Are you a student planning to study in Melbourne, the world’s third most liveable city in 2023? You must be buzzing with questions about the cost of living in Melbourne, right? Well, the average cost of living in Melbourne range from AUD 1,846 (INR 1,00,104) to AUD 2,710 (1,46,957 INR). With beautiful tourist attractions, safe accommodations, top-notch universities, and a diverse student community, Melbourne is considered a perfect destination for international students to study and live. But, is it going to dig a hole in your pocket? Not necessarily! The benefits of studying in Melbourne often outweigh the costs.
In this blog, we’ll take you through the average cost of living in Melbourne for students. We’ll cover everything from housing and transportation to education expenses, healthcare costs, university fees, entertainment, and finance tips. So, let’s begin and unfold every possible detail related to the cost of living in Melbourne. Keep reading to make your Melbourne journey an exciting reality!
What Is The Average Cost Of Living In Melbourne For Students?
The average cost of living in Melbourne, Australia, ranges around AUD 596 per month for off-campus, while on-campus accommodation is slightly higher at approximately AUD 1,460. For finding the best and most affordable accommodation in Melbourne, contact UniAcco. UniAcco is a global student accommodation leader offering premium housing near the top universities in Melbourne. With UniAcco, you can easily compare, consult with other students, and select your dream housing, all at affordable prices.
Following is the breakdown of the average living cost in Melbourne, which includes costs of food, transportation and other utilities and essentials that students may have while living here.
| Items | Cost Of Living In Melbourne (Monthly) |
| Off-Campus Accommodation | AUD 596 (32,315 INR) |
| On-Campus Accommodation | AUD 1,460 (79,141 INR) |
| Transportation | AUD 159 ( 8,644 INR) |
| Food Cost | AUD 754 (40,902 INR) |
| Utility Cost | AUD 160 (8,6747 INR) |
| Entertainment | AUD 66 (3,577 INR) |
| Groceries | AUD 160 (8,677 INR) |
| Clothes | AUD 110 (5,966 INR) |
| Total Cost of Living with Off-Campus Accommodation | AUD 1,846 (100,077 INR) |
| Total Cost of Living with On-Campus Accommodation | AUD 2,710 (146,848 INR) |
| Annual Cost of Living | AUD 22,152 (1,200,443 INR) |
Accommodation Costs In Melbourne
When it comes to living in Melbourne as a student, your accommodation plays a significant role in your Australia Melbourne cost of living.
Off-Campus Accommodation
- Total Cost: AUD 1,846 (INR 100103.69) per month
- Off-campus accommodation is like renting outside the university.
- Costs can vary based on the type of room you choose.
- This cost contributes to the cost of living in Melbourne by covering rent and utilities costs, so you’ll need to budget for other expenses like food, entertainment, dining out, phone, and health costs.
- Some off-campus options are conveniently located near the university, so you won’t spend extra on transportation.
If you are looking for affordable student accommodation in Melbourne, you might like Melbourne’s CBD, which is dotted with plenty of commercial student residences. These are specially designed accommodation options that cater to the needs and preferences of students, offering them comfortable rooms, shared facilities, and social activities.
Following is the list of some best and most reasonably priced student accommodation options.
| Accommodation | Location | Cost per Week |
| Scape Suites Aurora | 236 La Trobe Street, Melbourne VIC | From AU$ 699/week |
| Scape Carlton | 557 Swanston St, Carlton VIC 3053 | From AU$ 429/week |
| Scape Suites Franklin | 105 Franklin St, Melbourne VIC 3000 | From AU$ 609/week |
| Scape Victoria Street | 29 Victoria St, Melbourne VIC 3000 | From AU$ 350/week |
| Student Village Melbourne | 108-128 Leicester St, Carlton VIC 3053 | From AU$ 350/week |
These accommodations offer various features and price ranges, so you can choose the one that fits your budget and preferences. To find more such perfect student accommodation for yourself, visit UniAcco. You can discover 60+ student accommodation in Melbourne at affordable price on UniAcco with flexible payment options.
Transportation Costs
Transportation costs are a significant factor when calculating the average living cost Melbourne for Indian students. Melbourne is known for its excellent public transportation system, making it easy for Indian students to get around the city without needing a car. The monthly transportation cost is around AUD 159. The key to unlocking Melbourne’s various transportation options is a reusable public transport ticket called Myki.
Myki Ticket Costs
- One-Way Ticket: AUD 4.6
- Monthly Pass: AUD 165.6
Other Transportation Costs
- Taxi (per kilometre): AUD 3
- Taxi (Waiting for 1 hour): AUD 60
- Petrol (1 Liter): AUD 2.1
Education Cost In Melbourne
Studying in Melbourne can be a rewarding experience, but it’s essential to understand the costs involved. The average cost of studying in Melbourne ranges between AUD 1,846 (INR 100,107) to AUD 2,710 (146,957 INR).
Pre-arrival Cost of Studying In Melbourne
Melbourne is home to several prestigious universities, and here’s a breakdown of the expenses a student might encounter before arriving which will contribute to the cost of living in Melbourne:
- Application Fees: Most universities charge a non-refundable application fee, usually around 100 AUD per course.
- Standardized Exam Fees: Depending on your course and university requirements, you may need to take exams like IELTS, TOEFL, PTE, GMAT, or GRE, each with varying costs.
- Visa Fees: You’ll need to apply for a student visa (subclass 500), which costs approximately 630 AUD.
