Australia has established a lot of private and public educational institutions to attract students from across the globe. It is also home to some of the most prestigious universities and research institutes in the world. Australia also offers a lot of scholarships to international students which gravitates them toward their universities. On top of that, Australia has also relaxed laws pertaining to international students and their working hours as part-time workers to help them. All of this adds up to the evergreen popularity of Australia among students. Australia's hospitality and IT sector has always dominated the world. It has a lot of jobs in this field and hence studying here increases the probability of an international student getting a high-paying job and settling down in Australia only. But one must understand that even though Australia might be less expensive in terms of university fees, the cost of accommodation here is more expensive than that of the US. Here is an average estimation of rental expenditure through various options-
Accommodation
Hostels and Guesthouses - $90 to $150 per week
Shared Rental - $95 to $215 per week
On campus - $110 to $280 per week
Homestay - $235 to $325 per week
Rental - $185 to $440 per week
Boarding schools - $11,000 to $22,000 a year
Other living expenses
Groceries and eating out - $140 to $280 per week
Gas, electricity - $10 to $20 per week
Phone and Internet - $15 to $30 per week
Public transport - $30 to $60 per week
Car (after purchase) - $150 to $260 per week
Entertainment - $80 to $150 per week
This means that on average a student needs $21,041 per year (or $1,754 per month) to support themselves.