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Portsmouth has been ranked in the top five most affordable cities to live in the NatWest Student Living Index

22 August 2023

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Portsmouth is one of the most affordable places in the UK for students to live, as revealed in the NatWest Student Living Index

The index takes account of student income and living costs to calculate a score for university towns and cities across the UK, and Portsmouth was ranked 4th.

The NatWest Student Living Index surveyed 3,052 students to determine the most affordable place to study. The survey takes into account how much students spend on going out and the income they earn from part-time work.

Students in Bristol, Coventry and Portsmouth spend the most hours each month in part time work, with students at these universities averaging over 24 hours per month.

The top reason to pick a university is still subject choice, with it increasing in importance this year. Portsmouth jumped to the top of the pile, alongside Lincoln, as the universities chosen because of subject choice.

In Portsmouth, students have a monthly term-time income of £2,627.60, positioning the city in the top 10 for highest average amount in the UK. The cost of a pint averaged at £4.51, one pound cheaper than London which was listed as the most expensive place for a drink.

Nearly half of students (46%) have found themselves running out of money by the end of term – up from 35% in 2022. Almost one in four students (24%) said they found managing their money stressful – an increase of 29% compared to last year. This is most pronounced in Bournemouth.

94 percent of students in Portsmouth felt the University offered support to help them with the cost-of-living crisis, including providing laptop loans, Hardship funds and bursaries, as well as there being a range of accommodation available to suit different student budgets.

Chris Chang, Deputy Vice-Chancellor (Global Engagement and Student Life), said: “When it comes to choosing a course, we know it's about finding the right mix of academic support, great facilities and picking a place to live and study that suits a student lifestyle, so it’s really encouraging to hear that the city is one of the most affordable in the UK.

Portsmouth has a lot to offer, including beaches, great places to eat, independent shops and music venues, and green space, which can all be enjoyed within a student’s budget.

 

Chris Chang, Deputy Vice-Chancellor (Global Engagement and Student Life)

Chris Chang, Deputy Vice-Chancellor (Global Engagement and Student Life), said: “When it comes to choosing a course, we know it's about finding the right mix of academic support, great facilities and picking a place to live and study that suits a student lifestyle, so it’s really encouraging to hear that the city is one of the most affordable in the UK.

“Portsmouth has a lot to offer, including beaches, great places to eat, independent shops and music venues, and green space, which can all be enjoyed within a student’s budget.

“The city is one of the UK’s most picturesque, welcoming and interesting places and we’re proud to call it our home.”  

The NatWest Student Living Index results follow Portsmouth being ranked in the top 20 universities in England for academic support and learning resources in the National Student Survey and top 25 in the Times Higher for overall student satisfaction.

The University has also reclaimed its top 50 place in this year’s Complete University Guide where it was positioned 47th, been named as one of the UK’s top 50 universities, according to the 2024 edition of the QS World University Rankings, and was ranked in the top three modern universities for research power in REF2021.

For students still considering their university options, the University of Portsmouth has a number of excellent courses on offer through Clearing. Call the Admissions team on 023 9284 8081 to speak to an advisor.

City Guide | Discover Our Island City

Commercial Road has you set for your shopping essentials. Or pop down to Southsea for charity shop bargains and quirky independent businesses to browse for something unique.

Or join us in Gunwharf Quays, Portsmouth's Waterfront Shopping Centre to check in on your favourite brand outlets or catch the lights at Christmas. 

I love that kind of vibrancy of the city

It's got a real independent spirit about it.

I think it's got a really good mix of independent businesses.

There are so many local independent businesses.

There are entertainment activities in terms of lots of bars and restaurants and loads of cool places to eat.

There's so much to do right here in the place you live.

There's an island’s worth of beautiful coast to explore and unique green spaces like Canoe Lake and the Rose Garden to enjoy with your friends or by yourself as a space for study or reflection.

Or for something a little different, you could wander into an art gallery, try an escape room, or book a table with your friends at DICE, the local board game café.

And don't forget the nights. There's a ton of live music events happening every week as well as karaoke comedy nights and live theatre.

There are lots of cultural events, art galleries, music venues.

And there are so many shows. You've got kite festivals. 

Food festivals. 

The big one that really helps the town is Victorious Festival.

It is such a really lovely community.

And I think after you've been here a while, you feel part of the community.

It just makes you feel like you're at home away from home.

Portsmouth is a one of a kind place, a place for you to explore and thrive.

There's something for everyone here, and we can't wait for you to be part of it.

To find out more about our city, book an open day and get exploring, visit www.port.ac.uk.

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