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Cost of Living in Bendigo: What You Actually Pay in 2024

Central Victoria's fastest-growing city — the 2024 financial picture.

By Bendigo Daily · Published 30 June 2026 at 3:05 am

2 min read

Updated 2 July 2026 at 3:45 am

Cost of Living in Bendigo: What You Actually Pay in 2024
Photo: Photo by Unsplash
Quick summary
  • Bendigo has been one of Victoria's strongest regional city performers over the past decade, with population growth driven by Melbourne overspill, healthcare sector expansion around Bendigo Health, and the arts and cultural economy anchored by the internationally regarded Bendigo Art Gallery.
  • Its cost-of-living profile reflects a city that has repriced upward from its historic discount while remaining materially below Melbourne.
  • Housing — Bendigo's median house price reached $570,000 in mid-2024.

Bendigo has been one of Victoria's strongest regional city performers over the past decade, with population growth driven by Melbourne overspill, healthcare sector expansion around Bendigo Health, and the arts and cultural economy anchored by the internationally regarded Bendigo Art Gallery. Its cost-of-living profile reflects a city that has repriced upward from its historic discount while remaining materially below Melbourne.

Housing — Bendigo's median house price reached $570,000 in mid-2024. Inner Bendigo (Flora Hill, Long Gully, Golden Square, Kennington) provides three-bedroom houses at $520,000-$750,000. Strathfieldsaye and White Hills offer newer housing at $480,000-$620,000. Median weekly rent for a three-bedroom house averages $430-$550. The rental market has tightened with the expansion of Bendigo Health, La Trobe University, and the TAFE workforce.

Groceries and food — weekly grocery spend for a couple averages $155-$205. Bendigo's position in the Murray-Darling Basin agricultural region provides excellent access to stone fruit, citrus, and table grapes at direct-market pricing through the Bendigo Marketplace and seasonal roadside stalls on the Calder Highway corridor.

Healthcare — Bendigo Health provides tertiary-level care unusual in a regional city of its size, and the expanded Bendigo Hospital is a primary employment driver. Healthcare workers attracted by Bendigo Health employment find a housing market that offers remarkable affordability relative to metropolitan health system employment locations.

Transport — the Melbourne-Bendigo Vline service takes 90 minutes to the CBD. Monthly commute costs average $400-$500. The Bendigo Airport provides Sydney and Brisbane charter services, with regular commercial connections through Melbourne.

The university city factor — La Trobe University Bendigo campus and TAFE North West provide the young population and cultural energy that makes Bendigo feel younger and more dynamic than its regional peers of similar size.

This article was compiled by AI and screened before publishing. See our editorial standards.

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This article was produced by the The Daily Bendigo editorial desk and covers finance in Bendigo. See our editorial standards for how we use AI.

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