Cost of living in Dubai at a Glance: —Cost of living for a family of 4 people: ₹210,000 or AED 12000. If you’re going to live alone in the city, remember that the housing cost will be the largest part of your budget, it can cost you about Rs. Total Living Expenses in Mumbai Average cost; 1 person, per month (without rent) ₹23,706: 1 person, per year (without rent) ₹284,472: 4 person family, per month (without rent) ₹83,900: 4 person family, per year (without rent) ₹1,006,800 Family of four estimated monthly costs are 1,388.96$ (101,465.73₹) without rent (using our estimator). According to Mercer’s 2020 Cost of Living Survey, Mumbai is the most expensive city in the country for expats. – 35 INR, Butter (500 … You will find all price ranges for schools & accommodation in all cities. Transportation cost: If you travel in a private vehicle, you might need to spend on car fuel which could be anywhere between Rs 5,000 and Rs 6,000 per month, depending upon the distance you travel. Mumbai stood at 19th position in Asia and was ranked 60th, in the list of costliest cities in the world. Household cost: Since most of the facilities and amenities are included in co-living accommodations, you will not have to pay additional charges, such as maintenance, electricity or Wi-Fi bills. Your use of this service is subject to our For childcare services, you would have to spend on full-time daycare or nannies, if your child is in pre-school. Family of four estimated monthly costs: ₨154,960; Single person estimated monthly costs: ₨81,369; Mumbai is the most expensive city in India (1 out of 5) Cost of living in Mumbai is cheaper than in 63% of cities in Asia (10 out of 16) Related Information Cost of Living in Mumbai of Prepaid Mobile Tariff Local (No Discounts or Plans), Internet (60 Mbps or More, Unlimited Data, Cable/ADSL), Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child, International Primary School, Yearly for 1 Child, 1 Summer Dress in a Chain Store (Zara, H&M, ...), Price per Square Meter to Buy Apartment in City Centre, Price per Square Meter to Buy Apartment Outside of Centre, Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate, Family of four estimated monthly costs are, A single person estimated monthly costs are, The price of Eggs (regular) (12) in the year 2012 in Mumbai was 46.54₹. Phone plans are cheap, although data quality sucks. Bachelors (Sharing Basis): ₹20,000 – ₹25,000 Approx, Couples: ₹25,000 – ₹45,000 Approx and for Family (1Kid): ₹30,000 – ₹50,000 Approx You may need to shell out more, if you want to stay closer to the city. Cost of living index in Mumbai is 69.76% lower than in New York. Housing sales increase in Q2 FY2019, led by Mumbai, Pune and Chennai: Realty Decoded report. The below evaluation is on the basis of cost of owning/renting a home, commuting, cost of eating out, electricity bill, internet expenses, cost of schooling, car fuel and bare minimum cost of buying fruits and vegetables. According to the experts, Indian cities are emerging as strong contenders for expats, as business opportunities are improving. This will not exceed Rs 15,000, depending upon the housing society, number of appliances and other factors. Average rent and buying price: If you want to rent a 2BHK apartment in Mumbai, a little away from the city center or in the suburbs, you have to spend around Rs 40,000-50,000 per month. A single person estimated monthly costs are 343.36$ (25,075.26₹) without rent. The maximum chunk of your budget goes into paying rent. Schools fees in Dubai can average between AED 4,000 – AED 9,500 per month, depending on the grade your child is in. Firstly, Bangalore is known as India’s Silicon Valley. Summary of cost of living in India. to as high as Rs. Plus the demonetization has made it difficult to procure cash (still have limits on cash withdrawals), the real estate bill will also help stream line this sector which has largely remained unregulated for so long. Cost (INR) Estimated monthly living expenses for a 4-person family (excluding rent) 82284: Rent/month for 3 bedroom apartment outside of city centre (lower est.) An international primary school will cost you around Rs 1.5 lakhs – Rs 4 lakhs per year. If you use two vehicles, the transportation cost will include additional car parking charges, cleaning cost and car maintenance cost, along with fuel