Students in Belfast expect to spend more on a pint than in any other city in the UK, according to the latest data from the Ulster Bank Student Living Index.
The survey found that the cost of studying in Belfast has become significantly higher in recent years, with Belfast now the 6th most expensive city for students.
Ulster Bank interviewed 102 students in Northern Ireland as part of a wider YouthSight survey across the whole of the UK.
According to the survey, students in Belfast reported that they expect to spend £7.20 on a pint, more than any other UK city.
However, in contrast to the survey's claims The Sunday Life revealed last month that the most expensive pint of beer on the island of Ireland was being sold in Belfast for £8 in The Observatory on the 23rd floor of Hastings' new Grand Central Hotel.
The price of pints of beer in Belfast can change dramatically depending on establishment but a number of bars and clubs across the city promote themed student nights with discounts on offer.
The report also shows that nights out in Belfast are £10.00 more expensive than the UK average with students spending £56.00 on each night out.
The study found that while renting costs and tuition fees are much lower in Belfast than anywhere else in the UK, typical student loan contributions for students here are much lower than the UK average.
The survey also revealed that other sources of income, including contributions from family and friends and assistance through bursaries or scholarships, were again lower than the UK average.
While students in Belfast try to mitigate this by working a higher number of part-time hours, overall income is the sixth lowest in the UK.
On average, students in Belfast work a total of 23.2 hours each month and dedicate 86.8 hours each month to their academic study, which is just slightly shy of the UK student average of 90.3 hours per calendar month.
The survey reported that Belfast undergrads are only spending 23.7 hours per month socialising, the fourth lowest in the UK.
Terry Robb, Head of Personal Banking at Ulster Bank, said it was important that prospective students were thinking about the financial implications when choosing where to study.
“We see huge discrepancies associated with the cost of studying at different cities, so it is important that young people take this into account when selecting the right course for them," he said.
Hull is currently the most affordable city in the UK for students according to the index. Liverpool has overtaken Glasgow as the most expensive place to study with rent, household bills and the cost of socialising all well above the UK average.