It is always difficult to move to a new city, but Bangalore is the place to meet all your needs and requirements. The cost of living in Bangalore is relatively inexpensive compared to every other metropolitan city. Well, the factors of living depend on different items, such as rental accommodation, food, schooling, transport, etc. So, let’s look at all the factors that impact the living costs in Bangalore carefully.
Accommodation
Accommodation is the main expense that affects the cost of living in Bangalore. Based on your lifestyle and preferences, accommodation can differ. The rental costs will also vary depending on the region and location. Currently, Bangalore rental properties and accommodation are often preferred by students and professionals who work. So, remaining close to the workplaces and colleges to satisfy other needs and requirements and handle your expenses is a smart idea. You can opt for Pgs around Bangalore if you are a student or bachelor, which will cost you around Rs 5000-10,000 including food. But if you like your privacy, in areas like BTM, Hebbal, Kengeri, Nagawara, etc., you can choose a 1bhk flat that will cost you about Rs 8,000 to 10,000.
A good 2 BHK flat in some areas will cost you about 12-15k for families and couples. Places near tech parks typically give you more luxurious choices where the properties range from Rs 5000 to Rs 5,00,000. Areas like Bgmane Tech Park, ITPL, Indira Nagar, Koramangala, Mg Road provide you with a 1 BHK flat that will cost you about Rs.10,000 to 23,000 for luxury options. So, wisely determine your spot, which will save your costs. In addition, you can choose pgs or rental flats to lead a comfortable life depending on your budget.
Food
Food is one essential factor that you should not forget when it comes to the cost of living. Ok, having a chef or cooking for yourself is the most affordable way to save on food expenses. It will cost you anywhere around Rs 1200 to 3000. They can opt for the mess that will cost you Rs 3000 to 4000 monthly if you have food from outside, particularly bachelors and students. Depending on the restaurant, it will cost you from Rs.60 to 120 if you want to have breakfast or food in a restaurant. In addition, Bangalore provides you with a wide range of food delivery choices, such as Zomato, Swiggy, Ubereats, etc. So, according to your schedule, your food expenditures depend on how you prepare.
Transportation
Bangalore offers you a wide variety of transport services, such as subways, buses, cabs, etc. BMTC buses and subways are the fastest way to ride in Bangalore. In addition to all this, a number of transport facilities such as Uber, Ola, Rapido, and other travel services can be found. But, if you want to save a lot of money, then using your bikes and cars is always safer. For subways, tickets typically cost between Rs 10 and 60. There is a monthly bus pass that tends to be very economical, ranging from Rs. 1200 to 2000.
Grocery
Groceries are cheaper and inexpensive in Bangalore, like any other Indian city. It is possible to buy groceries from nearby grocery stores and malls, which are very inexpensive. For a bachelor, the cost of eating food from outside groceries will not be heavy for your wallet, although it normally ranges from Rs 1000 to 6000 for those who cook. You’re an ordinary bachelor who doesn’t cook, so these food expenses can be regulated, but you spend more when eating and spending outdoors again. The monthly grocery spending is around Rs. 6000 per month.
Utility
The cost of living includes utilities such as power, cable, DTH, the Telephone, etc. Your budget and lifestyle rely on it. Around Rs. 500 to Rs. 3000 will be the monthly spending on services. A usage, and so many other variables depending on your location.
Shopping
Ok, shopping is something we all enjoy doing if we get time out of our hectic schedule. Moreover, to satisfy all your shopping needs, Bangalore has the best market places and shopping malls. Depending on your shopping, a ride to any mall with shopping can be set back by Rs.2000-5000. With all the latest fashion trends at very decent prices, places such as Commercial Lane, Chickpete, MG Path, Majestic Market give you. At very cheap prices, you’ll find shoes, clothing, accessories, appliances, luggage, etc. at all these locations. Bangalore has plenty of that, too, if you’re searching for high-end shopping malls and branded showrooms. The selection for a T-shirt in branded showrooms can be from Rs. 200 on Commercial Street to Rs. 2500-3000. Your one-month shopping budget should be sorted into Rs.5,000.
Entertainment
You should not only keep yourself away from its nightlife and cosmopolitan culture if you are in Bangalore. It has a number of entertainment options, such as shopping malls, multiplexes, theme parks, bars, discotheques, cafés, etc. There are excellent shopping malls such as Orion Mall, Pheonix City, Mantri Mall, etc. that provide you all with a different kind of shopping experience. Not only as a shopping destination, but these malls offer restaurants, breweries, bowling, and plenty of other enjoyable activities to choose from. Places in Bangalore such as Lal Bagh, Wonderla, Freedom Park, Bannerghatta National Park are a must-visit. In addition, the cost of tickets is very cheap in all these areas. The average monthly spending on your entertainment will cost you about Rs 500. The monthly expenditure on entertainment costs will, on average, be about Rs. 1000-1500.
Schooling for Kids
The IT city is home to top-notch schools and academic institutions, making it a student hot- spot. Usually, it all depends on the kinds of schools, neighborhoods, and the programs they offer. International schools, as well as nice, inexpensive schools with all the other facilities needed, are available. Usually, kindergarten fees vary from Rs 3,750 to 12,500 per month, although they range from Rs 1-3 lakh per year in international schools.
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