Tuesday, September 13, 2016

Budget Counting : Approximating Cost of Living


One of the most daunting questions of all time : "How much money will it cost for me to stay in the UK as a student?"
And that is what this post will serve as, a rough guide on how much money you might need per week, including accommodation, groceries, light entertainment (drinking or eating out) and general transportation costs. (If you are going to study in Teesside University.)

1. Accommodation prices per week (in 2016)

If you're looking for a normal student accommodation, it varies for each section, but here's the link to the uni's accommodation website for more details :
http://www.tees.ac.uk/sections/accommodation/

If you decide to live outside, the cost per week is approximately £75/week. But the further you live from the uni, the cheaper. It may drop to £70/week but that means you'll have to walk for quite some distance to reach your lecture hall. There are also more expensive choices available, though I'm not quite clear on which are those, but they provide you with studio apartment living style for quite a hefty price.

*Note that these are not the prices for other areas like London or Manchester as their accommodation cost is far more expensive than Middlesbrough.*

So estimated :
£75/week

2. Groceries 
You can get away with around £15-20 per week with a big bag of groceries because quite some things over here can be bought at a fairly cheap price. Here are a few examples:


 Just some little groceries that I've bought from Aldi and Iceland. They are considered as the cheaper alternative for grocery shopping. Of course, more expensive supermarkets like Tesco and Sainsbury's will have a higher price, for example, almond milk costs £1.75 in Sainsbury's, in comparison with Aldi which is for £0.99.

So approximately:
£20/week

3. Entertainment and eating out

If you are not the type to cook and would rather venture out for food, the restaurants in town varies from £6 (a lunch value meal) to £12 (a 2-course meal) and more. Of course, there are also budget value meals that cost £3 (a sandwich, a drink and chips) which are found in major local marts. (The closest is Sainsbury's, Tesco and the Student Union shop.)

Movie tickets are approximately £9, while a night out to the clubs will cost you around £4-£8 if I'm not mistaken.

So approx. (you can skip this part if you're not interested) :
£10 

4. Transportation

If you fancy a trip around the outskirts of Middlesbrough, then it will cost you about <£5 for a single ticket by bus and <£10 by train. 
*Just a heads up if you're interested, a return ticket to Newcastle(the nearest city) on the X9, X10 bus costs £7.60.*

So, let's say, another £10.

So in approximation, with a bit of leeway for coffee and snacks, a week will cost you :
£75 + £20 + £10 + £10
= £115  

Do not that this is just in an approximate count and it varies for each person, based on their living style. This is to serve as a basic knowledge on the living cost of a student in Teesside University. Of course, the cost of living will change over the years, so I am speaking out of experience in the year 2016. :)

Hope this will help everyone in getting a rough idea!

2 comments:

  1. Nice info to start living in UK..
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