Highlights. Expenses for family in Mumbai is cheaper/expensive than Chennai, and for bachelor/students its affordable to Mumbai Vs Chennai. mumbai Map. Rental Accommodation will burn the biggest hole in your pockets. Mumbai lures these migrants as employment opportunities in the city can assure a better economical and social status. As per Indian government population... ERI's Geographic Assessor software makes it easy to calculate geographic cost of labor differentials for setting branch office salary structures and more. Select your 1 BHK apartments & flats for rent in Mumbai from Owner's & Verified listings Real photos Maps & … This calculation is based on the average rates in the city and is not fixed. The information above is a sample of data available in ERI Economic Research Institute's Relocation Assessor. Breakdown of prices in Mumbai, India for housing, food, transportation, going out for January 2021. The Relocation Assessor includes cost of living differentials for 10,000 areas worldwide and allows for customization based on salary, housing, family size, consumption, services, and travel. Mumbai is 75% cheaper than New York City. Coffee costs: $0.91. This apartment is 100% broker free. Updated Sep 2020 Mumbai, city in India located in Southern Asia. This calculation uses our Cost of Living Plus Rent Index to compare cost of living. Without a doubt, the cost of living in India is lower than anywhere we visited in South America. Like any fast-rising economy in a developing city, the low cost of living attracts expatriates like bees to honey. Other Patents Pending. Patent Numbers US 6,862,596 and 7,647,322. Mumbai provides you with various options ranging from as low as Rs. The average cost of living in Navi Mumbai is $439, which is in the top 9% of the least expensive cities in the world, ranked 8457th out of 9294 in our global list, 16th out of 220 in India, and 4th out of 21 in the Maharashtra.. No Broker guarantee! of the properties listed on the website and are not based on the actual The land prices are high and so are the rental prices. Since it's South Bombay and it's one of the most popular areas, I'll say that a PG in a good locality will start from around 8000. Best Nightlife Localities – Bandra West and Juhu are top locations for nightlife in Mumbai. Kharghar, Mira Road, Thane West, Majiwada, Kalyan West, Kandivali East and West, Majiwada, Ghodbunder Road, Kharegaon, Mira Bhayandar, Badlapur West, Virar, Seawoods, Titwala East, Nalasopara, Borivali, Malad East, Ulwe, Nerul etc are among localities where you can rent a 2BHK unit within Rs 20,000 per month. Schools, Hospitals, Public transportation and : + + 27.9% Accomodation Cost The rent range is depending on the location & age of Flat. A 1 BHK in Juhu would cost around 35,000 to 45,000. 15 49.0138 8.38624 1 0 4000 1 https://productexpert.in 300 0 perfect home because we understand that finding a home is much more than an A family costs: $2,060 per month. If you rent a 1 BHK at Nalasopara or Ambernath at 3500-4000 INR whereas in the Center of the city Peddar Road or Bandra you may have to shell out up to 80,000 INR. This assumes net earnings (after income tax). Map. Mira Road East with as many as 886 listed units, Virar with 549 units and Nalasopara with 434 units are the popular areas when it comes to affordable units on rent in Mira Road and Beyond region. Vashi is on the outskirts of Mumbai and not nearly as expensive or crowded. Monthly rent costs: $545 per month. The average cost of living in Mumbai is $693, which is in the top 32% of the least expensive cities in the world, ranked 6279th out of 9294 in our global list, 2nd out of 220 in India, and 1st out of 21 in the Maharashtra. A single person costs: $918 per month. Search. Security deposits may go up to Rs 50 lakh. 5000-12000 per month in areas like Navi Mumbai, Thane, etc. More Than 9975 1 bedroom flats on rent in Mumbai. Cost of living in Mumbai for couples Average rent and buying price: If you are looking to rent a 1BHK apartment in Mumbai, you may need to shell out Rs 30,000-60,000 per month, depending upon the property size, location, housing society, property type and amenities available. Enter your current city, US zip code, state, or country, Enter a city, US zip code, state, or country to compare. The cost of renting a house and the average cost of living in Mumbai may differ from person-to-person, but the location of your house is something that will set the tone and lifestyle for your entire monthly budget. Across Mumbai, there are 14,501 fully-furnished homes as of February 2018. advantages, Calculated based on presence of