According to NatWest’s Student Living Index, Nottingham students pay nearly half the national average on household bills.
The 2017 Student Living Index analysed 35 popular university cities and released data on how much students in these cities spend on food, rent and bills, and going out.
The results show that students in Nottingham spend a monthly average of £422.09 on rent, paying nearly £26 less than the national average.
“As a student who chose to live at home, living costs were definitely a huge factor when I was deciding which university to attend”
In regard to the student living index, which is calculated by dividing students’ average monthly living and accommodation costs by average monthly income, Nottingham is placed 23 out of the 35 cities.
Nicole Swain, a first-year International Media and Communication student, told Impact: “I think it’s great that Nottingham students pay less than the average for living costs. As a student who chose to live at home, living costs were definitely a huge factor when I was deciding which university to attend, and I simply couldn’t afford some of my other choices.”
Students in Nottingham spend a monthly average of £37.37 on alcohol and a monthly average of £24.70 on going out.
“The longer students spend socialising, the more likely they are to say that they enjoy studying”
Some key findings from the data also show that students spend the most on food shopping and household items, and the least on home entertainment.
In addition, the NatWest’s Student Living Index reveals that the longer students spend socialising, the more likely they are to say that they enjoy studying.