Moving from West Palm Beach to Melbourne (2026)

Melbourne has a COL index of 110 vs 117 for West Palm Beach (100 = US average). You'd pay about 6% less for the same lifestyle.

Save ~$2,012/mo
on rent + taxes ยท $75K salary baseline

Change cities

Key differences

COL index
117 โ†’ 110
100 = US avg
1BR rent
$2,400 โ†’ $1,600
per month
State tax
None โ†’ 45%
income tax
COL difference
117 โ†’ 110
6% cheaper

Salary needed in Melbourne to match your West Palm Beach lifestyle

Based on the 6% cost of living decrease between the two cities.

Your salary in West Palm BeachEquivalent in Melbourne
$40K$37,607
$50K$47,009
$60K$56,410
$75K$70,513
$80K$75,214
$100K$94,017
$120K$112,821
$150K$141,026

๐Ÿ’ต Household income (before tax)

$
$30K$300K
Save ~$863/moon core expenses at $75K

Monthly budget at $75K โ€” West Palm Beach vs Melbourne

ExpenseWest Palm BeachMelbourne
Monthly take-home$4,741$3,000
1BR rent$2,400$1,600
Groceries$403$380
Transport$112$150
Utilities$200$130
Internet$70$62
Left after essentials$1,556$678

30-Year Wealth Builder

If you invest your monthly savings of $863 in a low-cost index fund (7% avg return), you'd accumulate an extra:

$1,052,835

over 30 years compared to staying in West Palm Beach โ€” that's the real price of a city.

$863/mo invested

Frequently asked questions

Is Melbourne cheaper than West Palm Beach?

Yes. Melbourne has a cost of living index of 110 vs 117 for West Palm Beach (100 = US average). That's about 6% cheaper.

How much will I save moving from West Palm Beach to Melbourne?

On a $75K salary, core expenses in Melbourne run about $2,012/month more than West Palm Beach. Factor this into your salary negotiation when relocating.

What salary do I need in Melbourne to match my West Palm Beach lifestyle?

To maintain the same purchasing power as $75,000 in West Palm Beach, you'd need roughly $70,513/year in Melbourne. This is based on the overall COL index difference.

Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates. Zillow ยท BLS ยท Numbeo ยท For general guidance only