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The Cost Of Living In Australia: How To Make It Work For You?

cost-of-living-in-Australia

594,027—that's the count of international students who studied in Australia in the year 2024!

That's a huge number, isn't it?

Australia is an international student's dream country. It is a popular study destination for international students, especially Nepalese students. Let's find out why:

As of 2018, seven out of the top 100 universities in the world are located in Australia. The country offers a great education system, stellar research programs, skilled faculty, beautiful beaches, and exceptional wildlife — on top of the amazing weather year-round.

Not just that, it also has a buzzing city life to enjoy and vibrant communities to be part of — so there's something here for everyone!

But, everything comes at a cost, and it is imperative for you to figure out all your expenses beforehand to ensure a smooth living experience.

In this blog, we will explore the various aspects of living expenses in Australia, including education costs, monthly expenses, and a brief comparison with other countries. 

How Much Does It Cost To Study In Australia?

When applying for a foreign college, the cost of study is an important factor to consider. For those planning to pursue their studies in Australia, this cost includes university application fees, tuition fees, registration charges and books and academic costs — as well as expenses related to accommodation and food. Additionally, Nepalese students should keep in mind that IELTS test fees plus any additional exam costs also need to be factored into the total sum, when budgeting for studying down under.

Studying in an Australian university can be costly, with the annual tuition fee amounting to the averages mentioned below: 

Level Of Study Average Yearly Cost (in AUD)
Undergraduate Bachelor Degree 20,000 to 45,000
Postgraduate Masters Degree 22,000 to 50,000
Doctoral Degree 18,000 to 42,000
Vocational Education and Training 4,000 to 22,000
English Language Studies Around 300 per week
School 7,800 to 30,000

Monthly Accommodation Expense In Australia:

As an international student, you need to think about more than just tuition fees when it comes to living in Australia. From homestay and lodging to rent and computing costs, there's plenty to factor. Below, we bring you the average accommodation charge in various Australian cities: 

*1 Australian Dollar = 92.60 Nepalese Rupee*

Type of Apartment Average Monthly Rent (in AUD)
1-Bedroom Apartment in the City Centre 1,665
1-Bedroom Apartment in the Suburbs 1,276
3-Bedroom Apartment in the City Centre 2,684
3-Bedroom Apartment in the Suburbs 1,888

Living in Australia can be an expensive affair. One particularly important factor affecting living expenses is where you choose to study. With all kinds of universities, colleges and institutes located across major cities in Australia, you are probably wondering how much money you'll need to survive there. Keep reading for a breakdown of the cost of living in some of Australia's most popular cities and towns! 

Melbourne:

Shared apartment rent AUD 970
Transportation AUD 160
Food AUD 340
Services (gym, parlors, etc.) AUD 110
Clothing AUD 30-100
Entertainment AUD 300

Sydney:

Shared apartment rent AUD 1130
Transportation AUD 55
Food AUD 320
Services AUD 100
Clothing AUD 30-100
Entertainment AUD 320

Depending on this calculation, here is the weekly spend of your money across various other Australian cities: 

City Cost
Adelaide 440
Melbourne 490
Sydney 560
Perth 450
Brisbane 490
Canberra 510
Hobart 430
Darwin 675

These costs have been calculated considering the bare minimum expenses an average student would indulge in, when studying in Australia.  

Cost Of Living In Australia vs. Other Countries:

When deciding to move abroad, it's important to research the expenses of living in different countries. To make your decision easier, here's a comparison of some of the top international study destinations with Australia on the cost of living. 

Country

Cost of Living Alone (USD)

Monthly Rent for 1BHK (USD)

Average Monthly Salary after Tax (USD)

Australia

$950

$1190

$4080

United States

$950

$1380

$3610

United Kingdom

$840

$1010

$2940

Canada

$920

$1100

$3680

We understand that studying abroad is a big move that comes with a lot of emotional and financial baggage. But, having an updated cost of living parameter makes it simpler to plan your study-abroad journey. Keep checking our blog space for more such informative and up-to-date content to aid you in studying abroad.

If you need more information, get in touch with our education experts and clarify your doubts right away! 

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