Salary Comparison

Software Engineer Salary:
New York, NY vs Melbourne

Side-by-side gross salary, after-tax take-home pay, and purchasing power comparison. Updated June 2026.

New York, NY
$208,353
/ year
+117%
difference
Melbourne
$96,116
/ year
Bottom line: New York wins on all three metrics โ€” higher salary, more take-home pay, and greater purchasing power. How is this calculated? โ†’
Metric
New York
Melbourne
Median Gross Salary
Annual, before tax
$208,353โœ“ higher
$96,116
Entry Level
0โ€“2 years experience
$134,741โœ“ higher
$63,772
Senior Level
8+ years experience
$322,181โœ“ higher
$144,864
Est. Take-Home Pay
After income tax + FICA
$139,502โœ“ higher
$65,359
Purchasing Power
Equivalent in median-CoL city
$143,692โœ“ higher
$76,893
Cost of Living Index
Relative to US median (1.00)
1.45ร—
1.25ร—โœ“ lower
Percentile 10 (Low)
Bottom 10% of earners
$134,741โœ“ higher
$96,933
Percentile 90 (High)
Top 10% of earners
$322,181โœ“ higher
$220,193

What if you move from New York to Melbourne?

Gross salary change
$112,237
117% decrease
Take-home change
$74,143
per year after tax
Purchasing power change
$66,799
equivalent real income

Take-home pay is estimated using 2024 US federal tax brackets (single filer) + 7.65% FICA, or a blended international effective rate. Purchasing power converts gross salary to an equivalent in a US median cost-of-living city (index 1.00ร—). Full methodology โ†’

Salary Range Comparison

New York, NY$208,353
P10: $134,741Median: $208,353P90: $322,181
Melbourne$96,116
P10: $96,933Median: $96,116P90: $220,193

Frequently Asked Questions

โ–ถDoes a Software Engineer earn more in New York or Melbourne?

The median Software Engineer salary in New York, NY is $208,353/yr compared to A$146,096/yr in Melbourne. New York pays 117% more in gross terms.

โ–ถIs a Software Engineer salary worth more in New York or Melbourne after cost of living?

After adjusting for local cost of living, your New York salary has the purchasing power of $143,692/yr in a median-cost city, vs $76,893/yr for Melbourne. New York offers stronger real purchasing power.

โ–ถWhat is the take-home pay for a Software Engineer in New York vs Melbourne?

After estimated taxes, a Software Engineer in New York, NY takes home approximately $139,502/yr, vs $65,359/yr in Melbourne. These are estimates based on standard federal tax rates and do not account for state/local taxes or deductions.