How Much Money Do I Need to Move to Australia? (2026)
What does the first month actually cost?
| Item | Typical cost (AUD) |
|---|---|
| Hostel while you search (2–3 weeks) | $700–$1,400 |
| Room bond (usually 2 weeks' rent) | $500–$800 |
| First 2 weeks' rent in advance | $500–$800 |
| Food and groceries | $400–$600 |
| Transport card + SIM | $80–$150 |
| Extras (bedding, kitchen, job clothes) | $150–$300 |
How long until I find a job?
Most newcomers with English and flexibility find hospitality, cleaning, warehouse or labouring work within 2–6 weeks. Budget for six weeks without income to be safe — arriving with less than $3,000 makes the first month stressful and pushes people into bad rooms and worse jobs.
What proof of funds do visas ask for?
Working Holiday applicants should have access to about $5,000 plus onward travel money. Student visa applicants must show annual living costs on top of tuition — check the current Home Affairs financial capacity figure, which is updated regularly, before lodging.
Which city is cheapest to land in?
Brisbane and Adelaide are meaningfully cheaper than Sydney for rooms and transport — Brisbane public transport is a flat 50 cents per trip — while Sydney and Melbourne offer the most jobs. Many migrants land where the first job is and move once they have savings and references.
How should I bring my money?
Open an Australian bank account online (you can do it before you arrive), then transfer with a low-fee service rather than airport exchanges or large cash. Carrying $10,000 AUD or more in cash must be declared at the border.
General information only, not personal migration advice.
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