charges, which will add up to Rs 20,000 a month. A monthly pass would vary between Rs 300 and Rs 700, according to the comfort you seek (AC/Non-AC) and the distance you travel each day. Looking low cost apartments. You need to first decide on school as I think it is essential to keep the travelling time for children to a minimum and then find a suitable accommodation which is within reasonable travelling time and affordable. Cost of Living in Dubai Food costs: Summary of cost of living in Mumbai. The cost of living in Mumbai can differ for students, couples, families and bachelors, depending upon one’s spending habit, type of home ownership and commuting patterns. looking at these prices it not looks like it could add up that high? Mumbai provides you with various options ranging from as low as Rs. you are right about the black money part (as this also makes it difficult to buy with mortgage as banks will only lend based on the circle rate/ registration price). A monthly plan can cost as low as $5 and as high as $30—which is what it costs me. 1 room for couple. Mumbai Vs Chennai Living Comparison. The Cost of living in Mumbai compared to Bangalore shows that in Mumbai you would pay 30.30 USD (1,888 INR) more than the Bangalore same items. As per the data from our users average cost of living in Mumbai, India is expensive/cheaper than Chennai, India. 12,000- Rs. Anyway Mumbai is a expensive city. Cost of Living in Mumbai. We help you decide by comparing all the largest costs… Unsold inventory in Mumbai: How it affects home buyers. does not offer any such advice. Other Indian cities that featured in the list included New Delhi, Chennai, Bengaluru and Kolkata. EspañolCosto de Vida en Bombay (Mumbai), Copyright © 2009-2021 Numbeo. @anonymous - True but at the same time the rate of interest on deposits will be comparable to the rate of interest on mortgages. plus there is not concept of interest only mortgage in India. We no kill you for money. Clearly, expats in Mumbai seem to be older and more experienced. Cost of living index in Chennai is 73.75% lower than in New York . The buyers’ guide to investing in upcoming locations around metros. The rents vary according to the area of your choice. Cost of living in Mumbai for a family with children. The expatriate guide to living in Mumbai contains everything you need to know to plan your life, face what lies ahead and embrace life in what is arguably India’s fastest growing city. This can go up to Rs 8.5 lakh. Mumbai is 75% cheaper than New York City. Depending upon your lifestyle and standard of living, Mumbai can be one of the costliest cities, to live in India. Let us help you make an informed decision about what it will cost to live and work in the city of your dreams! Secondly, living like a … Impact of Coronavirus on Indian real estate, COVID-19: How to sanitise vegetables, milk packets, deliveries and more, Electricity bill (basic utility- electricity, cooling, heating) for an 850-sq ft apartment. No measure is 100% full proof but it is getting better. The average rent in Navi Mumbai for a one-bedroom apartment in the city centre is approximately $257 per month, and utilities cost around $34 a month. Terms of Use and The average salary is Rs 9 lakhs per annum, which may vary as per experience, role and organisation. If you wish to buy a 1BHK property in Mumbai, it will cost you around Rs 80 lakhs – Rs 1.5 crores, depending upon the location and quality of construction. The cost of living in Mumbai for a single person is dramatically more because of the lack of sharing. The rental yield on property though is very low in Mumbai, but the property prices are very steep. Family of four estimated monthly costs are 1,204.31$ (87,948.70₹) without rent (using our estimator). The absolute shittiest city in the country (bar none). India is very good country. If there's Andy things in that range let me know. Thane and Navi Mumbai are two distant suburbs of Mumbai where property prices are affordable but you would have to spend more on commuting. After my last Article Cost of Living in Mumbai - Part 1, here is a continuation.Buying a property is whole different ballgame.Mumbai is a costly city to buy a house of your own and the costs can be a real strain on the budget. No warranties, guarantees, promises and/or representations of any kind, express