The US is one of the world’s most popular destinations for higher education – and also one of the most expensive. Although the initial pricing may cause a sharp intake of breath, it is worth exploring all avenues of funding and financial aid before ruling the country out.
According to a 2018 publication by the U.S. Department of Education, as of the 2015-16 academic year, the annual price for undergraduate tuition including fees, room, and board was estimated to be $16,757 at public institutions and $43,065 for private institutions.
Estimated living cost for the US is around $10000 to $12000 per year, which averages around $700 to $1000 per month. This includes your accommodation costs, room, and board, food, travel, textbooks, weather appropriate clothing and entertainment expenses as well.
Here is a range of costs that have been considered while estimating the living expenses-
Books and study material costs around $500 to $1000 per year
Travel costs within the US will be from $300 to $700
Accommodation will cost between $5000 and $7500 per year
For living off campus, the cost of renting an apartment will be between $300 and $600 a month but could be higher depending on the location of the school.
Meals should cost around $2500 a year if you do not eat out too many times
Shopping for clothes will cost more than $500 annually if you are in a cold country
Personal and variable expenses will be around $2000 per year
*Students should be able to meet the following costs when they are studying in the US. Costs may increase by about 5to7% per year due to inflation and external factors.