Cost of Living in Bangalore in 2023 for Families, Couples, Students, and Bachelors

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The Cost of Living in Bangalore in 2023: Are you planning to move to Bangalore, the capital and largest city of the Indian state of Karnataka? If yes, then you have made the right decision. Reputed as the Silicon Valley of India or the IT Capital of India, Bengaluru is one of the best and most livable cities in India. It has been one of the most preferred cities to live in India among families, students, bachelors, working professionals, and couples because of several good reasons. But before moving to this beautiful city, you might want to know the cost of living. The living cost in Bangalore — this could be one of your many concerns.

Well, in this article, you will know the cost of living in 2023. I will explain all the details about the costs that you will have to bear for living in this beautiful city.

Before I just jump to telling you about the costs of living in Bangalore, I would like to briefly discuss the city. I would also want to dig into why Bengaluru is popular among people.

Why is Bangalore So Popular Among People?

Bangalore, lovingly known as the Garden City of India, attracts the maximum number of migrants from across the country. It is among the best destinations for many people, especially IT professionals, students, couples, and retirees. It is equally popular among families.

Students come to live in this city for better education. Of course, the cost of living in Bangalore is expensive, but the city has some of the best Indian education and research educations. You can find here some top-notch schools, colleges, and universities.

Bengaluru is among the best cities to live in India among software engineers, IT professionals, and other working professionals. Living in the Silicon Valley of India is a dream of many IT professionals and software engineers. The city is home to several reputable IT companies, software firms, BPOs, and ITes firms. The living cost in Bangalore is manageable because the city offers a plethora of job opportunities at handsome salaries.

Because of greenery, serene environment, and delightful climate; Bangalore has always been one of the best cities to live in the country among retirees, couples, and families. However, you must weigh pros and cons of living Bangalore before making an informed decision.

Living in Bangalore is a Great Experience

Living in Bangalore would be a great experience as the city offers a lot to its residents. You will find here great infrastructure facilities, excellent residential colonies, delightful climate, pubs, fine-dine restaurants, nightclubs, cosmopolitan culture, and an excellent transport system.

Other facilities include schools, colleges, universities, banks, ATMs, broad streets, beautiful parks, temples, historical monuments, places, etc.

If you can afford the cost of living in Bangalore, then it would be definitely the best choice.

The Cost of Living in Bangalore — the IT Capital of India

Undoubtedly, Bangalore offers a great living experience. However, the cost of living would be a major concern for you. So, knowing how many expenses you will have to bear every month for living in this city is crucial. You must know the fact that the cost of living in Bengaluru is still cheaper as compared to other metropolitan cities like Mumbai, Delhi, and Chennai. Yet, you will want to know the approximate cost of living in this beautiful Indian city. Well, I am going to tell now the living costs in this city through the below price charts. Have a look at them.

DescriptionBachelors/StudentsCouplesFamilies
Accommodation5,000 – 10,00015,000 – 25,00015,000 – 30,000
Groceries1,000 – 2,0002,000 – 5,0002,500 – 10,000
Transport1,000 – 15,001,500 – 2,5001,500 – 3,000
Utilities1,200 – 2,5002,000 – 3,0002,000 – 3,000
Entertainment4,000-7,0002,000 – 5,0002,000 – 5,000
Shopping4,000-5,0003,000 – 5,0003,500 – 6,500
Kids SchoolingNilNil3,000 – 12,00

1. Accommodation Costs in Bangalore

Accommodation is one of the major expenses (factors) that influence the cost of living in Bangalore. The accommodation charges will depend upon the budget, lifestyle, and requirements of a resident.

Localities and areas will also influence the cost of living here. Bangalore offers all types of residential areas to live in. Living in a posh area can be an expensive affair. But there are also a number of residential areas and colonies in Bangalore that offer affordable living options.

The cost of living in rental apartments in Bangalore

Working professionals and students usually live in rental properties in Bangalore. The cost of living in rental properties may vary depending upon the area and the size of the rental home, such as 1 BHK, 2 BHK, 3 BHK, or 4 BHK. Infrastructure and facilities available in a rental property may also influence the cost.

Families and couples prefer to live in rental apartments. Some working professionals, students, job seekers, and bachelors also prefer to live in rental apartments. Such people typically like to in a rental 1 BHK apartment. Living in a 1 BHK apartment will cost around Rs. 7,000 to Rs. 12,000 per month.

2 BHK flats in Bangalore are typically popular among couples and families. The approximate cost of living in a 2 BHK flat in Bangalore will cost you in the range of Rs. 12,000 to Rs. 18,000 per month depending on the area. Keep these expenses in your mind while estimating the cost of living in Bangalore.

The expense of living in PGs in Bengaluru

Another option for living in Bangalore is PG that is very popular among students, working professionals, and job seekers. PGs are mostly situated nearby to educational institutions or places of work.

The benefit of living in PGs located around the educational organization and places of work is it will save you transportation costs. This will lower the cost of living in Bangalore. If you want to live in a PG then the approximate cost will be Rs. 4,000 to Rs, 10,000 inclusive of food.

