Last updated on January 5th, 2024 at 10:34 am

Updated On: 04th, January 2024

Being the capital city of the state of Karnataka, Bangalore, also known as Bengaluru, is one of the major cities in India which attracts the major portion of population from all across the country.

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Hub f Popular for its rich culture and heritage, the city of Bangalore is also known for its amazing food and lifestyles which it offers to its migrants.

As it is renowned as the IT hub of India, thousands of job seekers, students, and families relocate here in search of a better standard of living and amazing job opportunities. Bangalore is one of the fastest growing cities in the country with the availability of best career opportunities, healthcare facilities, wonderful educational institutions, and excellent verdure for the people planning to move to this city.

If you too are planning to shift alone or with your family to Bangalore, it is always better to know about the expenses of staying in this city. When we compare Bangalore to other metro cities in India, it is generally much more affordable. There are multiple factors which will constitute the cost of living in Bangalore like food, education, accommodation, transportation facilities, and many more. So, before actually planning your move to this city, let’s have a look at the expenditures which you need to incur while you live in this city.

Cost of Living in Bangalore

Factors Bachelors Couples Families
Accommodation Rs. 5,000 – 15,000 Rs. 15,000 – 25,000 Rs. 20,000 – 30,000
Groceries Rs. 1,000 – 2,500 Rs. 1,500 – 5,000 Rs. 2,000 – 10,000
Transport Rs. 1,200 – 1,500 Rs. 1,500 – 2,500 Rs. 1,800 – 3,000
Utilities Rs. 1,000 – 2,000 Rs. 1,500 – 3,000 Rs. 2,000 – 4,000
Entertainment Rs. 3,000-7,000 Rs. 3,500 – 5,000 Rs. 2,500 – 6,000
Shopping Rs. 3,000-5,000 Rs. 4,000 – 6,000 Rs. 4,500 – 7,000
Kids Schooling Nil Nil Rs. 5,000 – 15,000

Accommodation

Accommodation is the one of the biggest and the most important factors that affects the cost of living in Bangalore. It totally depends on the budget, requirements and lifestyle which a person or family chooses for themselves. The location in Bangalore a migrant is going to pick for accommodation is also a deciding factor based on which the cost of living will vary. Though 2 BHK and 3 BHK are popular accommodation setups for the people looking for a rented accommodation, people can also find a good number of smaller accommodations such as 1RK, 1BHK and much larger ones like 4BHK and 5BHK at best prices in Bangalore. The location, size of the property, and necessities offered will decide the final cost of living in the city of Bangalore.

Accommodation

Students and job seekers mostly choose a rented accommodation like a PG which is nearby to their educational institutions or place of work respectively to save money on transportation. The cost of living in a PG is somewhere between Rs. 4,000 to Rs, 10,000 inclusive of food. For the bachelors or students who wish to stay alone, they can rent a apartment which will cost between Rs. 7,000 to Rs. 12,000.

Couples and families often prefer to buy 2 BHK flat in Bangalore of which the rent will range between Rs. 12,000 to Rs. 18,000 per month depending on the location. The cost of living in tech parks is much more expensive ranging from Rs. 10,000 to Rs. 5,00,000. Therefore, it is better to decide where you want to live depending on your pocket size to lead a comfortable and budgeted life.

Best Areas for Accommodation in Bangalore

Posh Areas in Bangalore Affordable Areas in Bangalore PG Areas in Bangalore
Indira Nagar Banaswadi BTM Layout
Marathahalli Hennur SG playa
Malleswaram Hebbal Whitefield
Hebbal Kuundalahalli Mrahathalli
Jayanagar Doddanekundi Hoodi
Whitefield Nagwara HSR Layout
HSR Yelahanka Manyata
Electronic City R.T.Nagar Nagawara
Koramangala Peenya JP Nagar
Basavanagudi Ejipura Electronic City

Cost of Renting in Bangalore

Size of the apartment Rental cost
1 BHK Rs. 7,000 – Rs. 10,000
2 BHK Rs. 10,000 – Rs. 20,000
3 BHK Rs. 12,000 – Rs. 25,000
Paying Guest (PG) Rs. 5,000 – Rs. 15,000

