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Home Student Finances

Cost of Living in Sydney [Updated 2023]

University Living by University Living
May 1, 2023
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Cost of Living in Sydney
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Sydney is a beautiful city and the capital of New South Wales. It is a popular student destination. And is ranked the fourth-best student city in the QS World Rankings.

Sydney is slightly more expensive compared to other cities in Australia.

On average, the estimated cost of living here for a single person will range between AUD 1,900 and AUD 2,500 per month.

This may look like an expensive cost of living in this city, but prices will vary based on your expenses.

Before we list the details of the cost of living in Sydney, let’s give you a brief picture of the costings.

Expense Cost
Average Tuition Fees AUD 20,000 – 50,000 / Year
Accommodation AUD 520 above / Week
Food AUD 300 / Month
Local Transport AUD 140 – 150 / Month
Utility bills AUD 200 above / Month
Internet and mobile phone AUD 50 – 150 / Month
Miscellaneous AUD 300 above / Month

Costs of Tuition Fees

tuition fee

Course and university prices will determine the cost of your tuition fees.

UndergraduationTuition Fee Post- Graduation Tuition Fee
AUD 15,000 to 33,000 / Year AUD 20,000 to 37,000 / Year

Student Accommodation Costs

The location, housing type, and facilities will determine your accommodation cost.  

1. Student Housing Price
Ensuite AUD 350 – 500 / Week
Studio AUD 300 – 500 / Week
2. Apartment Price
Private AUD 400 – 1,500 / Week
3. University Hall Price
Room AUD 200 – 900 / Week

Food

Eating in restaurants in Sydney is expensive. An average meal will cost AUD 30. Groceries will cost less. For instance, a litre of milk will cost you a dollar, a dozen eggs will cost you A$5, and a kilo of chicken will cost you A$11.

Transportation

transportation

Sydney has a good public transportation system. This includes buses, trains, trams, and ferries. Purchasing an Opal card will give you access to the city’s public transportation system. You can avail of a discount only if you receive an approved Australian Government scholarship.

Utility Bills

The cost of your utility bills in Sydney (gas, energy, insurance, etc.) will start from AUD 200 and above depending upon your usage.

Entertainment

When it comes to having a good time, Sydney has a lot to offer. A movie ticket here would cost you about AUD 15 per person, and a dinner for two would cost around AUD 56. If you are going to a downtown club, a drink will cost you AUD 18.

Miscellaneous

If you have met your cost of living expenses, it is advisable to have an extra budget of AUD 500 for your usage.

How to live on a budget in Sydney

Sydney is beautiful and comes with a price. But don’t you worry? There are ways that you can live on a budget, and enjoy living in Sydney without the financial burden. Here are some helpful tips for you:

Discounts

Avail them at shops and use them.

Look for affordable accommodations

There are many places to find affordable student accommodation in Sydney.

Eat home meals

Live healthily and save money by cooking and eating meals at home.

Transportation

 Use buses, trains, walking, or cycling. Find a way to cut travel costs.

 

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