Student Budget


Student Budget

Be realistic when it comes to budgeting for your travel expenses, tuitions fees and living expenses. It is important to know the living costs in Australia.

Accommodation

  • Hostels and Guesthouses – $110 to $170 per week
  • Shared Rental – $130 to $250 per week
  • On campus – $300 to $450 per week
  • Homestay – $300 to $365 per week
  • Rental – $250 to $450+ per week
  • Boarding schools – $12,000 to $22,000 a year

Other living expenses

  • Groceries and eating out – $80 to $250 per week
  • Gas, electricity – $35 to $140 per week
  • Phone and Internet – $20 to $99 per month
  • Public transport – $15 to $55 per week
  • Car (after purchase) – $150 to $250 per month
  • Entertainment – $80 to $150 per week

Minimum cost of living

The Department of Immigration and Border Protection has financial requirements you must meet in order to receive a student visa for Australia. From 1 July 2016 the 12 month living cost is:

  • You – $19,830 per year
  • Partner or spouse – $6,940 per year
  • Child – $2,970 per year (does not include education or child care expenses)

All costs are per year in Australian dollars.

Information provided by studyinaustralia.gov.au.