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Portsmouth most cost-effective UK student city in 2016

A recent survey has found that students in Portsmouth are getting the best value for money

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Portsmouth has been revealed as the most cost-effective city for students in the latest Natwest Student Living Index, followed by Liverpool, Newcastle, Belfast and Exeter.

 

More expensive student cities are Edinburgh, Southampton, Cambridge, Oxford and Plymouth.


Accommodation

The national average cost of rent is £109 a week and the cheapest place to live for students is Belfast, where the average cost of weekly rent is just £73.81. After Belfast the next cheapest options are Manchester, Norwich, Cardiff and Glasgow. 

 

Students living in Oxford can expect to have their wallets pinched. It's the most expensive student city for accommodation and rent will set you back at £135.38 a week. Cambridge, Brighton, Plymouth and Exeter also have costly accommodation.

 

Bills, bills, bills!

As students renting accommodation will tell you, bills can also add up. According to the survey the weekly national average expenditure on bills is £9.65.

 

Brighton is costly for household bills - students can expect to pay around £15 a week. More affordable locations for bills are Reading, Nottingham, Sheffield and Bristol.

 

Going out

Studies are a key part of your university investment, but letting your hair down and forming life-long friends is also integral to your overall experience!

 

The average student in the UK spends £6.65 a week on socialising and Edinburgh students are spending the most - on average £8.19 a week. After Edinburgh, students in Belfast, Newcastle, Brighton and Glasgow are spending the most on going out and students in Birmingham, Cambridge and Cardiff are spending the least.  

 

Alcohol

University students in the UK are known for their drinking! According to the survey the average student spends almost £7 a week on alcohol and Newcastle students are forking out the most - almost £10 a week of their savings goes on buying booze!

 

The more sensible drinkers are in Birmingham, London, Brighton, Southampton and Cambridge. Birmingham students on average spend less than £5 a week on alcohol, giving them more money to spend on other things! 

 

About the survey 

The Student Living Index 2016 analyses results from 2,514 university students. The table is calculated by taking average local weekly student expenditure on living and accommodation costs divided by average local weekly income for students.
 

How would you choose to spend your money? And where will you study? Search for a university now!

 

The 25 most cost effective UK universities

City

Ranking

Portsmouth

1

Liverpool

2

Newcastle

3

Belfast

4

Exeter

5

York

6

Cardiff

7

Nottingham

8

Birmingham

9

Dundee

10

Manchester

11

Norwich

12

Leicester

13

Brighton

14

Reading

15

Glasgow

16

Leeds

17

Bristol

18

London

19

Sheffield

20

Plymouth

21

Oxford

22

Cambridge

23

Southampton

24

Edinburgh

25

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About Author

Katie Duncan is Editor of Hotcourses Abroad and is an NCTJ-qualified journalist and University of Exeter graduate. Having worked at an English language school in the UK, as an educational consultant in Spain and as a reporter in the international education sector, she is well placed to guide you through your study abroad journey. Katie grew up in Australia, which perhaps explains her unusual reptile collection, comprising of a bearded dragon (Bill) and tortoise (Matilda).

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