If you’re choosing to move to any city, one of the greatest factors to consider is the cost of living in a city of residence. Let’s know the cost of living in Pune and Banglore before deciding.
Before choosing to move to another city, factors such as the cost of the property, lifestyle, food, drink, and transportation make up the city’s cost of living. As a result, living costs impact a person’s salary package. One can decide by listing all these factors and seeing what you can live with as you make your decision that can radically change your life.
India is a country that has had its fair share of controversy but is deemed to have one of the fastest-growing in developing, with experts believing it is well-positioned for future growth.
Comparing the cost of living in Bangalore vs Pune will help you understand the expenses for accommodation, food, petrol, mobile, cabs, fruits, liquor, wine, local transportation, and education fee. Pune’s cost of living index is 27.21, whereas Bangalore’s is 27.69.
These parameters and the cost of living index will help you understand and maintain your lifestyle. The cost of living also depends on whether you are alone, with friends, with family, or as a couple. Let’s understand in detail.
Cost of Living in Pune
Being the second-largest city in Maharashtra, Pune is a good place to live. The cost of living here depends on how and where you want to live. You can live in expensive places in Pune, but if you plan to stay a little further from the main town, you can significantly cut your expenses.
Average Rent in Pune for an Apartment
The locations, transportation facilities, local social and physical services, and amenities provided to you impact your home’s rental price. If you are alone, you must pay for a guest accommodation option in Pune, which can cost you around Rs 7,000 – Rs 15,000 per month.
For students and if you are looking for a 1BHK, it will cost you around Rs 5,000 -1,000 per month. But it depends upon the location. The 2BHK will cost you around ₹17,000 – ₹25,000, and for 3BHK, you have to pay ₹25,000 – ₹60,000.
Regarding monthly utility prices, basic requirements like electricity, heating, cooling, water, and garbage will cost you around ₹2000 – ₹3000. Similarly, Internet for (Unlimited Data, Cable/ADSL) may cost you ₹500 – ₹1500, and for prepaid Mobile tariff local, you have to pay ₹200 – ₹500.
This cost will include expenses for school fees, cook/maid, food, clothing, maintenance charges of the flat, and other lifestyle-related expenditures. If your family has three/four members, then you have to spend Rs 25,000 – Rs 35,000 per month, depending upon how extravagant your living standard is.
If you are a bachelor or student, you can choose a mess that would cost you Rs 2500 to 4500 a month. Having breakfast or a restaurant meal will cost you about Rs. 100 to 500, depending on the type of restaurant.
If you travel in your vehicle, you must spend on fuel, which may vary depending on the distance you travel and the fuel rate. You can opt for various public transportation options, and the monthly bus pass will cost you from Rs 1000 to Rs 3000 per month.
Considering the cost of living in Pune vs Bangalore, you can find which suits you best.
Cost of Living in Bangalore
Average Rent in Bangalore for Apartments
A bachelor or a student in Bangalore can stay in a 1 BHK apartment, paying guests or hostels. The renters provide electricity, water, wi-fi, etc. Staying in a paying guest will cost you around 6,000 – 16,000.
For families, you can find several 2BHK, 3BHK, 4BHK, and even larger units, including villas. For 2BHK, it can vary from 16,000 – 35,000. The rent can vary depending on the distance from commercial establishments, amenities provided, etc. you have to pay 22,500 – 50,000 for a 3BHK apartment.
Cost of Transportation
There is a wide range of transportation options in the city, which helps to bring down the living expenses for bachelors, students, and students. You can opt for BMTC buses and metro services as the easiest mode of transportation. The bus ticket will cost INR 15-50. For a monthly pass, you must pay INR 1,100 for normal buses and INR 3000 for AC buses.
Cost of Utilities
In Bangalore, the household costs of utilities include water, electricity, and garbage disposal. In a single-bedroom house on rent, you have to pay INR 200 – 300 for water, INR 500 for the garbage disposal, INR 1,000 –2000 for electricity, and INR 500 – 1,500 per month, for Internet, cellular recharge, and wi-fi services.
For families, it will be a little bit higher depending upon the number of kids or elderly in the family, requiring higher consumption of utilities.
Bangalore offers many of the best places, from pocket-friendly places to luxurious clubbing experiences. For groceries shopping, you have many options, from the local roadside vendor, kirana store, to the frequent supermarket and online options like BigBasket, Flipkart, etc.
For bachelors and students who can’t cook, a meal in a medium-priced restaurant costs anywhere INR 200 – 1,500. If you have a four-member family, you must pay around Rs. 35,000 to Rs. 40,000 per month in Bangalore.
As discussed above, the accommodation of a co-living space will be much better for a bachelor. You need to choose a good option to get an amazing housing experience. It completely depends upon your need.
For some, the expenses may be more, but if you look at the city’s best options, you will get a reasonable option. The best part of comparing the cost of living in Pune Vs. Bangalore is where you will get the professional and best places to live.
Furthermore, you will enjoy the best lifestyle.
What is the average cost of living in Bangalore for a bachelor?
As the rent of a 1BHK apartment ranges between INR 7,000 to 13,000, including other expenditures like transportation, utilities, and food, the living cost in Bangalore for a bachelor will be around INR 15,000 to 25,000.
Which is the best place to live, Bangalore or Pune?
Depending on your specific needs and preferences, both cities are best to live in.
Is living in Pune costly?
The total cost of living is around ₹30000 in Pune for one person. It includes the cost of accommodation, transportation, food, entertainment, etc.
Which is more expensive to live Pune or Bangalore?
The survey report shows that the cost of living in Bangalore is 8% more expensive than in Pune.