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What is the cost of living for a bachelor in Mumbai?

Posted on August 22, 2021 by Author

Table of Contents

  • 1 What is the cost of living for a bachelor in Mumbai?
  • 2 What is the cost of living for a student in Mumbai?
  • 3 What is the average monthly expenses for a single person in India?
  • 4 Is Mumbai more expensive than Delhi?
  • 5 Which is cheapest city in India?
  • 6 What is good salary India?
  • 7 How much does it cost to rent an apartment in Mumbai?
  • 8 How much does it cost to buy a 1BHK property in Mumbai?

What is the cost of living for a bachelor in Mumbai?

The average expenditures for bachelors living in Mumbai can be approximately Rs. 20,000 – 30,000 every month and that for couples can be Rs. 30,000 – 50,000. More the number of people more will be the needs and higher will be the expenses.

What is the cost of living for a student in Mumbai?

5000-12000 per month in areas like Navi Mumbai, Thane, etc. to as high as Rs. 30000-50000 in areas like South Mumbai, Juhu, etc. For students and Bachelor’s, Mumbai offers various options of PG’s and shared accommodations too. Rents for PG’s and sharing flats can cost around Rs.

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What is the average monthly expenses for a single person in India?

Summary: Family of four estimated monthly costs are 1,103$ (83,099₹) without rent. A single person estimated monthly costs are 316$ (23,803₹) without rent.

How much should monthly living expenses be?

The Average Monthly Expenses of an American Is: $5,102 One consumer unit spends an average of $5,102 every month in 2018. That implies that the average budget for an American is $61,224 and is a 1.9\% increase from the previous year.

Is enough salary to live in Mumbai?

What salary is needed to live comfortably in Mumbai? Depending upon the standard of living, your average salary should be Rs 40,000 – Rs 60,000 per month.

Is Mumbai more expensive than Delhi?

Mumbai is the most expensive among Indian cities surveyed, followed by New Delhi (101st globally) and Chennai (143rd globally). Bengaluru (171) and Kolkata (185) are the least expensive Indian cities in the rankings, the survey said.

Which is cheapest city in India?

Ahmedabad, the largest city in India’s Gujarat state, is the seventh cheapest city to live in the world as per the latest Worldwide Cost of Living 2021 report prepared by the Economist Intelligence Unit (EIU). Syria’s capital Damascus led the list as the most cheapest city to live in.

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What is good salary India?

The place where you are living and your living standard are two of the most important factors that define a good salary. If we talk on average considering all the factors then it comes out to be around Rs 30,000 per month is a good salary with the average standard of living.

How much does it cost to live in Mumbai per month?

Four-person family monthly costs: 1,276.77$ (90,570.78Rs) without rent (using our estimator). A single person monthly costs: 366.69$ (26,012.32Rs) without rent. Cost of living index in Mumbai is 70.75\% lower than in New York. Cost of living rank 318 th out of 356 cities in the world. Mumbai has a cost of living index of 29.25.

What is the average salary of a student in Mumbai?

Mumbai provides you with various options ranging from as low as Rs. 5000-12000 per month in areas like Navi Mumbai, Thane, etc. to as high as Rs. 30000-50000 in areas like South Mumbai, Juhu, etc. For students and Bachelor’s, Mumbai offers various options of PG’s and shared accommodations too.

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How much does it cost to rent an apartment in Mumbai?

A movie ticket costs Rs 300 per person while eating out in a budget hotel may cost Rs 300 – Rs 500 per person. Average rent and buying price: If you want to rent a 2BHK apartment in Mumbai, a little away from the city center or in the suburbs, you have to spend around Rs 40,000-50,000 per month.

How much does it cost to buy a 1BHK property in Mumbai?

If you wish to buy a 1BHK property in Mumbai, it will cost you around Rs 80 lakhs – Rs 1.5 crores, depending upon the location and quality of construction. You may need to shell out more, if you want to stay closer to the city. Household cost: The usual cost will include maintenance charges, cook/maid salary, electricity and Wi-Fi bill, etc.

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