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Market Research Reports > News & Press-Releases > High cost of living for students

High cost of living for students

04 Aug 2008

Exeter University has the highest cost of living for students in the UK, according to research.

However, just 45 miles (73km) away, Plymouth University is the most cost-effective place to study.

The cost of living index, published by NatWest Bank, found that in Plymouth students were, on average, £3,510 better off that those in Exeter.

Researchers said rental costs were cheaper in Plymouth and there was more part-time work available.

The average Plymouth student will spend £217 a week on housing and other living costs such as food.

They will also make about £115 a week from part-time work.

In Exeter, students will spend £294 on living costs but make just £67 from part-time work, making it even more expensive to study at than London universities.

Mark Worthington, head of student banking for NatWest, said: "There is a disparity between Plymouth and Exeter.

"The main reason is the availability of part-time work. About 47% of students in Plymouth have part-time jobs."

Plymouth University student James Redfern said: "I had a part-time job in the students' union shop.

"I worked anything from 10 hours a week to 25. It's necessary to have a job to keep enough money coming in for food."

The poll questioned 2,600 undergraduates in 26 places.

Source: BBC News






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