How much does it cost to live in Australia?
Estimated monthly costs based on 2026 data. Useful for visa financial evidence and budgeting before you arrive.
Monthly breakdown — Melbourne
Student visa (500) context
⚠ At minimum wage with student visa work limits, income may not cover estimated expenses in Melbourne. This is why the Department of Home Affairs requires evidence of AUD $21,041 in savings per year for student visa applications.
📋 Visa financial evidence requirement
For a Student visa (500), you must show evidence of at least AUD $21,041 per year for living costs, plus tuition fees and return airfare. This calculator can help you understand and plan for these requirements. Always verify current amounts at immi.homeaffairs.gov.au.
Estimates based on 2026 median rental data (Domain, REA), ABS household expenditure data, and PTUA transport pricing. Figures are indicative — actual costs vary significantly by suburb, lifestyle, and individual circumstances.