Student dwelling prices within the UK 2021

The student finances is a difficult factor to pin down – however our newest National Student Money Survey reveals the place students’ cash goes as soon as and for all…

We all know that student dwelling generally is a dear enterprise – however, simply how dear is it?

Rather than taking wild guesses, we are able to inform you what your anticipated dwelling prices are, based mostly on what hundreds of different students are telling us.

Whether you are desirous to finances your month-to-month bills, or just see how your spending compares to the typical student, we have got all of the stats on student dwelling prices that you just want.

Average student dwelling prices

Expense	Cost monthly
Rent	£418
Groceries	£100
Going out	£46
Transport	£43
Household payments	£37
Takeaways	£33
Clothes & buying	£29
Holidays	£22
Mobile telephone	£16
Course supplies	£16
Health & wellbeing	£13
Gifts & charity	£12
Other	£10
TOTAL	£795

In our newest annual National Student Money Survey, we requested 3,161 students the place all their cash goes, and the outcomes had been fairly attention-grabbing.

The common student dwelling prices are about £795 a month (or £183 every week), with our findings revealing that the Maintenance Loan typically falls means in need of protecting students’ dwelling bills.

It’s in all probability no shock that lease takes the most important chunk out of the student finances. Although this determine is definitely £13 lower than in 2019, that stat was up £25 from 2018 and £37 from 2017 – so the long-term development has nonetheless been one among rising prices.

Groceries are the second largest expenditure for students, coming in at £100 a month. This would possibly appear to be loads, but it surely breaks down to only £23 every week, which is not too dangerous for a weekly meals store. Nonetheless, to chop down the prices of groceries additional, try our information to saving cash on meals and even strive our weekly meal plan.

Everyone is aware of that students love a great social gathering, and it seems £46 a month is spent on going out. Some could be shocked that that is virtually thrice the quantity students spend on track supplies however, with tuition charges at such a excessive fee, there’s growing stress on unis to maintain additional course prices to a minimal.

Students additionally estimate they spend £37 a month on payments which embrace fuel, electrical energy, water, broadband and a TV Licence. Our full information to student payments has step-by-step recommendation on find out how to arrange, change, break up and finally save on payments.

Which students spend essentially the most?

Surprisingly, solely three of the schools within the prime 10 for complete spending (after lease) are based mostly in London – the University of Westminster, the Royal Academy of Music and the University of Greenwich.

That stated, three of the opposite universities within the prime 10 are based mostly within the south of England: Buckingham, Canterbury Christ Church and Hertfordshire, which ranked first, fifth and sixth respectively. Just one non-English uni made the highest 10, with Scotland’s personal Glasgow breaking the established order.

The very lowest spenders are these at Durham, Edge Hill and Leeds Arts, though Durham’s students are the one ones with a median month-to-month outlay of lower than £200.

At some unis, the typical value of payments is very low (£3 at Aston!) – however keep in mind that these figures are averages. Numerous students’ payments will likely be included of their lease, so they’d probably have reported that their payments value £0.

The desk beneath lists all universities and the typical that students spend on dwelling prices, after lease. How do you examine to your classmates?

