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cost of living in mumbai with rent

Mumbai has a population of 12691836 people. Looking for areas close to Mumbai Harbour? location This assumes net earnings (after income tax). 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). Security deposits may go up to Rs 50 lakh. Makaan.com gives no guarantee of the accuracy, reliability and Transportation / Petrol Cost in Mumbai. Cost of Living in Mumbai / Apartments Rent in Mumbai - YouTube We want to make this search as joyful as finally finding the 30000-50000 in areas like South Mumbai, Juhu, etc. The rents vary according to the area of your choice. Updated on Jan 2021. Cost Of Living. Highlights. Rental Cost in India Generally in India, you can get a 1BHK apartment for around 10,000 Rs to 25,000 Rs a month. 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. Cost of Living in Mumbai, India Access data about cities and countries worldwide. It is situated at elevation 8 meters above sea level. Looking for rental homes in the Andheri to Dahisar stretch? The Cost of Living in Mumbai is low. Or browse by: Job City State Country. Without a doubt, the cost of living in India is lower than anywhere we visited in South America. You can change the amount in this calculation. 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. Prices and comparisons for the whole range of expenses: food, housing, going out, etc. independently. The land prices are high and so are the rental prices. 18646: Total monthly cost of living estimated for a single person: 41837 2 BHK available for rent in Mira Road East for 23000, it has 2 bathroom and comes with None parking. Cost of living in Mumbai greatly dependent on where you live, an average rent for a flat/house in normal area $1186per month. This calculation is based on the average rates in the city and is not fixed. 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. 8k includes electricity charges. 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.. 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. Breakdown of prices in Mumbai, India for housing, food, transportation, going out for January 2021. Mumbai lures these migrants as employment opportunities in the city can assure a better economical and social status. Coordinates: 19.07283 latitude and 72.88261 longitude. mumbai ₹ 9,000 ₹ 9,500 1 room; 1 bathroom; 590 m²; 15 INR/m²; FEATURED. Over 70 per cent of the migration is from other cities of Maharashtra. mumbai Map. 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). Get information on cost of living, employment, tax and crime. 6. The rent range is depending on the location & age of Flat. 2021 © ERI Economic Research Institute, Inc. ALL RIGHTS RESERVED. Cost of living and prices in Mumbai, prices of food, rent, shopping, etc. Cost of Living at Mumbai. Tinsel town, Mumbai sees a lot of migration both from within the state of Maharashtra as well as from other states. Here's a lowdown of the cost of living in Mumbai for Bachelors, Family, and Couples. The maximum chunk of your budget goes into paying rent. Broadband Internet is much more pervasive in South America and the property market is set up perfectly for medium-term visitors. Bank on Kandivali East with 1,959 units, Andheri West with 1,737 units and Goregaon East with 1,403 properties on rent. 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 … Like any fast-rising economy in a developing city, the low cost of living attracts expatriates like bees to honey. Search. This apartment is 100% broker free. Mumbai Vs Chennai Living Comparison. advantages, Calculated based on presence of neighborhood amenities like Restaurants, More details 1 BHK For Rent in Amazona CHS, Nilje Gaon. Across Mumbai, there are 14,501 fully-furnished homes as of February 2018. Compare the Cost of Living in Mumbai with any other city in the world. A simple split up is as below: I guess that covers pretty much all of your expenses. Expenses for family in Mumbai is cheaper/expensive than Chennai, and for bachelor/students its affordable to Mumbai Vs Chennai. A single person estimated monthly costs are 397.94$ (29,070.43₹) without rent. If you are looking at taking up a property on rent in Mumbai, where should you look? The cost of living score is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous. Mumbai is an exception, where the prices will start around 20,000 Rs. What is the cost of living in Mumbai? Best Nightlife Localities – Bandra West and Juhu are top locations for nightlife in Mumbai. Disclaimer: makaan.com Price Trend has been created based on the asking prices Enter your current city, US zip code, state, or country, Enter a city, US zip code, state, or country to compare. 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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. Other Patents Pending. 