It is a good idea to plan and prepare a budget before you arrive. Your tuition and study fees do not include personal costs like accommodation, food, and other things you will need while in Australia.
You can use these tables to help prepare a budget. However, these figures are only estimates; costs will vary depending on your location and your lifestyle. Rent, for example, is more expensive in Melbourne than it is in a regional area. You may need to add other items to your budget, like ongoing mobile phone and internet fees. All costs are subject to inflation.
If you would like more advice about the cost of living, contact Monash Residential ServicesThis is an external link.
On-campus single living
| Costs | Yearly A$ |
|---|---|
| Accommodation fees during academic year (40–43 weeks) (Based on Clayton campus. See costs for all campuses) |
8,452 |
| International student health cover (OSHC) | 380 |
| Groceries | 3,800 |
| Food (lunch from Monday to Friday) | 3,600 |
| Books, stationery and equipment | 1,200 |
| Clothing | 960 |
| Miscellaneous (such as entertainment and personal items) | 4,200 |
| Total yearly cost | 22,592 |
Off-campus living – based on renting a share house with two others
Establishment costs (once only)
| Establishment costs | One-off costs A$ |
|---|---|
| Bond (one month's rent) | 600 |
| Telephone, internet and utilities connection fees | 150 |
| Setting up the house (e.g. buying furniture and linen) | 1,000 |
Ongoing costs
| Costs | Yearly A$ |
|---|---|
| Rent (52 weeks) | 7,800 |
| Travel | 3,000 |
| International student health cover (OSHC) | 380 |
| Groceries and bills | 4,200 |
| Food (lunch from Monday to Friday) | 3,600 |
| Books, stationery and equipment | 1,200 |
| Clothing | 960 |
| Miscellaneous (such as entertainment and personal items) | 4,200 |
| Total yearly costs (including establishment) | 27,090 |
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