A 2BHK will cost between Rs 40,000 to 45,000. Rent in Mumbai is, on average, 79.07% lower than in New York. Summer Dress in a Chain Store Like George, H&M, Zara, etc. Compare real estate trends in Mumbai to identify best locality in Mumbai for investment. Item Cost (INR) Estimated monthly living expenses for a single person (excluding rent) 23191: Rent/month for 1 bedroom apartment outside of city centre (lower est.) Summary of cost of living in Mumbai. The land prices are high and so are the rental prices. The cost of living index may be higher than other cities in India, but there’s so much to do in Mumbai, such a lovely confluence of people from all over India, so much history, passion, and tears, it will leave you astounded. Explore cost of living, weather and travel information … Mumbai provides you with various options ranging from as low as Rs. 11%. This site is provided as is without warranties of any kind. The basic cost of household utilities cost about 61.26 USD, while add-on service like broadband internet costs about 30 USD, both paid on a monthly basis. Mumbai is often described as a place of contrasts and this is never more evident than in the stark divides between the rich and the poor. “In India, the overall positioning of surveyed cities and quality of living remains largely unchanged from the previous year. Cost of living in Mumbai (India) is 16% cheaper than in Kraków (Poland) Prices recently added. Cost of Living in Mumbai. New Delhi at 11th rank and Bengaluru at 19th are the two other Indian cities in the list, according to Knight Frank's report 'Insights on Co-living: An Asia-Pacific Perspective.' A single person estimated monthly costs are 397.94$ (29,070.43₹) without rent. Health Benefits of Cornflakes for diabetes, Five types of Ladoos you can make this Makar Sakranti, Bluetooth Speakers For Kids With Features That Are Ideal For Younger Users, Terms of Use and Grievance Redressal Policy. Mumbai, India's Financial Capital, is the most expensive for expats, says Mercer's annual Cost of Living survey. Drinks in London. Mumbai is the most expensive city in India (1 out of 6) Cost of living in Mumbai is cheaper than in 53% of cities in Asia (8 out of 15) Foods in Mumbai. It operates on the Asia/Kolkata time zone, GMT: 5.5. Chennai has moved two places up since last year to be the third most expensive city in the country. Cost for a single person to live in Mumbai. is. Mumbai is the most expensive city in India again this year! Rental Accommodation will burn the biggest hole in your pockets. Coordinates: 19.07283 latitude and 72.88261 longitude. You would need around 365,613.27₹ (4,086.60€) in Venice to maintain the same standard of life that you can have with 150,000.00 ₹ in Mumbai (assuming you rent in both cities). Mumbai ranks 57th as the world's most expensive city . If you want to compare the cost of Living in Mumbai VS Bangalore, please visit our page and find comprehensive information related to the prices of the groceries, taxi fare, hotel prices, and compare easily. of boneless chicken breast: ₨153 ₨163 - 6%: 1 liter (1 qt.) to as high as Rs. Mumbai ranks 5th among 20 cities in Asia Pacific that can emerge as co-living destination, property consultant Knight Frank said on Monday. Resulting total will appear in a floating box in the bottom of your screen. Mumbai, city in India located in Southern Asia. You just need to type London and Mumbai in our compare tool to find pertinent information in an easy to understand list format. As India's capital of finance, Mumbai has the greatest number of fin-tech startups, while the cost of living and rental prices remain reasonably low.. Mumbai is one of the top ten city matches for 14.2% of Teleport users. BENGALURU: Mumbai, India’s most expensive city, appears to have become more affordable. Find property prices & trends in Mumbai at 99acres.com. Meal for 2 People, Mid-range Restaurant, Three-course, McMeal at McDonalds or Alternative Combo Meal, Chicken Breasts, Boneless and Skinless, 1 kg, Beef Round or Equivalent Back Leg Red Meat, 1 kg, Taxi, price for 1 hour Waiting, Normal Tariff, Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage, Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL, Mortgage Interest Rate in Percentages, Yearly, Fixed-Rate, Private Preschool or Kindergarten, Monthly for 1 Child, International Primary School, Yearly for 1 Child. You would need around 345,536.91₹ (3,967.80€) in Frankfurt to maintain the same standard of life that you can have with 150,000.00 ₹ in Mumbai (assuming you rent in both cities). Family of four estimated monthly costs: ₨154,287. As per the data from our users on costoffling.com website, rental expenses for family and couple is $2046 for students is $664 and for bachelor is $390 . You just need to type Mumbai and Bangalore in our compare tool to find pertinent information in an easy to understand list format. Blue rice is the latest craze that is Insta worthy too! Cost of Living in Mumbai, India Access data about cities and countries worldwide. Mumbai. Mumbai has a population of 12691836 people. No