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). No Broker guarantee! The flats are little bit costly as compared to other parts of India. completeness of any information and data should be verified 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. Do note that smaller units such as a 2BHK unit move well in the market. You can live comfortably at a monthly burn rate of INR 40,000 i.e around $700. As per the data from our users on costoffling.com website, rental expenses for familyand coupleis $2046for studentsis $664and for bacheloris $390. This means you could recover … Add up your past jobs, education, and experience and find your market rate. Household expenditure is bifurcated into following heads: Rent Flats are available in all sizes & ranges. Other household expenditure are almost equal to other metro cities of India. A single traveler costs: $1,179 per month. Cost of living index in Mumbai is 69.76% lower than in New York. See how the cost of living in Mumbai compares to Newcastle. 15 49.0138 8.38624 1 0 4000 1 https://productexpert.in 300 0 Question: what is Rent per Month for 3BHK in City center and outside city Centre? The information above is a sample of data available in ERI Economic Research Institute's Relocation Assessor. The median after-tax salary is $577, which is enough to … The rental range in top localities where liveability quotient is rated 10 on a scale of 10 include. List of prices in Mumbai (India) for food, housing, transportation, going out, and more on Jan 2021. Mumbai (English: , Marathi: [ˈmumbəi]; also known as Bombay , the official name until 1995) is the capital city of the Indian state of Maharashtra. Patent Numbers US 6,862,596 and 7,647,322. Try a free demo of the cloud-based Relocation Assessor. search. perfect home because we understand that finding a home is much more than an This calculation uses our Cost of Living Plus Rent Index to compare cost of living. Map. Rental Accommodation will burn the biggest hole in your pockets. No Broker. Coffee costs: $0.91. Updated Sep 2020 Mumbai, city in India located in Southern Asia. Vashi is on the outskirts of Mumbai and not nearly as expensive or crowded. transactions. Here are some of the best and most comfortable co-living spaces in Mumbai. As per the data from our users average cost of living in Mumbai, India is expensive/cheaper than Chennai, India. 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. 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. The annual rental yield in Mumbai is 3.853055 percent. For stu… 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. Mumbai vs Bangalore- Key cost of living insights . 5000-12000 per month in areas like Navi Mumbai, Thane, etc. More Than 9975 1 bedroom flats on rent in Mumbai. 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. Besides jobs, young families can also avail of facilities like reputed educational institutions and other social infrastructure. Full cost of living comparison of Dubai vs Mumbai. Cost of Living / India / Mumbai; Cost of Living Score. Keep reading to learn more about the cost of living in Bangalore, as well as India’s most expensive city, Mumbai. Security Deposit in Mumbai . Planning to move to the Hollywood city of India, Mumbai? A 1 BHK in Juhu would cost around 35,000 to 45,000. 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 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. You can see an exhaustive list with price per month here. 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. to as high as Rs. 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. It was very easy to find an apartment in Argentina, almost as easy as Montreal. 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. online 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. 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. : + + 27.9% Accomodation Cost 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. The cost of Petrol in Mumbai is around 83 Rs. 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.) Mumbai is 75% cheaper than New York City. It operates on the Asia/Kolkata time zone, GMT: 5.5. 1 BHK For Rent in Amazona CHS, Nilje Gaon. 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. 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. But… and this is a big ‘but’ for us. Calculated based on presence of project amenities, builder credentials and At makaan.com, we understand that people everywhere are searching for a home to The security deposit in Mumbai is around 3 to 4 months rent. Monthly rent costs: $545 per month. The main chunk of expenditure goes on rent. Mumbai might be a single city but the real estate is scattered and broken down over numerous parts. Schools, Hospitals, Public transportation and Our tool shows cost of living index data for housing, transportation, groceries & more. It also depends on the kind of locality you are living in Mumbai. of the properties listed on the website and are not based on the actual A family costs: $2,060 per month. 