How much do I need for living costs?
We have worked out some sample budgets for students in Loughborough and London to indicate how much you might need to live on.
All figures are intended as guidance only and may vary depending on personal preferences or external factors that affect the cost of living.
Loughborough costs
|
Costs |
Weekly |
Monthly |
|---|---|---|
|
Living costs |
£127 | £550 |
|
Rent (approx.) for self-catered accommodation |
£122 - £235 | £529 - £1,021 |
|
Rent (approx.) for catered accommodation (Note - living costs will reduce as you can expect to spend less on food.) |
£166 - £249 | £720 - £1,079 |
Notes
Living costs include food, housekeeping/laundry, toiletries, clothing, utilities, telephone, leisure and TV.
You will need to add on any travel costs (including travel to the university from home and during term time), course costs such as books or materials, personal medical costs.
If you have children or others who are financially dependent then your costs will be higher.
London costs
|
Cost |
Weekly |
Monthly |
|---|---|---|
|
Living costs |
£174 |
£754 |
|
Rent (approx.) for self-catered accommodation |
£300 - £317 |
£1,303 - £1,374 |
Notes
Living costs include food, housekeeping/laundry, toiletries, clothing, utilities, telephone, leisure and TV.
You will need to add on any travel costs (including travel to the university from home and during term time), course costs such as books or materials, personal medical costs.
If you have children or others who are financially dependent then your costs will be higher.
These figures provide a general guideline, but we would always advise you to set up an individual budget and monitor your spending.
How can the University support you?
If you require further guidance or advice you can contact the Student Advice and Support Service.
Last updated: 24th June 2025