The cost of accommodation in the UK for international students depends on the type of accommodation you have chosen for yourself. ... For instance, the end of 2017 they hit 3.1% – a five-year high for the UK’s cost of living, food prices rose at their fastest for four years as well as the cost of everything from transport to clothing. Enter your email below: Your email address will not be published. Cost of living in the UK can put a massive strain on your capacity to save and invest. Interested? Manchester is also home to one of the world’s most iconic football stadiums, Old Trafford, home to Manchester United. 1. What's the difference between England, Britain and the United Kingdom? Overall, monthly cost of living is about US$1,400 cheaper (including rent). So I figured, why not analyse the cost of living in the most popular UK cities to figure out… 1. Most expats living in the United Kingdom will have access to at least some level of free healthcare on the country's National Health Service, and they'll be eligible to send their children to British state schools at no cost. You'll also want to consider things like: Useful advice on how to spread out your student loan and create and stick to a budget. Get new posts about investing & retiring early by email (max 2-4 per month! January 2018 average wage data sourced from Adzuna. Rent in United Kingdom is, on average, 23.72% lower than in United States. © var year = new Date();document.write(year.getFullYear()); Sam Jefferies, Money Nest does not provide financial advice in. Data from the above and following tables is taken from Numbeo & Land Registry before being hand cranked by the Money Nest crew. Is a stock market crash about to happen? Travelling by long-distance bus in the UK is a more economical option, though. Its website has loads of data that can look overwhelming, but it's a great way to compare the cost of living in popular student cities. Fortunately, there are plenty of relatively cheaper student cities in the UK that equally boast a high quality of education and lifestyle, as well as plenty to see and do. Want to know the best part? Coventry also ranks 71st for affordability in the best student cities index, and 44th overall. Numbeo breaks down the cost of individual items in all cities across the UK. In some cities, if you earn the average wage, you’re working to simply meet your essential spend – leaving you with nothing in the way of disposable cash come year’s end. Council tax is usually not included in the cost of renting a property in the UK and is loosely based on the value of the property. This brings things into perspective when compared to the average wages of each city, for instance, the examples below show those cities left with the highest and lowest amount of money after the average annual household spend per region has been taken off their wages…. 2. Across Aberdeen’s two internationally ranked universities, tuitions fees average US$17,900, which is cheaper than most UK universities. Rent in Edinburgh is over 51 percent cheaper than in London (as estimated by Numbeo), and according to the University of Edinburgh’s official website, international applicants of 2018-19 are estimated to pay a minimum living cost (including rent) of around US$891 per month. The index on this chart references percentage increases in wage growth with a baseline of 100. So I figured, why not analyse the cost of living in the most popular UK cities to figure out…. Prices vary across the UK – these are average costs for London in February 2020. Every country in the UK has seen at least a 60% wage increase since 1997. I’ve already gone ahead and cranked the numbers have a scroll down to see which cities rank highest for disposable income: What happened to Hull!? Glasgow is 38 percent cheaper than London, with rent costing over half the amount it does in the capital (56 percent). London, as the capital, is more expensive than its surrounding towns and cities. Additionally, the Telegraph recently named the University of Nottingham as the second-cheapest institution for studying in the UK, with an average total weekly spend of approximately US$235 (about US$940 monthly).