Work out student living cost instantly with clear inputs, formula shown and shareable results.
Student living costs are dominated by rent, which typically accounts for 45-55% of the budget. Reporting both the academic-year and the full-year figure matters because accommodation contracts often run 12 months even when the course runs 10.
Monthly total
Monthly = Rent + Food + Transport + Other costs
Academic year
Academic year = Monthly total x 10 months
Twelve if the tenancy runs all year or you stay over the vacation. Ten only if you genuinely give up the accommodation between terms.
Utility bills where they are not included in rent, and one-off setup costs for bedding, kitchen equipment and a deposit.