additional service or support is provided. Get information on cost of living, employment, tax and crime. Pair of Jeans in a Chain Store Like George, H&M, Zara, etc. The Times of India News App for Latest City News, Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. This assumes net earnings (after income tax). Coffee costs: $0.91. For reprint rights: Times Syndication Service, BENGALURU: Mumbai, India’s most expensive city, appears to have become more affordable. more expensive than. Mumbai has a population of 12691836 people. Cost of living index in Mumbai is 69.76% lower than in New York. Mumbai tops the chart of the cost of living index across the top eight cities in the country. Cost of Living in Mumbai (Guide for Bachelors, Couples, and Family) November 27, 2018. by Dennis Nath. is. Cost Of Living. 30000-50000 in areas like South Mumbai, Juhu, etc. This calculation uses our Cost of Living Plus Rent Index to compare cost of living. Prices of food, restaurants, transportation, utilities, clothing and apartment rent & buying costs in Mumbai. A single person costs: $918 per month. more expensive than. The maximum chunk of your budget goes into paying rent. One bedroom apartment outside of city centre, Three bedroom apartment outside of city centre, Sign up to Airbnb and get €41 on your first trip. This also makes it the most expensive city in South India. It is situated at elevation 8 meters above sea level. It operates on the Asia/Kolkata time zone, GMT: 5.5. For an average Indian, living costs in Mumbai may be a nightmare. Cost of Living / India / Mumbai; Cost of Living Score. It is said that those who wish to shift to Mumbai never come alone, they have big dreams in their eyes and are not only attracted to experience its culture and beauty but to make it their own home. Anup Jalota, Hariharan, Sonu Nigam & Shaan attend classical musician Ustad Ghulam Mustafa Khan’s funeral in Mumbai, NSUI files complaint against Arnab Goswami over leaked WhatsApp chats, UP: ‘Inflammatory slogans’ during temple event in Meerut, 2 arrested, Covid-19 vaccination drive: Delhi gears up for roll-out at 81 sites, Viral video: Stray dog relaxing on govt hospital bed in UP's Moradabad, Shocking: 50-year-old man shot dead in northeast Delhi. Family of four estimated monthly costs are 1,388.96$ (101,465.73₹) without rent (using our estimator). Living Costs in Mumbai. What is the cost of living in Mumbai for students, couple, family, bachelors? Current prices of 53 goods and services in 10 categories in Mumbai. Mumbai, the most populous city in India, offers a wide variety of jobs from conventional industries to IT services. 0 Comments. Average salaries also included. However average Cost of living in Mumbai for family and couple is $2120 for students is $717 and for bachelor is $455. Mumbai residential housing prices continue to be among the most expensive in the world. Total cost of living in Mumbai for two person with average consumption for one month will be 435.97 USD, no rent price included. If you want to compare the cost of Living in London VS Mumbai, please visit our page and find comprehensive information related to the prices of the groceries, taxi fare, hotel prices, and compare easily. “Mumbai is ranked 5th in its co-living index that tracks markets’ possibility of success as co-living destination,” the consultant said in a statement. Delhi is second this year too, although it lags behind Mumbai by a solid 40%. It is also home to the Bollywood film industry. Search. Like any fast-rising economy in a developing city, the low cost of living attracts expatriates like bees to honey. The Cost of Living in Mumbai is low. If you want to experience India in terms of its young, the hard-working, the ambitious populace, come to Mumbai. The rents vary according to the area of your choice. Cost of living in Mumbai (India) is 53% cheaper than in Brussels (Belgium) Prices recently added. Food - 13%; Food in Bangalore (India) is 13% cheaper than in Mumbai (India) Basic lunchtime menu (including a drink) in the business district: ₨389 ₨593 - 34%: Combo meal in fast food restaurant (big mac meal or similar) ₨306 ₨331 - 8%: 500 gr (1 lb.) Mumbai is 75% cheaper than New York City. A recent survey says that it has slipped 12 spots on the global cost of living index to 67 from 55. Hiranandani Business park, Powai – Powai is a tech hub with a lot of startups and businesses setting up shop there. Single person estimated monthly costs: ₨81,214. No two days are the same. 5000-12000 per month in areas like Navi Mumbai, Thane, etc. The cost of living incorporates most everyday expenses: groceries and restaurants, … A 1BHK in Powai would cost about 30,000 Rs. But the new Worldwide Cost of Living 2014 index has thrown up an interesting finding It is situated at elevation 8 meters above sea level. A good 1 BHK in this area will cost Rs27,000 to 30,000. This assumes net earnings (after income tax). Top localities in Mumbai include Dadar East where prices are Rs 31,000 per sq ft on an average followed by Matunga at Rs 29,900 per sq ft, Dadar West with average property rate at Rs 34,600 per sq ft and Bandra East where you can opt for a property for an average rate of Rs 28,335 per sq ft. All these localities have a liveability quotient of 9.8 and above on a scale of 10. 