Cost of Living in Australia

Cost Of Living In Australia

If you are serious about getting an international education, you must be aware about the cost of living in Australia. It is important for you to know what your living expenses are going to be like and should prepare your budget for hassle-free stay in the country. Here is some basic information you will need to know about calculating your living expenses in Australia.

Accommodation is an important thing you need to consider as you budget your cost of living Australia. It is important that you have a place to stay while you are in the country. There are plenty of accommodation options available for you. Here are some of them:

  • Hostels and Guesthouses -AU$80 to $135 per week
  • Shared Rental – $70 to $250 per week
  • On campus – $80 to $250 per week
  • Homestay – $110 to $270 per week
  • Rental – $100 to $400 per week
  • Boarding schools – $10,000 to $20,000 a year
  • Studio Apartments – $350 to $450 per week

After choosing the kind of accommodation you want to have during your stay in the country, you must also consider the other factors that will contribute to your overall cost of living in Australia. Try to think about your daily expenses and list down some of the basic stuff you will spend on. Here is a quick guide to some miscellaneous expenses you may acquire during your stay in Australia:

  • Groceries and eating out – $80 to $200 per week
  • Gas, electricity – $60 to $100 per week
  • Phone and Internet – $20 to $50 per week
  • Public transport – $10 to $50 per week
  • Car (after purchase) – $150 to $250 per week
  • Entertainment – $50 to $100 per week

The Department of Home Affairs has established certain financial requirements that you must pass before a student visa is issued in your name. This is to ensure that you can afford the cost of living in Australia. You must be able to meet the following requirements before you could study in the country (this is in an annual cost basis):

  • Student/guardian – AUD 19,830
  • Partner/spouse – AUD 6,940
  • Child – AUD 2,970

The cost of living in Australia really depends on the lifestyle of a student. If you want further details regarding living expenses, please feel free to contact us and we will be more than happy to assist you!