food and extra monetary funds to cover any unexpected emergency situation while in the U.S.transportation from the airport to your temporary or permanent housing.security deposits and first month’s rent for your housing (often first month, last month and security deposit in New York City).a hotel or hostel while you conduct a housing search.
We suggest you budget between $2,000 and $4,000 depending on where you will be living to cover your initial costs, including: You’ll also need to budget for any traveling you intend to do while in the U.S. If you spend a lot of money in your home country, you will probably spend a lot of money while you’re in the U.S. Personal spending habits and limits: When traveling, most people spend money in the same way they would at home.
You can always ask your host employer if you have questions about your earnings and tax deductions.Įmployee Benefits: If your employer offers free housing or a food or transportation allowance, this benefit will help reduce your monthly costs.
$3.33 loaf of bread $1.31 dozen eggs $2.09 gallon of milkĬheck out the cost of living in your U.S. $3.81 loaf of bread $1.47 dozen eggs $2.27 gallon of milk $4.99 loaf of bread $2.24 dozen eggs $2.19 gallon of milk $4.18 loaf of bread $2.48 dozen eggs $2.79 gallon of milk $105 30-day unlimited CTA pass $2.50 one-way ‘L’ train fare $127 30-day unlimited metro card $2.75 one-way metro fare Typical Rent (one room in a shared apartment) Here you’ll find some useful resources for creating a budget for your time in the U.S., as well as some advice for saving money throughout your program.Įxpenses | Create a Budget | Funding Expenses Cost of Living As you research your host city, you should also come up with a monthly plan of your anticipated expenses. can be expensive and it’s important to make necessary financial preparations before your arrival.