November 03, 2020

Cost of Living in Pune

The cost of living in Pune depends on various aspects, which can be the location that you are living in, for what purpose you are living whether you are in Pune for a job or for your studies. It also depends on whether you are moving with your family or alone.

What is the Cost of Living in Pune?

Expenses

Cost

1 BHK for rent

₹8,000 – ₹17,500

2BHK for rent

₹17,500 -₹25,000

Monthly bus pass

₹600 -₹1,800

Electricity Bill

₹2,000

WiFi

₹300 -₹1,000

Meal for two

₹1,000

Groceries (Monthly)

₹350

Housemaid

₹1,500 – ₹2,000

Factors Determining the Cost of Living in Pune

List of various aspects that decide the cost of living in Pune:

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Accommodation Cost in Pune

Your accommodation’s rent is going to gobble up a large chunk of your budget every month. How big you want the chunk to be will decide where you live – a 3bhk in a posh colony or a shared room in a PG in Pune. The average rentals for various kinds of accommodations are given below, but let’s just say that if you can spare ₹6,500 per month, you’ll find a place to stay in this city.

Apartment Rentals in Pune

Price range

1BHK

₹8,000 – ₹17,500

2BHK

₹17,500 -₹25,000

3BHK

₹25,000 -₹60,000

PG (Paying Guest)

₹6,500 – ₹15,000

Transport Cost in Pune

When it comes to Public Transport, the city of Pune still has some distance to cover. Literally. As of now, most parts of the city are not covered by adequate public transport infrastructure. Unless you live close to your office or college, you’ll have to depend on the buses or a monthly train pass that can cost anywhere between ₹600 to ₹1800.

But yes, this city does lag behind in transport.

Utilities Cost in Pune

The very basic necessities like water, electricity, garbage, and more will not cost you more than ₹2,000 in a bare apartment. The not-so-basic – but still equally necessary – utilities like a good mobile connection and wifi will cost on an average ₹300 and ₹1000 respectively. That brings your grand total for a month to just ₹3,300.

From necessities, let’s move on to some comforts.

Leisure & Entertainment Cost in Pune

A satisfying meal for two people at an average restaurant in Pune will cost you about ₹1,000. Of course, there are smaller joints where you can get a ₹250 meal. And then there are five-star restaurants were just reading the prices might kill your appetite. Either way, it can be said that going out once in a while for a meal won’t be out of your budget in Pune.

Cost of Groceries in Pune

Because it’s not just good for your financial health, but your physical health as well. For a grocery haul of 1kg onions, potatoes, and tomatoes, plus wheat flour, milk, bread and eggs, and some typical vegetables, you would have to pay about ₹350. Unless you eat like a hippopotamus, your monthly bill will be well within your budget.

If you don’t like spending time turning those groceries into food, you can hire part-time help for ₹1,500 to ₹2,000.

If you sum it all up, Pune turns out to be quite affordable, doesn’t it? It’s not dirt cheap, but you get great value for every rupee spent.

So even if the cost of living is not ‘shunya’, your bank account at the end of the month won’t be either.

Childcare Cost in Pune

One of the best things about living in Pune if you are moving with your family, are the opportunities you’ll be giving your kids. But to calculate the cost of child care in Pune, we need to understand what kind of training and schooling you want to provide. The minimum expenditure that you would do for your child’s pre-school study will start from Rs 2,500 up to Rs 8,500 per month. The primary school will range from Rs.7000 up to Rs.10000 per month. But if you are going for schools with international standards they might cost you around Rs.60,000 and Rs.2 Lakh per year.

Checkout the Cost of living in Other cities

Best Cities to Live and Work in India

Cost of Living in Delhi

Cost of Living in Chennai

Cost of Living in Hyderabad

Cost of Living in Ahmedabad

Cost of Living in Bangalore

FAQs on the Cost of Living in Pune

Is Pune an Expensive City to Live in for a Bachelor?

The cost of living in Pune for a bachelor can be really high if you are living alone. But if you can find shared accommodation or coliving spaces, the burden of cost will feel much lesser. Here is the list of affordable living spaces available in Pune:

Is There a Minimum Rent that I have to pay?

In a city as vast as Pune, there will be living options for every pocket. While the costs above are average, you’ll find living spaces that are far cheaper and far more expensive. There is no real minimum cost, as long as you’re flexible.

What is the Cost of Living in Pune for Students?

The cost of living in Pune for students depends on your accommodation which is around ₹6,500 – ₹15,000 then there is the cost of transportation and food.

What are Factors that Determine the Cost of Living in Pune for a Family?

If you are moving to Pune with your family, the cost of accommodation in Pune is somewhere near ₹20k a month.

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