Adelaide vs Melbourne
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026·Source: OECD, Numbeo & National Statistics
💡 Why it matters: Adelaide vs Melbourne
Adelaide is 19% more affordable for homebuyers. Adelaide has a price-to-income ratio of 7.5x compared to 9.2x in Melbourne.
| Metric | Adelaide | Melbourne |
|---|---|---|
| Avg Home Price | $550,000 | $680,000 |
| Price / sqm | $5,800 | $8,500 |
| Rent (1BR) | $1,600/mo | $2,200/mo |
| Rent (3BR) | $2,400/mo | $3,200/mo |
| Price-to-Income | 7.5x | 9.2x |
| Mortgage Rate | 6.2% | 6.2% |
| 1yr Change | +9.5% | +3.2% |
| Median Income | $73,000/yr | $74,000/yr |
| Population | 1,400,000 | 5,100,000 |
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HomePricePeek Research TeamData Specialists
Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.
✓ OECD, Numbeo & National Statistics✓ Updated 2025
Frequently Asked Questions
Is Adelaide or Melbourne more expensive?
Adelaide is more affordable. Home prices differ by $130,000 (19%).
Which city has cheaper rent, Adelaide or Melbourne?
Rent for a 1BR in Adelaide is $1,600/mo vs $2,200/mo in Melbourne.
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