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Nine-Month Academic Year 2014-15

2014-15 low and moderate living expense budgets

This table shows living expense costs by region and metropolitan area over a nine-month period. Both a moderate and a low budget are provided. The budgets reflect increases in the Consumer Price Index (calculated by the U.S. Bureau of Labor Statistics) of 1.017 percent for 2012, and an estimated adjustment of 1.015 percent for 2013.

The budgets are developed based on data from the most recent Consumer Expenditure Survey (CES) and the Indexes of Comparative Costs, both produced by the U.S. Department of Labor's Bureau of Labor Statistics. Budget regions correspond to the metropolitan statistical areas (MSAs) defined by the U.S. Office of Management and Budget. The CES sample changes about every 10 years, which changes the MSAs for which indexes can be developed. There were 28 MSAs for the period from 1996 to 2004, but that number dropped to 24 for 2005. Therefore, the regional tables of the living expense budget now reflect only 24 MSAs. Also, since a factor could not be established for every region of the country, no region is adjusted by a value of less than 1.0.

 Moderate 9-Month  BudgetLow 9-Month Budget
United States $ 17,260 $ 11,560
Northeast:
Boston–Cambridge–Quincy, MA–NH 18,296 12,254
New York–Northern New Jersey–Long Island, NY–NJ–PA 18,986 12,716
Philadelphia–Camden–Wilmington, PA–NJ–DE–MD 18,296 12,254
Pittsburgh, PA 17,260 11,560
North Central:
Chicago–Naperville–Joliet, IL–IN–WI 17,950 12,022
Cleveland–Elyria–Mentor, OH 17,260 11,560
Detroit–Warren–Livonia, MI 17,260 11,560
Minneapolis–St. Paul–Bloomington, MN–WI 17,433 11,676
St. Louis, MO–IL 17,260 11,560
South:
Atlanta–Sandy Springs–Marietta, GA 17,778 11,907
Baltimore–Towson, MD 18,813 12,600
Dallas–Fort Worth–Arlington, TX 17,433 11,676
Houston–Sugar Land–Baytown, TX 17,605 11,791
Miami–Ft. Lauderdale–Miami Beach, FL 17,950 12,022
Washington–Arlington–Alexandria, DC–VA–MD–WV 19,849 13,294
West:
Anchorage, AK 18,813 12,600
Denver–Aurora, CO 17,260 11,560
Los Angeles–Long Beach–Santa Ana, CA 18,813 12,600
Phoenix–Mesa–Scottsdale, AZ 17,605 11,791
Portland–Vancouver–Beaverton, OR–WA 18,123 12,138
San Diego–Carlsbad–San Marcos, CA 19,159 12,832
San Francisco–Oakland–Fremont, CA 20,539 13,756
Seattle–Tacoma, WA 18,641 12,485
Honolulu, HI 18,641 12,485

Note: These budgets are provided to assist financial aid officers in developing living expense budgets for their independent, off-campus students. The budgets should not be confused with the actual boarding expenses experienced by an on-campus student.

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