While studying in Australia is a cheaper option for students, the country has a higher-end lifestyle. It is, in fact, the 10th most expensive country to live in. It is the home of some of the costliest cities in the world. However, they do have affordable destinations as well. The Department of Education of Australia presents its stats with 7,46,080 international students in the first quarter of 2023. The average cost of living in Australia for international students ranges between AUD 30,000 to AUD 34,000, or INR 16.34 Lakh to INR 18.52 Lakh, per month. Rent is about INR 1 Lakh per month, food and groceries come at INR 22,000 while transportation and phone services are at INR 9000 and INR 7300 each.