Budget Lifestyle
₹120,726/month
AUD 1,812/month
Location
Select either City or University
or
Food
Accommodation
Utilities
Transport
| Key | Estimate Basis |
|---|---|
| Food | Restaurant + fast food frequency |
| Accommodation | Selected rent type |
| Utilities | Selected utility mix |
| Transport | Taxi km usage |
Monthly Cost Breakdown in Melbourne (2026)
| Category | Amount |
|---|---|
| Accommodation | ₹60,835 |
| Food | ₹38,632 |
| Utilities | ₹21,258 |
| Transport | ₹0 |
| Total / month | ₹120,726 |
| Total / year | ₹1,448,720 |
Financial Planning for Studying in Melbourne
Estimated yearly living cost in Melbourne: AUD 14,790 (₹985,130). Use this baseline to plan your education loan amount along with tuition and one-time visa/deposit costs.
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How to calculate Costs:
Select Location
Select your university, or choose a country and city from the dropdowns.
1
Adjust Lifestyle
Adjust your lifestyle — accommodation type, meals, utilities, and transport.
2
See Estimate
See your estimated monthly and annual cost in local currency and INR instantly.
3
Plan Loan
Use the result to decide your loan amount, then check your eligibility in 2 minutes.
4
Cost of Living in Melbourne vs India
| Item | Melbourne | India (metro avg) |
|---|---|---|
| Overall (monthly) | ₹82,094 | ₹35,000 |
| Overall (yearly) | ₹985,130 | ₹4,20,000 |
India figures are approximate estimates for an urban student lifestyle.
Melbourne vs Other Cities in the Australia
Student Tips:
Is Melbourne expensive for students?
Melbourne is expensive but slightly more affordable than Sydney. It offers a good balance between cost and student lifestyle.
How much does it cost to live in Melbourne per month?
Monthly expenses usually range from AUD 1,600 to AUD 2,700 (₹95,000–₹1.5 lakh approx.), depending on accommodation and lifestyle.
Can part-time jobs cover living expenses in Melbourne?
Partially. Students can cover daily expenses and part of their rent, but full coverage is difficult without additional financial support.
Study in Melbourne
FAQ's
Is Melbourne expensive for students?
Melbourne is expensive but slightly more affordable than Sydney. It offers a good balance between cost and student lifestyle.
How much does it cost to live in Melbourne per month?
Monthly expenses usually range from AUD 1,600 to AUD 2,700 (₹95,000–₹1.5 lakh approx.), depending on accommodation and lifestyle.
Can part-time jobs cover living expenses in Melbourne?
Partially. Students can cover daily expenses and part of their rent, but full coverage is difficult without additional financial support.
How does the cost of living in Melbourne compare to other cities in Australia?
Melbourne is slightly cheaper than Sydney but more expensive than cities like Adelaide or Perth.
How can students reduce living expenses in Melbourne?
Choosing shared housing, using public transport passes, and controlling discretionary spending can help manage costs.
These figures are planning estimates and can vary by lifestyle, location within city, and market conditions.
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