How much does it cost to study abroad, and what expenses should I budget for in USA for a Master's?
Studying abroad is a major financial investment. Here’s a typical cost breakdown for a master's in the USA:
- Tuition: $25,000 - $60,000/year, depending on university type and program.
- Living expenses: $8,000 - $12,000/year for on-campus housing; off-campus rent is $600 - $1,200/month. Food, transport, utilities, and personal expenses add about $550 - $1,100/month.
- Health insurance: $1,500 - $3,500/year (mandatory).
- Books and supplies: $500 - $1,200/year.
- Visa and SEVIS fees: About $510 (subject to change).
- Flights: ₹40,000 - ₹1.2 lakh round-trip (varies by season and airline).
Total annual budget typically ranges from $45,000 to $80,000 (₹42 lakh to ₹75 lakh), but this varies by university, city, and lifestyle.
These figures are estimates and subject to change.
Got a budget of 40 to 50 lakhs? See what the USA costs.
Full tuition and living breakdown, plus universities that fit your number.
More Cost & living questions
- Is it better to spend 12 lakhs in India or go abroad for higher studies in Germany for a Master's?
- Does the agency provide end-to-end services including visa, loan guidance, and accommodation?
- How do US universities evaluate Indian LLM applicants differently from UK or European law schools?
- What is the fee range for a one-year MBA course compared to a two-year course in UK?
- Do I need to show living expenses in my bank account for visa purposes, and can I withdraw it after reaching Ireland?
- How do I get an education loan for an MBA abroad as an Indian student?
- What is the minimum budget required for studying abroad in Canada or Ireland for two years?
- Can I apply for an education loan up to 30 to 35 lakhs or 30 to 40 lakhs budget?
More USA questions
- Which universities in the USA offer MS Engineering Management for a B.Tech Automotive Engineering graduate, Duolingo 120 and ₹80 lakhs budget?
- Is the USA the best country option for my AI or data science master's program, or should I consider other countries in UK/Canada?
- What are the differences in career opportunities and PR options between Germany and Canada?
- What are the visa application chances and procedures for USA compared to Australia?
- Is the scholarship available for the next intake in USA for a Master's?
- Will I be eligible for a post-study work permit after completing my master's degree in history in USA?
- What are the total annual fees of Harvard University in Indian rupees for Indian students?
- Would you like to consider UK universities as an option for your MSc in Biotechnology or related fields?
