Australia • New South Wales • Sydney • Verified Statutory Benchmark (Tax Year 2025)
Is A$120K a Good Salary in Sydney?
Comprehensive income intelligence analyzing take-home pay, statutory deductions, baseline housing costs, and uncommitted disposable savings in Sydney.
AEO Direct Answer & Verdict
Tax Year 2025 / Deterministic Statutory Model
A$120,000 is an upper-middle income in Australia, offering solid financial comfort in Sydney.
Generates roughly A$7,340/month net after ATO revised Stage 3 tax and Medicare levy. After typical Eastern Suburbs or Inner West rent (~A$2,800/mo) and Opal transit, monthly surplus is ~A$2,200.
Market Context: Significantly higher than national full-time average wage (~A$98,000).
Benchmark Summary Table (AUD 120,000 in Sydney)
| Financial Metric | Amount | Classification |
|---|---|---|
| Gross Annual Salary | AUD 120,000 | Scenario Input |
| Jurisdiction / Location | Sydney, Australia | Tax Entity |
| Cost of Living Index (NYC = 100) | 79.5 | Statistical Benchmark |
| Statutory Deductions Status | VERIFIED | Official Schedule |