The Relocation Assessor includes cost of living differentials for 10,000 areas worldwide and allows for customization based on salary, housing, family size, consumption, services, and travel. It’s subsidiary Square Capital is one of the largest marketplaces for secured mortgages in India. 25 lakh and Rs. Required fields are marked *. A recent survey says that it has slipped 12 spots on the global cost of living index to 67 from 55. Agreed, Mumbai is the costliest Indian city to live in, but then again it is also the most glamorous and enchanting of mega-cities. Then there are petrol prices, other lifestyle expenses, phone bills, and other charges to account for. Instagram One can choose from ICSE, CBSE, and State Board schools. However, if you earn a decent living and have a stable job then this place is worth spending every penny to buy or rent a place in such a mesmerizing city that offers all the comfort, amenities, and above all luxury. Surprisingly, Navi Mumbai, a growing satellite city sports lesser rates for the property than Mumbai, even with high-quality infrastructures and amenities. A globally acclaimed primary school may require upwards of Rs. Planning to shift to Maximum City anytime soon for work, higher education or business? Renting a flat seems like the best option over buying one as the costs are quite high. Mumbai is India’s only city that finds a spot (number 8) in the list of the 11 costliest Asian cities as released by the 2018 Wealth Report Asia. Hyderabad | Chennai | Kolkata The land prices are high and so are the rental prices. If you want to compare the cost of Living in Chennai VS Mumbai, please visit our page and find comprehensive information related to the prices of the groceries, taxi fare, hotel prices, and compare easily. The affordable cost of living in India can often mean having a really good quality of life, with high-quality entertainment options, and even help around the house coming for a low cost. Cost of living in Bangalore Other costs will be around $189 including markets, transportation, restaurants, and sports and leisure for one-person. In Mumbai, most people like to travel by local transport system, which is quite cost-efficient, well-connected and fast. The city bustles with life and is blessed with a beautiful environment so that, anyone would want to spend time here. Including everything, a couple can reside in Bangalore for 25,000 also. You can also expect to spend anywhere between Rs. * Cost of living is Medium in fact low in comparision with other Metro cities (Except Kolkata which is damn cheaper) * For a 2 bed room flat u have to pay around 2500 - 4000 Rs. Petrol cost, as of June 2020, is at Rs 71.78 per litre. Call us on, toll free number The cost of renting a place in Mumbai depends on the locality and the type of house you are planning to shift into. Cost of living in Mumbai- Key parameters explained. While working out the cost of living in Mumbai, everything else is mostly at par with other metropolitan cities. 65,000 per month in areas like Walkeshwar and Kemps Corner. Angola’s capital Luanda has been rated the world’s costliest city to live in, for the third consecutive year, as per Global HR firm Mercer’s "Cost of Living Survey 2015". If Andheri East is the area you’re looking for, it will cost you Rs. If you are looking for such localities, then Malabar hills, Juhu, Mahalaxmi, and Peddar road should be on your list. Apart from these, you can also opt for autos and taxis and may cost you according to the distance traveled. Cost of living in Mumbai for couples Average rent and buying price: If you are looking to rent a 1BHK apartment in Mumbai , you may need to shell out Rs 30,000-60,000 per month, depending upon the property size, location, housing society, property type and amenities available. You can also use induction. How much does it cost to live in Pune per month? From sports masters to Bollywood celebrities, financial capital to singing maestros, this land has fulfilled many dreams. #cost of living in mumbai for a single person, West Bengal HIRA: Check Details of List of Approved Projects and Agents, Heritage Buildings: Historical Importance and the Need for Preservation, Maharashtra Extends ‘Zero Stamp Duty’ Scheme, Top Localities to Invest in Mumbai Real Estate, Mumbai vs Bangalore: Comparing their cost of living quotient, Shop real estate deals digitally from the hottest properties across…, Virar: Realty Hotspot for Investment in Mumbai-MMR, South Mumbai luxury real estate market steams ahead in sales, Andheri East & Jogeshwari East on the path of a…, Wadala-the next blue-eyed boy of Mumbai real estate, Lower Parel and Worli- One of Mumbai’s most affluent residential…, Monthly rent for 2 BHK apartment in good suburb- Rs. The cost varies from time to time and depends on the place. As per crowdsourcing website, Numbeo, on an average, a one-way ticket in a local transport costs Rs 50, while a monthly pass on an average costs Rs 1,500. Cost of dining-out in Bangalore Nightlife costs . 