Investment Banking Associate at JPMorgan Chase & Co
I know it’s a bit difficult to find the overall expense of studying in a country. Don’t worry. I have created a list of general expenses that you can expect in some of the most popular study abroad destinations like the USA, UK, Canada, and Australia.Â
Cost of Living in USA
Register SEVIS - $350
Application for student visa - $160
Accomodation Rent - $600 - $1000/month
Food - $350 - $500/month
Travelling - $500 - $1000
Miscellaneous - $500 - $1000/month
Textbooks & study material - $500-$1000/annum
Health Insurance - $1500 to $2500/year
Cost of Living in UK
Fees for Visa Application        348 GBP (INR 35,800)
Housing                   500 GBP (INR 51,400)/ month
Transportation       150-200 GBP (INR 15,400 to INR 19,800) / month
Food                   150-200 GBP (INR 14,800 to INR 20,500) / month
Clothing and Leisure     50 GBP (INR 5,100) / month
Telephone and Mobile     50 GBP (INR 5,100) / month
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Cost of Living in Canada
Flight Expense     INR 1,00,000- 2,00, 000/- per flight
Study Permit Fees     $150 (INR 11,123)
Work Permit Fees     $155 (INR 11,493)Â
IELTS test Fees        INR 14,700
Accommodation     CAD 5,000 – CAD 10,000(INR 2,67,000-INR 5,39,000) per annum
Travel Costs     CAD 80 – CAD 110 (INR 4,300-INR 6,000) per month
Health Insurance     CAD 300-CAD 800 (INR 17,000-INR 44,000)
Food     CAD 300- CAD 400 [17,508 INR-23,344] (monthly)
Entertainment     CAD 750 [43,770 INR] (monthly)
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Cost of living in Australia
Accommodation                 963 USD
Groceries                    170-240 USD
Food Items                 300 - 400 AUDÂ
Gas & Electricity              100-200 USD
Public Transport               104.52 USD
Internet                     80 - 200 USD
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As I said, all the costs are average. The amount may vary depending on the region you are living in.Â
Let me know if this helped and if you want any more information from my end.Â
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