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Mumbai. If you want to compare the cost of Living in Mumbai VS Bangalore, please visit our page and find comprehensive information related to the prices of the groceries, taxi fare, hotel prices, and compare easily. You just need to type Mumbai and Bangalore in our compare tool to find pertinent information in an easy to understand list format. Prices of food, restaurants, transportation, utilities, clothing and apartment rent & buying costs in Mumbai. Living Costs in Mumbai. A recent survey says that it has slipped 12 spots on the global, Mumbai slips 12 spots on cost of living index. 5000-12000 per month in areas like Navi Mumbai, Thane, etc. Item 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.) Resulting total will appear in a floating box in the bottom of your screen. Cost of living in Bangalore, India vs Mumbai, India. Mumbai occupies the fifth position in the Asia Pacific Co-living Index by Knight Frank while New Delhi is ranked 11th and Bengaluru 19th. This assumes net earnings (after income tax). Search. The Times of India News App for Latest City News, Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. Current prices of 53 goods and services in 10 categories in Mumbai. Technopolis Knowledge Park – is a tech park located in Andheri East. 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 75% cheaper than New York City. Blue rice is the latest craze that is Insta worthy too! Cost for a single person to live in Mumbai. The quality of living remained broadly unchanged from last year in other key cities, including Bengaluru (149 ), Chennai (151) , Mumbai (154), and Kolkata (160) . Get information on cost of living, employment, tax and crime. This site is provided as is without warranties of any kind. Food - 13%; Food in Bangalore (India) is 13% cheaper than in Mumbai (India) Basic lunchtime menu (including a drink) in the business district: ₨389 ₨593 - 34%: Combo meal in fast food restaurant (big mac meal or similar) ₨306 ₨331 - 8%: 500 gr (1 lb.) Monthly rent costs: $545 per month. Top localities in Mumbai include Dadar East where prices are Rs 31,000 per sq ft on an average followed by Matunga at Rs 29,900 per sq ft, Dadar West with average property rate at Rs 34,600 per sq ft and Bandra East where you can opt for a property for an average rate of Rs 28,335 per sq ft. All these localities have a liveability quotient of 9.8 and above on a scale of 10. In this article, using data from various public sources, let us try to explore and better understand the cost of living in Mumbai, India . One bedroom apartment outside of city centre, Three bedroom apartment outside of city centre, Sign up to Airbnb and get €41 on your first trip. Mumbai tops the chart of the cost of living index across the top eight cities in the country. more expensive than. Meal for 2 People, Mid-range Restaurant, Three-course, McMeal at McDonalds or Alternative Combo Meal, Chicken Breasts, Boneless and Skinless, 1 kg, Beef Round or Equivalent Back Leg Red Meat, 1 kg, Taxi, price for 1 hour Waiting, Normal Tariff, Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage, Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL, Mortgage Interest Rate in Percentages, Yearly, Fixed-Rate, Private Preschool or Kindergarten, Monthly for 1 Child, International Primary School, Yearly for 1 Child. It is said that those who wish to shift to Mumbai never come alone, they have big dreams in their eyes and are not only attracted to experience its culture and beauty but to make it their own home. This calculation uses our Cost of Living Plus Rent Index to compare cost of living. Compare real estate trends in Mumbai to identify best locality in Mumbai for investment. Summary of cost of living in Mumbai. Mumbai is often described as a place of contrasts and this is never more evident than in the stark divides between the rich and the poor. But the new Worldwide Cost of Living 2014 index has thrown up an interesting finding Coordinates: 19.07283 latitude and 72.88261 longitude. Cost of living in Mumbai (India) is 16% cheaper than in Kraków (Poland) Prices recently added. Mumbai has a population of 12691836 people. A single person estimated monthly costs are 397.94$ (29,070.43₹) without rent. Breakdown of prices in Mumbai, India for housing, food, transportation, going out for January 2021. A good 1 BHK in this area will cost Rs27,000 to 30,000. The cost of living incorporates most everyday expenses: groceries and restaurants, … As India's capital of finance, Mumbai has the greatest number of fin-tech startups, while the cost of living and rental prices remain reasonably low.. Mumbai is one of the top ten city matches for 14.2% of Teleport users. 