Cost of living
Lakeside compared to West Melbourne
🏛️
Overview comparison
LakesideWest Melbourne
Consumer prices in West Melbourne are roughly 2% higher than in Lakeside.
Cost of living
| Item | Lakeside | West Melbourne |
|---|
| Total with rent one person | 2,961 | 2,542 |
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| Total with rent family | 6,654 | 6,373 |
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| Without rent one person | 833 | 991 |
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| Without rent one family | 2,900 | 3,231 |
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| Rent & Utilities person | 1,293.13 | 1,496.69 |
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| Rent & Utilities family | 3,223.06 | 2,325.53 |
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| Food person | 512 | 656 |
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| Food family | 1,791 | 1,618 |
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| Transport person | 103.8 | 82.56 |
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| Transport family | 278.9 | 235.99 |
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| Life expectancy | 88.74 years | 73.94 years |
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Eating Out
| Item | Lakeside | West Melbourne |
|---|
| Lunch Menu | 19.42 | 16.43 |
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| Dinner in a Restaurant, for 2 | 69.8 | 81.22 |
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| Fast food meal, equiv. McDonald's | 9.69 | 9.38 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 4.86 | 6.92 |
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| Cappuccino | 4.39 | 5.5 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 2.07 | 2.12 |
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Rent & Utilities
| Item | Lakeside | West Melbourne |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 2,033.73 | 1,448.14 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 1,507.54 | 1,106.49 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 2,576.08 | 3,031.36 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 2,418.32 | 2,946.14 |
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| Utility Bill one person, electricity, heating, water, etc. | 112.38 | 110.56 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 150.71 | 170.46 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 76.6 | 56.87 |
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Transportation
| Item | Lakeside | West Melbourne |
|---|
| Local transport ticket | 6.86 | 5.96 |
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| Monthly ticket local transport | 4,330 | 5,248 |
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| Taxi Ride, 8 km or 5 mi | 2,798 | 3,380 |
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| Gas / Petrol, 1 L or 0.26 gal | 1.92 | 2.27 |
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| Mortgage Interest Rate for 20 Years | 72.01% | 78.28% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 18.88 | 19.04 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.11 | 1.11 |
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Groceries
| Item | Lakeside | West Melbourne |
|---|
| Milk, 1 L or 1 qt | 0.92 | 0.9 |
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| Bread, 0.5 kg or 1.1 lb | 3.95 | 2.95 |
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| Eggs, x12 | 3.5 | 4.23 |
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| Cheese, 1 kg or 2.2 lb | 13.22 | 12.89 |
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| Chicken Breast, 1 kg or 2.2 lb | 11.79 | 10.43 |
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| Round Steak, 1 kg or 2.2 lb | 15.98 | 16.31 |
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| Banana, 1 kg or 2.2 lb | 2.11 | 1.79 |
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| Water, 1 L or 1 qt | 1.67 | 1.6 |
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Other
| Item | Lakeside | West Melbourne |
|---|
| Gym Membership, 1 month | 44.75 | 45.39 |
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| Cinema Ticket, 1 person | 14.21 | 14.14 |
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| Doctors visit | 136.82 | 136.59 |
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| Haircut, simple | 18.51 | 22.12 |
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| Brand Jeans | 62.81 | 57.61 |
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| Brand Sneakers | 88.97 | 85.78 |
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| Daycare or Preschool, 1 month | 1,345.86 | 1,268.41 |
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| International Primary School, 1 year | 22,719 | 22,940 |
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