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๐Ÿ’ก Smart Analysis

Comparing Sydney and Melbourne: Average gross pay is 10% 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
$80,000/yr
HIGHER
$73,000/yr
Junior Developer Pay
$44,000
$40,000
Mid-Level Developer Pay
$69,000
$64,000
Senior Developer Pay
$104,000
$97,000
Lead / Architect Pay
$128,000
$122,000

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
$3,910/mo
$3,626/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
$797/mo
$757/mo
Months to Save $10,000
~13 months
~13 months
๐Ÿ‡ฆ๐Ÿ‡บ Complete Sydney Breakdown & Charts โ†’ ๐Ÿ‡ฆ๐Ÿ‡บ Complete Melbourne Breakdown & Charts โ†’