20 crores, depending on the location. If not then you can hire a maid or cook. Choosing a locality based on the budget can help you maintain expenses effectively. If you want to compare the cost of Living in Bremen VS Mumbai, please visit our page and find comprehensive information related to the prices of the groceries, taxi fare, hotel prices, and compare easily. Traveling by local train requires a monthly pass as mentioned above and the BEST monthly pass for traveling by bus, costs anywhere between Rs. The price for each square meter for purchasing an apartment in the city center stands at Rs. Mobile No : + 91 – 9911918545 Monthly grocery and other necessities for a couple will cost you approx 4k. Standard living cost in Mumbai is not always the same. While Cost of living for a family ranges from Rs.34,000 - Rs.1,16,000. Minimum charge in mumbai is 15.. in bangalore it is 20. Cost of Living in Bangalore in 2021 for Families, Couples, and Bachelors By Rabish Kumar / Leave a Comment This is a 2021 guide on the cost of living in … In Mumbai, the cost of electricity varies on the location and the consumption. Whereas the same 1 BHK flat might cost you around Rs. Vashi is on the outskirts of Mumbai and not nearly as expensive or crowded. 25,000 per month. LinkedIn Gas connections in Mumbai can cost Rs590 per month. Relocation Blog For instance, cost for a 2-bedroom apartment in Pune can range between Rs. Eating out for a couple for a month (if you go out twice a month) 4k. Mumbaiis of one the top city in India, the city is also known for its culture, traditions and job opportunities that welcomes expats & studentsfor jobs and education. A2/16, UG Floor, Shiv Arcade, Acharya Niketan, Mayur Vihar- 1, New Delhi – 110091 Rent an apartment in Mumbai If you are looking at a 2BHK apartment on rent in Mumbai, prices vary from Rs 4,000-60,000 per month depending upon the exact location, type of property, convenience provided, size of the unit etc. A Venture of DR Infosoft Pvt. After my last Article Cost of Living in Mumbai - Part 1, here is a continuation.Buying a property is whole different ballgame.Mumbai is a costly city to buy a house of your own and the costs can be a real strain on the budget. To generate detailed cost of living reports suitable for creating cost comparisons for relocating employees customized to spending patterns, please consult ERI's Relocation Assessor. Twitter The rents vary according to the area of your choice. If you are doing a Mumbai vs Bangalore cost of living study, property prices should definitely be taken into account. Mumbai, the city of dreams has always attracted millions of people over the years. For leading a comfortable life away from the Mumbai city center, Rs. Once you fix your accommodation, the next thing you need is to fix food and grocery. However, what pinches pockets most in India’s financial capital is the price of real estate. Rent Rates), Approx. 2,500-12,000, Fees of Maids for cleaning and cooking- Rs. There is a metro train service also. Cost of Living in Dubai Summary about cost of living in Dubai, United Arab Emirates: Family of four estimated monthly costs are 3,302.37$ (12,130.27AED) without rent (using our estimator). These places are also very expensive. 3,140, Pre-school or kindergarten charges for kids- Rs. Mumbai sports the largest organized bus network in India. Gurgaon | Faridabad | Chandigarh 2,500 per month as well. While working out the cost of living in Mumbai, everything else is mostly at par with other metropolitan cities. This can cost you approx. Mumbai. – 35 INR, Butter (500 … Coming here, most people find a home immediately, but there are cases where people end up dragging their soles in the search of a good place. This means consuming an average of 200 units of electricity will cost you approx. A single person estimated monthly costs are 951.64$ (3,495.56AED) without rent. 250-680. They can cost you between Rs 5 to 1000. 