or implied, are given as to (a) the nature, standard, quality, reliability, accuracy or otherwise of the information and views provided in (and other contents of) the articles or (b) the suitability, applicability or otherwise of such information, views, or other contents for any person’s circumstances. Will real estate market sentiment improve once the COVID-19 vaccine rollout starts? So using Bangalore as a proxy for the cost of living in India would be like using San Francisco as a proxy for the cost of living in the US. Household cost: A household which includes a working couple and a child, will have expenses such as food, clothing, school fees, maid salary, maintenance charges and other lifestyle-related expenditure. Home » Property Trends » What is the cost of living in Mumbai? Monthly Maid Cost for a Family of 4: Rs.4400: Monthly Cook Cost for a Family of 4: Rs.4000: Monthly Dining Out Cost a Family of 4: Rs.2000 – Rs.8000: Monthly Rental Cost in Bangalore 2 BHK/3 BHK: Rs.15000 – Rs.65000: Monthly Electricity Cost ( Non AC and AC ) Rs.600 – Rs.4000: Monthly School Fees for 2 children: Rs.10,000 – Rs.32000: Total Monthly Costs for a Family of 4: Rs.34,000 – … Best country. Compare the cost of living in Mumbai and Bangalore and see how far your salary will go to maintain your standard of living. The land prices are high and so are the rental prices. Achhe din ahead for Navi Mumbai’s property market?. India is the cheapest country in Asia (9 out of 9) India is the 2nd cheapest country in the World (73 out of 74) Change the currency: The users should exercise due caution and/or seek independent advice before they make any decision or take any action on the basis of such information or other contents. Average rent and buying price: If you are looking to rent a 1BHK apartment in Mumbai, you may need to shell out Rs 30,000-60,000 per month, depending upon the property size, location, housing society, property type and amenities available. Very good, very good. Average Cost; 2BHK on rent ₹ 17,000: Cost of 2BHK ₹ 43.88 lacs: Local travel ( monthly pass for train) < ₹ 1,500: Electricity, Water, Garbage) for apartment ₹ 1,839: Cost of pre-school/ kindergarten ₹ 2,500-8,500: Maid (cook, clean) ₹ 6,000: Petrol ₹ 75.67: Cost of 1 meal in inexpensive restaurant (per person) ₹ 270: Lifestyle ₹ 10,000 you wont able to use is because the patrol is like 40Rs per lit.Everything is expensive if u can earn 30000rs per month then you can live there but you wont able to live in a posh area. If not already don't decide on the board (CBSE,ICSE,SSC...) and first sort out the school (admissions will be closed by end of March for most schools and will be currently underway), some good schools are lakshdam, podar intl, Bombay Scottish, orchid intl, kendriya vidhyalaya etc... 2 bhk cost in main mumbai like matunga/sion/santacruz andheri etc in 2016 was 20000 to 24000 rs rent/month..then you ill get a neat and clean flat to live..... plus deposit of 1 to 3 lacks , plus brokerage of minimum one month .............on very outer side of mumbai 8000 to 15000 rent plus 30000 to 60000 deposit(but then you will have to face crowed flood in trains to reach your office).........very costly place.......if you go for lower prices you get a single dirty room in dirty society that too rent 7000 to 13000 per uttar pradesh you can survive with 12000 income per month but you cant in mumbai...beware...before going to mumbai....think 100 times, Copyright © 2009-2021 Numbeo. —Living in Dubai is 128% more expensive than living in Delhi. Depending upon the industry and position, the average salary can vary as per the skills and location. To analyse the cost of living in Mumbai, we estimated various types of expenditure that a family has to bear to live in the city. 15,000 with a good amount of security deposit. Expenses for family in Mumbai is cheaper/expensive than Chennai, and for bachelor/students its affordable to Mumbai Vs Chennai. DeutschLebenshaltungskosten in Mumbai Household cost: The usual cost will include maintenance charges, cook/maid salary, electricity and Wi-Fi bill, etc. Depending upon the lifestyle, the average salary should be Rs 40,000 per month. Coffee costs: $0.91. We use the Consumer Price Index (CPI) and salary differentials of over 300+ US cities to give you a comparison of costs and salary. Thane and Navi