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Cost of living in Bangalore for students, working professionals and families! (2023)

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The capital city of Karnataka, Bangalore, also known as the Silicon Valley of India, is one of the largest cities in the country. It is one of India's most progressive and developed cities, blessed with a benevolent climate, a modern metro system, and a burgeoning drinking, dining and shopping scene. The city is the home to a number of modern areas that were formerly suburbs, many parks and large green spaces, wide streets, and hundreds of technology, software, and telecommunications companies.
  The capital city of Karnataka, Bangalore, also known as the Silicon Valley of India, is one of the largest cities in the country. It is one of India's most progressive and developed cities, blessed with a benevolent climate, a modern metro system, and a burgeoning drinking, dining and shopping scene. The city is the home to a number of modern areas that were formerly suburbs, many parks and large green spaces, wide streets, and hundreds of technology, software, and telecommunications companies. [wcpscwc_pdt_slider type="products" cats="38"] Besides, it is also the meeting point of 3 cultures – Kannada, Tamil, and Telugu. With the different ethos and values come numerous needs and demands, ultimately increasing the expenditure of citizens. The living cost in Bangalore for students in 2023 has increased considerably. This blog tells all about the cost of living in Bangalore in 2023 for bachelors, couples, or families.

1) Accommodation

Bangalore is the third best city in the country to build a startup. Besides, since it has accommodated hundreds of top IT companies, the city is the most desired destination for young professionals. Although economic growth has impacted rental costs in the city, living cost in Bangalore isn’t as expensive as in Mumbai. Renting a house
Localities 1 BHK 2 BHK 3 BHK
HBR Layout 15k - 16.5k 20k - 28k 28k - 35k
Banaswadi 12k - 15k 17k - 25k 25k - 30k
Hebbal 11k - 15k 15k - 30k 35k - 45k
Hennur 8k - 12k 21k - 30k 32k - 35k
Jakkur 15k - 17k 16k - 26k 30k - 35k
Jalahalli 13k - 15k 15k - 26k 20k - 30k
Yeshwantpur 12k - 17k 21k - 24k 30k - 60k
Jayanagar 15k - 25k 25k - 32k 30k - 45k
Banashankari 6k - 11k 17k - 25k 25k - 49k
Electronics City 8.5k - 16k 16k - 25k 20k - 30k
Kanakapura Road 10k - 13k 13k - 17.5k 15k -20k
Maratha Halli 9k - 15k 25k - 35k -
Malleshwaram 13k - 24k 30k - 40k 40k - 55k
Koramangala 13.5k - 25k 17k - 30k 37k - 65k
Ulsoor 15k - 17k 40k - 50k 50k - 60k
Whitefield 13k - 16k 25k - 30k 28k - 40k
RT Nagar 8k - 17k 15k - 31k 28k - 55k
Yelahanka 6.5k - 10k 12k - 28k 28k - 36k
This list shows the approx. living cost in Bangalore for students and bachelors. For Students & Bachelors YOUR-SPACE - Student Housing Community Your-space, with its four pillars of Safety, Comfort, Community and Health, respects and addresses the needs of students who study away from home, providing them with a comfortable living space nearest to their academic institutions. Keeping in mind the safety and comfort for students aged 16-25, Your-Space has set up its properties in various posh localities, providing you with not just a living-space but many more luxurious amenities that will also not affect your monthly cost of living in Bangalore.
Property Nearest to Rent starting at
Koramangala (Girls & Boys) Christ University Hosur Road, Accenture 10,000/- INR
Bannerghatta (Girls & Boys) Christ University Bannerghatta, NMIMS 10,000/- INR
   

Household Utilities

Everyone has a question in mind, ‘How expensive is Bangalore?’ The content below will give you a rough idea of the expense.

2) Groceries

Bangalore expenses per month for grocery shopping are similar to that of every other city. These are always available in nearby general stores and supermarkets, which you can find in almost every city locality. You can always go to any nearby grocery store in Bangalore and get your household items in unit quantities for roughly Rs. 1300 – 1600 every month, not affecting Bangalore cost of living. Working professionals also use online platforms to get their household necessitates on a daily basis. The most used online store is Big Basket with plenty of offers for you, that would not cost you more than Rs. 300 on each delivery. The other popularly used online grocery stores are Grofers and Nature’s Basket.

3) Food

Bangalore has a variety of cuisines that you can try. A typical south Indian restaurant in Bangalore would cost Rs 120 per person. The cheapest and healthiest option in this domain is to cook food by yourself. However, you can also always choose to hire a cook/maid, personally, or through an agency that provides services like part-time cook, full-time cook, full-time maid, part-time maid. Just a cook can charge you Rs. 2000 per person on an average every month. A part-time maid (less than 5 hours) would cost Rs. 1600 - 2000, and a full-time (24 hours) would be for about Rs. 18000 - 22000. Home Maid Services, Kaamwali Bais, Standard Personal Services are a few agencies in Bangalore. For those who work and can’t afford to travel home at mealtimes can also hire a tiffin vaala for Rs. 1500 - 3000. Otherwise, online food delivery apps like Swiggy and Zomato are always a tap away. These cost about Rs. 500 – 800 on each delivery, considering the time, traffic, and delivery charges. So, the living expenses in Bangalore for students will be manageable. 

