Cost of living expenses for graduate students vary greatly according to resources, personal preferences, dependents, and whether you are enrolled in a 9-month or year-long academic program. The following information will help you estimate your expenses living in Philadelphia. Be sure to consult with your school financial aid representative for a detailed budget for students in your specific program.
Housing
Students who elect to live on campus in Sansom Place can expect to pay from $934 (single room, shared bath) to $1,632 (1BR, livingroom, kitchen, private bath) per month for the 2015-16 academic year. (See the Graduate Residence Rate Schedule 2015-16 for details)
A majority of graduate students choose to live off-campus. Philadelphia is the fifth largest city in the United States and has a reputation as one of the most livable cities in the country. It is a major urban center that has retained the feel of a “city of neighborhoods”. With rents remaining steady or modestly increasing over the past few years, the cost of housing in Philadelphia continues to be much more affordable than in other East Coast cities such as Boston and New York. Through the use of Philadelphia’s mass transit system (SEPTA), many areas of the city and the suburbs are within easy commute.
In University City, the neighborhoods around campus, a range of good quality options may be found with an average monthly rent of $1,660 for a one bedroom, and an average monthly rent of $$2,470 for a two bedroom. Center City one bedroom apartment rents average $1,800 per month, and two-bedrooms average $2,600 per month. Note that off-campus rents do not typically include utilities (phone, cable, electric, gas), which can run $200-$400 per month.
Food
Costs vary according to tastes — whether you cook for yourself, purchase a Dining Plan, go out to restaurants, or eat from the local food trucks. Budget roughly $560 per month for food.
Books, Supplies, and Miscellaneous
Budget $1,700-2,350/year for books and supplies and $3,500-4,660 for miscellaneous expenses (such as travel, dental, laundry, entertainment).
Health Insurance
Students are required to have health insurance, either through the University’s plan ($3,140/single student for 12 mos) or an approved, comparable plan. PhD student fellowships generally include the cost of health insurance.
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