As a globally renowned destination for studying abroad, the University of Cambridge attracts an abundance of students. However, it is advisable for students to have a comprehensive understanding of the cost of living prior to their arrival. Despite its reputation as an upscale city, with prudent budgeting and awareness, one can effectively manage expenses. Choices significantly influence the costs in student accommodation, modes of transportation, and spending patterns related to extracurricular activities. On average, the cost of living in Cambridge amounts to approximately £1,500 per month. This blog will delve into each aspect in meticulous detail.
Average Living Expenses In Cambridge
Cambridge is home to two prestigious universities. The University of Cambridge, a globally renowned institution, enrols approximately 25,000 students. Equally esteemed is Anglia Ruskin University, which boasts a student population of 40,000. For prospective students coming to Cambridge, we have compiled a comprehensive list of expenses to provide insights into life here.
| The Cost of Living in Cambridge 2024 | |
|---|---|
| Cost | Price/annual |
| Accommodation | ￡4800~￡20000 |
| Food | ￡3000~￡7000 |
| Entertainment | ￡1000~￡8000 |
| Transport | ￡500~￡1500 |
| Network | ￡120~￡500 |
Cambridge Cost of Living: Accommodation
The type and price of accommodation in Cambridge are the first things to consider for students. Most students like finding cheap apartments near campus, but it is not easy. uhomes is always here to help, and we offer different types of student accommodation in Cambridge at different price points, including ensuite, non-ensuite, Studio, Shared room and Social Property. All apartments are designed based on the needs of the students, and our professional advisors will answer any questions students may have.
Cambridge Cost of Living: Food
Food is an essential need for everyone and can significantly impact a student’s finances. According to NUMBEO, students usually spend around £200 to £500 per month on various food expenses like grocery shopping, dining out or snacking. To save money effectively, consider planning meals and purchasing groceries together with your roommate since sharing costs among more people reduces the average expenditure. Opting for affordable supermarkets rather than upscale ones would also help cut down expenses in Cambridge while reducing eating out frequency and bringing homemade lunches to campus.
Cambridge Cost of Living: Transportation
As Cambridge is a vast and prominent city, students often need to use various means of transportation to get around. Fortunately, students can purchase multiple tickets and cards to receive discounts. For example, the famous Railcard in the UK offers discount cards for different groups of people, which can save up to 30% on train fares. In addition, local public transportation companies also provide flexible ticket options such as round-trip tickets, weekly tickets, and monthly tickets, which can effectively reduce transportation costs.
Cambridge Cost of Living: Utilities
It would help if you also considered how you would pay for other things you want to buy, such as clothes, gym memberships, phone and internet bills. Shopping is a personal expense, with some people spending hundreds of pounds at a time, and Uhomes advises students to do just what is necessary. The best student SIM plans start at just £10 a month, and the “pay as you go” type can be cancelled at any time. Internet charges and utilities are usually included in student housing bills. Note that students living in social housing may have to pay for them themselves.
Tips To Save Money Living In Cambridge
Although the cost of living in Cambridge is even higher than in Manchester, students can effectively reduce their costs by making more sensible choices about how to manage their finances. There are many ways to save money, starting with making a monthly budget and planning your spending.
- Choosing reasonably priced accommodation for Cambridge students
- Preparing your own meals or eating at affordable restaurants
- Taking advantage of student discounts
- Setting limits for unnecessary spending
- Visiting free attractions such as parks and museums
FAQ
Known for its famous universities and picturesque scenery, Cambridge does have a high cost of living. Housing is often the most critical expense, followed by food. According to statistics, the average monthly cost in Cambridge is about 1,500 pounds.
There are several factors that affect the cost of living for Cambridge students. A key aspect is choosing affordable accommodation options. It is recommended to explore affordable student housing options within the city. Another factor to consider is the cost of food. Students can save money by cooking their own meals or choosing affordable restaurants. In addition, visiting free attractions such as parks and museums can provide entertainment at no extra cost.
On average, the cost of living will vary greatly depending on a person’s lifestyle choices and accommodation preferences. Students can expect to spend between £1,200 and £1,500 a month, including rent, utilities, food, social events and transport.
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