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Wednesday 24.01.2018 | Name days: Krišs, Eglons, Ksenija
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Students spend money on housing, food and transport

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Budgets of Latvian students are mainly used to cover housing, food and transport expenses. Average student budget per month is 100 to 200 LVL.

Students spend an average of 71 LVL per month on housing, 56 LVL on food and lunches and 23 LVL on transport services. Clothing and shoes make up a relatively large proportion from expenses, which is also considered irregular purchases or seasonal purchases, said in the latest student survey of Swedbank.

An average of 15 LVL is used on entertainment and leisure. A significant part of monthly expenses is also used for mobile communication and internet – and average of 10 LVL per month. Students spend the least on healthcare, beauty services and office utensils – an average of 8 to 9 LVL for each category.

Even though students’ average income is somewhat smaller than expenses, some students avoid housing and food expenses by living with their parents or other relatives – 37% of respondents say this. At the same time, every fifth student believes that living with parents during studies is childish.

Parental support is one of the main sources of income for students, irrelevant whether the students continues to live with his parents or lives separately. Three of every four students receive financial support from their parents. In a situation desperate for money, students turn to their parents for money most often – two thirds of respondents say this.

More than half of respondents believe that work in parallel to studies interferes with the former. Most young people do not work while studying at universities. 17% of students have full-time jobs, 25% more are involved in project work or have part-time jobs.

Ref: 102.109.109.3404


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  1. JPR says:

    Cheap living!

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