Cost Of Living For a Student in Sydney 2025
Average Monthly Expenditure
Currency: AUD
Average monthly spending for students in Sydney
How much money does a student need in a month to survive in Sydney?
Students in Sydney spend around 4,200 AUD per month on average. Depending on the lifestyle, a student can survive with a monthly budget as low as 640 AUD or as high as 46,000 AUD. Location is a very important factor and has a huge influence on expenditure and budget.
A typical and healthy budgeting structure
The 50/30/20 rule
Spending among different people can vary significantly based on factors such as their income, lifestyle,
location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule,
which suggests allocating your income into three main categories in the following percentages.
50% for needs and financial obligations
This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.
30% for wants and discretionary spending
This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.
20% for savings and emergency fund
This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.
About financial planning, money management, and household budgeting
The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.
Affordable living in Sydney
Income and cost of living compatibility
We asked students one simple question and recorded their answers.
Is it affordable or economical to live in Sydney?
Around 78% of surveyed students think that living in Sydney is affordable with proper budgeting while 22% reported that it is just too expensive and not affordable even with frugality and thriftness.
How do students spend their money in Sydney?
We asked thousands of students about their spending habits and expenditure break down.
Housing and accomodation expenditure for students
Accomodation Cost20%
20% of total expenses on average (15% to 26%)
| LOW | $100 150 AUD |
| AVERAGE | $650 1,000 AUD |
| HIGH | $7,200 11,000 AUD |
| Per Month |
Students in Sydney typically spend from 15% to 26% of their total monthly expenditure on housing with 20% being the average. The average monthly spend on housing is 1,000 AUD with expenditure ranging from 150 AUD to 11,000 AUD. This cost mainly goes for rent but it also includes other accommodation-related expenses.
Electricity, utilities, energy, water, internet, and mobile expenditure for students
Cost of utilities6%
6% of total expenses on average (4% to 10%)
| LOW | $15 23 AUD |
| AVERAGE | $96 150 AUD |
| HIGH | $1,100 1,600 AUD |
| Per Month |
Utility expenditure like electricity, water, and gas in Sydney ranges from 4% to 10% of total expenses with 6% being the average for most students. The average monthly cost of utilities is 150 AUD with 23 AUD and 1,600 AUD being the upper and lower limits for a student of four.
Transport, fuel, and commute expenditure for students
Cost of transport and fuel5%
5% of total expenses on average (5% to 11%)
| LOW | $28 43 AUD |
| AVERAGE | $180 280 AUD |
| HIGH | $2,000 3,100 AUD |
| Per Month |
Fuel consumption and cost of transport depend heavily on whether a student resides near school and work, but roughly speaking a student would expect to spend from 43 AUD to 3,100 AUD in a month on commuting with 280 AUD being the norm for most students. This means that money spent on transport constitutes about 5% of total spending on average but can go as low as 5% or as high as 11%.
Food, groceries, and basic shopping expenditure for students
Food and Groceries Cost22%
22% of total expenses on average (16% to 26%)
| LOW | $78 120 AUD |
| AVERAGE | $500 780 AUD |
| HIGH | $5,600 8,600 AUD |
| Per Month |
The average outlay on groceries and basic houshold items for a typical student in a month in Sydney is 780 AUD. The cost of groceries can range between 120 AUD to 8,600 AUD. Students spend on average about 22% on food and groceries with upper and lower bounds of 16% and 26% respectively.
Healthcare and medical services expenditure for students
Cost of healthcare8%
8% of total expenses on average (5% to 11%)
| LOW | $21 32 AUD |
| AVERAGE | $130 210 AUD |
| HIGH | $1,500 2,300 AUD |
| Per Month |
Students in Sydney allocate 5% to 11% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 8%. The range of medical expenses range from 32 AUD to 2,300 AUD with 210 AUD being the norm for most students.
Leisure and shopping expenditure for students
Cost of leisure and shopping3%
3% of total expenses on average (2% to 7%)
| LOW | $19 30 AUD |
| AVERAGE | $130 190 AUD |
| HIGH | $1,400 2,200 AUD |
| Per Month |
This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 30 AUD to 2,200 AUD with 190 AUD being the average. Speaking of percentages, that equates to 2% to 7% of total expenses with an average of 3% for most students.
Education and schooling expenditure for students
Cost of education and schooling19%
19% of total expenses on average (12% to 24%)
| LOW | $74 110 AUD |
| AVERAGE | $480 740 AUD |
| HIGH | $5,300 8,200 AUD |
| Per Month |
Spending on education can vary drastically between different students. On average, education constitutes 19% of the monthly expenditure of students with 12% and 24% being the lower and upper bounds respectively. The average reported education cost is 740 AUD per month with 110 AUD being the minimum spent amount and 8,200 AUD being the maximum.
