Cost of living and studying in Geelong
Rising global expenses mean choosing a study destination matters more than ever. In Geelong, international students enjoy a more manageable cost of living without compromising on education or future prospects. At Deakin University, you’ll find an experience shaped to fit your budget, support your lifestyle and prepare you for meaningful career pathways.
Understand the cost of studying abroad
Take control of your study journey with clear insights that help you invest wisely.
Study at Deakin and maximise your investment
Choosing where to study isn’t just about courses and campuses anymore, it’s about making a smart financial decision. Deakin understands this, which is why we offer clear fees, flexible study pathways, generous scholarships and affordable accommodation options. Our goal is simple: help you build a future-focused education without unnecessary financial strain.
At Deakin, cost becomes a manageable part of a bigger picture – you’ll gain a high-quality education that supports your career ambitions. We’re committed to helping you make confident, informed choices that prepare you for long-term success.
Why costs matter more than ever
For many international students, rising expenses around the world are reshaping study plans. Tuition, housing and everyday living costs all play a role in deciding where you can realistically study. Research shows that:
- high tuition fees deter more than half of students from studying overseas
- over a third cite living costs as the biggest barrier.*
With these pressures increasing, reliable information and thoughtful financial planning are essential.
Why should I study in Geelong?
Australia is a top choice for students looking for a high-quality lifestyle and education, but cost of living remains an important consideration. That’s why Geelong might be the best choice for you.
Just an hour outside of Melbourne, Geelong offers a cheaper alternative to the bigger cities in Australia. It's also home to two of Deakin campuses, Waurn Ponds and Geelong Waterfront.
Affordable study option
A smaller city like Geelong gives you the opportunity to prioritise cost savings.
Rent in Geelong can be 20–30% lower than in Melbourne,^ with overall living costs approximately 12% less.#
As an international student at Deakin, you are also eligible for 50% off public transport costs with the International student travel pass.
You can use the Government's official Study Australia's cost of living calculator to estimate your weekly, fortnightly or yearly costs to cover housing, food, transport, utilities and entertainment.
Balanced lifestyle
Geelong’s local public transport system makes commuting easy, and is well connected to surrounding areas such as Melbourne. You’ll have access to nature, beaches and the iconic Great Ocean Road, so you can explore the beauty that Australia has to offer while getting a world-class education.
Geelong also has a vibrant social scene and offers events year-round as well as a variety of accessible activities.
Career-focused study
Affordability is just one part of your decision. Academic quality and career outcomes matter too. Australia’s universities are known for education that links learning with professional experience.
Deakin, the #1 Victorian uni for graduate employment, is an ideal choice if you want to get more from your degree. Studying in Geelong at Deakin gives you career-ready skills and long-term opportunities.
#1 Victorian university for student support
Studying in Geelong can be the adventure of a lifetime. From orientation and welcome sessions to academic support and social activities, Deakin is here to support you every step of the way while you settle into life in this vibrant city.
Deakin is a welcoming and supportive university that truly cares about its students. The campus life is vibrant, with plenty of opportunities to meet people and get involved in activities.
Master of Public Health
How can Deakin help me manage my costs?
Deakin supports students with affordable accommodation options, cost-management tools and access to services that make university life easier.
Many on-campus facilities, such as gyms, sporting facilities, health and wellbeing services, and student support programs, are included in your student fees, helping you get more value from your study experience.
Can I work during my studies?
Yes. With Deakin University’s career service DeakinTALENT you are able to find part-time work to earn while gaining real-world experience in the Australian job market. Deakin also has a network of local employers that you can take advantage of. These opportunities make studying at Deakin both rewarding and financially sustainable and are available even after graduation.
Where can I find affordable places to live?
Students at both the Waurn Ponds and Geelong Waterfront campuses have access to affordable on-campus accommodation close to transport and essential services. For those who are keen on independent living, there are also off-campus options such as homestays and shared houses.
Make the most of study and lifestyle in Geelong
In Geelong, you can enjoy an affordable lifestyle without compromising your study ambitions. At Deakin University’s Waurn Ponds and Waterfront campuses, practical, career-focused programs empower you to turn your education into a meaningful investment in your future.
Find a course that fits your goals and your budget at Deakin
Deakin references data from a range of government, higher education and reputable media sources. For more information, visit our University rankings page.
*IDP Emerging Futures 8: Voice of International Student report (Oct 2025)
^Numbeo - Melbourne and Geelong Cost of Living Comparison
#Linkedin - Why living in Geelong is more affordable than Melbourne
