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๐Ÿ’ก Smart Analysis

Comparing Canberra and Melbourne: Average gross pay is 2% higher in Melbourne. Cost of living is 11% cheaper in Canberra. With higher take-home and lower expenses, Canberra is a more financially comfortable place to live with an affordability score of 7.3/10 compared to 7.2/10.

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

๐Ÿ’ฐ Gross Salaries & Ranges

Average Gross Salary (Annual)
The primary average salary across experience ranges
$82,000/yr
$84,000/yr
HIGHER
Junior Developer Pay
$47,000
$47,000
Mid-Level Developer Pay
$71,000
$73,000
Senior Developer Pay
$107,000
$110,000
Lead / Architect Pay
$133,000
$138,000

๐Ÿ  Monthly Cost of Living

Rent โ€” City Center (1 Bed)
$1,600
$1,800
Rent โ€” Suburbs (1 Bed)
$1,040
$1,200
Groceries (Monthly)
$385
$400
Public Transport Pass
$95
$110
Utilities (Electricity, Internet)
$182
$190
Estimated Cost of Living
Rent center, groceries, transport plans & hobbies included
$2,566/mo
CHEAPER
$2,869/mo

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
$4,023/mo
$4,137/mo

๐Ÿ“Š Affordability & Savings

Affordability Index
Score out of 10 comparing local net pay to costs
7.3
MORE AFFORDABLE
7.2
Monthly Savings Potential
Money left over after all standard cost of living expenses
$1,457/mo
$1,268/mo
Months to Save $10,000
~7 months
~8 months
๐Ÿ‡ฆ๐Ÿ‡บ Complete Canberra Breakdown & Charts โ†’ ๐Ÿ‡ฆ๐Ÿ‡บ Complete Melbourne Breakdown & Charts โ†’