Average Cost of Student Accommodation around the World

Bhumika Sharma

cost of student accommodation
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As you prepare to study abroad, one of the biggest decisions you’ll make is where to live. Finding student accommodation can feel like a daunting task, especially with so many options and varying costs around the world. The average cost of student accommodation can vary significantly from country to country, city to city, and even within different areas of the same city. It’s essential to understand these differences to plan your budget effectively.

In this article, we’ll take a closer look at the average student accommodation costs in popular study destinations around the world. We’ll explore the various types of accommodation available, the factors that influence the cost, and tips on how to save money while living abroad. Let’s dive in!

Average Cost of Student Accommodation

When planning to study abroad, one of the first things you’ll need to figure out is the cost of student accommodation. The average cost varies greatly depending on the country, city, and type of accommodation you choose. Understanding these costs can help you budget better and choose the right accommodation for your needs. While costs can vary significantly depending on various factors, here is an analysis of the costs of student accommodation in different countries.

CityAverage Cost of Accommodation (Weekly)
UKGBP 90 – 120 (INR 9K to 12K)
USAUSD 100 – 160 (INR 8K to 140K)
AustraliaAUD 250 – 800 (INR 13.5K to 43K)
CanadaCAD 150 – 350 (INR 9K to 21K)
IrelandEUR 150 – 350 (INR 13.5K to 32 K)

Average Cost of Accommodation in UK

The UK is known for having affordable university halls compared to private rentals. London is the most expensive, with prices exceeding GBP 1,000 in some areas, but cities like Manchester or Birmingham have more budget-friendly options.

Many universities in the UK offer all-inclusive rent (which includes Wi-Fi and utilities), which helps students manage their budgets. Refer to the table below to know the average living cost in student accommodation in the United Kingdom along with other expenses:

CategoriesAverage Cost
Weekly RentGBP 90 – 120 (INR 9K to 12K)
Monthly RentGBP 400 – 900
Meals  GBP 30 – 40 (INR 3000 to 4000)

Average Cost of Accommodation in USA

The US offers a wide range of student accommodation options, from university halls to private apartments. The cheapest options are university-managed dormitories, but private flats are available for more independence.

Cities like New York and San Francisco are among the most expensive, while smaller cities like Boston or Chicago may offer more affordable options. The below-mentioned table below gives a bifurcation of the living costs in student housing in the USA along with other expenses:

CategoriesAverage Cost
Weekly RentUSD 100 – 160 (INR 8K to 140K)
Monthly RentUSD 800 – 1,500
Meals USD 20 – 30 (INR 1800 to 2500)

Average Cost of Accommodation in Australia

Australia offers a range of student accommodation options. Cities like Sydney and Melbourne are known for their high rental prices, especially in central areas. However, if you’re open to living a bit farther from the city centre, you can find more affordable options.

Australia’s friendly atmosphere and strong student communities, especially in major cities, can help make you feel at home. Living and studying in Australia can be expensive. Refer to the table below to know the costs individually along with the cost of accommodation for Indian students in Australia:

CategoriesAverage Cost
Weekly RentAUD 250 – 800 (INR 13.5K to 43K)
Monthly RentAUD 700 – 1,400
MealsAUD 100 (INR 5.3K)

Average Cost of Accommodation in Canada

Toronto and Vancouver are known for their high accommodation costs, while cities like Montreal and Quebec City may offer more affordable options. Rent in university halls is generally more affordable, but private rentals tend to be pricier.

Canada’s multicultural environment also means you can find student communities from South Asia, which may make you feel more at home. 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:

CategoriesAverage Cost
Weekly RentCAD 150 – 350 (INR 9K to 21K)
Monthly RentCAD 700 – 1,200
Meals  CAD 80 – 150 (INR 6000 to 11000)

Average Cost of Accommodation in Ireland

Accommodation in Ireland can vary depending on the city. In Dublin, rent tends to be higher, especially in central areas close to universities. However, other cities like Cork and Galway offer more affordable options, Like in many countries, university-managed halls are generally the more affordable option, while private rentals may come with higher prices.

reland has a welcoming environment with a growing student community, which is great for international students looking to settle in. Look at the table below to understand the average cost of accommodation in Ireland.

CategoriesAverage Cost
Weekly RentEUR 150 – 350 (INR 13.5K to 32K)
Monthly RentEUR 500 – 1,100
Meals  EUR 80 – 150 (INR 7K to 13K)

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Factors Deciding the Cost of Student Accommodation

The cost of student accommodation isn’t set in stone. Several factors influence how much you’ll pay. As an international student, it’s important to know these factors to help you plan and manage your finances effectively. Here are the factors that decide the cost of student accommodation:

Geography

  • The location of your university plays a huge role in determining accommodation costs. For instance, cities like London, New York, or Sydney are more expensive compared to smaller cities or towns.
  • Big cities generally offer a wider variety of accommodation but at higher prices. However, if you opt for accommodation a little farther from the city centre, you might save some money.

