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Cost of Living in Australia for International Students

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By:CANAM Group
Updated On:Jan 29,2024 11:27 AM IST

Explore the cost of living in Australia for international students in 2024 through this insightful blog. Dive into the details and plan an Australian adventure with confidence. Read this blog to learn about different types of expenses while studying in Australia, such as accommodation, food, entertainment, transportation, etc.

• Types of Living Expenses in Australia for Students

Cost of Living in Australia for International Students.webp

Beginning journey of studying in Australia is an exciting venture, but understanding the cost of living is important for a smooth academic experience. In 2024, as international students navigate the vibrant cities and picturesque landscapes of Australia, financial planning becomes paramount. This blog delves into the details of the cost of living for international students, offering valuable insights into living expenses and daily necessities.

Whether a prospective student or already immersed in Australian student life, this comprehensive guide aims to empower everyone with the knowledge needed to make informed financial decisions and fully embrace Australia's academic and cultural richness. Read this blog to learn about the cost of living in Australia for international students in 2024 and other expenses.

Types of Living Expenses in Australia for Students

One must understand living expenses before studying in Australia. In Australia, a destination renowned for its world-class education, delving into the types of living expenses becomes essential. From accommodation costs to daily expenditures, this section aims to provide a detailed breakdown of all the costs students have to bear while studying in Australia after 12th. Let’s see the different types of costs students have to bear while studying in Australia in 2024.

$Types of living expenses in Australia.webp$

Accommodation

The cost of accommodation in Australia is determined by the chosen location and type. For international students pursuing higher education, monthly rent constitutes a great part of overall living expenses, contingent on the preference for on-campus or off-campus housing. Various accommodation options, including halls of residence, shared housing, and local homestays, are accessible. Among these choices, the hall of residence stands out as the preferred option for international students.

Here is the table which shows average monthly rental expenses. The figures are just an estimate and may change over time. To get accurate updates one must connect with a study abroad consultant like Canam.

Type of Accommodation	Average Monthly Rent	Average Monthly Rent (INR)
Homestays	AUD 450 - AUD 1,200	INR 24,368 - INR 64, 983
Halls of residence	AUD 440 - AUD 1,100	INR 23,827 - INR 59, 568
Apartments	AUD 750 - AUD 1,700	INR 40, 614 - INR 92,060
Shared Apartments	AUD 650 - AUD 950	INR 35,199 - INR 51,445

Food & Groceries

Monthly living expenses in Australia typically encompass food, with the potential for increased affordability through self-prepared meals instead of frequenting costly restaurants. Regular dining out can notably elevate costs.

An effective strategy involves locating local grocery stores in Australia that provide ingredients for preparing native meals. For many international students, adopting the habit of cooking one's own food is a common and convenient practice facilitating better management of living expenses.

Following is the table which shows prices of different food and groceries. The figures are just an estimate and may change over time.

Grocery Products	Average Cost	Average Cost in INR
1 Kg White Rice	AUD 2.64	INR 142.96
A Dozen Eggs	AUD 5.36	INR 290.26
1 Litre White Fat Milk	AUD 1.24	INR 67.15
Fast food Combo Meal	AUD 12	INR 649.84
Apples (1kg)	AUD 4.32	INR 233.94
Bananas (1Kg)	AUD 3.18	INR 172.21
Oranges (1Kg)	AUD 4	INR 216.61
500 gm Local Cheese	AUD 9	INR 487.38
1 Kg Tomatoes	AUD 5.08	INR 275.10
Lettuce	AUD 3.56	INR 192.78
1.5 Litres of Water	AUD 2.20	INR 119.14
1 Kg Potatoes	AUD 3.35	INR 181.41

Transportation

Understanding the cost of transportation in Australia is crucial for students. Opting for public transport, can be beneficial for international students. Utilizing buses, trains, or even bicycles for transportation is more affordable than taxis.

Below is the table which shows the cost of travelling expenses in Australia for international students for 2024. The figures are just an estimate and may change over time.

