Melbourne's original hipster hub — street art, rooftop bars, and Brunswick Street's legendary nightlife.
Comfortable
Want to track your real spending and build financial confidence?
Download Richify — It's FreeMelbourne's original hipster hub — street art, rooftop bars, and Brunswick Street's legendary nightlife. If you're weighing a move to Fitzroy, the numbers matter more than the vibes. The median weekly rent here is $580, which annualises to roughly $30,160 per year. Using the 30% rent-to-income guideline, you'd want an annual gross salary around $101,000 to live in Fitzroy without housing eating your paycheck.
Day-to-day costs in Fitzroy are expensive for entertainment and slightly above-average the national average for groceries. A monthly public transport pass runs about $165, and a flat white at a local café costs roughly $5.50 — which adds up to $2,008 per year if you're on a one-a-day habit.
Rough monthly budget for a single renter on a median-income job, before lifestyle upgrades:
Numbers are indicative only and exclude tax. Use the interactive calculator above to plug in your own salary and lifestyle.
How much do you need to earn to live comfortably in Fitzroy?
Using the standard 30% rent-to-income rule, a comfortable gross income for Fitzroy is around $101,000 per year. At this salary, median rent of $580/wk takes up less than a third of your take-home pay, leaving room for savings, transport, and everything else Melbourne throws at you.
Is Fitzroy more expensive than the rest of Melbourne?
Groceries in Fitzroy track slightly above-average the national average (index 1.12), and the entertainment scene is expensive (index 1.30). Median weekly rent of $580 places it within the Melbourne market — use the calculator to compare specific neighbourhoods head-to-head.
What's the average annual rent cost in Fitzroy?
At a median weekly rent of $580, annual rent in Fitzroy works out to approximately $30,160 per year for a typical unit. Actual costs vary significantly by property size, condition, and proximity to transport.