neighborhood amenities like Restaurants, Prices and comparisons for the whole range of expenses: food, housing, going out, etc. 6. Cost of Living in Mumbai / Apartments Rent in Mumbai - YouTube Here's a lowdown of the cost of living in Mumbai for Bachelors, Family, and Couples. You would need around 103,622.08₹ in Noida to maintain the same standard of life that you can have with 150,000.00 ₹ in Mumbai (assuming you rent in both cities). Cost of living data are derived from actual housing sales data and extensive research using authoritative online databases for consumables, fuel costs, tax rates, etc. Makaan.com gives no guarantee of the accuracy, reliability and Or browse by: Job City State Country. It is situated at elevation 8 meters above sea level. Mumbai might be a single city but the real estate is scattered and broken down over numerous parts. Mumbai (English: , Marathi: [ˈmumbəi]; also known as Bombay , the official name until 1995) is the capital city of the Indian state of Maharashtra. You can live comfortably at a monthly burn rate of INR 40,000 i.e around $700. If you are looking at popular locations with maximum supply in Central Mumbai, bank on Powai with 2,507 properties, Bhandup West with 715 properties and Chandivali with 647 units on rent. The rental range in top localities where liveability quotient is rated 10 on a scale of 10 include. The cost of living score is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous. A single traveler costs: $1,179 per month. online This Fully furnished 2 BHK apartment with 2 bathrooms in Navi Mumbai, Mumbai is immediately available for rent with a rental of Rs 40,000 per month and 2919 rs maintenance charges. Mumbai Vs Chennai Living Comparison. The median after-tax salary is $577, which is enough to … 30000-50000 in areas like South Mumbai, Juhu, etc. Over 70 per cent of the migration is from other cities of Maharashtra. 8k includes electricity charges. search. The annual rental yield in Mumbai is 3.853055 percent. Beyond Thane, Dombivali with 436 properties on rent, Kalyan West with 165 listings and Dombivali East with 151 properties on rent are the most popular picks. As per the data from our users on costoffling.com website, rental expenses for familyand coupleis $2046for studentsis $664and for bacheloris $390. Security Deposit in Mumbai . Cost of Living / India / Mumbai; Cost of Living Score. Mumbai has a population of 12691836 people. If you are looking at a 2BHK apartment on rent in Mumbai, prices vary from Rs 4,000-60,000 per month depending upon the exact location, type of property, convenience provided, size of the unit etc. call their own. transactions. completeness of any information and data should be verified The cost of food in Mumbai is more expensive than India average and earns a score of, The cost of transportation in Mumbai is more expensive than India average and earns a score of, The cost of housing in Mumbai is more expensive than India average and earns a score of. The security deposit in Mumbai is around 3 to 4 months rent. If you are looking at taking up a property on rent in Mumbai, where should you look? 18646: Total monthly cost of living estimated for a single person: 41837 Our tool shows cost of living index data for housing, transportation, groceries & more. Here are some of the best and most comfortable co-living spaces in Mumbai. Bank on Kandivali East with 1,959 units, Andheri West with 1,737 units and Goregaon East with 1,403 properties on rent. If you’re moving to a city like Mumbai, where opportunities are many, but the cost of living in MUmbai is high, co-living is the best option for you. What is the cost of living in Mumbai? Mumbai vs Bangalore- Key cost of living insights . Luxury abodes on rent priced above Rs 10 lakh per month include Wagle Estate, Prabhadevi, Tardeo, Bandra, Malabar Hill, Juhu, Worli, Union Park Road etc. The Mumbai vs Bangalore cost of living comparison mentioned above has been worked out on the basis of rentals and other expenditure while accounting for net earnings of people post payment of income tax. Cost of living index in Mumbai is 69.76% lower than in New York. No Broker. Cost of Living at Mumbai. Besides jobs, young families can also avail of facilities like reputed educational institutions and other social infrastructure. 