Mumbai, India's Financial Capital, is the most expensive for expats, says Mercer's annual Cost of Living survey. Family of four estimated monthly costs are 1,388.96$ (101,465.73₹) without rent (using our estimator). Single person estimated monthly costs: ₨81,214. Mumbai, city in India located in Southern Asia. What is the cost of living in Mumbai for students, couple, family, bachelors? Mumbai residential housing prices continue to be among the most expensive in the world. Mumbai occupies the fifth position in the Asia Pacific Co-living Index by Knight Frank while New Delhi is ranked 11th and Bengaluru 19th. Family of four estimated monthly costs: ₨154,287. of boneless chicken breast: ₨153 ₨163 - 6%: 1 liter (1 qt.) For an average Indian, living costs in Mumbai may be a nightmare. Cost of Living in Mumbai, India Access data about cities and countries worldwide. A 1BHK in Powai would cost about 30,000 Rs. The Times of India News App for Latest City News, Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. A single traveler costs: $1,179 per month. If you want to experience India in terms of its young, the hard-working, the ambitious populace, come to Mumbai. Find property prices & trends in Mumbai at 99acres.com. 66%. For stu… 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.) For reprint rights: Times Syndication Service, BENGALURU: Mumbai, India’s most expensive city, appears to have become more affordable. Get information on cost of living, employment, tax and crime. Mumbai is 75% cheaper than New York City. Coordinates: 19.07283 latitude and 72.88261 longitude. The Cost of Living in Mumbai is low. Cost of Living / India / Mumbai; Cost of Living Score. Breakdown of prices in Mumbai, India for housing, food, transportation, going out for January 2021. 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. What is the cost of living in Mumbai? 30000-50000 in areas like South Mumbai, Juhu, etc. Cost of living in Bangalore, India vs Mumbai, India. It operates on the Asia/Kolkata time zone, GMT: 5.5. You just need to type Mumbai and Bangalore in our compare tool to find pertinent information in an easy to understand list format. Cost of living in Mumbai (India) is 53% cheaper than in Brussels (Belgium) Prices recently added. 5000-12000 per month in areas like Navi Mumbai, Thane, etc. Rent in Mumbai is, on average, 79.07% lower than in New York. No two days are the same. This also makes it the most expensive city in South India. Coffee costs: $0.91. The rents vary according to the area of your choice. A good 1 BHK in this area will cost Rs27,000 to 30,000. Mumbai provides you with various options ranging from as low as Rs. Cost of living index in Mumbai is 69.76% lower than in New York. Updated Sep 2020 Mumbai, city in India located in Southern Asia. Hiranandani Business park, Powai – Powai is a tech hub with a lot of startups and businesses setting up shop there. Top localities in Mumbai include Dadar East where prices are Rs 31,000 per sq ft on an average followed by Matunga at Rs 29,900 per sq ft, Dadar West with average property rate at Rs 34,600 per sq ft and Bandra East where you can opt for a property for an average rate of Rs 28,335 per sq ft. All these localities have a liveability quotient of 9.8 and above on a scale of 10. You can calculate cost of living in Mumbai by changing quantity using input near each good or service. The land prices are high and so are the rental prices. As India's capital of finance, Mumbai has the greatest number of fin-tech startups, while the cost of living and rental prices remain reasonably low.. Mumbai is one of the top ten city matches for 14.2% of Teleport users. Cost for a single person to live in Mumbai. Health Benefits of Cornflakes for diabetes, Five types of Ladoos you can make this Makar Sakranti, Bluetooth Speakers For Kids With Features That Are Ideal For Younger Users, Terms of Use and Grievance Redressal Policy. Summary of cost of living in Mumbai. A single person estimated monthly costs are 397.94$ (29,070.43₹) without rent. Rental Accommodation will burn the biggest hole in your pockets. Or browse by: Job City State Country. It is situated at elevation 8 meters above sea level. 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). Cost of Living in Mumbai. Anup Jalota, Hariharan, Sonu Nigam & Shaan attend classical musician Ustad Ghulam Mustafa Khan’s funeral in Mumbai, NSUI files complaint against Arnab Goswami over leaked WhatsApp chats, UP: ‘Inflammatory slogans’ 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. to as high as Rs. Current prices of 53 goods and services in 10 categories in Mumbai. But the new Worldwide Cost of Living 2014 index has thrown up an interesting finding Prices of food, restaurants, transportation, utilities, clothing and apartment rent & buying costs in Mumbai. You would need around 365,613.27₹ (4,086.60€) in Venice to maintain the same standard of life that you can have with 150,000.00 ₹ in Mumbai (assuming you rent in both cities). 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