Cost of living in Hyderabad 2024-2025: Detailed list of expenses
Hyderabad has been a popular destination for technology as a result of many IT companies establishing their headquarters there. This city is also a major center for skilled workers in different sectors. The city has a variety of residential options for bachelors, couples, and families. Are you planning to move to Hyderabad? If yes then you should be aware of the Hyderabad cost of living as it will help you decide a lot of things and plan your monthly budget accordingly.
Let’s see this blog to know the Hyderabad cost of living, utility bills, transportation, and other insightful information.
Factors Affecting Living Costs in Hyderabad
People relocating to Hyderabad always think about the average cost of living in Hyderabad. As per many reports, Hyderabad is more affordable when compared to other major Indian cities. The city’s real estate values are constantly rising, and its infrastructure is also developing on an international scale.
The cost of living in this historic city is influenced by the following factors. The growing development of the pharmaceutical, financial, and information technology (IT) sectors is also changing the city.
In addition, the following factors affect the cost of living:
Accommodations
Accommodation is one of the most fundamental, and significant elements affecting living expenses in Hyderabad. The rental costs of flats, apartments, and villas in Hyderabad will vary depending on various factors.
Real Estate
Hyderabad is experiencing an increase in the number of job seekers due to the growth of the pharmaceutical, financial, and technical industries in the city.
Food and groceries
Family size and eating habits will determine how much food and groceries cost you. The cost could range from Rs 3000 to Rs 5000, depending on your lifestyle and requirements.
Broadband, electricity, and other utilities
The cost of maintaining the residence includes several other expenses in addition to the rent, such as waste disposal, water, Wi-Fi, electricity, and much more.
Transportation
The public transport system in Hyderabad is very good; in particular, the bus services are very dependable.
Accommodation in Hyderabad- Living Expenses in Hyderabad
One of the factors that requires a huge part of your budget while relocating to a new city is accommodation. It’s vital to get the ideal accommodation that fits your needs both financially and lifestyle-wise. While looking for a place to live might be a laborious task, with a little study you can find a suitable residential option. One easy way to figure out how much money you’ll need for your accommodation is to budget one-third of your total income.
The living expenses in Hyderabad are determined by the location you select. You can find good accommodation possibilities ranging from Rs. 3,500 to Rs. 7,000 if you’re looking for decent accommodation for bachelors in Himayat Nagar, Uppal, LB Nagar, and Ameerpet. In these locations, the cost of a 1 BHK flat is approximately Rs. 5,000–8,000, and the cost of a 2 BHK flat is Rs. 7,500–Rs. 15,000.
| Description | Bachelors (Rupees) | Couples (Rupees) | Families(Rupees) |
| Accommodation | 4,000 – 9,500 | 12,000 – 28,000 | 12,000 – 38,000 |
| Groceries | 1,000 – 2,500 | 2,000 – 5,500 | 2,500 – 11,000 |
| Transport | 1,000 – 2,000 | 1,500 – 3,500 | 1,500 – 4,000 |
| Utilities | 1,200 – 2,500 | 2,000 – 3,500 | 2,000 – 3,500 |
Living cost in Hyderabad for students and bachelors
The living expenses in Hyderabad for a bachelor can range anywhere from Rs 6,000 to Rs 8,000. So if someone decides to rent a 1BHK apartment, they will be required to pay between Rs 8,000 and Rs 14,000 a month. Choosing well-established city areas with reasonable monthly expenses in Hyderabad ranges from Rs 12,000 to Rs 20,000 for bachelors.
Cost of living in Hyderabad for Families
The cost of living in Hyderabad for families can be higher compared to the bachelor’s. The average living cost in Hyderabad for families will depend on several factors including grocery, utility bills and transportation. This is owing to the additional costs incurred for education for kids, food, traveling, and medical expenses. A family in Hyderabad might require around Rs 30,000 to Rs 50,000 per month for their expenses.
