Can a Nurse Practitioner afford to live in Melbourne?

Excellent56% of take-home left to save — you can save aggressively here.
Median salary (gross)
Nurse Practitioner · Melbourne
$140,883
Income tax (~32% effective)
Australia
– $44,900
Take-home pay
$7,999/mo
$95,983
Living costs (1 person)
$3,500/mo · derived
– $42,000
Savings potential
$4,499/mo · 56% of take-home
$53,983

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

Full salary breakdown →Is this a good salary in Melbourne? →Compare Melbourne with another city →

How we calculated this

• Salary: OECD 2024 median for Nurse Practitioner, adjusted for Melbourne.

• Tax: Australia single-filer effective rate (~32%). Official calculator.

• 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.