Toorak vs South Yarra

Neighborhood comparison in Melbourne, Australia

Toorak

88.7
COLI Index
More Expensive
VS

South Yarra

83.2
COLI Index
More Affordable

Side-by-Side Comparison

1.30x
Toorak Multiplier
1.22x
South Yarra Multiplier
A$3,325
Est. 1BR Rent
A$3,120
Est. 1BR Rent
A$94,528
$75K Equivalent
A$88,666
$75K Equivalent

Cost Comparison

Toorak
1.30x
South Yarra
1.22x

Toorak is 6% more expensive than South Yarra within Melbourne. Living in South Yarra instead of Toorak could save you significantly on rent and daily expenses.

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More Comparisons in Melbourne

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Data Sources: Cost of living data from Numbeo · Expatistan. Rent from Numbeo Property Prices. Tax rates from OECD Taxing Wages · Australian Bureau of Statistics · Australian Taxation Office. Salary data from BLS · Glassdoor. Exchange rates from the ECB. Updated 2026-02-28. All figures are estimates.