Living Expenses

The figures below act as a guide to compare the cost of living for a single student in a student apartment or renting a private property.

When comparing costs, please bear in mind: 

  • all figures are in Australian dollars
  • costs will vary depending on location, lifestyle and preferences
  • rent is calculated on a 52-week basis
  • all costs are subject to an additional 10% Goods and Service Tax (GST).

Living expenses comparison

Establishment Costs Student Apartment (PBSA) Private Rental
Bond/deposit calculation (refundable).  
Further details can be found here:  Consumer Affairs
weekly rent x 4.333 weekly rent x 4.333
Utility connection (electricity & gas) included 150 - 200 pm
Furniture & household goods (not whitegoods) included 2,500
Books, stationery, equipment 600 - 700 600 - 700
Clothes 850 850
Accommodation fee 15,600 - 36,296 pa 15,600 - 36,296 pa
Food (includes snacks) from 100 pw  from 100 pw
Travel (does not apply to students in walking distance) from 46 pw from 46 pw
Gas, electricity, water included 150 - 200 pm 
Mobile Telephone 30 - 70 pm 30 - 70 pm
Internet (may be included in the rent, check with the acommodation) included from 60 pm
Miscellaneous expenses (medical, movies etc) 150 150


For more information on the cost of living in Australia and price summaries, please visit Cost of Living in Victoria.