New York City ranked as the 3rd-most expensive city for students according to Intelligent.com

Most Expensive Cities For Students

Thinking about applying to college? When considering options, prospective students aren’t just looking at academic programs. They’re also weighing factors like location, school size, reputation, and often – costs.

If saving on student housing is a top priority, you might want to reconsider these cities.

67% OF STUDENTS SAY COST OF LIVING IS VERY IMPORTANT

Costs are a crucial consideration for students, with a solid 67% rating it as a “very important” factor.

Property management site Evernest recently ranked the top ten priciest cities for students, based on the cities’ cost of living, the average public transportation costs, the median rent near the top schools in the area, and the number of apartment searches.

TOP THREE PRICIEST CITIES

In the lead for the priciest city is Princeton, New Jersey with the top local school being Princeton University. Princeton’s public transportation system costs students nearly $200 per month. On the flipside, Princeton ranks the safest city of all considered with an index score of 82.91.

Taking the silver medal for priciest cities is none other than Los Angeles, California – home to top ranked graduate business schools like UCLA Anderson and USC Marshall, one of the top-ranked business schools. Here, the median rent is a whopping $4,450. The cost could be worth it for some students for a stellar degree, seeing as these schools rank No. 14 for MBAs and No. 2 for undergraduate business respectively.

In No. 3 for the priciest city for students is New York City, home to top business schools like NYU Stern and Columbia Business School. If you’re searching for an ideal balance, this city might be the perfect option for you. Rent is on the lower side, at around $3,175, but transportation costs are high at around $132.50 per month. Safety lands right in the middle for this city, with a score of 49.16.