Australia

Melbourne Salaries & Cost of Living 2026

Melbourne is a major economic hub of Australia. Population 5.1M. Salaries here are typically 5% higher than the national average for Australia.

Estimated city median
$121,192
+5% vs national
Cost of living index
73
NYC = 100
Population
5.1M
Hub city

Top-paying jobs in Melbourne

Estimated city-level pay = national median × 1.05 city multiplier.

Top employers in Melbourne

NABTelstraBHP

Frequently Asked Questions

The average salary in Melbourne is approximately $121,192 per year, about 5% above the Australia national average.