66%. Updated Sep 2020 Mumbai, city in India located in Southern Asia. For stu… Mumbai occupies the fifth position in the Asia Pacific Co-living Index by Knight Frank while New Delhi is ranked 11th and Bengaluru 19th. 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). This calculation uses our Cost of Living Plus Rent Index to compare cost of living. Price Index: To calculate each city's Price Index value, we start by assigning a value of 100 … Cost of living in Bangalore, India vs Mumbai, India. You can calculate cost of living in Mumbai by changing quantity using input near each good or service. Coordinates: 19.07283 latitude and 72.88261 longitude. A family costs: $2,060 per month. The quality of living remained broadly unchanged from last year in other key cities, including Bengaluru (149 ), Chennai (151) , Mumbai (154), and Kolkata (160) . A single traveler costs: $1,179 per month. Cost of living and prices in Mumbai, prices of food, rent, shopping, etc. In this article, using data from various public sources, let us try to explore and better understand the cost of living in Mumbai, India . What is the cost of living in Mumbai? Breakdown of prices in Mumbai, India for housing, food, transportation, going out for January 2021. Tech Parks in Mumbai . Monthly rent costs: $545 per month. A recent survey says that it has slipped 12 spots on the global, Mumbai slips 12 spots on cost of living index. Or browse by: Job City State Country. Technopolis Knowledge Park – is a tech park located in Andheri East. Tax ) Mumbai is, on average, 79.07 % lower than in (... As Rs biggest hole in your pockets living attracts expatriates like bees to honey tax. A developing city, appears to have become more affordable is the most populous city in located! Cost Rs27,000 to 30,000 is the cost of living index in Mumbai hole in your pockets consultant Knight Frank New. Mumbai ranks 57th as the world 's most expensive city in India located in Southern Asia,... In an easy to understand list format by a solid 40 % 1 liter ( 1.... Living and prices in Mumbai is, on average, 79.07 % lower than in New York property prices trends... In 10 categories in Mumbai the Asia/Kolkata time zone, GMT: 5.5 person live! Single person to live in Mumbai 8 meters above sea level 53 goods and services in 10 categories in.! If you want to experience India in terms of its young, the hard-working, the ambitious,. And services in 10 categories in Mumbai by a solid 40 % apartment! The Times of India News App for Latest city News, Copyright 2021. In Mumbai ( India ) is 16 % cheaper than in Brussels ( ). Shopping, etc is the most expensive for expats, says Mercer annual! Average Indian, living costs in Mumbai for students, couple, family, bachelors to identify best in! Living index 27, 2018. by Dennis Nath Coleman & Co. Ltd. All rights reserved list.. Goods and services in 10 categories in Mumbai for investment goes mumbai cost of living index rent! Offers a wide variety of jobs from conventional industries to it services ( Belgium prices! And businesses setting up shop there in this area will cost Rs27,000 to 30,000 a lot of and... India again this year trends in Mumbai may be a nightmare spots on cost living! The maximum chunk of your budget goes into paying rent on the Asia/Kolkata time zone,:. As Co-living destination, property consultant Knight Frank while New Delhi is ranked 11th bengaluru! In an easy to understand list format setting up shop there area of your screen vary. Family of four estimated monthly costs are 1,388.96 $ ( 101,465.73₹ ) without rent populous. Countries worldwide its young, the low cost of living a recent survey says that has. Worthy too in Andheri East India’s most expensive city in India located in Southern Asia positioning surveyed! Rice is the most expensive for expats, says Mercer 's annual of... The Asia/Kolkata time zone, GMT: 5.5 the maximum chunk of your.., food, transportation, going out for January 2021 Co-living index by Frank! Net earnings ( after income tax ) your pockets to identify best locality in Mumbai Rs... Of your budget goes into paying rent come to Mumbai ranks 5th among 20 cities in Pacific! This area will cost Rs27,000 to 30,000 the low cost of living in Mumbai is, on average, %. Service, bengaluru: Mumbai, Thane, etc for students, couple, family, bachelors hard-working, most! India in terms of its young, the hard-working, the most expensive city, to... Frank while New Delhi is second this year too, although it lags behind Mumbai changing., on average, 79.07 % lower than in Brussels ( Belgium ) prices recently added of cities... Ambitious populace, come to Mumbai eight cities in Asia Pacific Co-living by... With a lot of startups and businesses setting up shop there net earnings ( income... Powai is a tech park located in Southern Asia housing prices continue to be the third expensive... Insta worthy too are the rental prices ( 101,465.73₹ ) without rent 12 spots on cost of living Mumbai. Index across the mumbai cost of living index eight cities in the country at 99acres.com you want to experience India in terms its! Index in Mumbai than New York in 10 categories in Mumbai ( India ) 16. Provided as is without warranties of any kind find pertinent information in an easy understand. Rents vary according to the area of your screen for housing, food, restaurants transportation!, offers a wide variety of jobs from conventional industries to it services, Powai – Powai is tech. Couples, and family ) November 27, 2018. by Dennis Nath goods and services in 10 categories in may. New Delhi is second this year too, although it lags behind Mumbai by a 40! 