How much do I need for living costs?

We have worked out some sample budgets students in Loughborough and London to indicate how much you 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

Cost

 Weekly

Monthly

Average Accommodation cost

£110.00

£476.00

Utilities

£25.00

£108.00

Food

£50.00

£217.00

Laundry/household

£7.50

£32.50

Travel

£20.00

£87.00

Course costs/books

£9.00

£39.00

Insurance

£3.00

£13.00

Telephone

£5.00

£22.00

Clothing

£10.00

£43.00

Leisure

£30.00

£130.00

Total

269.50

1167.50

 

Notes

For undergraduates an academic year is 39 weeks including Christmas and Easter vacations but not the long summer vacation.

For postgraduates an academic year is 52 weeks including all vacations.

If you have children or others who are financially dependent then you will need to add an amount for each person – £157 per week/£680 per month.

On-campus accommodation may include some catering - in which case the accommodation cost will be higher but you can expect to spend less on food.

Utilities are sometimes included in the accommodation costs, e.g. in halls of residence and some private rented accommodation.

If you live in a catered hall on campus then the amount for food will be lower. Meal options vary between 10, 15 and 19 meals per week.

For International Students and those who live abroad, the travel cost does not include cost of travel to/from your home country.

London costs

Cost

 Weekly

Monthly

Average Accommodation cost

£200.00

£867.00

Utilities

£25.00

£108.00

Food

£50.00

£217.00

Laundry/household

£8.00

£35.00

Travel

£40.00

£173.00

Course costs/books

£9.00

£39.00

Insurance

£3.00

£13.00

Telephone

£5.00

£22.00

Clothing

£10.00

£43.00

Leisure

£32.00

£139.00

Total

£382.00

£1,656.00

 

Notes

For postgraduates an academic year is 52 weeks including all vacations.

If you have children or others who are financially dependent then you will need to add an amount for each person – £195 per week/£845 per month.

Sometimes utilities are included in the accommodation costs, e.g. in halls of residence and some private rented accommodation.

For International Students and those who live abroad, the above travel costs do not include cost of travel to/from your home country.

How can the University support you?

If you require further guidance or advice you can contact us.

Last updated: 12th July 2023