Sovereign

Is $300,000 a Good Salary in Sydney?

An honest, data-driven analysis of purchasing power, lifestyle affordability, and tax impact for 2025.

The Verdict

Exceptional Income

You are in the top tier of earners for Sydney. This income level supports a premium lifestyle, luxury housing, and aggressive wealth accumulation.

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Estimated Monthly Allocation

Monthly Net Income
$15,694
Housing & Utilities
$3,924

Target 30-35% of net. Covers rent/mortgage in outer districts.

Groceries & Transport
$2,354

Core living expenses adjusted for Sydney CPI.

Lifestyle & Leisure
$3,924

Dining out, entertainment, and personal care.

Savings & Investment
$5,493

Remaining allocation for long-term wealth.

Other salary checks in Sydney

Jump to adjacent income bands to stress test lifestyle outcomes.

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Compare $300,000 across peer hubs

Same salary, different macro-region hubs to benchmark opportunity cost.

Adjust the Numbers

Salary FAQs

What does $300,000 translate to after tax in Sydney?
Our deterministic engine estimates roughly $188,333 per year (~$15,694 monthly) after Australia income taxes and mandatory social contributions for a single filer.
Can $300,000 comfortably cover housing in Sydney?
Allocating about $3,924 (25% of monthly net income) keeps housing and utilities within the recommended 30–35% band even in prime districts.
How much could I save earning $300,000 in Sydney?
Following the Sovereign allocation, you could direct roughly $5,493 per month (35% of take-home pay) toward investments, reserves, or debt payoff.