Melbourne · A$130,000 – A$180,000 · high cost city
Savings rate in Melbourne on A$130,000 – A$180,000 — are you on track?
Earning A$130,000 – A$180,000 in Melbourne? Based on ABS Household Expenditure Survey 2022/23, people at this income level in Australia typically save around 19% of gross income. Enter your actual costs below to see how you compare.
Pre-set for Melbourne · A$130,000 – A$180,000 — adjust to your situation
What 19% savings means in Melbourne
Using ABS Household Expenditure Survey 2022/23, people earning A$130,000 – A$180,000 in Australia save around 19% of gross income on average. In Melbourne — a high cost city — housing costs typically run 4–13% of income, which puts real pressure on savings at lower income bands.
Minimum
4%
floor — not building
Expected
8%
mid-income benchmark
Strong
19%
top tier
Source: ABS Household Expenditure Survey 2022/23. Benchmarks shown for mid-income earners in Australia.
Also in the Verdict suite