24 Russell Group universities · 2025/26 data

Russell Group universities — affordability ranked

A Russell Group degree signals research excellence — but which ones leave you financially viable? Ranked by monthly balance after halls, transport, and groceries.

Best balance
597/mo
Imperial College London
London RG unis
5
highest costs
🏆 Imperial College London: the most affordable Russell Group university

With cheapest halls at £155/week (£672/month) and a strong graduate employment record, Imperial College London tops the affordability table. Students here have a monthly balance of 597 after core costs — more than many non-Russell Group alternatives. See the full Imperial College London breakdown →

All 24 Russell Group universities ranked

#
University
Halls/wk
Grad salary
Balance
1
Imperial College LondonLondon
London
£155
£45k avg
+£597
2
King's College LondonLondon
London
£155
£34k avg
+£597
3
London School of EconomicsLondon
London
£155
£42k avg
+£597
4
Queen Mary University of LondonLondon
London
£155
£28k avg
+£597
5
University College LondonLondon
London
£155
£35k avg
+£597
6
Cardiff University
Cardiff
£95
£26k avg
+£499
7
Durham University
Durham
£95
£31k avg
+£499
8
Newcastle University
Newcastle
£95
£27k avg
+£499
9
Queen's University Belfast
Belfast
£95
£25k avg
+£499
10
University of Birmingham
Birmingham
£95
£29k avg
+£499
11
University of Bristol
Bristol
£95
£31k avg
+£499
12
University of Cambridge
Cambridge
£95
£50k avg
+£499
13
University of Exeter
Exeter
£95
£28k avg
+£499
14
University of Leeds
Leeds
£95
£28k avg
+£499
15
University of Liverpool
Liverpool
£95
£27k avg
+£499
16
University of Manchester
Manchester
£95
£30k avg
+£499
17
University of Nottingham
Nottingham
£95
£28k avg
+£499
18
University of Oxford
Oxford
£95
£48k avg
+£499
19
University of Sheffield
Sheffield
£95
£27k avg
+£499
20
University of Southampton
Southampton
£95
£29k avg
+£499
21
University of Warwick
Coventry
£95
£34k avg
+£499
22
University of York
York
£95
£27k avg
+£499
23
University of Edinburgh
Edinburgh
£100
£32k avg
+£478
24
University of Glasgow
Glasgow
£100
£29k avg
+£478

Prestige vs finances: the real trade-off

Every Russell Group university is considered academically excellent. The employers that specifically recruit from Russell Group universities rarely care which one — so the financial case for choosing a cheaper Russell Group uni is strong.

The gap between the most and least affordable Russell Group city is substantial. A student at Imperial College London vs a London Russell Group university could be £0 per month better off — that's £0k over three years.

That difference mostly comes from rent, not tuition — which is the same £9,535/year everywhere. If graduate salary outcomes are similar, the northern Russell Group universities offer significantly better financial outcomes during the degree itself.

The London Russell Group penalty

Despite receiving a higher maintenance loan (£1,529/mo vs £1,171), London Russell Group students face rent costs that wipe out the benefit entirely.

Imperial College London
Halls: £155/wk
+£597/mo
King's College London
Halls: £155/wk
+£597/mo
London School of Economics
Halls: £155/wk
+£597/mo
Queen Mary University of London
Halls: £155/wk
+£597/mo
University College London
Halls: £155/wk
+£597/mo

Want a non-Russell Group alternative?

Some non-RG universities offer comparable graduate salaries at significantly lower living costs.

All universities rankedLondon alternatives