Special Report

Most Expensive Countries to Live as a College Student

skynesher / E+ via Getty Images

Studying abroad has become a major part of the college experience for many American students. Besides an immersion into a host country’s culture, language, history, and cuisine, U.S. students can explore adjacent nations as well as gain a different perspective on America during their time outside the U.S.

As great as the opportunity is to study overseas, some countries are more expensive for students, who are under pressure to stretch their dollars, pounds, or euros. (In the U.S., these are the cities where a college education pays off the most.)

To determine the cheapest countries to get a college education, 24/7 Wall St. reviewed cost components from Global Student Costs, a report compiled by DealA, a Singapore-based free coupon website for online shoppers. For each country, DealA produced an overall student cost score, with higher numbers indicating cost is less expensive. To break ties, we have chosen tuition fee for home students, with higher fees ranking as more expensive.

The English-speaking countries of the United States and England carry the highest premium for college students. 

Of the five categories DealA included in its index — average monthly public transportation pass cost, average university accommodation cost, minimum public undergraduate tuition fees for international students, public undergraduate tuition fees for home students, and average living expenses — the U.S. is the second-most expensive country in two areas and third most expensive in one area. 

America, with more top universities than any other nation, also has the highest minimum public undergraduate tuition fees for international students, amounting to the lowest student cost score, meaning most expensive. 

England, home to Oxford and Cambridge, two of the oldest institutions of higher learning in the world, is first in minimum public undergraduate tuition fees for home students. (These are the oldest universities in the world.)

Four countries have an average annual university accommodation cost of $1,000 or above — South Korea, U.S., New Zealand, and the Netherlands. Three nations — the U.S., Australia, and Canada — have minimum public undergraduate tuition fees for international students of $20,000 or more. England and the U.S. are the only countries where public undergraduate tuition fees for home students exceed $11,000. As a point of contrast, the cost of tuition in the international and home categories is zero in Norway.

Click here to see the most expensive countries to live as a college student
Click here to see our detailed methodology

Source: Ekely / iStock via Getty Images

13. Norway
> Average cost of monthly transportation pass (with student discount where available): $80.38
> Average cost of student accommodation: $781
> Public tuition fees (home students): $0
> Minimum public tuition fees (international students): $0
> Overall student cost score: 5.12/10

[in-text-ad]

Source: KavalenkavaVolha / iStock via Getty Images

12. Spain
> Average cost of monthly transportation pass (with student discount where available): $60.29
> Average cost of student accommodation: $726
> Public tuition fees (home students): $2,858
> Minimum public tuition fees (international students): $850
> Overall student cost score: 5.12/10

Source: saiko3p / iStock via Getty Images

11. France
> Average cost of monthly transportation pass (with student discount where available): $83.73
> Average cost of student accommodation: $447
> Public tuition fees (home students): $190
> Minimum public tuition fees (international students): $3,400
> Overall student cost score: 4.8/10

Source: scanrail / iStock via Getty Images

10. Sweden
> Average cost of monthly transportation pass (with student discount where available): $61.40
> Average cost of student accommodation: $692
> Public tuition fees (home students): $0
> Minimum public tuition fees (international students): $9,500
> Overall student cost score: 4.48/10

[in-text-ad-2]

Source: SeanPavonePhoto / iStock via Getty Images

9. South Korea
> Average cost of monthly transportation pass (with student discount where available): $40.00
> Average cost of student accommodation: $2,800
> Public tuition fees (home students): $4,578
> Minimum public tuition fees (international students): $16,800
> Overall student cost score: 4.08/10

Source: Sanga Park / iStock via Getty Images

8. Switzerland
> Average cost of monthly transportation pass (with student discount where available): $61.40
> Average cost of student accommodation: $893
> Public tuition fees (home students): $1,168
> Minimum public tuition fees (international students): $1,013
> Overall student cost score: 3.84/10

[in-text-ad]

Source: Yasonya / iStock via Getty Images

7. Netherlands
> Average cost of monthly transportation pass (with student discount where available): $78.15
> Average cost of student accommodation: $1,116
> Public tuition fees (home students): $2,420
> Minimum public tuition fees (international students): $2,308
> Overall student cost score: 3.04/10

Source: Mlenny / E+ via Getty Images

6. Australia
> Average cost of monthly transportation pass (with student discount where available): $52.44
> Average cost of student accommodation: $824
> Public tuition fees (home students): $4,763
> Minimum public tuition fees (international students): $20,000
> Overall student cost score: 3.04/10

Source: Aolin Chen / iStock via Getty Images

5. Canada
> Average cost of monthly transportation pass (with student discount where available): $77.47
> Average cost of student accommodation: $639
> Public tuition fees (home students): $4,939
> Minimum public tuition fees (international students): $20,000
> Overall student cost score: 2.8/10

[in-text-ad-2]

Source: TommL / E+ via Getty Images

4. Singapore
> Average cost of monthly transportation pass (with student discount where available): $83.73
> Average cost of student accommodation: $430
> Public tuition fees (home students): $6,947
> Minimum public tuition fees (international students): $10,267
> Overall student cost score: 2.56/10

Source: Robert CHG / iStock via Getty Images

3. New Zealand
> Average cost of monthly transportation pass (with student discount where available): $100.48
> Average cost of student accommodation: $1,340
> Public tuition fees (home students): $4,295
> Minimum public tuition fees (international students): $18,883
> Overall student cost score: 1.68/10

[in-text-ad]

2. England
> Average cost of monthly transportation pass (with student discount where available): $82.46
> Average cost of student accommodation: $975
> Public tuition fees (home students): $12,185
> Minimum public tuition fees (international students): $17,000
> Overall student cost score: 1.2/10

Source: Majestic_Aerials / iStock via Getty Images

1. United States
> Average cost of monthly transportation pass (with student discount where available): $72.00
> Average cost of student accommodation: $2,100
> Public tuition fees (home students): $11,064
> Minimum public tuition fees (international students): $26,304
> Overall student cost score: 0.88/10

Methodology

To determine the most expensive countries to get a college education, 24/7 Wall St. reviewed Global Student Costs, a report compiled by DealA, a Singapore-based free coupon website for online shoppers. The site sourced a list of colleges from College News, Educations, Studee, and Statista. To break ties, we have chosen tuition fee for home students, with higher fees ranking as more expensive.

DealA sourced the maximum average cost of a monthly transportation pass by country (with student discount where available) from Masters Portal and Transport for London. For Poland, the average cost of a six-month semester pass was divided by six. The maximum average cost of college-owned or on-campus accommodation per year in each country was sourced from Masters Portal.

The website sourced minimum annual public tuition fees for international students for each country from Education Data and, where unavailable from Finder. Public tuition for national students are for the academic year 2015-16 and were sourced from OECD Library or, where unavailable, from Masters Portal, Top Universities, and various country-specific sites. DealA converted costs in various countries from local currency to U.S. dollars using the Xe Currency Converter on March 30, 2022.

DealA gave each state a normalized score out of 10 points for each of the criteria, then calculated the average score out of 10 for each one to arrive at an overall student cost score, with those with higher numbers being less expensive.

Essential Tips for Investing: Sponsored

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.