Becoming a student is just about as exhilarating as it is nerve-wracking, but one of the coolest opportunities you could be offered is the chance to study abroad – head overseas for a year to an international university, immerse yourself in a new culture and expand your life skills as well as your academic knowledge.
But, it can be expensive, depending on where you opt to go. That’s why this new report from Remitly is so handy. The money transfer platform has conducted analysis into tuition fees, the price of a visa, how much rent is and the cost of living, and now, we’ve got a comprehensive ranking of the world’s spenniest and cheapest cities to study abroad.
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So, which city topped the list as the most expensive? That would be New York (no surprises there). The Big Apple scored a perfect 100 on the education expenses index, all supplemented by eye-watering rent costs (an average one-bed apartment will set you back $5,101.73 per month), high tuition fees (around $30,748 per year) and steep daily living costs of $35.22.
Not to mention it’s also recently topped the Global Cities Index, as well as lists of the planet’s priciest and wealthiest hubs.
Way down at the other end of the scale is Cairo, the Egyptian capital, which scored a mere 8.03 on the education expenses index. Here, you’ll pay nothing for your visa, will fork out a little over $2,000 in tuition fees and not even spend $10 a day on living costs. Talk about contrast, eh?
These are the most expensive cities to study abroad
- New York, USA
- Singapore
- San Francisco, USA
- Boston, USA
- Pasadena, USA
These are the least expensive cities to study abroad
- Cairo, Egypt
- Zhenjiang, China
- Buenos Aires, Argentina
- Wollongong, Australia
- Winnipeg, Canada
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