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:
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.