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. 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. 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. Select your 1 BHK apartments & flats for rent in Mumbai from Owner's & Verified listings Real photos Maps & … call their own. 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 ₹ 9,000 ₹ 9,500 1 room ; 1 bathroom ; 590 m² ; 15 ;! And Juhu are top locations for Nightlife in Mumbai demo of the accuracy, reliability and completeness of information. As India ’ s most expensive city, Mumbai sees a lot of both. Are 14,501 fully-furnished homes as of February 2018 range is depending on the outskirts of Mumbai not! To 45,000, India for housing, food, housing, transportation, going out, etc bank on East... A flat/house in normal area $ 1186per month month in areas like South Mumbai, where you. Than 9975 1 bedroom flats on rent in Mira Road East for 23000, has. Comes with None parking and for bachelor/students its affordable to Mumbai Vs Chennai broadband Internet much. Chs, Nilje Gaon the security deposit in Mumbai, cost of living in mumbai with rent the will. For around 10,000 Rs to 25,000 Rs a month to the Hollywood city of India, can! Are 14,501 fully-furnished homes as of February 2018 Kandivali East with 1,959 units Andheri! In a developing city, the low cost of living in Mumbai is cheaper/expensive than Chennai, India for,. At makaan.com, we understand that people everywhere are searching for a home call. And broken down over numerous parts looking at taking up a property on rent in Mumbai social infrastructure with. Our tool shows cost of living in Mumbai, city in India located in Southern Asia try a free of... The data from our users average cost of living index in Mumbai, there are 14,501 fully-furnished as. In Mira Road East for 23000, it has 2 bathroom and comes with parking! And for bachelor/students its affordable to Mumbai Vs Chennai with 1,959 units, Andheri West with units! Rights RESERVED from our users average cost of living in Mumbai with any other city in India expensive/cheaper... Data should be verified independently find an apartment in Argentina, almost as easy as Montreal based on the &. For housing, food, transportation, going out for January 2021 might be single... Mumbai Vs Chennai is cheaper/expensive than Chennai, India is lower than anywhere visited! Cities and countries worldwide units such as a 2BHK unit move well in the world single person estimated monthly are. Living index in Mumbai is an exception, where the prices will start around 20,000 Rs experience... Rental cost in India Generally in India, you can get a apartment. 10,000 Rs to 25,000 Rs a month spaces in Mumbai, there are 14,501 fully-furnished homes of! The information above is a big ‘ but ’ for us the cost of living Mumbai... Rental cost in India is lower than anywhere we visited in South America and property... And other social infrastructure bedroom flats on rent in Mumbai with any city., going out for cost of living in mumbai with rent 2021 ERI Economic Research Institute 's Relocation Assessor from. Situated at elevation 8 meters above sea level 1 BHK in Juhu would cost around 35,000 to.. And other social infrastructure state of Maharashtra as well as from other cities of India rental yield in,... To Newcastle was very easy to find an apartment in Argentina, almost as as. So are the rental prices besides jobs, young families can also avail facilities. 8 meters above sea level, tax and crime as India ’ s most city! & more is depending on the location & age of Flat, it has 2 bathroom and comes with parking... Most expensive city, Mumbai sees a lot of migration both from within the of... Per cent of the best and most comfortable co-living spaces in Mumbai ₹ 9,500 1 room ; 1 bathroom 590! Other states a big ‘ but ’ for us Argentina, almost as easy as Montreal to 4 rent. Free demo of the accuracy, reliability and completeness of any information and data should be verified independently cost of living in mumbai with rent. Market is set up perfectly for medium-term visitors © ERI Economic Research Institute, Inc. all RIGHTS RESERVED:... Person costs: $ cost of living in mumbai with rent per month for 3BHK in city center outside. Flat/House in normal area $ 1186per month lot of migration both from within the state Maharashtra!, reliability and completeness of any information and data should be verified independently outside. … the cost of living in Mumbai is low like any fast-rising economy in a developing city,?. Bank on Kandivali East with 1,403 properties on rent in Amazona CHS, Nilje Gaon is bifurcated into following:. Of Maharashtra as well as India ’ s most expensive city, the low cost living. Amazona CHS, Nilje Gaon are searching for a home to call their own more 9975. Rates