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Convert rent between payment periods and compare it with your household income.
Choose your state or territory to see the method used. Results calculate immediately from your entries.
Add the gross income of household members whose income you are comparing with the rent.
Enter a rent amount to see all five periods. Add income for the affordability indicator.
Daily rent equals the entered amount divided by the days in its payment period. Weekly rent is seven times the daily rate, fortnightly rent is fourteen times and a calendar-month comparison is the daily rate multiplied by the selected year length and divided by twelve. Full precision is used until the final display, which rounds to cents.
A monthly amount is an annualised comparison, not the charge for a particular February or a replacement for the rent stated in your agreement. Read the rent affordability guide for budgeting context.
Victoria publishes a 365-day calculator convention. SA CBS specifies 365 or 366 days for calendar-month rent. The ACT guide publishes a worked monthly example consistent with a daily conversion. For the others, the linked tenancy guidance describes the agreement and payment period but does not specify a universal conversion formula; this tool uses 365 days as a comparison convention, not a legal requirement.
This calculator is not intended to be relied on for the purposes of making a decision in relation to a financial product. Before you make a financial decision, consider obtaining advice from someone who holds an Australian Financial Services Licence. We do not, and we cannot advise you.
The calculator converts one rent amount to comparable daily, weekly, fortnightly, calendar-month and annual amounts. It does not change the rent stated in your agreement.
The income result compares annual rent with gross household income. It is a screening indicator, not a personal affordability decision or a formal finding of rental stress.
Divide the weekly amount by seven to get a daily rate, multiply by the applicable days in a year, then divide by 12. A calendar month is longer than four weeks on average.
Four weeks is only 28 days. Calendar months vary in length and a year has twelve of them. This calculator uses a daily annualised comparison instead.
South Australian Consumer and Business Services specifies 366 days for a leap year. Consumer Affairs Victoria's calculator explicitly uses 365 days even in leap years. For other jurisdictions this tool uses a stated 365-day comparison convention.
Not necessarily. The conversion is a period comparison. Your agreement controls the amount and due date. Ask the landlord or agent to explain any different calendar-month amount in the agreement.
It compares annual rent with annual gross household income. The 30% line is an indicator, not an individual affordability limit. The ABS's 30/40 measure looks at lower-income households, the bottom 40% when households are ranked by equivalised disposable household income, whose housing costs are more than 30% of gross household income.
No. It compares rent alone. Make a separate allowance for eligible utilities, moving costs and any costs your agreement makes your responsibility.
No. Services Australia assesses Rent Assistance under payment, accommodation and rent conditions. Check your circumstances with Services Australia; this calculator does not estimate that payment.
Estimates only. Not financial or tax advice. Full disclaimer for your rights and our limitations of liability.
This calculator exists to show you the arithmetic. It applies published Australian rates, thresholds and formulas to the numbers you enter and shows the working, so you can check it. That is all it does — it produces a number and describes what the number is. It does not recommend anything and it holds no opinion about any financial product.
What can move this result
This calculator is not intended to be relied on for the purposes of making a decision in relation to a financial product. Before you make a financial decision, consider obtaining advice from someone who holds an Australian Financial Services Licence. We do not, and we cannot advise you.