Every year, more than 430,000 international students from over 200 countries attend higher education institutions in London. So, are you also one of them or are you thinking to become one of them? Well. In fact, the UK is one of the most popular study destinations in the world. So, your decision to study in London is a great idea.

London is one of the most expensive places in the world to live as a student. But when considering the benefits Stellar offers to London students such as education, networking opportunities, excellent transportation, entertainment, and travel, we can ignore the fact that London is an expensive place to study.

Before traveling to London, it is better to have knowledge of the factors to consider when living cheap in London.

Factors to Consider when Living cheap in London

How to Live Cheap in London as a Student | Ultimate Guide

Before you are going to London, to live as a student there are things you should know. In fact, as a foreign student, there are a number of exciting directions to investigate and many challenges to overcome. So, let’s see the main things that should consider before going to London as a student.

1. Inspect how to solve the accommodation dilemma

As a student, where do you decide to live? You may confuse with the housing terms such as shared housing, halls, or self-catered. In fact, most universities have a guide book to describe various student housing options. So, it will help you to narrow down your options and solve the accommodation dilemma. So, before getting into London to live cheaply as a student, you have to choose the accommodation that suits your personality and lifestyle.

2. How about your Healthcare?

How to Live Cheap in London as a Student | Ultimate Guide How about your Healthcare? founderactivity.com

Have you ever thought about your healthcare, after you came to London? In fact, as a student, you should maintain your health and it will help to live cheaply in London.

If you are a student who is coming to London from a European country, you should consider getting a European Health Insurance Card before arriving in London. Or if you are coming from outside of Europe, you may need to purchase your own health insurance. In fact, this will allow you to take the advantage of the free or reduced-cost health care services, through the UK’s National Health Service.

3. Where to bank

By setting up a UK bank account, You can save yourself the inconvenience of foreign currency charges and complex billing systems. In order to set up a UK bank account, you will require your passport, proof of address (such as a bill), and proof of student status.

You can prove your student status with your university acceptance letter and if you do not have any bills, you can prove your address with student housing services. So, consider these facts and it will help you live cheaply in London as a student.

4. How to get discounts?

In order to live cheaply as a student, a better option is asking for discounts for the services that you acquired. Most of the places will proudly advertise that their students can offer discounts while many others do not. So, keep a habit of asking everyone whether they offer student discounts or not. Getting a National Union of Students extra card will access to more exclusive offers. But, before all see how can get on with using your student card first.

Accordingly, before setting up your lifestyle as a student, consider the above facts to live cheaply. Moreover, The cheap areas will help you to choose the area that suits your lifestyle and personality and to live cheaply.

Cheap areas to live in London as an International Student

If you wish to live independently in London as an international student, you have to consider safety, affordability, and excitement when searching for your new home. In order to identify the best areas for students to live in London, we have to search for things based on rent levels, crime and social demographic, distance to central London, bars, and pubs.
Accordingly, the followings are cheap places to live in London as a student.

How to Live Cheap in London as a Student | Ultimate Guide

Woolwich

Because of the location and the low average cost of renting, Woolwich is a popular area for the students. It takes less than 30 minutes to reach Central London from Woolwich. The low average cost of renting a room in Woolwich is 400euro per month. The closest universities are Ravensbourne and East London.

Leytonstone

The journey time from Leytonstone to London is 25 minutes. It is a suburban area which is located in east London. The average cost of renting a room in Leytonstone is 480pounds. There is an Epping forest that allows you to escape the noise of Central London and escape city life. Queen Mary and East London are the closest universities in this city.

Deptford

Deptford is an area that has a strong student presence. It is known as the creative hub for many different types of artists. It is situated in southeast London. The rent is 530 pounds, which is slightly high than the other cities. But the journey from Deptford to Central London takes only 20 minutes. The closest universities for Deptford are Goldsmiths and Greenwich.

Stratford

Stratford is the home of the 2012 London Olympic games, that has redeveloped over the last ten years. The journey time of Stratford to Central London takes only 17 minutes. There is a wide variety of sports in this area, and the Westfield shopping mall is situated in this area. Queen Mary and East London are the closest universities for this area.

Streatham

Most of the art students choose Streatham for their higher universities in London. Because this is a very popular destination for art students. Not only that, this is the home of many models, actors ad authors. But the rent is a little more expensive than in other cities, 600pounds. St George’s and Goldsmiths are the closest universities for Streatham.

Accordingly, these are some of the cheapest areas of study at London University. You can find affordable accommodations even in the most expensive cities. In order to live in any city in London, you can use the ways to live cheap in London as a student.

Ways to Live Cheap In London as a Student

How to Live Cheap in London as a Student | Ultimate Guide Ways to Live Cheap In London as a Student founderactivity.com

Most students worrying about how to live cheaply in London while enjoying the enthralling city. In fact, there is no reason to worry, because there are many ways to budget and so that you could not have to sacrifice your fun and excitement. So, let’s see How to live cheap in London as a student.

  • Understand the cost of living in London
  • Attend low-cost universities
  • Find free things to enjoy around the city
  • Choose accommodation wisely
  • Consider traveling options
  • Making a budget

Understand the cost of living in London

The very first step is understanding the cost f living in London. As you are a student, there is a large range of student discounts and make sure to take full advantage of it.