Row Labels	Total (£)	Groceries (£)	Takeaways & consuming out (£)	Socialising (£)	Transport (£)	Bills (£)	Mobile telephone (£)	Clothes (£)	Health & wellbeing (£)	Course supplies (£)	Holidays & occasions (£)	Gifts & charity (£)	Other (£)
Buckingham	827	150	43	150	133	133	13	33	53	53	33		30
University of Law	810	150	45	20	75	135	30	25	25	260	25	20
Royal Academy of Music	769	267	33	83	200	37	11	38	20	57	10	3	10
Westminster	686	100	76	50	136	22	10	41	23	35	22	21	150
Canterbury Christ Church	639	183	33	48	89	86	32	35	4	28	85	18
Hertfordshire	624	108	63	80	200	34	28	43	19	14	30	8
Open University	584	144	47	43	82	105	26	41	23	16	31	13	12
Derby	584	164	44	19	56	145	16	40	6	20	4	15	56
Greenwich	571	118	33	59	128	55	24	58	15	34	25	18	5
Glasgow	522	110	46	59	52	57	22	31	23	18	93	13
Liverpool John Moores	492	119	66	78	64	20	12	59	33	19	10	10	3
Bedfordshire	479	95	20	65	97	37	22	12	11	75	7	8	30
King’s College London	473	113	43	66	53	39	19	48	20	12	22	17	21
University for the Creative Arts	472	107	24	38	80	61	14	25	11	88	13	7	4
Highlands and Islands	469	161	90	4	62	114	15	2		16			5
Bradford	468	146	47	23	52	28	41	27	27	24	4	28	20
University of the Arts London	463	132	42	68	34	22	23	22	36	76	5	3
Edinburgh Napier	463	103	30	41	68	64	25	21	10	7	81	10	1
Teesside	457	151	24	54	73	36	22	26	9	22	17	19	7
Queen’s Belfast	454	110	43	43	72	48	22	43	22	8	31	12
Salford	451	131	41	48	65	41	16	28	11	20	37	15
Roehampton	449	99	45	36	20	63	23	28	40	13	25	19	40
Brunel	446	94	34	28	73	60	6	23	13	6	102	7
Royal Central School of Speech and Drama	446	166	30	33	93	33	5	15	16	16	13	18	10
Aberdeen	445	124	54	64	30	63	15	27	15	26	12	13	2
West of England, Bristol	444	116	37	51	59	46	18	23	15	17	18	19	26
Swansea	436	119	38	64	32	20	9	58	7	7	51	23	8
UCL	435	135	32	38	91	36	11	29	20	9	14	14	7
Huddersfield	435	127	39	37	42	60	27	40	14	9	14	15	10
Strathclyde	433	107	48	62	39	33	28	31	17	11	43	13	2
Loughborough	427	89	26	50	43	17	5	51	13	19	83	13	18
Oxford Brookes	426	121	24	43	41	65	16	21	20	34	16	22	3
Bath Spa	426	145	19	25	32	104	17	21	18	17	13	15	1
Staffordshire	426	76	68	68	53	15	21	48	10	18	20	16	15
Kent	426	103	38	46	44	44	20	14	7	12	74	24
Northumbria	421	124	46	61	19	52	13	54	12	8	26	1	4
Imperial College London	420	116	41	46	75	35	17	39	14	11	11	14
Wolverhampton	419	66	36	38	52	34	27	37	11	72	4	42
Chichester	419	116	48	54	45	27	17	32	7	12	45	18
Stirling	415	147	38	65	66	18	29	28	13	9	1	3
Kingston	415	79	54	29	69	13	21	21	21	24	68	10	7
Birmingham City	414	103	29	30	39	25	13	30	12	14	10	8	102
South Wales	409	123	44	74	54	7	19	29	20	14	16	7	2
Bucks New	406	59	44	112	27	38	34	31	14	14	28	5
Liverpool	405	102	30	60	32	45	21	29	15	16	33	16	5
Exeter	398	96	21	42	36	60	19	27	17	18	16	12	36
Ulster	396	74	54	64	75	28	27	42	20		4	8
West London	396	131	41	30	55	61	10	20	5	16	20	7
Sussex	394	99	24	44	87	29	15	22	18	8	34	9	4
Leeds Beckett	389	73	42	42	33	33	17	30	8	57	18	32	4
Heriot-Watt	387	78	18	45	52	13	14	17	12	7	33	8	88
Brighton	386	101	35	58	47	38	15	24	16	9	17	10	19
St Andrews	384	114	66	53	10	24	5	25	11	10	28	13	25
London South Bank	383	94	76	51	83	35	22	3	3	8	10
Winchester	382	118	32	55	37	30	10	30	10	18	32	13
