Australia continues to be a popular study destination due to its academic reputation, cutting-edge research, high-quality lifestyle, and robust economy. However, it is essential to understand the costs involved before deciding to study there.

Living expenses in Australia are heavily dependent on lifestyle preferences and choices. Monthly, the average cost of living for international students ranges from $1400 to $2500, including food, travel, social activities, and other accommodations. Brisbane, Sydney, and Canberra are some of the most expensive cities in Australia.

Learn more below, and to have any further questions answered about the cost of living in Australia as an international student, contact StudyIn for a free consultation today.

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Australia Living Expenses for Students: Public Vs Private Universities

Australia is a mix of private and public universities, having distinct fee structures. The government funds public universities and offers low tuition fees. Private universities in Australia provide specialised courses and programs with smaller classrooms and unique academic experiences.

Overall, the total living costs in Australia for international students depend on the choice of institution and course of study. Here is a breakdown of living costs in Australia (based on the university type).

Australian Public Universities

University Average Living Expenses (Annually)
University of Melbourne $20,290 – $31,870
Monash University $30,000 – $45,000
University of Sydney $26,000 – $44,500
Australian National University $26,000 – $42,560
University of Queensland $24,000 – $73,204

Australian Private Universities

University Average Living Expenses (Annually)
University of Notre Dame $20,000 – $25,000
Bond University $43,200- $64,872
Kenvale College $26,000

Tuition Fees in Australia

The average yearly fees in Australia can vary depending on the courses (bachelor’s/master’s or PhD). For example, a bachelor’s degree fee can range from $9,000 to $50,000, and a master’s degree fee can range from $9,000 to $54,000.

University Annual Fees (average)
Australian National University $46,000 to $48,000
University of Melbourne $45,000 to $47,000
University of Sydney $50,000 to $54,000
University of New South Wales $7,000 to $11,000
University of Queensland $2,900 to $3,500/ credit
Monash University $37,000 to $45,000
University of Western Australia $9,000
University of Adelaide $45,000 to $48,000
University of Technology Sydney $1,256 per credit
University of Wollongong $14,000/semester – $16,000/ Semester

International students can apply for education loans from nationalised banks, private banks, and non-bank financial companies to manage their costs better.

Student Accommodation Cost

Most Australian universities offer on-campus residence facilities. However, one can also apply for off-campus residence facilities to share with other students or stay alone with a local Australian family. The rent is paid every two weeks in advance. However, the rentals can vary from city to city.

According to the Australian Government website, here is a breakdown of the weekly costs of the accommodation options.

Accommodation Type Cost per week
Hostels and Guesthouses $90 to $150
Shared rental $95 to $215
On campus $110 to $280
Homestay $235 to $325
Rental $185 to $440

Average Cost of Living per City

Besides the average cost of living, location also plays a vital role in stay options. For example, living expenses in Sydney are higher for international students than in Canberra or the Gold Coast.

City Average Cost of Living
Melbourne $24,500
Brisbane $25,600
Canberra $22,400
Gold Coast $20,600
Adelaide $24,500
Perth $25,700

Cost of Attendance in Australia

The cost of attendance in Australia involves your pre-arrival expenses and cost of living. The pre-arrival fees will come out to approximately $3,000, which includes your airfare, standardised exam charges, college application fees, and visa charges.

On the other hand, the cost of living depends on factors such as accommodation, commuting options, food, etc. Students can plan for short-term accommodations to minimise their living expenses.

Living Expenses

Australia’s annual student cost of living will come to around $35,000, which covers food, transport, grocery, accommodation, and other minimal expenses. Here is a breakdown of the living costs in Australia for students –

Factors Average cost per month
Accommodation $297-$743
Food and Groceries $208 -$416
Transportation $44 – $89
Household Bills $20- $50
Shopping $223

Australian Student Visa Cost

Students must also account for the Australian student visa, which costs around AUD 630, and health insurance, which can range from AUD 609 to AUD 3,438 per year. Students need to show proof of sufficient funds, typically around AUD 21,041 annually.

Other Expenses

Health Insurance $609 – $3438
Sufficient Fund Proof $20,290/ yearly
Application Fee Payment $133

Study in Australia

International students can expect a well-rounded experience in Australia, but understanding the financial commitment is crucial. For more detailed information or personalised advice, arrange a free consultation with StudyIn today.

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FAQs

What is the cost of living in Australia for students?

The average annual cost of living for international students in Australia ranges between AUD 30,000 and AUD 36,000, depending on the city and lifestyle. This includes accommodation, food, transport, and other expenses. Sydney and Melbourne are generally more expensive than cities like Adelaide and Perth.

What is the cost of Overseas Student Health Coverage (OSHC)?

The cost of OSHC varies based on the type of coverage:

  • For singles: the minimum cost is around AUD 500 annually.
  • For couples: it can cost approximately AUD 2,600 annually.
  • For families: it can go up to AUD 4,200 annually. These figures can change depending on the insurance provider and coverage level.

What is the average tuition fee for studying in Australia?

The tuition fees depend on the university, course, and duration:

  • Bachelor’s degree: AUD 20,000 to AUD 50,000 per year.
  • Master’s degree: AUD 22,000 to AUD 54,000 per year. Tuition can be higher for specialised degrees like medicine or engineering.

Does the cost of studying UG and PG in Australia vary?

Yes, the cost varies due to the course type, duration, and whether scholarships are applied. Generally, postgraduate courses tend to be more expensive than undergraduate ones, and the number of credit completions also plays a role. Scholarships or financial aid can significantly reduce the overall cost.