Australia is one of the best popular study destinations for Indian students, yet one of the most misunderstood when it comes to finances. This confusion often starts with visa requirements, as Indian students must show AUD 29,710 per year, approximately ?17 lakh, in living funds to secure a student visa. In reality, living costs are relatively higher and vary by location and lifestyle, usually students spend in between the range of ?19.5 lakh to ?25 lakh on food, transport, accommodation and other essentials. To be more precise, Sydney and Melbourne tend to be the most costly cities because of rent and regular expenses, on the other hand Adelaide and Brisbane provide comparatively affordable living options without compromising on student experience. Thus, in this guide, we will go through the range of living expenses, financial management and money saving tips for Indian students.