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Cost of Living in USA: A Comprehensive Guide

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Cost of Living in USA: A Comprehensive Guide

Edited By M Anusha | Updated on Oct 07, 2023 12:36 PM IST

Cost of living in USA - Migrating to a popular country like the USA might lead people to unforeseen expenses in the average cost of living in USA. In general, the cost of living in USA is considered to be higher than most of the international destinations. Here the factors that impact the USA cost of living depend on the geographic location of the people's surroundings, varied lifestyles, etc. Considerably the living expenses in USA for single person studying in the USA is higher in metro cities than in rural towns in USA. Read the details about USA cost of living in the article and have an understanding of the budget required on a monthly basis.

Cost of Living in USA: A Comprehensive Guide
Cost of Living in USA: A Comprehensive Guide

Cost of Living in USA - Various Components

There are various components that constitute the cost of living. Elements like accommodation, food, groceries, transportation, etc., and many more. which are helpful in estimating the average living expenses in USA are discussed below.

Accommodation or Housing Options

Accommodation in USA captures the major portion of the cost of living in USA. Almost half of the budget must be allocated to housing. Depending on the facilities provided, the location and size of the housing rates will change. On average, the rental cost will range from $500 to $1500 per month for a single bedroom or studio. Most of the accommodation comes fully furnished. The kitchen and living room are extra facilities which can be charged extra if needed. While considering the on-campus accommodation in USA ranges from around $2000 per month including housing and food.

Off-Campus Accommodation costs in USA

Cities

Cost of Accommodation in USA per month in USA

California

$800

New York

$100

Texas

$500

Food & Groceries

Food is the necessary element which has to be considered in the cost of living in USA. Regarding the diversity in food options is one of the things to know before studying in USA. A lot of universities come with food meal plans, based on the university and type of package the rate differs. Preferring to buy wholesome groceries and cooking food at home reduces a bit of budget in the overall USA cost of living. As not all the accommodation options are available with a kitchen, the candidate can check the estimate of food meals available outside. Monthly groceries for food and a few basic needs are around 40 to $100 per month. The overall essentials required for candidates living in off-campus who require things like cleaning products, food, basic necessities in the kitchen together will cost around $250 to $500 per month.

General Food Essentials costs in USA

Items

Cost per weight

Strawberries

7$ per box

Apples

10 $ per 6 pieces

Potatoes

7$ per 5 kgs

Milk

3$ per 2 liters

Tomatoes

2$ per Kg

Meat

1 -5 $ per kg

Water bottle

2$ per liter

Basic Meal for Dining

Lunch meal in restaurants

$19

Meal at fast food center

$10

Clothing

The clothing of the candidate depends on their lifestyle choices. There can be no limit in mentioning the clothing costs in the cost of living in USA. However, the prices of clothing like t-shirt, and jeans is around $15 to $30 per item, while opting for brands include $50 to $100 per item.

Healthcare

Healthcare is one of the expensive things in the US average living cost when compared to other countries. There will be various packages available like bronze, silver, and gold plan which covers various types of health issues and can be selected depending on the suitability or requirement of the candidate. Getting health insurance is not mandatory by the government but all the universities follow. This helps the candidate to cover the expenses for any unforeseen medical emergencies. The cost of living in America for health insurance ranges from $1000 to $5000 per year. In general medium packages which are available at discounted rates for students cost around $200 to $500 per month.

Transportation

Students can use public transport which is the best and cheapest option to commute from residence to campus and a few other places. The university also provides transportation which can be a bit higher than public transport. Generally, the transportation costs in metro cities like New York are relatively lower than other cities like Texas. For students. the cost of transportation in the cost of living in USA is about $200 per month.

Commodities

Commodities like water, electricity, gas, trash, sewage, and wifi seem like small things but these can also impact a bit on the budget. When choosing for on-campus accommodation few of these facilities are included in the bills but for off-campus, few rentals charge separately than rent.

Phone & Wi-Fi for communication

Phone and internet connections are one of the essential things that a candidate can not avoid in the cost of living in USA. Prepaid plans & SIM cards are easily available for mobile phones at the local stores. If the candidate wants to use a mobile contract which is for a longer length is also a cheaper option which includes mobile data. The wifi will be available in the universities and the accommodations of the students in the USA, which are already included in the bills. The cost for the phone plans and wifi together can be around $100 to $200 in the US states with lowest cost of living. These charges and plans will vary from city to city in the US.

Leisure & Entertainment

Leisure is a varying factor in the cost of living in USA. This changes for every individual and interests. There are many places to explore in the USA to spend time on weekends like tourist places, clubs, amusement parks, museums, parks, dining options, movies, etc.

