What Is the Cost of Living in Hyderabad?
Hyderabad, the capital of Telangana, is also called the 'City of Nawabs’. This city has ranked in the list of best cities to reside in India. The cost of living in Hyderabad depends on various factors such as an individual’s lifestyle, job profile and habits.
Therefore, before moving to Hyderabad, one must know the average cost of living in Hyderabad in order to manage their expenses and save some money as well.
How Much Does It Cost to Live in Hyderabad?
There are several parameters on which the cost of living in Hyderabad for a bachelor, student, couple and a family of four depend. These parameters include accommodation cost, transportation, utilities, groceries, etc.
The table illustrated below shows the approximate money spent on these factors –
| Area of Expense | Bachelors and Students | Couples | Family of Four (2 Adults + 2 Kids) |
| Accommodation | ₹ 4,000 - ₹ 9,500 | ₹ 12,000 - ₹ 28,000 | ₹ 12,000 - ₹ 38,000 |
| Groceries | ₹ 1,000 - ₹ 2,500 | ₹ 2,000 - ₹ 5,500 | ₹ 2,500 - ₹ 11,000 |
| Transport | ₹ 1,000 - ₹ 2,000 | ₹ 1,500 - ₹ 3,500 | ₹ 1,500 - ₹ 4,000 |
| Utilities | ₹ 1,200 - ₹ 2,500 | ₹ 2,000 - ₹ 3,500 | ₹ 2,000 - ₹ 3,500 |
| Entertainment | ₹ 4,000 - ₹ 7,000 | ₹ 2,000 - ₹ 7,000 | ₹ 2,000 - ₹ 8,000 |
| Kids’ Schooling | NA | NA | ₹ 3,000 - ₹ 18,000 |
What Are the Factors That Determine the Cost of Living in Hyderabad?
The several factors that decide the cost of living in Hyderabad per month are –
1. Accommodation
Paying for the rent or buying a living space once you move to a new city is the most significant expense an individual faces. Finding a decent home for yourself can be tiring; however, you can find a comfortable and suitable home in Hyderabad that suits your budget with a little bit of research. The approximate cost for buying a living space in Hyderabad is ₹ 5,711 per sq. ft. Furthermore, students can opt for living as paying guests in areas such as Gachibowli, Kondapur, Gowlidoddy, Madhapur, etc.
| Classification of Accommodation | Approximate Rent per Month |
|---|---|
| 1 BHK | ₹ 9,000 - ₹ 20,000 |
| 2 BHK | ₹ 20,000 - ₹ 38,000 |
| 3 BHK | ₹ 25,000 - ₹ 45,000 |
| Paying guest (PG) | ₹ 5,000 - ₹ 18,000 |
Best Areas to Live in Hyderabad
The table below best affordable and posh areas to reside in Hyderabad –
| Posh Areas | Affordable Areas |
|---|---|
| Banjara Hills | Madhapur |
| Jubilee Hills | Begumpet |
| Gachibowli | Somajiguda |
| Manikonda | Ameerpet |
| Nallagandla | Uppal |
| Kukatpally | Kompally |
| Miyapur | Nizampet |
2. Transport
Hyderabad has an efficient public transport service that is readily available. This saves a lot of time and money.
The table below illustrates the approximate cost of transportation in Hyderabad –
| Category | Approximate Cost |
|---|---|
| One-way ticket (public transport) | ₹ 33 |
| Monthly pass (public transport) | ₹ 1,000 |
| Taxi (normal tariff) | ₹ 50 |
| Taxi per km (normal tariff) | ₹ 20 |
| Price of petrol (as of 25th April 2022) | ₹ 115.1 |
| Price of diesel (as of 25th April 2022) | ₹ 99.83 |
| Rental bikes and scooters | ₹3 - ₹ 5 per km |
| Cabs (minimum cost) | ₹ 10 - ₹ 13 per km |
3. Groceries
All the things of daily household needs are readily available in the local Kirana shops in Hyderabad. Furthermore, several grocery delivery apps deliver these household essentials at the doorstep.
The table below shows the approximate cost of some basic grocery items –
| Grocery | Price |
|---|---|
| Regular milk (1 litre) | ₹ 60 |
| Fresh white bread (1 loaf) | ₹ 40 |
| Rice (1 kg) | ₹ 52 |
| Regular eggs (1 dozen) | ₹ 70 |
| Local cheese (1 kg) | ₹ 504 |
| Chicken fillets (1 kg) | ₹ 256 |
| Apples (1 kg) | ₹ 184 |
| Bananas (1 kg) | ₹ 45 |
| Oranges (1 kg) | ₹ 79 |
| Tomato (1 kg) | ₹ 35 |
| Potato (1 kg) | ₹ 31 |
| Onion (1 kg) | ₹ 33 |
| Lettuce (1 head) | ₹ 54 |
4. Utilities
A small portion of an individual's expense goes into utilities such as electricity bills, internet connection, gas supply, phone bill, internet, TV, etc. However, the bills can go a bit up if you live in a society. These bills depend on the type of accommodation you are living in and your locality.
| Utility | Approximate Cost |
|---|---|
| Basic heating, electricity, water, cooling, garbage | ₹ 2,180 |
| Local prepaid mobile tariff (1 min) | ₹ 1 |
| Unlimited internet | ₹ 707 |
5. Entertainment
Entertainments play a very essential role in an individual's life. The city offers a lot of options for everyone to chill and relax after a long, hectic day of work and studies.
| Area of Expense | Approximate Cost |
|---|---|
| 1 month gym membership | ₹ 1,550 |
| 1 morning cappuccino | ₹ 128 |
| Tennis court rent for 1 hour | ₹ 466 |
| Cinema (1 seat) | ₹ 250 |
| Meal in an affordable restaurant (1 person) | ₹ 200 |
| Three-course meal in a mid-range restaurant | ₹ 1,000 |
| McMeal at McDonald’s | ₹ 300 |
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6. Schooling and Childcare
Hyderabad is a metropolitan city and has a number of schools and kindergartens. The monthly tuition fees for these schools depend on the type of school you get your child admitted in. This plays a vital role in deciding the cost of living in Hyderabad.
The table below throws some light on the approximate monthly tuition fees for schools and kindergartens in Hyderabad -
| School and Childcare | Fees Per Month |
|---|---|
| Preschool or kindergarten, full-day, private, monthly for 1 child | ₹ 5,400 |
| International primary school, yearly for 1 child | ₹ 1,89,00 |
Hyderabad is one of the most popular cities in India. Therefore, it is very important to know the cost of living in Hyderabad. The aforementioned data highlights the approximate cost of various expenses in the city of Hyderabad. However, an individual's lifestyle and standard of living is the crucial factor to manage these costs.
Frequently Asked Questions
How much does buying a property cost in Hyderabad?
Purchasing a living space in Hyderabad costs around ₹ 5,711 per sq. ft.
Is the cost of living in Bangalore more than that in Hyderabad?
An individual would have to spend higher amounts to lead a comfortable life in Bangalore than in Hyderabad.