How much does the average college student spend on gas?

How much does the average college student spend on gas per month?

Most students will fall somewhere between the two.

Sample Budget.

Budget Category
Food (assuming that most meals are eaten on campus) $3,500- $7,500
Gas/Car Insurance $1,000-$5,000
Cell Phone $150-$800
Activities (such as on-campus clubs) $400-$1,200

How much do college students spend on utilities?

Monthly Expenses

Expense Budgeted Actual Cost
Utilities $20 $18
Internet $15 $15
Groceries $200 $105
Eating out/coffee $200 $302

How much should a college student spend per month?

The average cost of food per month for a college student is $547. College students spend on average $341 a month eating off-campus.

Average Grocery Budget for a College Student.

Meal Plan Monthly Cost
Low-cost Meal Plan $239
Moderate-cost Meal Plan $296
Liberal Meal Plan $317

How much do college students spend on groceries per month?

According to the USDA website, a typical college student will usually spend between $163 and $367 a month on food. This particular website avails different costs based on gender, as well as four distinct meal-plan estimate levels.

IT IS INTERESTING:  Which university has the fastest Internet?

What’s a good budget for a college student?

Example college student budget

Expenses for the semester Budget for the semester Budget per month
Tuition and fees $3,800 Spent at the beginning of the semester
School supplies $500 Spent at the beginning of the semester on supplies and books
Rent $2,600 $650
Utilities $160 $40

How much should a college student spend on groceries per week?

Answer. According to this chart- we’ll assume that most students are on the “low-cost” plan- the average American college students spend on food anywhere between $42-$55 per week. Another survey estimates that the average adult spends between $10-12 per day on food, which comes out to about $70-84 per week.

How much money should you save before college?

We call it the “college savings 2K rule of thumb.” Simply multiply your child’s current age by $2,000 for the amount you should have in college savings by that age. This figure can show you whether your college savings to date are generally on track to cover 50% of the cost of attending a 4-year public college.

What do college students buy the most?

In a different survey of over 500 college students, students reported spending their money in the following non-essential categories:

  • Restaurants – 99%
  • Beauty – 76%
  • Fashion – 70%
  • Electronics – 60%
  • Live music – 59%
  • Media – 57%
  • Gyms and fitness – 38%

How much money should a student spend a week?

The average student’s living costs are about £810 a month (or £187 a week), with our findings revealing that the Maintenance Loan often falls far short of covering students’ living expenses. It’s probably no surprise that rent takes the biggest chunk out of the student budget – and, at £421, it’s £3 up on 2020.

IT IS INTERESTING:  Do colleges like to see jobs?

How much does the average college student spend on tuition?

The average cost of college* in the United States is $35,720 per student per year. The cost has tripled in 20 years, with an annual growth rate of 6.8%. The average in-state student attending a public 4-year institution spends $25,615 for one academic year.