When moving to another country for a semester or year there are always unexpected expenses that arise, but the most important element to studying abroad is knowing where you will be living. The cost of housing while you are abroad will depend on the type of residence you choose and what your available budget is after paying for airfare and your program. When studying abroad one of the most expensive costs can be where you live, so make sure you consider your options and do the budgeting for overseas housing. Normally you have the option to live with a host family, live in student housing, or find your own apartment. In order to appropriately budget for your housing expenses it is important to consider all the possible costs. Here’s a quick guide to help you consider the expenses that come with each option:
Living with a host family
Often times if you choose to live with a host family, it is organized through your study abroad program. If it is organized through the program then you are usually expected to pay this before you arrive as part of the program’s cost of attendance. Taking care of this before you arrive means that you will not have to worry about paying rent on a monthly basis. Generally living with a host family also means that you will be provided with a room and meals. Because you will be receiving meals on a daily basis, buying your own groceries is not an expense that you will need to consider. Normally, families will provide you with breakfast, lunch, and dinner, but any type of snack or special food outside of this will be paid out of your own pocket.
Living in student housing
Living in student housing is similar to living with a host family since you generally pay the amount upfront so monthly rent is not a concern. Student housing can differ from university to university so it is important to find out what type of residence they offer. There are some facilities that provide students with a kitchen and others that do not. Normally housing that does not have kitchens provide access to a campus dining hall. If you are living in student housing without a kitchen your food budget will depend on whether you have the option to purchase a meal plan or pay on a day to day basis. If you have a kitchen then groceries will be an expense. For those who are not quite ready to be chefs in the kitchen, will have to budget for eating out which often times is more expensive.
Finding your own apartment
If your program does not provide either a family stay or residence hall, or if you just prefer to live on your own, moving into a privately owned apartment always comes with more expenses. In some countries, such as Spain, it is common that apartments come furnished. However, in the U.S. this is not the case and apartments that come furnished tend to be quite expensive. It is important to do some research on this, in order to know whether furnishing your apartment with a bed, a desk, etc. will be part of your expenses. Another essential thing to consider is that you budget enough money to be able to pay the first month’s rent and a deposit, which is usually the same amount as the rent. Other expenses can include monthly or bimonthly bills for internet, water, gas, and electric.
>> Want to learn more about apartment costs? Check out Costs to Consider When Changing Apartments