Average Housing Cost For College Students

Back-to-college spending may hit record highs this year with college students and their families expected to spend an average 105920 per family according to the National Retail Federation.

Average housing cost for college students. Often for the first year or two it is mandatory for students to select a meal plan and this becomes a fixed-budget item in terms of college expenses. They pay just 6744 for fees and 25330 for other expenses. 112month for the electric bill.

This was a typical month of spending without too many unexpected costs with the exception of a deposit for spring break which she planned for. Price per student per year. Add in the average cost of groceries at about 220month and room and.

The average first-time college student takes 2 trips home per year. This cost will vary based on the distance traveled. Those that go to a two-year private non-profit institution go home with an average total bill of 69112.

Fees vary greatly by college and location. The College Board estimates that the typical living cost for a full-time student attending college during the 2016-2017 academic year ranges from 11810 on a low budget to 17620 on a moderate. According to College Board the average estimated costs in 2020-21 ranged from 11620 at a public 4-year college to 13120 at private non-profit colleges but some places charge much more.

The average is 4500 for eight-month meal plan - though this number can vary greatly depending upon the school. A Columbia student would pay more than 17000 for nine months in a shared two-bedroom off campus. The cost of college education for students attending an in-state school for two years is 32074 in total.

1178month for a two-bedroom apartment. Splitting expenses with a roommate will bring the total to 675month. Below is her budget from February of her senior year in college.