Cost of Living in the UK: Opting to study in UK is probably the best possible opportunity you are giving to yourself. The flexible academic structure, the international recognition and the diverse student body from all around the world gives you a dynamic chance to share your background and discover new thoughts and perspectives. In nutshell studying in UK gives an edge to your resume and help you grow as a competent individual in all aspects.
Without a doubt, the United Kingdom is one of the top places chosen by millions of people each year to pursue higher education at all levels, whether for undergraduate or postgraduate degrees.
Details on the Cost of Living in the United Kingdom
There is no doubt that the United Kingdom is a hub of world-class education, with some of the most prominent colleges, but one of the major reasons for its appeal is that the expense of education is significantly lower than in other nations, particularly the United States. Furthermore, the courses offered are substantially shorter than those offered by any other country.
The Cost of Education in the United Kingdom
Higher education fees in England vary from university to university and course to programme. The costs for various academic programs and courses vary greatly. Higher education schools often charge fees ranging from £ 8000 to £ 37000 per year for various study programs and degrees.
International undergraduate tuition fees range widely, from roughly £10,000 (US$14,130) to £38,000 (US$53,700) or more for medical degrees. Humanities and social sciences degrees are the least expensive at all levels, while laboratory and clinical degree programs are significantly more expensive, but when these fees are combined with the average cost of living in the UK, which is around £12,200 (US$16,950) per year, it’s difficult to see how you can study in the UK without spending a small fortune. The entire cost of studying in the UK is anticipated to be at least £22,200 (US$31,380) per year, with London likely to be much more expensive.
Tuition prices for PhD programs differ from university to university and course to course. In England, however, three-year PhD degree programs can cost between £11,000 and £30,000 each year.
While these costs may seem daunting, keep in mind that most UK universities offer shorter programs (three years for the average undergraduate degree instead of four, and one year for a master’s degree instead of two), so you may be able to deduct a year’s worth of fees and living costs from your total budget.
Working in the United Kingdom While Studying
From some of the world’s highest tuition prices to one of the most expensive countries to live in, studying in the UK costs a fortune.
Fortunately, you have numerous possibilities for making your education in British institutions a simple mission, which would not be the case in most popular study destinations. A well-developed and easily accessible student loan system, as well as numerous scholarship initiatives, will provide you with sufficient financial aid to study in the UK.
Furthermore, in the UK, as in the majority of the top international study destinations, foreign students are permitted to work part-time. As an international student in the UK, you are permitted to work up to 20 hours per week during term time and full-time during holiday holidays. However, there are numerous restrictions and conditions that must be met in order to work.
UK Living Expenses
London has a high cost of living, however when compared to other world’s greatest cities, the British capital is very reasonable. Aside from that, London offers the same quality of life as comparable places, as well as the same appeal among those considering making London their future home.
Maintaining financial stability is difficult for an ex-pat who is set to embark in a new and unfamiliar area (and this is not limited to London). As a result, you must make some estimates that will assist you in making the proper choices in your daily life schedule, such as locating a cheaper apartment to rent, an affordable restaurant to eat at, a shopping location, a suitable mode of transportation, and so on.
When you arrive in London, the first and most pressing priority will be finding a place to live. As one of the world’s greatest cities, rental prices are often higher than in surrounding places. The rental price disparity between central and outlying parts of London is not as wide as it is in other world’s largest cities. Simply said, rent in London is greater regardless of where you live. What else would you expect from London, baby? The good news is that rent prices in London have decreased as the British currency (pound) has weakened.
Average Monthly Food Cost in London
The cost of living in London will also be determined by how well you manage your food expenses. Some of the most basic goods are more expensive in London. Fortunately, UK institutions have dining halls on campus where students can buy a membership card and eat on a regular basis.
These dining halls are dedicated to providing students with a variety of menu options, each of which includes a large variety of meals at a lesser price. This way, you can choose what fits your budget and your preferences. The price of a lunch at these dining halls ranges between £5 and £10, with a lower margin of error.
Students, on the other hand, should avoid eating in London’s restaurants. A lunch at a low-cost restaurant costs about £15 on average, with prices ranging from £10 to £20. A supper for two people in a little more expensive restaurant costs between £40 and £70, or about £50 on average.
In other words, if you ate in a restaurant once a day, it would cost at least £450. When you factor in additional inevitable living expenses, the cost of living in London can quickly become exorbitant. Otherwise, it would be prohibitively expensive.
