Cost Comparison 2025

MelbournevsPrague

Australia
Czech Republic

Overall

💰

-35.3%

Melbourne is 35.3%cheaper

Rent

🏠

-30.8%

Housing is 30.8% lower

Dining

🍽️

-47.1%

Restaurants 47.1% cheaper

Groceries

🛒

-37.5%

Food shopping 37.5% less

Comparing the cost of living between Melbourne, Australia and Prague, Czech Republic reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Melbourne is more affordable than Prague by approximately 35.3%. This comparison covers essential living expenses including housing, food, transportation, and utilities, providing you with a complete picture of what to expect financially in each city.

Key Cost Differences

Housing costs in Melbourne are higher than in Prague by 44%. A one-bedroom apartment in Melbourne's city center costs around A$2,200, while the same in Prague is approximately CZK 20,000.

Dining out in Melbourne is notably more expensive compared to Prague. An inexpensive restaurant meal costs A$20 in Melbourne versus CZK 150 in Prague.

Public transportation in Melbourne is more affordable, with monthly passes at A$170 compared to CZK 550 in Prague.

Purchasing power in Melbourne is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Prague.

Grocery shopping in Melbourne is more expensive by approximately 60%. Basic items like milk, bread, and eggs show higher prices across the board.

Monthly Budget Breakdown

When breaking down monthly expenses, a single person in Melbourne can expect to spend approximately A$786 per month (excluding rent), while in Prague, the same lifestyle would cost around CZK 9,098. For families, these figures increase significantly, with a family of four requiring about A$2,750 monthly in Melbourne versus CZK 31,843 in Prague. These estimates include groceries, dining out, transportation, utilities, and entertainment, providing a realistic picture of day-to-day living costs in each city.

Detailed Cost Comparison

Item
Melbourne, Australia
Prague, Czech Republic

🏠 Housing Costs (Monthly Rent)

1BR City Center
A$2,200
CZK 20,000
1BR Outside Center
A$1,700
CZK 15,000
3BR City Center
A$4,000
CZK 35,000

🍽️ Food & Dining

Meal, Inexpensive Restaurant
A$20
CZK 150
Meal for 2, Mid-range Restaurant
A$110
CZK 900
Cappuccino
A$5
CZK 60
Domestic Beer (0.5L)
A$10
CZK 40

🛒 Groceries

Milk (1L)
A$2
CZK 22
Bread (500g)
A$3
CZK 25
Eggs (12)
A$5
CZK 50
Cheese (1kg)
A$11
CZK 180

🚌 Transportation

One-way Ticket
A$5
CZK 32
Monthly Pass
A$170
CZK 550
Taxi Start
A$5
CZK 40
Gasoline (1L)
A$2
CZK 35

💡 Utilities & Internet

Basic Utilities (85m²)
A$180
CZK 4,500
Internet (60 Mbps)
A$75
CZK 500
Mobile Minute
A$0
CZK 3

Tips for Moving Between Cities

For those considering a move from Prague to Melbourne, the cost savings can be substantial, particularly in housing and daily expenses. However, it's important to factor in salary differences and job opportunities. Conversely, moving from Melbourne to Prague requires careful financial planning. Consider negotiating salary adjustments that reflect the higher cost of living, and research neighborhoods outside the city center for more affordable housing options while maintaining reasonable commute times.

Quality of Life Indices

Melbourne

Cost of Living Index85
Rent Index65
Purchasing Power Index100

Prague

Cost of Living Index55
Rent Index45
Purchasing Power Index70

Frequently Asked Questions

Is Melbourne more expensive than Prague?

No, Melbourne is approximately 35.3% cheaper than Prague. You'll find significant savings in housing, food, and transportation costs.

How much salary do I need in Melbourne compared to Prague?

To maintain the same standard of living, you would need approximately 74% of your Prague salary when living in Melbourne. For example, if you earn $50,000 in Prague, you'd need about $36,957 in Melbourne for a comparable lifestyle.

What are the biggest cost differences between Melbourne and Prague?

The most significant cost difference is in dining out. Restaurant prices vary by about 89%, which can significantly impact your entertainment budget. Transportation and utilities show notable variations between the two cities.

Which city is better for expats and digital nomads?

Melbourne offers better purchasing power, making it more attractive for those earning in strong currencies. However, Melbourne provides lower living costs, which benefits budget-conscious travelers. Consider Melbourne if you prioritize earning potential, or Prague for affordability.

What's a reasonable monthly budget for Melbourne vs Prague?

In Melbourne, a single person needs approximately A$2,486 per month (including rent), while a family of four requires about A$5,550. In Prague, these figures are CZK 24,098 for singles and CZK 56,843 for families. These estimates include housing, food, transportation, and basic entertainment.

The cost of living comparison between Melbourne and Prague in 2025 shows significant differences across various expense categories. Whether you're planning a relocation for work, considering retirement options, or simply curious about living costs, understanding these differences is crucial for making informed financial decisions.

Need to calculate salary equivalence?

Find out how much you need to earn in Prague to maintain your lifestyle from Melbourne

Calculate Salary Equivalence

Last updated: 2025-01-15 • Data sourced from multiple providers