I am going to study at the University of Melbourne. I've heard that the cost of living in Melbourne is high. Will AUD 10,000 per month be enough? I can cook and don't shop much. I am introverted and have limited social activities. Is AUD 10,000 per month sufficient for living expenses? How much should I prepare for two years in Melbourne?
The cost of living in Melbourne can vary depending on your lifestyle and accommodation choices. While AUD 10,000 per month is a decent amount, it is important to consider your specific needs and preferences.
If you cook most of your meals and don't engage in excessive shopping, it is possible to live within a reasonable budget. However, keep in mind that expenses such as rent, utilities, transportation, groceries, and healthcare can add up. It is advisable to create a detailed budget to estimate your monthly expenses accurately.
For a two-year stay in Melbourne, it would be wise to plan and save accordingly. Apart from your monthly living expenses, consider additional costs such as tuition fees, textbooks, health insurance, and occasional leisure activities. It is recommended to consult with the university or local resources to get a better understanding of the average cost of living in Melbourne and plan your finances accordingly.