Cost of Living in Australia for Students: How Much Do You Need Per Month?

Australia is a popular study-abroad destination for international students, offering world-class education with career opportunities. More than 600,000 international students go to Australia for their education every year. However, the living expenses are high, as the cost of living in Australia is around AUD $1,720 to $3,080 (approx. ₹1.17 to ₹2.09 lakh) per month, excluding tuition fees. Various cities like Sydney and Canberra often exceed the national average in terms of living expenses. According to the Department of Home Affairs, Australia, the minimum proof of funds that you are required to demonstrate is AUD $2,475/month or AUD $29,710/year. This expense is also crucial for the calculation of the total cost of living in Australia. 

That’s why students should prepare a budget before moving to Australia. 

This article covers the cost of living in Australia for students, monthly expenses, affordable cities, factors influencing the cost of living, and useful budgeting tips.   

The Monthly Average Cost of Living in Australia for International Students

The average cost of living in Australia for international students ranges from AUD $1,720 to $3,080 for international students, excluding tuition fees. The monthly expenses vary from one student to another. 

The table below gives an estimated breakdown of monthly living expenses.

Note: The prices mentioned are indicative and subject to change. Total cost also depends on individual preferences and choices.

Factors that Affect the Cost of Living in Australia

The living expenses in Australia for students are affected by several factors, such as housing, transportation, food, and personal expenses. These costs can vary from one student to another depending on their lifestyle and choice of accommodation. Therefore, students should consider these factors and plan their budget accordingly.

The following factors can affect living expenses in Australia for international students.

1. Accommodation 

The accommodation costs depend on the city and its location. It takes up a huge portion of living expenses in Australia for students. For example, houses in the central area of Sydney are more expensive than outside the city centre. Accommodation is one of the largest expenses for international students, which is why students must compare the housing options and their location before making a decision.

Note: The prices mentioned are indicative and subject to change. Total cost also depends on individual preferences and choices.

2. Utilities

Utilities are basic household services that include water, gas, internet, electricity, and garbage pickup. They can be included in the rent or charged separately. The estimated monthly expenses range from AUD $210 to $360.

On-campus dorms and homestays generally don’t charge utilities separately, as they are included in the rent, but private apartments have a separate charge. The cost of utilities varies based on the services, location, and rental agreement. 

For students living in shared apartments, the utility bill can be split among the roommates. This can reduce the student’s monthly expenses. Before choosing the accommodation, make sure to check which utilities are included in the rental agreement and which require paying a separate bill.

Note: The prices mentioned are indicative and subject to change. Total cost also depends on individual preferences and choices.

3. Food and Groceries

Food and groceries form a major share of living expenses in Australia. The cost varies depending on how often you cook, the type of food you buy, and how frequently you dine out. According to the Australian Bureau of Statistics data, dining out or takeaway prices increased by 4.5% in the year to July 2026. Students can reduce food expenses by dining out less frequently and going for home-cooked meals.

Note: The prices mentioned are indicative and subject to change. Total cost also depends on individual preferences and choices. 

4. Transportation

Transportation is an important part of a student’s life, as it requires travelling to and from their university. Transportation costs depend on the city, location, and mode of transport. On average, international students spend from AUD $100 to $200 per month.

Some Australian states and territories, such as Queensland and Victoria, offer student concessions or discounts to eligible international students. 

Queensland’s transportation fare is 50 cents per trip for all passengers, including international students.

Eligible international students in Victoria can purchase an International Student Travel Pass and save 50% on public transport.

Note: The prices mentioned are indicative and subject to change. Total cost also depends on individual preferences and choices.

Additional and One-Time Costs for Studying in Australia 

Apart from regular expenses, students should budget for additional and one-time expenses, which include visa fees, flight tickets, security deposits, and initial setup costs. Students should plan their additional and one-time budget along with monthly expenses.

The table below provides an estimated breakdown of additional and one-time expenses. 

Note: The prices mentioned are indicative and subject to change. Total cost also depends on individual preferences and choices.

Health Insurance and Medical Expenses

International students studying in Australia must take Overseas Student Health Cover (OSHC), a mandatory health insurance policy. The OSHC covers medical services, healthcare, pharmaceuticals, and emergency services, with an option to add dental, optical, and physiotherapy at an additional cost. 

You must purchase OSHC from an authorised healthcare provider. Listed below are some of the approved OSHC providers in Australia:

Note: The prices mentioned are indicative and subject to change. Total cost also depends on individual preferences and choices.

Student Visa: Subclass 500 

The Student Visa (Subclass 500) allows international students to study full-time in Australia. To apply for this visa, you need to enrol in a registered course and meet the visa requirements. Since the student visa charges application fees, this should be included in the overall study-abroad budget. For more information about the application process, eligibility, and requirements, read our guide on Australia Student Visa: Application Process & Requirements 

Cost of Living in Major Australian Cities

The cost of living is largely influenced by where the student lives. Cities like Sydney and Melbourne have a higher cost of living, while Perth and Brisbane are relatively more affordable.

The table below shows all major cities in Australia. Compare the cities and see which one fits your budget. 

Note: The prices mentioned are indicative and subject to change. Total cost also depends on individual preferences and choices.

Affordable Cities in Australia: Why Consider Them?

Choosing an affordable city can help students manage their overall study-abroad budget. Cities such as Darwin, Perth, Brisbane, Gold Coast, and Adelaide are considered more affordable and student-friendly options in Australia. 

Note: The prices mentioned are indicative and subject to change. Total cost also depends on individual preferences and choices.

 

Tips to Manage Living Expenses as an International Student 

As a student, keeping track of your budget is crucial. Your expenses depend on your day-to-day choices, and there are many ways to manage them. Here are some tips to help you save on expenses and manage your budget. 

1. Use Student Discounts and Campus Resources

International students have the advantage of getting basic discounts. They can apply for an ISIC (International Student Identity Card) to get discounts on food and dining, sports, shopping, travel, and entertainment.

Universities have many resources such as libraries, gyms, transportation, and software subscriptions. Utilising the provided resources instead of buying a separate subscription or membership can save a lot of money.

2. Compare the Total Housing Cost

Accommodations with low rent don’t mean you won’t spend more on other things. Including other expenses such as utilities, security deposit, and transportation will show you the total cost of your accommodation. 

3. Opt for Shared Apartments 

Shared apartments are a cost-effective option for students. You don’t need to pay the full amount for rent and utilities because they will be split among your roommates. 

4. Apply for Part-Time Jobs

Students can earn income through part-time jobs that will help cover their living expenses. Jobs in hospitality and retail are good options as they have decent pay for part-timers in Australia. However, part-time jobs cannot work as a primary source of funding for your study abroad journey.

5. Save on Study Materials 

Textbooks and study materials are necessary for students, but they can be expensive. To reduce these expenses, students can buy second-hand or rented books. 

How to Fund Your Cost of Living in Australia

Managing the cost of living in Australia as a student can be challenging, but planning your finances is a smart move. There are funding options like scholarships and education loans that help you manage your finances. 

Planning to study in Australia and looking for an education loan? WeMakeScholars helps you explore education loan options from multiple lenders and find suitable financing options for your study-abroad plans. 

Conclusion

The cost of living in Australia for international students depends largely on housing, food, travel, personal, and lifestyle expenses. Students should estimate their monthly budget and choose the right location before pursuing their education in Australia.