USA has the most affordable living expenses when compared to
other countries. The estimated cost of living for a student who wants to live on campus
would be $9,000 – $12,000 per year (Varied by Location & Experience in top ranked
universities), which includes the expenses of room, board, food, travel and
accommodation. Whereas, for students who want to live off-campus would be between $500
to $1000 per month. Urban Cities are typically expensive, and living is around $ 1000
per month. Most of the Graduate students from India prefer living off-campus because
they can manage to cut down living expenses. Apart from these expenses, there would be
some miscellaneous expenses which involve transportation, laptop, entertainment, etc.
It is important to understand the return on your investment and
value for your money. The tuition fee for graduate programs varies with the
universities, ranging from $20,000 to $30,000 per year. Some of the IVY league and
private universities are expensive. However, most of the universities offer merit-based
scholarships depending upon students UG percentage and GRE Scores.