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  • Cost of living in Bangalore 2024 -2025: Detailed list of expenses

Cost of living in Bangalore 2024 -2025: Detailed list of expenses

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Bangalore is one of the unique cities in India, blessed with a beautiful climate, skilled employees in the IT sector, a rich historical background, and greenery. This city has excelled in the areas of information technology because of numerous IT Parks. Bangalore is best for every genre of people whether you are a student, job seeker, couple, family or a businessman. Are you curious about the cost of living in Bangalore? The cost of living in Bangalore is comparatively higher than many other cities. The living cost in Bangalore will likely increase if you choose to live there with a family.

Cost of owning or renting a house in Bangalore

Cost of owning or renting a house in Bangalore

Bangalore features IT Parks and MNCs in several posh areas. The people relocating to Bangalore look for an answer of how much salary is enough to live in Bangalore. Well, you will have to pay a slightly higher rent for housing in these areas. As a result, a lot of tenants choose moderately priced locations. The cost of living in Bangalore with children could be between Rs 40,000 and Rs 45,000 per month. Bangalore offers several residential flats in both 1 BHK and 2 BHK configurations for sale or rent.

Let’s see the average cost of living in  Bangalore:

Single person/Student Couples Families
Rent (Rupees) 7,000 – 13,000 15,000 – 25,000 15,000 – 30,000
Groceries (Rupees) 3,000 – 5,000 6,000 – 8,000 8,000 – 15,000
Transportation (Rupees) 1,500 – 2,000 2,000 – 5,000 5,000 – 7,000
Utilities (Rupees) 1,200 – 2,500 2,000 – 3,000 3,000 – 5,000
Entertainment (Rupees) 5,000 – 7,000 6,000 – 9,000 6,000 – 10,000
School kids (Rupees) Nil Nil 3,000 – 12,000

 

What is Bangalore’s average cost of living?

Know the Living cost in Bangalore for students

The city has a wide variety of accommodation choices, from rental apartments to paying guest (PG) establishments. Here is the detail for the living expenses in Bangalore for bachelor or a student:

Living cost in Bangalore for students

Apartment (1 BHK) Rs 12,000- 19,000
Food, transport, and Utility bills Food- Rs 4000, Transport- Rs 3000, Utility- Rs 1500
Lifestyle Rs 5000
Living expenses in Bangalore for family

Bangalore’s cost of living can also differ from family to families based on a range of criteria, including lifestyle, food, transportation, healthcare, and education. A family of four people will have a budget between Rs 50,000 and Rs 70,000 a month for necessities including groceries, rent, and transportation.

Living expenses in Bangalore for family

Apartment Rent
2BHK Rs 15,000-26,000
3BHK Rs 45,000-70,000
Food, transport, and Utility bills Rs 6000, Transport-7000-10,000, Utility-5000
Living Cost in Bangalore for Couples

In the city, there are only a few residential units that are reasonably priced between Rs 15,000 and Rs 20,000 a month. A couple can keep their domestic expenses to about Rs 35,000, including travel and everyday needs.

living cost of bangalore for couples

1BHK Rs 19,000-21,000
Food, transport, and Utility bills Food- Rs 5000-7000, Transport- 2000-3000, Utility- Rs 3000
Lifestyle  Rs 12,000

 Comparison between the Cost of living in Bangalore and other cities in India

  • Cost Of Living- Gurgaon vs Bangalore cost of living

In Gurgaon’s city, a 1-bedroom flat typically costs between Rs 25,000 and Rs 45,000 per month. In addition, Gurgaon’s reputation as a business and industrial center drives up the cost of dining, entertainment, and transportation.

Bangalore has comparatively lower housing prices. The typical monthly rent for a one-bedroom flat in the city is between Rs 15,000 and Rs 30,000.

  • Costs of Rental Property

In general, Gurgaon’s rental property market is more costly than Bangalore’s. A one-bedroom apartment in Gurgaon costs, on average, between INR 25,000 and INR 45,000 a month, whereas in Bangalore, the same property would cost between INR 15,000 and INR 30,000. This is because Gurgaon is an industrial and corporate center.

  • Transportation Costs 

The transportation expenses in Gurgaon is considerably higher. Since Gurgaon’s public transportation system is still developing, a large number of its citizens rely on their own cars or ride-sharing services. So, higher monthly transportation costs may arise from this. Bangalore, on the other hand, has a highly developed public transportation system that is reasonably priced for everyday travel.