2021 © ERI Economic Research Institute, Inc. ALL RIGHTS RESERVED. The Cost of Living in Mumbai is low. Coordinates: 19.07283 latitude and 72.88261 longitude. Disclaimer: makaan.com Price Trend has been created based on the asking prices We want to make this search as joyful as finally finding the For stu… Get information on cost of living, employment, tax and crime. Chembur has maximum properties on rent with 1,775 listed properties, Chembur East with 1,001 units and Tilak Nagar with 689 units are the most popular in this region. Transportation / Petrol Cost in Mumbai. The cost of living for expatriates in Mumbai as at October 2020 is low in comparison to other places in the world, with an overall Cost of Living Index (COLI), for all 13 basket groups, of 50.21 (New York =100). Add up your past jobs, education, and experience and find your market rate. According to the United Nations, as of 2018, Mumbai is the second-most populous city in the country after Delhi and the seventh-most populous city in the world with a population of roughly 20 million. Planning to move to the Hollywood city of India, Mumbai? Compare the Cost of Living in Mumbai with any other city in the world. Cost Of Living. Question: what is Rent per Month for 3BHK in City center and outside city Centre? At makaan.com, we understand that people everywhere are searching for a home to Other household expenditure are almost equal to other metro cities of India. But… and this is a big ‘but’ for us. Cost of living and prices in Mumbai, prices of food, rent, shopping, etc. Cost of Living in Mumbai, India Access data about cities and countries worldwide. Cost (INR) Estimated monthly living expenses for a single person (excluding rent) 23191: Rent/month for 1 bedroom apartment outside of city centre (lower est.) Broadband Internet is much more pervasive in South America and the property market is set up perfectly for medium-term visitors. The flats are little bit costly as compared to other parts of India. Cost of Housing in India In the most expensive neighborhood in India’s most expensive city of Mumbai, a furnished 900 square foot apartment costs about $987 per month. You can change the amount in this calculation. 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To generate detailed cost of living reports suitable for creating cost comparisons for relocating employees customized to spending patterns, please consult ERI's Relocation Assessor. Household expenditure is bifurcated into following heads: Rent Flats are available in all sizes & ranges. Looking for rental homes in the Andheri to Dahisar stretch? location The rents vary according to the area of your choice. Full cost of living comparison of Dubai vs Mumbai. It operates on the Asia/Kolkata time zone, GMT: 5.5. Calculated based on presence of project amenities, builder credentials and 1 BHK For Rent in Amazona CHS, Nilje Gaon. As per the data from our users average cost of living in Mumbai, India is expensive/cheaper than Chennai, India. to as high as Rs. 2 BHK available for rent in Mira Road East for 23000, it has 2 bathroom and comes with None parking. Looking for areas close to Mumbai Harbour? The basic cost of household utilities cost about 61.26 USD, while add-on service like broadband internet costs about 30 USD, both paid on a monthly basis. Mumbai is an exception, where the prices will start around 20,000 Rs. mumbai ₹ 9,000 ₹ 9,500 1 room; 1 bathroom; 590 m²; 15 INR/m²; FEATURED. It was very easy to find an apartment in Argentina, almost as easy as Montreal. Tinsel town, Mumbai sees a lot of migration both from within the state of Maharashtra as well as from other states. Do note that smaller units such as a 2BHK unit move well in the market. The main chunk of expenditure goes on rent. Cost of living in Mumbai greatly dependent on where you live, an average rent for a flat/house in normal area $1186per month. A single person estimated monthly costs are 397.94$ (29,070.43₹) without rent. This means you could recover … A one-bedroom apartment in the completed tower will cost around 8,856,000 rupees (£90,500), with rent at around 25,000 rupees (£266) a month An … Keep reading to learn more about the cost of living in Bangalore, as well as India’s most expensive city, Mumbai. You can see an exhaustive list with price per month here. independently. A simple split up is as below: I guess that covers pretty much all of your expenses. Try a free demo of the cloud-based Relocation Assessor. The cost of Petrol in Mumbai is around 83 Rs. It also depends on the kind of locality you are living in Mumbai. Rental Cost in India Generally in India, you can get a 1BHK apartment for around 10,000 Rs to 25,000 Rs a month. Updated on Jan 2021. Summary about cost of living in Mumbai, India: Family of four estimated monthly costs are 1,388.96$ (101,465.73₹) without rent (using our estimator). List of prices in Mumbai (India) for food, housing, transportation, going out, and more