Cost Of Living In Loughborough For Students In 2024

By UniAcco
Jun 11, 2024 •
cost of living in loughborough

Loughborough is a lively town situated in the heart of the East Midlands region of England, within the county of Leicestershire. It is widely known for its prestigious Loughborough University which attracts a large volume of student population. 

The average monthly costs in Loughborough range between £1,200 – £1,400 to cover expenses like accommodation, transport, groceries and other important expenses.  In this guide, we’ll help you understand expenses on varied aspects that comprise the overall cost of living in Loughborough.

Cost Of Living Calculator

DescriptionCost (£)
Total Cost of Accommodation100
Total Cost of Transport50
Total Cost of Utilities30
Total Cost of Food70
Total Estimated Cost250

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:

ExpenseMonthly Cost (£)
Off-Campus Accommodation531
On Campus Accommodation720
Transportation64
Food420
Entertainment40
Groceries108
Clothes70
Total Cost of Living with Off Campus Accommodation (Per month)1,233
Total Cost of Living with On Campus Accommodation (Per month)1,422

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

Loughborough Living Costs For Indian Students

The expenses in Loughborough include food, accommodation, travel, as well as other costs in addition to tuition fees. Below is a breakdown of the expenses Indian students can expect to face during their time studying at Loughborough:

ExpenseMonthly Cost (INR)
Off-Campus Accommodation55,888
On Campus Accommodation75,776
Transportation6,735
Food44,202
Entertainment4,209
Groceries11,366
Clothes7,367
Total Cost of Living with Off Campus Accommodation (Per month)129,763
Total Cost of Living with On Campus Accommodation (Per month)149,654

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

Cost Of Tuition Fees

Loughborough University is an esteemed institution in the city with undergraduate fees of around £22,000 per year for international students. Loughborough College is an another prominent institution with average undergraduate programme fees of around £12,000 per year. The cost of tuition fees is greatly influenced by the university and the programme that you choose to go for.

Cost Of Student Accommodation In Loughborough

The prices of student accommodation in Loughborough can vary depending on factors such as location, amenities, and the type of housing. Accommodation is a major contributor towards the cost of living in Loughborough for students. Purpose-built student accommodations which are often inclusive of the utility bills can range from approximately £110 to £170 per week, depending on the property type. 

Loughborough Accommodation
ParticularStudent AccommodationPrivate AccommodationUniversity Accommodation
Cost110-170 GBP/Per Week250 GBP/Per Week + Utility bills (If not inclusive of the rent)200 GBP/Per week
SafetyThese are gated communities with utmost safety & all facilities included like CCTV, biometric entrance, etcDepends on the landlord and areaThese are on the university campus with all the safety precautions
Utility BillsIncludedNot IncludedIncluded
Home InsuranceIncluded in rent192 GBP per yearIncluded in rent
Proximity UniversityWalking distance to campusDepends on areaInside/nearby Universities
Other AmenitiesMostly all amenities are included like Wi-Fi, microwave, electric stove, fridge etc.Based on landlord/locationMostly all amenities are included like Wi-Fi, microwave, electric stove, fridge etc.

Student Accommodations In Loughborough

There is a plethora of student housing choices in Loughborough which offer a broad assortment of contemporary amenities and access to communal area facilities. Most of these residences feature on-site gyms, lounge and study spaces, bike storage facilities and many more. Let us explore the varied student accommodation options Loughborough has to offer:

PropertyAverage Prices Per Week
The Print House£115
Bonington Student Village£110
The Foundry£125
Optima£163
The Student Block£147

You can book these purpose-built student accommodations in Loughborough through UniAcco. 

Loughborough: Student Housing, Close to Campus – From £110/week!

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.

FAQs

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. 

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.

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