It can be tough to decide whether to live on or off campus in your university years. And if you have the option of living at home and commuting to school, that make things more complicated. No doubt finances are a big factor in your decision, and this tool helps you easily compare costs.
The calculator basically itemizes the different expenses associated with each living arrangement option. Aside from the obvious stuff, like rent, you have to consider plenty of other costs: furnishings, utilities, transportation, and so on. After adding in all of these expenses, the calculator gives you a breakdown of the total costs associated with each option to help you make your decision. It's aimed at American users, but it should be helpful for Australian students as well.
It's a relatively simple tool, and nothing you couldn't figure out on your own. However, it's a convenient way to compare and consider all costs. Check it out at the link below.