The first graph provides a breakdown of student expenses per month in UK while the second explains where their budget comes from. Both charts refer to 2016.
First of all, the main category is the rent, which was costing students 385£ per month, making up to slightly less then half of their budget. Then, it is followed by food, on which they were spending £124, about a third of the housing expenses. Finally we have three comparable categories: socialising, travel and bills, which were worth about 60£ each.
With regard to sources of income, it is clear that student loan was the most popular, with 80% of students that were taking advantage of it. While, looking at the graph, almost three quarters of them were getting money from their families or from a part-time job. In the end the least common sources were savings, bank overdraft and grants and funding, which were used by about 40% of students each.
Overall, students were spending a significant proportion of their budgets on the rent, while there are no important differences between the percentage of the sources of income.
