Australia has attracted students for a variety of reasons, the most significant of which is the lifestyle it promises. With colleges ranked among the top 100 in the world, Australia’s universities have seen a definitive growth in international student numbers in recent years. What adds to Australia’s excellent education system is that, unlike any other country, it can truly promise. Despite its cost of living, studying in Australia is still a cheaper option for students compared to the United States, United Kingdom, and Canada.
According to Shiksha Study Abroad databank, the average tuition fee in Australia is 45-50% lower than in America, as are living expenses. International students’ annual living expense in Australia range between AUD 30,000 and AUD 34,000. Adding to the expense, the quality of life, the various entertainment options, and a higher student income through a flexible international student work permit have all contributed to Australia’s attractiveness as a Study Abroad destination.
So, how is life in reality? Why is Australia a good choice? How much does it cost to live and study in Australia? What are the rules for working and studying? We’ll try to answer it here and more so read on.
Cost of Studying in Australia
Australia’s island nation is attracting an increasing number of international students from all around the world. Australia is home to some of the world’s best universities and colleges, and as a result, the country is quickly becoming a student favourite. Another aspect that contributes to Australia’s attractiveness is its education system. Because of its proximity to the other subcontinent, overseas students prefer to study in Australia rather than in other Western countries. But how much does education cost in Australia? The tuition amount varies depending on the university and the type of program and course you choose.
Cost of Living in Australia
Australia is ranked among the top ten in both the Human Development Index and the Quality-of-Life Index. In other words, as a developed country, Australia is among the top countries in the world in terms of education, GDP, and purchasing power parity. People who live and work in high-income areas benefit from a high level of health awareness, an excellent medical system, and a politically stable economy.
However, as a student, these are hardly something to be concerned about. What matters is the cost of living in Australia. So, to simplify the preceding language, here are the monthly living expenditures in Australia:
If you prefer to remain in independent accommodation or if your university does not provide a hostel facility (which is rare), a single room unit will cost you between AUD 1,000 and AUD 1,750. Furthermore, the level of expense may vary considerably for entertainment. If you choose to spend your weekends exploring the spectacular outback, the monthly expenses can nearly represent your weekly spending as well.
Cost of Living in Sydney & Melbourne
The cost of living in Sydney is higher than the cost of living in Melbourne. According to the most recent July 2022 data for average living expenditures, those who live or work in Sydney likely to pay more than those who live or work in Melbourne. For your convenience, the following cost comparisons for living in Sydney and Melbourne are provided:
Expenses | Cost of Living in Sydney | Cost of Living in Melbourne |
Housing and Utilities | AUD 3,224 | AUD 2,300 |
Public Transport | AUD 193 | AUD 156 |
Private Transport* | AUD 32,000 | AUD 30,000 |
Food and Drink | AUD 20 – AUD 40 | AUD 15 – AUD 25 |
Clothes and Shoes | AUD 150 – AUD 200 | AUD 200 |
Entertainment | AUD 41 | AUD 40 |
Personal Care and Hygiene | AUD 63 | AUD 69 |
Insurance | AUD 250 | AUD 200 |
Total Cost | AUD 7,428 (Public Transport) or, AUD 39,235 (Private Transport) | AUD 2,990 (Public Transport) or, AUD 32,834 (Private Transport) |
*Private Transport:
These costs include the price of the vehicle as well as the cost of fuel and maintenance. As a result, the expenses may vary based on the type of vehicle acquired.
The average monthly cost of living in Sydney for an individual is roughly AUD 4,100, whereas the cost of living in Melbourne is approximately AUD 2,000. Nonetheless, Melbourne is less expensive than Sydney.
Working while studying
When it comes to working while studying in Australia, the immigration laws are very simple. A simple request might often qualify you to work in Australia as an international student. Though the rules vary, students are normally permitted to work up to 40 hours per fortnight or 20 hours per week.
The other factor is the availability of work, which is no dearth of the same either. Companies, local business, and retail stores frequently hire students (both domestic and international). As an international student, you are protected by the same labour laws as domestic students, including the minimum wage. As a student, you should expect to earn roughly $17 per hour.
The types of occupations available are also varied. There are both on-campus and off-campus jobs available, and many universities have an office that can assist you in finding the ideal one for you. Students work in a variety of industries, including retail, hospitality, and administrative/teaching positions. It is worth mentioning that Australia provides excellent post-study work opportunities for international students. The minimum wage to live in Australia from other countries should be AUD 30,000 – AUD 40,000 to cover living expenses.
Entertainment Options
Now that we’ve covered the expenses and income alternatives for students, let’s speak about the various things you can do while in Australia.
Australia, an island continent, has beautiful beaches. People would frequently spend their free time at the beaches near your institution. If you have more adventurous tastes, there are a variety of water sports activities to keep you busy. There are tons of things available, ranging from surfing to deep sea diving.
A diverse range of wildlife is another feature of Australia. If you are looking for adventure, Australia has beautiful wild terrains that will take your breath away.
But not everything has to be wild; city life has its own spark. There are clubs, lounges, bars, and specialty restaurants. Not to forget Sydney’s famous Opera House.
If you are a connoisseur or simply want to have an experience unlike any other, a visit to the Sydney Opera House will undoubtedly make your trip to Australia worthwhile.
Education Loan
To apply for international education, one must begin planning as soon as possible, with the most important step being financial preparation. However, not everyone is fortunate enough to come from a wealthy family. However, one should not give up hope of achieving their goals. Student education loans are available from financial institutions and banks such as HDFC Credila, SBI, and others at low interest rates. An education loan can be readily applied for and approved in a matter of days. However, in order for your loan to be approved, all of your loan documentation must be precise. Read our article Step-by-Step Guide for Bank Loans to learn more about the Education Loan for Studying in Australia procedure.
As a result, we conclude that Australia offers an experience unlike any other. For your intellectual appetite, it has enough to keep you on your toes. But there are many other factors that contribute to your experience as a student…Australia provides you both options and possibilities for exploration!