Rent and Cost of living in bangalore ?
Addressofchoice 02 January 2025Bangalore, often referred to as the "Silicon Valley of India," offers a range of living costs influenced by factors such as accommodation type, location, lifestyle, and personal preferences. Here's an overview of the estimated monthly expenses as of January 2025:
Accommodation:
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1 BHK Apartment:
- City Center: ?20,000 – ?35,000 per month.
- Outside City Center: ?10,000 – ?20,000 per month.
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2 BHK Apartment:
- City Center: ?35,000 – ?60,000 per month.
- Outside City Center: ?20,000 – ?40,000 per month.
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Paying Guest (PG) Accommodations: ?6,000 – ?20,000 per month, varying based on amenities and location.
Utilities:
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Basic services, including electricity, heating, cooling, water, and garbage disposal, typically cost between ?2,500 – ?3,000 per month for a standard household.
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Internet services range from ?500 – ?1,500 per month, depending on the plan and provider.
Groceries:
- Monthly grocery expenses can vary from ?4,000 – ?8,000 for a single person, depending on dietary habits and shopping preferences.
Transportation:
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Public Transport:
- A one-way ticket on public transport costs approximately ?50.
- Monthly passes are available starting at ?1,500.
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Fuel Prices:
- As of February 2024, petrol is priced at around ?100.58 per liter, and diesel at ?85.01 per liter.
Overall Monthly Expenses:
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Single Individual: ?25,000 – ?45,000, including rent, utilities, groceries, transportation, and miscellaneous expenses.
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Couples: ?45,000 – ?65,000, encompassing higher accommodation costs and combined living expenses.
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Family of Four: ?60,000 – ?90,000, accounting for larger housing, increased utility usage, groceries, education, and other family-related expenditures.
Additional Considerations:
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Childcare and Education:
- Preschool or kindergarten fees range from ?2,500 – ?10,000 per month.
- International primary schools may charge between ?75,000 – ?2,00,000 annually.
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Entertainment and Dining Out:
- Dining at mid-range restaurants can cost approximately ?2,500 for a meal for two.
- Monthly entertainment and leisure activities might add an extra ?5,000 – ?10,000 to the budget.
Please note that these figures are approximate and can vary based on individual lifestyle choices, economic fluctuations, and personal spending habits. It's advisable to conduct personalized research and budgeting to obtain a more accurate estimate tailored to your specific circumstances.
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