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One of your most-searched questions that demand well-researched and accurate answers would be regarding the cost of studying abroad in your dream destination. From the bustling streets of Manhattan to the rolling meadows in Ireland, appealing as these places are, it would be worth the investment only if you plan your finances meticulously.
The cost of living and education are two of the most important components of studying abroad - while your scholarships and bursaries can help to make the education costs manageable, the living costs still need to be planned to the T.
Sounds like quite the task, doesn't it? But, worry not. We've put forth quite the article here for you by discussing the living costs in each of these top study destinations - Australia, the UK, the USA, Ireland, and Singapore.
Let's get started!
What are the components involved in studying abroad? Starting from education costs, the rent you pay for accommodation and food expenses, to travel, internet, leisure and entertainment, there will be avoidable and unavoidable expenses to support your stay in the country.
Here, we'll make an estimate of the cost of living and education expected to be incurred in each of these countries!
S.no |
Components |
Cost Involved (USD) |
1 |
Tuition Fees |
Undergraduate: $15,000 - $33,000 annually Postgraduate: $20,000 - $37,000 annually Diploma: $4000 - $22,000 annually |
2 |
Housing |
Hostels and Guesthouses: $90 - $150 per week Shared Rental: $95 - $215 per week On campus: $110 - $280 per week Homestay: $235 - $325 per week Rental: $185 - $440 per week Boarding schools: $11,000 - $22,000 a year |
3 |
Food |
$140 - $280 per week |
4 |
Transportation |
$30 - $60 per week |
5 |
Medical Insurance |
Minimum OSHC $452/year for singles cover |
6 |
Visa |
$575 for student visa |
7 |
Entertainment |
$80 - $150 per week |
Benefits:
S.no |
Components |
Cost Involved (in Pounds) |
1 |
Tuition Fees |
Undergraduate: £10,000 - £26,000 annually Postgraduate: £11,000 - £30,000 annually Diploma: £18,000 annually |
2 |
Housing |
£350 - £550 per month if you prefer outside accommodation |
3 |
Food |
£50 - £75 per week |
4 |
Transportation |
£30 a month |
5 |
Medical Insurance |
£470/year for your Immigration Health Surcharge |
6 |
Visa |
£348 for student visa |
7 |
Entertainment |
£30 - £50 a month |
Note: You will be taxed at 20% on earnings (from part-time jobs) more than £12,570 a year.
Benefits:
S.no |
Components |
Cost Involved (USD) |
1 |
Tuition Fees |
Undergraduate: $20,000 - $40,000 per year Postgraduate: $20,000 - $45,000 per year Diploma: $28,000 - $55,000 per year (Most doctoral degrees are 100% funded through research/teaching assistantships and research aid) |
2 |
Housing |
On Campus: $800 - $900 each month Homestay: $600 - $3,000 per month Rental: $450 per month |
3 |
Food |
$150 - $200 a month |
4 |
Transportation |
$80 - $100 a month |
5 |
Medical Insurance |
$30 - $140 a month |
6 |
Visa |
Visa cost: $350 Visa Application Fee: $160 |
7 |
Entertainment |
$150 a month |
Benefits:
S.no |
Components |
Cost Involved (in Pounds) |
1 |
Tuition Fees |
Undergraduate: €9,850 - €20,250 per year Postgraduate: €9,950 - €35,000 per year Diploma: €4,000 - €9000 |
2 |
Housing |
Hostel: €200 - 300 per month Apartment: €400 - €900 per month |
3 |
Food |
€250 - €350 a month |
4 |
Transportation |
€50 - €55 a month |
5 |
Medical Insurance |
€150 - €180 per year |
6 |
Visa |
Visa cost: €250 |
7 |
Entertainment |
€60 - €100 a month |
Benefits:
S.no |
Components |
Cost Involved (USD) |
1 |
Tuition Fees |
Undergraduate: $20,000 - $40,000 per year Postgraduate: $40,000 - $50,000 per year Diploma: $10,000 - $20,000 per year |
2 |
Housing |
On campus: $285 - $420 per month Apartment: $600 - $1500 per month |
3 |
Food |
$150 - $800 a month |
4 |
Transportation |
$60 - $70 a month |
5 |
Medical Insurance |
$600 - $3000 depending on the plan |
6 |
Visa |
Visa cost: $64 |
7 |
Entertainment |
$50 - $70 a month |
Benefits:
If you're interested to know more about studying abroad and the top courses and universities in your dream destinations, here's a golden opportunity for you!
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