Cost of Living in Bangalore 2023 for Families, Couples, and Bachelors
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.
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.
Table of Contents
Cost of Living in Bangalore
|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 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.
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|
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 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||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|
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.
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.
|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|
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.
|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)|
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!