Aussies reveal their opinion on a "good" salary

A financial content creator has asked everyday Aussies to share their thoughts on what they consider to be a "good" salary in 2024. 

Hannah took to TikTok and posed the question, “What is a number that if you slapped it on your salary you would be like ‘I am happy with this, I don’t mind if it never goes up again. This is a good salary’?”

“Because I think everybody’s opinion is different in this, I know mine certainly was. Somebody told me the other day that their good salary was $270,000, I would say that is extreme for me, but that’s just my personal opinion.”

Her question sparked an influx of comments with many varying responses, with people's answers ranging from $80,000 up to a whopping $500,000 as a good salary for Aussies in 2024.

One commenter said they would be “happy” with $80,000 to $90,000, while another agreed they would be “comfortable” with $80,000 but would consider $120,000 a “good” salary.

Many others said that they would be happy in the $110,000 to $130,000 range, but there were conditions, such as not having to manage people and not having any HECS debt.

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“I’m currently on $110k-$120k and honestly I struggle to have any fun money while having savings, good super and investments which is why I want more! So my preference would be $250k,” one person said.

Some said their answer depended on whether or not children were in the mix, as one person said their “ideal amount” would be $180,000, but that increased to $220,000 with kids.

According to the latest figures from the Australian Bureau of Statics, the average yearly salary - calculated by dividing total earnings by the total number of people - has now hit $103,812.

The median salary - or the “middle” earnings figure - for full time workers is $88,920.

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