Cost of living in the UK: Highlight

Cost of Living in UK for a family of 4

The average cost of living in the UK for a family of four is between £4,000 and £4,500, including rent. It will change if you live outside of the major cities. Your living expenditures will also be determined by how well you manage your finances; however, the sum as mentioned above covers major expenses such as rent, food, transportation, and taxes.

Cost of Living in UK for Single Person

The typical cost of living in the UK for a student is from £1000 to £1600, including rent. Depending on where you live, it may be different. It could be a single flat where you live alone or a shared apartment with another person.

Cost of Living in UK for Indian Students

While the cost of living anywhere in the world is determined by your personal preferences, the cost of living in the UK is determined by the city in which you dwell. It is difficult to determine the exact cost of what will be spent, but we can estimate the cost of living. It is listed below.

Read More About: Study in UK

Accommodation Cost in UK for International Students

Accommodation is another crucial factor that contributes significantly to the expense of studying in the UK for Indian students.

• University Accommodation: Most colleges provide on-campus or reduced housing for international students. You can get this for free as part of your offer or for a fee. In general, university residence halls are the greatest and most affordable options.
• Private Accommodation: If you decide to live in a private residence, look for options that are close to your university. You may generally find a suitable location to live and study for £350 to £550 (31000 - 49000) each month. Prices vary by city in the United Kingdom, with London being the most costly.

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Cost of Living in Ireland

Cost of Public Transport in UK

Subways are the most cost-effective way to travel in and around the United Kingdom. The Tube system in London is extensive and reasonably priced. There are various student discounts available to make travel more inexpensive.

• For Short Distance: Tubes, regional trains, and buses are all readily available. It is most cost-effective to get a monthly pass for tube trains or buses. If you are going to rent a taxi, ensure it is running on the metre. To minimise confusion, it is best to agree on a sum ahead of time if the metre is not operating.
• For Long Distance: If you want to travel a great distance, such as from one city to another, you should consider one of the following options:
  • Air
  • An intercity bus
  • Railways

Cost of Utilities in UK

The average cost of gasoline in the UK is £1,131 per year, which is around 4% of the average household budget. The average monthly energy cost is £34, while water costs vary depending on where you live in the UK. The annual water and sewerage expense are projected to be £400. Water conservation and reducing needless water use can help you save money. The average cost of broadband in the UK is £27.50, including internet and television services.

Cost of Education in UK

Tuition fees are a significant portion of the cost of studying in the UK for Indian students. Tuition prices for undergraduate degrees can easily range from £8000 to £9000 (7,10,000 - 8,00,000), with the highest limit reaching £30000 (27,00,000) depending on the university, course demand and reputation, university location, and other factors. For example, in 2020, LSE international undergraduate fees are £21,570 (£16,90,589) for the first year. Tuition expenses for postgraduate studies are often higher when MBA, engineering, and clinical degrees are considered. Arts courses are less expensive. Overseas fees start at £12000 and can go up to £35000 (31,00,000).

Quick Read: Cost of Studying in UK

Cost of Living in UK by City Wise

The higher the rent in the UK, the further north you go. Renters in the northeast pay the least money for housing. People in the north pay 40 percent less rent than people in England. 

The average rent in London is £1,480, making it the highest in the city.

Affordable Cities to live in the UK

Some of the most affordable cities in the UK with low living costs for overseas students are:

• Durham
• Belfast
• Leicester
• Stirling
• Lancaster
• Cardiff
• Newcastle
• Coventry
• Warwick
• Lincoln
• Nottingham
• Liverpool
• Manchester
• Birmingham
• Norwich

Living abroad can be demanding because you must constantly consider costs. The expense of studying in the UK for Indian students is a major worry that necessitates thorough research and comparison, particularly in terms of housing and rent. Living costs in the UK can be prohibitively expensive for overseas students. If you are unsure how to manage your spending in the UK, the specialists at AECC can help you find affordable housing, build a budget, and look into scholarship opportunities.