Can a Medical Lab Scientist afford to live in Melbourne?

Comfortable26% of take-home left to save โ€” solid margin to save and invest.
Median salary (gross)
Medical Lab Scientist ยท Melbourne
$73,777
Income tax (~23% effective)
Australia
โ€“ $16,788
Take-home pay
$4,749/mo
$56,989
Living costs (1 person)
$3,500/mo ยท derived
โ€“ $42,000
Savings potential
$1,249/mo ยท 26% of take-home
$14,989

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 Medical Lab Scientist, adjusted for Melbourne.

โ€ข Tax: Australia single-filer effective rate (~23%). 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.