Average Cost of Living in Bangalore for Bachelors

Bengaluru (formerly known as Bangalore) is one of the select few Indian metropolises that is endowed with everything from a pleasant temperature, an ever-expanding technology skill pool, and a rich history, to the creature comforts of natural vegetation, as well as a developing retail, restaurant, and nightlife scene.

If you’re worried about the quality of life and cost of living in Bangalore, don’t be! Bangalore has been one of the top cities in the recently published Ease of Living Index 2023. In terms of performance in the categories of finance, services, technology, policy, and governance, Bangalore has come out on top according to the cost-of-living index

If you wish to relocate to Bangalore at a decent rate, packers and movers from Chennai to Bangalore will help you out. No matter who you are—a student moving for further education, a diligent job seeker, a computer whiz, or a couple seeking a better life—you will be rewarded with lovely parks and interesting restaurants. Do not worry if you are unsure of Bangalore’s cost of living. With an extensive breakdown of Bangalore’s 2024 living expenses, we are here to help!

How is the quality of life in Bangalore?

Bangalore’s diverse culture makes for a stimulating way of life, but it can also be pricey. Bangalore’s cost of living has risen with time, particularly in terms of housing. However, the city provides a decent combination of quality of life and employment prospects, drawing individuals from all over the nation. One might look at inexpensive dining options, public transportation, and leisure activities to enjoy life in Bangalore without breaking the budget.

Factors Affecting Bangalore’s Average Cost of Living

Due to a booming service sector and a vibrant real estate market, not only are businesses, including start-ups and multinational corporations, rising at an alarming rate, but the regular consumer also has a wide range of lifestyle options. The Greater Bangalore Municipal Corporation, commonly known as the BBMP or Bruhat Bengaluru Mahanagara Palike, has also offered its residents several low-cost facilities, such as free water, a well-connected bus transit system, a reliable energy supply, and more. The average monthly costs in Bangalore might also include the lifestyle of its poshest neighborhoods, given that it is the fifth city to house the greatest number of Fortune firms after cities like Delhi, Mumbai, Chennai, Kolkata, etc.

We have included a data table from GoDigit to highlight the cost expenses for bachelors in Bangalore.

Accommodation Prices in Bangalore

Given the presence of several paying guests, hostels, and the availability of rental homes close to colleges and institutions, Bangalore’s cost of living for a bachelor, for instance, is relatively reasonable. Renters in paying guests’ and hostels’ accommodations pay for their use of the utilities (electricity, water, Wi-Fi, etc.). For example, a fresher will pay less to live in Bangalore because they can choose to rent an apartment where the cost of shared utilities is split among the inhabitants. The cost of living in Bangalore for students is also reduced by inexpensive fast-food restaurants, military lodging, food carts, etc. Given the availability of residential zones where people can rent or buy flats close to important commercial hubs, Bangalore’s cost of living for young couples is also relatively affordable. Even though there are many 2BHK, 3BHK, 4BHK, and even larger apartments, such as villas, there are plenty of smaller apartments for rent, such as 1BHK and 1RK. 

The perfect choice may be made based on many factors, such as how close a property is to your workplace or school, how big it is, how far it is from other businesses, what facilities the builder or real estate developer is providing for their units, etc. For example, rent for a 2BHK apartment in Bangalore’s downtown areas is between INR 15,000 to 30,000 per month. You have the option of choosing co-living accommodations in addition to the standard paying guest and renting alternatives. Due to the availability of single, double, and triple sharing rooms for anywhere between INR 6,000 and 15,000, depending on the range of conveniences and amenities you want to explore, Bangalore’s cost of living for students is significantly reduced. Students’ living costs in Bangalore are reduced in a variety of ways, including those related to food, maintenance, laundry, housekeeping, and property security.

You can also read about What are the Top 5 Affordable Places to Live in Bangalore .

Bangalore’s typical monthly electricity bill

For a home in Bangalore utilizing between 100 and 120 units per month, the typical power cost is around INR 600. However, the energy price in Bangalore fluctuates according to the quantity used. Based on the quantity utilized, the Karnataka power board assesses a per-unit cost for home long-term supply. For instance, the cost per unit is INR 4.05 for 0 to 50 units and INR 5.30 for 51 to 100 units. The price per unit for 101 to 200 units is INR 6.85, and for more than 200 units, the price per unit is INR 7.7.

Transportation Costs in Bangalore

There are numerous transit choices available in the city, which allows Bangalore’s cost of living for singles and couples alike to be lower. For example, the city distributes BMTC buses and metro services well. Despite the fact that a regular bus ticket can cost anywhere between INR 15 and INR 50, you can also choose to get a monthly pass for just INR 1,100 for non-AC buses and INR 3000 for AC buses. Transportation costs in Bangalore. 

Tickets for the metro rail might cost anywhere between INR 10 and 60 per ride if you decide to take one. Alternately, tech-savvy individuals also prefer to use mobile aggregation apps like Ola, Uber, and others for cabs and carpooling both inside and outside of the city, or Rapido, Bounce, and others for scooters inside the city. The abundance of possibilities greatly facilitates a bachelor’s ability to lower Bangalore’s cost of living.

Bus prices in Bangalore

According to the offered web search results, the cost of a monthly bus pass in Bangalore is based on a number of variables, including the type of pass, the distance traveled, and whether the pass is valid for AC or non-AC buses. Depending on the type of pass and distance traveled, monthly bus passes from the BMTC (Bangalore Metropolitan Transport Corporation) cost anywhere between Rs. 830 and Rs. 3150. 

In a similar vein, the KSRTC (Karnataka State Road Transport Corporation) also offers monthly passes at discounted rates for regular users including employees, students, and traders, although the costs may change based on the distance and type of pass. All bus stations sell KSRTC monthly passes, which can be used to travel with an identity card that the KSRTC has provided.

Food and grocery prices in Bangalore

The cost of groceries is fairly reasonable due to the development of a local dairy sector and the availability of locally supplied agricultural products. The cost of living in Bangalore for a family drops significantly, ranging from INR 5,000 to 8,000 for two people, from the neighborhood roadside seller, Kirana store, to the frequent supermarkets, malls, and even online alternatives like BigBasket, Amazon, Swiggy, and Dunzo, etc. However, given that a two-person fare in a moderately expensive restaurant can range from INR 200 to 1,500 for bachelors who cannot prepare and do not enjoy the cooked meals in paying guests, the minimal cost of living in Bangalore may go a little higher. The price may increase from INR 1,000 to 3,000 in more cosmopolitan regions with microbreweries, recreational areas, and expensive boutique or chain restaurants.

Utility Prices in Bangalore

In Bangalore, using utilities like water, power, and rubbish disposal costs money for the family. Because fewer utilities are used and there are fewer home equipment that require electricity, Bangalore’s cost of living for a single individual is generally inexpensive. For instance, a bachelor renting a one-bedroom home may pay between INR 200 and INR 300 for water, INR 500 for a garbage disposal, and INR 1,000 to INR 2000 for electricity (INR 4.10 per unit). 

Depending on whether you are a working professional, the cost of internet, cellular recharge, and wi-fi services can range from INR 500 to 1,500 per month. Depending on whether they have children or elderly relatives who require higher utility use, a couple’s cost of living in Bangalore may be a little on the higher side.

Conclusion

In this article, we have gone over several factors that might influence your decision to settle down in Bangalore. We have highlighted the average cost of living in Bangalore as a bachelor to help provide you with a map to help you settle down in a new city. If you are planning to settle down in Bangalore, you can book RKS Transport to make your move hassle-free.