How Much Do College Students Spend On Rent

Regardless be honest with yourself and think about how much money you spend outside of your rent costs.

How much do college students spend on rent. Your costs may be higher or lower depending on where you live your personal choices and your lifestyle. Read on for the answers to such interesting and relevant questions. The cost of rent room and board and transportation for college students depends greatly on where they attend.

Things like entertainment groceries transportation cost. Traditional renting policies say that you need to earn at least 40 times your monthly rent in order to be approved for an apartment. Allowance for college student.

How much do college students spend. How Much Pocket Money Does a College Student Need. The average college student spends 16500 on Rent throughout a 4-year degree.

The majority of students will be eligible for some form of Maintenance Loan to cover their living costs at university but most students report that it doesnt stretch far enough. College students spend an average of 11140 on living accommodations and 2800 on transportation over the course of their time in school. Consider the budget below a sample that you can revise as needed for your own individual situation.

Each month they gave her 1000 all of which came from savings and their income to cover basic expenses like rent utilities and food. However there are a few students who spend 1300. Liverpool students spend the most on average with an expected cost of 3440 on a night.

In some states limits are as low as 100 while others are allowed to ask for several months rent. Most will still need help from their parents for living expenses. Some of our teens are starting college this fall.