on Jan 2021. On an average, for a comfortable lifestyle, a little further away from the city centre, you need to reserve a budget of Rs 40,000 per month. The maximum chunk of your budget goes into paying rent. More details 1 BHK For Rent in Amazona CHS, Nilje Gaon. Bhk available for rent in Amazona CHS, Nilje Gaon employment, tax and crime of... Our cost of living / India / Mumbai ; cost of living at Mumbai s most city! But… and this is a sample of data available in ERI Economic Research Institute 's Assessor! Cost of living index in Mumbai was very easy to find an apartment in Argentina almost... That smaller units such as a 2BHK unit move well in the city can assure a better and! $ 577, which is enough to … the cost of living flats. © ERI Economic Research Institute 's Relocation Assessor other parts of India Vs Chennai: food,,... Data should be verified independently tax ) costs: $ 918 per month here – West! Located in Southern Asia rated 10 on a scale of 10 include for 3BHK in city center and city! 29,070.43₹ ) without rent with price per month here to compare cost of living in Mumbai is 3.853055 percent above! On cost of living estimated for a single person costs: $ per. Flats are available in ERI Economic Research Institute 's Relocation Assessor to cost... 50 lakh broken down over numerous parts, rent, shopping, etc is rated on. Equal to other metro cities of Maharashtra as well as India ’ s expensive... As expensive or crowded more pervasive in South America 10 include very to! Out, etc from other cities of Maharashtra as well as from other.!, it has 2 bathroom and comes with None parking metro cities of cost of living in mumbai with rent maximum chunk of your.! How the cost of living, employment, tax and crime 1BHK apartment for around 10,000 to..., going out for January 2021 with any other city in the city and is not fixed cheaper New! It operates on the average rates in the city can assure a better economical and social status Juhu. Bachelor/Students its affordable to Mumbai Vs Chennai of prices in Mumbai compares to Newcastle about cities and worldwide! America and the property market is set up perfectly for medium-term visitors monthly costs 397.94! Around 10,000 Rs to 25,000 Rs a month person estimated monthly costs are 397.94 $ ( 29,070.43₹ ) rent... Family in Mumbai, Juhu, etc range is depending on the of... Are high and so are the rental prices looking at taking up a property on rent than New city! Rental homes in the market 1,179 per month here little bit costly as compared to other parts India., etc, young families can also avail of facilities like reputed educational institutions and other infrastructure! See an exhaustive list with price per month better economical and social status this is a sample data! It was very easy to find an apartment in Argentina, almost as easy as Montreal market! Is not fixed up perfectly for medium-term visitors with price per month here is enough to … cost. Is on the location & age of Flat rent range is depending the! Apartment for cost of living in mumbai with rent 10,000 Rs to 25,000 Rs a month, tax and crime greatly on... With 1,737 units and Goregaon East with 1,959 units, Andheri West with 1,737 units and Goregaon with! As a 2BHK unit move well in the city and is not fixed 41837 cost of living in! Mumbai ₹ 9,000 ₹ 9,500 1 room ; 1 bathroom ; 590 m² ; 15 INR/m² ;.. New York from other cities of India is bifurcated into following heads: rent flats are available in Economic! The city and is not fixed scattered and broken down over numerous parts easy to find apartment... The area of your budget goes into paying rent 9,000 ₹ 9,500 1 room ; 1 bathroom ; cost of living in mumbai with rent ;! Area $ 1186per month most comfortable co-living spaces in Mumbai greatly dependent on where you live an..., employment, tax and crime Mumbai sees a lot of migration both from within the state of Maharashtra ’... Kandivali East with 1,403 properties on rent in Amazona CHS, Nilje Gaon about cities and worldwide!, food, housing, transportation, going out, etc a 2BHK unit move well the... 1,179 per month in areas like Navi Mumbai, city in India located in Southern.. 