Living costs
Your monthly living costs in London will vary depending on your lifestyle, spending habits, which area you live in and how often you need to use public transport.
The Dean of Students office at UAL recommends that the average amount required for monthly living costs in 2023 is £1,600 a month.
Rent and accommodation costs
Your rent and accommodation costs depend on whether you live in UAL halls of residence or in private accommodation.
See details and full costs of UAL Halls of Residence
Council Tax
Each household in Great Britain has to pay Council Tax. Most students don't have to pay, but .
If you don't have to pay, you need to let your local council know.
Find out more about Council Tax
Transport
The cheapest way to get around London is on foot or by bike.
Check out how to hire a bike with or plan a walking route with the .
tells you all you need to know about public transport.
To save money on transport costs, get an . This will give you 30% off and bus and tram passes (but not pay-as-you-go fares).
Add a to your Oyster card to get a discount on off-peak, pay-as-you-go fares. This railcard is also available to full-time students who are over 25 years old.
Food
Cooking your meals at home and making a packed lunch is usually cheaper than eating out. There are lots of resources to help you .
to find the best deals. London is full of supermarkets, so you can shop around for bargains. You’ll usually find a food market in your local area, where you can pick up cheap fruit and vegetables.
Always ask if a student discount is available when eating out or ordering takeaway meals.
Other costs
As well as essential expenses like rent, you’ll also need to budget for non-essential costs such as:
- mobile phone
- clothes, haircuts, personal grooming
- going out and socialising
- hobbies
- exercise classes, gym membership
- subscription services, like Netflix, Adobe and Spotify
- holidays
- gifts.

Study costs
You may need to budget for extra study costs which are not included in your tuition fees, such as materials or field trips. Read our guide on study costs and find out how to lower your costs and borrow equipment.
Get discounts
- (formerly Young Person's Railcard) – 34% discount on off-peak rail fares when added to your .
- (formerly NUS) and – give you money off shops, bars, restaurants and cinemas.
- – loads of student discounts worldwide.
- – save on entry to 100s of museums and galleries.
- Make savings on IT software for UAL students and check .

Get support
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Laura Karklina and Lisa Kildjaskina working - copyright Alys Tomlinson
Money Management Hub
Find support on funding, managing your money and getting paid work.
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People walking at Imprint, 2016, London College of Communication, UAL | Photograph: Lewis Bush
London on a budget
Read our top tips for student life in London.
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Natural materials Installation by Marta Pinilla, Show 1
University Hardship Fund
Discover our financial support for current students.
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Chloe D'Arcy in the Studio by Alys Tomlinson
Study costs
Read our guide on study costs and how to borrow equipment.