Norwich University of the Arts	378	134	58	52	8	33	8	50	16	8	4	7
Queen Mary	378	88	24	34	69	53	12	35	26	26	3	10
St Mary’s	375	55	12	63	20	13	26	50	23	22	72	18
Abertay Dundee	373	93	23	27	23	125	20	10	22	23		7
York St John	372	118	31	43	43	20	17	44	11	9	26	6	5
West of Scotland	371	80	19	32	71	24	23	19	52	30	10	11
Edinburgh	370	108	41	48	24	27	8	28	12	6	42	15	11
UCLan	369	87	41	43	53	26	17	27	10	17	22	25	3
Leeds	369	95	29	62	20	41	16	30	10	13	28	11	14
Southampton Solent	369	107	28	39	14	37	16	26	10	13	19	14	49
Essex	368	88	27	49	83	42	14	23	8	11	7	9	7
Bournemouth	368	91	34	55	33	53	16	24	15	19	16	7	6
Bristol	367	115	30	53	20	55	14	25	12	6	14	21	3
Sheffield Hallam	363	86	31	70	28	18	15	33	13	18	31	11	9
Warwick	363	113	32	33	34	60	15	23	13	7	23	11
Dundee	361	87	30	44	27	25	18	36	14	18	51	12
Northampton	361	113	31	59	31	9	22	36	14	20	9	9	10
St George’s	360	74	37	54	74	24	15	30	6	9	14	13	10
Sunderland	360	93	17	30	22	62	21	30	16	3			67
Chester	356	93	44	60	38	20	12	29	17	4	15	13	12
Reading	355	87	36	51	41	31	14	27	20	11	19	15	4
Bath	351	102	31	39	54	40	16	22	9	4	22	9	3
Cardiff	350	104	31	55	30	36	17	21	9	11	15	18	5
Keele	349	97	28	33	36	33	18	36	8	8	13	22	16
LSE	348	60	20	20	41	44	23	30	14	28	46	21
Harper Adams	343	128	16	26	54	20	10	23	6	18	20	12	10
Worcester	339	106	27	10	21	54	23	23	13	5		8	50
Sheffield	333	98	28	52	25	20	12	23	15	6	41	8	5
Manchester	331	81	40	48	36	32	16	25	13	6	23	8	4
Wrexham Glyndŵr	330	105	23	15	30	25	38	10	15	20	10	15	25
Cardiff Metropolitan	327	110	30	55	27	25	5	25	10	5		35
Robert Gordon	326	47	22	25	60	45	8	20	22	37	27	15
York	326	105	21	52	18	16	13	28	14	14	5	9	30
Cambridge	323	106	38	26	5	31	4	15	7	80	2	9
University College Birmingham	323	125	30	25	40	50	10	10	10	3	10	10
Newcastle	322	91	28	44	20	28	14	23	11	5	30	15	15
Manchester Met	322	81	29	25	45	30	17	35	12	21	16	7	6
Royal Holloway	322	127	23	57	20	33	12	30	10			10
Falmouth	317	78	13	53	60	48	12	9	3	16	3	13	13
Portsmouth	311	94	28	42	29	46	14	22	7	7	11	7	5
Nottingham Trent	309	89	24	54	37	24	22	22	10	13	8	6
Southampton	304	91	28	41	19	38	9	28	12	4	18	11	6
De Montfort	303	85	27	23	35	41	13	23	10	19	4	17	9
Coventry	303	98	22	27	32	40	12	24	11	8	10	10	9
Royal Veterinary College	303	76	23	61	42	26	23	15	13	10	3	10
Glasgow Caledonian	301	46	38	47	30	20	20	34	8	2	20	2	34
Aberystwyth	300	76	28	52	24	36	23	25	11	8	6	11
Nottingham	298	82	37	43	29	24	15	23	12	10	12	10	1
Birmingham	297	81	30	37	27	25	12	25	13	11	13	15	8
Bangor	296	107	20	38	31	27	9	22	10	10	13	8
Plymouth	290	93	23	25	27	22	13	20	13	15	13	13	13
Surrey	289	93	21	31	32	22	18	24	8	7	17	9	7
City, UoL	289	80	51	32	38	30	17	16	9	10	2	4
Leicester	283	78	20	28	41	41	14	11	10	5	10	24	2
Middlesex	276	58	27	47	55	22	6	23	8	5	10	17	1
Lancaster	275	105	32	35	29	5	17	18	9	8	8	8
Oxford	260	79	32	46	13	20	5	23	9	12	12	11
Goldsmiths	257	60	28	23	57	20	7	43	5	3		10
Aston	251	51	21	31	40	3	13	17	14	6	36	20
East Anglia	248	67	27	58	21	26	11	12	7	6	7	6
Lincoln	244	98	31	27	17	9	11	19	10	4	1	5	13
Hull	240	70	22	29	25	8	20	19	18	18	2	4	5
Leeds Arts	213	48	13	28	13	24	15	10	8	18	25	15
Edge Hill	211	63	20	45	16	4	6	19	8	12	5	16
Durham	191	64	14	32	11	22	9	10	10	3	9	8
AVERAGE	389	102	34	46	48	39	17	27	14	19	21	12	7

