The idea of travelling to Europe for educational purposes is a wish that many students worldwide have but is not very easy to attain due to not so affordable living costs in Europe for students.

European countries do garner a lot of attention owing to their excellent education system, beautiful culture, and history. Still, international students need to understand how much it costs to live in such countries. That being said, European countries can be expensive, and properly managing your finances can help you fulfil your goal without putting a strain on your wallet. Hence, in this article, we will provide some tips on managing your budget when living in Europe.

The Diversity of Living Costs in Europe

Each European country has a respective cost of living that is heavily dependent on many factors. Switzerland, Norway, and the UK are prime examples of Northern and Western European nations famous for their expensive and high-end standard of living. On the other hand, some countries, including Poland, Hungary, and Romania, are part of Eastern Europe and offer education and culture at much lower price tags.

Take, for example, a scenario where you are living in London; the entire monthly expenditure is projected to range from 1500-2000 Euros, while studying in Budapest would require 600-800 Euros, which is much lower. These factors definitely make European countries more favorable and suited to students around the world, no matter what financial class they belong to.

Breaking Down Essential Expenses

Accommodation:

Housing generally takes up the bulk of a student’s budget. One-room apartments are in the range of 800-1200 euros in cities like Paris or Amsterdam, whereas in student cities like Prague or Lisbon, it averages a lot less at around 300-600 euros per month for a dorm or shared flat.

Food:

The cost of groceries and eating out also dramatically differs from region to region, for example, food expenditure in Germany is around 200-400 per month while in Scandinavian countries it may easily be double these figures, needless to say cooking for oneself is a cheaper option.

Transportation:

The public transport system is also quite good throughout Europe, and there are discounts available for students with passes averaging from 20 euros in smaller cities to 90 euros in the bigger ones; cycling is also a good budget-friendly and green alternative in cities such as Copenhagen and Amsterdam.

Entertainment and Miscellaneous:

With spending on leisure activities of about 100-200 euros a month, there is no need to worry about striking a good work-life balance as there are so many things to do in Europe, including the cost of cinema tickets and other cultural and social events which are of student-friendly budget, plus the additional student discount ensures one isn’t restricted to a lot.

Cost-Effective Strategies for Students

Look for further countries to decrease your expenses but be careful with your choice. Consider Portugal, Czechia, or Greece as they offer reasonable living costs and also value education.

Many European universities extend substantial funds to international students in the form of scholarships, so it is worth your consideration.

First of all, plan for the registration costs, include visa fees or book a flight, it helps in having a fluid transition.

Conclusion

One must be wise in deciding which country to pursue a degree in since there are so many options, such as the mecca of culture in Italy or the calm meadows and landscapes of Finland. Making the right move requires a lot of research and good strategy.

Are you worried about managing your living expenses, obtaining a scholarship, or your admission process? Don’t be concerned, Eleevate Overseas is here to help you achieve your goal of studying abroad. So, let’s work together to make your dream of Europe a reality!