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๐Ÿ’ก Smart Analysis

Comparing Sydney and Melbourne: Average gross pay is 9% higher in Sydney. Cost of living is 8% cheaper in Melbourne. With higher take-home and lower expenses, Melbourne is a more financially comfortable place to live with an affordability score of 7.2/10 compared to 7/10.

Category Comparison
๐Ÿ‡ฆ๐Ÿ‡บ
Sydney
๐Ÿ‡ฆ๐Ÿ‡บ
Melbourne

๐Ÿ’ฐ Gross Salaries & Ranges

Average Gross Salary (Annual)
The primary average salary across experience ranges
$95,000/yr
HIGHER
$87,000/yr
Junior Developer Pay
$53,000
$48,000
Mid-Level Developer Pay
$82,000
$76,000
Senior Developer Pay
$122,000
$114,000
Lead / Architect Pay
$151,000
$143,000

๐Ÿ  Monthly Cost of Living

Rent โ€” City Center (1 Bed)
$2,000
$1,800
Rent โ€” Suburbs (1 Bed)
$1,300
$1,200
Groceries (Monthly)
$420
$400
Public Transport Pass
$120
$110
Utilities (Electricity, Internet)
$200
$190
Estimated Cost of Living
Rent center, groceries, transport plans & hobbies included
$3,113/mo
$2,869/mo
CHEAPER

๐Ÿงพ Tax rates & Take-home

Average Income Tax Rate
32%
32%
Social Security Deduction
0%
0%
Monthly Take-home (After Tax)
Estimated direct net monthly deposit based on mid-level pay
$4,646/mo
$4,306/mo

๐Ÿ“Š Affordability & Savings

Affordability Index
Score out of 10 comparing local net pay to costs
7
7.2
MORE AFFORDABLE
Monthly Savings Potential
Money left over after all standard cost of living expenses
$1,533/mo
$1,437/mo
Months to Save $10,000
~7 months
~7 months
๐Ÿ‡ฆ๐Ÿ‡บ Complete Sydney Breakdown & Charts โ†’ ๐Ÿ‡ฆ๐Ÿ‡บ Complete Melbourne Breakdown & Charts โ†’