One of the major concerns of each student looking for international education is calculating their expenses. Most students look forward to moving to the USA for higher studies. A student needs to shell out around USD 2,000 to USD 3000 per month for accommodation in the US. This cost does not include the tuition fee. Of course, the price can go up or down depending on the student's lifestyle, type of residence, location, and many other factors.
One of the determining factors in deciding the cost of living in America is the location of your university. The cost of living automatically shoots up if the student studies in reputed universities like New York or Columbia. This is because they are established in the middle of the country's biggest cities. So, the cost of living is bound to get high.
On the flip side, if the student gets enrolled in universities like Indiana or Ohio, the cost of living will be significantly lower. These are some of the suburban areas of America. The cost of living in these countrysides is considerably lower than in the posh metro cities like Manhattan or Los Angeles.
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The course fees and admission fees usually do not differ much across the universities. However, you can see a stark difference in the costs if you compare the tuition fees of American and Non-American universities. Depending on where you are getting admitted, your tuition fee can range between USD 8000 to USD 55000 per year.
Also Read: How To Stay In The US After Graduation?
If we compare the cost of living across the country, there are some fluctuations in the cost of living. Usually, the North-eastern states like Maine, New Hampshire, New York, New Jersey, Massachusetts, Pennsylvania, etc., are very costly. Then again, if you choose to stay closer to states like Michigan, Kansas, Illinois, Indiana, Missouri, etc., then the cost of living remains on the lesser side.
Living expenses for one year in the USA vary because of several factors.
- Hostel Rent
- Off-campus accommodation
- Meal expenses
- Entertainment expenses
- Eating out
- Traveling expenses
All these need to be considered before deciding how much you want to include in your budget.
The United States of America is known to facilitate the best graduate and post-graduate degrees globally. So unsurprisingly, this country also gets the highest inquiry about higher studies. The most significant chunk of the students migrates to the USA from south-east Asian countries. Since the cost of living in the US is significantly higher than in Asian countries, students need to plan about budgeting. Many students fail to move to the USA because of a shortage of funds. So, the planning must be done early if the student plans to take higher education abroad.
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