Melbourne has built a reputation as one of the best cities in the world to live and study, but it’s also a place where the cost of living can catch students off guard. The city is home to more than 150,000 international students and is drawn by universities like the University of Melbourne, Monash, and RMIT. Plus, the fact that the city is packed with cafés, live music, and trams actually makes getting around pretty easy.

At the same time, things like rent, groceries, and transport can add up quickly if you don’t plan ahead. Knowing how much you’re likely to spend every month makes a huge difference, whether you’re budgeting for the first time or just comparing Melbourne with other student cities in Australia.

Cost of Living in Melbourne

The cost of living in Melbourne for international students in 2025 is 817.4£ per month, excluding rent. It’s also important to remember that changes can occur due to lifestyle choices. Listed are the estimated costs of living in Melbourne based on data from Numbeo:

How Much Does Food Cost in Melbourne for Students?

In this section, we’ll list average food costs in Melbourne:

Cheapest Shopping Brands

• Uniqlo: An affordable brand where students can get durable and basic wear like T-shirts, hoodies, sweatshirts, and jeans at good prices.

• Glassons: A trendy brand where students can shop for affordable fashion pieces like tops, dresses, denim, and activewear with student discounts available.

• The Iconic Outlet, ASOS Outlet: Online outlets where students can score branded clothing, shoes, and accessories at heavily discounted prices.

• Dotti: Youth-focused fashion brands where students can find casual, trendy, and affordable clothing for everyday wear.

Most Affordable Mode of Transport

The most affordable mode of transport in Melbourne is walking or using the Free Tram Zone in the CBD, which allows you to travel around central areas at no cost. Another cheap option is cycling, where you can either use bike-share services or buy your own bike for long-term savings. For longer commutes, students can benefit from a Concession Myki card or the International Student Travel Pass, which offer 50% discounts on public transport. The daily fares are capped at $5.50.

Saving Up in Melbourne

Even though Melbourne is one of the more expensive cities in Australia, it offers an excellent quality of life that makes it worth the price. The city is known for its culture, diverse food scene, green spaces, and world-class universities that attract students from all over the globe. That said, there are always ways to save on expenses during your stay, from using the Free Tram Zone to shopping smart at affordable student-friendly stores and finding an affordable student accommodation option.

Finding Affordable Accommodation Options

Affordable casita accommodation options:

• Campus Melbourne (Most Affordable):
  Campus Melbourne is a 15 to 20-minute tram or train ride from central Melbourne. It provides fully furnished studios with diverse spaces and prices to match different preferences. It’s also one of the more budget-friendly options for well-located, modern accommodation in the city.
  
  

• Scape Swanston (Affordable and Close to the Centre):
  Scape Swanston sits right near RMIT and within walking distance of Melbourne Central. You get your own en-suite or studio plus perks like a rooftop cinema, gym, study areas, and all-inclusive utilities.
  
  

• UniLodge Carlton (Affordable):
  UniLodge Carlton is another solid choice, with en-suite and studio rooms about 20 minutes from the CBD by tram. It’s tucked in the Carlton area, near Lygon Street cafés and a buzzing student scene. You get decent privacy without overspending.

Student Discounts

Never underestimate the power of your student ID card! It can be your golden ticket to substantial savings. Take advantage of student discounts offered by local businesses, cinemas, public transport, and even some grocery stores. Additionally, consider joining a student union or association, which often provides exclusive deals and events for members.

Part-Time Work

Australia's student visa allows international students to work part-time during their studies. Securing a part-time job not only helps cover living expenses but also provides invaluable work experience. Melbourne's job market is diverse, offering opportunities in retail, hospitality, and even internships in your field of study. The city's strong economy and dynamic job market make it easier for students to find employment.

Other significant tips include the following:

• Share accommodation with other students.

• Cook for yourself instead of eating out.

• Use public transportation instead of taxis or Uber.

• Take advantage of free or low-cost activities in the city, such as visiting museums, parks, and libraries.

That’s the basics of what it costs to live in Melbourne. The city has a lot to offer students with top universities, a lively culture, and a lifestyle that mixes study and fun in a way few other places do. It isn’t the cheapest city in Australia, but it also isn’t the most expensive if you keep an eye on your budget.

The key is finding a balance. Choose accommodation that works for your needs, shop around for groceries, and make use of student discounts where you can. This way, you’ll still have money left to enjoy Melbourne’s food, music, and events without stressing too much about expenses.

In the end, Melbourne gives you more than just a degree. It gives you an experience. With a little planning, you can enjoy it all without breaking the bank.