As more and more workforce is flocking to the capital city of Telangana, Hyderabad real
estate is following an upwards curve since the last few years. Apart from being one of the IT
hubs in the country, the lower real estate prices attract millennial home buyers across the
globe to invest in the city’s real estate.
From apartments to high-end gated communities, new home buyers are exploited with a
variety of options to choose from. Therefore, before finalizing a new home (or staying on
rent), you must be aware of the average living cost in the city. Knowing the average cost
beforehand will help you manage your finances better in a new city. The cost mainly
depends upon your lifestyle, job profile and expenses. The cost also varies depending on the
following factors:
1 The profession you are involved in
2 Whether you are a bachelor or a family person
3 Lifestyle and financial status you currently enjoy
4 Travelling expenses
5 Fuel expenses
6 Food expenses
7 Whether you want to buy 1 BHK apartment in Hyderabad or stay on rent
8 Other monthly expenses like house-help, cooking gas, electricity bills etc.
Cost of living in Hyderabad
Area Of Expens | Bachelors & | Couples | Family Of 4 (2 |
Students | Adults + 2 Kids) | ||
Accommodation | Rs 4,000 - Rs 9,500 | Rs 12,000 - Rs 28,000 | Rs 12,000 - Rs 38,000 |
Groceries | Rs 1,000 - Rs 2,500 | Rs 2,000 - Rs 5,500 | Rs 2,500 - Rs 11,000 |
Transport | Rs 1,000 - Rs 2,000 | Rs 1,500 - Rs 3,500 | Rs 1,500 - Rs 4,000 |
Utilities | Rs 1,200 - Rs 2,500 | Rs 2,000 - Rs 3,500 | Rs 2,000 - Rs 3,500 |
Entertainment | Rs 4,000 - Rs 7,000 | Rs 2,000 - Rs 7,000 | Rs 2,000 - Rs 8,000 |
Kids’ schooling | NA | NA | Rs 3,000 - Rs 18,000 |
Accommodation expenses |
|
Classification of Accommodation | Approximate Rent per Month |
1 BHK apartment in Hyderabad | Rs 9,000 - Rs 20,000 |
2 BHK apartment in Hyderabad | Rs 20,000 - Rs 38,000 |
3 BHK apartment in Hyderabad | Rs 25,000 - Rs 45,000 |
Paying guest (PG) | Rs 5,000 - Rs 18,000 |
Transport expenses
Category | Approximate Cost |
One-way ticket (public transport) | Rs 33 |
Monthly pass (public transport) | Rs 1,000 |
Taxi (normal tariff) | Rs 50 |
Taxi per km (normal tariff) | Rs20 |
Price of petrol (as of 25th April 2022) | Rs 115.10 |
Price of diesel (as of 25th April 2022) | Rs 99.83 |
Rental bikes and scooters | Rs 3 - Rs 5 per km |
These were only an approximation of the average living cost in the city. Apart from these,
you have to also spend on other household expenses like electricity, internet connection,
cooking gas, cleaning, etc. With a plethora of options, Hyderabad Real estate offers
affordable living with the best job opportunities. Hence, it is advised that you keep in mind
the average expenses before making a final decision