CITIES IN FOCUS 2018 GLOBAL STUDENT ACCOMMODATION INDICATOR

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1 CITIES IN FOCUS 2018 GLOBAL STUDENT ACCOMMODATION INDICATOR

2 KEY FINDINGS Globally, students in ALBACETE spend the least on their accommodation rent, followed by students in JOHANNESBURG and SINGAPORE. Students in BOSTON spend the most, followed by NEW YORK and LONDON. The average weekly spend on rent worldwide is approximately $214 USD per week. On average, students in AUSTRALIA spend the most on their weekly rent 19 PERCENT more than the global average. METHODOLOGY The results in this report are gleaned from a representative sample size of more than 12,000 students who booked accommodation in 125 cities around the world via Student.com between 1 November 2016 and 31 October Rental prices in the global rankings were converted into US Dollars at the time of booking, based on current exchange rates. 2

3 GLOBAL MOST EXPENSIVE CITIES COUNTRY SPEND (USD) 1 BOSTON UNITED STATES $464 2 NEW YORK UNITED STATES $402 3 LONDON UNITED KINGDOM $339 4 SYDNEY AUSTRALIA $305 5 SEATTLE UNITED STATES $281 6 PROVIDENCE UNITED STATES $278 7 SAN DIEGO UNITED STATES $275 8 OXFORD UNITED KINGDOM $271 9 DUBLIN IRELAND $269 10= CAMBRIDGE UNITED KINGDOM $257 10= LOS ANGELES UNITED STATES $ READING UNITED KINGDOM $ MELBOURNE AUSTRALIA $ CHICAGO, IL UNITED STATES $ PHILADELPHIA UNITED STATES $ WOLLONGONG AUSTRALIA $ YORK UNITED KINGDOM $ TORONTO CANADA $ COLLEGE PARK UNITED STATES $ PARIS FRANCE $226 Global Average Weekly Rent Spend: $214 USD 3

4 GLOBAL LEAST EXPENSIVE CITIES COUNTRY SPEND (USD) 1 ALBACETE SPAIN $60 2 JOHANNESBURG SOUTH AFRICA $76 3 SINGAPORE SINGAPORE $94 4 MURCIA SPAIN $96 5 GRANADA SPAIN $101 6 TALLAHASSEE UNITED STATES $109 7 ATHENS, GA UNITED STATES $110 8= COLUMBIA, MO UNITED STATES $111 8= ALCALÁ DE HENARES SPAIN $ DERBY UNITED KINGDOM $ MOUNT PLEASANT, MI UNITED STATES $ GAINESVILLE UNITED STATES $ AUBURN, AL UNITED STATES $119 14= COLLEGE STATION UNITED STATES $120 14= NUREMBERG GERMANY $120 14= EAST LANSING UNITED STATES $120 14= ERLANGEN GERMANY $ SUNDERLAND UNITED KINGDOM $ MURFREESBORO UNITED STATES $ OXFORD, OH UNITED STATES $124 Global Average Weekly Rent Spend: $214 USD 4

5 AUSTRALIA SPEND (AUD) 1 SYDNEY $405 2= MELBOURNE $323 2= WOLLONGONG $323 4 ADELAIDE $282 5 BRISBANE $275 6 PERTH $240 7 CANBERRA $209 8 NEWCASTLE $189 Australia Average Weekly Rent Spend: $339 AUD ($255 USD) 5

6 CANADA SPEND (CAD) 1 TORONTO $291 2 OTTAWA $231 3 MONTREAL $194 4 VANCOUVER $186 5 LONDON, ON $184 6 WATERLOO, ON $163 Canada Average Weekly Rent Spend: $207 CAD ($159 USD) 6

7 FRANCE SPEND (EUR) 1 PARIS BORDEAUX TOURS DIJON MONTPELLIER 110 France Average Weekly Rent Spend: 175 EUR ($201 USD) 7

8 SPAIN SPEND (EUR) 1 MADRID BARCELONA GIRONA PAMPLONA ALCALÁ DE HENARES 99 6 GRANADA 95 7 MURCIA 81 8 ALBACETE 53 Spain Average Weekly Rent Spend: 120 EUR ($136 USD) 8

9 UK MOST EXPENSIVE CITIES SPEND (GBP) 1 LONDON OXFORD CAMBRIDGE READING YORK EXETER BRISTOL EDINBURGH BIRMINGHAM MANCHESTER ABERDEEN = SOUTHAMPTON = BELFAST COVENTRY = DURHAM = CHESTER BANGOR = GLASGOW = CARDIFF LEEDS 137 UK Average Weekly Rent Spend: 165 GBP ($212 USD) 9

10 UK LEAST EXPENSIVE CITIES SPEND (GBP) 1 DERBY 89 2 SUNDERLAND 93 3= PRESTON 97 3= BRADFORD 97 5 WOLVERHAMPTON 98 6 HULL 99 7 STOKE-ON-TRENT DUNDEE LANCASTER LOUGHBOROUGH HUDDERSFIELD LINCOLN = LIVERPOOL = LUTON SHEFFIELD NOTTINGHAM SWANSEA = PLYMOUTH = LEICESTER NEWCASTLE UPON TYNE 134 UK Average Weekly Rent Spend: 165 GBP ($212 USD) 10

11 US MOST EXPENSIVE CITIES SPEND (USD) 1 BOSTON $464 2 NEW YORK $402 3 SEATTLE $281 4 PROVIDENCE $278 5 SAN DIEGO $275 6 LOS ANGELES $257 7 CHICAGO, IL $243 8 PHILADELPHIA $238 9 COLLEGE PARK $ MINNEAPOLIS $ WASHINGTON, D.C $ SYRACUSE $ ATLANTA $ SAVANNAH $ CINCINNATI $200 16= RIVERSIDE, CA $191 16= NEWARK, DE $ BUFFALO, NY $188 US Average Weekly Rent Spend: $204 USD 11

12 US LEAST EXPENSIVE CITIES SPEND (USD) 1 TALLAHASSEE $109 2 ATHENS, GA $110 3 COLUMBIA, MO $111 4 MOUNT PLEASANT, MI $116 5 GAINESVILLE $117 6 AUBURN, AL $119 7= COLLEGE STATION $120 7= EAST LANSING $120 9 MURFREESBORO $ OXFORD, OH $ LINCOLN, NE $ WEST LAFAYETTE $ TUCSON $ NORMAN $ AMES, IA $ TEMPE $ COLUMBUS, OH $ ARLINGTON, TX $155 US Average Weekly Rent Spend: $204 USD 12

13 ABOUT STUDENT.COM Student.com is the largest marketplace for student accommodation globally, listing more than one million beds in over 400 cities worldwide. The company seeks to simplify the student housing booking process through a free global service that puts security and ease-of-use first. To date, the company has raised $70 million from investors including VY Capital, Li Ka-Shing s Horizons Ventures, Expa, Spotify founders Daniel Ek and Martin Lorentzon, Facebook VR s Hugo Barra, and Breyer Capital s Jim Breyer. CONTACT US press@student.com Facebook Instagram LinkedIn Student.com. All rights reserved.

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