Cost of living in Gurgaon

[ecis2016.org] This guide will help you learn more about the cost of living in Gurgaon and how you can manage your spending there if you are planning to move there shortly.

According to the Ease of Living Index issued by the Ministry of Housing and Urban Affairs for 2020, Gurgaon, often known as the Millennium City, is now ranked 8th most accessible city in India. Even while the city’s standing is commendable, it didn’t do well on the “economic ability” metric. A high cost of living suggests that Gurgaon is a pricey place to live. 

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This guide will help you learn more about the cost of living in Gurgaon and how you can manage your spending there if you are planning to move there shortly.

Living costs in Gurgaon

Consider the numerous costs that one incurs in Gurgaon to get a sense of the city’s typical cost-of-living. Average living costs in Gurugram are shown here, considering the costs associated with renting or purchasing a home; mobility; food and consumables; electricity; school tuition for children; and other expenses.

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Cost of living in Gurgaon for students

As a student, you’ll find it challenging to afford to live in Gurugram. Gurgaon is a pricey location, and students might have to spend a lot of money to live comfortably there.

• Rent

A one-bedroom apartment in Gurgaon’s city centre would run you around Rs 25,000 per month. The price ranges from Rs 13,000 to 19,000 outside the city centre. The typical monthly rent for a student is projected to go between Rs 8000-22,000 due to students living in shared flats.

• Travel

Rs 1,800 and 2,000 is the average cost of transportation. Students often get fare reductions, making it more affordable to travel. Students at several of the city’s colleges and universities have access to various transportation options helping students save money on transportation costs..

• Food/groceries

Lunch at a typical restaurant is from Rs 500 to Rs 1,000. Restaurant meals cost around Rs 30,000 a month for students who eat out every day. Cooking at home is a more cost-effective alternative. Preparing meals on campus may save students a lot of money. It costs roughly Rs 8,000 to buy vegetables in the region on average.

• Fees for education

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The city’s educational institutions demand a lot of money for their services. The monthly charge for a student might be as high as Rs 30,000, based on the course and the level and degree of instruction provided by the school/institution in question. On the other hand, student hostels may allow them to save some money. To avoid this, they would have to pay rent for a place of their own.

• Electricity/Other fees for maintenance

Over and beyond the monthly rent, tenants must pay for the cost of maintenance. As a result, students may be forced to pay around Rs 4,000 for this reason.

• Miscellaneous

It covers stationery products, maids, medical expenses (if any), and other costs. An estimated value of Rs 4,000 has been placed on this item.

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Cost of living in Gurgaon for a bachelor

Gurgaon might be an expensive place to live if you’re single and want to stay there for a while.

• Rent

If you want to live in the heart of Gurgaon, you can expect to pay roughly Rs 25,000 per month for a one-bedroom flat. However, if you’re willing to rent a one-bedroom flat on the outskirts of the city, you may expect to pay about Rs 14,000 each month. Sharing an apartment with friends, coworkers, or other acquaintances might decrease this cost.

• Travel

Monthly transportation costs might go up to Rs 3,000 or more.

• Food/groceries

It might cost between Rs 25,000-30,000 per month for a bachelor to dine out every day. Average grocery costs are projected to be approximately Rs 8,000 if meals are cooked at home.

• Electricity/Other fees for maintenance

Bachelors may be required to incur monthly expenses of up to Rs 4,500 to cover these.

• Style of living

Bachelors are notorious for frequenting bars, shopping malls, upscale restaurants, gyms, and other social gatherings. They will have to endure monthly expenses of up to ten thousand rupees or more.

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Cost of living in Gurgaon for couples

Cost of living in Gurgaon for a couple is much higher than in other Indian cities. Let’s look at the typical living costs for a couple in the town.

• Rent

Nearly Rs 32,000 per month to rent a two-bedroom apartment in Gurgaon city centre. The price ranges from Rs 22,000 to Rs 35,000, if you’re outside the city centre.

• Travel

It is possible that couples would be required to cover monthly transportation charges of up to Rs 4,000 or more.

• Food/Groceries

Cooking together in the kitchen is something that most couples enjoy doing. Food items might cost anything from Rs 8,000 to Rs 10,000 each week.

• Electricity/Other fees for maintenance

Couples may be required to pay around Rs 5,000 or more each month to cover these expenses.

• Style of living

A lot of couples go out to bars, shopping centres and eateries. They will have to pay around Rs 10,000 a month or more. These costs might run upwards of Rs 5,000 each month for married couples.

• Miscellaneous

It covers everything from furniture to servants to medical expenses. For the most part, this comes to roughly Rs. 6,000-7,000 each month.

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Category: Lifestyle