Cost of Studying In Australia For Indian Students In 2024

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Studying in Australia is the third most popular choice for Indian students. The universities in Australia have received a lot of hype in the applications from Indian students. Thanks to their world-class education, post-study work opportunities, and a friendly multi-cultural environment that the international students get to experience.

Australia offers a diverse range of study options, with over 1200 institutions and 20,000+ courses to choose from. Regardless of the course and duration of the study, Australian laws are set to promote quality standard education and protection for all their international students.

How much does it cost to study in Australia from India?

The cost of studying in Australia from India can vary widely depending on several factors such as the university, course, and location. However, it is also important to take in to consideration factors such as the cost of living that varies from individual to individual, based on their lifestyle choices and preferences.

The average living costs are generally estimated to be around 1,400 AUD to 2,500 AUD monthly, including expenses on food, accommodation, utilities, social activities, etc. Cities like Sydney, Melbourne, Canberra, Brisbane, and Adelaide are among the costlier or more expensive cosmopolitans. You can also get a lot of benefits by Studying in Australia as an Indian Student.

Here is a general overview of the Cost of studying in Australia for Indian students:

1. University (Tuition) fee

No doubt the highest contributor to the budget is the Tuition fee involved. This fee varies from university to university, the program selected, and its location. The total cost of MS in Australia for Indian students is pretty high, similar to medical degrees, MBAs, and other professional degrees. If you are applying for a scholarship, then you will have the benefit to pay less or get your degree sponsored, thus saving money.

2. Estimate the Rentals (Accommodation costs)

The accommodation expenses similar to those in our country vary based on the factors like regions, choice of location, etc. the rural region states located in northern and western Australia, are cheaper compared to the modern cities like Sydney where costs go high.

3. Food expenses

While budgeting your living expenses along with stay or accommodation expenses, you need to calculate the average food costs incurred while staying in the country.

4. Transportation

Transportation is another day-to-day budgeting aspect to account for. Based on the student’s choice of transportation their budget does show significant variations. The best is to opt for local transportation.

5. Average Utility and Bills

Including basic utilities in your budget is also important as these bills are like a breath of our everyday life. The amount you spend on utilities will depend on factors such as the number of people in your house, the provider you choose and the facilities your house includes.

6. Health Insurance

As per the Department of Immigration and Citizenship, it is mandatory for international students in Australia to have health insurance. This is known as Overseas Student Health Cover and is required as a condition of your student visa. The insurance must provide coverage for the entire duration of your stay in Australia and should include medical treatment, hospitalization, and prescription drugs. The cost of this cover accounts for roughly around 750 AUD yearly.

Australia's Best Student Cities in 2024 - QS

Universities in Sydney, and Melbourne have consistently been ranked among the world’s most student-friendly cities. According to the 2024 rating, Melbourne and Sydney are in sixth and eighth place, respectively, out of 115 cities that were assessed based on criteria such as affordability, desirability, safety, diversity, and employment chances post-study.

Source: www.aussian.com/city-best-live-australia/

The 7 cities that are ranked among the top 100 Best student Cities in Australia for International students are:

1. Melbourne

Melbourne is ranked top among the Australian cities. Placed at 6th rank this attractive destination city witnesses diversity in communities of students. The best universities in the city are Monash University, University of Melbourne, Deakin University, Swinburne University of technology, and many more.

The average living cost in the city includes 2,800 AUD – 3,500 AUD.

2. Sydney

One of the most sought-after study destinations, Sydney ranks 9th for the employer activity quotient. This is one of the most expensive cities in the country. A few of the best universities in the city include the University of Sydney, the University of New South Wales, Macquarie University, etc.

The average living cost here is between 3,000 AUD – 4,500 AUD.

3. Adelaide

Adelaide, the fifth largest city in the country as well has several high-ranked universities to brag about, like the University of Adelaide, the University of South Australia, and Flinders University.

The cost of living averages from 2,000 AUD to 3,500 AUD monthly.

4. Brisbane

Ranked 29th, Brisbane is the address of 3 famous universities attracting international students, namely the University of Queensland, Griffith University, and Queensland University of technology. The city offers the highest standards in terms of student friendliness and education quality making it the safest among the cities in the world.

The cost of living in the city monthly averages 2,500 AUD – 3,000 AUD respectively.

5. Canberra

Ranked 27th and 120th in the desirability and affordability ratio, the city is among the safe cities for students with all the welcoming culture one would look forward to. Address to universities like Australian National University and The University of Canberra, the city has attracted a fair share of international students’ attention.

The average cost of living in the city monthly is estimated between 2,700 AUD – 3,500 AUD.

6. Perth

This city is quite famous among international students and is consistently ranked among the top. The University of Western Australia always ranks in the race of the top 100 best universities around the world, the city as well has been a primary destination for international students.

The average cost of living in the city monthly is estimated between 2,500 AUD – 3,000 AUD.

7. Gold Coast

The city is one of the amazing places to house in, known as surfers paradise because of its beaches, the city is the address of a few best universities like Griffith University, Bond University, and Southern Cross University.

The average cost of living in the city monthly is estimated between 2,300 AUD – 3,000 AUD respectively.

Are you an Indian student planning to study abroad?

Studying in Australia can be a valuable experience for Indian students. However surviving in a foreign country can be quite challenging if not planned well in advance. Understanding the country and costing or accounting for the possible expenses likely to be incurred helps stabilize and balance ourselves in a foreign land.

Australia studies cost can be a bit expensive in a few aspects compared to other developed countries like the USA and the UK, but the country has a lot to give away in terms of experience and enrichment to all the international students welcomed.

By Adopting the right approach, studying in Australia can be a financially viable option for Indian students in 2024.