Participating in Greek life is typically known to be a sizable expenditure — choosing to live in a fraternity house can cost anywhere from $4,200 to $18,000 a year, according to the Interfraternity Council. According to the Panhellenic Association, living in a sorority house can range from $7,700 to $11,980 a year. In addition to live-in costs, semesterly membership dues, which also range in price, are required of all members.
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