Nurse Practitioner vs Psychiatrist salary
In Australia, a psychiatrist earns about 92% more than a nurse practitioner — $431,650 vs $224,847 per year.
Showing amounts in USD (USD default; source data is AUD). FX as of Mon, 13 Jul 2026 00:02:31 +0000. Convert currencies
Healthcare
Nurse Practitioner$224,847/yr
- Monthly
- $18,737
- Hourly
- $108
- Range
- $164,124–$299,032
- 10-yr outlook
- +45%
Pays more
Healthcare
Psychiatrist$431,650/yr
- Monthly
- $35,948
- Hourly
- $207
- Range
- $295,701–$597,856
- 10-yr outlook
- +8%
Pay range, side by side
| Percentile | Nurse Practitioner | Psychiatrist |
|---|---|---|
| Entry (10th) | $164,124 | $295,701 |
| 25th | $194,520 | $363,641 |
| Median | $224,847 | $431,650 |
| 75th | $261,974 | $514,718 |
| Senior (90th) | $299,032 | $597,856 |
National Australia figures in AUD. Individual pay varies with experience, employer, and location.
More Healthcare comparisons
Frequently asked questions
- Does a nurse practitioner or psychiatrist earn more in Australia?
- A psychiatrist earns more, at about $622,000 per year vs $324,000 for a nurse practitioner — roughly 92% ($298,000) more.
- What is the salary range for these roles in Australia?
- A nurse practitioner typically earns $236,500–$430,900, while a psychiatrist earns $426,100–$861,500 per year.
- How much do these jobs pay per month in Australia?
- On a monthly basis before tax, a nurse practitioner averages about $27,000 and a psychiatrist about $51,800.
- How do entry-level salaries compare?
- At the 10th percentile in Australia, a nurse practitioner earns about $236,500 while a psychiatrist earns about $426,100 per year.
- How do senior-level salaries compare?
- At the 90th percentile in Australia, a nurse practitioner earns about $430,900 while a psychiatrist earns about $861,500 per year.
- Are nurse practitioner and psychiatrist similar careers?
- Both roles sit in the Healthcare category on Pay by Role, which is why we compare them head-to-head. Day-to-day work still differs — review each job page for skills and outlook.