Food, groceries, accommodation, living costs, lifestyle and insurance (such as your Overseas Student Health Cover) are just a few expenses that you need to consider for your budget. With your living costs, there are many components what will need to be covered.
The Australian Government estimates students need at least A$29,710 per year to cover living expenses, which will vary from individual to individual. This estimate covers expenses such as groceries, accommodation, entertainment, and public transport: