Contrary to popular opinion, the best things in life are rarely free -- least of all in Melbourne, where dinner and drinks at Attica will set you back almost $400, and rent for a one-bedroom apartment with no cat-swinging room can be highway robbery. Nevertheless, we've found a bevy of budget-friendly must-sees and -dos in this cosmopolitan city, from rooftop bar crawls to the biggest trampoline Down Under.
Most guided graffiti tours of the CBD or Fitzroy are going to set you back a pineapple ($50) or so, but Google "free street art tours Melbourne" and you'll find some DIY directions to the best examples in town from a heap of friendly thrift-focused types.
2. Ride, walk, or jog around Albert Park Lake
Don your Lycra or Lululemons and hit the 5km lakeside circuit for a workout with gorgeous city views. Best enjoyed first thing or at sunset, try to resist feeding the resident black swans.
Chill out and watch the stars in the beautiful botanical gardens over summer, when Moonlight Cinema comes to town. Pack some budget-friendly snacks and bring a cardi -- it is Melbourne after all. Nineteen dollars for adults, or $15 if you're a member.
4. Take a dip at MSAC
Access to the adult lap pool at Melbourne Sports and Aquatic Centre (MSAC) will cost you $8.20, or you can practice your bodyboarding skills on the FlowRider static wave for $20.
Held annually at the end of July, Open House Melbourne gives sticky beaks a rare opportunity to see inside some of the city's most fascinating and beautiful buildings. A must for any architecture or history buff. Best of all, though, it's absolutely free.
6. Rollerblade in St Kilda
You'll have to dodge the tourists, but the St Kilda foreshore -- with its sandy beach and iconic palm trees -- is a top spot for an eight-wheeled workout. It's just over 11 scenic kms from Port Melbourne to Elwood.
With a living rainforest, Aboriginal Cultural Centre, and Phar Lap in all his equine, 17.1-hand glory, there's plenty to see at Melbourne Museum in Carlton Gardens -- but really, it had us at dinosaurs. Adult entry is $14.
With several restaurants across Melbourne, folks from all walks of life can enjoy a vegetarian feast from not-for-profit operation Lentil as Anything, paying what they feel is fair. Don't be a scrooge!
There are plenty of opportunities to enjoy some up-and-coming comedic talent for under $20 at the Melbourne International Comedy Festival, which brings the laughs throughout March and April each year.
18. Get lost in the city's famous laneways
Throw away the guidebook and disable Google Maps for the day, then lose yourself in the city's famed cobblestone laneways with their eclectic mix of food, art, and fashionable finds. You might just discover a gem or two.
Affectionately known as the Tan, the leisurely 3.8km track around the Botanic Gardens and King's Domain in South Yarra is a popular spot for joggers, runners, and power-walkers, and offers great people- (and puppy-) watching opportunities.
With free entry, St Kilda's iconic amusement park is home to the Scenic Railway, the world's oldest continually operating roller coaster. A single ride at the park will set you back $10.95, but can you really put a price on fun?
Make like a tourist and explore the city sights for nada, zip, zilch on the City Circle tram. Enjoy audio commentary on the key landmarks around the city and Docklands aboard a charming heritage W-class tram.
Whether you want to learn about urban agriculture, your pelvic floor (umm), or how to kill at improv, Laneway Learning has the course for you. Most sessions are $14 a pop.
25. Have a picnic in Edinburgh Gardens
BYO vegan sausages, Frisbee, and homebrew to this popular North Fitzroy hang, which is decked out with BBQs, tennis courts, picnic tables, playgrounds, a basketball half-court, and ample room for lazy lounging.
For $19.50, you can take the Southern Hemisphere's fastest elevator ride up to Eureka Skydeck. This is not just for tourists, as the 360-degree views are EPIC, taking in everything from the G to Albert Park Lake, Port Phillip Bay, and beyond.
Twenty-seven kilometers of beauty that take you from Fed Square and alongside Merri Creek, Collingwood Children's Farm, Dights Falls, and more. Oh, and if you're visiting or your treadlie's in the shop, you can...
And ride around the city. It'll cost you $3 for unlimited 30-minute trips on a groovy blue bike for 24 hours. Usage fees will apply for longer trips.
29. Snorkel at Ricketts Point
The 115-hectare marine sanctuary of Ricketts Point, just near leafy Beaumaris, is a veritable playground for budding marine biologists. Pack a picnic, a snorkel, and some sunscreen, and make a day of it.
Make like you're cultured by catching one of the Melbourne Symphony Orchestra's free open-air summer concerts at the Sidney Myer Music Bowl. Grab three cheeses for $10 from South Melbourne Market, and you're laughing.
In the leafy Dandenong Ranges, the 1000 Steps Kokoda Walk is a well-trodden, picturesque path for seasoned runners, wide-eyed tourists, and Sunday strollers wanting to test their fitness or simply enjoy some crisp mountain air.