Other Expenses17%
17% of total expenses on average (11% to 23%)
| LOW | $61 95 AUD |
| AVERAGE | $400 610 AUD |
| HIGH | $4,400 6,800 AUD |
| Per Month |
Low-cost alternatives in Sydney
People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked students how easily cost-cutting is and the answers were distributed as follows:
Plenty of low-cost options61%
Few low-cost options39%
Based on the survey, 61% of the students living in Sydney have no problem finding low-cost alternatives to support a frugal lifestyle while 39% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.
Prices and cost of goods and services in Sydney
Dining, food, and beverages costs
Fast food combo meal
Restaurant meal for one
Fine dining meal for one
Cappuccino or latte
Grocery and market costs
Milk large bottle
12 eggs
Fresh whole chicken
Pack of beef
Medium bag of rice
Bag of tomatos
Bag of apples
Commute, travel, and transportation costs
20 minutes taxi ride
Average car full tank
Average car 1-day rental
Average car price
| 19,000 AUD | 38,000 AUD | 51,000 AUD |
Bus ticket one way
Car Service
Utility cost (monthly)
Utility Bill - Student
Internet and cable
Mobile phone charges
Leisure and activities costs
Movie ticket
One month gym membership
Cloths and accessories costs
Pair of jeans or pants
Woman dress
Woman shoes
Men's shoes
Men suit
Regular t-shirt
Housing costs / monthly rent
Studio apartment
| 760 AUD | 1,100 AUD | 3,000 AUD |
1-bedroom apartment
| 1,200 AUD | 1,900 AUD | 4,700 AUD |
2-bedroom apartment
| 1,600 AUD | 2,400 AUD | 6,400 AUD |
Housing costs / Buying
Studio apartment
| 160,000 AUD | 240,000 AUD | 480,000 AUD |
| $100,000 | $160,000 | $310,000 |
1-bedroom apartment
| 200,000 AUD | 330,000 AUD | 1.2M AUD |
| $130,000 | $210,000 | $800,000 |
2-bedroom apartment
| 300,000 AUD | 910,000 AUD | 1.8M AUD |
Furniture Costs
King Size Bed
| 780 AUD | 980 AUD | 1,300 AUD |
Double Bed
| 540 AUD | 800 AUD | 1,000 AUD |
Single Bed
Living Room
| 940 AUD | 1,200 AUD | 4,200 AUD |
Dining Table
Sofa or Couch
| 540 AUD | 730 AUD | 1,600 AUD |
Electronics and House Appliance Costs
TV Set
| 540 AUD | 810 AUD | 1,600 AUD |
Fridge or Freezer
| 490 AUD | 750 AUD | 1,000 AUD |
Washing Machine
| 590 AUD | 850 AUD | 1,500 AUD |
Stove or Cooker
Mobile Phone
| 670 AUD | 810 AUD | 1,200 AUD |
Laptop or Computer
| 750 AUD | 920 AUD | 1,700 AUD |
Emergency Funds For Students
An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked students whether they have an emergency fund and the answers were as follows.
Yes75%
No25%
Based on the survey, 25% of the students living in Sydney said that they don't have an emergency fund while 75% said that they do.
Financial Literacy in
Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.
Financial Leteracy73%
We asked student guardians and parents in Sydney whether they acquired any adequate personal financial training in their lives. Approximately 27% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 73% said that they know about the general principles of personal finance from sources other than their own experience.
Difficulty in Budgeting and Financial Planning
We wanted to understand whether students of have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 27% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 73% said that they have everything under control.
Struggles with finance27%
Easily manages finances73%
Housing costs, accommodation, and housing affordability in Sydney
Rental costs and house/apartment prices can vary drastically between different areas and locations.
Rent Cost in Sydney
Monthly Rent Prices
Studio apartment monthly rent cost
| 760 AUD | 1,100 AUD | 3,000 AUD |
1-bedroom apartment monthly rent cost
| 1,200 AUD | 1,900 AUD | 4,700 AUD |
2-bedroom apartment monthly rent cost
| 1,600 AUD | 2,400 AUD | 6,400 AUD |
3-bedroom apartment monthly rent cost
| 2,000 AUD | 3,300 AUD | 8,900 AUD |
Furnished apartment monthly rent cost
| 3,700 AUD | 9,300 AUD | 19,000 AUD |
Townhouse monthly rent cost
| 3,100 AUD | 4,600 AUD | 13,000 AUD |
House monthly rent cost
| 3,800 AUD | 9,400 AUD | 19,000 AUD |
Villa monthly rent cost
| 4,600 AUD | 11,000 AUD | 18,000 AUD |
The monthly rental cost of a studio apartment in Sydney ranges between 760 AUD and 3,000 AUD, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 1,200 AUD to 4,700 AUD. Two-bedroom rentals rate ranges between 1,600 AUD and 6,400 AUD per month. The monthly rental for a three-bedroom apartment ranges from 2,000 AUD to 8,900 AUD. The average rent of a townhouse in Sydney is around 4,600 AUD while house rental costs can be as high as 9,400 AUD per month. Finally, if you want to rent a villa, expect to pay anywhere from 4,600 AUD to 18,000 AUD per month.