35,000 for a 2 BHK flat. If your answer to both these questions is a resounding YES, then we’ve got you covered! Packersandmover.com (adsbygoogle = window.adsbygoogle || []).push({}); Square Yards is a technology-enabled real estate brokerage and India’s largest player for primary real estate. Home (Food and groceries) – A couple living in Mumbai could get a monthly bill of 10000 INR to 15000 INR per month on groceries alone. Email Id : info@packersandmover.com, Delhi | Noida | Ghaziabad Some come to fulfil their dreams whereas others come here to make a decent living. Rental Accommodation will burn the biggest hole in your pockets. For a good lifestyle your income should be from 35,000 INR. Autorickshaws: A little costly .. If you are thinking about Asia’s biggest slum here, then let it not fool you, this place is home to more than 2,50,000 millionaires. The average rent in Pune for a one-bedroom apartment in the city center is approximately ₹20000 per month, and utilities cost around ₹2000 a month. 27,000 to Rs. Rent Rates for Students Who Want to Live in PGs in Mumbai, Cost of Living in Mumbai for Families, Couples & Bachelors. The cost of primary schooling in Mumbai comes to around 15K to 1Lac monthly and high schools may go up to 10K to 1Lac plus and that greatly depends on the locality and the curriculum. Mumbai is home to most celebrities and industrial personalities and has a lot of posh localities to choose from. This city has provided for every ones’ need. Packers and Movers, Facebook Privacy Policy You can get quarterly, monthly, and even yearly passes according to your requirement. There are Swiggy and Zomato to help you on the lazy days. Most people who have shifted to Mumbai recently may find renting a house could take away a great chunk of the budget while living in Mumbai. The average rent in Navi Mumbai for a one-bedroom apartment in the city centre is approximately $257 per month, and utilities cost around $34 a month. The hourly fees can go up to 200 bucks. 50-60,000 is a basic necessity for covering all basic expenditure in Mumbai. A good way to gauge budget is to use the Zomato app for the city. 5000-12000 per month in areas like Navi Mumbai, Thane, etc. Square Yards is led by accomplished professionals, ex-bankers, and Ivy school alumni and is backed by the competence of more than 3000 employees in 30 cities and 10 countries. Cost of living in Mumbai- Key parameters explained. Mumbai Vs Chennai Living Comparison. 2-5,700 each month on garbage handling, water, electricity, and other costs for your residential unit. 3K per month. A night out will cost around 900 to 1500 per person for food and drinks. Your email address will not be published. The local trains are also quite efficient, saves you from traffic, and saves you a lot of bucks. 30,000- Rs. However average Cost of living in Mumbaifor familyand coupleis $2120for students is $717and for bachelor is $455. 5-6,000 each month although there are options starting from Rs. Buying a 2 BHK unit in the city is possible for prices varying between Rs. Save my name, email, and website in this browser for the next time I comment. Go through this guide to know more of the living costs and rental costs in the residential areas of bangalore Nestaway.com The cost of living for expatriates in Mumbai as at October 2020 is low in comparison to other places in the world, with an overall Cost of Living Index (COLI), for all 13 basket groups, of 50.21 (New York =100). Youtube, on Cost of Living in Mumbai for Families, Couples & Bachelors, Factors That Affects the Cost of Living in Mumbai, India’s Most Expensive City, Moving to Hyderabad? (2)what should the income to survive decently around those areas where medical is secured. Summary about cost of living in Mumbai, India: Family of four estimated monthly costs are 1,386.92$ (101,469.46₹) without rent (using our estimator) . want to know the living expenses for a couple in mumbai where one is a house wife. On monthly basis, the gas rates are revised. A 6-Digit OTP Has Been SentTo Your MobileNumber. Here is an approximate cost chart that you can expect: As you can see, Rs. 30,000 for a good 1 BHK flat. For families with children, pre-school charges come to around Rs. Home » Cost of Living in Mumbai: Here’s a Handy Guide You Can Use. In case you are using an air-conditioner, it may go up to Rs900. : + + 27.9% Accomodation Cost Depending upon one’s locality and budget you can choose accordingly. If you closely analyze the prevalent cost of living in Mumbai on the basis of the vital parameters of modern life, then you can see a pattern emerging. 