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Living costs in Australia

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Living costs in Australia

Knowing the average living costs in Australia is an important part of your financial preparation. For your reference, here are some of the costs associated with living and studying in Australia. (All costs are in Australian dollars and linked to the consumer price index.)

Accommodation

Hostels and Guesthouses – $90 to $150 per week
Shared Rental – $85 to $215 per week
On campus – $90 to $280 per week
Homestay – $235 to $325 per week
Rental – $165 to $440 per week
Boarding schools – $11,000 to $22,000 a year

Other living expenses

Groceries and eating out – $80 to $280 per week
Gas, electricity – $35 to $140 per week
Phone and Internet – $20 to $55 per week
Public transport – $15 to $55 per week
Car (after purchase) – $150 to $260 per week
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
Partner or spouse – $6,940
Child – $2,970

All costs are per year in Australian dollars. To convert to your own currency, visit http://www.xe.com/ (opens in a new window)

The Australian Government provides information and guidance on managing your finances. You can read more at www.moneysmart.gov.au (opens in a new window)

The ‘Insider Guides Cost of Living Calculator’ is also a useful tool to help estimate your cost of living (opens in a new window) in Australia www.insiderguides.com.au/cost-of-living-calculator/ (opens in a new window).

If you experience financial trouble while in Australia, talk to your institution’s international student support staff for assistance.