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How much does it cost to study abroad, and what expenses should I budget for in USA for a Master's?

03 Aug 2026 · Answered by Abhishek Mehta · 1 min read
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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.

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