From the above table, it can be noticed that the overall cost of medical expenses is similar in both cities. If a person earns 25k without loans and still can't manage to be comfortable then they're just terrible with their money. You can picture it right now. 4 aspects that decide the cost of living in Chennai in 2022: Rental Costs Transport Electricity and Wifi Leisure & Entertainment Looking for rental rooms with customizable meals and daily housekeeping? The cost of living index of both metro cities is very low compared to other metro cities of India. Average Salary to Buy a House in Chennai. Transportation Cost If you plan to live near your office, you can save quite a bit. A small neighbourhood in the affluent high grounds residing many retired Surat, known as the Diamond City of India, is not only famous for its thriving textile and diamond industries but also for its excellent residential communities. Although this may vary across localities and property types, on an average, residential properties on rent can help you recover 3.998334 percent of the property cost. 20000-23000 in budget living and Rs. But like any other student-friendly city, youll always find some life hacks for you to chill without burning a hole in your wallet. . Chennai is 15.3% cheaper than Delhi. I like all of Chennai as well as Dhaka. The cost of living in Chennai is most affordable if you dont have any extra luxury planned for yourself. How many 2 BHK house available on rent in Chennai? What is the difference between Jepax and JEPI? of members staying in the city. Private schools in Chennai usually use English in the classroom, and most international schools offer the International Baccalaureate diploma. You want to play games on your console or make the spaghetti your roomie loves. These schools will therefore not be appropriate for expatriate children who cannot speak any of the local languages. Pay your rent, electricity bills and water bills in advance. If we talk on average considering all the factors then it comes out to be around Rs 30,000 per month is a good salary with the average standard of living. Income a single person needs to get by in every US state - CNBC For a comfortable living, the salary should be around Rs 30,000 - Rs 50,000 per month. The Connemara Public Library is one of four depositories across India which receives a copy of all newspapers and books that are published in the country. Utilities costs: The overall cost of electricity, water, and maintenance charges may range from Rs 1,500 to Rs 3,000. You can rent a 1 BHK apartment at Rs 8,000 per month. Adding up other expenses like utilities, transport, food, etc. If you rent a 1BHK in areas like Koregaon Park . There are 2232 fully furnished Flats available for rent in Chennai. 30000-40000 in luxury living. How can you tell if a man is metrosexual? These articles, the information therein and their other contents are for information purposes only. With a combined income of Rs 20,000 a month, a couple can still lead a decent life in any Indian city. See also: How to apply for TNEB new connection? 20000-25000. The average monthly expenditure on utilities would come around Rs. Chennai is the second best metro, going by the 'ease of living index' released by the ministry of housing and urban affairs on Monday. The first is the most straightforward: many companies who are sending expats to Chennai will also look for homes for them. In Kolkata, you can also find trams and ferries as convenient modes of transportation. The kind of traffic that can quickly turn your morning zen mood into a Rahul Dravid losing it in Indiranagar one. Most of the dwelling options come with meal facility and its charges are included in the rent. In South Mumbai rent alone for 1RK will range from 15k-20k. Chennai is relatively safe compared to other major cities in India. The cost of living index in Chennai is 22.87 and in Kolkata, it is 22.38. A slightly bigger apartment will be available at an average rent of Rs 11,000 - Rs 14,000 per month, depending upon the type . The cost of utilities will also depend on your lifestyle. Is 30 000 rupees a good salary? (2023) - Investguiding Summary of cost of living in Chennai, India: A family of four estimated monthly costs are (97,193.2) without rent (using our estimator). How much does it cost to buy a land in Chennai? If you use public transportation, you would have to spend at least Rs 1,000 per month, depending upon the comfort you choose. I never worried or thought about budget kind of things till date (seriously i regret for this now), I am little bit concerned about how much amount ll be required monthly for running a happy family (i already read whatsapp forwards that say money doens't bring happiness). Rent in Chennai is, on average, 94. . 