Other Miscellaneous Expenses

Other than the tuition fees, accommodation, and food there are some other miscellaneous expenses in the monthly living expenses in USA, that can differ for each individual. The costs of books, laptop, traveling on flights within the USA, and personal expenses like body care and house care products, etc. The books and supplies can cost around $1000 -$2000 per year, this can be varied by choosing used books or new books. Personal items like shampoos, soaps, and lotions can cost around $3-$10 per item.

Estimated cost of living in USA per month

Elements

Average Monthly Costs

Accommodation

$500 - $2,500

Commodities (electricity, heating, cooling, water, garbage)

$100 - $300

Food & Groceries

$300 - $500

Transportation (public transit)

$100-$200

Health insurance

$200 - $500

Internet and phone

$100

Books and Materials

$1000 -$2000

Personal or Miscellaneous expenses(other than books)

$50-$150

Entertainment

varies

Average cost of living in USA

On average the cost of living in USA for one student is $19,000 to $30,000 per year. To consider the cost of living in US for single person per month is $2000 - $3000. These prices stated for the cost of living in the USA are just estimates, the actuals can differ either high or low depending on the candidate's lifestyle. Here below are the average cost of living in America depending on the estimates of the universities. Few of the top universities in the USA according to the QS rankings and the living expenses USA per year with and without tuition fees are mentioned.

Top Universities - Average Living Expenses in USA per student

Name of University/college

QS World Rank 2024

Cost of Living per year

Cost of living per year including tuition fees

Massachusetts Institute of Technology (MIT)

1

$47,528

$110921

Harvard University

4

$32494

$82,950-$87,450

Stanford University

5

$54,517

$105,397- $108,757

University of California, Berkeley (UCB)

10

$30434

$46,168

University of Chicago

11

$45,673

-

Brown University

73

$19,418

$87,548

Pennsylvania State University

83

$22,924

$89,028

Boston University

93

$25713

$89,511

Know more about USA

Financial Aid in USA

To manage or to support the cost of living in USA, the student can apply for various scholarships in USA depending on the financial need. These scholarships are given to the students on need and academic grades. Most of the universities in the USA provide grants, awards, scholarships, and fellowships to the candidates. Other than scholarships, students can work while studying in the USA through part-time jobs. The USA student visa allows the candidate to work for 20 hours per week on school days and 40 hours per week during the school break period.

Frequently Asked Question (FAQs)

1. What is the US living cost per month for Indian students?

The cost of living in America per month is around 1.3-2.4 lakhs for Indians.

2. How much money is required for living one month in USA?

The living expenses in USA for single person is around $2500 but for considering a family the cost can be around $7000 per month.

3. Is USA more expensive than India?

Yes the cost of living in USA is very high when compared with India. On average the consumer prices in America are 200% higher than in India. 

4. Can I survive with $1000 per month in USA?

It would be challenging for a single candidate to live on $1000 per month. However, if there are supporting people like friends, and family who can share the expenses it would be possible to eliminate a few expenditures.

Articles

Questions related to

Get answers from students and experts

Hi there

Yes you can try to learn various courses that are for approximately 3 months to 6 months in duration.

Yes you can learn before going to us. Learning skills definitively adds some value to the life of a candidate and also improves in getting good recognition in life..

Below i have mentioned some courses  that you can try before visiting us:

  • Social media marketing
  • Content writer
  • Content creation
  • Video editing
  • Photography skills
  • Digital marketing
  • Stiching
  • Makeup artist course
  • Hairstyling course.

So these are some courses you can try.

Hope this answer will help you. Revert incase of any query.

Thank you and good luck:)

Hello Samarasimha,

YES, you can MS in UA after completing Bsc in Statistics. . All you have to do is score good marks in your PG and prepare for GRE. You should also decide upon the country and the university in which you are going to study.

Furthermore, the requirements to pursue MS in USA are as follows :

  • 3 to 4 years bachelors degree in relevant field.
  • 3.5 or higher GPA, equivalent to 87% in bachelors.
  • GRE score of 330 or above.
  • Statement of Purpose.
  • Research Internships/ Published Research Papers.
  • Project work/Seminars.
  • 2-3 Letter of Recommendation.
  • Social & Leadership Activities.

Further, requirements for Software jobs in USA are as follows :

  • Enroll in a software development program. The first step to becoming a software engineer is to enroll in a software development degree program. ...
  • Gain internship experience. ...
  • Choose your specialty. ...
  • Pursue industry certifications. ...
  • Continue your education.

I hope that this will help.

Dear aspirant hope you are doing well..

To study at foreign universities/abroad in U. S , the admission process will require the candidate to give one language exam and one standardized exam. However, depending on the country, course, college, or university you are applying for you may be exempted from standardized exams. The language test will showcase your English proficiency skills. These exams are required for pursuing almost all courses abroad. Different countries have different language exams such as

  • TOEFL exam for getting admission to the universities in the US and Canada. The score of this exam is valid for two years after the declaration of results
  • There are plenty of universities abroad where you can apply to do master-level course, MSc in statistics, MSc in Operation Research, and Applied Mathematics, MSc in Mathematical Modeling, etc are some of the Master level Course in Mathematics that are available abroad. Students who have completed their graduation or bachelor's degree in Mathematics can apply for these courses. Foreign universities like Uppsala University, Dublin City University, Oxford Brookes University, University of York, University of Liverpool, etc offer all the above-mentioned courses in mathematics.

