Cambridge and Bristol overshadow London as the UK’s most expensive student cities for accommodation. And Leeds is best for those looking to maximise their student loan. The difference in rental prices could cost a student over £2000 per year.
Cambridge and Bristol Universities break the £95 per week rental barrier compared to the national average of £75.25. Privately renting students in the most expensive city Cambridge (£97.25 per week) spend 79% more on rent than students in least expensive Liverpool (£54.25 per week) ·
New research by independent estate agent haart, is based on the 24-strong elite Russell Group of universities. The findings are based on the cost of living, including renting a bedroom.
Cambridge, home of the 2nd academically ranked university¹, after Oxford, is the most expensive with the cost of a bedroom in a privately rented home an average of £97.25 per week – more than £20 more than the national average of £75.25. Compared to Liverpool, rated at 29 in the academic rankings, where a room rental costs £54.25 per week,
Cambridge students are paying 79% higher rents which amounts to £2,236 extra spent over the course of a year. Durham, placed fifth in the academic rankings table appears to offer the best value for money by offering the highest ranking for lowest rental costs. The weekly cost of privately renting a room in the city averages £62.
Tuition, accommodation and libation
Within London, the London School of Economics and Political Science (LSE) is slightly cheaper in terms of tuition costs, falling £500 per year lower than most of the Russell Group universities, who charge £9,000 for a Bachelor of Arts course, but this saving is more than swallowed up by the £2236 more it costs to rent in the capital. This disparity even affects the most important factor to students – the average cost of a pint of beer.
Unsurprisingly, the most expensive student pint can be found at London’s universities, where at an average of £3.60 for a lager, the student loan has further to stretch compared to the lucky students of Cardiff University, who pay £1.35 less for their city centre pint.
For those students looking to save money on their rental expenses and their social life, the top tip is to study in Leeds, where average rent is £58.50 and the beer averages £2.45 a pint, £1.15 less than London and 30p less than Glasgow.
¹Universities are listed in order of academic excellence
New research by independent estate agent haart, is based on the 24-strong elite Russell Group of universities. The findings are based on the cost of living, including renting a bedroom.
Cambridge, home of the 2nd academically ranked university¹, after Oxford, is the most expensive with the cost of a bedroom in a privately rented home an average of £97.25 per week – more than £20 more than the national average of £75.25. Compared to Liverpool, rated at 29 in the academic rankings, where a room rental costs £54.25 per week,
Cambridge students are paying 79% higher rents which amounts to £2,236 extra spent over the course of a year. Durham, placed fifth in the academic rankings table appears to offer the best value for money by offering the highest ranking for lowest rental costs. The weekly cost of privately renting a room in the city averages £62.
Tuition, accommodation and libation
Within London, the London School of Economics and Political Science (LSE) is slightly cheaper in terms of tuition costs, falling £500 per year lower than most of the Russell Group universities, who charge £9,000 for a Bachelor of Arts course, but this saving is more than swallowed up by the £2236 more it costs to rent in the capital. This disparity even affects the most important factor to students – the average cost of a pint of beer.
Unsurprisingly, the most expensive student pint can be found at London’s universities, where at an average of £3.60 for a lager, the student loan has further to stretch compared to the lucky students of Cardiff University, who pay £1.35 less for their city centre pint.
For those students looking to save money on their rental expenses and their social life, the top tip is to study in Leeds, where average rent is £58.50 and the beer averages £2.45 a pint, £1.15 less than London and 30p less than Glasgow.
¹Universities are listed in order of academic excellence