12 [deleted] 9 yr. ago Same. How much money do you need to live comfortably in Mumbai? Lifestyle cost: As a bachelor, you would need to spend only on your needs and requirements when it comes to clothing and going out. The town, back then called Chennapattnam, which developed around the British fort, became an important center for international trade and regional politics. The cost of transportation is lesser in Kolkata and higher in Chennai. I'm from Scotland and don't know a thing about London and I live with my parents. Join InterNations and connect with a community of like-minded expats in India! -6 Infini-Bus 9 yr. ago http://aspe.hhs.gov/poverty/13poverty.cfm I was living on like 12k for a year by myself and it was doable, although I had to have a strict budget. If after seeing the city you feel like experiencing something more natural, try the Guindy National Park. Here is the list of monthly expenses a single person requires to survive in Chennai. This is the scenario. All Rights Reserved. I like all the possibilities this network offers to me: From finding information over my new dentist to meeting other expats in my free time. Which country is best for honeymoon in December? The police often turn a blind eye to this sort of crime, and it is therefore best to take preventative measures: Travel in groups, if possible; be alert if you are alone; limit your interaction with strangers; and dress conservatively and inconspicuously. The average monthly expenses incurred by parents for their childrens primary school fees can be around Rs. Located in the heart of the city, this park provides a pleasant and, given its central location, surprising escape from the noise and traffic of Chennai. Is 25k enough in Bangalore? All ways to wind down. But opting out of some of these cookies may affect your browsing experience. By clicking Accept All, you consent to the use of ALL the cookies. Some of them are discussed below: Home ownership: A 2BHK for rent in Chennai, for a family of three, on an average will range around Rs 12,000 Rs 15,000 per month, which may depend upon the housing society, locality and quality of housing option. Is 25k enough to live in Chennai? Remember to never settle for their first offer! Chennai is a large metropolitan city but it caters to all your transportation needs. Terms of Use and Housing.com shall not be liable in any manner (whether in law, contract, tort, by negligence, products liability or otherwise) for any losses, injury or damage (whether direct or indirect, special, incidental or consequential) suffered by such person as a result of anyone applying the information (or any other contents) in these articles or making any investment decision on the basis of such information (or any such contents), or otherwise. Otherwise, when you come across these hidden costs later, youd think sleeping on the beach would have been a much more economical decision. Can I live in Bangalore with Rs. 25,000 per month? - Quora e-Residences: Situated in Nungambakkam, central Chennai, the e-Residences project provides good connectivity and high-quality infrastructure, including jogging tracks, a business lounge, and a banquet hall. See. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com. Actually, before you read on, you should know were no noobies handing you bad advice. Chennai Living cost(Middle class) from other states. Rental Costs This is the scenario. An Indian earning a monthly wage of Rs 25,000 is among the top 10 percent of earners in the country. 5000-8000 for a 1 Bhk and Rs. Localities become popular for a lot of reasons such as huge supply, exceptional demand, proximity to job centres and the like. Various factors must be considered when we talk about the cost of living. What salary is needed to live comfortably in Chennai? This cookie is set by GDPR Cookie Consent plugin. Ans. 12&13, 17th Cross, Sector-7, HSR Layout,Bengaluru-560102 Bengaluru KA 560102 IN. Cricketer. Marina beach which runs for 6 Kms is the longest urban natural beach in the country and a perfect place to watch the sun go down. Chennai is not an expensive city. The overall cost of living in Chennai for a family is approximately Rs 50,000. New Delhi is an expensive place to live. Is it wise to buy flat in Mumbai? A one-way ticket on local transport comes to Rs. Would you like to see how prices increased over time? Chennai is also known as The Detroit of India, is home to more than one-third of Indias automobile industry. However, keep in mind that these agents often charge high fees for their services. That is 428.49 USD per month, according to the exchange rates in July 2021. Is 25k enough to live in Pune? Why should you invest in affordable properties on rent in Chennai? Marina Beach is the largest urban beach in India, and one . A person staying in Kolkata