The cost of living in Geelong can be lower than Melbourne in some areas, particularly housing, although prices vary between suburbs and property types. Rent or mortgage payments are usually the biggest expense, followed by electricity, groceries, transport, insurance and childcare. Geelong’s train links and local bus network may help reduce commuting costs, but travelling regularly to Melbourne can add up. Compare current rents and everyday prices for the suburb you are considering, and check Victorian concessions and household support through the relevant government websites.