This depends on your personal life style.
Travel: This really depends on how much you decide to explore London and beyond. For example, a monthly travel card for a student will be £90+ for zones 1 – 2 in London (with an 18+ student oyster card). For some of our students who venture around London all the time, it is worth the cost. If a student only plans on going into central London once a week, they can compare the costs and it may not be worth it to them.
If a student wants to travel around the UK or abroad, again this can vary greatly. The university runs trips around the UK and Europe. But some students prefer to venture on their own abroad. There are cheap airlines that do offer deals. Some students choose to take a bus or go via Eurostar.
Food: When it comes to eating off campus, in London you can find meals that are cheap all the way through high end. To use cheeseburgers as an example, McDonalds: £0.99, Byron Burgers (popular chain restaurant): £7, Lobster & Burger Restaurant in Mayfair: £16+. Also, some restaurants and pubs do offer student discounts.
Entertainment: Some students will be heading out every other night, and some only once a week. There are theatre tickets, movies, pubs, concerts, galleries and more. It really depends on the life style the student will lead. We recommend budgeting for at least two nights out a week, as that seems to be what the average student pursues (at least anecdotally!).
Other costs to consider: Toiletries, School supplies/Stationary/Etc
Example of prices: £4 for shampoo, £4 toothpaste
Quote from an upperclassman about budgeting for life in London: As a student, I would say the biggest, yet unexpected, costs would be travel (including the sum of tube and buses, as well as big trips) and little snacks/items you pick up when you’re out and about. Getting an easy sandwich, a coffee, tube fair, a ticket to something, and then a beer for a Saturday can add up when you’re a student. There’s plenty of free and cheap things to do if you’re smart and are looking for it. You’re correct in saying that in can vary… I’ve easily spent £200 pounds a week, but I’ve also made £15 last me a week in my tighter times.
*All prices are at the time of editing content (Fall 2018). We cannot be held accountable for updated pricing after this posting.