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Britain’s cheapest and most expensive student cities are revealed in a new survey that found that living costs can vary by up to £2,000 a year across the country.
Based on key indicators like average rents, the academic reputation of the university and the cost of a pint of lager, estate agents Haart charted the best and worst places to study.
Top of the league is the northern city of Durham – with a university of international renown, cheap beer and average weekly rents of £62.
Durham is not the cheapest place to live – Liverpool takes that crown with an average weekly rent of just £54.25 – but the reputations of the universities in both cities are poles apart.
The most expensive place to live is Cambridge, where students pay an average £7,850 a year for housing, which works out around £97.25 a week.
Studying at Cambridge undoubtedly gives a world-class degree, but the £50,000 price tag of a three year course is daunting for many students.
That figure just covers living costs and tuition fees – and the colleges are not keen on students working during term time to supplement their incomes.
“Canny parents are now taking advantage of strong rental markets in university towns and cities by buying properties for their children and then letting them out once their offspring has moved on. This pays for a discounted rent for their child and offers a long-term investment for them,” said Haart’s chief executive Paul Smith.
“For those students looking to save money on their rental expenses and their social life, our tip is to study in Leeds, but for the best education with the lowest rent, head for Durham.”
Students pay an average weekly rent of £58.50, while beer costs around £2.45 a pint - more than a pound cheaper for the same brew over a bar in London.
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