Comparing Costs of Studying in Canada vs Australia vs UK vs US vs EU in 2024

Cost comparison for top 5 countries for Indians 

For most of the students, studying abroad is an experience for a lifetime. Students find many opportunities after studying in a different country and will be allowed to explore different cultures from their own. Sometimes, students will be confused while selecting a destination to study. The USA, UK, Canada, Australia, and EU are the most popular study destinations for international students. Thousands of international students move to these countries every year to study. 

Cost comparison of studying in Canada vs Australia vs  UK vs US vs EU

Country	Average cost of living/year	Tuition Fees/ year	Textbook and Supplies/ year	Accommodation/ month	Living expenses/ month	Transportation/ year	Student visa fee
UK	$17,000 (£13,000)	£11,400 to £32,08	£120 -  £240	£900-£1400	£1,360	£140	£363
USA	$10,000 – $18,000	$32,000 to $60,000	$1,240	$1,500 – $3,100	10,000$ – 18,000$	$90 – $130	$510
Australia	$14,290 – $19,288	$10,060 – $35,730	$360 – $1,080	$600	$14,290 to $19,288	$150	$630
Canada	$11,800 – $15,750	$11,800 – $15,750	$1,500	$350 – $500	$11,800 – $15,750	$30 – $80	$120
Europe	€8,400 – €14,400	€ 5,000 – €13,000	€50 - €200	€300 - €800	€700 - €1,200	€20 - €100	€ 60 - €100

 

Always look for the country that gives you a high ROI. Regarding job opportunities for international students, the USA is always first. However, studying and living in the USA is also equally expensive. Australia and Canada provide better opportunities if you are looking for a more cost-effective option. 

Choose the right country to Study abroad

The most important factors to consider while planning your budget for education abroad is the preferred country and the cost of living there. This is important because the expenses will come after you outside the college and the costs can increase more than the course fees. Therefore, a planned budget will consider the country's economy, the projected cost of living, the exchange rates, and so on. 

In the recent report released by the government, the number of Indian students studying abroad is given. Some country's data is given. Around 4,65,791 students are studying in the US, 1,00,009 students are in Australia, 1,64,000 students are in the United Arab Emirates, and 55,465 students are in the UK. 

Need assistance to Study Abroad? Y-Axis is here to assist you in all the ways. 
 

Study in US

For many prestigious universities, the United States has become home because it offers various programs. However, tuition fees, especially at private institutions, can be relatively high. Public universities offer more affordable options for international students from other countries. The cost of living depends on the state you choose; in major cities like New York and San Francisco, the cost of living is more expensive.

 

Looking to study in the US? Talk to Y-Axis, the world’s no. 1 overseas immigration company.

 

Study in United Kingdom

The UK has a rich cultural heritage and world-renowned universities. The duration of the programs is shorter, but the tuition fees is comparatively high than in other countries. The cost of living is more in cities like London, so it is very much necessary to plan your budget before going.

 

Looking to study in the UK? Talk to Y-Axis, the world’s no. 1 overseas immigration company.

 

Study in Australia

Australia is a country that is popular for its quality education system and stunning natural beauty. Tuition fees in this country are competitive. Many universities in Australia offer scholarships for international students. The cost of living is comparatively high, but it depends on your chosen city. Sydney and Melbourne are more expensive than other locations.

 

Want to Study in Australia? Y-Axis is the right mentor to advise you!

 

Study in Canada

Canada is becoming a popular destination for international students day by day. Tuition fees in this country are less compared to the US and UK. The cost of living in Canada is also more reasonable compared to other places. It also offers postgraduate work opportunities for international students.

 

Looking to study in Canada? Talk to Y-Axis, the world’s no. 1 overseas immigration company.

 

Study in Europe

Germany is popular for its strong education system and low fees in public universities, and also there is no tuition fees for international students. The cost of living is affordable compared to other countries; this is the best option for budget-conscious international students.  

Employment opportunities after completion of studies 
 

Country	Top in-demand sector	Average Income
EU	Health Mechanical and Automotive IT Constructions	EUR 45,000
USA	Management Finance Advertising/Media Data science & IT Health	USD 50,000
UK	Management Mechanical Engineering Aircraft pilots Nurses	GBS 30,000
Canada	Nurses Program Analyst Teachers Pharmacist	CAD 51,711
Australia	Education sector Health sector Hospitality Accounting	AUD 62,322

*Searching for jobs abroad? Find the right one with the help of Y-Axis job search services.

 

How does studying abroad affect your future?

Studying overseas is the best investment in your education and personal development, but it comes with financial considerations. The cost of studying overseas differs from country to country, and it is important to plan your budget carefully by doing proper research. Compare the costs, explore funding options, and make your financial decisions; then, you can turn your dream of studying abroad into a reality. 
 

Want to Study Abroad? Y-Axis is here to assist you in all the ways.

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