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What Is the Cost of Living in Bangalore?

Source: thepackersmovers.com

Bangalore is one of those metropolitans with numerous luxurious apartments, malls, dance floors, pubs and affordable paying guest accommodation. The cost of living in Bangalore depends on various factors. However, the type of lifestyle one wants to lead in Bangalore plays the most important role in deciding the cost of living.

How Much Does It Cost to Live in Bangalore?

 

Bangalore is the capital city of Karnataka. Due to its cosmopolitan culture and heritage, the city has become one of the most popular metropolitans in the country. Whether you are a student or bachelor, a couple or have a family, the cost of living in Bangalore varies. Let us take a look at the approximate cost of living in Bangalore for a bachelor, students, couples and a family of four.

Area of Expense Bachelors and Students Couples Family of Four (2 Adults + 2 Kids)
Rent ₹ 7,000 - ₹ 13,000 ₹ 15,000 - ₹ 25,000 ₹ 15,000 - ₹ 30,000
Entertainment ₹ 5,000 - ₹ 7,000 ₹ 6,000 - ₹ 9,000 ₹ 6,000 - ₹ 10,000
Groceries ₹ 3,000 - ₹ 5,000 ₹ 6,000 - ₹ 8,000 ₹ 8,000 - ₹ 15,000
Transport ₹ 1,500 - ₹ 2,000 ₹ 2,000 - ₹ 5,000 ₹ 5,000 - ₹ 7,000
Utilities ₹ 1,200 - ₹ 2,500 ₹ 2,000 - ₹ 3,000 ₹ 2,000 - ₹ 3,000
Schooling of children NA NA ₹ 6,000 - ₹ 24,000

What Are the Factors That Determine the Cost of Living in Bangalore?

There are several factors on which the cost of living in Bangalore depends upon. Let us take a look at those factors –

1. Accommodation

In one of his famous songs, Elvis Presley mentioned, "Home is where the heart is", and Bangalore certainly rewards your heart with a lot of options. The table below shows the price range of renting a living space in Bangalore.

Classification of Rentals Price Range
1 BHK ₹ 11,000 - ₹ 18,000
2 BHK ₹ 12, 000 - ₹ 25,000
3 BHK ₹ 27, 000 - ₹ 44,000
Paying Guest ₹ 6,000 - ₹ 20,000

Furthermore, the approximate cost to buy and rent in the most affordable and posh areas is mentioned in the following table -

Location Category Rent Per Month Buying Cost Per sq.ft
Nagawara Affordable ₹ 8,000 ₹ 4,500
Tavarekere Affordable ₹ 9,000 ₹ 6,000
Ejipura Affordable ₹ 10,000 ₹ 6,000
Doddanekundi Affordable ₹ 12,000 ₹ 5,200
Basavanagudi Posh ₹ 13,000 ₹ 10,000
Indira Nagar Posh ₹ 15,000 ₹ 10,000
Electronic City Posh ₹ 16,000 ₹ 6,500
Whitefield Posh ₹ 17,000 ₹ 8,000
Hebbal Posh ₹ 17,000 ₹ 5,000

2. Transport

Bangalore is undoubtedly not the cheapest city. However, it is not the most expensive city to live in. Therefore, transport really plays a vital role in determining the cost of living in Banglore for every individual.

Category Approximate Cost
One-way ticket (public transport) ₹ 50
Monthly pass (public transport) ₹ 1,500
Price of diesel (as of 17th February) ₹ 85.01 per litre
Price of petrol (as of 17th February) ₹ 100.58 per litre
Rental bikes and scooters ₹3 - ₹ 5 per km
Cabs (minimum cost) ₹ 75 per 4 km

3. Groceries

For someone who is living on their own, the cost of groceries plays a crucial role in deciding the average cost of living in Bangalore. A generalised grocery list costs around ₹ 1,000 to  ₹ 6,000 every month for a single person.

Grocery Price
Milk (regular), (1 litre) ₹ 33 – ₹ 55
Fresh Bread (500g) ₹ 25– ₹ 40
Rice (white), (1kg) ₹ 45 – ₹ 67
Eggs (regular) (1 dozen) ₹ 60
Local Cheese (1kg) ₹ 250 – ₹ 800
Chicken 1 kg (boneless) ₹ 135 – ₹ 360
Apples (1kg) ₹ 100 – ₹ 210
Banana (1kg) ₹ 40 – ₹ 80
Oranges (1kg) ₹ 50 – ₹ 100
Tomato (1kg) ₹ 20 – ₹ 40
Potato (1kg) ₹ 20 – ₹ 40
Onion (1kg) ₹ 20 – ₹ 40
Lettuce (1 head) ₹ 43

4. Utilities

 

Depending on the place you stay, utilities cost starts from ₹ 1,100 and goes up to ₹ 3,700 per month. An approximate ₹ 2,000 is the cost for heating, electricity, cooling, garbage and water every month.

Monthly Utilities Price
Basic (heating, cooling, electricity, water) for a house ₹ 2500 – ₹ 3000
Prepaid mobile bill ₹ 200 – ₹ 500
Internet for cable, ADSL, unlimited data ₹ 500 – ₹ 1500

5. Entertainment

 

After a hectic day, everyone needs to unwind. Whether you go to a restaurant for a meal or a bar for a few drinks, it costs money.

Area of Expense Approximate Cost
1 month gym membership ₹ 1,600
1 morning cappuccino ₹ 130
Tennis court rent for 1 hour ₹ 100 - ₹ 600
Cinema (1 seat) ₹ 150 - ₹ 200
Meal in an affordable restaurant (1 person) ₹ 100 - ₹ 450
Three-course meal in a mid-range restaurant ₹ 600 - ₹ 2,500
McMeal at McDonalds ₹ 250 - ₹ 400

6. Childcare

Apart from all the factors, the cost of living in Bangalore also depends on childcare. Individuals can also hire a nanny at ₹ 8,000 per month.

Schools and Childcare Price
Preschool or kindergarten, full day, private, monthly for 1 Child ₹ 2,500 – ₹ 10,000
Primary schools ₹ 3,000 – ₹ 10,000
International primary school, yearly for 1 child ₹ 75,000 – ₹ 200,000

This is the basic cost of living in Bangalore for a bachelor, couple and family. Furthermore, Bruhat Bengaluru Mahanagara Palike or BBMP provides the citizens of Bangalore with free water, stable electricity connection, well-connected bus transport system, etc.

Frequently Asked Questions

Is Bangalore an expensive city to live in?

Mercer's '2020 Cost of Living Survey’ states that Bangalore stands fourth in the list of most expensive cities in India.

How much does a nanny cost in Bangalore?

You can hire a nanny to take care of your kids at ₹ 8,000 per month.