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Cost of Studying in Australia

With its vibrant culture and top universities, it’s easy to see why students choose to study abroad in Australia. “Can I afford to study there?” is often the next question on the mind of students and parents after choosing a study destination. 


We’ve put together a guide on the cost of studying in Australia, covering cost of living and the tuition fees.  



Undergraduate students can expect to pay anything between $20,000 and $45,000 (all figures noted are in Australian dollars) a year in tuition fees. Veterinary and medical degrees cost considerably more, averaging at $68,000 or more a year. Undergraduate degrees last between three to five years in Australia.


Master’s degree tuition range between $32,000 – $50,000 a year. Master's qualifications can take between 1 to 2 years to complete. 


Accommodation costs vary, depending on the type and region: the more rural regions, in the western and northern Australian states, will be much cheaper, whereas major cities like Sydney and Melbourne will cost more, particularly in the downtown area.

  • On-campus accommodation ranges between $440 – $1,100 per month 

  • Homestay ranges between $1,000 – $1500 per month 

  • Off-campus accommodation ranges between $720 – $2,000 per month 


  • Average gas and electricity bill is $50-100 a month

  • Internet costs $70-120 a month 

  • Public transportation $120 - $200 a month

In order to obtain a visa for studying in Australia, applicants will need to show proof of funds amounting to $21,041 for living expenses. 

It is compulsory to have Overseas Student Health Cover (OSHC), which costs the average student $478 per year. However, this will vary across providers and based on the cover that students take out. 

A budget for books and academic supplies is estimated at $500-$1,000 per year.


  • The average weekly grocery shop costs $140 - $150

  • A meal in an average inexpensive restaurant is $20

  • The average cinema ticket costs $20.50 - $22.50

  • A Big Mac is $6.40

  • The average gym membership is $95 per month

Note 1: Estimates from the Australian Government & Times Higher Education.

Note 2: Price and exchange rates may vary from the date of publication.

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