What is the Cost of Living in Bangalore?

A question asked when moving to Bangalore is, “What is the cost of living in Bangalore?” The answer to this depends on your lifestyle and where you are located. The cost of living here ranges from Rs. 25,000 to Rs. 60,000 and above.

Living expenses in Bangalore for a single person are based on shared or paying guest stay. Rentals are from Rs. 6000 to Rs. 18,000 per month. Cost for transportation, food, and others is additional. It is more economical to live in these types of homes. Mess facilities or sharing cooking with roommates will also help save money.

Renting an individual home is more expensive as all the expenses have to be borne alone. Also, people who have an active social life will spend more on their daily living. Budgeting well will mean living within your means in the city.

For students in the city, the average cost per month will be between Rs. 12,000 to Rs. 18,000. Most students live in hostels or share flats near their colleges. The cost of living for them is calculated with the monthly rent. Again, they will save money on food by using the mess and by walking to classes.

With rent, in Bangalore, the cost of living per month for couples starts at Rs. 45,000. It is for a 1 to 2-BHK apartment with utilities, food, transportation, medical care, and leisure. The cost goes up as the size of the home increases. A luxurious lifestyle will lead to higher costs for entertainment and daily living.

The cost of living for a family of 4 in the city is much higher. It will range from Rs. 60,000 to Rs. 90,000 and higher. It includes rent for a 2 or 3-BHK, which begins from about Rs. 25,000. In addition to utilities, food, transportation, and healthcare, there are also additional costs for education.

Rent is the biggest factor that the cost of living is based on. Bangalore is considered a costly city, as the rents here are higher than in other places. In order to save money, it is wise to live outside the prime areas.

A luxury project coming up in the city is Prestige Evergreen. The grand project by the Prestige Group at Varthur has elite 1 to 3-BHK apartments. Its amenities add to the overall value. It is close to IT hubs and is well-suited for professionals with higher incomes.

Bangalore offers a high standard of living for people of all income groups. There are many options for homes here. These are perfect for those starting their careers and for those with higher incomes.

Prestige Group pre launch new project is Prestige Evergreen