Mumbai are two distant suburbs of Mumbai where property prices are affordable but you would have to spend more on commuting. Settle into the rhythms of this thriving city and you will soon be won over. Nearly 54 per cent of MMR housing supply priced below Rs 80 lakhs: Report. Should you buy a house now or wait for the Real Estate Regulation Act?. If you want to buy a 2BHK apartment in Mumbai in the western suburbs, you need to shell out at least Rs 2.5 crores. This may cost you around Rs 5,000-10,000 per month, depending upon the quality of the services. Mumbai is a very good place to live, eat and enjoy life. However, if you are opting for an independent living option, you may have to shell out Rs 5,000 per month extra, to meet the additional expenses. This could vary between Rs 25,000 and Rs 30,000, depending upon various factors. Below is the average monthly expenses cost including house rent for a minimum 1 BHK. See More. Breakdown of prices in Mumbai, India for housing, food, transportation, going out for January 2021. Cost of Housing in India In the most expensive neighborhood in India’s most expensive city of Mumbai, a furnished 900 square foot apartment costs about $987 per month. Summary about cost of living in Mumbai, India: Would you like to live and work in Mumbai? If in your city's living cost is 50% then mumbai … To give you a general idea, News compiles a detailed list of expenses that you may incur for various things, including food, commute, lodging, etc. The cost of living for expatriates in Mumbai as at October 2020 is low in comparison to other places in the world, with an overall Cost of Living Index (COLI), for all 13 basket groups, of 50.21 (New York =100). A family costs: $2,060 per month. I am currently in Delhi and moving to Mumbai in march 2017. cost of living in mumbai Mumbai is declared as the 2nds costliest Indian city to live by Times of India. If you give me 1 milion USD to live there for a year i would refuse. Miscellaneous Costs of Living in Mumbai. The Cost of Living in Mumbai is low. Mumbai is among the most expensive cities in Asia. Commuting - 1-2k depending on mode of transportation Going out - 1-1.5k everytimg you go out - ordering in is pretty cheap if you know the right restaurants Electricity - 2bhk shud cost 2 … shall not be liable in any manner (whether in law, contract, tort, by negligence, products liability or otherwise) for any losses, injury or damage (whether direct or indirect, special, incidental or consequential) suffered by such person as a result of anyone applying the information (or any other contents) in these articles or making any investment decision on the basis of such information (or any such contents), or otherwise. With food under Canadian $ 700.00. Broadband costs range from $30-$50. If you have your won convenes. I recommend honeymoon. A single person estimated monthly costs are 397.94$ (29,070.43₹) without rent. Cost of Living in India. You just need to type Bremen and Mumbai in our compare tool to find pertinent information in an easy to understand list format. Thanks, im not from Jessie but I agree rajaj your my brother we live together we rich. ItalianoCosto della Vita a Mumbai Bandra Bandstand is home to the rich and famous and the seaside adds to the beauty of the place. —The monthly cost of living for 1 person: ₹ 60,000 or 3500 AED. Milk (1 Ltr.) All views and/or recommendations are those of the concerned author personally and made purely for information purposes. I am listing down a few costs here below just to show you the living costs in Mumbai for Groceries…. Your use of this service is subject to our, Analysis of our Consumer Price Basket in Mumbai, Meal for 2 People, Mid-range Restaurant, Three-course, McMeal at McDonalds (or Equivalent Combo Meal), Buffalo Round (1kg) (or Equivalent Back Leg Red Meat), Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car), Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment, 1 min. You can get a loan from any bank for the same but the present interest rate is bit too high although you can get a tax benefit. According to LinkedIn, a social network for professionals, the average salary in Mumbai is Rs 4.4 lakh per annum. Rent depends on location - Keep arnd 8-15k depending on you want sharing room or want to keep the room for urself. Lifestyle cost: Depending upon how frequently you go out, the lifestyle cost may vary accordingly. Average rent and buying price: If you want to rent a 2BHK apartment in Mumbai, a little away from the city center or in the suburbs, you have to spend around Rs 40,000-50,000 per month. 