Living Cost in Australia for International Students 2022 –Part 1
Australia has attracted students for many reasons, but its way of life is by far the most enticing. Given that many of their schools are among the top 100 in the world, there have been a considerable increase in the number of international students attending Australian universities in recent years. Being able to make genuine promises, unlike any other nation, is what enhances the superb educational system. Even though living in Australia is still a more affordable alternative for students to study. According to the Shiksha Study Abroad databank, Australia has lower average tuition costs than the United States, but the cost of living is still lower. Increasing the cost, the standard of living, the variety of entertainment alternatives, and the student income through the relaxation of the international student work visa has added to the popularity of Australia as a place to study abroad.
So, what is life like in reality? Why is Australia a wise choice? What are the living and educational costs in Australia? Continue reading as we make an effort to respond to that question.
The Cost of Studying in Australia
The island nation of Australia continues to draw students from all around the world. Australia has some of the best institutions and colleges in the world, making it the country that students are choosing as their new home. Australia’s educational system adds to the country’s appeal. Due to its proximity to the Indian subcontinent, Australian universities are preferred by Indian students above those in western countries. However, how much does education cost in Australia? For additional information, see Studying in Australia: The Cost. The price of tuition varies according on the university you attend as well as the type of degree and course you select.
The Cost of Living in Australia
Australia is ranked among the top 10 countries in both the Human Development Index and the Quality of Life Index. Simply put, Australia is a developed nation with high rankings for its GDP, purchasing power parity, and educational system. High earnings are correlated with high levels of health consciousness, a first-rate healthcare system, and an economically and politically stable society.
These, however, are hardly the warning signs that a student ought to be concerned about. What matters is how much a stay in Australia would cost. As a result, the preceding jargon has been condensed to a monthly amount for Australia’s cost of living:
Mo Monthly Expensesnthly Expenses | I AIn AUDUD | In INIn INR [approx]R |
Rentals (On-Campus Accommodation) | 860 | 48,500 |
Transportation Pass | 210 | 11,850 |
Basic Amenities* | 500 | 28,150 |
Entertainment | 300 | 16,900 |
Estimated Total Monthly Expense | 1,870 | 105,200 |
* Food and grocery expenses are included in basic amenities.
However, these figures only cover the essentials, and they will change depending on the university you attend and your desired standard of living. If your university does not provide a hostel option or if you prefer to live independently (though this is uncommon), you could wind up paying between AUD 1000 and AUD 1750 for a one-room unit. Additionally, the cost of entertainment can vary greatly. The monthly expenses can roughly correspond to your weekly spending as well, if you like to spend your weekends visiting the spectacular outback.
Overall, it depends upon your personal preferences. Australia has a lot to offer, so keep trying. You can always find a way to generate the extra cash you need to make your trip worthwhile.