Can a Orthodontist afford to live in Melbourne?

Excellent78% of take-home left to save โ€” you can save aggressively here.
Median salary (gross)
Orthodontist ยท Melbourne
$295,214
Income tax (~35% effective)
Australia
โ€“ $103,325
Take-home pay
$15,991/mo
$191,889
Living costs (1 person)
$3,500/mo ยท derived
โ€“ $42,000
Savings potential
$12,491/mo ยท 78% of take-home
$149,889

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 Orthodontist, adjusted for Melbourne.

โ€ข Tax: Australia single-filer effective rate (~35%). 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.