Original post by JaceW98I am not a student, so this is private sector rental etc, but I have an awesome quality of life on a relatively low income in London and I'd highly recommend it, even if you're compromising a bit on quality of life it's worth it for the opportunities and lifestyle you get being in the city.
My rent is £600pcm including bills for a single room in a shared flat, fantastic quality (this seems to be a theme in London, I've literally never seen a bad property here, and believe me I've been looking for them lol), including a shared kitchen and bathroom and more space than I need (also seems to be a theme, seriously where are the tiny rooms at?!) and in a very central location (E3 postcode). Private rent seems to run from about £500-800 for these kind of rooms if you rent the room individually, if you get together with some friends and rent the whole flat as a group it can work out cheaper but is also a lot more variable. Lots of places won't rent to couples but those that do will usually only rent larger rooms so you're looking at higher costs, but works out cheaper per person. If you're living with a roommate you MUST say you're a couple, in nearly 4 years living here I haven't found a single agency that will rent a shared/twin room, no idea why but it's a gigantic pain in the ass. (Again this is private rental, hopefully student lets are better!) I'd advise you to get a place with bills included in the rent (easy to find, there are a lot of them) as it nearly always works out cheaper and is super convenient. Don't go way further out of town for cheaper rent, distance doesn't drop the prices that much and you'll lose whatever money you save on transport costs/lost working time because of having to commute.
My other costs are around £50/month for groceries (I don't think London is much different to the rest of the UK for food costs) and £10ish for toiletries, cleaning products etc, £40 for gym membership (HIGHLY recommended, mine (PureGym) includes a great range of unlimited classes as well as 24-hr use of the gym, independent sports clubs get expensive FAST so unless you're doing something that needs really specific facilities a flat-rate membership is the way to go) and £30ish for social activities/going out etc (although this is massively variable, my preferred lifestyle is quite cheap anyway, if you're wanting to go to fancy places it will rack up fast, if you drink buy alcohol in the supermarket not pubs/clubs it's crazy expensive). I don't really go out shopping etc but again if you do that's something to consider, you can be flexible on it though, there are a lot of options with markets, thrift stores, community freecyling groups etc so you don't need to spend a lot to get what you want.
The other big thing is transport - if you can I would HIGHLY recommend getting a bike, London is tiny and extremely cyle-friendly, you can get a good bike for £100ish and go everywhere on it, I spend nothing on transport except very occasional parts etc and it's by far my biggest saving. DO NOT drive in London unless you need to for accessibility reasons, the public transport links most places faster than you can drive, parking is a nightmare, traffic delays are a nightmare, insurance is insane if you're young, just don't (I sold my car when I moved to the UK, I miss driving but I'm glad I did lol). Public transport is EXPENSIVE so be prepared for that, I'd recommend renting a place near your uni to cut down on it, there are also some discount passes you can get for being in a certain age range/having disabilities/being a student etc so check those out for sure.
If you're struggling with uni costs I'd also really recommend a part-time job, there are a lot of agencies that offer completely flexible shifts in a range of sectors and pay pretty well, there's a ton of work going in general and it shouldn't be hard to find stuff that fits your schedule