Cost of Living Guide

Cost of Living Guide

Students laughing and talking

Each year we produce a Student Cost of Living Guide 2021/2022 to provide some clarity and helpful tips to assist our students and their parents and guardians in budgeting for college.

The cost of living can vary whether you are living away from home or based at home so we’ve split our guide accordingly.  If you are planning to move away from home to live in Dublin the options include Living with a Host Family, staying in a Student Hub or Renting Private Accommodation

 TU Dublin Cost of Living Guide 2021/2022

Cost of Living for Students Living away from home

Monthly (€)

Annual (€)

*Rent (National – for Dublin)

585

5,265

Utilities

55

495

Food

220

1980

Travel

108

972

Books  & Class materials

74

666

Clothes/Medical

39

351

Mobile

50

450

Social life/Misc.

75

648

Student Charge

333

3,000

Total

1539

13,827

* Average price based upon private rental market. The average price for Private Student Accommodation rent is about €940 per month. For a Host family ("Digs") average is about €540.

Expenses to be taken into consideration at different times during the year 
  • Placement-Work Clothes / Extra travel / Possible rent during placement 
  • Social Events / Christmas / Easter 
  • Other Motor Costs 
  • Annual Holiday / Weekend breaks 
  • Possible small saving for unexpected Costs
  • Loans Bank / Credit Union / Other 

TU Dublin Cost of Living Guide 2021/2022

Cost of living for Students living at home

Monthly (€)

Annual (€)

Food

61

549

Travel

108

972

Books & Class Materials

74

666

Clothes/Medical

39

351

Mobile & Internet

50

450

Social Life/Misc

75

648

Student Charge

333

3,000

Total

740

6636

Expenses to be taken into consideration at different times during the year
  • Placement-Work Clothes / Extra travel / Possible rent during placement
  • Social Events / Christmas / Easter
  • Other Motor Costs
  • Annual Holiday / Weekend breaks
  • Possible small saving for unexpected Costs
  • Loans Bank / Credit Union / Other

A few cost-saving tips that you may find useful :

  • Booking accommodation: Although it may be difficult for colleges to be specific, students should try and find out how many days per week they can expect to be on campus.  As some colleges will be offering blended learning, students may only be on campus one or two days per week. In that case, it may be cheaper to pay for a room on a nightly basis, rather than renting a place for a full week.
  • Bike or bus: In the TU Dublin survey, 17% of students expressed concern about travelling on public transport. Consider if it’s feasible to cycle to college to avoid public transportation and save money. For example, an annual membership for Dublin Bikes costs €25.
  • Under 19s: The Child Leap Card is valid until a student turns 19, and this can reduce the weekly cost of travel by over 60%.
  • Claiming tax back: Check if you are entitled to tax back on fees. If you or your family is paying for more than one student in full-time education, you can claim tax relief on the student charge for the second or subsequent children. Also, if you are paying tuition fees, either for a postgraduate or a part-time programme or for repeating a year, you may be entitled to tax back.
  • Scholarships: Check out if there are scholarships, for which you may be eligible. Last year, TU Dublin and the TU Dublin Foundation gave out over €500k in scholarships to students.
  • Laptops: With an increased emphasis on online learning, students would benefit from access to a laptop. Students in design-related programmes may require a high-end laptop; they should wait until they receive specifications from their programme.
  • Counselling: In the TU Dublin survey, many students said that the pandemic was having an impact on their mental health. All universities have excellent Counselling services which are free of charge. Use them and look after your physical and mental health
  • 12 helpful tips to save money when living on a student budget
  • Bridging the Gap
  • Template budget plan