CITIES IN FOCUS 2018 GLOBAL STUDENT ACCOMMODATION INDICATOR

CITIES IN FOCUS 2018 GLOBAL STUDENT ACCOMMODATION INDICATOR

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 2017. Rental prices in the global rankings were converted into US Dollars at the time of booking, based on current exchange rates. 2

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 $257 12 READING UNITED KINGDOM $254 13 MELBOURNE AUSTRALIA $247 14 CHICAGO, IL UNITED STATES $243 15 PHILADELPHIA UNITED STATES $238 16 WOLLONGONG AUSTRALIA $236 17 YORK UNITED KINGDOM $235 18 TORONTO CANADA $231 19 COLLEGE PARK UNITED STATES $228 20 PARIS FRANCE $226 Global Average Weekly Rent Spend: $214 USD 3

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 $111 10 DERBY UNITED KINGDOM $115 11 MOUNT PLEASANT, MI UNITED STATES $116 12 GAINESVILLE UNITED STATES $117 13 AUBURN, AL UNITED STATES $119 14= COLLEGE STATION UNITED STATES $120 14= NUREMBERG GERMANY $120 14= EAST LANSING UNITED STATES $120 14= ERLANGEN GERMANY $120 18 SUNDERLAND UNITED KINGDOM $121 19 MURFREESBORO UNITED STATES $123 20 OXFORD, OH UNITED STATES $124 Global Average Weekly Rent Spend: $214 USD 4

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

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

FRANCE SPEND (EUR) 1 PARIS 197 2 BORDEAUX 165 3 TOURS 127 4 DIJON 126 5 MONTPELLIER 110 France Average Weekly Rent Spend: 175 EUR ($201 USD) 7

SPAIN SPEND (EUR) 1 MADRID 156 2 BARCELONA 124 3 GIRONA 122 4 PAMPLONA 110 5 ALCALÁ DE HENARES 99 6 GRANADA 95 7 MURCIA 81 8 ALBACETE 53 Spain Average Weekly Rent Spend: 120 EUR ($136 USD) 8

UK MOST EXPENSIVE CITIES SPEND (GBP) 1 LONDON 263 2 OXFORD 208 3 CAMBRIDGE 199 4 READING 196 5 YORK 183 6 EXETER 174 7 BRISTOL 172 8 EDINBURGH 160 9 BIRMINGHAM 155 10 MANCHESTER 153 11 ABERDEEN 152 12= SOUTHAMPTON 150 12= BELFAST 150 14 COVENTRY 149 15= DURHAM 145 15= CHESTER 145 17 BANGOR 140 18= GLASGOW 139 18= CARDIFF 139 20 LEEDS 137 UK Average Weekly Rent Spend: 165 GBP ($212 USD) 9

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 100 8 DUNDEE 106 9 LANCASTER 109 10 LOUGHBOROUGH 111 11 HUDDERSFIELD 112 12 LINCOLN 118 13= LIVERPOOL 122 13= LUTON 122 15 SHEFFIELD 125 16 NOTTINGHAM 127 17 SWANSEA 131 18= PLYMOUTH 133 18= LEICESTER 133 20 NEWCASTLE UPON TYNE 134 UK Average Weekly Rent Spend: 165 GBP ($212 USD) 10

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 $228 10 MINNEAPOLIS $215 11 WASHINGTON, D.C $209 12 SYRACUSE $204 13 ATLANTA $203 14 SAVANNAH $202 15 CINCINNATI $200 16= RIVERSIDE, CA $191 16= NEWARK, DE $191 18 BUFFALO, NY $188 US Average Weekly Rent Spend: $204 USD 11

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 $123 10 OXFORD, OH $124 11 LINCOLN, NE $126 12 WEST LAFAYETTE $131 13 TUCSON $134 14 NORMAN $139 15 AMES, IA $147 16 TEMPE $153 17 COLUMBUS, OH $154 18 ARLINGTON, TX $155 US Average Weekly Rent Spend: $204 USD 12

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 Email press@student.com Twitter @student Facebook www.facebook.com/studentcom Instagram www.instagram.com/student LinkedIn www.linkedin.com/company/student-com 2018 Student.com. All rights reserved.