Salary vs rent · Melbourne
A$60,000 salary in Melbourne: how much rent can you afford?
On A$60,000/year your monthly take-home budget (gross) is A$5,000/month. The median rent in Melbourne is A$2,300, which would take 46.0% of your income — Risky.
Your monthly rent budget
Comfortable (25%)up to A$1,250/mo
Manageable (30%)up to A$1,500/mo
Stretch (35%)up to A$1,750/mo
Risky (45%)up to A$2,250/mo
Rent landscape in Melbourne
A$1,500
30.0% of your salary
Budget rent
A$2,300
46.0% of your salary
Typical rent
A$3,800
76.0% of your salary
High-end rent
Renters in Melbourne typically spend 23–44% of income on rent. At A$60,000/year, you have limited room to cover the median rent comfortably.
Data confidence: medium · Consumer Affairs Victoria rental data + ABS Housing Expenditure Survey 2022–23 · 2023
Other salaries in Melbourne