The cost of living around Tech Parks of Bangalore

Living around the Tech Parks of Bangalore will cost you a lot in the rand of Rs. 10,000 to Rs. 5,00,000. You can find luxury living options in areas like Bagmane Tech Park, ITPL, Indira Nagar, Koramangala, and MG Road. Living in these areas will cost you in the range of 10,000 to 23,000.

House/PG/Apartments Rental Rates in Bangalore

House SizeRental Cost
1 BHKRs. 7,000 – Rs. 10,000
2 BHKRs. 10,000 – Rs. 20,000
3 BHKRs. 12,000 – Rs. 25,000
Paying Guest (PG)Rs. 5,000 – Rs. 15,000

Property Purchase Price in Bangalore

Areas in BangaloreAverage Price Per Sqft.
HSR layoutRs. 12,264.02 / sqft
WhitefieldRs. 8,196.71 / sqft
Electronic City Phase 1Rs. 7,961.32 / sqft
RR NagarRs. 10,482.38 / sqft
KoramangalaRs. 19,127.7 / sqft
Indira NagarRs. 14,337.64 / sqft
MarathahalliRs. 9,0.89 / sqft
BegurRs. 8,790.99 / sqft
HebbalRs. 12,748.85 / sqft
BTM LayoutRs. 70,450.27 / sqft
Kalyan NagarRs. 14,775.41 / sqft
RajajinagarRs. 33,151.88 / sqft
BrookefieldRs. 10,290.47 / sqft
CV Raman NagarRs. 11,191.32 / sqft
BanaswadiRs. 8,578.26 / sqft
ChandapuraRs. 5,199.6 / sqft
Ramamurthy NagarRs. 7,493.05 / sqft
ITPLRs. 10,71.29 / sqft

2. Food Expenses in Bangalore

Food is one of the major expenses that will influence the overall living cost in Bangalore, the IT Capital of India. You cannot neglect this because it significantly affects the living cost. Students, job seekers, and working professionals (bachelors) prefer to live in PGs that offer food.

Hence, they may not have to pay additional charges for food most PGs don’t charge an additional amount for food. They charge an all-inclusive price. Some prefer to hire a cook or cook for themselves. This will somewhere cost you in the range of Rs 1200 to Rs 3000 monthly.

If you go outside to eat food in Bangalore, then it may cost you in the range of Rs 3000 to Rs 4000 monthly. The food cost of living in Bangalore may vary depending upon the choice of food you eat. If someone wants to have their breakfast or meal in a restaurant then it will cost in the range of Rs 1000 to Rs 400 per person depending upon the choice of food and restaurant.

Online food ordering portals are other options that may deliver you food to your home in Bangalore. It is advisable to plan food expenses according to your budget.

Food ItemsPrices
Meal [Affordable restaurant]Rs. 100 – Rs.400
Meal for 2 [Average restaurant]Rs. 500 – Rs. 2,000
Domestic BeerRs. 100 – Rs. 300
Imported BeerRs. 150 – Rs. 400
Tea / Coffee (Regular)Rs. 100 – Rs. 200
Soft drinksRs. 20 – Rs. 100
WaterRs. 10 – Rs. 30
Monthly cook cost for a coupleRs. 1,000 – Rs. 3,000
Monthly dining out cost a coupleRs. 1000 – Rs. 4000

3. Expenses on Groceries in Bangalore

Grocery expense is a key inclusion in the total cost of living in Bangalore. It is something without which you cannot think about living here, especially if you have decided to set up your kitchen.

If you are living in PGs or dependent on mess, then you may not have to bear the expense of groceries. But most people prefer a homemade meal, hence, expenses of grocery items are obvious.

Purchasing groceries and related items in Bangalore is cheaper and affordable as compared to other metropolitan cities of India. You can purchase groceries from nearby grocery shops or malls, which are quite cheaper.

If you usually eat outside, then the cost of purchasing groceries will not make a big hole in your pocket. It will be in the range of Rs 500 to Rs 1000. If a person typically cooks at home, then the cost of buying groceries will be in the range of Rs 1000 to Rs 50000. On average, the monthly expenditure on groceries will be Rs 6000.

GroceriesPrices
Milk (regular), (1 liter)Rs.33 – Rs.55
Fresh Bread (500g)Rs.25– Rs.40
Rice (white), (1kg)Rs.45 – Rs.67
Eggs (regular) (12)Rs.60
Local Cheese (1kg)Rs.250 – Rs.800
Chicken 1 kg (Boneless)Rs.135 – Rs.360
Apples (1kg)Rs.100 – Rs.210
Banana (1kg)Rs.40 – Rs.80
Oranges (1kg)Rs.50 – Rs.100
Tomato (1kg)Rs.20 – Rs.40
Potato (1kg)Rs.20 – Rs.40
Onion (1kg)Rs.20 – Rs.40
Lettuce (1 head)Rs.43
Bottle of WineRs.400 – Rs.1000
Cigarettes 20 PackRs.200 – Rs.300

4. Expenditures on Utilities

The expenses on utilities are among the top factors that significantly influence the cost of living in Bangalore or anywhere in the world. Utilities include electricity, gas, DTH, and internet/cable connection. These are part of the living cost in Bangalore. And you cannot stop utilities’ expenses completely. The monthly expenses on utility services would come around Rs 500 to Rs 3000 depending upon the usage, locality, and various other factors.

