Cost of living in Delhi

[ecis2016.org] Students, couples, families living in Delhi have to incur various expenses based on their lifestyle. We have compiled a list of some basic expenses

What does it cost to live in Delhi, India’s national capital which is the centre of a great deal of eco-social-political activity? Much depends on your lifestyle, where you live, the size of your family, your expenses, etc. However, it is good to get a fair picture of the cost of living in Delhi and the expenses you will incur, in general. We have compiled a list for families, couples and bachelors/spinsters.

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For families and couples

Cost of living in Delhi: Owning and renting a property

The cost of renting and owning homes in Delhi impacts the overall cost of living significantly. While much of Delhi is a saturated market, there are resale and redevelopment units, as well as affordable options in the city. Similarly, there are rental options galore across the city, giving you considerable options of siding with affordable rental pockets, mid-segment rent, as well as luxury homes. Here’s a snapshot:

Check out properties for sale in Delhi.

Check out properties for rent in Delhi.

For bachelors, spinsters, students and working professionals

Average rent in Delhi for a co-living property

Given that Delhi is a hub of education and is close to the job districts of Noida and Gurgaon, there is no dearth of working professionals and college students looking out for co-living properties in Delhi. Monthly rent of these co-living properties will be in the range of Rs 3,000-65,000. In some localities, the starting price for PG accommodation is around Rs 7,000 per month. Prices vary, depending upon the location and kind of amenities available.

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Source: Popular localities with co-living properties

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Cost of living in Delhi for couples

The living cost in Delhi for couples can be around Rs 25,000 per month, if one opts for housing options in the more affordable localities. This would include the house rent, utility bills, etc. In the expensive areas of Delhi, the overall living cost will be higher, depending on the lifestyle.

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Cost of living in Delhi: Commuting and transport

If you are someone who takes public transport, you will be spending anywhere between Rs 20 and Rs 50 on a ticket, one way, per day. A monthly pass will cost up to Rs 2,000. Cabs are available at all times of the day and depending on the distance covered, you will need to spend anywhere between Rs 50 and Rs 800 per local trip.

The Delhi metro provides an affordable mode of transportation for the residents, by which they can plan to lower the cost of living, mainly transport expenses, in New Delhi. In India, the Delhi metro is the largest metro network. The fare ranges between Rs 10 to Rs 50 in the city.

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Cost of utilities in Delhi

Utilities, such as electricity and water, are subsidised for Delhiites. On an average, energy and other utility costs range between Rs 2,000 and Rs 10,000 per month given the size of the building, purpose of use of the building, number of family members, etc. Internet cost is less than Rs 1,000 per month. All these expenses must be considered when looking at the average cost of living in Delhi.

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Cost of household/grocery items in Delhi

This is another crucial aspect when calculating the cost of living in Delhi. Your monthly supply of provisions and grocery items will cost you almost the same in any city, with variations depending on where you are buying it from (wholesale market or an organic brand), quality of household goods that you prefer, consumption pattern, size of the family, amount of time spent at home, etc. We estimate that a family should be spending anywhere between Rs 8,000 and Rs 25,000 on household supplies while single working professionals and bachelors may spend anywhere between Rs 6,000 and Rs 18,000 per month.

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Cost of childcare and education in Delhi

If you are a family with kids, budget anywhere between Rs 5,000 and Rs 25,000 per month. On the basis of your child’s age, costs will vary. There are many day-care centres, schools and colleges in the city to choose from. Given the quality of education, the fee structure also varies. Part-time maids/helps/day-care operators to look after your child, will cost you anywhere between Rs 3,000 and Rs 25,000 per month.

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Cost of leisure / lifestyle amenities in Delhi

On an average, a dine-out at an inexpensive eatery will cost you Rs 300 per person, while a mid-range restaurant will cost Rs 1,500 for two people, per visit. Therefore, depending on the kind of cuisines you love and where you frequent, you can estimate your spending. Other avenues that end up costing you are movies, theatre, hangouts with friends and family, weekend parties, shopping at malls and cost incurred in exploring the city.

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FAQs

(With inputs from Sneha Sharon Mammen)

Source: https://ecis2016.org/.
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Source: https://ecis2016.org
Category: Lifestyle