Can a Genetic Counselor afford to live in Melbourne?

Excellent46% of take-home left to save โ€” you can save aggressively here.
Median salary (gross)
Genetic Counselor ยท Melbourne
$107,390
Income tax (~28% effective)
Australia
โ€“ $30,256
Take-home pay
$6,428/mo
$77,134
Living costs (1 person)
$3,500/mo ยท derived
โ€“ $42,000
Savings potential
$2,928/mo ยท 46% of take-home
$35,134

Single professional, after-tax. Salary โˆ’ tax โˆ’ living costs = what you could save each year.

How we calculated this

โ€ข Salary: OECD 2024 median for Genetic Counselor, adjusted for Melbourne.

โ€ข Tax: Australia single-filer effective rate (~28%). Official calculator.

โ€ข Living costs: derived from cost-of-living index for a single professional.

Planning estimates, not financial or tax advice. Updated 2026. Your situation will differ.