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I want to know the budget for studying in my target countries, can you provide that in Australia?

07 Sept 2026 · Answered by Swastika Ghosh · 2 min read
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Studying in Australia typically needs an annual budget of AUD 45,000 to 85,000 in total. Bachelor's tuition runs AUD 20,000 to 45,000 a year, Master's runs AUD 22,000 to 50,000, and living costs add another AUD 25,000 to 35,000 plus mandatory health cover and visa fees.

Swastika Ghosh
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Your total study budget for Australia typically falls between AUD 45,000 and 85,000 a year, and where you land in that range depends heavily on your degree level, university, and city. Here is the full breakdown so you can build a realistic number for your own plan.

Tuition Fees By Degree Level (Annual)

Degree LevelTuition Range (AUD)
Bachelor's20,000 to 45,000 per year (humanities and business lean lower, engineering and sciences lean higher)
Master's22,000 to 50,000 per year (MBAs and specialized IT or data science programs can reach 55,000+)
PhD18,000 to 52,000 per year, though many international research students secure fee-waiver scholarships

Living And Mandatory Costs To Budget For

  • Living costs: the government requires proof of at least AUD 29,710 per year, though comfortable living in major cities runs AUD 25,000 to 35,000
  • Accommodation: AUD 10,000 to 25,000 per year, with shared or regional housing far cheaper than central Sydney or Melbourne apartments
  • Food, transport, and utilities: roughly AUD 5,000 to 8,000 for food, AUD 1,000 to 2,000 for transport, and AUD 800 to 1,200 for utilities annually
  • Mandatory extras: Overseas Student Health Cover (AUD 600 to 1,000 per year), the subclass 500 visa fee (approximately AUD 1,600), and AUD 2,000 to 5,000 for flights, rental bonds, and initial setup

My Advice

Add up your specific degree's tuition range with the AUD 25,000 to 35,000 living cost band plus the one-time visa and setup costs, and build in a buffer above the government's minimum AUD 29,710 living cost requirement. Tighten this into an exact yearly figure by pricing your target city and degree separately, since tuition and rent vary sharply between the big capitals and regional campuses.

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