Top university of The USA for master degree courses

  • John Carroll University
  • Missouri University of Science and Technology
  • Michigan State University
  • West Virginia University
  • Rhode Island College
  • University of Arkansas
  • Vanderbilt University
  • DePaul University
  • Delaware State University
  • Texas A&M University-Commerce
  • University of South Florida
  • California State University Northridge

You can get the detailed information about the process how to apply for MS in USA. read the given article. Link is given below

https://studyabroad.careers360.com/articles/how-apply-for-ms-in-usa/amp

Hope it's helpful for you..

Thank you

There are many ways to choose your university such as fees, the ranking of the university, which state it is located and scholarships. My suggestion is to choose your research focus and write academic papers. In the US, PhD in Commerce admission into the university depends on what you want to study (your area of research) and your already completed research papers. You can begin your research by searching online for US universities offering PhD in Business Administration. One example is University of California Los Angeles (https://www.anderson.ucla.edu/degrees/phd-program/admissions#app-req) .


Hello  Student

You are aBHM means Bachelor in Hotel Management so after doing BHM,to gain a bright future  inthis trade you have to do MSc in Hotel Management,post graduation in Hospitality Management,Master degree in travel and tourism management,or MBA in hotel management,AFter doing post graduation in Hotel management or travel and tourism management will give you the best return in employment opportunity.

Hope this will help.


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Welding Engineer

Welding Engineer Job Description: A Welding Engineer work involves managing welding projects and supervising welding teams. He or she is responsible for reviewing welding procedures, processes and documentation. A career as Welding Engineer involves conducting failure analyses and causes on welding issues. 

5 Jobs Available
QA Manager
4 Jobs Available
Quality Controller

A quality controller plays a crucial role in an organisation. He or she is responsible for performing quality checks on manufactured products. He or she identifies the defects in a product and rejects the product. 

A quality controller records detailed information about products with defects and sends it to the supervisor or plant manager to take necessary actions to improve the production process.

3 Jobs Available
Production Manager
3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
QA Lead

A QA Lead is in charge of the QA Team. The role of QA Lead comes with the responsibility of assessing services and products in order to determine that he or she meets the quality standards. He or she develops, implements and manages test plans. 

2 Jobs Available
Structural Engineer

A Structural Engineer designs buildings, bridges, and other related structures. He or she analyzes the structures and makes sure the structures are strong enough to be used by the people. A career as a Structural Engineer requires working in the construction process. It comes under the civil engineering discipline. A Structure Engineer creates structural models with the help of computer-aided design software. 

2 Jobs Available
Process Development Engineer

The Process Development Engineers design, implement, manufacture, mine, and other production systems using technical knowledge and expertise in the industry. They use computer modeling software to test technologies and machinery. An individual who is opting career as Process Development Engineer is responsible for developing cost-effective and efficient processes. They also monitor the production process and ensure it functions smoothly and efficiently.

2 Jobs Available
QA Manager
4 Jobs Available
AWS Solution Architect

An AWS Solution Architect is someone who specializes in developing and implementing cloud computing systems. He or she has a good understanding of the various aspects of cloud computing and can confidently deploy and manage their systems. He or she troubleshoots the issues and evaluates the risk from the third party. 

4 Jobs Available
Azure Administrator

An Azure Administrator is a professional responsible for implementing, monitoring, and maintaining Azure Solutions. He or she manages cloud infrastructure service instances and various cloud servers as well as sets up public and private cloud systems. 

4 Jobs Available
Computer Programmer

Careers in computer programming primarily refer to the systematic act of writing code and moreover include wider computer science areas. The word 'programmer' or 'coder' has entered into practice with the growing number of newly self-taught tech enthusiasts. Computer programming careers involve the use of designs created by software developers and engineers and transforming them into commands that can be implemented by computers. These commands result in regular usage of social media sites, word-processing applications and browsers.

3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
Information Security Manager

Individuals in the information security manager career path involves in overseeing and controlling all aspects of computer security. The IT security manager job description includes planning and carrying out security measures to protect the business data and information from corruption, theft, unauthorised access, and deliberate attack 

3 Jobs Available
ITSM Manager
3 Jobs Available
Automation Test Engineer

An Automation Test Engineer job involves executing automated test scripts. He or she identifies the project’s problems and troubleshoots them. The role involves documenting the defect using management tools. He or she works with the application team in order to resolve any issues arising during the testing process. 

2 Jobs Available
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