College students often think they can save money by living off campus. However, there are a lot of expenses that go with apartment living that you should consider before you make the move. Since you may or may not save money by moving out of the dorm, you’ll have to balance your reasons—which are not always just about money-with the costs.
Please review the average costs below and remember living on campus at Wichita State includes all utiltiies, meals, and the ability to walk to class in a matter of minutes. No hidden extras, all inclusive, and you will find the difference ...PRICELESS!!
Consider your portion of the monthly rent-whether you're living alone (and paying the whole cost) or sharing with roommates. The articles on understanding leases, choosing the right apartment and renting an apartment will provide you with information on how to apply for a rental, what your rental options are, and how your credit report might be used in the process.
Wichita 2012 Off Campus Rent(averages)
* Prices based on apartment size comparable to a Fairmount Standard Double Room
** Adjusted rates based on utilities including electric, gas, water, trash, and phone service
You or your student will need to be able to get to and from campus. If he/she has a car, they will need to consider parking – both on campus and at the apartment. If they do not have a car, they will need to consider whether the apartment is a reasonable walking distance or whether public transportation is available. Be prepared to check about the availability of public transportation at irregular hours in case of attending an evening event on campus. Also factor the cost of gas and the distance from campus into youre montly costs.
Wichita Transportation costs (average)
Utilities: electricity, phone, Internet, cable
Many rental agreements require you to pay for your own heat, electricity, phone, and Internet and cable connections. The utility, phone and cable companies will likely require you to pay a service initiation fee and possibly a deposit if you have never had an account with the company before. The deposit is usually returned after a set period of time (often six months).
For Internet and cable access, you may also have wiring charges if you need connections in certain locations in the apartment or if the unit has never been wired before. A good payment history on utilities is a great way to build your credit history.
If you were used to a campus meal plan that provided two or three meals a day, you will now need to factor in the cost of food as well as time for food shopping and preparation. Check out tips in
the articles on Eating healthy on a budget and Cheap eats.
Meal and Grocery Costs in Wichita (Averages)
The landlord's property insurance doesn't cover your possessions. To protect yourself if your possessions are stolen or destroyed by a fire or flood, you may want to get renters' insurance. This is usually very inexpensive; talk to your parents or ask an insurance agent. For information on renters' insurance, visit Getting renters' insurance.
You'll need furniture, dishes, pots and pans, linen and towels, cleaning supplies-all the things needed to create a home. This list can be long, so try to find creative ways to reduce these costs. Also, be sure to check with your future roommates to see what items they already have.
If you want to have pets in your off-campus housing, you'll need to factor in money for pet food, miscellaneous pet-care items, and their health-care expenses. You'll also need to make sure your landlord allows pets.
If you plan to have roommates, find out if your roommates are willing to living with pets. Remember, some people may be allergic to pets or just don't like dealing with pet hair all over the house. For more information on the costs of owning a pet, visit Adopting a pet.