Nine-Month Academic Year 2016-17

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Nine-Month Academic Year 2016-17

2016-17 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 1.008 percent for 2014, and an estimated adjustment of 1.015 percent for 2015.

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  Budget Low 9-Month Budget
United States $ 17,620 $ 11,810
Northeast:
Boston–Cambridge–Quincy, MA–NH 18,501 12,401
New York–Northern New Jersey–Long Island, NY–NJ–PA 19,382 12,991
Philadelphia–Camden–Wilmington, PA–NJ–DE–MD 18,325 12,282
Pittsburgh, PA 17,620 11,810
North Central:
Chicago–Naperville–Joliet, IL–IN–WI 18,149 12,164
Cleveland–Elyria–Mentor, OH 17,620 11,810
Detroit–Warren–Livonia, MI 17,620 11,810
Minneapolis–St. Paul–Bloomington, MN–WI 17,796 11,928
St. Louis, MO–IL 17,620 11,810
South:
Atlanta–Sandy Springs–Marietta, GA 17,972 12,046
Baltimore–Towson, MD 18,677 12,519
Dallas–Fort Worth–Arlington, TX 17,972 12,046
Houston–Sugar Land–Baytown, TX 17,972 12,046
Miami–Ft. Lauderdale–Miami Beach, FL 17,796 11,928
Washington–Arlington–Alexandria, DC–VA–MD–WV 20,615 13,818
West:
Anchorage, AK 19,206 12,873
Denver–Aurora, CO 18,149 12,164
Los Angeles–Long Beach–Santa Ana, CA 19,030 12,755
Phoenix–Mesa–Scottsdale, AZ 18,149 12,164
Portland–Vancouver–Beaverton, OR–WA 18,501 12,401
San Diego–Carlsbad–San Marcos, CA 19,558 13,109
San Francisco–Oakland–Fremont, CA 20,615 13,818
Seattle–Tacoma, WA 18,853 12,637
Honolulu, HI 18,853 12,637

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.