Daily Budget Ranges for Melbourne
Melbourne offers excellent value for travellers across different budgets. Budget travellers can comfortably visit on AUD $80–120 per day, mid-range visitors should budget AUD $150–250 daily, and luxury travellers typically spend AUD $300+ per day. These figures account for accommodation, meals, public transport, and one paid activity. The city's free attractions—including street art laneways, parks, and museums like the National Gallery of Victoria's permanent collection—help stretch budgets considerably.
Accommodation and Food Costs
Hostel beds in areas like Fitzroy or North Melbourne range from AUD $35–60 per night, while mid-range hotels in suburbs such as South Yarra or Southbank cost AUD $100–180. Budget-conscious diners can grab quality meals at local cafes for AUD $12–18, or visit food courts in the CBD (like Emporium Melbourne) for similar prices. A sit-down restaurant meal typically costs AUD $25–45 per person. The Queen Victoria Market offers fresh produce and ready-to-eat options at reasonable prices.
Transport and Activities
A myki card (Melbourne's transport card) provides excellent value: daily caps around AUD $10–16 cover unlimited trains, trams, and buses. Iconic trams on routes 35 and 48 are free within the City Loop. Paid activities vary widely—the Eureka Skydeck costs AUD $24, while sporting events like Australian Open or AFL games range AUD $30–150. Many galleries, gardens, and street art tours cost nothing or under AUD $20, making Melbourne particularly budget-friendly for culture enthusiasts.