The Cost of Living in Loughborough 2024

Loughborough is a bustling town in Leicestershire county, in the center of England’s East Midlands region. It is well-known for housing the esteemed Loughborough University, which has a sizable student body.

In Loughborough, the average monthly cost of living is between £1,200 and £1,400, which includes housing, transportation, groceries, and other essentials. We’ll help you understand the costs associated with several factors that make up Loughborough’s total cost of living in this guide.

Loughborough Cost Of Living

The cost of living in Loughborough is determined by a range of expenses, such as housing, meals, shopping, and other miscellaneous costs. Here is a table showing the same information to give you a clear understanding of the average monthly expenses per person:

Note: The costs mentioned above may fluctuate and are subject to change.

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Loughborough Living Costs For Indian Students

In addition to tuition fees, living expenses, transportation charges, and other costs are included in the expenses in Loughborough. An overview of the costs Indian students can anticipate while attending Loughborough University is provided below:

Note: The costs mentioned above may fluctuate and are subject to change.

Cost Of Tuition Fees

Renowned in the city, Loughborough University charges international students about £22,000 a year in undergraduate tuition. Another well-known college is Loughborough College, whose annual undergraduate program costs typically hover around £12,000. The university and the program you select will have a big impact on how much your tuition will cost.

Cost Of Student Accommodation In Loughborough

The cost of student living in Loughborough can vary based on a number of variables, including the type of housing, location, and facilities. One of the main factors driving up the cost of living for students in Loughborough is accommodation. Depending on the type of property, purpose-built student housing, which is frequently inclusive of utilities expenses, can cost anywhere from £110 to £170 per week.

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Student Accommodations In Loughborough

In Loughborough, there are many options for student housing that provide access to shared facilities and a wide range of modern amenities. The majority of these apartments have on-site fitness centers, study areas and lounges, places to store bikes, and much more. Let’s examine the range of alternatives for student housing that Loughborough has to offer:

Cost Of Transport

Loughborough offers easy connectivity to the major university campuses along with convenient transportation alternatives to travel within and around the city such as:

Bus: Loughborough is well-served by frequent bus routes operated by Kinchbus and Arriva. A Kinchbus Unirider term pass costs around £210 allowing unlimited travel in Loughborough and surrounding areas for students.

Trains: Loughborough has a central train station offering direct services to Leicester, Nottingham, and London. Single fares with a railcard could be £4 to Leicester and £9 to London.

Bikes: Cycling is an eco-conscious and cost-effective way to cover shorter distances. For Santander Cycles, the first 30 minutes of each rental are included. Afterwards, each additional half hour will be charged at £1.

Cost Of Food And Groceries

Several budget-friendly supermarkets like Aldi, Lidl, and Asda are located right in town that offer affordable options for stocking up on essentials.

Around £20 – £25 per week can be estimated for basic groceries from these stores. You can get better deals if you buy in bulk.

The town centre also has a variety of budget-friendly restaurants, pubs, and cafes that cater to student budgets, with prices like £6 – £10 for a pub meal or takeaway.

Miscellaneous Expenses

Grooming services may cost around £10, depending upon the location and the salon. Loughborough has a lively entertainment scene with budget-friendly options including student club nights with £3 – £5 entry charge. Personal care supplies in Loughborough will cost around £20 – £50 per month, which can vary depending on individual preferences.

Is Loughborough Expensive To Live For Students?

Even though Loughborough is not the most affordable city in the UK for students, it provides a fairly affordable cost of living when compared to bigger cities. Numerous scholarships are available to provide financial aid to students for their educational expenses, which make up a significant portion of the overall costs. Factors such as the presence of inexpensive housing options, reduced student fares for transportation, and the availability of affordable grocery stores all contribute to making Loughborough a viable option for students.

Factors Influencing Cost Of Living In Loughborough

For students, the cost of living is influenced by a variety of factors depending on their lifestyle and needs. Here are some key factors that can impact the cost of living for students in Loughborough:

• Accommodation
• Transportation
• Food & Groceries
• Entertainment & Leisure
• Health care expenses
• Study supplies
• Miscellaneous costs

How To Save Money As A Student In Loughborough?

Saving money as a student in Loughborough can be challenging due to the higher living costs and several associated expenses. However, with some careful planning and mindful spending habits, it is possible to save money as a student. Here are some helpful and practical tips:

• Go for purpose-built student accommodations as they are inclusive of the utility bills in the property pricing which makes them cost-effective and convenient.
• Travel through public transportation to reach your university campus and explore areas within and around the city.
• Utilise your university library resources such as textbooks and online study materials.
• Always ask for student discounts and deals at restaurants, retail outlets and gym memberships.
• Limit eating out and opt for home-cooked meals to adapt to a healthy lifestyle along with maximising savings.

Thus, Loughborough offers a relatively affordable cost of living for students in comparison to other larger cities in the UK. With a range of budget-friendly accommodation options, discounted transportation services, and access to reasonably priced supermarkets and food joints, students can effectively manage their cost of living here in this lively town.

Frequently Asked Questions

Is off-campus accommodation convenient than on-campus accommodation in Loughborough?

Generally, off-campus accommodation is relatively less expensive and convenient than on-campus accommodations as they offer modern amenities along with majority of purpose-built residences including utility bills in the property pricing.

What are the most affordable transportation options for students in Loughborough? 

Cycling is one of the most cost-effective transportation options for students in Loughborough. Additionally, bus services like Kinchbus and Arriva are also affordable choices.

What is the cost of living per month in Loughborough?

The average monthly costs in Loughborough range between £1,200 – £1,400 to cover expenses like accommodation, transport, groceries and other important expenses.

How much does accommodation cost for students in Loughborough?

Student accommodation prices in Loughborough can range from approximately £110 to £170 per week for purpose-built student housing, which often includes utility bills. University accommodation will normally cost around £200 per week.

Is it better to live on-campus or off-campus in Loughborough?

It is advisable to go for off-campus accommodations than on-campus ones as there are many options available for purpose-built student residences and private rentals which offer contemporary amenities for a hassle-free living.