New research has revealed the staggering cost of educating a child starting school this year.
It shows the total cost of sending a child to a government school in regional Victoria is expected to be nearly $104,000 over the next 13 years.
A Catholic education is forecast to set parents back almost $217,000, while families who send their child to an independent school are predicted to fork out close to $246,000.
Exclusive new research has revealed Melbourne is Australia’s most expensive city for a Government
education.
The Futurity Investment Group Cost of Education Index estimates the total cost of a Government education in Melbourne will be $121,202 over 13-years for a child starting school in 2026, a 6% increase compared to last year.
The total cost of a Government education in Melbourne is 7% above the national average ($113,594) and considerably more expensive than Perth ($102,600), and Sydney ($106,567), Australia’s most affordable cities for a Government education.
Estimates of future long-term education costs projected over a 13-year period are provided as a guide only and are population weighted.
Being estimates the actual cost of education for a particular child or school sector or period cannot be guaranteed.
