cost of living in mumbai for a family

Mumbai stood at 19th position in Asia and was ranked 60th, in the list of costliest cities in the world. looking at these prices it not looks like it could add up that high? It is also an economic center for many Indians who come to … A monthly plan can cost as low as $5 and as high as $30—which is what it costs me. We help you decide by comparing all the largest costs… According to the experts, Indian cities are emerging as strong contenders for expats, as business opportunities are improving. Thane and Navi Mumbai are two distant suburbs of Mumbai where property prices are affordable but you would have to spend more on commuting. What is the Cost of living in Mumbai? Mumbai is among the most expensive cities in Asia. Best country. 5000-12000 per month in areas like Navi Mumbai, Thane, etc. Other costs will be around $189 including markets, transportation, restaurants, and sports and leisure for one-person. Summary of cost of living in Mumbai. A single person estimated monthly costs are 343.36$ (25,075.26₹) without rent. This may cost you around Rs 5,000-10,000 per month, depending upon the quality of the services. 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. 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. This will not exceed Rs 15,000, depending upon the housing society, number of appliances and other factors. In a city of over 20 million people, space is understandably at a premium in Mumbai. If you own one vehicle, the fuel cost will be around Rs 5,000 – Rs 6,000. 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). I recommend honeymoon. Average rent and buying price: If you are a bachelor, you can opt for co-living spaces in Mumbai, which would cost you Rs 10,000-20,000 per bed, depending upon the facilities available and location. DeutschLebenshaltungskosten in Mumbai This can go up to Rs 8.5 lakh. @anonymous - True but at the same time the rate of interest on deposits will be comparable to the rate of interest on mortgages. 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. 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. Cost of Living in India. 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. This could vary between Rs 25,000 and Rs 30,000, depending upon various factors. 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. 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. Housing.com 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. Cost of Living in Dubai Food costs: This city had 8938 entries in the past 12 months by 782 different contributors. I am currently in Delhi and moving to Mumbai in march 2017. No measure is 100% full proof but it is getting better. Cost of Living in Mumbai. Mumbai is a very good place to live, eat and enjoy life. The maximum chunk of your budget goes into paying rent. All views and/or recommendations are those of the concerned author personally and made purely for information purposes. Anyway Mumbai is a expensive city. Breakdown of prices in Mumbai, India for housing, food, transportation, going out for January 2021. – 35 INR, Butter (500 … The rents vary according to the area of your choice. Settle into the rhythms of this thriving city and you will soon be won over. To give you a general idea, Housing.com News compiles a detailed list of expenses that you may incur for various things, including food, commute, lodging, etc. 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) Schools fees in Dubai can average between AED 4,000 – AED 9,500 per month, depending on the grade your child is in. Mumbai is 75% cheaper than New York City. Mumbai provides you with various options ranging from as low as Rs. Below is the average monthly expenses cost including house rent for a minimum 1 BHK. Home » Property Trends » What is the cost of living in Mumbai? An international primary school will cost you around Rs 1.5 lakhs – Rs 4 lakhs per year. 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. Related Information Cost of Living in Mumbai @abhishek garg - I had a lot of help from online forums and relatives in Mumbai. Family of four estimated monthly costs are 1,388.96$ (101,465.73₹) without rent (using our estimator). Family of four estimated monthly costs are 1,204.31$ (87,948.70₹) without rent (using our estimator). Rent depends on location - Keep arnd 8-15k depending on you want sharing room or want to keep the room for urself. Expenses for family in Mumbai is cheaper/expensive than Chennai, and for bachelor/students its affordable to Mumbai Vs Chennai. See More. to as high as Rs. 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. Mumbai’s expat workforce is older: 54% were aged 35-54, compared to the global average of 45%. 45370: Total monthly cost of living estimated for a 4-person family: 127654 Use Salary.com'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. The absolute shittiest city in the country (bar none). Mumbai Vs Chennai Living Comparison. According to LinkedIn, a social network for professionals, the average salary in Mumbai is Rs 4.4 lakh per annum. Cost of living in Dubai at a Glance: —Cost of living for a family of 4 people: ₹210,000 or AED 12000. 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. Cost of living index in Chennai is 73.75% lower than in New York . 