Apartment and house prices in Sydney
Cost of buying a property
Studio apartment price
| 160,000 AUD | 240,000 AUD | 480,000 AUD |
| $100,000 | $160,000 | $310,000 |
1-bedroom apartment price
| 200,000 AUD | 330,000 AUD | 1.2M AUD |
| $130,000 | $210,000 | $800,000 |
2-bedroom apartment price
| 300,000 AUD | 910,000 AUD | 1.8M AUD |
3-bedroom apartment price
Townhouse price
| 1.4M AUD | 3.2M AUD | 12M AUD |
House price
| 1.6M AUD | 9.8M AUD | 14M AUD |
Villa price
The average price of a studio apartment in Sydney can range from 160,000 AUD to 480,000 AUD depending on location. One bedroom cost can be anywhere from 200,000 AUD to 1.2M AUD. A villa can cost you 11M AUD on average with prices ranging from 2M AUD to 16M AUD.
If you're leasing or purchasing, housing costs in Sydney will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.
House / apartment prices to income ratio
Property price to income ratio
( average property price / average monthly income ) x 100
| 57 | x167 monthly income | 291 |
Property prices in Sydney can be x167 to x291 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x167 multiples of the average monthly salary in Sydney.
Rent to income ratio
Rent to income ratio
( monthly rental / monthly income ) x 100
The average rent-to-income ratio in Sydney is around 39%. This means that people pay 39% of their income for rent. Those figures can range from 27% to 51% depending on the salary, location, and type of property.
The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.
Housing affordability index
The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.
Housing Affordability Index
30% Property Taxes
Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.
Home Maintenance Costs
Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.
Urban vs. rural living costs
Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.
Monthly costs and expenses of energy and basic utilities in Sydney
Utilities expenditure can vary slightly between different areas and locations.
Energy, electricity, water, gas, internet, and mobile cost in Sydney
Utility Bill Cost / Electricity + Water + Gas / Student
Internet and cable cost
Mobile phone bill and charges
Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.
The average monthly energy and water consumption of students is around 150 AUD. The cost of internet and WiFi ranges from 41 AUD to 110 AUD with 83 AUD being the average internet bill. Finally, the average monthly mobile charges is around 45 AUD but can range between 27 AUD and 140 AUD depending on consumption. Mobile charges include both calling minutes as well as data packages.
Energy / Utility expense to income ratio
( monthly utility expenses / monthly income ) x 100
The average utility-to-income ratio in Sydney is around 5.9%. This means that people pay 5.9% of their income for energy, water, internet, and mobile charges. Those figures can range from 2.4% to 11% depending on salary and location.
Food Prices, Dining Expenses, and Grocery Costs in Sydney
Grocery / Food expenditure and prices can vary drastically between different areas and locations.
Prices and cost of goods and services in Sydney
Dining out, food, and beverages costs. Price variations for common food items.
Fast food combo meal price
The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Sydney is approximatly 16 AUD with meal cost ranging from 7.9 AUD to 26 AUD. The typical combo meal consists of a burger, french fries, and a drink.
Restaurant meal for one price
If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 28 AUD and 83 AUD with 41 AUD being the average price of a plate for one person at a regular restaurant in Sydney.
Fine dining meal for one price
The price range of a meal at fine-dining restaurant is 53 AUD to 320 AUD with the average cost being 79 AUD for one person. This is what you would expect to pay a top-tier diner in Sydney.
Beverage prices, cappuccino, latte etc..
The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Sydney is around 11 AUD. Price ranges between 6.8 AUD and 16 AUD depending on the type of beverage, the size, and optional add-ons.
Grocery and market costs
Large bottle of milk price
The average price of a large bottle of milk in Sydney is 6.6 AUD. The maximum what you would pay for milk is 8.3 AUD and the minimum being 5.5 AUD depending on the brand of milk and other properties.
12 eggs price
A dozen eggs costs around 5.2 AUD on average with 3.9 AUD and 7.9 AUD being the lower and upper limits respectively.
Fresh whole chicken price
The price range of a fresh whole chicken in Sydney is between 9.4 AUD and 17 AUD depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 12 AUD.
Pack of beef price
The price of a regular pack of beef or meat is around 17 AUD. A pack of beef contains around 1Kg or 1lb depending on packing.
Medium bag of rice price
A bag of rice in Sydney costs around 5.7 AUD on average with prices rangeing between 4.2 AUD and 8.1 AUD depending on the brand and quality.
Bag of tomatos price
A bag of tomatoes costs anywhere from 1.6 AUD to 4 AUD. A bag of tomatoes denotes 1Kg or 1lb depending on location.
Bag of apples price
A bag of apples costs 3.8 AUD on average. A bag of apples denotes 1Kg or 1lb depending on location.
Expenditure on food and grocery for students
Students' spending on grocery ranges from 120 AUD to 8,600 AUD with the location, income, and size of the student being the most determinite factors.
Published: February 15, 2024 Last Update: May 4, 2025
