MIT Housing Costs

How Much Does it Cost to Stay at Massachusetts Institute of Technology ?

Room, 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:

• Living Expenses Outline
• Room & Board Trends and Total Expenses
• Meal Plans and Housing Requirements
• Housing Costs Comparison
• References

MIT Living Expenses Housing and meal plans are priced out separately at MIT. The average student spent $11,550 for housing and $6,550 for dining in 2021.

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.

Over 4 Years You Could Spend About $95,731 for Housing, Food and Other Stuff

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

How to Finance Your MIT Education?

More on Your Campus Home

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.

Campus Living Costs are Above Average

Students at MIT pay $21,142 to stay on campus, while the average student nationwide will pay just $15,282.

Related Schools

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

References

• Integrated Postsecondary Education Data System

• National Center for Education Statistics

• Image Credit: By InSapphoWeTrust under License

More about our data sources and methodologies.