How Much Does It Cost To Live As A Student In Cambridge?

We’ve estimated that in 2023-24, students should allow approximately £11,020² for living costs in Cambridge for the year, depending on lifestyle.

Cost-effective living.

Is Cambridge city expensive for students?

Student Guide: Living In Cambridge On A Budget. Some of you may think that living in Cambridge can be super expensive, but we’re here to tell you, it doesn’t have to be. Although Cambridge can be expensive, it’s not really dissimilar to any other city, and we’ve got some cost-effective tips to help you.

Is Cambridge expensive to live?

Below London, we would find Cambridge is the second most expensive place to live in the United Kingdom. With the average property price being around £430k. So what makes the house prices in Cambridge so expensive and does it mean Cambridge is a nice place to live?

How much is the cost of living for a student?

The average student’s living costs are about £924 a month, but our findings reveal that Maintenance Loans often fall far short of covering students’ living expenses. It’s probably no surprise that rent takes the biggest chunk out of the student budget.

How much does it cost to live in the UK as a student?

Ques. How much does it cost for an international student to live in the UK? Ans: The living costs may vary depending on the city, lifestyle, university etc, but the average cost of living in UK for international students is around GBP 900 to 1300 per month.

Which city in UK is cheapest for students?

Cardiff has topped the NatWest Student Living Index 2022 list of the five most affordable UK cities for students. It beat Sheffield to the top spot, with the 2021 winner coming in joint third with Southampton and Coventry. Cambridge was found to be the second most affordable city for students.

Is rent expensive in Cambridge?

A single person estimated monthly costs are 861$ (756£) without rent. Cambridge is 35.59% less expensive than New York (without rent). Rent in Cambridge is, on average, 60.82% lower than in New York.
Cost of Living in Cambridge.

Is Cambridge UK a rich area?

Cambridge is a wealthy, fast-growing city renowned internationally for knowledge creation, the tech industries and biosciences. It is one of the best small cities in the world and one of the best places to live in the UK.

What salary do you need to live in Cambridge?

The Real Living Wage enables a person to have a minimum acceptable standard of living with less reliance on benefits, and is calculated annually according to the cost of living in the UK. The Real Living Wage is currently £10.90 per hour. Living Wage Week 2021 took place from 15 to 21 November.

Is Cambridge cheap to live?

The average cost of living in Cambridge is $1932, which is in the top 18% of the most expensive cities in the world, ranked 1701st out of 9294 in our global list, 9th out of 277 in the United Kingdom, and 5th out of 231 in England.

Is 3000 pounds enough to live in London?

In the UK, a monthly net income between £2,000 and £3,000 is considered to be a good salary. With that income, you can afford a decent life in a large British city, including renting a two-bedroom apartment, eating out, and spending weekends away.

How can a student live for cheap?

10 tips for living on a student budget

1. Spend in cash.
2. Is it essential?
3. Split up your allowance.
4. Recycle.
5. Make stuff from scratch.
6. Switch bank accounts.
7. Save, save, save.
8. Use My Endsleigh for cashback.

How much are bills per month UK student?

A student living by themselves in a 1 bedroom house will pay an average of £181.70 a month on bills, whereas a student in a 7 bedroom house will pay an average of just £52.90 a month – a pretty big difference of £128.80!

Is it cheaper to live on or off campus UK?

UK housing rates invariably rise each year. One can almost guarantee a price increase while living on campus! On the other hand, rates for off-campus apartments tend to hold steady over time. Off-campus housing simply has more rate flexibility and is more in tune with the housing needs of students.

How much a student can earn in UK while studying?

How much can a part-time student earn in the UK? For students aged between 18 and 20, the national minimum wage works out at £6.15 per hour. For those aged 21 and over, they can earn £7.70 per hour in the UK.

How much do students pay for rent in UK?

The average amount students pay for rent in the UK is £148 per week – which works out at around £641 per month.

Which is the safest city in UK for students?

York. York is one of the prettiest areas to study and work in the UK, and as well as boasting rich history, it also is a very friendly. This is why it made it onto our list of the safest place to live in the UK in 2022.

How much money do I need as a student in UK?

Money to support yourself (‘financial requirement’)
How much money you need depends on where you will be studying. You’ll need either: £1,334 per month (for up to 9 months) for courses in London. £1,023 per month (for up to 9 months) for courses outside London.

How can a student live cheap in UK?

Table of Contents

1. Thoroughly Research Accommodation Options.
2. WALK!
3. Swap Out High End Supermarkets.
4. Branded Goods Doesn’t Always Mean it’s ‘Better’
5. Reduce The Amount Of Money Spent On Takeaways.
6. Stick To Free And Cheap Attractions.
7. Make The Most Of Student Discounts.
8. Keep Fit Outside.

Is it cheaper to live in Cambridge than London?

This calculation uses our Cost of Living Plus Rent Index to compare cost of living. This assumes net earnings (after income tax). You can change the amount in this calculation.
Cost of Living Comparison Between Cambridge and London.

Is it cheaper to live in Cambridge or Oxford?

Both Oxford and Cambridge cost around the same amount, although Oxford is more expensive if you are an international student.