Average Salary in Perth 2022 - The Complete Guide (2023)

FAQs

What is the average salary in Perth WA? ›

Western Australia

Western Australia's average weekly earnings increased by 1.8% over the six months to November 2019, to stand at $1,335. In annual average terms, average weekly earnings rose by 1.0%.

According to the Bureau of Labor Statistics (BLS), the median wage for workers in the United States in the second quarter of 2022 was about $1,041 per week or $54,132 per year (assuming 52 weeks of work per year). Wages were 5.2% higher than a year earlier.

A person working in Perth typically earns around 102,000 AUD per year. Salaries range from 25,800 AUD (lowest average) to 455,000 AUD (highest average, actual maximum salary is higher). This is the average yearly salary including housing, transport, and other benefits.

Salary between AUD$90,000 – AUD$108,000 annually or AUD$7,500 – AUD$9,000 monthly is considered a good salary in Australia.

Average Salary in Australia (2022)

The average weekly earnings for all employees in Australia is AU$1,305 (or AU$67,860 per year), according to the latest figures from the Australian Bureau of Statistics (August 2021). The average weekly earnings for full-time workers is AU$1,737 (seasonally adjusted).

When you arrive to settle in, you should have access to at least A$3,300 and spend a minimum of $475 per week (single) or $825 (family of four) a week to cover the cost of living in Perth.

Whilst earning $70,000 a year puts you well above the national average median salary of $53,490, whether it's a good salary or not will depend on your lifestyle choices, your debt, and your expectations. Earning 70k a year is considered middle class income in America.

How much does a Highest make? As of Sep 24, 2022, the average monthly pay for a Highest in the United States is $9,182 a month.

The median household income in the US is about $65,000, per the most recent Census Bureau data. To be considered “rich,” a household needs to earn twice that, or a minimum salary of $130,545. But you also need to be in the top 20% of earners to be considered rich — and that looks a little different in each city.

So a taxpayer with an income of $80,000 a year is therefore in the top 20 per cent of Australians.

Is 60k a good salary in Australia? ›

It's true that many families make $60,000 or even less and this works for them. It's also true that other families struggle to make ends meet at this income level. Realistically speaking, $60,000 is not enough to support a family of four in Sydney, Melbourne, or another expensive city.

$100,000/year is above an average salary and if you're frugal enough, on $100,000/year, you should be able to live a good life and save some money too. Usually if you consider living in desirable locations of cities like Melbourne and Sydney, most of your income will be consumed in the house rents.

"A small percentage of high-income earners make average income statistics look impressive, but the reality is that the typical middle-class Australian is actually earning a $50,000 salary," Ms Browne said.

Someone earning $200,000 a year would be among the top 3.5 per cent of Australians who fall into the top tax bracket which cuts in at $180,000 a year. Mr Derbas suggested in the video that singles living in the Harbour City would do incredibly well on the same salary.

Officially, the average wage is $75,000 a year, but that is skewed by a small number of very high income earners. In reality, around 70 per cent of tax payers actually earn less than the average wage. If pensioners are included in this count, four out of five Australians earn less than the average.

Most high-income earners believe income of $454,000 makes an upper class household, while middle earners believe $280,000 is enough to be counted as upper class.

The average Australian would need to earn a salary of $326,900 per year to feel rich – nearly seven times the median wage, according to research released earlier this year. But one in four Aussies wouldn't consider themselves rich until they raked in a whopping $500,000.

Median price snapshot

Median property prices over the last year range from $890,000 for houses to $440,000 for units. If you are looking for an investment property, consider houses in Perth rent out for $592 PW with an annual rental yield of 3.6% and units rent for $475 PW with a rental yield of 5.8%.

How much does a meal cost in Perth? ›

While meal prices in Perth can vary, the average cost of food in Perth is AU$44 per day. Based on the spending habits of previous travelers, when dining out an average meal in Perth should cost around AU$18 per person. Breakfast prices are usually a little cheaper than lunch or dinner.

The 50% rule

Some experts believe that spending 50% of your salary on a vehicle should be affordable. With a salary of $75k this would give you $35,000 to spend on a car which is enough for a brand new car.

Personal finance experts recommend spending between 25% and 33% of your gross monthly income on housing. Someone who earns $70,000 a year will make about $5,800 a month before taxes.

What percentage of Americans makes over 100k? About 30.7% of households earned over $100,000 in 2020. In 2019, around 15.5% of Americans earned between $100,000 and $149,999; about 8.3% of the population earned between $150,000 and $199,999; and about 10.3% of the population earned over $200,000.

There's no denying that earning $100k a year is a very good salary, but it's what you do with it that counts. Salaries that are above $80,000 are considered middle class in the USA. The median household gross income for 2021 in America was $53,490 per year.

Whether you've been offered a job paying 75,000 a year, or you're trying to budget effectively on your $75k annual salary, there are many factors to consider. In short, an income level of $75k is well above the national average salary of $53,490 in the USA.

How to Tell if Someone is Rich - YouTube

Here's the net worth each generation says you need to be considered wealthy in 2021: Millennials (ages 24 to 39): $1.4 million. Gen X (ages 40 to 55): $1.9 million. Baby boomers (ages 56 to 74): $2.5 million.

