NEW analysis has revealed that Aberdeen is the third most affordable city in the UK for students, while Wolverhampton is the cheapest place to be a student in the UK.
The study by tutoring experts Superprof examined every university location across the UK, using data from Numbeo to find where students can live at the lowest cost. The analysis was based on cost-of-living factors such as the average price of weekly student accommodation, as well as weekly costs of alcohol, fast-food, coffee and taxi fares.
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The study revealed that Wolverhampton is the most affordable city to be a student, with an average weekly spend of £120.90. Derby came in second with the average weekly cost of £133.80 for students.
The research found that Aberdeen was the third most affordable city for students. The average weekly spend in Aberdeen is £134.90, and it is joint with the Welsh city of Bangor for the cheapest weekly spend on alcohol, with an average pint of beer costing just £3. The Scottish city can also offer the cheapest cost of fast-food, joint with Gloucester and Bangor, at £10 a week.
Liverpool topped the list for the cheapest taxi fare in the ranking at £10 for a five-mile journey, whilst Lancaster provided the most affordable average coffee prices in the UK at only £4.84 a week.
Top 10 Cheapest Places to be a Student in the UK | ||||||
City | Average Weekly Rent | Taxi (5 mile trip) | Beer (Weekly Average) | Coffee (Weekly Average) | Fast Food (Weekly Average) | Weekly Total |
Wolverhampton | £81 | £10.72 | £12.88 | £5.30 | £11 | £120.90 |
Derby | £90 | £12.92 | £14 | £4.88 | £11.98 | £133.80 |
Aberdeen | £94 | £13.56 | £12 | £5.38 | £10 | £134.90 |
Stoke-on-Trent | £101 | £10.24 | £13.20 | £5.50 | £12 | £141.90 |
Newcastle upon Tyne | £103 | £10.92 | £14.80 | £5.66 | £12 | £146.40 |
Gloucester | £108 | £16.04 | £12.40 | £5.92 | £10 | £152.40 |
Plymouth | £109 | £13.32 | £16 | £5.40 | £11 | £154.70 |
Liverpool | £110 | £10.04 | £16 | £5.80 | £13 | £154.80 |
Lancaster | £116 | £11.08 | £13.80 | £4.84 | £10.50 | £156.20 |
Bangor | £115 | £14.72 | £12 | £6 | £10 | £157.70 |
In contrast, London was unsurprisingly revealed to be the priciest city to live as a student, with an average weekly cost of £284.10, more than double the cost of being a student in Wolverhampton. London had the highest cost for both the average weekly rent for a student shared flat, £224, and the average price for a five-mile taxi journey with £18.
A spokesperson for Superprof commented on the findings: “Undoubtedly, students are always looking to save money whilst living on a budget, so it is fantastic to see so many affordable areas in the UK where people at university can have a good time without having to break the bank.”
“With cost-of-living currently on the rise, it is now more important than ever for students to know how to manage their money effectively. This ranking offers a valuable guide for prospective students into whereabouts in the UK their loan will stretch the furthest.”
Superprof is an online platform which helps connecting tutors and students in need.