€Salary by Country

πŸ‡¦πŸ‡Ί Australia vs United States πŸ‡ΊπŸ‡Έ

Compare income tax, social contributions, VAT and take-home pay between Australia and United States.

MetricπŸ‡¦πŸ‡Ί AustraliaπŸ‡ΊπŸ‡Έ United States
Top income tax rate45%37%
Social contributions2%7.7%
Standard VAT10%β€”
Take-home pay (typical salary)85.5%84.9%
Public holidays75
Average monthly salaryA$8,888$5,174
Minimum wage (monthly)A$4,108$1,254
Standard work week38 h/week40 h/week

In a typical comparison, Australia has a top income tax rate of 45% and keeps about 85.5% of salary as take-home pay, while United States has 37% and keeps 84.9%. The average monthly salary is about A$8,888 in Australia and $5,174 in United States.

Advertisement