[ecis2016.org] We try to gauge how much money you may require every year, to have a decent living experience in Hyderabad, an old city that is witnessing a transformation due to the IT industry
Hyderabad, the capital of Telangana, regularly features among the top-ranked cities, in global surveys that measure and rate livability in cities worldwide. This may prompt many of us to think about moving to that city. However, a crucial factor that contributes to any city’s livability, is how much money you may require every year, to have a decent living experience. In short, you have to figure out the cost of living in Hyderabad before firming up your plans to relocate to the southern city.
You are reading: Cost of living in Hyderabad
Cost of living in Hyderabad: Property price
Average property rates in the city are seen rising consistently. According to a recent report by PropTiger.com the average annual value of properties in this southern market increased by 7% in 2021. With this, the Hyderabad market now has the highest average per sq ft price for under-construction properties.
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Price growth: City-wise break-up
|City-wise price card|
|City||Weighted average price in Rs per sq ft as on December 2021||YoY % growth|
|India||6,300 – 6,500||6%|
Source: Real Insight Residential – Annual Round-up 2021, PropTiger Research
However, all factors considered, Hyderabad is way more affordable that the four biggest cities in India, as far as the cost of living is concerned. Despite the city attaining global standards, in terms of infrastructure development and job creation, Hyderabad still remains comparatively affordable for the middle class. Through this article, we try to develop an understanding about the cost of living in Hyderabad – an old city that is witnessing a transformation due to the IT industry.
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Hyderabad rental market
Among the 248 cities surveyed by Teleport.org, an online database of location information with focus on life quality data, Hyderabad was counted among the least expensive cities, especially in terms of accommodation.
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Average monthly rent in Hyderabad city centre
|Apartment type||Monthly rental|
|Small apartment||Rs 12,093|
|Mid-size apartment||Rs 15,912|
|Large apartment||Rs 19,731|
Check out properties for rent in Hyderabad
Living cost in Hyderabad
|Cost incurred on||Average expense|
|Fitness club membership||Rs 1,591|
|Movie ticket||Rs 159|
|Internet connection||Rs 700|
|Public transport||Rs 827|
|Domestic help||Rs 6,000|
|Meal at mid-range eatery||Rs 850|
|Utilities bill||Rs 2,000|
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Cost of living in Hyderabad: Key demand drivers
Average annual salary: Rs 4.96 lakhs
Air quality index: 55-80
Infrastructure: 295 hospitals/215 colleges
Connectivity: International airport, operational metro
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Safety in Hyderabad
The overall crime rate puts Hyderabad in position 74 of 266 Teleport Cities in a ranking for the safest cities.
|Gun ownership per 1,000 people||4.20|
|Gun deaths per 1,000 people||0.28|
Check out the top posh areas in Hyderabad
Average cost of living in Hyderabad
Cost of living in Hyderabad: For bachelors
Based on the factors mentioned above, a bachelor living in a PG accomodation Hyderabad will have to shell out anywhere between Rs 5,000 and Rs 7,000. If this person opts to stay in a 1BHK rented property, they will have to spend anywhere between Rs 8,000 to Rs 12,000 per month, at least. Your monthly expense will increase to Rs 15,000 to Rs 20,000 if you opt for established localities in the city.
Cost of living in Hyderabad: For couples
The cost of living in Hyderabad for couples could range anywhere between Rs 15,000 and Rs 35,000, depending on the area and unit size they decide to rent.
Cost of living in Hyderabad: For families
The cost of living in Hyderabad for families could range anywhere between Rs 20,000 and Rs 40,000 depending on the area and unit size they decide to rent.
Which are the most affordable big cities in India, cost-wise?
Numbers available with various platforms show that the cost of living is the lowest in Hyderabad, among India’s big cities.
What is the average rate of property in Hyderabad?
Data available with ecis2016.org show that the average rate of property in Hyderabad is Rs 5,318 per sq ft (as on June 30, 2020).
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