Cost Of Studying For Masters Degree Abroad In 2024

Do you want to know the cost of studying for masters degree abroad? This post will reveal how much is needed for a masters education abroad.

Cost of studying for masters degree abroad



Studying for a masters degree abroad has a lot of advantages such as:
  • Boosting your CV
  • Gives higher chances in the job market
  • Building international networks
  • More knowledge in your field of study
  • Increases chances of getting a job abroad
  • Experience new culture and way of life

How Much Does It Cost To Study For a Masters Degree Abroad?

The cost of an overseas masters education depends on two factors such as country of choice and the university of choice.

The tuition fees and cost of studies varies among countries.

Top countries such as USA, UK, and Canada have the highest cost of education for international students.

Other European countries and Asian countries have moderate tuition fees.

The cost of studying for a masters degree in the USA and UK as an international student are almost the same.

The USA and UK are more expensive to study for a masters degree than Canada and other developed countries.

There are some countries abroad that the masters education is totally free even for international students.

Such countries include Germany, Finland, Norway, Sweden, and Austria.

The challenge is that to benefit from the free education program in the respective countries, you have to study in their language which sometimes can take up to a year to learn.

The cost of living also matters. Some countries have very cheap or free education but the cost of living is very high.

Some countries have very high cost of education and high cost of living such as USA and UK.

Some countries have low cost of education and low cost of living but most of such countries are not English speaking countries which is a barrier.

You will have to consider your budget before making your final decision.

Below is a comprehensive list of the cost of studying for a masters degree in various countries, also included are the cost of living.

Cost Of Studying For a Masters Degree Abroad

United Kingdom
Average tuition fees: $15000 per year
Cost of living: $ per month

Germany
Average tuition fees: Free for EU nationals and about $1200 per year for other international students.

Cost of living: $800 per month

France
Average tuition fees: Free for all EU nationals and about $1000 per year for other international students.

Cost of living: $1000 per month

Spain
Average tuition fees: $19000 per year.

Cost of living: $1200 per month

Italy
Average tuition fees: $2000 per year.

Cost of living: $1200 per month

Russia
Average tuition fees: $6000 per year.

Cost of living: $800 per month

Turkey
Average tuition fees: $6000 per year.

Cost of living: $1000 per month

Switzerland
Average tuition fees: $3000 per year.

Cost of living: $2000 per month

Portugal
Average tuition fees: $2000 per year.

Cost of living: $1000 per month

Austria
Average tuition fees: Free for all international students.

Cost of living: $1000 per month

Hungary
Average tuition fees: $5500 per year.

Cost of living: $800 per month

Poland
Average tuition fees: Tuition free for all students.

Cost of living: $1000 per month

Belgium
Average tuition fees: Free for all EU nationals and about $1000 per year for other international students.

Cost of living: $1000 per month

Norway
Average tuition fees: Free for all EU nationals and about $1000 per year.

Cost of living: $1000 per month

Ukraine
Average tuition fees: $5000 per year.

Cost of living: $800 per month

Netherlands
Average tuition fees: $6700 per year.

Cost of living: $1200 per month

Estonia
Average tuition fees: $8000 per year.

Cost of living: $600 per month

Ireland
Average tuition fees: $15000 per year.

Cost of living: $1200 per month

Denmark
Average tuition fees: Free for all EU nationals and about $1200 per year for other international students.

Cost of living: $1000 per month

Czech Republic
Average tuition fees: Free for all international students.

Cost of living: $1500 per month

Sweden
Average tuition fees: Free for all international students.

Cost of living: $1500 per month

Iceland
Average tuition fees: $2000 per year.

Cost of living: $900 per month

Finland
Average tuition fees: Free for all EU nationals and about $1200 per year for other international students.

Cost of living: $1000 per month

Romania
Average tuition fees: $7000 per year.

Cost of living: $1000 per month

Greece
Average tuition fees: $2000 per year.

Cost of living: $1000 per month

Latvia
Average tuition fees: $8000 per year.

Cost of living: $700 per month

Belarus
Average tuition fees: $4400 per year.

Cost of living: $800 per month

Lithuania
Average tuition fees: $5000 per year.

Cost of living: $800 per month

Georgia
Average tuition fees: $4000 per year.

Cost of living: $800 per month

Cyprus
Average tuition fees: $4000 per year.

Cost of living: $1000 per month

China
Average tuition fees: $3000 per year.

Cost of living: $700 per month

Singapore
Average tuition fees: $15000 per year.

Cost of living: $1000 per month


Japan
Average tuition fees: $9000 per year.

Cost of living: $1000 per month

India
Average tuition fees: $6000 per year.

Cost of living: $800 per month

South Korea
Average tuition fees: $10000 per year.

Cost of living: $2000 per month

Qatar
Average tuition fees: $15000 per year.

Cost of living: $1000 per month

Hong Kong
Average tuition fees: $6000 per year.

Cost of living: $800 per month

UAE
Average tuition fees: $12000 per year.

Cost of living: $1200 per month

Saudi Arabia
Average tuition fees: $6000 per year.

Cost of living: $1000 per month

Israel
Average tuition fees: $15000 per year.

Cost of living: $1000 per month

Malaysia
Average tuition fees: $3000 per year.

Cost of living: $800 per month

Taiwan
Average tuition fees: $3000 per year.

Cost of living: $600 per month

Lebanon
Average tuition fees: $11000 per year.

Cost of living: $1200 per month

Thailand
Average tuition fees: $2000 per year.

Cost of living: $600 per month

Philippines
Average tuition fees: $2000 per year.

Cost of living: $600 per month

Kazakhstan
Average tuition fees: $1200 per year.

Cost of living: $800 per month

Pakistan
Average tuition fees: $3000 per year.

Cost of living: $500 per month

Indonesia
Average tuition fees: $5000 per year.

Cost of living: $700 per month

USA
Average tuition fees: $20000 per year.

Cost of living: $1500 per month

Canada
Average tuition fees: $13000 per year.

Cost of living: $1200 per month

Australia
Average tuition fees: $15000 per year.

Cost of living: $1300 per month

Mexico
Average tuition fees: $7000 per year.

Cost of living: $800 per month

New Zealand
Average tuition fees: $10000 per year.

Cost of living: $1200 per month

Cuba
Average tuition fees: $12000 per year.

Cost of living: $1200 per month

Puerto Rico
Average tuition fees: $10000 per year.

Cost of living: $1200 per month

El Salvador
Average tuition fees: $7000 per year.

Cost of living: $1000 per month

Costa Rica
Average tuition fees: $9000 per year.

Cost of living: $1000 per month

Argentina
Average tuition fees: $3000 per year.

Cost of living: $800 per month

Brazil
Average tuition fees: Public universities are free for all students.

Cost of living: $1000 per month

Chile
Average tuition fees: $5500 per year.

Cost of living: $1000 per month

Colombia
Average tuition fees: $11000 per year.

Cost of living: $1000 per month

Venezuela
Average tuition fees: $5000 per year.

Cost of living: $800 per month

Uruguay
Average tuition fees: $4000 per year.

Cost of living: $800 per month

Also know that the cost of living is also determined by the lifestyle and spending habit of a student.

Students should learn to spend less on unnecessary things in order to save money on education.

By now you are enlightened on the cost of a masters education in different countries abroad. So decide on where you want to go based on your budget.

If you have any question regarding tuition fees of various masters degree programs abroad, you can drop them in the comment box.

Hope you were enlightened with this post.

Updated On April 2021

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