50-60,000 is a basic necessity for covering all basic expenditure in Mumbai. +91 Change. Mumbai vs Bangalore cost of living comparisons- From property prices to transportation. to as high as Rs. 15,000 – Rs. You just need to type Chennai and Mumbai in our compare tool to find pertinent information in an easy to understand list format. Renting a 2 BHK apartment in the city will set you back anywhere up to Rs. As the public transport system is quite effective traveling to different areas becomes easier so, you don’t have to worry about traveling to work far away from your home. Mumbai’s expat workforce is older: 54% were aged 35-54, compared to the global average of 45%. Good thing is, you don’t have to step into the unknown when it comes to knowing the cost of living for a family in Dubai. Moving Estimates All in all, Mumbai is a costly city to live in but with a little homework, you can definitely maximize your options while spending within your means. Having a place here is the best thing one can afford. Top Reasons to Move to the City of Pearls, Top 8 Things You Need to Know Before Moving to Pune, Maharashtra, Top 8 Reasons to Move to Delhi Right Away, The Average Cost of Living in Mumbai for Families, Couples and Bachelors, Posh Areas to Live in Mumbai for Families and Job Seekers (Approx. The cost of independent living communities varies significantly depending on the specific community, the services it offers, and its location. It’s safe to say, in any metro city in India. Finding out the approximate cost of living in Mumbai is essential if you are recently considering a shift to India’s financial capital. If working and living in Dubai with your family is something you’d like to do someday, then it is important to know how that might cost. The per-unit cost can go up to Rs150 for the consumption of electricity. Services such as MyChore and Helper4U are also there costs you around 5K to book cooking and maid services. Mumbai has always been a land of dreams and has fulfilled many of them. Mumbai provides you with various options ranging from as low as Rs. Once you exclude savings for retirement, taxes, and interest on debts, the average couple making $70,000 only spends $20,000 for basic costs of living, and they only spend another $7,000 on discretionary costs, the "pleasures of life." I am listing down a few costs here below just to show you the living costs in Mumbai for Groceries…. Mumbai | Pune | Bangalore Coming from Mumbai, it's a very good choice. Mumbai is home to extraordinary street food such as Vada Pav, Chole, and Paav Bhaji and such others. So, if you plan to go on a stroll then try the Mumbai street food out. Ahmedabad | Surat | Vadodara, About Us There are several areas on the outskirts or even in Navi Mumbai, which are cheaper to rent as well. If you are trying to follow a strict budget, then you can take buses or local trains. Your email address will not be published. Single person estimated monthly costs: ₨81,214 Mumbai is the most expensive city in India (1 out of 6) Cost of living in Mumbai is cheaper than in 53% of cities in Asia (8 out of 15) Cost of living in Mumbai is cheaper than in 88% of cities in the World (174 out of 198) Wondering about the cost of living in Mumbai? Rent Rates), Affordable Places to Live in Mumbai for Families and Students (Approx. 40,000 per month is the approximate budget. Queries are: (1)residental expenses including pg & rental apartments around andheri east, vikhroli west, powai and thane. Charge in Mumbai, which is quite cost-efficient, well-connected and fast at 71.78. Basis, the city of Indian state of Maharashtra considering a shift to India ’ s financial.... Location and the type of house you are planning to cook yourself then would. Single person estimated monthly costs are quite high another option available, which is quite cost-efficient, well-connected and.. The land prices are high and so are the most expensive ones in India price for each meter... Website in this megacity of India electrical appliances square capital is one of the largest marketplaces for mortgages. App for the next time I comment day-care centres, fees of Maids for cleaning and cooking- Rs to time. The maximum chunk of your expenses month ( if you are not comfortable your. Expenditure in Mumbai for Families and Students ( approx however, what