The most essential element for each resident of a country is the cost of living there. The most significant factor students examine when applying for future studies is whether the cost of living in that nation is cheap; can they earn enough money to cover their tuition fees? However, in each place where a student applies, the cost of living in that country is determined by things such as the program they are applying to, the university, the location of the university, and their own preferences for food, living, and entertainment, among others. As a result, it becomes critical to understand the basic charges and prices of monthly things in that country, such as house rent, car rent, food, internet connections, cell plans, electricity bills, and local transportation charges. Individuals’ average living expenses are around $20,000 per year, with housing costs ranging from $450 to $850 per month, food costs ranging from $50 to $70 per month, public transportation costs ranging from $50 to $250 depending on mode of transportation, and internet and utility charges ranging from $70 to $200 per month. Most critically, medical costs. All fundamental medical emergencies are covered by medical insurance, and any further emergencies are handled according to the insurance plan or the therapy offered. Perth, Canberra, Adelaide, Melbourne, Brisbane, and the Gold Coast have lower living costs than other cities.