If you’re wondering, “How much does it cost to live in Dunedin while studying at the University of Otago?” the estimated monthly living expenses are around NZD 1,300–NZD 1,700. This usually includes accommodation (about NZD 600–NZD 900), food (around NZD 250–NZD 350), transportation, health insurance, and personal expenses. Students should typically budget around NZD 16,000–NZD 20,000 per year for living costs.