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Living costs in Australia
Time: 2016-07-22    BY Gavin Cheung   From: studyinaustralia.gov.au   Clicks: 1003
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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)

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

By studyinaustralia.gov.au

 

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