An Insiders Guide to Studying Abroad in Australia

Studying in Australia

Lebenshaltungskosten in Australien

Cost of Living in Australia


One of the most important things to consider when studying in Australia is how much money that you need to have in order to be comfortable. There are a lot of things that come into this process. We’re going to take a look at a few of the important costs in this article. Then, you will be better able to make an informed decision about studying in Australia and determine how much you need to budget in order to live comfortably while there.

All of these numbers are presented with and based on the Australian dollar (AUD). If you would like to see the current exchange rate for your country’s currency to AUD, check out’s currency converter for the most recent currency conversion rates.

In order to be able to stay in Australia, you have to show that you have enough money to cover, except your tuitions also the living expenses. Your financial capacity to handle these expenses is also a criteria you need to meet when applying for a visa.

Australian authorities will ask you to testimony your finances when you initiate your visa application. Usually, the government and the specific immigration regulator set a minimum value of money an international student must possess. Be aware that this limit may change year to year, so always be sure that your money is leveled up with those requirements. You can provide this evidence in some ways.

You can show a 12-month funding

Prove an annual income

Secondary Exchange Students – Provide a form of Acceptance Advice of Secondary Exchange Students (AASES) only secondary exchange students

Foreign Affairs or Defence Students – A letter of support from the Department of Foreign Affairs and Trade or Department of Defence.

If you’re showing up with the 12 months funding option a calculation of the money you have is necessary. This money can be your savings or can be a loan by an official financial organization, government loan, a scholarship or so.

Second, you can prove your financial capacity by showing your annual income. Currently, you must have a minimum of AUD60,000 personal incomes. If your parents will accompany you then you must have an annual income of AUD70,000. Don’t forget to submit your document of financial capacities otherwise, your visa application can be refused. Pay attention that this money has only to be of your spouse (who is not coming with you) and your parents. And this takes us to the other point you need to know in this process: your access to these funds. The fact that the annual incomes are strictly limited only in annual earnings of your spouse and parents, guarantees the authorities in Australia that you have full access to those funds and you can pay your living expenses.

Access to funds

After you have shown to have the funds to cover your living expenses authorities want to make sure you have full access to them. Depending on what sort of fund you’re leaning on, you may be required a particular document.  Here are just some examples of this:

If a financial institution is giving money to you, you may need to show an identification document of that company. Another possibility may be by showing any other case in the past the company provided financial aid to you.

If you’re leaning on large deposits you need to show their primary source if it’s a wage or what.

If you’re relying on a loan a disbursement between the bank, the provider of that loan and you must occur.

If you’re receiving funds in another way you may be required to show conditions and terms at which your agreement with the provider is done.

Living accommodations

The cost of living accommodations in Australia varies depending on which region you are living in. The more rural areas of Australia, like those you will find in the western and northern Australian states, will have much lower accommodation costs. In more urbanized areas, like those in the ACT and around Sydney will have higher rates, especially if you are downtown.

The cost of your living accommodations will also vary on how many rooms your rental has. On average, a one bedroom apartment will cost anywhere from $1000 (in rural areas) to $1750 (city center). Living on campus typically costs much less (approximately $750/month). If you are renting a 3 bedroom apartment, you could see costs as high as $2,500 a month in the city, but that is because of the assumption that you will be splitting the cost with roommates (which, in the end, would make it less expensive than a one bedroom apartment).


Accommodation is the first thing you must take care of when you land a foreign country. Yet, in Australia, as we already mentioned, is an issue easily to tackle. You only need to have a simple picture of how much it may cost to you, and where it costs exactly what you’re sure you can afford. Use this prices below as a reference

Hostels and Guesthouses – $90-$150  per week

Shared rental – $85 – $215 per week

On campus – $90-$280 per week

Homestay – $235 – $325 per week

Rental – $165 – $440 per week

Boarding schools – $11,000 – $22,000 per year


The cost of your amenities will vary depending on location and what you have. It will also depend on what is included in your rent. Here are some averages:

  • Gas and electric: $50-$100/month
  • Phone and internet (usually bundled together): $150-$200 a month
  • Water/Sewer/Trash: $50/month
  • Groceries average approximately $200/month, depending on what you’re eating.

Note: If you are located within city limits, the numbers that you will see will likely be more than the estimates listed here.

You may also have to pay particular local and/or housing taxes, depending on what your landlord covers and what you have to cover. Which amenities and taxes you are responsible for should be outlined in your lease. Many times, you can discuss the average costs for your apartment with your landlord or real estate agent; they should have a vague idea of what the monthly costs for your rental should come out to.

Other Expenses

There are a variety of other things that you will want to think about in regards to the cost of living if you decide to go to Australia to study. Some of these costs are based on personal entertainment, others are based on transportation, and others are considered luxuries. Here are some of the average prices that you can expect to pay for various items and services in Australia.

  • Fitness club – $70/month
  • Monthly transportation pass: $140 (certain public transportation offers student rates for less)
  • Gasoline: $1.50/liter
  • One-way ticket (Public transport): $4.10
  • Taxi Start: $4.20
  • Taxi: $2 /km
  • Meal out: $16 to $75 dollars, depending on how fancy the restaurant is. $16-20 for a meal at a casual dining establishment is relatively average.
  • Milk 1liter: $1.41
  • Rice 1kg: $2.64
  • Eggs (12): $4.28
  • Water 1.5liter: $1.79
  • Potato 1kg: $3.02
  • Beer, half a liter: $6
  • Flavored coffee: $4 for an average-sized cup
  • Combo meal at a fast food restaurant (McDonald’s, Burger King): $8.
  • Cinema: $18

If you are someone who is planning on going out sometimes and you want to enjoy what there is to see around Australia, it’s recommended that you put aside anywhere from $50 to $100 a week for entertainment. These are just basic estimates based on some of the information found at sites, like Numbeo, which take user information from those who live or travel to the country and create averages based on the information provided to them. These numbers will definitely vary depending on which state you are in and whether you are in an urban or a rural area of the country. Taxes may also vary based on the state you are studying in.

Need More Information?

If you need help with creating and managing your budget while in Australia, the Australian Securities and Investments Commission MoneySmart website can help you with that information. You can also alleviate some of the financial burden by working while studying in Australia.

If you are going to be a student in Australia, there are specific guidelines regarding income and budgeting that the immigration department has for you to be able to apply for and receive your student visa. These guidelines are based on the current average cost of living in Australia, and are discussed further in this article. These guidelines and more information about proof of financial resources can also be found on the Australian Department of Immigration and Citizenship webpage.

Your university’s international studies office can help you further with any of your concerns related to budgeting and the cost of living while studying in Australia; they are trained to help international students with their questions, even if they are not directly related to your education. Contact your international studies office today and see how they can help you, as well.