Cost of Living in Australia for Students: A Complete Guide

An international student wants to know the cost of living expenses for a student in Melbourne Australia and searches for a calculator online.

 

If you are planning to live in Australia, then knowing the average living costs is essential for your financial preparation. The overall cost of living in Australia for students depends on several factors such as the individual lifestyle, the city you choose to live in, commuting and food habits, etc. Whereas, the monthly living costs can be determined by the following factors:

 

  • Insurance

  • House Rent

  • Transportation 

  • Groceries

  • Utilities

 

Considering all of the above-mentioned factors, the average cost of living in Australia is between AUD 35,000 and 40,000 per year. All in all, the cost of living in Australia is higher as compared to countries like the UK, Canada, and the US, but it is still one of the most preferred study destinations among international students

 

For reference purposes, below are some costs associated with studying and living in Australia. You should know that these costs may vary depending on the location you choose in Australia. 

 

 

Accommodation

 

Type of Accommodation Living Costs
Boarding Schools AUD 11,000 to 22,000 per year
Homestay AUD 235 to 325 per week
Rental AUD 165 to 440 per week
On-Campus AUD 90 to 280 per week
Shared Rental AUD 85 to 215 per week
Hostels and Guesthouses AUD 90 to 150 per week

 


Other Living Expenses

 

Car (after purchase)  AUD 150 to 260 per week
Eating Out and Groceries AUD 80 to 280 per week
Entertainment AUD 80 to 150 per week
Electricity and Gas AUD 35 to 140 per week
Internet and Phone AUD 20 to 55 per week
Public Transport AUD 15 to 55 per week

 

In Australia, out of all the other living costs, transport and housing costs greatly affect international students. These are the two major costs that vary around different territories and states in Australia. 

 

Now let’s discuss the average cost of public transport and housing in the Australian states and territories including New South Wales, Queensland, Victoria, Tasmania, South Australia, Western Australia, Northern Territory, and the Australian Capital Territory. These costs will help international students to plan their finances according to the location they choose.  

 

 

1. New South Wales

 

Housing 

The weekly rent of a shared house or flat in Sydney is between AUD 200 and AUD 300, and for the one-bedroom unit the rent is between AUD 400 and AUD 550. Whereas in the regional area of New South Wales, the weekly rent for a one-bedroom unit starts from AUD 250 to 350, and the cost for three-bedroom may range between AUD 300 and AUD 350. 

 

Public Transport

It’s very convenient to travel in Sydney as it provides various public transportation facilities like the monorail, buses, ferries, trains, and light rail. You should know that NSW doesn’t give concessions to full-time international students on transportation fares. But there’s an exception for international students with Australian Government scholarships

 

The transportation cost may range between AUD 40 and 58, and for the ones who have concession pass, the transportation fees for them is somewhere between AUD 20 and 30 weekly. In the regional NSW, there is limited access to public transportation, so it is suggested that you have a car. 

 

 

2. Queensland 

 

Housing

The weekly rental price of a one-bedroom unit in Brisbane, is around AUD 300 and for a three-bedroom apartment, the rental cost starts from AUD 350 per week. In the regional areas of Queensland, the rental price for a unit varies.

 

In the far north region of Queensland, a unit may cost you approximately AUD 240 per week, and in the Gold Coast area, the price of a unit starts from AUD 350 per week. 

 

Public Transport

In Queensland, all full-time students get a concession on transportation fares. For a single trip, the transportation fares with concession range in between AUD 2.00 and AUD 12.30, depending on which place you are visiting. You can use your electronic cards on ferries, trains, and buses all across south-east Queensland. 

 

 

3. Victoria

 

Housing

In Melbourne Australia cost of living in a one-bedroom unit is about AUD 300 and AUD 350 for a three-bedroom apartment. Whereas in the regional areas of Victoria, a unit costs you between AUD 190 and AUD 270 and a three-bedroom apartment ranges between AUD 250 to 320. 

 

Public Transport 

In Melbourne, you can travel around in trains, buses or trams. Similar to New South Wales, Victoria also doesn’t give international students concessions on transportation fares. For travelling in zone 1, the full-fare tickets will cost you $7.00, to travel in zone 2, it will cost you $5 and to travel between zone 1 and 2 it will cost you $11.00.

 

You can choose from different options like two hourly, weekly, monthly and yearly according to your convenience. However, in the regional areas of Victoria, the transport facility is limited. So you can consider travelling here with other transportation options like a car or a bicycle. 

 

 

4. Tasmania

 

Housing

The rental price for a one-bedroom unit in Hobart, is around AUD 205 and for a three-bedroom apartment, the rent may start from AUD 350. Also, you can talk to your provider about other off-campus or on-campus facilities available, and then accordingly determine the costs. 

 

Public Transport

Cities in Tasmania like Burnie, Hobart, and Launceston offer campus bus services on weekdays, which makes it easy to travel around the cities. International students also get a concession on fares, so you can purchase a daily ticket for around AUD 3. 

 

 

5. South Australia

 

Housing

In Adelaide, the rental price of a house ranges anywhere between AUD 165 and AUD 440 per week. In the outer suburbs of South Australia, the rental cost for a three-bedroom apartment is around AUD 280 and AUD 330 for the inner suburbs. 

 

Public Transport

In Adelaide, you can take a bus, train or tram to travel around. If you are a full-time international student, you also get a concession fare. A multi-trip ticket with concession costs you around AUD 14. 

 

 

6. Western Australia

 

Housing

In Perth, the weekly rental cost of one-bedroom unit costs around AUD 300 and AUD 350 for a three-bedroom apartment. 

 

Public Transport

In major cities like Perth and Fremantle you can use many transportation services including ferries, trains, and buses. International students who are studying full-time can even purchase a SmartRider card. 

 

The transportation fare in Western Australia may cost you between AUD 0.50 to AUD 4, depending on the zone you are travelling to. 

 

 

7. Northern Territory

 

Housing

In the city of Darwin, the average rental cost of a unit is AUD 300 and AUD 450 for a three-bedroom apartment. 

 

Public Transport

Buses usually run regularly in central Darwin area and campuses at Palmerston and Casuarina, but during the night time and weekends, the bus services are limited. 

 

 

8. Australian Capital Territory

 

Housing

In Canberra, the average rental price of a unit is around AUD 400, and for a three-bedroom apartment, the average cost is AUD 450. 

 

Public Transport

Canberra has an exceptional bus network which is operated by ACTON. The buses make use of electronic ticketing system that allows travellers to swipe a prepaid card. Also, international students get concessions on fare during peak and off-peak hours. 

 

If you need guidance and more information on how to manage finances in Australia, you can visit ASIC (Australian Securities and Investments Commission) website. 


 

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