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Cost of Living in Melbourne for Students

April 11, 2020 5 Mins Read
Updated On: May 23, 2025

Cost of living in melbourne

Table of Contents

  • Costs of Tuition Fees in Melbourne
  • Student Accommodation Costs in Melbourne
    • Student Housing
    • Private Apartment
    • University Halls
  • Cost of Living in Melbourne for Students: Key Categories
  • How to live on a budget in Melbourne?

Melbourne is a world-renowned student city, offering a vibrant and diverse learning environment. Home to top-ranked universities, including the University of Melbourne and Monash University, Melbourne provides students with access to cutting-edge research, academic excellence, and career opportunities.

With a range of student accommodation Melbourne options and a well-connected public transportation system, Melbourne is an ideal destination for students from around the world. Its welcoming and inclusive atmosphere makes it easy for students to feel at home.

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However, Melbourne can be quite expensive for students moving abroad on a tight budget. On average, the estimated cost of living in Melbourne can range from AUD 1,200–2,500 per month. The exact cost depends on various factors and varies from student to student. Factors such as accommodation, food choices, transport options, leisure and more can significantly impact a student’s cost of living in Melbourne. To understand how much it can cost you as per your lifestyle, give our Cost-of-Living Calculator a chance to calculate your average living expense.

Now, let’s take a look at some of the living expenses in Melbourne for students: 

Expense Category Estimated Cost (AUD) per month 
Accommodation 500–1,800 
– Shared Apartment/House 500–1,200 
– Purpose-Built Student Accommodation (PBSA) 1,200–1,800 
– University-Managed Housing 1,000–1,500 
Utilities 130–260 
– Electricity, Gas, and Water 100–200 
– Internet 30–60 
Food and Groceries 300–500 
Transport 60–120 
– Public Transport (Student Concession) 60–120 
– Cycling (One-Time Bike Purchase) Free (AUD 100–300 upfront) 
Study Materials 50–150 
Entertainment and Socializing 100–250 
– Cinema/Concerts 50–100 
– Socializing (cafes, events) 50–150 
Fitness and Wellness 20–60 
Miscellaneous 70–160 
– Mobile Phone Plans 20–50 
– Health Insurance (OSHC) 40–60 
– Personal Care and Clothing 50–100 
Total Estimated Cost 1,200–2,500 

Costs of Tuition Fees in Melbourne

Melbourne, a vibrant hub for world-class education, is home to some of Australia’s top universities. Understanding the costs of tuition fees is essential for international students planning to study in this dynamic city. Here’s a breakdown of what you can expect, helping you plan your budget effectively. 

Program Estimated Tuition Fees (AUD) 
Undergraduate (UG) 20,000–45,000
Postgraduate (PG) 22,000–50,000

These estimates vary depending on the university, course, and field of study. Programs such as medicine and engineering may have higher fees. 

Student Accommodation Costs in Melbourne

There are countless accommodations in Melbourne for international students. Keeping in mind that students have different preferences for their stay, the city has all kinds of options available. Whether you wish to live in the city or in the suburbs, finding accommodation in Melbourne is a task of just a few clicks. 

Student Housing

Student housing offers the perfect blend of comfort and convenience, providing you with a spacious home equipped with top-notch modern facilities. With a variety of options to suit your preferences, you can enjoy the vibrant experience of communal living alongside fellow students. 

Most student accommodations are conveniently located within 3 miles of the city center, ensuring easy access to universities and amenities. For those seeking quieter surroundings, options farther out, up to 20 miles from the city center, are also available. 
 

Student Housing Price 
Ensuite / Studio A$950 – A$1,450 / Month 

Private Apartment

Opting for a private apartment in Melbourne offers students a self-contained living space, providing greater independence and privacy compared to shared accommodations. These apartments typically include essential amenities such as a bedroom, bathroom, kitchen, and living area, allowing students to create a personalized and comfortable environment conducive to their study and lifestyle needs. 

Apartment Price 
Private A$1,825 – A$2,300 / Month 

University Halls

University halls are on-campus accommodations designed to provide students with convenient and supportive living spaces. They typically offer furnished single or shared rooms with access to communal areas like kitchens, study spaces, and lounges. Proximity to lectures and university facilities makes them a time-saving option, especially for first-year students. 

University Hall Price 
Ensuite / Studio A$1,200 – A$1,800 / Month

[Read Also: Top 5 Student Accommodations in Melbourne] 

Cost of Living in Melbourne for Students: Key Categories

1. Food

The cost of food in Melbourne can vary depending on whether you cook at home or eat out: 

  • Groceries: Shopping at supermarkets like Coles, Woolworths, or Aldi costs around AUD 300–500 per month, depending on your eating habits. 
  • Dining Out: A meal at an affordable restaurant cost about AUD 15–25, while a coffee or snack ranges from AUD 4–6. Opting for home-cooked meals is a more budget-friendly option for students. 

2. Transport

Melbourne’s efficient public transport system makes getting around the city easy and affordable for students: 

  • Myki Card (Student Concession): AUD 60–120 per month for unlimited travel within Zones 1 and 2. 
  • Cycling: Melbourne is bike-friendly, and purchasing a bike (AUD 100–300 upfront) can eliminate daily transport costs. 
  • Walking: For students living near campus, walking is free and convenient. 

3. Utility Bills

Utilities are typically included in the rent for purpose-built student accommodations, but private rentals may require additional budgeting: 

  • Electricity and Gas: AUD 100–200 per month, depending on the season and usage. 
  • Water: AUD 20–40 per month (often included in rent). 
  • Internet: AUD 30–60 per month for a broadband connection. 

4. Entertainment

Melbourne offers a vibrant social scene with activities to fit various budgets: 

  • Cinema/Events: Tickets for movies or concerts range from AUD 15–50, with student discounts available at many venues. 
  • Dining and Socializing: A night out with friends, including food and drinks, costs around AUD 30–60. 
  • Free Activities: Enjoy free options like exploring the city’s parks, art galleries, and cultural festivals to make the most of Melbourne without overspending. 

By budgeting carefully for these categories, students can enjoy life in Melbourne while managing their expenses effectively. 

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How to live on a budget in Melbourne?

Living in Melbourne as a student doesn’t have to break the bank. With smart planning and a few lifestyle adjustments, you can make the most of your experience without overspending. Here are some practical tips to help you live comfortably on a budget while studying in this vibrant city. 

  • Shared Accommodation: Save on rent by sharing a house or apartment with other students. Popular areas like Brunswick and Carlton offer affordable options. 
  • Student Discounts: Use your student ID for discounts on transport, entertainment, and dining. Many cafes and shops near campuses offer student deals. 
  • Home-Cooked Meals: Cooking at home is cheaper and healthier than eating out. Shop smart at Aldi or local markets and meal prep to avoid unnecessary expenses. 
  • Affordable Transport: Use a Myki Concession Card for discounted public transport, cycle on Melbourne’s bike paths, or walk if you live near campus. 

With these tips, you can enjoy Melbourne while staying within your budget! 


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