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What Salary Do You Need to Live in Footscray, Melbourne?

Based on 2026 cost of living data, here's how much you need to earn (before tax) in Footscray, Melbourne, Australia — from bare minimum to living well.

Get By
A$42,592
Covers rent & essentials. No savings, tight budget.
Comfortable
A$97,381
50/30/20 rule. Savings, dining out, some travel.
Live Well
A$125,016
Premium lifestyle with strong savings & flexibility.

Monthly Cost Breakdown

Rent (1BR)A$1,995/mo
Groceries + Utilities + Transport + HealthcareA$1,229/mo
Total essentialsA$3,224/mo
Effective tax + deductions rate20.5%

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How We Calculate This

We start with actual monthly costs in Footscray, Melbourne: rent for a 1-bedroom apartment, groceries, utilities, transport, and healthcare. For the "comfortable" tier, we apply the 50/30/20 rule — your essentials should be 50% of take-home pay, leaving 30% for wants and 20% for savings.

We then reverse-calculate the gross (pre-tax) salary you'd need, using Australia's progressive tax brackets and mandatory deductions. All figures are in AUD for 2026.

Frequently Asked Questions

What salary do you need to live in Footscray, Melbourne?

To live comfortably in Footscray, Melbourne in 2026, you need a gross annual salary of approximately A$97,381. This covers rent, groceries, utilities, transport, healthcare, and leaves 30% for wants and 20% for savings (50/30/20 rule). The minimum to get by is A$42,592.

What is the cost of living in Footscray, Melbourne?

Monthly rent for a 1-bedroom apartment in Footscray, Melbourne is approximately A$1,995. Essential monthly expenses (groceries, utilities, transport, healthcare) add roughly A$1,229. The effective tax rate is 20.5%.

Is A$42,592 enough to live in Footscray, Melbourne?

A$42,592 is the bare minimum salary to get by in Footscray, Melbourne — it covers rent and essential expenses with very little left over. For a comfortable lifestyle with savings, you'd want at least A$97,381.

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Data Sources: Cost of living data from Numbeo · Expatistan. Rent from Numbeo Property Prices. Tax rates from OECD Taxing Wages · Australian Bureau of Statistics · Australian Taxation Office. Salary data from BLS · Glassdoor. Exchange rates from the ECB. Updated 2026-02-28. All figures are estimates.