Cost of Living Calculator

Education abroad is an exciting new chapter in a student’s life. There are many factors to consider before embarking on your study abroad adventure. International students must weigh the pros and cons of courses, universities and educational destinations. Students must also calculate the current cost of living in a city before applying to their dream university.

Analysing the Cost of Living

Managing living expenses is a primary concern for students pursuing an education abroad. International students planning to study abroad must analyse the average cost of living in a city before calculating and creating a budget. The cost of living is the standard sum of money a student requires to live comfortably while studying abroad. Student living expenses include accommodation, food, transport and personal expenses. 

The cost of living calculator provides an estimate of the breakdown of student expenses abroad. The majority of your living expenses are spent on student accommodation abroad. Best Student Halls provides a free cost-of-living calculator to help you determine the best destination for your education. The calculator provides insight into the cost of living in a city per month. Students can choose a budget-friendly destination and contact our team for the best deals on student accommodation. 

The Cost of Living Calculator: The Best Tool for Students

The cost of living calculator is a useful tool for international students offering a comparison of expenses in different countries and cities. The calculator provides an analysis of basic student expenses like housing, transportation and groceries. The calculator also includes other personal expenses like entertainment, phone bills and stationery.

The calculator for the cost of living index provides approximate expenditures students may incur in a city. The calculator considers adjustments like currency and location before providing an estimate for the cost of living in an area. The calculator prepares a breakdown of the cost of living in the local currency. For instance, the cost of living in Australia is calculated in Australian Dollars while expenses in the UK are calculated in Pounds.

A Step-wise Process to Calculate the Cost of Living Online

Students can refer to our cost of living calculator to choose the best study destination. This step-wise guide offers a convenient process to determine the average expenditure for students abroad. Our cost of living calculator will help you create a yearly budget with all your living expenses. 

Select Your Preferred Country 

Students can begin by calculating the cost of living by location. Students must choose the country that provides the ideal career and educational opportunities within their budget. Best Student Halls offers an in-depth analysis of the cost of living in the UK, Denmark, Spain, Portugal and Australia. You can click on your preferred country to compare living expenses in different cities in that country.

Select Your University

Scroll through the list to find your university. Our cost of living calculator provides an accurate report of expenses in areas near your university. The tool allows you to calculate the change in the cost of living near the top universities in a city.

Compare Areas and Neighbourhoods

You can compare different areas in a city to determine which is the most budget-friendly option. You can adjust the calculator to compare the cost of living in the city centre with the suburbs. This is a useful feature for renters who want to calculate the area with the most affordable cost of living. You can also compare how your living expenses may differ if you stay in private apartments or student housing.

Consider Transportation Links and Costs

Students can also assess the affordability of an area by considering the cost of transportation. The cost of living calculator provides a detailed account of the rise in expenditure while commuting by taxi. The calculator indicates that the monthly cost of living is more affordable while travelling by public transportation.

Food and Groceries Prices

Food and groceries are important parameters to consider while calculating the total cost of living. Food prices may differ while dining at an expensive or moderate restaurant. Students can buy groceries and eat home-cooked meals to reduce their monthly living expenses.

Include Miscellaneous Expenses

Miscellaneous expenses can significantly impact your calculation of the annual cost of living. Students must account for additional expenses like phone bills, utilities, entertainment and shopping. Our cost of living calculator considers these parameters to provide the most accurate results. 

Benefits of using the Online Cost of Living Calculator 

The cost of living calculator is a convenient tool to determine your monthly expenses. There are numerous benefits for students who use an online cost-of-living calculator to create a budget.

• Create a personal budget with our cost of living calculator.
• Determine how student expenses may differ according to location and distance from university.
• Compare living expenses in cities abroad with our cost of living calculator.
• Get an accurate representation of differing costs for student housing and private apartments.
• Adjust your budget to include personal expenses and miscellaneous expenses while studying abroad