Whether you’re moving here from overseas, interstate, or you’ve grown up in Sydney, there are various weekly and monthly outgoings you'll need to budget for.
The Australian government website MoneySmart has lots of information and advice about a range of financial issues, including a section specifically for students on how to live on student budget.
The Australian government website Study in Australia also estimates general living costs for students. We have listed some categories below to help you plan ahead.
According to Care for Kids:
For international students, the Department of Home Affairs have set out financial evidence you must demonstrate. As a single student you must be able to show you have the financial capacity to cover living costs of at least $24,505 Australian dollars per year. There are additional costs for extra family members.
Using this amount as a guide, a single student living away from home will require at least $2042 per month for accommodation, food, utilities and entertainment. The actual costs will depend on your lifestyle choices and needs.
For detailed information, please see step 2 of the government's student visa step-by-step guide.