  •  Cost of utilities 

Due to variables like climate and usage habits, the cost of utilities can vary in both Gurgaon and Bangalore. A 2-bedroom apartment in Gurgaon typically has a monthly utility expenditure of between Rs 3,000 and Rs 5,000. In contrast, the comparable range in Bangalore will be approximately between Rs 2,000-  Rs 4,000.

  • Food & Groceries Cost

Also, Gurgaon vs Bangalore’s cost of living differs depending on several factors. Gurgaon frequently suffers somewhat higher food prices. In Gurgaon, a household of four would typically spend between INR 5,000 and INR 7,000 on groceries each month. In Bangalore, this price ranges from Rs 4,000- 6,000, which is comparatively less.

Cost of living in Bangalore vs Delhi

  • Cost of living- Delhi vs Bangalore cost of living

The cost of living is typically higher in Delhi than it is in Bangalore. There are several reasons for this increased expense of living, including housing, food, transportation, healthcare, and entertainment.

Delhi vs Bangalore cost of living

A 1-BHK apartment in Delhi costs approximately ₹20,000–₹30,000 per month, while in Bangalore, it costs approximately ₹18,000–₹35,000. So, the average living cost in Bangalore will depend on the salary or payment of the individuals.

  • Cost Of Rental Properties

Rental prices in Delhi are typically higher than those in Bangalore. For example, the monthly rent for a 1BHK in Delhi goes from Rs 25,000 – Rs 40,000. In contrast, the average monthly rental price of a 1BHK home in Bangalore city is between Rs 15,000 and Rs 30,000. Additionally, the location, kind of property, and amenities offered all affect the rental costs of the property.

  • Cost Of Transport 

In terms of transportation expenses, Delhi is often less expensive than Bangalore. Delhi has a well-developed public transportation system that includes both buses and the metro. Bus fares start at Rs 10– Rs 15, and metro fares range from Rs 10–60. One of the biggest metro systems in the nation is the Delhi metro, which finally lowers overall costs. On the other hand, Bangalore’s public transportation system, although vast, may be a little more costly, with metro rates ranging from Rs 10- 50.

  • Cost Of  Utility 

In general, living expenses in Bangalore is less expensive than in Delhi, including water, power, and so on. A 2 BHK apartment in Bangalore pays between INR 1,500 and INR 2,500 per month for a basic utility package, while in Delhi, the same services could cost between Rs 2,000- 4,000 per month. Bangalore’s utility costs are therefore at least 35–40% higher than Delhi’s.

  • Cost of Food and Groceries

Depending on personal preferences and dietary choices, food and grocery cost of living in Delhi vs Bangalore varies. It is seen to be 21% more expensive than in Bangalore.

Cost of living Bangalore vs Chennai

Cost of living in Chennai vs Bangalore

  • Cost of living in Chennai vs Bangalore

Overall Chennai vs Bangalore’s cost of living differs greatly. In Bangalore, a 1 BHK apartment will be of Rs 11,000 monthly rental whereas in Chennai, it will cost you Rs 9000.

  • Cost of Transportation

Extensive public transport networks in Chennai and Bangalore offer commuters a variety of ways to travel. Chennai has slightly more affordable options than Bangalore when it comes to cost. For example, one-way metro tickets in Chennai and Bangalore cost Rs. 20 and Rs. 30, respectively, and monthly commuting plans cost Rs. 1,000 and Rs. 1,500.

  • Cost of Utility 

The average monthly cost of living in Bangalore is roughly Rs. 15000, which includes utilities like electricity, water, garbage collection, and groceries as well as internet bills and other essentials. In Chennai, on the other hand, average monthly utility costs are between Rs. 1500 and Rs. 2500.

  • Cost of transportation

In Bangalore and Chennai, commuting is easy because of vast transportation options. Bangalore has Rs. 1200 charge for a regular monthly bus pass and Rs. 2500- 3000 for an AC bus, whereas Chennai Metro Rail charges Rs. 2500- Rs 2700 for a monthly pass.

Conclusion

It is essential to comprehend the cost of living and monthly expenses in Bangalore before you relocate. From this, it is clear that Bangalore is more affordable than many other top tier cities in various aspects. So, if you are shifting to Bangalore then this guide about the cost of living in Bangalore will help you.

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