Sheffield is the sixth cheapest city for graduates, so no need to give up Leadmill just yet
Steep hills, not so steep prices
University is expensive, and I'm not talking buying loads of food after a night out expensive, even though you won't eat half of it and say to yourself "I'll eat it cold for breakfast" – I'm talking lifelong crippling debt expensive.
We all know you won't eat that kebab in the morning, you'll be too busy lying in bed contemplating the despair of the abyss you consistently send yourself into, week in, week out, kidding yourself this is part of the university experience.
BUT SOME GOOD NEWS.
Data provided by propillo.com looking into graduate living costs in cities across the UK has shown that Sheffield is the sixth cheapest city in the UK for graduates to live.
Taking into account an average salary of £18,244 one year after graduation, data from Gov.uk and ONS was used to calculate average monthly savings, rental prices (because God knows we aren't buying), and monthly cost of living for cities across the country.
The cost of living in Sheffield was found to average at £705 per month, including all household bills, transport, food, nights out and entertainment. Average monthly rent price comes in at £605 per month, nearly a £150 per month cheaper than Leeds and a whole £3276 cheaper than London. THREE THOUSAND POUNDS.
Overall, Sheffield based graduates were likely to save £97.93 per month, which would amount to £1175.16 after one year. Then, three years after graduation, when the memories of Super Noodles and your short lived career as a DJ have all but faded, Sheffield graduates were likely to save £381.67 per month.
Stoke-on-Trent came out top for cheapest cities for graduates, averaging monthly savings of £242.27 per month, followed by Newcastle-Under-Lyme, Liverpool, Lincoln, and Coventry, respectively, all with monthly savings of over £100. Unsurprisingly, London came out as the most expensive city for graduates, with residents actually losing £3,391.40 per month.
So, if you want to save some money after uni, it looks like you have a choice of ten cities to live and work in. But even then, you might only be able to pay off, what, like 1/50 of your student debt with that? Bloody millennials.