From Australia To Canada: How Much Does It Cost To Get An Undergraduate Degree?

With the re-opening of international borders and easing of travel restrictions, there’s no better time than now to pursue your dream degree abroad!

However, with so many great study destinations to pick from, it can be challenging when it comes to making a decision.

Today, we explore the benefits of studying overseas and take a closer look at the average cost of taking your degree overseas across several countries – so you can get a clearer idea and make the decision that’s best for you.

Why Pursue An Overseas Degree

1. Gain An Internationally Recognized Degree

When you choose to further your studies at a top university, you’ll graduate with a globally recognized degree and expand your academic horizons in the process.

Besides that, holding an overseas degree will make you more desirable in the job market as it signals to employers that you’re flexible, culturally aware and independent.

2. Build Your Resilience & Adaptability

Choosing to live and study abroad can feel overwhelming. However, you’ll be thrown out of your comfort zone and overcome challenges that shape you to become a stronger, more confident person.

This would not only boost your ability to adapt to different environments but also help you to thrive in new, unexpected situations in your life.

3. Gain Language Skills

On top of immersing in a new culture, you will also get the chance to pick up a new language or sharpen your existing language skills.

After all, you’ll get considerable language practice in your daily interactions. Also, you might be able to take up a language course at your university and get proper lessons.

4. Build Your Career Network

You’ll be exposed to a large community of international students, allowing you to connect with people from different cultures and backgrounds. Hence, expanding your social circle and professional network.

Throughout your program, you may also get the chance to meet people via campus student groups, internships or part-time jobs. The bigger your network, the higher the chances of getting access to exciting career and social opportunities!

How Much It Costs To Study Overseas

Although a big portion of your expenses for studying abroad would go to tuition fees, you’ll also have to factor in your accommodation, transportation, meals and other day-to-day expenses.

Here’s the average cost of living in top study destinations, assuming that you opt for a Business degree, live in a neighborhood studio apartment not in the city center and that your primary mode of transportation is the train or bus.

1. Australia

Melbourne

Accommodation Monthly Rent: AUD$1,800

Food & Entertainment Cost: AUD$1,500

Transportation: AUD$160

Brisbane

Accommodation Monthly Rent: AUD$1,600

Food & Entertainment Cost: AUD$1,600

Transportation: AUD$100

Sydney

Accommodation Monthly Rent: AUD$2,000

Food & Entertainment Cost: AUD$1,500

Transportation: AUD$220

Perth

Accommodation Monthly Rent: AUD$1,700

Food & Entertainment Cost: AUD$1,400

Transportation: AUD$160

Degree In Business

Bachelor of Commerce: AUD$ 120,000 - 130,000

Bachelor of Business (Management): AUD$ 80,000 - 120,000

2. New Zealand

Auckland

Accommodation Monthly Rent: 1,900 NZD

Food & Entertainment Cost: 1,300 NZD

Transportation: 220 NZD

Wellington

Accommodation Monthly Rent: 2,100 NZD

Food & Entertainment Cost: 1,200 NZD

Transportation: 150 NZD

Christchurch

Accommodation Monthly Rent: 1,500 NZD

Food & Entertainment Cost: 1,100 NZD

Transportation: 120 NZD

Hamilton

Accommodation Monthly Rent: 1,200 NZD

Food & Entertainment Cost: 900 NZD

Transportation: 100 NZD

Degree In Business

Bachelor of Business (Commerce): 90,000 NZD - 120,000 NZD

Bachelor of Business (Marketing): 50,000 NZD - 60,000 NZD

Bachelor of Business (Management): 80,000 NZD - 90,000 NZD

3. Canada

Montreal

Accommodation Monthly Rent: 1,200 CAD

Food & Entertainment Cost: 900 CAD

Transportation: 90 CAD

Toronto

Accommodation Monthly Rent: 1,800 CAD

Food & Entertainment Cost: 1,000 CAD

Transportation: 150 CAD

Vancouver

Accommodation Monthly Rent: 1,900 CAD

Food & Entertainment Cost: 1,200 CAD

Transportation: 170 CAD

Ottawa

Accommodation Monthly Rent: 1,500 CAD

Food & Entertainment Cost: 1,000 CAD

Transportation: 130 CAD

Degree In Business

Bachelor of Business (Commerce): 90,000 CAD - 100,000 CAD

Bachelor of Business (Marketing): 65,000 CAD - 75,000 CAD

Bachelor of Business (Management): 85,000 CAD - 100,000 CAD

4. Ireland

Dublin

Accommodation Monthly Rent: EUR1,800

Food Cost: EUR1,200

Transportation: EUR150

Cork

Accommodation Monthly Rent: EUR1,300

Food Cost: EUR950

Transportation: EUR90

Galway

Accommodation Monthly Rent: EUR1,200

Food Cost: EUR850

Transportation: EUR80

Degree In Business

Bachelor of Business (Commerce): EUR50,000 - EUR80,000

Bachelor of Business (Marketing): EUR50,000 - EUR60,000

Bachelor of Business (Management): EUR30,000 - EUR50,000

5. The UK

London

Accommodation Monthly Rent: £1,700

Food & Entertainment Cost: £2,000

Transportation: £160

Manchester

Accommodation Monthly Rent: £950

Food & Entertainment Cost: £1,100

Transportation: £80

Liverpool

Accommodation Monthly Rent: £700

Food & Entertainment Cost: £900

Transportation: £70

Birmingham

Accommodation Monthly Rent: £710

Food & Entertainment Cost: £1,000

Transportation: £70

Edinburgh

Accommodation Monthly Rent: £900

Food & Entertainment Cost: £1,100

Transportation: £75

Degree In Business

Bachelor of Business (Data Analytics): £60,000 - 80,000

Bachelor of Business (Management): £65,000 - 70,000

Embark On Your Overseas Study Adventure With IDP

If you’ve been thinking about pursuing your undergraduate degree overseas, we’re here to help you successfully make it happen!

At IDP, we have a team of education counsellors that can offer you tailored guidance and assist you throughout your application process – so that you choose the best city and course for your undergraduate degree.

Get started with a free counselling session by filling out the form.