Transportation Spending in the United Kingdom
Traveling in the United Kingdom is simple because the country is well-connected by multiple modes of transportation. Several train lines, airports, cycle lanes, underground subways, and roadways are among them. However, coming to a new place necessitates extensive research, especially for international students who face a variety of constraints ranging from time to money.
In terms of financing, overseas students have numerous financial choices for studying in the UK. While most of us are aware of tourist attractions and historic sites in the United Kingdom, seeing them is made simple by the amenities provided in the country.
- Cycling- International students can purchase a used bike or rent one in the UK. The National Cycle Database will require students to register their bicycles.
- Trains-Most towns in the United Kingdom have train stations. Students aged 16 to 25 can save 30% on rail travel in the UK by purchasing a Young Persons Railcard (30 GBP).
- Underground- When visiting London, students can take the underground, also known as “the Tube.” – Purchasing a student Oyster card will benefit students because it provides a 30% discount.
- Buses are the cheapest mode of transportation in the United Kingdom. To travel in London, students will need to purchase a bus ticket in advance or have a student Oyster card.
- Trams are available in a few cities, including Sheffield, Manchester, and Edinburgh. Pay varies per city, as it does for buses. Students can obtain special tram travel cards.
- Coaches-These are larger buses that are used for longer journeys. Many companies sell extremely low-cost tickets for long-distance travel, including to nations other than the United Kingdom.
- Domestic flights-The United Kingdom has more than 20 commercial airports. It is a speedy and sometimes less expensive mode of transportation for overseas students.
Cost of Travel
A single bus journey outside of London and other major university cities costs roughly £1.50, with a student travel card costing £45 per month. Students at central London universities should budget £140 per month for travel (including the London Underground, buses, trams, and trains).
Students can also save one-third on regional train travel with a 16-25 Railcard. A single adult ticket from London to Brighton (a popular day trip destination) costs £17.50 on the day of travel, or £11.50 with a student railcard. A liter of petrol costs £1.16 on average, while a liter of diesel costs £1.18.
Accommodation Prices in the United Kingdom
Average Rent in London: Currently, renting an apartment in London will set you back more than a thousand pounds each month. A one-bedroom apartment in the city center is predicted to cost £1,649.03 per month on average. A comparable apartment in a suburban neighborhood costs £1,175.43 per month on average. Overall, the monthly cost of renting such an apartment in the central region goes between £1,200 and £2,200, while it ranges between £900 and £1,500 in the outskirts.
If you want a larger flat, the rent may potentially exceed £3,000. A three-bedroom apartment in the city center, for example, will set you back an average of £3,094.06. While you’re there, you might look for such an apartment with a monthly rent ranging from £2,200 to £4,500. Outside of the center, such an apartment can be found for £1,500 to £2,700 (£2,035.33 on average). It is always a good idea in these situations to find someone with whom you can share the apartment and therefore pay less rent. This is what the vast majority of international students in London do.
The Price of Student Housing in London
- University Halls and Private Residence Halls: Most UK institutions feature student housing that is referred to as “halls.” First-year students generally live in residence halls to ease their transition to school life. Although accommodation is competitive (and it is best to apply early), some colleges provide overseas students a guaranteed space in student halls for their first year. Contact your university to learn about the housing alternatives available.
- Other student housing options: Because halls are normally allocated for first-year students, many second and third-year students choose to live in a privately owned house or flat. If you want to rent an apartment on the private market, you can do so through an estate agent or a private landlord.
Rent varies widely based on location and standard of the house/flat, however living with roommates can relieve financial stress, and many people choose to live with a group of friends. This is many students’ first taste of living on their own, and it’s always a thrilling experience! Check out some of these fantastic student housing websites:
- Council Tax: If you live in the United Kingdom, you must pay council tax. They figure out how much you should pay per year based on where you reside and how many people live with you (it’s substantially less if you live alone). This fee contributes to the funding of garbage collection, police forces, and street maintenance. It normally costs around £25 (USD 40) every week.
- Other services: If these are not included in the rent, the weekly cost for gas, electricity, and water is around USD 40/$60. If you live alone or are out from home frequently for tourism, socializing, or studying, those costs may be lower. Heat may cause utility costs to fluctuate, but that estimate can help you budget throughout the year.
- TV license: In the United Kingdom, if you watch TV at all, even on a computer or tablet, you must pay for a television license. For color television, the licensing fee is £150 (USD 230) each year. Fortunately, this is per residence rather than per person, so if you have roommates, you simply split the fee.
- Travel expenses: Many people in the United Kingdom may purchase passes rather than owning a vehicle. It shortens the commute and allows you to travel further for less money. A monthly pass for most services costs £55, however, students can get significant discounts.