The cost of utility bills seems to be increasing year on year and the average broadband bill is now £30.30 a month. That being said, WI-FI costs do vary based on factors such as location, household usage, and the provider you choose. If you are paying more than the average each month, then there may be ways to lower your monthly internet bill. This will help you save more and maximise your student loan.
With this in mind, here is everything you need to know about the average internet cost in the UK and ways to lower your internet bill.
What areas have the cheapest internet?
According to a recent study by GetAgent, London offers the lowest internet prices at £0.62 per Mbps. This was followed by the North East, where the average cost of the internet is £0.78 per Mbps. With this in mind, choosing a London University such as King’s College or Queen’s Mary means you may benefit from lower internet prices, although the cost of living is typically higher in the capital. LSE recommends that London students budget between £1,000 and £1,300 per month to cover accommodation, study materials, and other personal expenses.
A cheaper alternative may be to choose a University situated in the North East of the UK. Some popular universities in the North East include Newcastle University, and Teesside University. These locations offer some of the lowest internet prices and overall living costs, meaning you’ll have more money to spend on your nights out.
What areas have the most expensive internet?
According to the above study, the most expensive internet bills are found in the South West, where the average cost of the internet is £0.93 per Mbps. This is closely followed by Yorkshire, where internet providers typically charge around £0.89 per Mbps. If you are looking for student accommodation offering cheap internet contracts, then you should probably avoid unis such as Exeter and Plymouth. But remember, you shouldn’t let slightly higher internet prices put you off going to your dream uni.
How can I reduce my internet bill?
Luckily, there are several simple ways to cut your monthly internet bill and get more from your provider. Here are some of the best ways to reduce the cost of your internet:
Take advantage of sign-up deals
Many internet providers offer fantastic sign-up deals to attract new customers, which may include a discounted internet rate for the first 6 months, or freebies when you switch. Who doesn’t love a freebie? You should shop around and take advantage of new customer deals and promotions. Make sure you always check the terms carefully as the rate may increase significantly once the discount period expires. You can use a bill splitting tool to ensure that the cost of the internet is split fairly between your housemates – and you won’t have to chase each other for money, either.
Downgrade your internet package
Another simple way to save money on your WI-FI is by downgrading your internet package. Carefully consider how much data you need each month and make sure your package is matched to your needs. This will ensure that you aren’t paying for internet you don’t actually use. That being said, you should avoid making your internet package too restrictive, or you risk being charged date fees if you go over your allowance for the month.
When you’re on a student budget, it’s important to look for ways to lower your monthly expenses. This will help to reduce any money-related stress and allow you to enjoy your student experience to the fullest (definitely meaning more nights out!). Fortunately, there are plenty of simple ways to cut your living costs. Use the above tips to help you find the best internet deals and reduce your monthly utility bills.