Are you planning to shift to either Gurgaon or Bangalore? Both cities are emerging markets in India but each city has its own set of advantages and lifestyle choices. But it is important to analyze the cost of living in your current city and the city that you will be shifting to. This guide provides an in-depth analysis of the two cities so as to provide assistance in your decision making.
Overview of Gurgaon and Bangalore
For professionals from every part of India, Gurgaon and Bangalore have become the cities of choice. Gurgaon is popularly known for its growing banking and finance industries and is now one of India’s biggest IT centers. While, Bangalore serves as the most prominent IT service exporter for the nation and is regarded as the largest off shore IT services outsourcing in the country, famously known as, Silicon Valley of India. There are multiple advantages in both the cities but your choice might depend on the fact whether you want to live in a more suburban atmosphere of Gurgaon or in a huge cosmopolitan city of Bangalore. So let’s look into the expenses to help you decide further.
Key Factors to Consider Before You Move
Consider the following important factors if you are changing your place to another country:
Employment Opportunities
The first thing would be starting with a new job or with job opportunities which makes changing to a new city easy for those who were already offered job opportunities in these areas. Though for a working professional starting with a job search may be a little difficult because its worth understanding that depending on the location salaries can vary for the same position held which could be for example similar jobs held back in their previous area.
Affordability
Rent is not the only component that contributes towards living expense, things like transportation, groceries, utilities and even paying local taxes would also have to be taken into account. Such considerations are crucial since they make it possible for you to make informed about managing your audience and way of living.
Safety and Convenience
People in a family would put a lot of emphasis on safety which is why they need to take into consideration any city or area that has an abnormally high crime rate. It is always helpful to look for such areas in a particular country where crime rates are relatively lower. Moreover, certain areas are not very safe for women hence safety of women should also be considered when choosing a respective family area to get settled in.
Commute System
Having simple access to public transport is important. There are many modes of transport including buses, metros and ride sharing apps available in Gurgaon and Bangalore but the modes have different prices.
Climate Condition
When it comes to climate, it is conceivable that it could influence your decision on whether to relocate. Due to the fact that Gurgaon’s summers are warmer, it is important to note that if you enjoy the warmth, or even if you prefer a more moderate climate, Bangalore on the other hand has more of a cooler and moderate climate throughout the year But, however, be prepared to face the pain of moving there the warmer summers.
Gurgaon vs Bangalore: Living Expenses Comparison
To give context, here is the breakdown of the monthly living expense allotment of all cities.
Cost of Living in Bangalore
With respect to this, let’s first deal with these expenses pertaining to residing in Bangalore.
Transportation Costs
In the city of Bangalore, there are several modes of transportation available like buses, trains, and taking a cab through Ola, Uber, and Namma Yatri. Average costs are also as follows:
- Normal bus fare: Rs 15 to Rs 50
- Monthly bus pass: 1,100 (normal), 3,000 (AC)
- Metro fare: 10 to 60
With all of the above combined, the transportation expenses for Bangalore total between 1,500 – 2,000 rupees.
Rent and Accommodation
The rental prices depend on the region and the type of apartment:(Of particular interest is the disparity in locations and sizes as seen below)
- 1 BHK: ₹7,000 – ₹18,000
- 2 BHK: ₹16,000 – ₹35,000 – more ”convenience” means more money.
- 3 BHK: ₹23,000 – ₹50,000 – Bigger and multi
- PG (Paying Guest) accommodation: ₹6,000 – ₹16,000
Groceries and Food
These costs vary based on whether a person prefers cooking at home or buying food outside: at home, a person would likely spend:
- Monthly grocery budget for home cooking: ₹5,000 For an ordinary person it appears to be 4courses @1250 times in 1 month
- Cooking at a restaurant – 200 to 1000 for one meal or dinning at breweries for 1000 to 2500 doesn’t seem applicable for this demographic.
Utility Costs
These are very basic utilities, inter net, water and electricity which all a person has to pay:
- Electricity: 1000-2000
- Water: 200-300
- Internet: 500-1500 There is also discrepancy in number of courses at time of eating out with plain food vs varieties in cuisines within India
Monthly Total Cost of Living in Bangalore
There are range of values which can be appeal to a particular person : average rent for example of dollars appears mid-market average cost:
- Rent: ₹12500 (Average).
- Transporting: 3000
- Grocery: 10000
- Water/electricity bill: 1000, which correlates with the rent one pays on average and paying in total for 35,500.
Cost of Living in Gurgaon
Hub Kon Kon Na Rahe Na Rahe Haan Gurgaon Mai Kharch Kam Ni Hota. Bangalore Mai Bhi Kharch Hai Lekin Wahi Bhi Saath Beetana.
Transportation Expenses
The Delhi Metro along with Rapid Metro provides citizens added connectivity to the entire city, with buses and cabs also offering additional alternatives. Here are the specifics:
- Rapid Metro fare: At ₹20, it is quite affordable even for frequent commuters.
- Bus fare: Varies between ₹5 to ₹15 depending on distance
- Local taxi: Taxis charge ₹25 for the first kilometer, but this is much more economical at around ₹14 – ₹ 16 for each additional kilometer.
- Auto rickshaw: The fare charge starts at ₹25 for the first 2 kilometers, but also increases for longer distances.
In short, the average transportation costs in a month in Gurgaon range anywhere from ₹1,550 to ₹3,000.
Rent and Accommodation
Residential places in Gurgaon especially in the city center are usually refrained more expensive.
- 1 BHK (city center): ₹25,000
- 1 BHK (outskirts): ₹14,000
- 2 BHK: ₹22,000 to ₹32,000
- 3 BHK: ₹30,000 to ₹50,000
- PG: ₹12,000 to ₹18,000
Groceries and Food
People having even a slightly on high side diet especially where consumption of cooked food is involved are expected to have a greater budget on groceries.
- Monthly groceries: ₹8,000
- Mid range restaurant cost: Around ₹450 to ₹800 (per meal)
- High range restaurant cost: Around ₹1,500 to ₹3,000 (per meal)
Utility Costs
The approximate amount which tends to get adjusted for the basic Necessities like water and electricity in return is on a greater side as compared to bangalore.
- Electricity and water: Around ₹3,500
- Internet: Cost somewhere between ₹700 to ₹900
Monthly Total Cost of Living in Gurgaon
These correspond to the requirements of an individual residing in Delhi on a monthly basis; The data is in terms of estimates and averages and may differ from person to person.
- House Rent: Around ₹19,500
- Cost on transport: Approx. ₹ 3,000
- Estimated groceries and food out costs: ₹13, 000
- Utilities expenditures: ₹4, 200
- Other expenses (stationaries, clothings, cinema etc.): Incurs around ₹7,000 per month
So adding everything up it’s almost ₹46,000 plus every month.
Cost of Living in Gurgaon Compared to Bangalore: Which City is Better?
Gurgaon has greater life costs as compared to Bangalore considering higher rent rates, greater food prices, and higher utility rates. If however, you are concerned about your finances, Bangalore would be an ideal choice as it provides a better standard of living while keeping monthly costs low.
Conclusion
It’s nice between choosing Gurgaon and Bangalore as they both have distinct features; you may choose one based on your budget and desired lifestyle. Gurgaon is slightly more expensive, but proximity to New Delhi makes it easier to access a bigger financial market. In contrast, Bangalore is less expensive and has an active tech scene, in addition to a more pleasant climate.
Search property in India and get more detail about real estate in India with Dream Location