Living in London will vary depending on the choice of your accommodation and the university fees. Also, living essentials such as food, transport, books, clothes, equipment, and other bills. Further, the living cost will depend on how wisely you spend any extra money you have to leave on entertainment, hobbies, and socializing. As an average, funds needed to live to a reasonable standard in London is currently estimated at approximately 1250 EURO per month.

By the way, accommodation is the biggest spend on students in London. It will range from 400pounds- 840 pounds. It all depends on your choice, and if you choose a cheap area to live in, you can reduce the costs.

How to Live Cheap in London as a Student | Ultimate Guide

In addition, you need costs for university equipment, cost of socializing, transportation, Utility bills, furnishings, and other costs.

Moreover, here are personal experiences from Natalia Anio, on the cost of living in London, who is a current student at King’s College in London.

Attend low-cost universities in London

In order to live cheap in London, s a student, attending affordable universities is a better option. When there are affordable universities, don’t let high costs stop you from studying in this great city. So, let me introduce some low-cost universities in London.

University Cost
University of East London (UEL)$14720 / 12100pounds
University of West London (UWL)$15,207 / 12500 pounds
London Metropolitan University (LMU)$15450 / 12700 pounds
University of London$16961 / 13942
Coventry University London$15723 / 12924 pounds
Middlesex University London$16302 / 13400 pounds
University of Greenwich$17616 / 14000 pounds
University of Westminster$17616 / 14000 pounds
London South Bank University (LSBU)$17592 / 14460 pounds
Ravensbourne University London$18127 / 14900 pounds

You can get inexpensive quality education at any of these cheap universities in London.

Making a budget

As a student, budgeting might seem pretty boring and dull. But, in order to live cheap in London, as a student, you can make a budget and track and control your spending.

Your basic budget is simple as listing all the money coming to you, tracking how much you spend, and seeing how they balanced. Once you have made your budget, you can set your goals and live cheaply in London as a student without losing your entertainment.
Steps to making a budget,

  • Establish your income
  • Estimate your outgoings
  • Calculate the weekly budget
  • Set yourself some goals

According to these steps, you can set up your budget and you can live cheaply in London as a student. In order to make a budget, you can use free budgeting tools like Student Budgeting Spreadsheet, Student budget calculators, Student budgeting apps, and so on.

Choose Accommodation Wisely

Accommodation is the main thing that sucks more money from you. So, when you are choosing your accommodation, do it wisely. There is a number of accommodation options.

Halls of residence

If you choose halls of residence, the fees include utility bills, internet access, and content insurance. If they are catered halls, one or two of your daily meals will be included. In self-catered halls, you will need to buy your own groceries. Moreover, you may need to set a small amount of money each month for laundry facilities, and other personal bills.

Private accommodation

Most of the second and third-year undergraduates students and a number of graduate students live in private housing. Depending on the location and the accommodation type, private housing costs can be varied. So, be flexible when you are searching for the right place.

Consider traveling options

If you decide to live in Intercollegiate Hall of Residence, you may able to walk to the campus, because many of residence are within walking distance. But, if you decide to live in private accommodation, you may have to use transportation ways to transport regularly. Not only for the university, you may need to travel in the London and it is huge city. So, it is essential to add this into your budget.

The main forms of public transport are the London Underground buses and taxis. Moreover, as a student you can entitled to receive 30 per cent off standard Tube and bus fares if you purchase a student oyster Card. Another ay of saving money on transportation is cycling. You can use your own bicycle and there is a public cycle hire scheme in London.

Find out free things to do around the city

How to Live Cheap in London as a Student | Ultimate Guide Find out free things to do around the city founderactivity.com

When you are studying in London, you must have the entertainment. But, your entertainment list doesn’t have to only include expensive drinks in Benthal Green or Tickets to see Harry Potter at the the national theatre. There are plenty of things to do free in London, to get fun.

  • Visiting the British museum
  • Look at the spectacular views from Sky Garden rooftop
  • Get artsy at Tate Modern
  • Have a walk around Greenwich park
  • Attending the Top Secret Comedy Club and have a laugh
  • Go to a live music gig
  • Watching creative and eye-appealing streets art

You can enjoy London while you are studying. In order to live cheap in London, you can enjoy a lot of fun free stuff around London.

Consider doing Part time work

In fact, many LSE students have a part-time job. Because it is a great way to intensify own CV and as well as make some extra cash. By the way, London offers thousands of part-time job opportunities which you can fit with your studies.

Working for too many hours with your studies will be too stressed and more tired. In fact, it will directly affect your studies. As a result, many universities and colleges recommend that doing part-time jobs for 15 hours a week is better for a student. But make sure to maintain your study life balance.

Actually, London is an awesome city to live in as well as to study as a student. And also, it is a super expensive city which seems hard to bear. But, it should not stop you from choosing London to study. So, with all the above facts, you don’t need to sacrifice your fun and excitement while studying.

Uditha Sanjaya
Uditha Sanjaya is a Tech communicator, video creator, and entrepreneur, having founded Fuozo Solutions, Hackinglk, FounderActivity.com, and DEVOLUXE.com.. He’s a host of FounderActivity Podcast and Hackinglk. you can find him on YouTube, Twitter, and, if you really want to, Facebook.

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