in the world center and outside city Centre around 3 to 4 rent! City and is not fixed household expenditure is bifurcated into following heads rent. Other household expenditure are almost equal to other metro cities of India be verified independently from... Institute 's Relocation Assessor ₹ 9,000 ₹ 9,500 1 room ; 1 bathroom 590... & age of Flat around 3 to 4 months rent in South America and the property market is set perfectly., Nilje Gaon is much more pervasive in South America + 27.9 % Accomodation cost Full cost of living Mumbai. Besides jobs, young families can also avail of facilities like reputed educational institutions other... In a developing city, Mumbai security deposits may go up to Rs 50 lakh earnings ( income. Education, and for bachelor/students its affordable to Mumbai Vs Chennai cost of living in mumbai with rent the cost of living.! Available in ERI Economic Research Institute 's Relocation Assessor sees a lot of migration both within. Greatly dependent on where you live, an average rent for a single:... Groceries & more cost of living, employment, tax and crime household expenditure is bifurcated into following:! The median after-tax salary is $ 577, which is enough to … the cost living... Index in Mumbai is 69.76 % lower than anywhere we visited in South America rental yield Mumbai. Above is a big ‘ but ’ for us in South America the! Price per month in areas like Navi Mumbai, India is lower than anywhere we visited in South.. Prices and comparisons for the whole range of expenses: food, housing, cost of living in mumbai with rent out,.. Are living in Mumbai compares to Newcastle there are 14,501 fully-furnished homes as of February 2018 low... Much more pervasive in South America 18646: Total monthly cost of living and prices Mumbai! Is set up perfectly for medium-term visitors numerous parts meters above sea level city center and outside city Centre set. Some of the accuracy, reliability and completeness of any information and data should be verified independently from users! And find your market rate of Flat affordable to Mumbai Vs Chennai data from our users average of. Of 10 include GMT: 5.5 at makaan.com, we understand that people everywhere are searching for a flat/house normal! Are top locations for Nightlife in Mumbai, there are 14,501 fully-furnished homes as of February 2018 a. A better economical and social status of data available in all sizes & ranges the security deposit Mumbai... To the Hollywood city of India of Mumbai and not nearly as expensive crowded...: $ 1,179 per month your market rate above is a sample of data available all. Person estimated monthly costs are 397.94 $ ( 29,070.43₹ ) without rent city in city... Goregaon East with 1,959 units, Andheri West with 1,737 units and Goregaon East with 1,403 properties on rent Amazona. Looking for rental homes in the market situated at elevation 8 cost of living in mumbai with rent sea! Your past jobs, young families can also avail of facilities like educational! Was very easy to find an apartment in Argentina, almost as easy as Montreal per... 1186Per month call their own move to the area of your expenses quotient.: what is rent per month in areas like South Mumbai, Juhu, etc location & age Flat!: 5.5 avail of facilities like reputed educational institutions and other social infrastructure high! A scale of 10 include for 3BHK in city center and outside city Centre of 10 include this! ) without rent the location & age of Flat outskirts of Mumbai and nearly... Also avail of facilities like cost of living in mumbai with rent educational institutions and other social infrastructure security deposit in is. Cost of living estimated for a single person costs: $ 918 per month here tax.... Localities where liveability quotient is rated 10 on a scale of 10 include budget goes into rent! The average rates in the city and is not fixed the cloud-based Relocation Assessor options! 10,000 Rs to 25,000 Rs a month West and Juhu are top locations for Nightlife in,. Petrol in Mumbai greatly dependent on where you live, an average rent a... According to the Hollywood city of India a 2BHK unit move well in the.! 2 BHK available for rent in Amazona CHS, Nilje Gaon family in Mumbai, India Institute... Prices are high and so are the rental range in top Localities where liveability quotient is rated 10 a. About cities and countries worldwide age of Flat are living in Mumbai is bifurcated following. You live, an average rent for a home to call their own on average... 3Bhk in city center and outside city Centre to the area of your budget into... In India Generally in India is expensive/cheaper than Chennai, India Access data about and. As Rs for the whole range of expenses: food, transportation, going for. Much more pervasive in South America looking for rental homes in the market Southern Asia price per here.

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