Cost of Living in Australia for Indian Students

Australia is one of the best places to study abroad, with a diverse population and a plethora of employment prospects. Every year, millions of students study abroad in Australia for undergraduate, postgraduate, and research programmes. Seven Australian universities have been named to the QS World University Rankings 2022 list. However, students are always apprehensive about the cost of living in Australia before enrolling in university. The post will assist students in better understanding the cost of living in Australia.

Cost of Living in Australia for Students

Any student planning to study abroad should prioritise financial management. The obvious question, 'How much does it cost to study in Australia?' can be answered by considering a variety of criteria. The cost will be determined by the type of education you are pursuing, your location in Australia, the university you are enrolled in, and other considerations. However, knowing the average cost of everyday items is a crucial element of financial planning. Along with the lakhs of rupees spent on tuition, other charges such as lodging, transportation, groceries and meals, and other incidental expenses add to the total cost of studying abroad. Not to mention that an international student must provide proof of possessing at least AU$20,209 in living expenses each year in order to obtain an Australian student visa.

Read More: Study in Australia

Cost of Living in Australia for Family

There is no "one-size-fits-all" plan for everyone. However, it is generally accepted that an individual may require roughly $20,000 per year and an average family requires more than $50,000 per year to get by in Australia.

Average Cost of Living in Australia

Cost of House in Australia

Accommodation costs vary depending on the region and type of location chosen by the student. More rural places in western and northern Australia are less expensive, but modern areas such as Sydney are more expensive.

Furthermore, students' cost of living in Australia varies depending on whether they reside on-campus or off-campus. The former would cost a student AUD 440 - 1,100 per month on average, whilst a shared rental would cost AUD 380 - 850 per month.

How Much Does Food Cost in Australia?

A student should be aware of the typical food cost in Australia in addition to the average living cost. It is not as expensive, and Here is a list that will undoubtedly be of great assistance:

Quick Read: Best Indian Restaurant in Australia for Students

How Much Does Transportation Cost in Australia?

As a student, you should be aware of the transportation costs in Australia. 

The tabulated data would provide students with a rapid overview.

Average Utilities Cost Australia

Students should understand the average utility costs. The following table contains vital information.

Medical Costs in Australia for Visitors

Overseas Student Health Cover is a type of health insurance provided by the Australian government to international students. All international students in Australia are expected to have health insurance for the duration of their studies. International students have access to necessary services such as doctor visits, specific hospital treatment, ambulance coverage, and restricted medicines, depending on their OSHC plan. (Additional services are available depending on the plan.) OSHC providers include Allianz Care, Australian Health Management, and BUPA Australia.

Cost of Education in Australia

A key element of international student life in Australia would be managing funds and sustaining one's lifestyle, as well as the various types of fees and expenses that can arise. There are two key cost categories: the cost of studying and other living expenses like housing, food, and utilities, which we shall examine in more detail later. Although costs vary according to location, university, and degree sought, having an idea of what to expect might help with budgeting. On average, the cost of studying in Australia for a degree at any of its prominent colleges ranges between 15000 AUD and 36000 AUD (822000 INR and 1974000 INR) each year [indicative]. Read our blog on the Cost of Studying in Australia to learn more about expenditures, scholarships, and tuition fees.

Cheapest City to Live in Australia

Despite the fact that it is home to thousands of international students, Sydney is the most expensive city in Australia for an international student. 

The table below lists the top six cheapest cities in Australia for overseas students:

We hope that this blog has piqued your interest in students living in Australia. Do you want to study at one of Australia's finest institutions and immerse yourself in the one-of-a-kind experience that this country has to offer? Our AECC Global admissions experts will walk you through every step of the application process, assisting you in crafting well-written SOPs and LORs and ensuring that you submit a winning application! Register for a free consultation with us today!