It’s really not fair to do a direct currency conversion
to determine what it costs to live in Australia as compared to your home
country. It’s all relative to how much money you make, what type
of accommodation you will be living in, what city/town you will live in
etc. Have a look at these resources to help you work out how
much it will really cost you to live in Australia.
Probably the most useful single site to start off with:
http://www.finfacts.ie/costofliving.htm
http://www.finfacts.ie/qualityoflife.htm
New South Wales Department of State and Regional Development (Current
Facts, figures and Surveys regarding costs and quality of living in
NSW Australia):
http://www.business.nsw.gov.au/living.asp?cid=26
The Big Mac Index:
The Economist's Big Mac index seeks to make exchange-rate theory more
digestible. It is arguably the world's most accurate financial indicator
to be based on a fast-food item.
http://www.economist.com/markets/Bigmac/
For prospective students: The links below may assist you in estimating
and understanding the cost of living in Australia:
http://www.uts.edu.au/about/sydney/cost.html
http://www.studentservices.uwa.edu.au/page/15848
http://www.issupport.qut.edu.au/student/costofliving/
http://www.services.unimelb.edu.au/housing/lifeinmelb/costs.html
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