- Health Insurance: Overseas Student Health Cover (OSHC) is required and covers your medical expenses while studying. Costs vary by provider and the duration of your stay.
- Airfare: The cost of flying to Melbourne from India depends on factors like the airline, season, and booking time. On average, a one-way flight may cost around 500 AUD.
Fees At Leading Universities In Melbourne
Following is the table that provides a quick overview of the top universities in Melbourne, their global rankings, and tuition fees for international students.
| University | Global Ranking | Tuition Fee (International Students) |
| The University of Melbourne | 14th | Approximately 45,000 AUD per year |
| Monash University | 55th | Around 43,000 AUD per year |
| RMIT University | 223rd | Approximately 34,000 AUD per year |
| Deakin University | 275th | Around 33,000 AUD per year |
| La Trobe University | 398th | About 32,000 AUD per year |
| Swinburne University of Technology | 421st | Around 35,000 AUD per year |
Healthcare Cost
Before studying in Australia, it’s crucial to understand healthcare considerations and life cost in Melbourne. This includes healthcare expenses in Melbourne. Let’s now understand the healthcare considerations and expense structure of this city.
- Overseas Student Health Cover (OSHC) is mandatory for your student visa. It covers doctor visits, hospital expenses, ambulance services, and prescription medicines.
- OSHC costs vary by provider and stay duration. For reference, Medibank Private OSHC starts at 537 AUD annually.
- Some health services like dental care, optical care, and physiotherapy may not be covered. Costs depend on the provider and your needs.
- Your college or university might offer on-campus healthcare with free or low-cost consultations, referrals, prescriptions, and vaccinations. Contact your institution for details.
Entertainment Costs
Entertainment expenses are an important consideration for students in Melbourne, contributing to the overall cost of living in Melbourne. The city offers various options, including gym visits, movies, beach trips, and live events. Melbourne also offers many free or low-cost activities like museum visits and discounts for students. The cost depends on your preferences and frequency. Here are some average prices:
- Movies (student night): 7-9 AUD per ticket.
- Fitness: 15-30 AUD per month for gym membership or classes.
- Shows (comedy, plays, etc.): 50 AUD per ticket or more, depending on the venue’s popularity.
- Dining out: 15-25 AUD per meal at affordable or mid-range restaurants.
- Drinks: 5-10 AUD per drink at bars or pubs.
- Music: 10-50 AUD per ticket for local or international concerts.
- Sports: 20-100 AUD per ticket for cricket, rugby, soccer, or Australian rules football matches.
5 Effective Tips To Manage Expenses In Melbourne
The cost of living in Australia’s Melbourne city can vary depending on your lifestyle, preferences and needs. However, some effective tips can help you manage your expenses in Melbourne and enjoy your stay without breaking the bank. This includes
- Explore shared housing options or look outside the city centre for more affordable rent. Seek out rental deals and try negotiating with landlords for lower rates.
- Make a shopping list and plan your meals to help you avoid impulsive buys. Keep an eye out for supermarket deals, discounts, and specials. Consider visiting local markets for cost-effective fresh produce.
- Take advantage of student discounts available at cinemas, restaurants, retail stores, and transportation services. Always carry your student ID card to access these savings.
- Save money by buying second-hand items like furniture, electronics, clothing, and textbooks. Look for options on websites, in thrift stores, and through community marketplaces.
- Utilize mobile apps to track your spending and manage your budget. Stay informed about special deals and promotions from local businesses to make the most of your money.
Conclusion
Melbourne offers an enriching study abroad experience for students, balancing its world-class education and lifestyle with a relatively affordable cost of living. While expenses like accommodation, transportation, and education may seem substantial, the overall financial burden can be managed through careful planning, budgeting, and exploring various financial aid options. Additionally, the abundance of part-time work opportunities and Melbourne’s thriving student community provide ample avenues to support oneself while immersing in the city’s cultural tapestry. So, if you’re an aspiring student seeking a cosmopolitan and educationally stimulating environment, Melbourne awaits you with open arms, ready to make your study abroad dreams a reality.
FAQs
1. How much is the average living expenses in Melbourne for a student?
The average living expenses in Melbourne for a student is around AUD 549 (32,314 INR)- AUD 1,460 (79,141 INR) per month, which includes accommodation, food, transportation, utilities, entertainment and health insurance.
2. What are the main factors that affect the cost of life in Melbourne?
The main factors that affect the cost of life in Melbourne are your accommodation type and location, your lifestyle and preferences, and the exchange rate of your currency.
3. Are there part-time job opportunities for international students in Melbourne to help with living costs?
There are part-time job opportunities for international students in Melbourne to help with living costs, but they are subject to certain conditions and restrictions. Some of the common part-time jobs for international students in Melbourne are in the sectors of hospitality, retail, tourism, administration, and education.
4. How can I save money on food and groceries in Melbourne?
You can save money on food and groceries in Melbourne by cooking at home, buying in bulk, shopping at local markets or discount stores, and using coupons or loyalty cards.
5. How much should I budget for accommodation in Melbourne as a student?
The budget for accommodation in Melbourne as a student depends on the type and quality of accommodation you choose. PBSA typically offers more affordable and convenient options for students, with prices starting from AU$ 350 per week for a private room.
Thank you for reading about the “Cost Of Living In Melbourne For Students: 2023 Updated Guide.” If you’re interested in exploring more articles on related topics, we recommend checking out the below articles:
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