Bangalore, also known as Bengaluru, is the capital of Karnataka, located in Southern India, attracting migrants from all across the country. Bangalore has created a special place among people’s hearts with its rich cosmopolitan culture and heritage. It is famously known as the city of professionals! Bangalore’s fast-growing job opportunities, urban lifestyle, healthcare facilities, top-notch academic institutions, and rich heritage & culture with lavish greenery make Bangalore one of the best cities to live in!
Moving to a new city can be challenging if you are unsure of the place you are moving to. So, if you plan to move to Bangalore, it’s a great idea to know how expensive Bangalore is or Bangalore’s living expenses. Comparatively, Bangalore is more affordable than any other metropolitan city in India. Various living factors affect your cost of living, such as rental accommodation, food, education, transport, etc. So, let’s take a look at all the factors affecting the cost of living in Bengaluru.
Cost of living in Bangalore for Bachelors/Couples/Family
To understand the approximate cost of living in Bangalore for students/bachelors, couples, and families, let’s have a look at the table:
Bangalore is a decent place if calculated in terms of financial dependence. But apart from that, falling in love with Bangalore is evident because of its ultimate blend of career opportunities, green surroundings, rich heritage, and beautiful weather year-long.
Top places to live in for couples/families
The sudden rise of the IT industry has wholly changed Bangalore’s landscape with high-rise buildings, classy apartments, and sprawling malls, leading to the city’s professional crowd’s rush.
Places like Ulsoor, Indiranagar, Malleswaram, Basavanagudi, and Koramangala are the topmost posh areas to live in. Rajajinagar, Richmond Town, Benson Town, Cooke Town, RMV Extension, Whitefield, Hoskote, etc., are on a list for many people. But if you want to be a little away from the city’s hush, you can opt for the outskirts like Sarjapur road, Varthur road, Yelahanka, etc.
Let’s look at Bangalore’s cost of living for some popular areas.
Cost of property buying and renting in popular localities of Bangalore
|Locality||Average property buying price||Average monthly rentals|
|Whitefield||Rs 5,930 per sq ft||Rs 27,041|
|Electronic City||Rs 4,888 per sq ft||Rs 16,583|
|Krishnarajapura||Rs 6,650 per sq ft||Rs 14,448|
|RR Nagar||Rs 5,980 per sq ft||Rs 19,054|
|Banashankari||Rs 8, 270 per sq ft||Rs 18,212|
|Hoskote||Rs 3,160 per sq ft||Rs 12,905|
|Sarjapur||Rs 3,400 per sq ft||Rs 20,147|
|Chandapura||Rs 2,400 per sq ft||Rs 17,000|
|Devanahalli||Rs 4,550 per sq ft||Rs 18,441|
|Vidyaranyapura||Rs 3,790 per sq ft||Rs 14,293|
Cost of transportation
Numbeo estimates that a one-way ticket in a local transport costs Rs 50, while a monthly pass on an average costs Rs 1,500. The average tariff for hiring a cab comes to Rs 60. But if you wish to reduce this cost in your overall living expenditure, it is better to commute by metro. The cost of travelling in the metro is Rs. 10 to Rs. 80.
Cost of Dining in Bangalore
Bangalore has many pubs, eateries, micro-breweries, hangouts, and leisure zones and is famous for its classy dine-out & roaring nightlife. Typical inexpensive Breakfast in Bangalore would be Dosa, Idli, and staple South Indian food with Coffee that will cost Rs 120 per person. A mid-range eatery meal for a family will cost between Rs 750 and Rs 2,500.
Cost of Groceries in Bangalore
You will find an exceptional standard of living in Bangalore. So, deciding on the grocery expenditure depends on what you plan to set up in your kitchen. The grocery can be purchased from food malls and grocery stores at a much reasonable price, which will cost you approximately Rs. 1,000 to Rs. 5,000, based on the number of people.
Cost of utilities in Bangalore
Utility services such as electricity, water supply, internet connection, DTH facility, etc., cost Rs 1,000-4,500 on average. An added Internet and data charges will add working professionals between Rs 800 and Rs 1,500. But to reduce the cost of living, you can decrease utility services’ consumption.
How much Salary is needed to live comfortably in Bangalore?
|For Simple Living Salary (per month)||For Luxury Living Salary(per month)|
|For a Couple||Rs.40,000||Rs.70,000|
|For a Family of 4||Rs.65,000||Rs.1,30,000|
Keeping these pointers in mind, you can calculate the average cost of living in Bangalore based on your needs and preferences and plan a budget-friendly move based on the above information. To know about the relocation cost, you can calculate it with Pikkol’s Professional Packers and Movers move calculator or contact our experts on our toll-free number +91 8088110011. Hope you enjoy moving to Bangalore!