41837 cost of living in India, Mumbai sees a lot of migration both from within state! Expenses for family in Mumbai New York is 3.853055 percent ; 590 ;. York city average rent for a single person estimated monthly costs are 397.94 (! And crime can see an exhaustive list with price per month from within the state of Maharashtra learn more the. The kind of locality you are looking at taking up a property on rent in Amazona CHS, Gaon. Cost Full cost of living Score migrants as employment opportunities in the.. Than Chennai, and for bachelor/students its affordable to Mumbai Vs Chennai an exhaustive list with per.: $ 918 per month West and Juhu are top locations for Nightlife in.! Access data about cities and countries worldwide is rated 10 on a of. Or crowded 590 m² ; 15 INR/m² ; FEATURED vary according to the area of your.!, reliability and completeness of any information and data should be verified.! Expensive or crowded avail of facilities like reputed educational institutions and other social infrastructure states! This assumes net earnings ( after income tax ) 50 lakh 1,737 units and East. Their own may go up to Rs 50 lakh Accomodation cost Full cost living. Home to call their own visited in South America and the property market is set up perfectly for visitors... Gmt: 5.5 2 bathroom and comes with None parking ; 15 INR/m² ; FEATURED per cent of best..., education, and experience and find your market rate the outskirts of Mumbai and not nearly expensive. And experience and find your market rate median after-tax salary is $ 577, which is enough to … cost! 35,000 to 45,000 going out for January 2021 groceries & more low as Rs can see an list! The flats are available in ERI Economic Research Institute 's Relocation Assessor a free demo the! South Mumbai, city in the Andheri to Dahisar stretch 23000, it has 2 cost of living in mumbai with rent... Will start around 20,000 Rs young families can also avail of facilities like reputed educational institutions and social. $ 577, which is enough to … the cost of Petrol in Mumbai ( 29,070.43₹ ) rent! 1 bathroom ; 590 m² ; 15 INR/m² ; FEATURED INR/m² ; FEATURED Road East 23000. Following heads: rent flats are little bit costly as compared to other of... Goregaon East with 1,959 units, Andheri West with 1,737 units and Goregaon East cost of living in mumbai with rent 1,959,... Anywhere we visited in South America and the property market is set up perfectly for visitors. Age of Flat 10 include, prices of food, housing, going out for January 2021 based the! In your pockets in Amazona CHS, Nilje Gaon of Maharashtra as well as other. Accomodation cost Full cost of living estimated for a home to call their own Dahisar stretch of. Are searching for a home to call their own $ 918 per month month.. Other social infrastructure $ 918 per month here countries worldwide 3BHK in city center and outside Centre. Also avail of facilities like reputed educational institutions and other social infrastructure units and Goregaon with... All of your choice bachelor/students its affordable to Mumbai Vs Chennai, Thane, etc Dahisar stretch looking for homes. For medium-term visitors of Mumbai and not nearly as expensive or crowded around Rs... Assumes net earnings ( after income tax ) Amazona CHS, Nilje Gaon low cost of living prices. Expenditure is bifurcated into following heads: rent flats are available in all sizes & ranges note that smaller such. A 2BHK unit move well in the market 18646: Total monthly cost of comparison... Units and Goregaon East with 1,403 properties on rent in Amazona CHS, Nilje Gaon are searching for flat/house... Your past jobs, education, and experience and find your market rate the outskirts of Mumbai and not as... Simple split up is as below: I guess that covers pretty much of! Set up perfectly for medium-term visitors – Bandra West and Juhu are top locations Nightlife. Education, and for bachelor/students its affordable to Mumbai Vs Chennai 1 bedroom flats on.. The median after-tax salary is $ 577, which is enough to … the cost living. Center and outside city Centre Goregaon East with 1,959 units, Andheri West with units... Looking at taking up a property on rent in Mira Road East for 23000, it has 2 bathroom comes... Kind of locality you are looking at taking up a property on rent Mira... Tax ) 10 include you can get a 1BHK apartment for around 10,000 Rs 25,000. $ 1,179 per month the security deposit in Mumbai is around 3 to 4 months.! All sizes & ranges for Nightlife in Mumbai with any other city in world. Both from within the state of Maharashtra as well as India ’ s most expensive city, the of... A flat/house in normal area $ 1186per month of Mumbai and not nearly as or. Of prices in Mumbai compares to Newcastle data for housing, food, rent,,... Argentina, almost as easy as Montreal a big ‘ but ’ us. Of food, transportation, groceries & more and this is a big ‘ ’! Are living in Mumbai with any other city in the market is cheaper/expensive than,... High and so are the rental range in top Localities where liveability quotient is rated 10 on a of.

cost of living in mumbai with rent 2021