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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 Services.

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 sharehouse 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