The knowledge has been filtered to exclude universities the place there weren’t sufficient respondents, or the place the outcomes included vital outliers.

Average student lease per week

There’s no denying that the price of lease is the most important monetary fear for lots of students. As universities enhance the standard of their halls of residence, their lease costs are going up, and personal landlords are more and more charging extra too.

Rent costs range massively throughout the nation, with landlords in London typically charging essentially the most (students in London obtain a bigger Maintenance Loan to accommodate this).

The desk beneath exhibits the typical value of lease at totally different unis across the nation, so you may see the place you will be paying essentially the most, and the place you will get the most affordable deal.

Row Labels	Average of Rent
LSE	203
Birkbeck	185
West London	183
Gloucestershire	180
University of the Arts London	177
King’s College London	174
UCL	173
Goldsmiths	173
City, UoL	172
Oxford	169
Greenwich	162
Courtauld	159
East London	155
Bucks New	151
Middlesex	148
Suffolk	147
Westminster	147
De Montfort	145
Aston	145
Cumbria	145
Kingston	143
Royal Academy of Music	141
Imperial College London	140
Edinburgh	140
Conservatoire for Dance and Drama	138
Bath Spa	138
Warwick	138
Brunel	137
Royal Veterinary College	136
St Andrews	135
Brighton	135
Loughborough	135
Canterbury Christ Church	133
Hertfordshire	133
Bangor	132
Surrey	131
Heriot-Watt	129
Durham	129
Edinburgh Napier	128
St Mary’s	127
Falmouth	126
Roehampton	123
Staffordshire	123
Northampton	123
St George’s	123
West of England, Bristol	123
Reading	122
Manchester Met	122
Winchester	121
London South Bank	120
Sussex	120
Chichester	119
Bath	117
Cambridge	116
Nottingham Trent	114
Norwich University of the Arts	114
Exeter	113
Strathclyde	113
Abertay Dundee	113
Bournemouth	112
Plymouth Marjon	112
Bristol	112
Glasgow	111
Glasgow Caledonian	111
University for the Creative Arts	111
York	110
Royal Holloway	110
Worcester	110
University of Law	110
Queen Mary	108
Bradford	108
Oxford Brookes	107
Nottingham	107
Plymouth	107
Liverpool	107
Leeds Beckett	107
Lincoln	106
Dundee	106
Birmingham City	106
Kent	105
Essex	104
Liverpool John Moores	103
Swansea	103
Portsmouth	103
Edge Hill	103
Aberdeen	102
West of Scotland	101
Manchester	101
Leeds Trinity	100
Huddersfield	100
Chester	100
York St John	100
Southampton	99
Sheffield	99
Keele	98
Leeds	97
Coventry	96
Newcastle	95
Birmingham	94
Open University	93
Lancaster	93
Leicester	93
Bedfordshire	92
BPP	92
Cardiff Metropolitan	92
Bolton	92
Rose Bruford College	92
Salford	92
Northumbria	91
Aberystwyth	90
Highlands and Islands	90
Sheffield Hallam	90
Southampton Solent	88
Newman	87
Stirling	87
Royal Conservatoire of Scotland	87
UCLan	86
East Anglia	86
Cardiff	85
Liverpool Hope	83
Anglia Ruskin	81
Teesside	81
Sunderland	79
Robert Gordon	78
Derby	78
Wrexham Glyndŵr	77
South Wales	76
Harper Adams	76
Hull	75
Queen’s Belfast	71
Trinity St David	69
Writtle College	69
Ulster	66
Leeds Arts	59
Wolverhampton	45
Buckingham	28
AVERAGE	97

The knowledge has been filtered to exclude students dwelling at residence, universities the place there weren’t sufficient respondents, or the place the outcomes included vital outliers.

Is the Maintenance Loan sufficient?

It’s all very properly understanding how a lot students spend every month – however the massive query is, how do they pay for it? 

The majority of students will likely be eligible for some type of Maintenance Loan to cowl their dwelling prices at college, however most students report that it would not stretch far sufficient. The common student receives simply £572 a month from their Maintenance Loan, which falls £223 a month brief of protecting the typical dwelling prices (£795 a month).

In truth, 55% consider the Maintenance Loan is not large enough.

Students advised us:

After obligatory bills for the semester, my weekly finances would not cowl emergencies I could have.

The overwhelming majority of students handle their cash properly and simply discover that there is not sufficient of it to go round.

Over two thirds of students (68%) flip to their mother and father for additional funds, with students getting a median of £131.31 a month from their mums and dads.

But, fewer students than final 12 months are counting on cash from their mother and father. Many are turning to methods to generate profits from residence, and the proportion of students getting a part-time job was up from 67% in 2019 to 74% in 2020.

There’s additionally been a noticeable enhance within the proportion of students who would flip to intercourse work within the occasion of a money disaster – 10%, which is a considerable enhance on the 6% determine recorded in 2019.

It’s clear that the Maintenance Loan is not sufficient to cowl dwelling prices for the overwhelming majority of students, and the federal government must make some critical adjustments to Student Finance in an effort to repair this.

To make your Maintenance Loan last more, try our information to budgeting at college.