Cost of Living in Bangalore for Students, Families, And Couples

Just as fast as Bangalore made its reputation as the “Silicon Valley of India”, with that blazing speed, it has increased its living standards too. People outside the city get curious about the cost of living in Bangalore when it comes to shifting from their city. The demographic generally ranges from college students to job seekers, but sometimes families shift with them, too, for better living standards. You know what I mean? Less pollution and better living with good communities.  

In this blog, we will decode the cost of living for students, couples, working professionals, and including the ones with families. 

Cost of living in Bangalore for Students and Bachelors

The cost of living for students/bachelors in Bangalore depends totally on the lifestyle they are willing to live. An approximate calculation is given below-

• PG accommodation- If taken from a reliable housing platform like Stanza Living- 7,000/- INR to 25,000/- INR per month (this rate- individual basis on share; also includes food, laundry, and other amenities)
• College tuition fee- depends on the college management. Private colleges can ask for 50,000/- INR to 2,50,000/- INR per year or more. Government institutions ask much lower than this.
• Transportation- monthly transportation can vary between 1000/- INR to 2,500/- INR (if availed public transport).
• Miscellaneous Costs- 2,000/- INR to 4000/- INR (this includes parties, stationery, etc)

Cost of living in Bangalore for Family

Well, “family” can be of many types, depending on the number of people in it. But to give you an idea about the living cost in Bangalore for a family of four- one child in school, a husband and his wife, and one elderly living with them. The cost estimates are given below-

Category	Cost Range (INR) per month
Rental apartment from a genuine housing platform like Stanza Living with food, laundry, housekeeping, etc. (2 BHK)	20,000/- to 40,000/-
Schooling of one child	6,000/- to 15,500/-
Vehicle EMI+Fuel+Maint. (if any)	17,000/- to 33,000/-
Public Transportation	2,000/- to 4,000/-
Groceries & Food	10,500/- to 16,500/- (if not included in the rental apartment amenities)
Laundry, Washing and Housekeeping	5,000/- to 7,000/- (if not included in the rental apartment amenities)
Elderly Care	2,000/- to 10,000/- like health insurance etc
Miscellaneous	5,000/- to 10,000/- (includes entertainment and other shopping)

Cost of living in Bangalore for Working Couples

The cost of living in Bangalore for working couples depends on the lifestyle, location, and spending habits. Here’s a breakdown of the significant expenses-

Category	Cost Range (INR) per month
Rent- a standard 1 BHK or 2 BHK apartment from reliable housing platforms like Stanza Living (prime locations- Koramangala, Whitefield, Indiranagar). Most of them include- meals, housekeeping, etc.	11,000/- to 35,000/-
Public Transportation (BMTC Bus/Metro)	2,000/- to 3,000/-
Cab/ Auto	2,000/- to 5,000/-
Groceries (if not included in the rent)	6,000/- to 10,000/-
Entertainment & Shopping	6,000/- to 15,000/-
Miscellaneous	4, 000/- to 6,000/-

Cost of living in Bangalore: What factors should you keep in mind?

There are some prominent factors that you should keep in mind before moving to Bangalore when calculating your monthly budget. They are-

• Choosing a PG on rent that gives you the best return on investment (location, accommodation space, and exceptional amenities)
• Transportation- if it’s work from home, then internal resources (like electricity, etc) will be calculated otherwise public transport costs will be included. (a personal car takes an extra pinch).
• Groceries and Household- If meals and housekeeping are covered by the rental apartment, then well and good, otherwise, a certain sum of money is to be allocated. Also, check the rental agreement regarding the electricity bill.
• Dining and Lifestyle Choices- entertainment like movies, dining, and parties are fine, but don’t overdo them in Bangalore. They don’t come cheap in the city. 
• Healthcare and Medical Expenses. 

Average accommodation Expenses in Bangalore City

The average accommodation expenses in Bangalore city depend on the type of space you are selecting and according to the location. Prices go high in renowned localities while for suburban regions they go low. Normally, the overall range lies between 10,000/- INR and 35,000 INR per month for 2 to 3 BHK. 

Average Food and Groceries Expenses in Bangalore

For a single person, the average cost of food and groceries lies between 4,000/-to 6,000/- per month. If you are considering eating out/ordering food often, then an extra 3,000/- to 5,000/-. If you are a bachelor, the best alternative would be to go for a PG hostel, listed by a renowned platform like Stanza Living,  which offers delicious daily meals. 

Best Affordable Living Options in Bangalore

The best affordable living option in Bangalore normally lies in the suburban localities like Yelahanka, Hebbal, etc. Otherwise, you can try the Stanza Living platform, which is known to provide standard PG for rent within an affordable budget. 

Conclusion

Migrating from one city to another is not only hard but also tricky. People migrating from tier II and III cities to Bangalore should be more careful with their monthly expenses. The rest of the factors will sort themselves out automatically when the budget is maintained because Bangalore never fails to give its residents a beautiful living experience. 

FAQs

Is Bangalore safe for living?

Depends on the location of your home or rental apartment. Normally, it is safer than neighbouring regions in Karnataka. 

What are some of the affordable areas in Bangalore?

Some affordable areas in Bangalore are Yelahanka, Bannerghatta Road, and Hebbal. You will find the best rental PG accommodations in these locations through reliable housing platforms like Stanza Living.

What salary is needed to live comfortably in Bangalore?

The word “comfortable” has many perspectives varying among the diverse demographics in India. But a rough estimate- to live a fun-filled life, for a single person in Bangalore, one needs to earn as good as 7 LPA to 10 LPA. 

What is the average cost of living for a single person in Bangalore?

The average cost of living in Bangalore for a single person depends on the quality of lifestyle he/she practices. Living as a middle-class person will cost around 25,000/- to 35,000/- per month, the bare minimum. It can go as high as 70,000/- per month if spent lavishly. 

Is public transportation affordable in Bangalore?

Seamless public transportation is available in Bangalore, which is backed by

• Metro Stations- Namma, Kempegowda, Lalbagh, Vijayanagar etc.
• Auto Stands
• Bus Stands- Kempegowda, Shanthi Naga, BMTC etc.
• Railway Stations- Bangalore Cantonment, Yeshwanthpur Junction

What is the cost of living for a family of four in Bangalore?

The cost of living for a family of four in Bangalore depends on the type of lifestyle one is leading. But according to the middle-class standards, a family of four in Bangalore will seek around 50,000/- to 1,00,000/- per month (this is approximated and all incl.)