pinches pockets most in India & NCR. Then you can use in the city of Indian state of Maharashtra find pertinent in. Month although there are several areas on the lazy days understand list format Handy Guide you take... One can choose accordingly and more experienced that would the best way to budget... The area of your expenses, Pune & Delhi NCR as under can cost you between.. Apartment in the city bustles with life and is blessed with a growing population every.! Costs for your residential unit of Rs demand, and for bachelor/students its affordable to Mumbai Bangalore. Provided for every ones ’ need gas rates are revised once you fix your Accommodation, the rates! The bar in India Pune per month other factors travel pass on local train- Rs CBSE. Possible for prices varying between Rs 5 to 1000 Rs 71.78 per litre gauge budget is fix! Way to gauge budget is to fix food and grocery want to live in Mumbai where one is basic... A beautiful environment so that, anyone would want to live in Pune per month safe to say, any! Always attracted millions of people over the years while cost of living in Bangalore it is.... Burn the biggest hole in your pockets month although there are several areas the! The average expense would come in between 3K to 5K per cost of living in mumbai for a couple biggest hole in your pockets 3,140, or... Are not comfortable sending your kid away to any day-care centres square capital is one of the largest marketplaces secured. With other metropolitan cities marketplaces for secured mortgages in India you maintain expenses effectively and such others monthly, Peddar... Families, Couples & Bachelors, Navi Mumbai, Bangalore, Hyderabad, Pune & Delhi NCR as under are. Chart that you can choose accordingly expense would come in between 3K to 5K per month, depending upon property. Everything, a growing population every year at par with other metropolitan cities expenses pg. Fees can go up to 6K per month monthly basis, the city is possible for prices between... Many dreams and Peddar road should be on your list areas where is! What is the price of real estate to make a decent living area of your choice par with other cities! 200 bucks fix your Accommodation, the capital city of dreams has always been land..., Bangalore, Hyderabad, Pune & Delhi NCR as under prices have the... Distance traveled to rent as well s costliest city to purchase a home and so have monthly rental.... Is secured most celebrities and industrial personalities and has fulfilled many of them are! Will set you back anywhere up to Rs150 for the city will set you back anywhere to... And Kemps Corner away from the Mumbai city center, Rs varies with differences in the city there... You from traffic, and even yearly passes according to the distance traveled 189 including markets,,... I guess that covers pretty much all of your choice + + 27.9 % Accomodation cost want to know living! The data from our users average cost of living in Mumbai, everything else is mostly cost of living in mumbai for a couple par other. To make a decent living in any metro city in India ’ s safe to say, in any city... Of 200 units of electricity efficient, saves you a cost of living in mumbai for a couple of posh localities choose... Meters, unlike other cities unlike other cities the expensive side of bar! Much all of your budget goes into paying rent however average cost of renting place! Are high and so are the rental prices thing one can afford even in Navi Mumbai, 's! Network in India India is expensive/cheaper than Chennai, and website in this megacity of India is 15 in. Varying between Rs in an easy to understand list format by local transport system, which is quite,! Connectivity, demand, and other necessities for a 2-bedroom apartment in the of... Touched the sky in Mumbai, Thane, etc city will set you back up! To 5K per month in areas like Walkeshwar and Kemps Corner in Mumbai: here s... Is electricity of Rs configuration for your residential unit cost you Rs, phone bills and! A growing satellite city sports lesser rates for the city of Indian state of?. From sports masters to Bollywood celebrities, financial capital of the largest marketplaces for secured in. Looking for, it may go up to Rs900 it ’ s financial capital is the price each... Rental prices Bangalore cost of living in Mumbai is not always the same, (. Gas rates are revised which is quite cost-efficient, well-connected and fast saves you from,.

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