Australia offers quality higher education at an affordable price. Seven Australian universities feature in the top 100 of the 2022 QS World University Rankings. However, the cost of living in Australia for Indian students can be slightly higher. Students always remain concerned about the cost of living. Cost of living in Australia for Indian students. A guide highlights the costs associated with living and studying in Australia. The cost of studying in Australia depends on your university, the degree you choose and the location. This blog post serves as a guide to better understand the cost of living in Australia. It also serves as an approximate guide.
Tips for saving money in Australia
- Prepare a monthly budget
- save on electricity bills
- Enjoy paid public events
- save money
- Traveling by public transport
Cost of Living in Australia for Indian Students – Cost Factors
- Type & Cost of a University- Your cost of education in Australia depends on which university you have enrolled in for advanced studies. East also depends on which course you are admitted to. Tuition fees account for a large part of your education costs. Generally, master’s and doctoral degrees cost more than bachelor’s degrees. Also, public universities in Australia charge less than private universities in Australia . However, international students have to pay more tuition fees than domestic students.
- Accommodation- The cost of living in Australia for Indian students also depends on the type of accommodation you choose. On-campus accommodation, i.e. student residences, is cheaper than host families or private apartments.
- Exchange Rate- When calculating the cost of living in Australia for students, exchange rates should be answered. If your country has a stronger exchange rate than Australia, your cost of living will be cheaper relative to the home currency. But if your exchange rate is cheaper than the Australian Dollar AUD$ then studying in Australia can prove expensive. Some banks and bureaux de change also charge you for converting your currency into Australian currency (currency exchange). This will also add to the cost of living in Australia.
- Location- Australia Student living costs vary from location to location. Some locations are more expensive to live in compared to others. The location of the university is also one of the important factors affecting the cost of living in Australia. The cost of living in places like Sydney, Melbourne or Canberra is much higher and more expensive than other places.
- Spending Habits- Your spending habits also affect the cost of living in Australia. Spending on food or other forms of entertainment frequently can add significantly to the cost of living.
Australia Student Living Costs – Accommodation
- University hostels University hostels or campus accommodation are the cheapest options available to international students. The universities provide students with subsidized places in halls of residence. The average cost of on campus accommodation is around AUD$100-AUD$300 per week (approx.)
- Rental Accommodation (single-mode)- You can also opt for off-campus rental accommodation. You can also save on the cost of living in Australia by opting for one bedroom accommodation. The average weekly rent for this type of accommodation is around AUD 160 to max AUD 450 (approx.)
- Rented Apartment (Shared)- You can even lower your accommodation costs by sharing accommodation with your roommates or co-workers. Shared apartments help minimize the cost of living by spreading the price of utility bills among peers. The average weekly rent for a roommate share is around AUD80 – AUD215 (approx).
- Homestay homestay options are ideal for international students if your university is located in an expensive area of Australia. Host families allow you to live with an Australian family until the end of the course. Average homestay costs are around AUD 110 – AUD 300 (approx) per week.
| accomodation | Costs (approx.) |
| hostels and guesthouses | $90 to $150 per week (approx.) |
| Shared rental | $100 to $220 per week (approx.) |
| On the campus | $90 to $180 per week (approx.) |
| host family | $250 to $350 per week (approx.) |
| Rental | $185 to $450 per week (approx.) |
Australia Student Living Costs – Travel Expenses
Australia boasts a great public transport system that keeps transportation costs to an absolute minimum. Trains and buses are the best choice for public transport and affordable too. If you live on campus, you can also use the transport systems organized by the universities.
A bus ticket costs on average around AUD 3 (approx). If you are a frequent traveller, arrange a day pass from AUD$8 (approx). The average cost of a taxi ride is AUD 4 (approx)
| Cost | Costs (CHF) |
| Single ticket for public transport | $3-6 (ca.) |
| Taxi 1km | $2-$4 (ca.) |
| monthly card | $100-$225 (ca.) |
| Gasoline (1 liter) | $2-$4 (ca.) |
Australia Student Living Costs – Cost of groceries and groceries
Food and groceries make up a large part of the cost of living for students. If you are cooking alone the average price of groceries is around AUD500 to AUD1200 (approx) per month. If you want to eat out, an average meal will cost around AUD20 to AUD80 (approx), depending on where you eat.
Other living expenses
| Cost | cost per week |
| groceries and eating out | $150 to $300 (approx) |
| natural gas, electricity | $10 to $25 (approx) |
| phone and internet | $15 to $30 (approx) |
| Entertainment | $80 to $200 (approx) |
Conclusion
Australia has been voted one of the best places to live and the opportunities it offers international students. The country has a relaxed visa process. Keep in mind that the cost of living in Australia for Indian students may be higher than in your home country. I hope this blog post helps you get an estimate of the cost of living in Australia. Please leave a comment and share the post.
