One of the most significant considerations for students when planning for college or university is accommodation. The cost of student accommodation can vary greatly depending on factors such as location, facilities, etc. In this comprehensive guide, we will explore the different aspects of student accommodation costs, provide valuable insights, and answer some frequently asked questions to help students make informed decisions.
This Blog Includes:
Average Cost of Student Accommodation
While costs can vary significantly depending on various factors, here is an analysis of the costs of student accommodation in different countries.
UK
Refer to the table below to know the average living cost in student accommodation in the United Kingdom along with other expenses:
| Categories | Average Cost (Weekly) |
| Weekly Rent | £90 – 120 (INR 9K to 12K) |
| Meals | £30 – 40 (INR 3000 to 4000) |
USA
The below-mentioned table gives a bifurcation of the living costs in student housing in USA along with other expenses:
| Categories | Average Cost (Weekly) |
| Weekly Rent | $100 – 160 (INR 8K to 140K) |
| Meals | $20 – 30 (INR 1800 to 2500) |
Australia
Living and studying in Australia can be expensive. Refer to the table below to know the costs individually along with cost of accommodation for Indian students in Australia:
| Categories | Average Cost (Weekly) |
| Weekly Rent | AUD 250 – 800 (INR 13.5K to 43K) |
| Meals | AUD 100 (INR 5.3K) |
Canada
Refer to the below table to get an idea of the weekly rent of housing for students in Canada and meal expenses while studying in Canada:
| Categories | Average Cost (Weekly) |
| Weekly Rent | CAD 150 – 350 (INR 9K to 21K) |
| Meals | CAD 80 – 150 (INR 6000 to 11000) |
Factors Deciding the Cost of Student Accommodation
Student accommodation can be very expensive without any reason. Many things play an important role in determining the cost of student accommodation. Some of these are:
Primary Location
Location plays the biggest role in determining the cost of student accommodation. Accommodation costs tend to be higher in major cities and areas with a high cost of living. Rural or suburban areas may offer more affordable options.
Room Type
Different room types have varying price ranges. En-suite rooms, studios, and single rooms are generally more expensive than shared rooms.
Facilities and Amenities
The presence of facilities like a gym, common rooms, study areas, laundry facilities, and security systems can influence the overall cost.
Demand and Supply
High-demand locations or peak enrollment periods can increase accommodation costs. Booking early can help secure more affordable options.
How to Save Your Money on Student Accommodation?
Renting student accommodation can make a huge hole in your budget for studying abroad. The student accommodation may charge high rent from these students when there is a delay in booking the accommodation. There may be a phenomenon of high demand and less supply.
One of the most useful tips to save money on accommodation is to Book early. Avoid booking during the peak season. Try to book early as soon as your admission gets confirmed.
FAQs
Yes, cheaper options are available, especially if you are willing to consider accommodations located farther from the university or share with more roommates. You can also save money if you book this student accommodation early.
Living off-campus can sometimes be more cost-effective, especially if you can find affordable rental options or share expenses with roommates.
In some accommodations, utilities like electricity, water, and internet may be included. However, it is important to check it once with the provider.
The average cost of student accommodation varies widely, ranging from $200 to $1,500 per month, depending on the country and type of housing. Developing countries often have lower costs, while countries like the US, UK, and Australia are more expensive.
In Europe, costs vary by country. In Germany, it averages around €300-€500 per month, while in the UK, it can go up to £1,000 in major cities. Eastern Europe tends to be more affordable.
Students can save by opting for shared housing, living further from city centres, applying for housing scholarships, or choosing universities in affordable regions.
In many cases, on-campus housing includes utilities like water, electricity, and internet. For private rentals, students often need to budget separately for these expenses.
Shared accommodations, such as dormitories or shared apartments, typically cost between $200 and $800 per month, depending on the country and amenities provided.
Websites like Student.com, HousingAnywhere, and local university housing offices can help students find affordable and suitable accommodation options worldwide.
The US, UK, and Australia are among the most expensive, with costs often exceeding $1,000 per month. Major cities like New York, London, and Sydney typically have higher prices due to demand and living standards.
The cost of student accommodation is a crucial consideration for every student. Researching early, and choosing early can save a lot of money for students.