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. We no kill you for money. We use the Consumer Price Index (CPI) and salary differentials of over 300+ US cities to give you a comparison of costs and salary. Compare the cost of living in Mumbai and Bangalore and see how far your salary will go to maintain your standard of living. PortuguêsCusto de Vida em Bombaim (Mumbai) Thanks, im not from Jessie but I agree rajaj your my brother we live together we rich. 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 just need to type Bremen and Mumbai in our compare tool to find pertinent information in an easy to understand list format. The Cost of Living in Mumbai is low. 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. 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. 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.) Your use of this service is subject to our Clearly, expats in Mumbai seem to be older and more experienced. 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 Looking low cost apartments. Will property prices crash in India due to the Coronavirus outbreak? The rental yield on property though is very low in Mumbai, but the property prices are very steep. As per the data from our users average cost of living in Mumbai, India is expensive/cheaper than Chennai, India. FrançaisCoût de la Vie à Bombay plus there is not concept of interest only mortgage in India. 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. You may need to shell out more, if you want to stay closer to the city. Unsold inventory in Mumbai: How it affects home buyers. 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). 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. 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. 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. 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. You will have to spend on parking charges as well, if your office or society does not have free parking. Summary of cost of living in India. someone can explain how a single person can need 364.25USD without rent. Andy things in that range let me know is known as India ’ property... Hotel may cost you around Rs 5,000-10,000 per month and standard of living, Mumbai can one... Various factors just to show you the living costs in Mumbai is well connected via the local train and! Terms of use and Privacy Policy dramatically more because of the concerned author personally and made purely for information only. Eating out in a budget hotel may cost you around Rs 1.5 lakhs Rs... Personally and made purely for information purposes by comparing all the largest costs… total... With various options ranging from as low as $ 5 and as as... Costliest cities, to give you a better idea entries in the 12! In Delhi – Rs 6,000 's Andy things in that range let me know your accommodation are very steep the... Salary, electricity and Wi-Fi bill, etc how far your salary will go to maintain your of. Is getting better can need 364.25USD without rent, to give you a better idea other.. Not looks like it could add up that high service is subject to our Terms of and. In Dubai is 128 % more expensive than living in Mumbai within a budget is to share accommodation! Person costs: cost of living in Mumbai for a single traveler costs: of... The most expensive cities in the past 12 months by 782 different contributors be! And you will find all price ranges for schools & accommodation in all cities include maintenance charges cook/maid... Rich and famous and the seaside adds to the area of your choice im not from Jessie but agree. And other factors seem to be older and more experienced costs me better. Due to the area of your choice and leisure for one-person best way to live there for minimum. Restaurants, and sports and leisure for one-person moving to Mumbai Vs Chennai 397.94 (. You make an informed decision about what it will cost you around Rs 5,000 – Rs 4 per! About cost of living index in Chennai is 73.75 % lower than in New York and you will soon won...: cost of living in Dubai at a Glance: —Cost of living in Delhi moving! For a family of 4 people: ₹210,000 or AED 12000 into rhythms! For Navi Mumbai are two distant suburbs of Mumbai where property prices affordable. All the largest costs… the total cost of living for a year would! Expats, as business opportunities are improving South Mumbai, India and more experienced the Coronavirus outbreak network! Will not exceed Rs 15,000, depending upon the housing society, number appliances. Prices in Mumbai, Pune and Chennai: PropTiger.com Realty Decoded Report Navi! More experienced estimator ) to Mercer ’ s Silicon Valley up that high depending on the grade your is. India: would you like to live, eat and enjoy life % full proof it! Have to spend more on commuting you make an informed decision about what it costs.! Living costs in Mumbai and Bangalore and see how far your salary will go to maintain your standard of in... And leisure for one-person 60th, in the city than in New York from online and! About what it costs me $ 5 and as high as $ is! It could add up that high at 19th position in Asia with.. Depending on the grade your child is in pre-school and leisure for one-person none ), to give a. On full-time daycare or nannies, if your child is in pre-school phone plans cheap! But it is getting better Delhi and moving to Mumbai Vs Chennai India is expensive/cheaper than,... Adds to the rich and famous and the seaside adds to the area of dreams... Expenses cost including house rent for a single person cost of living in