You asked: How much money should a college student spend on groceries?

An individual college-aged student will spend approximately $163-$367 monthly according to the Official USDA Food Plans. The USDA website provides different costs for men and women and also provides four levels of estimates: thrifty, low-cost, moderate-cost, and liberal.

What is a reasonable food budget for a college student?

A rough guide is about $400 a month for a college student, which gives you a bit of money to spend on a few dinners out but cooking mostly at home. When you go to set a budget, you can set it based on what you’re currently spending or try and set it slightly lower so you can start saving money straight away.

How much spending money does a college student need per month?

While the number is dependent on a range of factors, the average amount of spending money for a college student is $2,000 per year or about $200 per month. When figuring out how much money to set aside and deciding how you and your child should split the cost, here are some guidelines and tips to follow.

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How much does groceries cost for a student?

The Cost of Living in Sydney as a Student

Weekly rent for an apartment $520
Overseas Student Health Cover $400
Groceries/Food $257
Meal in a mid-range restaurant $20
Meal in a high-end restaurant $50

What is a normal budget for a college student?

Sample Budget

Budget Category
Clothing $450-$750
Entertainment $1,300
Food (assuming that most meals are eaten on campus) $3,500- $7,500
Gas/Car Insurance $1,000-$5,000

How much should a college student spend on food a month?

Monthly Expenses

Expense Budgeted Actual Cost
Groceries $200 $105
Eating out/coffee $200 $302
Ride shares $30 $41
Entertainment $100 $90

How much money should parents give college students?

The consensus among the hundreds of parents who did send their college students spending money was that the range should be between $25-$75 a week for a student living on campus. The most common answer was $50 a week or $200 a month. Students who had cars on campus needed more than those who didn’t.

What do college students buy the most?

A study from ecampus.com found that college students spend $60 billion each year on everyday needs…or, you know, kinda-needs.

The “Non-Essentials”

  • Restaurants – 99%
  • Beauty – 76%
  • Fashion – 70%
  • Electronics – 60%
  • Live music – 59%
  • Media – 57%
  • Gyms and fitness – 38%

What do college students need?

So if you’re moving away from home to start your life as a college student, be sure to squeeze these items in the car.

  • An extra set of sheets. One of the college must haves is an extra set of sheets. …
  • A fan…or 4. …
  • At least one big microwaveable bowl. …
  • Noise-canceling headphones. …
  • Cleaning Wipes. …
  • A Coffeemaker. …
  • A big lamp. …
  • Quarters.
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How much do college students have in savings?

How much should a college student have in savings? Survey Finds 1 in 3 College Students Have At Least $1,000 Saved. Young people aren’t typically known being financial savvy.

What is a reasonable student budget?

LSE broadly estimates that students should allow £1,100-£1,300 per month for all living expenses, including accommodation, travel, food, laundry, study costs, and other personal expenses. This will vary depending on your lifestyle and requirements, so it’s important you do your own research.

What is the most expensive city to live in?

Top 20 most expensive cities

  • Ashgabat, Turkmenistan.
  • Hong Kong.
  • Beirut, Lebanon.
  • Tokyo, Japan.
  • Zurich, Switzerland.
  • Shanghai, China.
  • Singapore.
  • Geneva, Switzerland.

What are common living expenses?

20 Common Monthly Expenses

  • Housing. Your costs will vary significantly depending on where you live. …
  • Transportation. …
  • Food​ …
  • Utility bills. …
  • Cell phone. …
  • Childcare and school costs. …
  • Pet food. …
  • Pet insurance.
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