Cost of Buying Property in Bangalore

Areas in Bangalore Average Price Per Sqft.
HSR layout Rs. 12,264.02 / sqft
Whitefield Rs. 8,196.71 / sqft
Electronic City Phase 1 Rs. 7,961.32 / sqft
RR Nagar Rs. 10,482.38 / sqft
Koramangala Rs. 19,127.7 / sqft
Indira Nagar Rs. 14,337.64 / sqft
Marathahalli Rs. 9,0.89 / sqft
Begur Rs. 8,790.99 / sqft
Hebbal Rs. 12,748.85 / sqft
BTM Layout Rs. 70,450.27 / sqft
Kalyan Nagar Rs. 14,775.41 / sqft
Rajajinagar Rs. 33,151.88 / sqft
Brookefield Rs. 10,290.47 / sqft
CV Raman Nagar Rs. 11,191.32 / sqft
Banaswadi Rs. 8,578.26 / sqft
Chandapura Rs. 5,199.6 / sqft
Ramamurthy Nagar Rs. 7,493.05 / sqft
ITPL Rs. 10,71.29 / sqft

Food

Food forms a significant part when it comes to calculating the cost of living in Bangalore. Students and job seekers prefer to go for PGs which offers food; and couples and families like to either hire cooks for them or prefer to cook by themselves. The cost eating food from outside in Bangalore ranges from Rs. 1,000 to Rs. 4,000 monthly. The food expenses will totally depends on the way to choose.

Food Items
Food Items Prices (Rs.)
Meal [Affordable restaurant]K Rs. 100 – Rs.400
Meal for 2 [Average restaurant] Rs. 500 – Rs. 2,000
Domestic Beer Rs. 100 – Rs. 300
Imported Beer Rs. 150 – Rs. 400
Tea / Coffee (Regular) Rs. 100 – Rs. 200
Soft drinks Rs. 20 – Rs. 100
Water Rs. 10 – Rs. 30
Monthly cook cost for a couple Rs. 1,000 – Rs. 3,000
Monthly dining out cost a couple Rs. 1000 – Rs. 4000

Groceries

When you have planned or decided to set up your own kitchen in your new house or PG, groceries is something without which you cannot set up a complete kitchen. They can be purchased from food malls and grocery stores at a much reasonable price. The cost of buying groceries for people who mostly eat from outside is Rs. 500 to Rs. 1,000 and for those who would cook at home ranges from Rs. 1,000 to Rs. 5,000.

Groceries

Utility Services

Utility services are another important thing which must be included to calculate the final cost of living in the city of Bangalore. These are essential services which are required by every individual or family to lead a comfortable life such as electricity, water supply, internet connection, DTH facility, etc. You can reduce the consumption of utility services to decrease the cost of living to some extent. The monthly expense on utility services will be around Rs. 500 to Rs. 5,000 depending on the usage.

Utility Services
Monthly utilities Cost (Rs.)
Electricity, Heating, Cooling, Water for a house Rs. 2,000 – Rs. 4,000
Prepaid Mobile Tariff (Local) Rs.300 – Rs. 800
Internet (Unlimited Data, Cable/ADSL) Rs. 500 – Rs. 2,000

Transportation

Bangalore offers an extensive range of transport facilities to its migrants such as buses, metros, cabs, and more to make their life easy-going and comfortable. Metros and BMTC bus service are the most affordable modes of transportation in commuting in Bangalore. There are private cab services like UBER, OLA, and others which are slightly higher in prices but easily available on your fingertips to save time. But, if you wish to reduce this cost in your overall living expenditure, then it is better to commute by your own cars and bikes. The cost of travelling in metro is Rs. 10 to Rs. 80 and the cost of monthly bus pass is Rs. 1,000 to Rs. 2,000.

Transportation facility Prices (Rs)
One-way ticket (Buses) Rs. 20 – Rs.50
Monthly Pass Rs. 1,000 – Rs. 2,000
Taxi tariff (one side) Rs. 100 – Rs. 500
Maximum Metro Train Ticket Rs. 60
Petrol (Per litre) Rs. 80
Diesel (Per litre) Rs. 70

Schooling for kids

Bangalore is home to some of the best schools and educational institutions for kids. The cost of schooling in Bangalore depends on the location, type of school, and the facilities offered there. You can find both international as well as public schools in the city with all the necessary facilities offered by them at different prices. So, it’s up to you, which school falls in your budget or which schools you find the best for your little one. The fees for Kindergarten fall between Rs. 3,000 to Rs. 15,000 and the cost of international schools is approximately Rs. 1 lakh per year.

Schooling for kids
Childcare & Schools Price (Rs.)
Preschool or Kindergarten for single child Rs. 3,000 – Rs.10,000 (monthly)
Primary schools for single child Rs.4,000 – Rs. 12,000 (quarterly)
International Primary School for single child Rs. 50,000 – Rs. 2,00,000 (yearly)
The Ending Note

Considering these above factors, you can estimate the cost of living in Bangalore based on your needs and preferences. Depending on whether you are moving to this city alone or with your family, you can finally prepare an estimate of the cost of living in Bengaluru and plan a budget-friendly move based on the above Bangalore city information. Hope you have a safer and affordable living in Bangalore!

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