30000-50000 in areas like South Mumbai, Juhu, etc. In future planing to come mubay . A single person costs: $918 per month. That concludes MyBayut’s guide to the cost of living … A single traveler costs: $1,179 per month. Single person estimated monthly costs: ₨48,028. Privacy Policy. In a city of over 20 million people, space is understandably at a premium in Mumbai. These articles, the information therein and their other contents are for information purposes only. The total cost of living is around $412 in Navi Mumbai. You will have to spend on parking charges as well, if your office or society does not have free parking. Rental Accommodation will burn the biggest hole in your pockets. I live on milk and dirt. It’s ridiculous how we brag about the private success of others just because we share the same passport, all the great achievements in tech and industry and we’ve the least attractive country in the world. As discussed earlier, the cost of school fees will add to the cost of living in Dubai for a family. There is some hope of reduction in black money use in real estate as the circle rates in most states has been revised to match the market rate, thus removing the incentive for registration at lower price. What is the cost of living in Mumbai for students, couple, family, bachelors? Home (Food and groceries) – A couple living in Mumbai could get a monthly bill of 10000 INR to 15000 INR per month on groceries alone. If you own one vehicle, the fuel cost will be around Rs 5,000 – Rs 6,000. FrançaisCoût de la Vie à Bombay @abhishek garg - I had a lot of help from online forums and relatives in Mumbai. Use's Cost of Living Calculator to easily compare the cost of living in your current location to the cost of living in a new location. : + + 27.9% Accomodation Cost PortuguêsCusto de Vida em Bombaim (Mumbai) For the working class, daily life in Mumbai is commonly played out in what are called chawls-- multi-level tenements with single small rooms, which usually accommodate a whole family, often with a shared bathroom for each floor.There's little privacy but the benefits are a strong sense of camaraderie and support. Transportation cost: Mumbai is well connected via the local train network and BEST buses. Family of four estimated monthly costs: ₨112,691. Will property prices crash in India due to the Coronavirus outbreak? Other costs will be around $189 including markets, transportation, restaurants, and sports and leisure for one-person. It is also an economic center for many Indians who come to … 45370: Total monthly cost of living estimated for a 4-person family: 127654 Keep reading to learn more about the cost of living in Bangalore, as well as India’s most expensive city, Mumbai. If you want to compare the cost of Living in Bremen VS Mumbai, please visit our page and find comprehensive information related to the prices of the groceries, taxi fare, hotel prices, and compare easily. What is the Cost of living in Mumbai? Nothing contained in the articles should be construed as business, legal, tax, accounting, investment or other advice or as an advertisement or promotion of any project or developer or locality. This city had 8938 entries in the past 12 months by 782 different contributors. For stu… Depending upon the standard of living, your average salary should be Rs 40,000 - Rs 60,000 per month. The best way to live in Mumbai within a budget is to share your accommodation. Monthly rent costs: $545 per month. So I’ll talk about other Indian cities too, to give you a better idea. someone can explain how a single person can need 364.25USD without rent. A movie ticket costs Rs 300 per person while eating out in a budget hotel may cost Rs 300 – Rs 500 per person. We try to gauge how much money you may require, to have a decent living experience in Mumbai, which is one of the costliest cities in India and the world, Cost of living in Mumbai for a family with children, cost of living in Mumbai for a family of 4, Griha Pravesh Muhurat 2020: Best dates for a house warming ceremony.

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