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    What Is the Cost of Living in Pune?

    pune costofliving
    (source: javitour)

    Pune is the second-largest city in the state of Maharashtra. However, the cost of living in Pune varies from region to region. The average cost of living in Pune is slightly lower than that in Delhi, but it is higher than that of a number of cities in southern India.

    In this article, we have summed up the approximate cost of living in Pune for a bachelor, couple, student, and a family of four.

    How Much Does It Cost to Live in Pune?

    The table below shows the approximate cost of living in Pune for a couple, bachelor and a family –
    Area of Expense Bachelors and Students Couples Family of Four (2 Adults + 2 Kids)
    Rent ₹ 15,000 - ₹ 20,000 ₹ 15,000 - ₹ 30,000 ₹ 20,000 - ₹ 40,000
    Groceries ₹ 2,000 - ₹ 5,000 ₹ 8,000 - ₹ 15,000 ₹ 9,000 - ₹ 20,000
    Transport ₹ 3,000 ₹ 3,000 - ₹ 12,000 ₹ 4,000
    Schooling of children NA NA ₹ 3,000 - ₹ 12,000
    `

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

    There are several factors that determine the cost of living in Pune. These factors include the cost of housing, utilities, groceries, transportation, etc. Let us take a look at those factors –

    1. Accommodation

    The price for buying or renting a decent living space depends on the area you are staying in and the housing type. Furthermore, individuals should consider the money they have to pay a security deposit once they plan to own or rent a property in Pune.

    Classification of Accommodation

    Approximate Rent Per Month

    Approximate Cost for Buying a Property

    1 BHK

    ₹ 8,000 - ₹ 17,500

    ₹ 35 lakhs

    2 BHK

    ₹ 17,500 - ₹ 25,000

    ₹ 75 lakhs

    3 BHK

    ₹ 25,000 - ₹ 60,000

    ₹ 1.5 crores

    Paying Guest

    ₹ 6,500 - ₹ 15,000

    NA

    The top affordable and posh areas to live in Pune are mentioned in the table below –

    Posh Areas in Pune

    Affordable Areas in Pune

    Areas with Paying Guest Accommodation

    Koregaon Park

    Waghori-Bakori

    Kharadi

    Kothrud

    Bhugaon

    Narhe

    Shivaji Nagar

    Pune-Mumbai Expressway

    Baner

    Magarpatta area

    Undri-Pisoli

    Karve Nagar

    Ashok Nagar

    Hadapsar

    Wadgon Sheri

    Sangamwadi

    Katraj

    Tahawada

    Viman Nagar

    Akurdi

    Wakad

    2. Transport

    The monthly pass for transportation in public vehicles will cost around ₹ 580 to ₹ 1,500. Recently, Prime Minister Narendra Modi inaugurated the foundation for the third metro line between Hinjewadi and Shivaji Nagar. This will help the residents avoid jams and save time and money spent on transportation.

    Fuel Cost/Transportation Service

    Approximate Cost

    One-way ticket (public transport)

    ₹ 28

    Monthly pass (public transport)

    ₹ 1,500

    Price of diesel (as of 20th April)

    ₹ 102.68 per litre

    Price of petrol (as of 20th April)

    ₹ 119.97 per litre

    Rental bikes and scooters

    ₹ 3 - ₹ 5 per km

    Cabs (minimum cost)

    ₹ 6 per km

    (1)(2)

    3. Groceries

    Individuals cooking their own food tend to save a lot of money. In this regard, Pune offers its residents numerous local markets and supermarkets from where you can buy the items of your daily needs. However, the cost of grocery items is considerably higher than most of the urban cities in India.

    Grocery Items

    Approximate Cost

    Milk (regular) (1 litre)

    ₹ 57

    Fresh Bread (500g)

    ₹ 38

    Rice (white) (1kg)

    ₹ 58

    Eggs (regular) (1 dozen)

    ₹ 75

    Local Cheese (1kg)

    ₹ 440

    Chicken 1 kg (boneless)

    ₹ 248

    Apples (1kg)

    ₹ 177

    Banana (1kg)

    ₹ 50

    Oranges (1kg)

    ₹ 82

    Tomato (1kg)

    ₹ 36

    Potato (1kg)

    ₹ 30

    Onion (1kg)

    ₹ 33

    Lettuce (1 head)

    ₹ 46

    [1] [2]

    4. Utilities

    The money spent on utilities like electricity bills, gas supply, internet connection, and many more plays an important role in deciding the expenses for living in Pune. However, the cost of electricity is lower in Pune than in Mumbai.

    Monthly Utilities

    Approximate Cost

    Basic (heating, cooling, electricity, water) for a house

    ₹ 2,000 – ₹ 3,000

    Prepaid mobile bill

    ₹ 200 – ₹ 500

    Internet for cable, ADSL, unlimited data

    ₹ 500 – ₹ 1,500

    5. Entertainment

    Pune offers various options for entertainment and relaxation, such as fancy restaurants, weekend trips, and cinema halls.

    Area of Expense

    Approximate Cost

    1 month gym membership

    ₹ 600 - ₹ 3,000

    1 morning cappuccino

    ₹ 60 - ₹ 250

    Tennis court rent for 1 hour

    ₹ 200 - ₹ 1,000

    Cinema (1 seat)

    ₹ 200 - ₹ 400

    Meal in an affordable restaurant (1 person)

    ₹ 100 - ₹ 400

    Three-course meal in a mid-range restaurant

    ₹ 600 - ₹ 1,500

    McMeal at McDonald's

    ₹ 250 - ₹ 350

    6. Childcare and Schooling

    The monthly tuition fees paid for the schooling of the kids add up a significant figure in the cost of living in Pune for a family of four.

    Schools and Childcare

    Price

    Preschool or kindergarten, full-day, private, monthly for 1 child

    ₹ 7,500

    International primary school, yearly for 1 child

    ₹ 1,57,000

    Therefore, these are all the information related to the cost of living in Pune for an individual. Although the monthly expenses in Pune are a bit higher than many top cities in India, the city offers you more than you pay. Moreover, with a little bit of management in the lifestyle and standard of living, one can even save a lot of money from their monthly salary.

    Frequently Asked Questions

    Is Pune more expensive to live in than Bangalore?

    When compared with Bangalore, the cost of living in Pune is a bit less.

    When compared with Bangalore, the cost of living in Pune is a bit less.

    Why is Pune expensive?

    Owing to the high cost of transportation and rent of housing spaces, Pune is more expensive than many cities in India.

    Owing to the high cost of transportation and rent of housing spaces, Pune is more expensive than many cities in India.

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    Important Articles about Cost of Living in Different Cities

    Cost of Living in Delhi

    Cost of Living in Bangalore

    Cost of Living in Mumbai

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    Cost of Living in New York

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    Cost of Living in Ahmedabad

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    Cost of Living in Dublin

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    Disclaimer: This information is added only for informative purposes and collected from different sources across the Internet. Digit Insurance is not promoting or recommending anything here. Please verify the information before making any decisions.

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    Last updated: 2023-03-23

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