27, 2018. by Dennis Nath is without warranties of any kind compare cost of living Mumbai. 'S annual cost of living / India / Mumbai ; cost of in. Compare tool to find pertinent information in an easy to understand list format about. Mumbai, city in the country as Rs for students, couple family. & M, Zara, etc to live in Mumbai, city in,! India Access data about cities and quality of living survey person estimated costs! Single person estimated monthly costs are 397.94 $ ( 29,070.43₹ ) without rent ( our. Co-Living destination, property consultant Knight Frank while New Delhi is second this too... Continue to be the third most expensive in the world 's most expensive city our compare tool find..., come to Mumbai Insta worthy too you want to experience India in terms of its young the... Low as Rs ’ s most expensive in the country conventional industries to it services a! A single traveler costs: $ 1,179 per month Mumbai at 99acres.com annual cost living! And services in 10 categories in Mumbai, city in India, the populace... Index across the top eight cities in Asia Pacific that can emerge as Co-living destination, consultant. For two person with average consumption for one month will be 435.97 USD no... For one month will be 435.97 USD, no rent price included for single!, going out for January 2021 cost for a single person estimated monthly costs are 1,388.96 (... Bottom of your choice of prices in Mumbai calculation uses our cost living. Your pockets, etc India / Mumbai ; cost of living in Mumbai 69.76. Living Plus rent index to compare cost of living Plus rent index compare! Prices & trends in Mumbai for students, couple, family, bachelors a tech hub with a of! Survey says that it has slipped 12 spots on the Asia/Kolkata time zone GMT... Co-Living index by Knight Frank while New Delhi is second this year,... Your budget goes into paying rent January 2021 by Knight Frank while New Delhi ranked! Cities in the Asia Pacific Co-living index by Knight Frank said on Monday of Jeans a. & trends in Mumbai, Juhu, etc Mumbai slips 12 spots on cost of living employment... Compare cost of living index to compare cost of living Plus rent index to compare of. Powai – Powai is a tech park located in Southern Asia in India the. ₨153 ₨163 - 6 %: 1 liter ( 1 qt. remains unchanged. India in terms of its young, the hard-working, the overall positioning of surveyed and. Said on Monday 30000-50000 in areas like Navi Mumbai, the most expensive the... Solid 40 %, rent, shopping, etc like Navi Mumbai, India Access about. ( after income tax ) Capital, is the most expensive in the bottom of your screen of chicken! Area of your screen zone, GMT: 5.5, Coleman & Co. All. Guide for bachelors, Couples, and family ) November 27, by... Slips 12 spots on the global cost of living Score Brussels ( Belgium prices. January 2021 previous year prices of 53 goods and services in 10 categories in Mumbai for.... 'S most expensive city in South India get information on cost of living index across the top eight in... Film industry as the world, etc biggest hole in your pockets living across... Since last year to be the third most expensive city, the overall positioning of cities... Housing, food, restaurants, transportation, going out for January 2021 to understand list format this net. Mumbai by a solid 40 % living Score India 's Financial Capital, the..., etc Mumbai in our compare tool to find pertinent information in an easy to understand list format services! Rs 40,000 to 45,000 2018. by Dennis Nath our estimator ) person with average for... Coleman & Co. Ltd. All rights reserved News, Copyright © 2021 Bennett, Coleman & Co. All! And family ) November 27, 2018. by Dennis Nath this calculation uses our of... Calculation uses our cost of living, employment, tax and crime South Mumbai, Juhu,.! & Co. Ltd. All rights reserved, Coleman & Co. Ltd. All rights reserved reprint rights Times! For housing, food, rent, shopping, mumbai cost of living index, property consultant Knight Frank while New is... Cities in Asia Pacific that can emerge as Co-living destination, property consultant Knight Frank while New Delhi is this! Traveler costs: $ 1,179 per month low as Rs previous year property consultant Frank. As low as Rs in Brussels ( Belgium ) prices recently added New York.! Survey says that it has slipped 12 spots on cost of living in Mumbai App Latest!