Transportation	Average Cost	Average Cost in INR
One-way local transport Ticket	AUD 3-6	INR 162.46 - 324.92
Taxi Tariff	AUD 3.60-7	INR 194.95 - 379.07
Gasoline (1 Litre)	AUD 1.19-1.60	INR 64.44 - 86.64
Taxi 1 Km	AUD 1.62-3.20	INR 87.73 - 173.29
Monthly Pass	AUD 90-220.70	INR 4873.77 - 11951.56

Utilities

Utility expenses in Australia may change based on the location and usage levels. Timely payment of electricity, water, internet, etc., bills is essential.

Check the below table for average monthly cost of utilities. The figures are just an estimate and may change over time.

Utilities	Average Cost	Average Cost in INR
Internet	AUD 87	INR 4711.31
Basic Utilities such as Electricity, Heating, Cooling, Water, Garbage, etc.	AUD 332	INR 17978.79
Prepaid Mobile Tariff Local	AUD 0.10 - 1	INR 5.42 - 54.15
Mobile Phone Monthly Plan with Calls and 10GB+ Data	AUD 44.69	INR 2420.10

Entertainment

As an international student in Australia, one may observe that entertainment and recreational activities often entail relatively higher costs. This dynamic environment presents a diverse range of options, spanning from fashionable clothing and delightful dining to branded items and beyond. Even with efforts to restrain shopping impulses, an approximate monthly expenditure of 80 AUD can be anticipated for shopping and entertainment activities in Australia.

Readers can check the following table to get an estimate of expenses like sports, clothing and leisure activities. The figures are just an estimate and may change over time.

Sports, leisure activities & Shopping	Average Cost	Average Cost in INR
Fitness Club, Monthly Fee for 1 Adult	AUD 80.07	INR 4336.03
Tennis Court Rent (1 Hour on Weekend)	AUD 26.11	INR 1413.93
Cinema, International Release, 1 Seat	AUD 21.00	INR 1137.21
1 Pair of Jeans (Levis 501 Or Similar)	AUD 125.34	INR 6787.53
1 Summer Dress in a Chain Store (Zara, H&M,.)	AUD 84.22	INR 4560.76
1 Pair of Nike Running Shoes (Mid-Range)	AUD 177.82	INR 9629.48
1 Pair of Men Leather Business Shoes	AUD 201.73	INR 10924.28

Miscellaneous

Finally, miscellaneous costs include various items such as stationery and additional living expenses. These costs may vary between individuals and are largely dependent on the chosen lifestyle. Therefore, it is very important to plan accordingly and budget based on average expenses in Australia, steering clear of luxury items. Below are examples of miscellaneous expenses to take into account.

Some example of miscellaneous expenses is given as below. The figures are just an estimate and may change over time.

Miscellaneous expenses	Average Cost	Average Cost in INR
Household Items	AUD 80	INR 4332
Books & Stationery	AUD 10	INR 541
Toiletries	AUD 11	INR 595
Other	AUD 50	INR 2707

Conclusion

In conclusion, navigating the cost of living in Australia as an international student in 2024 demands strategic financial planning and resourcefulness. While Australia offers a world-class education experience, the expenses associated with accommodation, food, transportation, and other essentials require careful consideration. Factors like location, lifestyle choices, and personal spending habits significantly impact the overall budget. However, with a good budgeting, taking advantage of student discounts, and exploring part-time work opportunities, students can successfully manage their finances. The ever-evolving economic landscape and potential policy changes underline the importance of staying informed about the latest updates. Students can connect with Canam consultants to study in Australia after 12th in India.

FAQ

How much does a meal cost in Australia?

For an international student in Australia a basic meal would cost approximately 42 AUD (three times a day).

Is Australia costly for Indian students?

Even though costs in Australia are high, still studying in Australia is cheaper option as compared to UK, USA and Canada.

What are the different types of expenses students have to bear while living in Australia?

The different types of expenses students have to bear while living in Australia are accommodation, entertainment, food, groceries and transportation.

What is the cost of living in Australia for Indians?

The cost of living in the country for an Indian family of 4 members is approximately AUD 2800 to AUD 3000 per month.

What is the cost of living in Australia per month?

For a single person monthly cost of living in Australia will be approximately $1,100.

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Cost of Living in Australia for International Students

Table of Contents

Types of Living Expenses in Australia for Students

Accommodation

Food & Groceries

Transportation

Utilities

Entertainment

Miscellaneous

Conclusion

FAQ

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