Is $45 an hour good Australia? ›

Economist Tony Alexander​ said wages had always been higher in Australia because of a greater level of capital investment by businesses, resulting in higher productivity.

If you make $80,000 a year living in Australia, you will be taxed $18,067. That means that your net pay will be $61,933 per year, or $5,161 per month. Your average tax rate is 22.6% and your marginal tax rate is 34.5%.

Want to plan your living expenses in Australia? We'll help you. There is no “one size fits all” plan for all but it is understood that an individual may need approximately $20,000 each year and an average family needs more than $50,000 a year to get by in Australia.

If you make $60,000 a year living in Australia, you will be taxed $11,167. That means that your net pay will be $48,833 per year, or $4,069 per month. Your average tax rate is 18.6% and your marginal tax rate is 34.5%.

Average Weekly Earnings, Australia

Estimates for average weekly ordinary time earnings for full-time adults (seasonally adjusted): Increased by 1.9% to $1,769.80 annually to May 2022. For males were $2,075.30 (public), and $1,835.60 (private).

Income is heavily concentrated at the top: average income in the highest 5% (at $6,063) is more than one-and-a-half times the average of the highest 20%, and the average of the top 1% (at $11,682) is almost three times that of the highest 20%.

Earning $200,000 per year is crucial because it helps you pay for your expenses and afford a comfortable lifestyle. To put it simply, earning $200k is a good salary in the modern world where people have student loans, car payments, and mortgages to cover. However, jobs that earn 200k are hard to find.

The average Australian has $40,000 in savings.

What is a low income in Australia? ›

If your taxable income is less than $126,000 and you are an Australian resident for tax purposes, you will get some or all of the LMITO. As announced in the 2022–23 federal Budget, the LMITO has been increased by $420 (referred to as the one-off $420 cost of living tax offset) for the 2021–22 income year.

Australian Poverty

In Australia, the poverty line (measured as 50% median income) is $457/week for a single adult. The Australian welfare system is not designed to match the poverty line, but in fact sits significantly below it. For instance: Youth Allowance is $168/Week below the poverty line.

Overall, less than 3 per cent of Australians feel wealthy despite the fact that more than 15 per cent of those surveyed earn more than $200,000 a year.

The average police officer salary in Australia is $75,858 per year or $38.90 per hour. Entry-level positions start at $65,517 per year, while most experienced workers make up to $94,241 per year.

With the median U.S. income being about $80,000 a year, a household of four earning between roughly $52,000 and $175,000 a year is considered middle class.

In Australia, a Living Wage is $25 per hour.

Every worker deserves a Living Wage.

If you make $70 per hour, your Yearly salary would be $136,500. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 37.5 hours a week. How much tax do I pay if I make $70 per hour?

But in WA, the average weekly pay for all workers is $1328, while for full-timers it soars to $1634 a week, just under $85,000 a year. In comparison, full-time workers in the next highest-earning region, the ACT, are paid $1494 a week, fuelled by generous public service salaries.

New South Wales is the most consistent performer in wealth and income, and the only other state to have both income and wealth about the national average (12% on income and 13% on wealth).

What is the average salary in Australia 2021? ›

The average salary of an individual in Australia for 2021 is projected to be around 99,596 AUD per year. Salaries can range from 33,000 AUD to 260,000 AUD in 2021. The average salary includes housing, transport and additional benefits. The median salary or the middle salary value is 72,000 AUD per year.

$100,000/year is above an average salary and if you're frugal enough, on $100,000/year, you should be able to live a good life and save some money too. Usually if you consider living in desirable locations of cities like Melbourne and Sydney, most of your income will be consumed in the house rents.

How much does a Full make in Australia? The average full salary in Australia is $77,438 per year or $39.71 per hour. Entry-level positions start at $58,935 per year, while most experienced workers make up to $130,000 per year.

The average Australian would need to earn over $300,000 a year to consider themselves as officially "rich", new research has found.

What are the poorest suburbs in Australia? The lowest-earning suburb in Australia is Gurley in New South Wales, according to the ATO's latest figures.

Top of the pack was Western Australia, where 55% of respondents reported a rise in household income over the past 12 months. Next up was New South Wales/ACT (47%), Queensland (45%), South Australia (43%) and Victoria (42%). (The Northern Territory and Tasmania were not included in the report.)

Northern Territory. Northern Territory is located in Australia's central northern region. It covers a total area of 548,640 square miles and has a population of 244,000. This is the least populated state in the country and one of the poorest.

So a taxpayer with an income of $80,000 a year is therefore in the top 20 per cent of Australians.

Is 60k a good salary in Australia for a single person? ›

Experience – For someone starting out in their career, $60k is a reasonable pay. People with only 1-5 years of professional experience typically have fewer expenses as well. Family size – If you're a single person, $60k a year will get you further than someone trying to support a family.

Salary Recap

The average pay for a Primary School Teacher is AUD 77,929 a year and AUD 37 an hour in Perth, Australia. The average salary range for a Primary School Teacher is between AUD 55,407 and AUD 94,216. On average, a Bachelor's Degree is the highest level of education for a Primary School Teacher.

When you are looking for the best-paid teaching jobs for your area of interest or specialized skill, then you may consider working as a professor in a college or university. A college professor prepares course material, teaches students in a classroom environment, and grades student work.

The average salary for a high school teacher is $80,262 per year in Western Australia.