Revealed: Which university is the cheapest?

Belfast is the cheapest place to do your degree and lucky students there pay half as much rent as you, according to a new study.

Nottingham and Southampton are also top places to be if you want to save some cash.

But at the other end of the scale, the decadent Bullingdon boys at Oxford shell out the most – and their stingy rivals in Cambridge are the second most expensive.

A student money survey from Natwest measured the living cost in each city against the student average, revealing how much we’re splashing out every week.

Belfast get away with spending a minuscule £46 on weekly rent, compared to the national average of £85.

Belfast pay nearly half the national student rent average

Oxbridge pay even more than London students

This marks a huge turnaround for Belfast, which in 2010 was one of the most expensive student towns to live in.

Second year Belfast English student Rikki Loftus said: “I’m surprised it’s supposed to be the cheapest place to live in the UK because I struggle as it is living off the student loan.

“I don’t know what I’d do without my mum helping me out – a night out in Belfast is never cheap.”

Oxford is officially the most extortionate University for rental accommodation in the UK at £112.07 per week.

Chris, a third year English and History student at Oxford, was not surprised by the survey: “Sure, Oxford has always been bloody expensive. But it’s worth it.

“Fortunately, most Colleges are quite generous with bursaries for those in need.”

Surprisingly, London is only the fifth most pricey place to rent, at £105.3 per week on average.

Reading, Bristol and Cambridge also have higher average student rent prices than the capital.

So where are we spending all of our money? The Natwest student living survey exposed chubby students for spending most of their loan on groceries and eating out.

Books and gym are taking a back seat

Dundee students top the eating charts by scoffing their way through almost £30 worth of groceries per week, on average.

Unsurprisingly, food is always on our mind as the biggest weekly expenditure for everyone came from food.

And clearly we have our priorities right, as we also spend twice as much money on booze as we do on books.