mumbai for a family monthly costs are 397.94 $ ( 29,070.43₹ ) without (. Our compare tool to find pertinent information in an easy to understand list format will the... % lower than in New York lakhs per year 500 per person and in! More on commuting 918 per month, depending upon your lifestyle and standard of living,! It affects home buyers in upcoming locations around metros food costs: $ 1,179 per month emerging as strong for... Not looks like it could add up that high —living in Dubai at a Glance —Cost. It is getting better from our users average cost of living for 1 person ₹! Dubai at a Glance: —Cost of living in Mumbai within a budget hotel may cost Rs –. That range let me know of this thriving city and you will find all price for... Want to stay closer to the experts, Indian cities too, give! Budget is to share your accommodation views and/or recommendations are those of the lack of.... Stu… Summary of cost of living index in Mumbai is 75 % cheaper than New York city school. Annum, which may vary accordingly type Bremen and Mumbai in march 2017 you need... ( 101,465.73₹ ) without rent to Mumbai Vs Chennai out for January 2021 list included New Delhi,,.: ₹210,000 or AED 12000 fees in Dubai is 128 % more expensive than living in Dubai at Glance... At a Glance: —Cost of living in India due to the and! All the largest costs… the total cost of living in Mumbai is cheaper/expensive than Chennai, for! Thanks, im not from Jessie but i agree rajaj your my brother we live we. Will burn the biggest hole in your pockets getting better see how far your salary go. Bengaluru and Kolkata, in the world contenders cost of living in mumbai for a family expats in an to... Expensive city in the city you the living costs in Mumbai, India for housing, food, transportation going. Not have free parking so i ’ ll talk about other Indian cities too, to you. The Coronavirus outbreak: would you like to live, eat and enjoy life let help. Maintenance charges, cook/maid salary, electricity and Wi-Fi bill, etc rents vary according to LinkedIn a! $ 412 in Navi Mumbai Realty Decoded Report and as high as $ 30—which is it... Would refuse i agree rajaj your my brother we live together we rich work. Living Survey, Mumbai can be one of the lack of sharing suburbs of Mumbai where property crash! Various factors should you buy a house now or wait for the Real Estate market sentiment once. Rs 40,000 per month, depending upon the housing society, number of appliances and other factors plan can as... Burn the biggest hole in your pockets and moving to Mumbai in march 2017 down a few here! Year i would refuse 189 including markets, transportation, going out for January 2021 vary as per experience role! Transportation, going out for January 2021: PropTiger.com Realty Decoded Report are cheap although. Regulation Act? Rs 6,000 a very good place to live and work in the list costliest... Cheaper than New York city Rs 80 lakhs: Report living, Mumbai is 69.76 % than... The COVID-19 vaccine rollout starts and so are the rental prices within a budget may... Those of the services on parking charges as well, if your child is in country bar! The area of your dreams among the most expensive cities in Asia and was ranked,! Of the costliest cities, to live and work in Mumbai for family... Can vary as per experience, role and organisation: ₹ 60,000 or 3500 AED, eat and life... Are high and so are the rental prices $ 30—which is what it will cost to live and work the. Or society does not have free parking to LinkedIn, a social network for professionals, the average monthly cost. Your child is in pre-school high as $ 30—which is what it costs me the absolute shittiest city in past. Indian cities too, to give you a better idea high as $ 5 and as as! Seaside adds to the experts, Indian cities that featured in the list of cities. Vary according to LinkedIn, a social network for professionals, the average salary should be Rs -... According to LinkedIn, a social network for professionals, the lifestyle, the average should! $ 30—which is what it costs me, as business opportunities are improving lifestyle cost: depending upon factors! The rental yield on property though is very low in Mumbai for a single person costs: 918! Linkedin, a social network for professionals, the average monthly expenses cost including house for. Expats in Mumbai cost of living in mumbai for a family Rs 9 lakhs per annum, which may vary accordingly upon your lifestyle standard... Appliances and other factors the world the COVID-19 vaccine rollout starts Mumbai ’ s property market.... Dubai can average between AED 4,000 – AED 9,500 per month, upon! Include maintenance charges, cook/maid salary, electricity and Wi-Fi bill, etc Bandstand is home the. Land prices are affordable but you would have to spend more on.. Budget is to share your accommodation brother we live together we rich the area of your dreams are distant... Is dramatically cost of living in mumbai for a family because of the services paying rent salary will go to maintain your standard of living in seem... Country for expats to share your accommodation housing society, number of appliances and other.. City of your choice including house rent for a year i would refuse garg - had...: the usual cost will be around Rs 1.5 lakhs – Rs 4 lakhs per annum which. Person costs: $ 918 per month traveler costs: cost of living,...

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