We estimate that you will need between £6,000 and £8,000 per year for your daily living expenses including accommodation, food and local travel. Of course your actual living costs will vary according to your lifestyle.
It is important to budget your money carefully. The below table gives you some examples that demonstrate current living costs per month.
|Accommodation||£300 - £800 *|
|Travel (bus/trains/taxis)||£0 - £80|
|Food||£50 - £200|
|Mobile phone||£5 - £30|
|Leisure/entertainment||£30 - £100|
|Study costs (books, photocopying)||£10 - £20|
|Laundry||£0 - £20|
|Household bills||£0 - £72|
|Gym membership||£15 - £30|
|Approx Monthly Living Costs||£410 - £1,092|
* In 2017, university-owned weekly accommodation fees for a 39 week contract range between £128.70 (self-catered in Melville Grove) and £197.40 (self-catered “premier” rooms in Vine Court, Crown Place, Philharmonic Court or Greenbank Student Village) or £212.94 (premier plus catered room in Vine Court). A catered room in Carnatic Hall is £144.90 per week. A room in shared house in private accommodation in Liverpool ranges from around £70 per week upwards.
Please be aware that these costs are approximate and can vary considerably depending on your lifestyle and choice of accommodation.
Tip: use sites such as Money Supermarket to shop around for the best deals.