Execute these commands in the terminal (excluding the lines with hashtags – they’re comments):

# Deletes the Android Studio application
# Note that this may be different depending on what you named the application as, or whether you downloaded the preview version
rm -Rf /Applications/Android\ Studio.app
# Delete All Android Studio related preferences
# The asterisk here should target all folders/files beginning with the string before it
rm -Rf ~/Library/Preferences/AndroidStudio*
rm -Rf ~/Library/Preferences/Google/AndroidStudio*
# Deletes the Android Studio's plist file
rm -Rf ~/Library/Preferences/com.google.android.*
# Deletes the Android Emulator's plist file
rm -Rf ~/Library/Preferences/com.android.*
# Deletes mainly plugins (or at least according to what mine (Edric) contains)
rm -Rf ~/Library/Application\ Support/AndroidStudio*
rm -Rf ~/Library/Application\ Support/Google/AndroidStudio*
# Deletes all logs that Android Studio outputs
rm -Rf ~/Library/Logs/AndroidStudio*
rm -Rf ~/Library/Logs/Google/AndroidStudio*
# Deletes Android Studio's caches
rm -Rf ~/Library/Caches/AndroidStudio*
# Deletes older versions of Android Studio
rm -Rf ~/.AndroidStudio*

If you would like to delete all projects:

rm -Rf ~/AndroidStudioProjects

To remove gradle related files (caches & wrapper)

rm -Rf ~/.gradle

Use the below command to delete all Android Virtual Devices(AVDs) and keystores.

Note: This folder is used by other Android IDEs as well, so if you still using other IDE you may not want to delete this folder)

rm -Rf ~/.android

To delete Android SDK tools

rm -Rf ~/Library/Android*

Emulator Console Auth Token

rm -Rf ~/.emulator_console_auth_token

Thanks to those who commented/improved on this answer!

---

Notes

1. The flags for rm are case-sensitive¹ (as with most other commands), which means that the f flag must be in lower case. However, the r flag can also be capitalised.
2. The flags for rm can be either combined together or separated. They don’t have to be combined.

What the flags indicate

1. The r flag indicates that the rm command should- attempt to remove the file hierarchy rooted in each file argument. – DESCRIPTION section on the manpage for rm (See man rm for more info)
2. The f flag indicates that the rm command should- attempt to remove the files without prompting for confirmation, regardless of the file’s permissions. – DESCRIPTION section on the manpage for rm (See man rm for more info)