How much does a college student spend on clothes?

Expense Budgeted Actual Cost
Beauty/drug store $50 $44
Clothes $60 $78
Miscellaneous $100 $360
TOTAL $1,500 $1,767

How much do college students spend on clothes per year?

How Much Do College Students Spend on Clothing and Personal Care? College students spent a combined $9.5 billion on clothing and accessories in 2019.

How much spending money does a college student need per month?

While the number is dependent on a range of factors, the average amount of spending money for a college student is $2,000 per year or about $200 per month. When figuring out how much money to set aside and deciding how you and your child should split the cost, here are some guidelines and tips to follow.

How much money should you spend on clothes for college?

Sample Budget

Budget Category
Clothing $450-$750
Entertainment $1,300
Food (assuming that most meals are eaten on campus) $3,500- $7,500
Gas/Car Insurance $1,000-$5,000

How much do students spend on clothes a month?

On an annual basis, the average person in the UK spends £526.50 per year on clothes—£104 on shoes and £422.50 on clothing.

How Much Does the Average Person Spend on Clothing a Month in the UK?

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Average per person spend on clothing in the UK Per month Per year
Clothing £35.21 £422.50

What is a reasonable food budget for a college student?

A rough guide is about $400 a month for a college student, which gives you a bit of money to spend on a few dinners out but cooking mostly at home. When you go to set a budget, you can set it based on what you’re currently spending or try and set it slightly lower so you can start saving money straight away.

How much pocket money should a college student get?

Following a survey that said 75% of Indian parents approved pocket money for their kids, college students in the city reveal their monthly allowance ranges from Rs 15,000 to Rs 30,000.

How much should a college student spend per week?

The consensus among the hundreds of parents who did send their college students spending money was that the range should be between $25-$75 a week for a student living on campus. The most common answer was $50 a week or $200 a month. Students who had cars on campus needed more than those who didn’t.

How much should a college student spend on groceries per week?

According to this chart- we’ll assume that most students are on the “low-cost” plan- the average American college students spend on food anywhere between $42-$55 per week. Another survey estimates that the average adult spends between $10-12 per day on food, which comes out to about $70-84 per week.

How much money should a college student have in the bank?

How much should a college student have in savings? Survey Finds 1 in 3 College Students Have At Least $1,000 Saved. Young people aren’t typically known being financial savvy.

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What is the average monthly clothing expense?

Average monthly clothing expenses are about $134 (that’s $1,604 per year). We spend an additional $51 per month ($608 per year) on average for personal products like cosmetics and shaving cream, and services like haircuts and manicures.

Is it bad to spend money on clothes?

Unless you’re doing a specific no spend challenge or trying to shop less, it’s okay to spend some money. Fashion may be a luxury, but clothing itself is a necessity.