Is it cheaper to live on or off campus?

It varies by location. In expensive cities, on-campus may be cheaper. In smaller college towns, off-campus with roommates often saves money.

What costs are missing from this comparison?

Consider utilities, internet, renter's insurance, commute costs, parking, and the convenience factor of on-campus dining.

Many colleges require first-year students to live on campus. Check your school's housing policy.

Compare on-campus room and board costs versus off-campus living to find the most affordable housing option during college.

Annual On-Campus Room & Board ($)

Off-Campus Monthly Rent ($)

Off-Campus Monthly Food ($)

Academic Year Months

Annual Savings (Off-Campus)

$2,650

Off-Campus Annual Cost$10,350

On-Campus Monthly Equivalent$1,444

Annual Savings (Off-Campus) vs Off-Campus Monthly Rent ($)

Compare on-campus and off-campus living costs for the academic year.

Off-Campus Annual = (Monthly Rent + Monthly Food) x Academic Months

Savings = On-Campus Cost - Off-Campus Cost

Positive savings means off-campus is cheaper. Include utilities, commute costs, and meal plan value for a full comparison.

On-campus costs $13,000/year. Off-campus rent is $800/mo and food is $350/mo for 9 months.