Is Footscray Expensive?

Melbourne, Australia

-22% vs Melbourne avg

Living in Footscray, Melbourne

Footscray is one of the most affordable neighborhoods in Melbourne, with a cost of living index of 53.2 — that is -22% compared to the Melbourne average. Ranked #23 of 24, it offers some of the lowest costs in the city. Estimated rent for a one-bedroom apartment here is around A$1,995/month, compared to a range of A$1,842 in Sunshine to A$3,325 in Toorak.

Monthly Budget Breakdown

For a typical resident of Footscray, housing takes up roughly 35% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately A$79,800 before tax.

Typical Salaries in Footscray

Salaries in Footscray reflect the local cost of living. Based on the neighborhood COLI of 53.2:

After tax and deductions of 13.8% in Australia, take-home pay for someone earning A$79,800 would be roughly A$68,787/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

53.2
COLI Index
0.78x
vs City Avg
A$1,995
Est. 1BR Rent
#23
of 24 Areas
13.8%
Total Deductions

Tax & Deductions in Footscray

Estimated annual deductions on a A$56,695 salary in Footscray, Melbourne (local employee).

Income Tax
14%
Total Deductions: 13.8%
Est. Take-Home: A$48,899/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Footscray would need to be elsewhere:

City Currency Equivalent
New York USD $39,900
London GBP £34,337
Dubai AED AED 199,651

Other Neighborhoods in Melbourne

Neighborhood COLI Multiplier vs Avg
Toorak 88.7 1.30x +30%
South Yarra 83.2 1.22x +22%
Brighton 83.2 1.22x +22%
CBD 81.8 1.20x +20%
Albert Park 78.4 1.15x +15%

View all 24 neighborhoods in Melbourne →

Convert Your Salary

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Compare Footscray

Footscray vs Box Hill Footscray vs Sunshine

Melbourne City Comparisons

Sydney vs Melbourne

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Footscray:

Cenisio, Milan Windsor Park, Austin Richardson, Dallas Flower Mound, Dallas Minoh, Osaka Yodogawa, Osaka

Frequently Asked Questions

Is Footscray expensive in Melbourne?

Footscray is one of the more affordable neighborhoods in Melbourne. It costs about -22% less than the city average, ranking #23 out of 24 neighborhoods.

How does Footscray compare to the Melbourne average?

The cost of living in Footscray is well below the Melbourne average. With a multiplier of 0.78x, everyday expenses including rent, food, and transportation are -22% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include Australian Bureau of Statistics · Australian Taxation Office · OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.