🇦🇺 Australia · AUD · 2023 data
Savings rate benchmarks in Australia — are you on track?
Based on ABS Household Expenditure Survey 2022/23, here is what people at each income level in Australia typically save — and how your city affects that benchmark.
Expected savings rate by income — Australia
| Income range | Expected savings rate |
|---|---|
| A$30,000 – A$50,000 | 2% |
| A$50,000 – A$70,000 | 4% |
| A$70,000 – A$95,000 | 8% |
| A$95,000 – A$130,000 | 13% |
| A$130,000 – A$180,000 | 19% |
| A$180,000 – A$250,000 | 25% |
| A$250,000+ | 32% |
Source: ABS Household Expenditure Survey 2022/23. Rates represent gross income saved before tax. Coverage varies by income band.
Check your savings rate — pre-set for Australia
Cities in Australia
Select a city to see how local rent and costs affect your savings benchmark.
Browse by income bracket
See savings benchmarks for a specific income level across Australia's major cities.