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Student Banking

College Banking

Manage your Finances

The cost of College

Books, stationery, travel, clothes, food, rent, utilities (electricity, heat, phone), etc all add up. Obviously going to college is less expensive if you're living at home - but the cost can still be significant.

Some Estimates:

Living away from home

Rent on average costs €370 per month. This can be more or less expensive depending on whether you're sharing a house or flat with friends (the most economical way) or paying for 7-day-a-week partial board in digs in Dublin.

Looking at the average monthly costs

Item
Rent 370
Socialising 162
Groceries 119
Travel 57
Clothes 84
Mobile Phone 42
Course Materials56
Day to Day expenses102
Household Bills84
Gym Sport39
Total1115

Costs are usually somewhere in or around these figures and can change depending on your particular circumstances. Multiply these totals by 8 or 9 (depending on the number of months in a year you'll be spending at college) and add the non-tuition fee. This will give you a good idea of the amount of money you'll be talking about.

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Living at home

If you can manage it, this is a significantly cheaper option.

Looking at the average monthly costs

Item
Rent 150
Socialising 162
Groceries 90
Travel 57
Clothes 84
Mobile Phone 42
Course Materials56
Day to Day expenses102
Gym /Sports39
Total782

Again, individual costs will vary with circumstances. Multiplying these totals by 8 or 9 (number of months in a year you'll be spending at college) and adding the non-tuition fee gives you a good idea of the amount of money you'll be talking about.

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