Words by: Benjamin Kassel
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Melbourne is consistently ranked as one of the world’s best student cities, known for its cultural diversity, global universities, and vibrant lifestyle. While Melbourne is more expensive than smaller Australian cities, careful budgeting makes it a manageable and rewarding place for international students to live and study.
In 2026, international students in Melbourne typically spend between $2,200 and $3,200 per month, depending on accommodation choice, lifestyle, and transport needs.
Accommodation is usually the largest expense for students in Melbourne.
Purpose-built student accommodation typically ranges from $300–$450 per week, depending on location and room type. Shared apartments often cost between $250–$350 per week, while private rentals can be higher.
Many students choose accommodation close to universities to reduce commuting time and transport costs.
On average, students spend around: $1,300–$1,900 per month on accommodation
Food costs in Melbourne are similar to other major Australian cities.
Students typically spend:
Monthly food spending usually falls between: $400–$600 per month
Cooking at home regularly is one of the easiest ways to manage the cost of living in Melbourne.
Melbourne has an extensive public transport system of trains, buses, and trams using the Myki card.
Students can learn more here.
Weekly student transport costs usually range between: $30–$45 per week
Melbourne’s free tram zone in the CBD also helps students save money when travelling within the city centre.
Utilities, Internet, and Phone Plans
Students renting privately may need to pay utilities separately.
Typical monthly costs:
Average monthly cost: $140–$220
OSHC remains a required expense for international students.
Typical monthly cost in 2026: $45–$65
Melbourne offers a wide range of affordable student activities, from markets and festivals to museums and parks.
Typical monthly lifestyle spending:
Estimated monthly total: $250–$400
Estimated total: ~$2,795 per month
Why Melbourne Is Popular with International Students
Melbourne offers a strong student community, excellent public transport, and world-class universities. While living costs are higher than in Adelaide or Perth, the city provides outstanding academic and career opportunities.
With proper budgeting, Melbourne remains one of the most exciting cities in Australia for international students.