Cost of living
How Much Salary Do You Need To Live In Melbourne?
Short answer
Melbourne rents sit below Sydney but are rising. On our indicative figures a single person spends about $3,490 a month on a one-bedroom, transport, food and utilities. Roughly $57,000 gross covers that with room to save, once PAYG tax and the 2% Medicare levy are taken out.
Rent below Sydney, but climbing
Melbourne's rents are typically lower than Sydney's, so a similar salary can leave more disposable income. Use the Melbourne salary calculator with your suburb's rent.
Outer vs inner
Living further out lowers rent but adds commute cost and time. Factor both in when judging whether a salary is enough.
Frequently asked questions
Is Melbourne cheaper than Sydney?+
Generally yes for rent, which usually means more disposable income for the same salary.
How much rent should I budget?+
It varies sharply by suburb - check current listings and use the calculator.
Does tax differ from Sydney?+
No - income tax is federal, so only living costs differ.
Sources & methodology
- ATO - Personal income tax: new tax cuts (15% rate from 1 July 2026)
- Income Tax Rates Act 1986 (legislation.gov.au)
- ATO - Study and training loan repayment thresholds and rates
- ATO - Super guarantee
- ATO - Contribution caps
- ATO - Payday Super and the annual maximum contribution base
- ATO - Medicare levy
- ATO - Medicare levy surcharge income thresholds and rates
- Fair Work Ombudsman - Pay slips
- How we calculate these estimates
Last updated 13 August 2026. Figures use the 2026-27 financial year.
Related calculators & guides
Try the Melbourne Salary Calculator
Put these numbers into a calculator and see your own result.