Cost of living in Banglore

Cost of living in Banglore

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.

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. This blog tells all about how expensive the city can get for a bachelor, couple or a family living in Bangalore.

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 cost in the city, it isn’t as expensive as 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

For Students & Bachelors

YOUR-SPACEStudent 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.

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

Student Housing Community

Student Housing Community

Student Housing Community

Household Utilities

Household Utilities

2) Groceries

The expense of grocery shopping is almost the same for every city. These are always available in any nearby general stores and supermarkets, which you can find in almost every locality of the city. You can always go to any nearby grocery store in Bangalore and get your household items in unit quantities in roughly Rs. 1300 – 1600 every month.

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.

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 on average. Since having an AC means consuming more power, Rs. 1000 would be your minimum electricity bill every month.

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.

6) Childcare

Schooling in Bangalore for your children can dig a hole in your wallet, 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.

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.

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 the very posh malls but with trending, stylish stock of brands. Thus, shopping in Bangalore might get a little expensive especially for a family of 4 or more.

FAQs on Bangalore

1) What is the cost of living in Bangalore?

The average expenditure for bachelors living in Bangalore 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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