4) Electricity

The electricity tariff rates all over India are Rs. 3 per unit consumption. This means the consumption of 200 units every month would charge Rs. 600. That is added to the average living cost in Bangalore. Since having an AC means consuming more power, Rs. 1000 would be your minimum electricity bill every month that will be covered in Bangalore living cost.

5) Television

Telecom Regulatory Authority of India (TRAI) has been flexible since the past few years. It allows the users to pay the MRP only for the desired channels. Cost of each channel ranges from Rs. 1 – 20 depending on the broadcasters of channels so you can manage the Bangalore monthly expenses.

6) Childcare

Schooling in Bangalore for your children can dig a hole in the wallet if you see the living expenses in Bangalore for couples, but affording it can be worth a while. Bangalore has many public as well as international schools to provide to the children. The public schools, depending on the locality, facilities and of course, the curriculum, charge about Rs. 80,000 per year. Whereas the International schools can be a little more expensive, i.e. about anywhere between Rs. 2,00,000 – 9,00,000. For those who choose to send their toddlers to a daycare or creche institutions, your expense for half a day can be between Rs. 12,000 - 13,500, and that for a full day can be about Rs. 15,000. Hiring a part-time nanny for your kids can charge you under Rs. 8000 and a nanny for a full day can cost you 14,000.

7) Transport

The Bangalore Metropolitan Transport Corporation (BMTC) has fixed the charges for a metro ticket to travel up to 2 kilometres at Rs 5, while the same will be Rs 10 to travel up to 4 kilometres. Maximum charges for a metro ticket does not exceed Rs. 30. The bus charges for an adult are anywhere between Rs. 5 – 39 depending on the number of stops one has travelled. Bus rates for a child and a senior citizen are between Rs. 3 – 30, and Rs. 4 – 29 respectively. So average cost of living in Bangalore for a bachelor will be controllable.  Entertainment

8) Sports & Leisure

The fitness clubs and gyms that everyone tends to take time for costs about Rs. 1600 in Bangalore City. Other extra-curricular activities like training in sports, or adventurous activities will not cost you more than Rs. 500 - 1000. You can also make use of health and fitness apps like Cure. fit and Daily Yoga, which can cost you around Rs. 300 – 500 every month. Cult Fit and other such fitness chains are in abundance in Bangalore due to a major young crowd moving there for work. You can count this in bangalore cost of living for bachelor if he/she opt for all the entertainment source.

9) Shopping

Bangalore is said to be a posh city. Unlike Delhi and Mumbai, Bangalore does not have many shopping streets along with the malls, Bangalore is home to very posh malls but with a trending, stylish stock of brands. Thus, the monthly expenses in Bangalore for shopping might get a little expensive, especially for a family of 4 or more. So, the cost of living in Bangalore for a single person will be quite expensive in terms of shopping.

FAQs on cost of living in Bangalore

1) What is the cost of living in Bangalore?

The living expenses in Bangalore for bachelor can be approximately Rs. 10,000-15,000 every month and that for couples can be Rs. 20,000-40,000. For a family of four, living together, you might have to spend Rs. 60,000 – 1lac or more. Also, the rent varies greatly depending on whether you are living in a budget area or an expensive location.
Description Family Bachelor
Accommodation 20,000 10,000
Groceries 4,000 2,000
Food 6,000 1,500
Electricity 2,000 1,000
Television 500 500
Schooling and Childcare 60,000
Transport 2,500 1,000
Sports & Leisure 3,000 1,000
Shopping 12,000 4,000

2) Is Bangalore expensive to live?

Comparatively, Bangalore is quite cheap in all its domains, be it accommodation, extracurricular activities or food. However, schooling and hiring a maid might dig a hole.

3) What salary is needed to live comfortably in Delhi?

Depending on your lifestyle, anywhere between Rs. 20,000 - 50,000 should be enough to keep you comfortable.

4) Is Bangalore a good place to live?

Considering the safety as well as all the other facilities that Bangalore provides, from food to cultural activities, to all the employment opportunities and luxurious amenities, Bangalore is one of the most desired places to live by today’s generation.

5) What are some hangout places in Bangalore?

MG Road, Phoenix Market City, Cubbon park, DYU Art Cafe are some of the very famous hangout places in Bangalore.

6) What are some good colleges in Bangalore?

Bangalore has many good colleges such as Christ University, NMIMS, IISC, IIM B etc.
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