average college student allowance per week
Information from Languages Canada shows that an average short term student spends $206 per study week for room cost. We have assumed $100 per study week for food, $35 for transportation, and $50 per week for discretionary spending, based on various institution websites which provide information on expense budgeting.o has the estimate of transportation cost. In addition to basic living costs as presented above, we have made an allowance of $2,500 per student per year ($1,500 for K-12 students) for discretionary expenses (such as eating out, recreational activities, and entertaining).
Teenagers are receiving allowance/money from parents regularly, enabling them to have constant buying power, the report states. Average weekly spending ranged from $56 for 12 and 13-year-olds to $192 for 18 and 19-year-olds. One in four aged 16-plus combined study with a part-time job. Boys with a love of expensive techno toys and video games had a bigger budget than girls, outlaying an average $54 a week more.