MIT Housing Costs
How Much Does it Cost to Live at Massachusetts Institute of Technology ?
Room, board, and other charges can add up to a lot. Just how much does Massachusetts Institute of Technology request for these basics, and just how does this school compare to others?
On this page you will find:
- Outline of Housing Costs
- Room & Board Trends and Total Expenses
- Meal Plans and Housing Requirements
- Housing Costs Comparison
MIT Living Expenses
Housing and dining plans are priced out separately at MIT. The standard student paid $10,430 for housing and $5,960 for dining in 2020.
The table below will show you the expected prices of both on-campus and off-campus housing and meal plans for Massachusetts Institute of Technology.
|Expense||On Campus||Off Campus|
|Room and Board||$16,000||$8,000|
|Other Living Expenses||$2,182||$2,182|
|Books and Supplies||$830||$830|
Over Four Years You Could Pay About $81,934 for Housing, Food and Other Stuff
For the past five years, MIT meal plans and housing costs have changed 2.9% per year on average, compared to a nationwide average change of 2.4%. If today's trends carry on, incoming freshmen in 2021 will spend about $19,574 in housing, meals and other expenses in their first year of college. Associate degree students would spend somewhere around $20,162 in their last year, while those pursuing a bachelor's degree will likely pay about $21,420 for their last year.
The complete degree (presuming you graduate on-time) the total will be somewhere around $81,934 for four years or $39,736 for a two-year stay.
Details on Your Campus Living Situation
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.
|Are Freshmen Required to Live on Campus?||No|
|On-Campus Housing Capacity||5,965|
Campus Living Costs are Above Average
Students at MIT pay $19,012 to stay on campus, while the average student nationwide will pay just $14,951.
If you’re considering Massachusetts Institute of Technology, here are some more schools you may be interested in knowing more about.
- Columbia University in the City of New York
- Northwestern University
- Rensselaer Polytechnic Institute
- University of Notre Dame
- Washington University in St Louis
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:
- Massachusetts Institute of Technology vs. Columbia University in the City of New York
- Massachusetts Institute of Technology vs. Northwestern University
- Massachusetts Institute of Technology vs. Rensselaer Polytechnic Institute
- Massachusetts Institute of Technology vs. University of Notre Dame
- Massachusetts Institute of Technology vs. Washington University in St Louis
More about our data sources and methodologies.