Cost of living for university students 46% higher than in 2020

Polish students spend an average of PLN 3,867 per month on living expenses, a 46% increase compared to 2020, according to the Warsaw Institute of Banking. Three years ago, students needed PLN 2,652 monthly to cover essential costs. The cost of living has continued to rise, reaching an average of PLN 3,867 in 2023.

The study also revealed that one in five students considered quitting further education due to financial reasons, with 11% willing to drop out and 5% considering a sabbatical. Additionally, young people in the 18-24 age group had accumulated overdue debts worth PLN 1 billion by July 2023.

Source: 300gospodarka.pl