Type of Accommodation

  • Accommodation can range from university-managed halls (which are often cheaper) to private studios and shared apartments. University halls might cost you less but provide fewer amenities, while private rentals might give you more independence but come at a higher price.
  • Homestays are also an option, where you live with a local family. These can sometimes be cheaper and provide a great opportunity for cultural exchange.

Location Within the City

  • If you live in the city centre or very close to your university, you can expect to pay more for rent. Living further out, in quieter neighbourhoods, could help reduce rent. However, remember to factor in the cost of commuting.

Living Standards

  • Countries with higher living standards generally have more expensive accommodation. For example, Sweden or Canada might have higher living costs than India or China, and this directly affects student accommodation prices.

Amenities and Utilities

  • Some accommodations come with all-inclusive packages where utilities (electricity, water, Wi-Fi) are covered. Others charge for these separately. Always check the full cost breakdown to avoid surprise expenses later.

Types of Student Accommodation Prices by Type

Student accommodation comes in different forms, and the price varies based on the type of living arrangement. Students can choose the right accommodation for themselves by understanding their needs and preferences. Let’s break down the types of student accommodation by price type:

  • University Halls of Residence

Cost: USD 400 – USD 900 per month (depending on the country and city).

Usually the most affordable option for students, especially if you’re on a tight budget. University halls may offer basic facilities but are great for socializing with other students.

  • Private Rentals (Flats or Studios)

Cost: USD 600 – USD 1,500 per month.

Renting a private apartment or studio provides more independence, but you’ll pay a higher price. You will also be responsible for utilities like electricity, water, and Wi-Fi.

This option is great for students who value privacy and are willing to pay a little more.

  • Shared Accommodation

Cost: USD 500 – USD 1,000 per month.

Shared flats or houses are common in most cities. The rent is usually split between several students, making it an affordable option. You’ll share the kitchen, bathroom, and living areas but enjoy your own space in the bedroom.

  • Homestays

Cost: USD 300 – USD 800 per month.

Living with a local family can be a great cultural experience. Homestays are often more affordable and include meals, but you’ll have to adapt to house rules and family routines.

Short-Term Accommodation

Cost: Varies widely (depending on duration and location).

Short-term options like serviced apartments or hostels can be useful for students arriving early or for those with short courses. Prices vary, but it’s often higher than long-term rentals.

Also Read: 

    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. 

    1. Choose Shared Accommodation: Opting for a shared apartment or room is one of the easiest ways to reduce your accommodation costs.
    2. Book Early: Try to secure your accommodation well in advance. Early bookings often come with discounts or lower prices.
    3. Consider Living Outside the City Center: Accommodation in the city centre is usually more expensive. Consider living in a neighbourhood a little further out and using public transport to commute to campus.
    4. Look for All-Inclusive Packages: Some accommodations include utilities, Wi-Fi, and council tax in the rent. This saves you from having to deal with separate bills and helps you budget more efficiently.
    5. Take Advantage of University-Sponsored Housing: University-run housing is usually more affordable and safe. It also offers easier access to campus facilities and activities.

    Hope you liked reading our blog about the Average Cost of Student Accommodation around the world. For a stress-free stay during your study abroad adventure, choose Fly Homes. Call 1800572118 to reserve your ideal accommodation abroad with ease.

    FAQs

    Can I find cheaper accommodation options?

    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. 

    Is it cheaper to live on or off campus?

    Living off-campus can sometimes be more cost-effective, especially if you can find affordable rental options or share expenses with roommates. 

     Are bills included in the accommodation costs?

    In some accommodations, utilities like electricity, water, and internet may be included. However, it is important to check it once with the provider. 

    What is the average cost of student accommodation worldwide?

    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.

    How much does student accommodation cost in Europe?

    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.

    How can students save money on accommodation costs?

    Students can save by opting for shared housing, living further from city centres, applying for housing scholarships, or choosing universities in affordable regions.

    Are utilities included in student accommodation costs?

    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.

    What is the cost of shared student accommodation?

    Shared accommodations, such as dormitories or shared apartments, typically cost between $200 and $800 per month, depending on the country and amenities provided.

    What resources can help find affordable student accommodation?

    Websites like Student.com, HousingAnywhere, and local university housing offices can help students find affordable and suitable accommodation options worldwide.

    What are the most expensive countries for student accommodation?

    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.

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    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.

    About Bhumika Sharma

    A writer with a fresh perspective, I write to help students navigate the exciting yet challenging journey of studying abroad. With a keen focus on student accommodation, cost of living, and university admissions, my blogs provide practical advice tailored for international students. My goal? To make studying abroad less overwhelming and more rewarding.

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