Cost of Living in Bangalore
The cost of living in Bangalore is dependent on various aspects. But the major role is played by the kind of lifestyle you want to persevere in Bangalore. Because Bangalore is a whirlwind of malls, pubs, dance floors, and luxurious apartments, and affordable pg accommodation. But, before you get ahead of yourself, let’s look at what this life is going to do in your wallet. Because whether you’re in Bangalore by yourself, as a couple, or with a family, everything has a price.
What is the Cost of Living in Bangalore?
|
Expenses |
Cost |
|
1 BHK for rent |
Rs. 11,000/- to Rs. 18,000/- |
|
2BHK for rent |
Rs. 12,000/- to Rs. 25,000/- |
|
Monthly bus pass |
₹1000 – Rs. 1500 |
|
Electricity Bill |
₹2,000 |
|
WiFi |
₹300 -₹1,000 |
|
Meal for two |
₹1,000 |
|
Groceries (Monthly) |
₹1,000 |
|
Housemaid |
₹1,500 – ₹2,000 |
Factors Determining the Cost of Living in Bangalore
List of various aspects that decide the cost of living in Bangalore:
|
Have recently shifted to Bangalore and want a cozy place to live? Check out Stanza Living’s fully furnished PGs in Bangalore and make your stay a breeze. |
Accommodation
Where you live says a lot about you. After all, your address is sometimes all you have in the microsecond it takes to make an impression. On the other hand, home is also where the heart is. And Bengaluru gives your heart lots of options.
Renting in the heart of Bengaluru ranges from Rs. 18,000 for a 1BHK to Rs. 44,000 for a 3BHK. Away from the city center, the prices drop to Rs. 11,000 for a 1BHK to Rs. 27,000 for a 3BHK. At the same time, various PG accommodation options cut through the clutter by breaking price classifications for a particular area and providing affordable living in the very best addresses. PG in Bengaluru starts at Rs. 6000 and go up to Rs. 20,000 and cover everywhere from PG in Koramangala to PG near Hosur Road.
|
Rentals in Bangalore |
Price Range |
|
1BHK |
Rs. 11,000/- to Rs. 18,000/- |
|
2BHK |
Rs. 12,000/- to Rs. 25,000/- |
|
3BHK |
Rs. 27,000/- to Rs. 44,000/- |
|
Paying Guest (PG) |
Rs. 6000/- to Rs. 20,000/- |
Transport
Point A is where you live. Point B is where you work or study. In a city spaced across 709 square kilometres, knowing the cost of getting from Point A to Point B is vital. If you have your own transport the price of Diesel is around Rs. 77 while the cost of petrol is around Rs. 86. A one-way ticket in local transport is around Rs. 50 while a monthly pass costs around Rs. 1500. So while Bengaluru might not be the cheapest city to get around, it’s certainly not the most expensive.
Groceries
If you’re living in a coliving space, this isn’t really a consideration. But if you’re on your own, all your groceries are coming out of pocket. So, whether you’re on your own, a couple or with a family, knowing how deep your pocket needs to be would be nice. A basic grocery list of one litre of milk and one litre of water, a loaf of bread, a dozen eggs, one kilo each of rice, apples, oranges, potatoes, onions, and cheese will set your back around Rs. 1,000.
Utilities
You might have got a great house. But you still have to live in it. Depending on where you stay, utilities range from Rs. 1,100 to Rs. 3,700. At an average rate of Rs. 2,000 for electricity, heating, cooling, water and garbage, the only way to do better is to have everything taken care of in a coliving space.
Leisure & Entertainment
After a long day, you need to unwind. On average, a night on the town with a meal, a drink and a movie for two or want to
go for trekking near Bangalore all this will put you back about Rs. 2,000 per person without taxes. An early morning cappuccino comes for around Rs. 130. And the best time to get it would be after your workout at the local gym the membership of which, would be around Rs. 1,600 per month.
Childcare
When you’re shifting with kids, their care is obviously going to be a major consideration. Apart from schooling, daycare becomes a vital component to be considered depending on their age. In Bengaluru, a nanny can be hired at a starting salary of Rs. 8,000 per month. Preschool fees start at Rs. 8,300 per month and school fees start Rs. 10,000 per month.
And there you have it. A cost analysis of a happy life in Bengaluru. It isn’t the cheapest city to live in. Numbeo.com lists the average cost of a family of four at Rs. 93,000 without rent and of a single person at Rs. 26,000 without rent. The good news is that with a little circumspection and analysis, it won’t be the most expensive city to live in either.
Checkout the Cost of Living in Other cities of India
FAQs on Cost of Living in Bangalore
How Expensive is Bengaluru to Live in?
A family of four can live in Bengaluru for Rs. 93,000 according to Numbeo.com. That makes it more affordable than Delhi and Mumbai.
How much will a Nanny Cost in Bengaluru?
If you are working parents and also planned a baby, then a Nanny’s salaries start at Rs. 8000 per month.
How do I Save Money as a Single Person in Bengaluru?
The average cost of living in Bengaluru as a single person is Rs. 26,000 without rent. Therefore, the best way to save money is with affordable housing. And the most affordable housing is in co-living spaces that start at Rs. 6000. Costs go down even further in spaces that are curated as your utilities and basic food costs are also taken care of. You really couldn’t ask for a better way to cut down costs in Bengaluru.
