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Is $60,000.00 a Good Salary in Darwin at 25?

See how a $60,000.00 salary stacks up in Darwin, NT at age 25 — after-tax income, rent affordability, housing outlook, and savings potential.

Last verified: 1 July 2025

Verdict: Challenging

This salary is significantly below the city average. You may face financial stress without careful budgeting or shared living arrangements.

vs Darwin average: -37% ($95,000.00)
vs age 25-34 average: -17% ($72,000.00)

After-Tax Income on $60,000.00

Annual

$50,012.00

Monthly

$4,167.67

Fortnightly

$1,923.54

Weekly

$961.77

Gross salary$60,000.00
Income tax + Medicare levy-$9,988.00
Take home pay$50,012.00
Effective tax rate16.6%

Rent Affordability in Darwin

Monthly Take-Home

$4,167.67

Avg 1BR Rent

$2,000.00/mo

Rent-to-income ratio48%

Well above 30% — rent will put significant pressure on your finances.

After rent, you'd have approximately $2,167.67/month for other expenses and savings.

How $60,000.00 Compares at Age 25

Age GroupAvg SalaryYour SalaryDifference
20-24$45,000.00$60,000.00+33%
25-34 (you)$72,000.00$60,000.00-17%
35-44$85,000.00$60,000.00-29%
45-54$82,000.00$60,000.00-27%
55-64$68,000.00$60,000.00-12%

Can You Afford a House in Darwin?

Median House Price

$550,000.00

Price-to-Income

9.2x

20% Deposit

$110,000.00

Housing affordabilityDifficult

Difficult — the median house price is very high relative to this salary.

Saving 20% of your after-tax income ($10,002.40/year), it would take approximately 11 years to save a 20% deposit.

Savings Potential in Darwin

Monthly take-home$4,167.67
Rent (1BR average)-$2,000.00
Groceries-$580.00
Transport-$150.00
Utilities-$260.00
Estimated monthly savings$1,177.67
Estimated annual savings$14,132.00

* Estimates based on average costs for a single person in Darwin. Actual expenses vary based on lifestyle, location within the city, and personal choices. Does not include discretionary spending (entertainment, dining out, clothing, etc.).

Darwin Cost of Living Snapshot

COL Index

88

Sydney = 100

Avg Salary

$95,000.00

Median House

$0.55M

State

NT

$60,000.00 at 25 in Other Cities

Other Salaries in Darwin at 25

$60,000.00 in Darwin at Other Ages

Frequently Asked Questions

Is $60,000.00 a good salary in Darwin?

$60,000.00 is below the average salary in Darwin ($95,000.00). You'd take home $4,167.67 per month after tax. With average rents at $2,000.00/month, budgeting carefully will be important.

What is the average salary in Darwin in 2026?

The average salary in Darwin is approximately $95,000.00 per year before tax. This varies by industry, experience level, and role. The cost of living index for Darwin is 88 (Sydney = 100).

Can I afford a house in Darwin on $60,000.00?

The median house price in Darwin is $550,000.00, which is 9.2x your annual salary. Difficult — the median house price is very high relative to this salary. A 20% deposit would be $110,000.00, which would take approximately 11 years saving 20% of your after-tax income.

How much is $60,000.00 after tax in Australia?

On a $60,000.00 salary, you'd pay approximately $9,988.00 in income tax and Medicare levy (effective rate: 16.6%). Your take-home pay would be $50,012.00 per year, $4,167.67 per month, or $1,923.54 per fortnight.

What is the average salary for a 25 year old in Australia?

The average salary for the 25-34 age group in Australia is approximately $72,000.00 per year. At $60,000.00, you're earning 17% less than the average for your age bracket.

General information and estimates only — not financial, tax, or legal advice. Always verify with a licensed adviser or the ATO.