Studying in Australia vs. South Korea
Australia and South Korea are both popular study destinations — but the price tag, visa rules, and currency differ. We pulled the numbers from our cost calculator: monthly living averages €1,816 in Australia and €714 in South Korea.
Side-by-side comparison
Verdict
Cheaper tuition
South Korea
Cheaper monthly living
South Korea
Lower visa proof of funds
South Korea
Side-by-side comparison
Australia
South Korea
Currency
AUD (A$)
KRW (₩)
Public tuition (annual)
A$35,000
≈ €21,350 / yr
₩8,000,000
≈ €5,360 / yr
Private tuition (annual)
A$42,000
≈ €25,620 / yr
₩12,000,000
≈ €8,040 / yr
Monthly living (city avg)
A$2,977 / mo
≈ €1,816 / mo
₩1,066,250 / mo
≈ €714 / mo
Visa proof of funds
A$29,710
Subclass 500 living-cost requirement
₩13,000,000
Bank balance proof (D-2 visa)
Cities tracked
Sydney, Melbourne, Brisbane
Seoul, Busan, Daejeon, Daegu
Figures are 2026 reference estimates from our cost calculator. Actual costs vary by city, program, and lifestyle.