Australia is one of the most popular destinations for overseas students. It is a high-income country with an advanced economy and a highly developed society. Australian Universities are also regarded as some of the best in the world, so it’s no wonder that thousands of international students choose to study there each year. One of the most important aspects to consider when studying as an overseas student is the cost of living in Australia. The good news is that living expenditures for Indian students and other international students in Australia would be manageable if you do it right. Therefore, we have put together this comprehensive guide on the living expenses in Australia for international students and everything about it so that you may budget your expenses before your arrival.
What Is The Average Cost Of Living In Australia For Students?
For overseas students, the monthly average cost of living in Australia is estimated to range between AU$ 2,236 to AU$ 3,190. However, this may vary depending on aspects such as your lifestyle, accommodations, mode of transportation, etc. when you are a student in Australia. Here is a summary of the monthly living expenses in Australia for an international student before we get into more detail about each of these things –
|Off-Campus Accommodation||AU$ 800|
|On-Campus Accommodation||AU$ 1,754|
|Food Cost||AU$ 780|
|Utility Cost||AU$ 205|
|Total Cost of Living with Off-Campus Accommodation||AU$ 2,236|
|Total Cost of Living with On-Campus Accommodation||AU$ 3,190|
|Annual Cost of Living||AU$ 26,832|
Accommodation In Australia
The majority of living expenses are related to housing for students. The price of student accommodation in Australia for overseas students in Australia varies depending on the kind of room they wish to stay in. The average rent in Australia for international students ranges between AU$ 297 – AU$ 800. Numerous lodging alternatives are available, including homestays in the area and shared living in resident halls. For international students, the residence hall is the most well-liked.
Food And Groceries In Australia
In Australia, food is often a significant expense that you must factor into your monthly living budget. If you can prepare for yourself instead of eating at pricey places, this should be reasonable for you. Regularly eating out will only drive up your expenses and be incredibly expensive. As most international students find it easy to prepare their own food, it would be preferable for you to look for your local supermarkets in Australia that have all the ingredients for your native meals. As a result, the cost of living in Australia for students can be effectively managed.
Transportation In Australia
The cost of commuting within the cities is also included in the cost of living in Australia for students. Transportation is a big expense, but it’s also one of the easiest to control. The majority of the time, you will need to travel a long distance if you live far away from your university. The best way to get around in Australia is by public transportation. Public buses are inexpensive and reliable, meaning you’ll be able to travel wherever you want without having to worry about getting lost or stranded on an empty road somewhere. If you do decide that driving is necessary for your daily life or work schedule, car rentals are affordable as well—though they may not be required if public transportation works for you!
A student living in Australia must also consider their household expenses. Electricity, water, and other utility bills should all be paid on time. Most housing bills include these essential utilities, but if not, you must factor them into your monthly cost of living in Australia. The basic utilities such as electricity, heating, cooling, garbage collection etc. can cost up to AU$ 200. There are also miscellaneous expenses that you will have to pay, such as phone bills and internet connection charges. The average monthly mobile phone bill is AU$ 5 per month or approximately AU$ 1 per week.
Last but not least, miscellaneous expenses can range from office supplies to entertainment costs to any other unexpected living costs. It’s important to remember that these costs might vary from person to person and largely depend on the lifestyle you select. As a result, you should prepare for it accordingly. In order to create a budget based on Australian average costs, it is also advised that you stay away from luxury things.
It is important to think about the average cost of living in Australia before getting admitted to an Australian University. There are some ways in which international students can save on their budget while studying here such as doing part-time work while they study full-time or renting out rooms in their house instead of buying a whole property by themselves.
1. Is it expensive to live in Australia?
According to Numbeo, Australia has the world’s 14th-highest cost of living.
2. What is a good average salary in Australia?
In Australia, the average monthly salary is $89,551 per year or $45.92 per hour. Entry-level salaries begin at $67,805 per year, with the most experienced workers earning up to $138,112 per year.
3. Is healthcare in Australia free?
Medicare and the public hospital system provide free or low-cost access to the majority of healthcare services for all Australians. Private health insurance provides an alternative to the public system. You contribute to the cost of your health care for private health care both in and out of the hospital.
4. What is the Cost Of Living In Australia?
The cost of living in Australia varies based on accommodation choices. For off-campus living, the total monthly cost is approximately $2,236, while on-campus living costs around $3,190. These figures result in an annual cost of living of roughly $26,832.
5. What is the Indian population’s average yearly income in Australia?
As per the analysis of 6figr.com, Indians in Australia make an average salary of $30 lakhs yearly, with the majority making between $22 and $50 lakhs.
With this, it is possible to conclude that managing the cost of living in Australia for Indian and other international students is a planning process. You may also read some of our blogs that might interest you: