All thanks to Quality Education and the excellent student lifestyle, France has become one of the best Study abroad destination not only for the Europe, but for the whole world. When you think of studying in France, the first thing that will come to your mind will be the tuition fees and cost of living in France. Now, the cost of living in France will change with the Universities and the cities you are living in, however, we have provided here the average cost of living in France for different day to day expenses.
Estimated cost of living in France:
Accommodation Costs: The shared rooms for students cost between €120 and €380 per month
Food costs: (At University Restaurant) €130 to €150 per month
Health Care: €380 to €750 per month
Transport, leisure, and social cost of Living in France: €100 per month
- The living cost in France for an undergraduate student will be €10000 to €18000 per year.
- The living cost in France for an postgraduate student will be €18000 to €30000 per year
Medical cost:
The medical insurance is compulsory for students living in France. The health insurance cost can be somewhere between €350 to €715 depending on the place and age of the student.
Other Costs of Living in France:
- If you are willing to learn French, the average French learning fees are around €350. It is always advisable to learn French from the recognised institution for learning French.
- The average cost of food and grocery items is somewhere around €100 for an individual.
- If you are at a cold place, coats and jackets can be of €50 depending on the purchase.
- The trains and transportation can be 20 to 50 euros one way.
How to Manage your Finances in France:
- Most merchants accept Major Credit and Debit Cards like Visa and MasterCard, which are usually accepted internationally. There might be some added charges for the transaction. ATMs are also available throughout the country in case there is a need of some urgent money.
- They are also open with cheques, however many a times, foreign bank cards and cheques won’t be accepted as universally.
- Euro is now the sole mode of denomination in France now.
If a student is studying in the France for less than two years, he or she can open an non-resident bank account to support the costs of living in France. If the stay is longer, then there might be a requirement of resident account. As your bank in the home country if it has any associating institution in France, and the account opening will be easier afterwards.