by our College Data Analytics TeamRoom, board, as well as other expenses can add up to a lot. Exactly how much does Massachusetts Institute of Technology charge for these basics, and how does this school compare to others?
On this page you will find:
Get an idea of what the expenses at Massachusetts Institute of Technology are going to be for dining, on-campus housing and additional charges by examining the table below.
| Expense | On Campus |
|---|---|
| Room and Board | $18,100 |
| — Housing | $11,550 |
| — Meals | $6,550 |
| Other Living Expenses | $2,202 |
| Books and Supplies | $840 |
| Total | $21,142 |
For the past five years, MIT housing and dining costs have adjusted 5.5% per year on average, compared to a nationwide average change of 2.4%. Incoming freshmen in 2022 should expect to pay an average of $22,199 for room, board and other costs according to today's trends. Those students would end up paying roughly $23,314 for their second year, and $25,727 for their 4th year.
Bachelor's degree students will end up paying a total of close to $95,731 in living costs by the time they complete their degree, while two-year students might pay a total of about $45,514.
* estimated
Are you wondering whether you may be required to live on campus? If you are a first-time full-time student, some schools may require it. See the table below to find out whether MIT does or not, as well as the on-campus housing capacity.
| Question | Answer |
|---|---|
| Are Freshmen Required to Live on Campus? | No |
| On-Campus Housing Capacity | 6,280 |
Students at MIT pay $21,142 to stay on campus, while the average student nationwide will pay just $15,282.
If you’re considering Massachusetts Institute of Technology, here are some more schools you may be interested in knowing more about.
Curious on how these schools stack up against MIT? Pit them head to head with College Combat, our free interactive tool that lets you compare colleges on the features that matter most to you!
Check out the following matchups:
Image Credit: By InSapphoWeTrust under License
More about our data sources and methodologies.
