Do you have any kids? Well, Mumbai is much more than this. So all in all, a family of 3 can comfortably live in Mumbai with a budget of Rs. In last 2 decades graph of inflation gone very rapidly. Adding other expenses like utilities, food, transport, etc. Well, if you ever ask any Mumbaikar, ‘Let’s go to XYZ place by metro”. 65,000. Cost of Living in Bangalore for a couple ranges around Rs.15,000 - Rs.41,000. Monthly rent costs: $545 per month. Since Mumbai’s weather is always humid, electricity charges also play a crucial role in making the budget. Mumbai also is developing an expansive metro train service. Prices and comparisons for the whole range of expenses: food, housing, going out, etc. How expensive is it to live in Mumbai? 1500 – Rs. You would be amazed to know that these kaali-peeli taxis are still in use and is a mode of transportation for many in the city. If Andheri East is the area you’re looking for, it will cost you Rs. If you’re looking for a PG option in Chennai, you can find decent PG ac… 50,000 depending on the area you choose to live in. Rent for a 1 Bhk in areas like Thane, Navi Mumbai, etc. Well it all depends where you choose to live. Riding in them is quite affordable because for every 1.5 km you just need to pay Rs.22 and Rs.148 for every 10 km. Whereas the same 1 BHK flat might cost you around Rs. The average prices for Tiffin services for a month are around Rs. Property prices have touched the sky in Mumbai, India’s costliest city to purchase a home and so have monthly rental rates. This calculation uses our Cost of Living Plus Rent Index to compare cost of living. 65,000 per month in areas like Walkeshwar and Kemps Corner. This also turns out to be an economical option. 12,000- Rs. Finding a place to stay is an unavoidable expenditure when you plan to move to a new city. Bollywood? The rest of your expenditure like food, transport is very similar to other big cities in India. If you can take care of that part, the rest of the expenditures like food, transport, etc. If your accommodation expenses are taken care of, then the rest of the expenditure is pretty similar to other cities. Vada Pav? Bollywood? On the other hand, if you cannot afford this sky-high fees of private colleges, Mumbai offers you some of the best government colleges like Institute of Chemical Technology, Government Law College, and Sardar Patel College of Engineering might not be able to match the standards of other private colleges but they definitely offer you quality education and best professors. The approximate cost of living in a 2 BHK flat in Bangalore will cost you in the range of Rs. The bigger the house you want, the higher are the rents. : + + 48.59% Accomodation Cost Mumbai also has the largest organized bus network among major Indian cities. : + + 28.3% Accomodation Cost For couples or families moving to Mumbai, a decent sized 1 Bhk in such areas can cost you somewhere around Rs. 1500-3000 per month. Rental Accommodation will burn the biggest hole in your pockets. Not to worry because the city has some ‘up to the mark’ amusement parks that offers you amazing rides, water parks, snow parks and much more. A city that never sleeps. : + + 37.42% Accomodation Cost Current as of Jan 2021. On the other side, if you have your own home and budget is not an issue, you earn really well and can afford your expenses with great ease; the city will welcome you with open arms with a number of options. And if you opt for an individual flat, your monthly expenses can vary from Rs.20,000-Rs40,000. All your daily need things like milk, Bread, Rice, Poultry items, Fruits, etc, are readily available at MRP prices in nearby Kirana stores, Supermarkets which are present in abundance. :-- 27.9% Accomodation Cost 5. Places like Linking Road, Colaba, Lokhandwala market, Hill Road offer you with all the latest trends in fashion at very decent prices. Chennai provides you with a lot of affordable stay options. Both these cab services are doing a great job by providing their services in almost every city. What is the cost of living in Mumbai for students, couple, family, bachelors? Check out the fees structure and courses of other colleges before you select one. And if you can spend as much as you can then there’s no second thought about it. 35,000-Rs 40,000. The best way to live in Mumbai within a budget is to share your accommodation. Bachelors (Sharing Basis): ₹20,000 – ₹25,000 Approx, Couples: ₹25,000 – ₹45,000 Approx and for Family (1Kid): ₹30,000 – ₹50,000 Approx. What is that thing you need to understand before shifting to any new city? 3. If you’re looking for a 1 BHK flat in Ambernath, it will cost you Rs. Tag: cost of living in bangalore for a bachelor. How much money do you need to live comfortably in Mumbai? A single person estimated monthly costs are 397.92$ (29,112.42₹) without rent. You can book a cab if you want to visit any nearby place but if you’re taking one in the peak hours then all the best with the Mumbai traffic. In a city where people can make living on vada pav only, it becomes really difficult to afford the facilities of the private hospitals when it comes to quality healthcare services. If you move towards the northern side of Mumbai, rent prices there can vary from Rs. 200 at Linking Road to Rs. And on the other side, locals were and are always comfortable with those overflowing and overcrowding trains (especially in peak hours). As per the data from our users average cost of living in Mumbai, India is expensive/cheaper than Hyderabad, India. Being the home for Bollywood, Mumbaikers take their fashion sense very seriously. 3000 and rest depend on how much you use things that run on electricity. Living in Mumbai is expensive. But since we are talking about a 604km square city so, the cost of housing will depend on where exactly you will be staying there. A normal evening spent walking and eating around Marine drive or Chowpatty can cost you around Rs. 10 Best Vacuum Cleaners in India (June 2019 Guidebook), Best Double Door Refrigerator 2019 (A MUST READ), Best Fully Automatic Washing Machine in India (August 2019), Best Inverter AC in India 2019 (DO NOT BUY Before Reading), Best Projector in India for Home and Offices for 2019, Best Washing Machine in India 2019 (Ultimate Buyer’s Guide), Best Smartphone Under Rs. You know it's funny considering that exactly was my salary before. For families moving to Mumbai, this city has many reputed top-notch schools. “All work and no play makes Jack a dull boy”. If you’re a shopaholic, you’re lucky to be in Mumbai then. would take up a considerable amount from your budget. Mumbai is of one the top city in India, the city is also known for its culture, traditions and job opportunities that welcomes expats & students for jobs and education. 6. Related Topics. Cost of living data are derived from actual housing sales data and extensive research using authoritative online databases for consumables, fuel costs, tax rates, etc. The fees for playschools can range from Rs. A city whose charm is so tempting, that thousands of people come here every year with dreams of making it big in this vibrant city! 40,000 per month in Nalasopara. 45 depending on the Second or First class. Add another Rs. Settling in the city might look difficult but it is not impossible. 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