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MODULE 6 : Budgeting [ download PDF ]

Cost of living, attending a school located in British Columbia
(living away vs living at home)

SINGLE STUDENT AWAY FROM HOME:
Shelter (2 bedroom apartment with utilities)
$650/m
Food
$200/m
Miscellaneous (personal & health care, clothing, household items, communications)
$225/m
Local Public Transportation
$70/m
Total Monthly Living Expenses
$1,145/m
Multipied by 8 months
$9,160/y
Plus the average cost of tuition - University
$4,214/y
Plus the average cost of books & supplies
$1,500/y
Total Average Student Costs
$14,874/y
SINGLE STUDENT LIVING AT HOME:
Shelter
$0/m
Food (Purchased from stores)
$167/m
Miscellaneous (personal & health care, clothing)
$183/m
Local Public Transportation
$70/m
Total Monthly Living Expenses
$421/m
Multiplied by 8 months
$3,368/y
Plus the average cost of tuition - University
$4,214/y
Plus the average cost of books & supplies
$1,500/y
Total Average Student Costs
$9,082/y
Note: 1 year equals 8 months or 1 academic year (September - April)