Knowing the average living costs in Australia is an important part of your financial preparation – the average monthly expenditure is between £900 and £1700 (including rent) per person. Perspective students need to be aware that the cost of studying in Australia will largely depend on the institution attended, personal choices, spending habits, and location, just like in the U.K.
Sydney is the most expensive city in Australia (ranked the 15th most expensive city worldwide) Melbourne is Australia’s second-largest city and its second most expensive. Brisbane is Australia’s third largest city and is more affordable than both Sydney and Melbourne.
If affordability is your top priority, then Perth and Adelaide are your best options amongst the bigger cities.
For your reference, here are some of the costs associated with living and studying in Australia (all costs are in Australian dollars), please keep in mind that the costs below are an approximate guide.
- Studio apartment - AUD $ 740-2000/month
- Shared accommodation - AUD $ 720-1600/month
- Rental bond -1 month rent
- General groceries - AUD $140-280/week
- Meal in restaurant - AUD $20
- Cup of coffee - AUD $2.50-3
- Milk (1 L) - AUD $1.60
- Cheese (1 kg) - AUD $8
- Chicken breast (1 kg) - AUD $10
- Apples (1 kg) - AUD $4
- Rice (1 kg) - AUD $2.75
- Potatoes (1 kg) - AUD $3.50
- Loaf of bread - AUD $2/6
- Eggs (12) - AUD $5
- Bottle of red wine - AUD $19
- Monthly pass - AUD $87
- Per week - AUD $30-60/week
Utiliities: - AUD $40-80/month
Mobile Plan - AUD $15-30/week
Cinema Ticket - AUD $10-13 (with student card)
Swimming Pool Admission - AUD $4-5
More info - See the Insider Guides Cost of Living Calculator
Tips For Saving Money
There are many ways to live a cheaper lifestyle if you’re trying to save money.
- Always confirm the total cost and any other expenses you may be required to pay, such as a bond and utility fees and ensure they are included in your accommodation agreement.
- Consider the distance of your accommodation from your campus and whether it is easily accessible by public transport, such as bus or train.
- Use your student card wherever it is accepted. This can save you money in campus shops or on the cost of social activities, like going to the cinema.
- Shop at fresh food markets rather than supermarkets for fruit, vegetables and meat. Buy fruit and vegetables that are in season.
- Shop at discount pharmacies when purchasing medications, and shop at supermarkets to purchase over-the-counter pharmacy products like moisturiser, shampoo and toothpaste.
- Consider buying second-hand furniture to furnish your apartment.
- Shop around. Compare prices before you purchase, particularly on items of clothing and larger items like white goods, furniture and electrical goods.
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