can experience convenient transportation. Luxurious Retirement Homes In Chennai - Suprabhath Retirement Community The expenses like utility, food, groceries, etc., are also higher for families. Net office absorption across the top eight cities likely to surge by up to 10% to 32.4 million sq ft, in 2017. Already paid the 3 lakhs for the first year there, since it seemed to be the best option I had back then. #25 19-06-2012 6:14pm. Avoid the water, though, as there is a strong undercurrent that can take swimmers by surprise. Chennai also has excellent facilities for its thousands of students. -- , Hi Chennai.. A few frequently used foods and shopping items for a person in both places are given. Adding to this the utility expenses which can come around Rs. If your salary is 30000 Rs per month, then your salary structure will consist 50-60% basic wage, 40% HRA (for non metro cities) and 50% (for metro cities), 1600 Rs for conveyance allowance, 1250 Rs for medical allowances, and remaining amount will be included in other allowances (or) special allowances. Is 25k enough to live in Chennai? Is 25k enough to live in Delhi? If you are planning to move in into any of these cities, then the above estimates will act as a guide for you to plan your cost of living in the city. What is comfort to few is a luxury to many hence it all depends on what people see as comfortable lifestyle. A night on the town. Additionally, there will be some costs for transportation, utilities, and meals. Leisure and entertainment costs in Bangalore: There are unisex coliving spaces with double accommodation. 35,000/- Rs. And yeah, our co-living spaces in Chennai do take care of it all, whether its about providing you with yum meals or daily housekeeping or your own E-butler in the form of our Stanza Living resident app. 3 Is Chennai more expensive than Bangalore? Its been a long day. A weekend tennis game. But, the cost of other items is more in Chennai. The languages students are taught in at Chennais state schools will be Tamil and English, although some schools also use Telugu, Urdu, or Hindi. If you are buying a property for sale in Chennai, the cost of living may include usual EMI which will depend on prevalent interest rates along with monthly maintenance charges of the housing society. Or trying out new seafood cafes. You've conquered many dragons. Including all the expenses like transportation, groceries, personal expenses, and much more. What to choose: CSE in VIT-C vs SSN vs Manipal? - Reddit 760000/- per annum excluding other benefits, 672000/- per annum excluding other benefits, Rs. We would love to hear from you. Living in Chennai: What You Need to Know Before You Move - InterNations 1500, the overall average cost of living for a single person in Chennai can be around Rs. 12000-15000 and a 2 Bhk flat will cost you Rs. What is the cost of living in Chennai? - Housing.com 10,000 per month which can go up if you are inclined towards international schools. The city is well-known for its distinct culture, enthusiasm for music, temples, beaches, severe hot weather, and IT hub. Manipal: Got 1100 rank, slim chances of getting CSE, but I think I'll definitely get in the CSE . Analytical cookies are used to understand how visitors interact with the website. Did the monkey that went to space survive? Ans: You can live a comfortable life in Kolkata if you are earning 25K. CHENNAI . The average fees for primary schools are around Rs. The cost of medical expenses will solely depend on the requirement irrespective of the no. Is 25k enough to live in Chennai? This may cost you Rs 2,000 more than the former option. The drive along the beach, which runs the length of Chennai, is recommended for its lovely palm trees and numerous monuments. Telugu people, Bengalis, Punjabi, and Anglo-Indians. What does it mean to take myself seriously? Elliots Beach is slightly quieter than Marina Beach, offering a nice respite from the hectic pace of Chennai. 5 Which is the most expensive city in India? This not only saves your commute time but also saves you a lot of money spent on travel. Due to the water scarcity in Chennai, these prices can differ from place to place. What is in hand salary if CTC is 3.6 lakhs? In posh areas like Anna Nagar, a 1 Bhk flat will cost you around Rs.12000-18000 whereas for a 2Bhk flat the cost rises to around Rs20000-25000. 