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 |
£145* | £630 |
|
Rent (approx.) for self-catered hall accommodation (Note - living costs will reduce as you can expect utilities to be included in your rent.). |
£125 - £240 | £540 - £1,040 |
|
Rent (approx.) for catered hall accommodation (Note - living costs will reduce as you can expect to spend less on food and utilities will be included in your rent). |
£170 - £250 | £735 - £1,085 |
|
Rent (approx.) for off-campus self-catered accommodation (Note - living costs will reduce if utilities are included in your rent). |
£85 - £185 | £370 - £800 |
Notes
* Living costs include food, housekeeping/laundry, toiletries, clothing, utilities, telephone and leisure.
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, TV licence (if needed), any insurance policies you might have and 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 |
£170* |
£735 |
|
Rent (approx.) for self-catered accom (Note - living costs may reduce if utilities are included in your rent). |
£240 - £465 |
£1,040 - £2,015 |
Notes
* Living costs include food, housekeeping/laundry, toiletries, clothing, utilities, telephone and leisure.
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, TV licence (if needed), any insurance policies you might have and 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. You might chose to do this using the sample spreadsheet on the Save the Student website and / or the different budgeting apps available.
How can the University support you?
If you require further guidance or advice you can contact the Student Advice and Support Service.
Last updated: 6th June 2026