Depending on their lifestyle, a family can live happily in several Hyderabad areas for just Rs 25,000. The monthly rent for a 2BHK apartment will be approximately Rs 15,000 if you choose a decent location. Apart from transportation expenditures of above Rs 3,000, there are additional charges like domestic help and utility bills to pay, which can total around Rs 5,000.
Cost of living in Hyderabad for couples
A 1BHK apartment with a monthly rent of Rs 8,000- Rs 10,000 approximately will be enough for a couple. In addition, a couple will have to pay for additional costs such as cooking gas, electricity, the Internet, garbage disposal, cleaning supplies, and more. These costs are manageable under Rs 10,000. Couples may easily afford to pay roughly Rs 2,000 for transportation.
Also, Hyderabad provides the most affordable living cost in Hyderabad for students. Thus, to live a good life, make sure you are selecting the right residential options in Hyderabad.
Difference in cost of living in different cities
Chennai vs Hyderabad cost of living
When comparing Chennai with Hyderabad’s costs of living, Hyderabad is less expensive in terms of housing, transportation, groceries, and utilities. This city is also more affordable than Chennai in terms of renting flats. The rent for a 1-bedroom apartment in Chennai starts at Rs 25,000, but in Hyderabad, it’s comparatively less and ranges from Rs 12000- 35,000.
| Hyderabad | Chennai | |
| Accommodation (1BHK Rent) | Rs 12,000 – 38,000 | Rs 25,000 – 40,000 |
| Transport | Rs 2,000 (bachelors) | Rs 3,000 (bachelors) |
| Groceries | Rs 3,500 – 6,000 | Rs 4,000 – 7,000 |
| Utilities | Rs 1,500 – 3,000 | Rs 2,000 – 4,000 |
Hyderabad vs Pune Cost of Living
Pune and Hyderabad are the two largest cities for the IT industry. Rent and basic utilities cost the Hyderabad residents, on average, ₹11, 000–₹38, 000 and ₹3000 and respectively. Rent and essential amenities cost Pune residents between ₹9,000 to ₹50,000, respectively.
| Hyderabad | Pune | |
| Accommodation (1BHK Rent) | Rs 12,000 – 38,000 | Rs 9,000 – 50,000 |
| Transport | Rs 2,000 (bachelors) | Rs 3,000 (bachelors) |
| Groceries | Rs 3,500 – 6,000 | Rs 4,000 – 7,000 |
| Utilities | Rs 1,500 – 3,000 | Rs 1,500 – 4,000 |
Hyderabad vs Bangalore cost of living
India’s two largest cities, Bangalore and Hyderabad, each have their distinct histories, cultures, and attractions. Both cities have a reputation for being energetic, multicultural places to live and for having booming technological businesses. The cost of living in many major cities is approximately three to four times greater than those in Hyderabad.
The average cost of accommodation in Hyderabad ranges from Rs 12,000- 38,000 whereas in Bangalore it starts from 15,000- 40,000. Also, Hyderabad transportation cost will be within 2000 for bachelors but in Bangalore it ranges from 6000-7000.
| Hyderabad | Bangalore | |
| Accommodation (1BHK Rent) | Rs 12,000 – 38,000 | Rs 15,000 – 40,000 |
| Transport | Rs 2,000 (bachelors) | Rs 6,000 – 7,000 (bachelors) |
| Groceries | Rs 3,500 – 6,000 | Rs 4,000 – 8,000 |
| Utilities | Rs 1,500 – 3,000 | Rs 2,500 – 5,000 |
Conclusion
Hyderabad has comparatively cheap housing, food, and transportation costs when compared to other large Indian cities. However, several variables might affect how much it costs to live. The city is a leading tier 1 city with strong IT and housing demand. With this detailed guide on the cost of living and monthly expenses in Hyderabad, people living here can plan their budget. For a family, Rs. 30,000- Rs. 50,000 is enough to live in Hyderabad.
