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High housing costs force most Australians to earn over $150,000 to afford living in major cities, despite median incomes falling short.
Rising housing costs and inflation are redefining what Americans see as a "good" salary, with experts estimating a family of four needs $198,000 annually to live comfortably—far above current median incomes.
In Australia, median weekly earnings reached $1,741 by August 2025, or $90,532 yearly, yet half of workers earn less than $74,100, and only 10% earn $156,000 or more.
In major cities like Melbourne and Sydney, housing is unaffordable for most, requiring incomes over $150,000 and $200,000 respectively just to cover rent, with mortgage payments exceeding $5,000 monthly in Melbourne and nearly $8,000 in Sydney.
Despite modest wage growth, many middle-income earners feel financially strained as housing consumes up to half their income, widening the gap between income levels and actual living costs.
Los altos costos de la vivienda obligan a la mayoría de los australianos a ganar más de 150.000 dólares para permitirse vivir en las grandes ciudades, a pesar de que los ingresos medios están por debajo.