A single student typically needs AUD 24,000 to 34,000 for a year of living costs, depending on city and lifestyle. The current visa financial capacity benchmark is AUD 29,710 for 12 months. This excludes tuition, OSHC, and flights, which you must budget for separately.
Sydney and Melbourne sit at the higher end due to rent. Brisbane, Adelaide, Perth, and regional cities are usually cheaper. Shared housing, public transport concessions, and student discounts help reduce total costs.
Expenses on accommodation, transportation, food, and personal costs are some of the essential factors to consider. To help you know your budget, you can compute it here.
Set aside funds for setup costs such as bond, basic furniture, and study materials. Build an emergency buffer to protect your study plans from unexpected expenses.