What Counts as a Good Salary in Sydney and Melbourne in 2026?

Flat illustration of the Sydney skyline with the Opera House and city towers.

“Is $120k a good salary in Sydney?” It’s the most-Googled version of a question that doesn’t have a single answer — because “good” depends entirely on what you do and where you sit against others doing the same thing.

Why a flat number misleads you

$120k is strong for one role and below market for another. Comparing yourself to a city-wide “average” tells you almost nothing, because it blends nurses, engineers, baristas and executives into one meaningless figure. The only comparison that matters is your role, in your city, against people who do it.

The number that actually answers the question

It’s your percentile — where your pay falls in the distribution for your role and location. Sitting at the 70th percentile means you out-earn 70% of comparable people. That’s a real answer; “is $120k good?” is not.

Sydney vs Melbourne — and cost of living

Sydney typically pays a little more for the same role, but housing eats most of the difference. A higher Sydney number isn’t automatically a better deal once rent is in the picture. Judge the offer on percentile *and* what it leaves you after living costs — not the headline.

Find your number

Skip the guesswork and the “average salary” articles. Run a free salary check — enter your role, city and pay, and see your exact percentile against real Australian data in about a minute.

A good salary isn’t a number you read in an article. It’s where you sit against people doing your job, in your city.

Frequently asked questions

What is a good salary in Sydney?

The Greater Sydney full-time median is about $96,000 a year (ABS, August 2025), so anything above that is above the middle of the local market. What matters more is your percentile for your own role, since a strong salary in one occupation is below market in another.

What is a good salary in Melbourne?

The Greater Melbourne full-time median is about $88,500 a year (ABS, August 2025) — below both Greater Sydney and Greater Brisbane. Above that figure puts you in the better-paid half of the city.

Is $120,000 a good salary in Sydney?

Yes. It sits roughly $24,000 above the Greater Sydney full-time median of about $96,000, which places you comfortably in the upper third. Whether it is right for your job depends on your role and level, not the city figure.

Does Sydney pay more than Melbourne?

Yes, by about $7,500 a year at the median. Housing costs absorb much of that difference, so a higher Sydney number is not automatically the better deal once living costs are counted.

How do I know whether my own salary is good?

Check your percentile for your role and city rather than comparing against a city-wide average. Below the 40th percentile suggests a gap worth raising; above the 75th means you are well paid and should know your floor.

Built on ABS and Jobs and Skills Australia data.

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