Monthly Utility ExpensesCost
Electricity, Heating, Cooling, Water for a houseRs. 2,000 – Rs. 4,000
Prepaid Mobile Tariff (Local)Rs.300 – Rs. 800
Internet (Unlimited Data, Cable/ADSL)Rs. 500 – Rs. 2,000

5. Transport Cost for Living in Bangalore

Transport expenses can also affect the cost of living in Bangalore. The IT Hub of India offers an extensive range of transport facilities to commute between the city and some other nearby locations.

Popular transport facilities available in the city include metros, buses, cabs, etc. In addition, you can find a number of transport facilitators in the city like Uber, Rapido, Ola, etc.

The most economical way for commuting in Bangalore is using your own vehicles like bikes and cars.  The metro train ticket price in Bangalore will be in the range of Rs 10 to Rs 60. You can also apply for a monthly bus pass. The cost of a monthly bus pass will be in the range of Rs 1200 to 2000. It will be an economical option.

Transportation FacilityPrices
One-way ticket (Buses)Rs. 20 – Rs.50
Monthly PassRs. 1,000 – Rs. 2,000
Taxi tariff (one side)Rs. 100 – Rs. 500
Maximum Metro Train TicketRs. 60
Petrol (Per liter)Rs. 100 – 113 (may vary)
Diesel (Per liter)Rs. 85 – 100 (may vary)

6. Expenses of Kids Schooling

Bangalore, the Garden City of India, is home to some of the best schools in the country. Hence, you will never find difficulties in finding a good school in the city for your kids. There is a plethora of kindergarten schools, senior secondary schools, CBSE schools, ICSE schools, and international schools.

Fees of some schools might be very high but still, you can find some good schools at affordable fees. Usually, fees for kindergarten schooling will be in the range of from Rs 3,750 to 12, 500 per month.

Fees in international schools in Bangalore will be in the range of Rs 100000 to Rs 300000 per annum. And fees in primary schools for a single child will range from Rs 4000 to Rs 12000 quarterly.  If you are moving with kids and children, these expenses can affect the living cost in Bangalore.

Childcare & SchoolsPrice
Preschool or Kindergarten for a single childRs. 3,750 – Rs.12,500 (monthly)
Primary schools for a single childRs.4,000 – Rs. 12,000 (quarterly)
International Primary School for a single childRs. 1,00,000 – Rs. 3,00,000 (yearly)

7. Shopping Expenditures in Bangalore

Shopping expenses will also be an important cost head in the total cost of living in Bangalore. Bangalore has some good shopping areas, malls, and complexes to fulfill all your shopping needs. MG Road, Majestic Market, Chickpet, and Commercial Street are popular shopping markets in the city where you can purchase the latest trends in fashion at decent prices.

These markets are known for selling clothes, shoes, accessories, bags, and electronics at very affordable rates. Shopping in high-end shopping malls and branded showrooms will be an expensive affair.

But the city has a lot of high-end shopping malls and branded showrooms where you can enjoy shopping. In general, your shopping expenses will depend on the choice of product, brand, and area. If you are a shopping enthusiast, these expenses will also affect the total living cost in Bangalore.

Clothing and FootwearPrice
1 Pair of JeansRs.1,200 – Rs.4,000 (price will vary on brands)
1 Summer Dress in a Chain Store (Zara, H&M)Rs.1,800 – Rs.2,300
1 Pair of Nike Running Shoes (Mid-Range)Rs.1,800 – Rs.5,000
1 Pair of Men Leather Business ShoesRs.1,500 – Rs.5,000

8. Entertainment Expenses in Bangalore

Entertainment expenses will be another cost head in the total living cost in Bangalore. The city has several things to keep you entertained. There are malls, multiplexes, amusement parks, etc in the city. You may also like to go shopping in famous malls like Orion Mall, Mantri Mall, and Phoenix Mall.

Popular places to visit in the city include Lal Bagh Botanical Garden, Cubbon Park, Freedom Park, Wonderla, etc. Bannerghatta National Park is a must-visit for those who live in Bangalore. If you are looking for an affordable entertainment option, then keep your monthly entertainment budget around Rs 1,000 to Rs 1,500.

Sports & LeisurePrice
Fitness Club, Monthly Fee for 1 AdultRs.750 – Rs.1,500
Tennis Court Rent (1 Hour on Weekend)Rs.100 – Rs.600
Cinema, International Release, 1 SeatRs.150 – Rs.200

Winding Up

You might find the cost of living in Bangalore a bit expensive. But it is affordable as compared to other metropolitan cities like Mumbai and Delhi. If you are planning to shift to Bangalore, then the aforementioned points will help you live in the city within your budget. You can plan your budget accordingly and enjoy cost-effective living in Bangalore, the IT capital of India.

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