How Much Do Expats Pay To School Their Children?

1243

Expats are finding the costs of sending their children to international schools in some Asia-Pacific countries are in a class of their own.

The most expensive schooling is in Hanoi, the capital of Vietnam, where parents pay an average monthly rent of $851, but $1,251 for education each month.

Compare this to Copenhagen, the Denmark capital, where parents pay $373 a month for schools, which is just 15% of their monthly rent of $2,345.

The study, by the International Schools Database (ISD)lists the costs of rent and schools in 40 cities that are popular expat destinations worldwide.

“As expat parents ourselves, we know that price is a very important part of the decision of which international school to choose. That’s why we made transparent and comparable prices an important feature of the International Schools Database,” said ISD co-founder Andrea Robledillo.

Booking.com

“While comparing prices for international schools and expat rents, we also found that international schools prices tend to correlate with local prices, and are not fixed at a “global price” as could be expected.”

Rent v international school costs

CityCountryAverage Price of International School Per MonthAverage Price of Rent in Expat AreaInternational School Price as % of Rent Price
Abu DhabiUnited Arab Emirates$732$2,31932%
AmsterdamNetherlands$609$2,44525%
BangkokThailand$1,032$1,55466%
BarcelonaSpain$880$1,69052%
BeijingChina$2,519$2,091120%
BrusselsBelgium$1,777$1,335133%
BudapestHungary$1,094$964114%
Cape TownSouth Africa$375$1,33028%
CopenhagenDenmark$373$2,43515%
DohaQatar$831$2,99828%
DubaiUnited Arab Emirates$964$2,31442%
GenevaSwitzerland$1,910$3,55154%
HanoiVietnam$1,251$815153%
Ho Chi Minh CityVietnam$1,262$1,021124%
Hong KongHong Kong$1,282$5,10025%
JakartaIndonesia$1,196$1,060113%
Kuala LumpurMalaysia$583$78674%
Lausanne-VaudSwitzerland$2,227$2,44391%
LimaPeru$798$87791%
LisbonPortugal$784$1,33359%
MadridSpain$844$1,68550%
MalagaSpain$590$1,24347%
ManamaBahrain$422$1,54527%
ManilaPhilippines$863$1,07780%
MilanItaly$1,183$1,84164%
NairobiKenya$752$1,55048%
ParisFrance$1,070$3,21633%
PragueCzech Republic$1,250$1,228102%
RiyadhSaudi Arabia$422$1,00842%
RomeItaly$1,080$2,10851%
San JoseCosta Rica$803$1,08074%
SeoulSouth Korea$1,799$1,512119%
ShanghaiChina$2,744$2,363116%
SingaporeSingapore$1,856$2,66170%
São PauloBrazil$1,100$1,086101%
TaipeiTaiwan$1,138$1,54174%
TokyoJapan$1,528$2,54460%
TorontoCanada$1,977$1,841107%
ViennaAustria$1,597$1,63898%
ZurichSwitzerland$2,075$3,06768%

Source: International Schools Database

Download the Free Pension Transfer Guide

Expat Pension Transfers Guide

iExpats.com expert writers have created a simple guide to Expat Pension Transfers just for you.

Find out how you could save tax, increase growth and investment opportunities with this simple, no-nonsense guide that will introduce QROPS, SIPPs and QNUPS options and talk through the pros and cons. Download the free guide by following the link below

Leave a Reply