How does the cost of living for students in the UK compare to Australia when pursuing a master’s program?

Question

Yash Mothia · Accepted Answer

Generally, when comparing the cost of living of a student on master's in the UK versus Australia, the following factors enter the equation: accommodation, food, transport, and miscellaneous.Accommodation and Food in the UK
In the UK, especially in London, average spending ranges from &pound;1,200 to &pound;1,800 a month. Of course, most money will go to paying for accommodation, which can run anywhere from &pound;600 to &pound;1,200 a month in different locations. Shared rooms in London become even more expensive, but in cities such as Manchester or Birmingham, it will most likely be relatively cheaper. The daily food expenses amount to around &pound;200 to &pound;400 monthly, just according to personal eating habits. Transport is really differing; a monthly transport pass for instance in London could cost as much as &pound;150, and in other cities it could be cheaper.
On the other hand, Australian students have to cope with monthly living costs ranging from AUD 1,200 to 2,500. Students residing in metropolitan towns such as Sydney and Melbourne typically pay around AUD 800 and 1,500 per month for rent. Outside of major cities would usually be more affordable, yet cities like Brisbane and Adelaide also have relatively cheap accommodation. Expenses on food in Australia are the same and between AUD 300 and AUD 600. Public transportation also varies, for example, the monthly public transport pass can cost about AUD 150 in Sydney.
Considering costs in general, the exchange rate matters much as, as of 2024, the Australian dollar is generally weaker than the UK pound, which would make the cost of living appear higher to a student in the UK. Lifestyle factors and spending habits can differ widely from country to country.
As a matter, although the cost of living in the two countries is nearly the same, some cities or tow