Living costs in Australia
Knowing the average living costs in Australia is an important part of your financial preparation. For your reference, here are some of the costs associated with living and studying in Australia (all costs are in Australian dollars).
The costs below are an approximate guide only. Students should be aware that these costs can vary depending on your study location in Australia.
- Hostels and Guesthouses – $90 to $150 per week
- Shared Rental – $85 to $215 per week
- On campus – $90 to $280 per week
- Homestay – $235 to $325 per week
- Rental – $165 to $440 per week
- Boarding schools – $11,000 to $22,000 a year
Other living expenses
- Groceries and eating out – $80 to $280 per week
- Gas, electricity – $35 to $140 per week
- Phone and Internet – $20 to $55 per week
- Public transport – $15 to $55 per week
- Car (after purchase) – $150 to $260 per week
- Entertainment – $80 to $150 per week
Minimum cost of living
The Department of Home Affairs(opens in a new window) has financial requirements you must meet in order to receive a student visa for Australia. From 1st February 2018 the 12 month living cost is:
- You – $20,290
- Partner or spouse – $7,100
- Child – $3,040
All costs are per year in Australian dollars. To convert to your own currency, visit http://www.xe.com/(opens in a new window)
The Australian Government provides information and guidance on managing your finances. You can read more at www.moneysmart.gov.au(opens in a new window)
The ‘Insider Guides Cost of Living Calculator’ is also a useful tool to help estimate your cost of living(opens in a new window) in Australia www.insiderguides.com.au/cost-of-living-calculator/(opens in a new window).
If you need immigration advise or assistance, please call 1300 10 50 50 or contact our consultants. You may also book an online appointment with our Lawyers or Migration Agents.