New list ranks cheapest and most expensive cities for student housing

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Harvard University. Image: AFP

Students looking to study abroad may want to consult a new report that ranks the most expensive, and inexpensive cities for housing.

Released by international housing website Student.com, the results of the 2018 Global Student Accommodation Indicator suggest that those on tight budgets may want to look at cities like Albacete in Spain, where the average weekly rent is U.S. $60 and Johannesburg, South Africa, where students pay about $76 a week.

International students eyeing Boston, on the other hand — home of elite institutions like Harvard University and Massachusetts Institute of Technology — should be prepared to fork out an average of $464 a week (or $1,856 a month) for rent alone.

That’s more than New York ($402 a week) and London ($339).

Results are based on a representative sample of 12,000 students who booked accommodation in 125 cities around the world via Student.com.

After tuition fees, accommodation is often the biggest expenditure for students.

Overall, the average weekly spend on rent worldwide is $214 a week.

Here are the top 10 most affordable cities for housing:

1. Albacete, Spain $60/week
2. Johannesburg, South Africa, $76
3. Singapore, Singapore, $94
4. Murcia, Spain, $96
5. Granada, Spain $101
6. Tallahassee, U. S. $109
7. Athens, GA, U. S., $110
8. Columbia, MO, U. S. $111
8. Alcala de Henares, Spain, $111
10. Derby, UK, $115

10 Most Expensive Cities

1. Boston, U. S., $464/week
2. New York, U. S., $402
3. London, UK, $339
4. Sydney, Australia, $305
5. Seattle,WA, U. S., $281
6. Providence, RI, U. S., $278
7. San Diego, CA U. S., $275
8. Oxford, UK, $271
9. Dublin, Ireland, $269
10. Cambridge, UK, $257
10. Los Angeles, CA, U. S., $257

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