Tuesday, May 15, 2012

London on a student budget

How much will living in London cost as a Student?

This is a basic Go-To-Guide when trying to account for the cost of living in London as a student. It all depends on how cost conscious or frivolous you are. It would be ideal to budget keeping in mind the following costs. The figures are not complete and this should be used as a guide and not a definitive table to calculate costs.

As you will see below:
- depending on where you decide to stay the rent cost will differ
- if you decide to stay as a PG your food cost will also be lesser than £450 a month
- as a rule, the further away from Zone 1 you stay the higher the travel cost
- also as a rule, the further away from Zone 1 you stay the lower the rent

Make sure you do not double count rent and food when estimating your costs.

Student living cost in London

Sr. No.
Monthly (£)
1 Local Travel (Travel pass) 200 This is for Zones 1 to 5. Visit http://www.tfl.gov.uk/tickets/14416.aspx
2 Food (3 meals a day @ £5) 450 If living in Uni. Halls
3 Food (1 meal a day @ £5) 150 If living as a PG
4 Rent (£100/week) 400 Inclusive of food at a family as PG
5 Rent (Uni. Halls @200/week) 800
6 Books £10
7 Entertainment £50 Movies, restaurants, events, concerts, day trips…
8 Phone calls to India (1pence/min) £10 100pence = £1
9 BBM + mobile internet £5 Unlimited BBM + Internet
10 Phone calls within UK £25 Make your own plan on a billing plan


Students get 30% travel discount on travel within London

With a valid NUS or university card you can get discounts at almost every place

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