• 13 June 2024

Cost of Living in Top Cities in India

Sep 9, 2023

According to the index decided by the Government of India every year the cities and their rank order are decided. The Cost of Living in Top Cities in India is based on different aspects. This varies across India because was different factors which include the salary of the employee per head, rentals in the metropolitan city, land cost, restaurant cost, goods cost, etc. The Cost of Living in Top cities in India is decided by the end of the year keeping various aforementioned factors in mind.

Here we will understand these factors and will understand and analyze the rank of the cities according to their living cost.

Cost of Living
Cost of Living in top cities in India

Cost of Living in Top Cities in India

It is mandatory to understand the average expense of the city if you are planning to shift to big cities in Bharat. Here in this article, our readers can easily find out the distribution of the expenses in tabular form. The tales are distributed among different categories like restaurants, per-head distribution, transportation, etc. This will help our valuable readers analyze and decide which city will suit them in all aspects whether it is financial or any other. Read further and stay on this page till the end.

CityAverage Expenses (per month)
Mumbai₹45,000
Delhi-NCR (Gurgaon, Noida, Delhi)₹35,000
Bengaluru₹40,000
Hyderabad₹30,000
Chennai₹30,000
Pune₹25,000
Kolkata₹25,000
Ahmedabad₹20,000
Jaipur₹20,000
Lucknow₹18,000

Mumbai

Mumbai, the financial capital of India, tops the list with an average cost of living of ₹45,000 per month. The city is known for its high living expenses due to expensive housing and dining options.

Delhi-NCR (National Region)

Delhi-NCR, encompassing Delhi, Gurugram, Noida, Faridabad, and Ghaziabad, follows closely with an average expenditure of ₹35,000 per month. It offers a range of living options, from moderate to high, with diverse dining choices.

Bangalore (Bengaluru)

Bengaluru, the tech hub of India, comes next with an average charge of ₹40,000 per month. Housing costs have been rising due to the presence of the technology industry, but dining out remains relatively affordable.

Hyderabad

Hyderabad offers a moderate price of ₹30,000 per month. It provides a mix of local and international cuisine options and has a developing metro system.

Chennai

Chennai maintains a moderate cost of residence, averaging ₹30,000 per month. It is known for its affordable living, a variety of South Indian cuisine options, and an efficient public transport system.

Pune

Pune’s cost of occupancy is moderate, with an average of ₹25,000 per month. It offers various dining choices and is supported by a growing public transportation network.

Kolkata

Kolkata is known for its affordable living costs, averaging ₹25,000 per month. Dining out is affordable, and the city boasts an extensive tram network and public transportation options.

Ahmedabad

Ahmedabad provides a low to moderate cost of living at ₹20,000 per month. It offers diverse dining options and is supported by a growing public transport system.

Jaipur

Jaipur’s cost of living is moderate, averaging ₹20,000 per month. Dining out is generally affordable, with a focus on traditional Rajasthani cuisine, and the city has a developing public transportation network.

Lucknow

Lucknow offers a low to moderate cost of living at ₹18,000 per month. Housing costs are relatively lower compared to major metro cities, and dining out is affordable, with a mix of North Indian cuisine. The city has a growing public transport system.

Who decides the cost of living?

The cost of living in top cities in India is typically determined by various sources, including government agencies, private research organizations, and financial institutions. Here’s a breakdown of who may be involved in deciding the cost of living:

Government of India

The government may conduct periodic studies and surveys to assess the cost of living in different cities across the country. These studies are often used to make policy decisions and adjustments, especially related to minimum wages and allowances for government employees.

Statistical Agencies

Government statistical agencies, such as the Central Statistics Office (CSO) in India, may collect and analyze data on various factors affecting the cost of residency, including inflation rates, housing costs, food prices, and more.

Private Research Organizations

Many private research organizations and consulting firms conduct comprehensive cost-of-living surveys. These surveys collect data on a basket of goods and services, housing costs, transportation, and more. These organizations often publish reports and indices that provide insights into the price of living in different cities.