30000-50000 in areas like South Mumbai, Juhu, etc. No two days are the same. Updated Sep 2020 Mumbai, city in India located in Southern Asia. Summer Dress in a Chain Store Like George, H&M, Zara, etc. Mumbai, India's Financial Capital, is the most expensive for expats, says Mercer's annual Cost of Living survey. For stu… Delhi is second this year too, although it lags behind Mumbai by a solid 40%. Mumbai ranks 57th as the world's most expensive city . The maximum chunk of your budget goes into paying rent. Mumbai residential housing prices continue to be among the most expensive in the world. Rental Accommodation will burn the biggest hole in your pockets. Find property prices & trends in Mumbai at 99acres.com. Cost of Living in Mumbai. “In India, the overall positioning of surveyed cities and quality of living remains largely unchanged from the previous year. Hiranandani Business park, Powai – Powai is a tech hub with a lot of startups and businesses setting up shop there. Foods in Mumbai. A 1BHK in Powai would cost about 30,000 Rs. Cost of living and prices in Mumbai, prices of food, rent, shopping, etc. Cost of living index in Mumbai is 69.76% lower than in New York. It operates on the Asia/Kolkata time zone, GMT: 5.5. of boneless chicken breast: ₨153 ₨163 - 6%: 1 liter (1 qt.) Mumbai ranks 5th among 20 cities in Asia Pacific that can emerge as co-living destination, property consultant Knight Frank said on Monday. New Delhi at 11th rank and Bengaluru at 19th are the two other Indian cities in the list, according to Knight Frank's report 'Insights on Co-living: An Asia-Pacific Perspective.' Like any fast-rising economy in a developing city, the low cost of living attracts expatriates like bees to honey. The land prices are high and so are the rental prices. Rent in Mumbai is, on average, 79.07% lower than in New York. A single person costs: $918 per month. Pair of Jeans in a Chain Store Like George, H&M, Zara, etc. Price Index: To calculate each city's Price Index value, we start by assigning a value of 100 … Coffee costs: $0.91. Anup Jalota, Hariharan, Sonu Nigam & Shaan attend classical musician Ustad Ghulam Mustafa Khanâs funeral in Mumbai, NSUI files complaint against Arnab Goswami over leaked WhatsApp chats, UP: âInflammatory slogansâ during temple event in Meerut, 2 arrested, Covid-19 vaccination drive: Delhi gears up for roll-out at 81 sites, Viral video: Stray dog relaxing on govt hospital bed in UP's Moradabad, Shocking: 50-year-old man shot dead in northeast Delhi. Total cost of living in Mumbai for two person with average consumption for one month will be 435.97 USD, no rent price included. Cost Of Living. What is the cost of living in Mumbai? No additional service or support is provided. Cost of Living / India / Mumbai; Cost of Living Score. It is also home to the Bollywood film industry. Mumbai is the most expensive city in India (1 out of 6) Cost of living in Mumbai is cheaper than in 53% of cities in Asia (8 out of 15) You just need to type London and Mumbai in our compare tool to find pertinent information in an easy to understand list format. If you want to experience India in terms of its young, the hard-working, the ambitious populace, come to Mumbai. The rents vary according to the area of your choice. is. The cost of living index may be higher than other cities in India, but there’s so much to do in Mumbai, such a lovely confluence of people from all over India, so much history, passion, and tears, it will leave you astounded. Or browse by: Job City State Country. Family of four estimated monthly costs are 1,388.96$ (101,465.73₹) without rent (using our estimator). Chennai has moved two places up since last year to be the third most expensive city in the country. Each good or service area of your budget goes into paying rent - 6 %: 1 liter 1! 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