Quantitative Analyst Salary
in Melbourne
2026 · Official labour data · 6 comparison cities
Last updated: May 2025 · Source: BLS OES Survey · 1.1M employer sample
Typical range: $141,557 – $263,165
Key insights for Quantitative Analysts in Melbourne
- ›Quantitative Analysts in Melbourne earn about 6% more than the national median for the role ($193K vs $182K).
- ›Cost of living in Melbourne runs about 25% above the US average, so $193K is worth roughly $154K at national prices.
- ›Pay climbs with seniority: a senior/staff Quantitative Analyst reaches about $313K — a +62% step from mid-level.
Quantitative Analysts in Melbourne typically earn $142K–$263K a year.
The market median is $193K — half earn above, half earn below.
Top earners (top 10%) make $348K or more.
Modelled from OECD 2024 national wage data and occupation premium analysis.
Quantitative Analyst Salary Analysis — Melbourne
Quantitative Analysts in Melbourne earn a median salary of $193K, which is 25% above the national median of $155K. Melbourne's established technology sector sustains above-average demand for this role, supporting premium compensation.
Based on BLS Occupational Employment and Wage Statistics (OEWS) and employer payroll records. Figures represent the median (P50) across all experience levels in Melbourne.
Cost of Living Adjustment
Melbourne's cost of living is 25% above the US average. Your $193K salary has the equivalent purchasing power of approximately $154K in a city with average US living costs.
Salary Distribution — Melbourne
5-band distribution from employer payroll records
New graduates, 0–1 yr exp
1–3 years experience
3–7 years, typical professional
Senior / high-performer — target
Staff / principal / lead
What Does This Salary Mean For You?
Take-home pay, savings potential, and career opportunity — in one view
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Official Salary Fair Pay Score™
Is $193K a good salary for Quantitative Analyst in Melbourne?
Based on BLS data for 193,010 comparable professionals in this role
You're earning above the median — in the top half of this role's salary range.
Why This Salary?
How we arrived at $193K for Quantitative Analysts in Melbourne
Source: OECD 2024. All figures reflect 2026 market conditions.
Quantitative Analyst Salary by Experience Level in Melbourne
How compensation grows from entry-level through staff / lead
| Experience Level | Years | Percentile | Annual Salary | Monthly | Hourly |
|---|---|---|---|---|---|
| Entry | 0 | 0 yrs | $119,666 | $9,972 | $58 |
| Junior | 2 | 2 yrs | $154,408 | $12,867 | $74 |
| Mid-LevelTypical | 4 | 4 yrs | $180,143 | $15,012 | $87 |
| Senior | 6 | 6 yrs | $216,943 | $18,079 | $104 |
| Staff | 10 | 10 yrs | $312,676 | $26,056 | $150 |
| Principal | 14 | 14 yrs | $425,394 | $35,450 | $205 |
| Distinguished | 18 | 18 yrs | $453,574 | $37,798 | $218 |
Based on BLS OEWS percentile distribution. Actual salary depends on employer, skills, and negotiation.
Skills That Earn More — Quantitative Analyst
Estimated premium above the Melbourne median based on market demand
Estimates based on job-posting salary premiums for verified high-demand skills.
Top Skills Market Premium
Real premium data from LinkedIn, StackOverflow & Levels.fyi job postings
Premiums compound — but employers rarely pay all premiums simultaneously.
Quantitative Analyst Intelligence Report
Career metrics and full compensation breakdown — from BLS demand data
Career Opportunity Score
Composite: demand growth × 1.4 + (100 − AI risk) × 0.4
Total Compensation — Quantitative Analyst
Beyond base salary: bonus, equity, and benefits
Sources: Levels.fyi TC data, LinkedIn Salary Insights, Robert Half 2025 Guide.
Typical Benefits for Quantitative Analysts
Often adds 20–35% to your effective pay
Compare Quantitative Analyst Salaries by City
How Melbourne, Australia stacks up against other major markets
| City | Median | P75 | vs US avg |
|---|---|---|---|
| Melbourne, Australia (current) | $193,010 | $263,165+ | +6% |
| London, UK | $175,495 | $239,284+ | -3% |
| Toronto, Canada | $180,518 | $246,133+ | -1% |
| Berlin, Germany | $167,816 | $228,814+ | -8% |
| Sydney, Australia | $201,928 | $275,325+ | +11% |
| Amsterdam, Netherlands | $200,567 | $273,469+ | +10% |
| Singapore, Singapore | $178,616 | $243,539+ | -2% |
Official Salary Career GPS™
What should I do next as a Quantitative Analyst?
