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Living expenses near coventry

Please provide more information related to living expenses outside coventry university? What are the costs?
Original post by Anonymous
Please provide more information related to living expenses outside coventry university? What are the costs?


Hi,

Thank you for your message.

Living expenses can vary depending on how you spend your money. Although living in Coventry isn't the cheapest, there are ways to live cheaply without compensating too much. One of the first things to do is to learn how to budget so you can monitor your spending, work out how much you need to save and how much to spend on what - i.e. food shop, essentials, rent, emergency fund, fun stuff, etc.

It's possible to spend £20-25 (or more) on the food shop weekly. Cheaper supermarkets such as Aldi or Lidl are often found outside of the city centre and tend to be the cheaper alternative compared to Sainsbury's or Marks and Spencers which can be found in the city centre. There is the Coventry Market where you can shop for fruit and vegetables fairly cheaply as well as fresh meat and fish. There are world foods such as African, Caribbean, European, and Asian foods on offer too.

Going out to eat can be as cheap as £5 to over £20 per person depending on where you go. In places such as Greggs, you can get a pastry for £1.50 (on average) whereas, in restaurants such as The Botanist, you can expect to pay around £12 on average. Or, you can get a meal deal from Tesco for £3.50 (or £3.00 if you are a Clubcard member). If you're studying at Coventry University, you can explore eateries at the Food Court in the Hub and expect to pay a minimum of £3.00 for whatever is on offer.

Since Coventry is located with various transport links, you can expect to pay a varying amount depending on how you choose to travel. If you are looking to utilise buses frequently, it's suggested to invest in a bus pass - look specifically for student passes as these tend to be cheaper. The two main bus companies that run through Coventry are Stagecoach and National Express. A typical single-day ticket on a National Express bus to travel within West Midlands is £2.40, and around Coventry only is £2.20 compared to a day ticket around the West Midlands, which is £4.00.
Another method of travel is train via Coventry rail station. A day return to Birmingham from Coventry is around £6.30 and a day return to London is around £26.50. If you wish to frequently train travel, it's recommended to invest in a railcard which will provide up to 30% discount on train fares!
A common mode of travel is via taxi. You can download apps such as Uber and Ola and they work like any other taxis in any other city. Fares varies and when you choose to book your destination, the app should give you a price range as the price you expect to pay. In terms of price, with Uber you pay before you travel whereas Ola, you pay after you travel.
It helps to invest in the NXBus mTicket and Trainline app if you wish to purchase tickets easily as the ticket is stored on the phone, making it convenient when you travel.
Obviously, the cheapest way to get around Coventry is on foot. You can go anywhere and it shouldn't take you more than half an hour of walking. For example, from campus to the city centre, campus to the train station or the bus station.

Rent - depends on where you choose to stay. Living in a studio is evidently more expensive than living in a house share. Usually, if you live in a studio, you can expect to pay at least £145 and upwards per week. There are many studios tailored to international students and are commonly located in either the city centre or just outside. Student halls can be costly if you opt for an ensuite and you can expect to pay around £125 and above. With a house or flat shares, this is one of the cheapest methods of saving money with rent. It's lucky if your provided bills and internet as part of the rent, as it's not becoming more and more common for rent to exclude bills and internet. To my understanding, annual fees for accommodation can range from 4K to around 12K (probably the most expensive I've seen). The average ballpark is around 6-7K for accommodation.
Because prices vary a lot with accommodation, it's difficult to provide an exact value. This makes it all the more important to check and do your research to ensure you seek out the best possible option available.

Other stuff - Once rent, food shop and other essentials are accounted for, the amount left is either for things you want to spend money on or savings. It's wise to save some money for emergencies in case something happens unexpectedly.

Despite issuing out average prices, the cost of living is expected to increase due to the economic inflation in the UK. Therefore, the prices stated are likely to vary to accommodate, therefore it's all the more important to learn how to manage your finances whilst enjoying yourself. The prices are based on averages, estimates, and previous experiences. To my knowledge, rent increases each year so what I write may not be accurate in a year's time.

I hope this helps.

Veronica
(edited 1 year ago)
Coventry University
Coventry University
Coventry
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