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Balconies

Cost of Living

Living costs in Australia 

Knowing the average living costs in Australia is an important part of your financial preparation. For your reference, here are some of the costs associated with living and studying in Australia. (All costs are in Australian dollars.) 

 

Accommodation and Living Expenses 

The funds required for an international single student living in Australia depends on the city they choose to live in. The cost of living in Sydney will also vary according to your lifestyle. For example, eating out at restaurants all the time will increase your living costs a lot, as will driving a car (you will have to pay for petrol, registration, maintenance, and insurance, as well as the car itself). To find out more about the estimated cost of living, please visit studyaustralia.gov.au to use the Cost of Living Calculator created by the government. Remember that your cost of living in Sydney will vary according to your lifestyle. For example, eating out at restaurants all the time will increase your living costs a lot, as will driving a car (you will have to pay for petrol, registration, maintenance and insurance, as well as the car itself). 

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Suggested weekly budget (Remember figures are in Australia dollars and accurate as of May 2024): 

  • Accommodation $100 - $215 (for a room in a shared house or apartment) 

  • Gas, electricity $10 to $20 per week  

  • Phone and internet $15 to $30 a week  

  • Food and eating out $140 to $280 a week 

  • Public transport A$30 to A$60 a week (for more information please visit Sydney Transport www.transportnsw.info)  

For more information, please visit Study in Australia https://www.studyinaustralia.gov.au/English/Live-in-Australia/living-costs 

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Minimum cost of living 

The Department of Home Affairs (DHA) has financial requirements you must meet in order to receive a student visa. Below is a guide on the requirements you must meet to study in Australia – Australian Dollars (AUD): 

  • You – the student or your guardian - $29,710   

  • Your partner – $10,394 

  • Your child - $4,449   

  • The cost of education for a dependent child is an additional cost to people on a student visa. You need to consider this in your expenses before you come to Australia.  

For further information, please refer to the Cost of Living Calculator here: https://costofliving.studyaustralia.gov.au/ .   

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