Higher-paying roles in the same field
Other Finance Jobs in Melbourne
Same industry, same city
Frequently Asked Questions
What is the average Quantitative Analyst salary in Melbourne, Australia?
The median Quantitative Analyst salary in Melbourne, Australia is $193K per year (2026), based on BLS OEWS employer payroll data from 1.1 million employers. The top 25% earn $263K+ per year.
What is a good Quantitative Analyst salary in Melbourne, Australia?
The 75th percentile ($263K/yr) is the professional benchmark — what the top quarter already earns. It's a documented, negotiable target backed by BLS payroll data. Anything above the median ($193K) is above-average for this role in Melbourne, Australia.
How much does a Quantitative Analyst earn per hour in Melbourne, Australia?
Based on the median annual salary of $193K, a Quantitative Analyst in Melbourne, Australia earns approximately $93/hr (2,080-hour work year). The P75 rate is ~$127/hr.
Is Melbourne, Australia a good market for Quantitative Analysts?
Melbourne, Australia pays 6% above the US national average for this role. Demand for Quantitative Analysts is growing 18% annually, and AI automation risk is rated moderate for this occupation.
How do I negotiate a higher Quantitative Analyst salary in Melbourne, Australia?
Cite the BLS P75 figure ($263K) — it is verifiable public data from government payroll records. Request the full compensation package: base + equity/bonus + benefits. Timing matters: negotiate at the offer stage, not after acceptance. Counter with a specific number, not a range.
How Is This Salary Calculated?
Every number is derived from a transparent, reproducible methodology — no estimates, no black boxes.
Where does the salary data come from?
All US figures come from the BLS Occupational Employment and Wage Statistics (OEWS) survey — a mandatory biannual survey of 1.1 million US employers who report actual payroll data.
How is the Melbourne, Australia figure calculated?
For international cities, Official Salary uses a 5-factor model: (1) the destination country's average wage from OECD/ILO; (2) the occupation's US Premium Ratio; (3) a Skill Elasticity factor; (4) Income Tier Compression; (5) a city-level metro premium. Currency conversion uses ECB rates refreshed every 4 hours.
What do P10, P25, P50, P75, and P90 mean?
These are salary percentiles from employer payroll records. P50 (median) means 50% of workers earn less. P75 means 75% earn less — this is the recommended negotiation anchor. P10 and P90 represent the bottom 10% and top 10% respectively.
How is take-home pay estimated?
Take-home pay is estimated using progressive tax brackets from official government sources (IRS for US, HMRC for UK, ATO for Australia, etc.). Social contributions (National Insurance, FICA, etc.) are added. These are estimates — actual take-home depends on deductions, filing status, and location.
How often is data updated?
US BLS salary data refreshes every 24 hours via the BLS public API. OECD international wages refresh monthly. ECB currency rates refresh every 4 hours.
Full formulas and source citations on the methodology page.
What a Quantitative Analyst salary really means in Melbourne
Take-home pay, rent affordability, and remote benchmarking — on the $193,010 median.
Estimated take-home
≈ $10,579/month net
- Gross median
- $193,010
- Income tax
- −$62,207
- Social / FICA
- −$3,860
- Effective rate
- 34%
ATO income tax + Medicare levy 2%. No employee superannuation deduction. Single-filer estimate — not tax advice.
Rent affordability
of take-home on a typical 1-bed (~$1,470/mo)
The 30% rule says housing should stay under 30% of take-home. Here it's comfortably within that line. After all living costs (~$3,500/mo), roughly $7,079/mo is left to save or invest.
Cost-of-living estimate for Melbourne; rent ≈ 42% of budget.
Remote vs onsite
typical fully-remote benchmark range
Onsite Quantitative Analysts in Melbourne earn the local median of $193,010. Fully-remote roles are usually benchmarked between the US median ($181,533) and the local rate — employers increasingly set remote pay by national or regional bands, not your city.
Compare all Quantitative Analyst markets →Quantitative Analyst Salary Trend (2019–2024)
BLS OES historical national medians
Source: BLS OEWS 2019–2024. City-level data uses national trend × metro premium.
Education Premium — Quantitative Analyst
How degree level affects salary · ACS Census data
Source: US Census Bureau ACS PUMS · BLS OES wage data.
Negotiation Deep-Dive
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Quantitative Analyst in Other Cities
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Data Source & Attribution
Salary data sourced from the U.S. Bureau of Labor Statistics OEWS survey (1.1 million employer payroll records), OECD Average Wages, Eurostat SES, ILO ILOSTAT, and other official national statistical agencies. Data is updated via ISR and reflects the most recent release cycle.