Financial Institutions

Banks, financial institutions, and insurance companies may also calculate and use the cost of residency indices to determine factors like insurance premiums, loans, and financial planning.

International Organizations

Some international organizations, such as Mercer and The Economist Intelligence Unit (EIU), also conduct global outlay of living surveys. While these organizations focus on a global perspective, their reports often include data on cities in India as well.

Academic Research

Academic institutions and researchers may also conduct studies on the cost of living in specific regions or cities as part of their research projects.

The cost of living is a complex metric that takes into account various factors, including housing, food, transportation, healthcare, education, and more. As a result, multiple entities may be involved in collecting and analyzing data to determine the cost of living in different cities in India. The specific methodology and sources used may vary between organizations and government bodies.

Breakdown By Expenses

This table explains the breakdown of the cost of living of the top 10 cities according to the average cost that is utilized in different aspects. These include preventing, restaurants, transportation, groceries, etc.

Distribution Based on Rentals

City Rent (1-Bedroom, City Center)
Mumbai ₹30,000 – ₹50,000
Delhi-NCR (National Region) ₹20,000 – ₹40,000
Bangalore (Bengaluru) ₹15,000 – ₹30,000
Hyderabad ₹12,000 – ₹25,000
Chennai ₹12,000 – ₹25,000
Pune ₹10,000 – ₹20,000
Kolkata ₹10,000 – ₹20,000
Ahmedabad ₹8,000 – ₹15,000
Jaipur ₹7,000 – ₹12,000
Lucknow ₹6,000 – ₹10,000

Distribution Based on Restaurants (Additional Expenditure)

City Meal at Mid-Range Restaurant
Mumbai ₹500 – ₹1,000
Delhi-NCR (National Region) ₹400 – ₹800
Bangalore (Bengaluru) ₹300 – ₹800
Hyderabad ₹300 – ₹700
Chennai ₹300 – ₹700
Pune ₹300 – ₹700
Kolkata ₹300 – ₹700
Ahmedabad ₹200 – ₹500
Jaipur ₹200 – ₹500
Lucknow ₹200 – ₹500

Distribution Based on Transportation

City Monthly Transportation Pass
Mumbai ₹1,000 – ₹2,000
Delhi-NCR (National Region) ₹800 – ₹1,500
Bangalore (Bengaluru) ₹800 – ₹1,500
Hyderabad ₹800 – ₹1,200
Chennai ₹800 – ₹1,200
Pune ₹800 – ₹1,200
Kolkata ₹800 – ₹1,200
Ahmedabad ₹500 – ₹1,000
Jaipur ₹500 – ₹1,000
Lucknow ₹400 – ₹800

Distribution Based on Per-Head Expense

City Groceries (Single Person)
Mumbai ₹3,000 – ₹5,000
Delhi-NCR (National Region) ₹2,500 – ₹4,500
Bangalore (Bengaluru) ₹2,500 – ₹4,500
Hyderabad ₹2,000 – ₹4,000
Chennai ₹2,000 – ₹4,000
Pune ₹2,000 – ₹4,000
Kolkata ₹2,000 – ₹4,000
Ahmedabad ₹1,500 – ₹3,000
Jaipur ₹1,500 – ₹3,000
Lucknow ₹1,500 – ₹2,500

Cost of Living Based on Salary

CityAverage Annual Salary (in INR)
Mumbai₹6-10 lakhs or more
Delhi-NCR (National Region)₹5-8 lakhs
Bangalore (Bengaluru)₹5-7 lakhs or more
Hyderabad₹4-6 lakhs
Pune₹4-6 lakhs
Chennai₹4-6 lakhs
Ahmedabad₹3-5 lakhs
Kolkata₹3-5 lakhs
Jaipur₹2-4 lakhs
Lucknow₹2-4 lakhs

Important Links

To Read MoreOfficial Website
Also Read AboutElectric cars in India
2 thoughts on “Cost of Living in Top Cities in India”

Leave a Reply

Your email address will not be published. Required fields are marked *