When it comes to choosing between India’s bustling metropolises, Bangalore and Mumbai, cost of living often becomes a deciding factor. Both cities are known for their unique lifestyle offerings, but how do they compare in terms of expenses? Let’s break down the major cost elements to find out whether Bangalore is indeed cheaper than Mumbai.
Housing Costs
Housing is typically the largest expense for anyone moving to a new city. In this area, Bangalore has a clear edge over Mumbai:
Bangalore: Monthly rent for a 1-bedroom apartment in a central location typically ranges from ₹20,000 to ₹35,000, while in suburban areas, it drops to ₹12,000 to ₹20,000.
Mumbai: The same 1-bedroom apartment in a central area could cost anywhere from ₹50,000 to ₹80,000, with suburban options still priced higher than Bangalore at ₹25,000 to ₹40,000.
Food and Dining
Dining out and grocery costs also vary significantly:
Bangalore: A meal at a mid-range restaurant costs around ₹300-₹500 per person, while monthly groceries for a small family may total around ₹6,000 to ₹8,000.
Mumbai: Dining at a similar restaurant can cost ₹400-₹600 per person, with grocery costs hitting ₹7,000 to ₹10,000.
Transportation
Transportation in both cities is influenced by infrastructure and commuting patterns:
Bangalore: Public transport, including buses and the metro, is affordable, with monthly passes costing around ₹1,000. Ride-hailing services are also slightly cheaper compared to Mumbai.
Mumbai: The local train network is a lifeline, with monthly passes priced at ₹500-₹1,500 depending on the distance. However, auto-rickshaws and taxis tend to be more expensive than in Bangalore.
Utilities and Internet
Utilities, such as electricity and internet, add to the monthly budget:
Bangalore: Monthly utility bills, including electricity, water, and garbage disposal, average around ₹3,000-₹4,000. High-speed internet packages cost approximately ₹1,000.
Mumbai: Utilities can be slightly higher, ranging from ₹4,000-₹6,000 monthly, with internet packages starting at ₹1,200.
Entertainment and Leisure
Both cities offer plenty of entertainment options, but costs can differ:
Bangalore: Movie tickets, gym memberships, and weekend outings are reasonably priced, with average costs for a night out around ₹1,500.
Mumbai: Entertainment tends to be pricier, with a night out costing closer to ₹2,000 or more.
Education and Healthcare
Bangalore: Private schools and healthcare services are relatively affordable, with average monthly school fees around ₹5,000-₹10,000.
Mumbai: Premium education and healthcare options are typically more expensive, with monthly school fees often exceeding ₹10,000.
Final Verdict: Is Bangalore Cheaper Than Mumbai?
Yes, Bangalore is generally cheaper than Mumbai across most categories, including housing, food, and transportation. While Mumbai offers unmatched opportunities and a fast-paced lifestyle, Bangalore’s affordability makes it an attractive choice for professionals, families, and students alike. If you are looking to rent a place in either of the cities, a good decision would be to use CirclePe while renting so that you can move-in with No Security Deposit.
Ultimately, the decision between the two cities depends on your lifestyle preferences and career goals. If affordability is your top priority, Bangalore emerges as the clear winner.
