Cost of living in Melbourne
Melbourne, AR, is a charming city in the United States known for its welcoming community and scenic surroundings. Understanding the cost of living here is crucial for both current residents and those considering a move.
This guide provides a detailed breakdown of expenses in Melbourne, covering everything from dining and groceries to housing and transportation.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $16.5 on average, with a range between $12 and $20.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $77.5, with prices ranging from $70 to $80.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9, with a range between $7.99 and $10.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $5 to $6, imported beer $7 to $8, cappuccino $4 to $6, and Coke/Pepsi $2 to $2.47.
Grocery Prices
- Milk - Milk is priced between $0.85 and $1.06 per liter, averaging $0.92.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.08 and $4.41, with an average price of $3.62.
- Eggs (Dozen) - A dozen eggs range from $3 to $6.95, averaging $5.31.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.84 to $5.51 per kg, while oranges range from $2.65 to $2.76 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced at $1.94 per kg, and lettuce costs $1.49 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.7 and $0.85 per liter.
- Car Purchase (e.g., Volkswagen Golf, Toyota Corolla) - A new Volkswagen Golf costs between $17,499 and $36,501.8, while a Toyota Corolla ranges from $14,995 to $26,659.37.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $1038.34.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $778.75.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $152.49 and $200, averaging $176.39.
- Internet - Internet services range from $49.99 to $90, with an average cost of $63.99.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
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Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Melbourne, AR, offers a moderate cost of living with affordable housing options, especially outside the city centre.
Dining out is reasonably priced, with a variety of options from casual to mid-range restaurants.
Transportation costs are manageable, with competitive fuel prices and a range of car purchasing options.
Conclusion
In conclusion, Melbourne, AR, provides a balanced cost of living that can accommodate various lifestyles and budgets.
Whether you're considering a move or already reside here, understanding these costs can help you manage your finances effectively.