35,150/- the basic salary at entry level, 50% of the CTC (basic salary calculation formula 2). It is also a famous tourist destination. Of course, the PG can charge extra money for these facilities, but still, it can save them a lot of cost, effort & time. Which part of Mumbai is best? Rental yield in Chennai city is 3.998334 percent. Is property expensive in Mumbai? (2023) - Investguiding Try to look for homes on Old Mahabalipuram Road as Tidel Park is located at the start of this road. Especially on the morning commute. However, the amount difference is very negligible. As far as religion is concerned, you will find some Muslims and Christians living in Chennai, but the vast majority of the population is Hindu. Built in 1640 by the East India Company, this is believed to be the first British establishment in India. Or going out to any of the gorgeous beaches in the city. Instead, private or international schools will be far more accommodating. How much, you ask? Chennai also has an expansive local train network which is used by thousands of commuters daily for their commute. 2500-3000 if you cook or hire a cook. It depends on the place you live in. Pragnya Eden Park: With the most pleasing design and amenities like indoor games, yoga/meditation center, intercom, and power backup, Pragnya Eden Park is one of the most popular residential estates in Chennai. How much money do I need to survive in Bangalore? What is good salary in Bangalore? | Akshat Shrivastava Hindi, (Video) Advanced java | class 03 | Introduction | Chanti Techs | advanced java tutorials |, (Video) 50-30-20 Rule of Money | Easy Financial Planning for Beginners, The basic pay is usually 40% of gross income or 50% of an individual's CTC. There are gyms that are much cheaper and much more expensive. You can always come to Stanza Living co-living spaces in Chennai, no problem. Moreover, such accommodations may also offer facilities such as Wi-Fi, housekeeping and utility charges, etc. Weve strengthened our commitment to information privacy by following GDPR guidelines, the global gold standard for data privacy. However, the cost of living here changes as per the no. Chennai's average property price is Rs 6,116 per square foot. Living in Mumbai involves a huge chunk of salary as Rent. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. How much does it cost for a student to live in Delhi? I got married recently and moving to Thiruvanmiyur in a couple of months. And that tennis game on the weekend will put you back Rs. Is Mumbai real estate overvalued? It leads to the wasteful use of valuable resources and talents in unproductive activities and invariably redistributes resources from large unorganised populations to small organised groups. Is 25k enough to live in Mumbai? One must take into account several expenses, including monthly utility bills, food, transportation, domestic help, and other costs. There are various modes of transport such as local trains, metro trains, cab services, auto-rickshaws, buses, etc. It lies to the east of the city, just three kilometers from the center, so it can be easily reached by everyone living in Chennai. Since bachelors do not have their families to look after, It can be conducive for students or singles who have shifted to Chennai in search of a job. Which city is costly Mumbai or Bangalore? (2023) 5 of the poshest areas of Chennai where the billionaires and celebs own Of the 25,000 that you earn, you will need at least (7,000 + 3,000 + 3,000 + 2,000 + 1,000) 16,000 - 20,000 for your monthly expenses to survive in Delhi. Your second choice is to look for a home yourself. But enough about us already. Today, living in Chennai has become a multiethnic and multicultural experience. Rent - 18k-25k for 2bhk Eb bill -800-5k depending on the season Water bill - depends on the society you live in Gas-1000 Entertainment-5-8k a month Milk-800-1500 (depends on how much you drink) Grocery-3-4k Veggies and meat 3k Maid-1000-3000bucks depends on what kind of work you want her to do. The maximum heat index, which calculates the temperature value influenced by the moisture in the air, is evaluated at 46C (114.8F). May we just point out that the backdrop of this lovely evening, your actual home which is a co-living space, comes at a cost. The biggest of these is Thai Pongal, which is celebrated over a period of several days in January. Chennai has a mix of public and private schools of which there are hundreds to choose from in the city. 6.6 per unit for above 500 units. I started up with a monthly salary of exactly 25 grands, just within six months in the city working as a software . 25. Chennai although being one of the biggest metropolitan cities is surprisingly cheaper compared to other cities. Rs. Depending upon the standard of living, your average salary should be Rs 40,000 - Rs 60,000 per month. This could cost you around Rs 15,000 Rs 20,000 per month, depending upon the number of people in the family. Suprabhath Retirement Community is one of the best luxury old age homes in Chennai that gives you a satisfying life. So, try not to carry large amounts of cash or important documents with you. As it was an document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 MyGate. Ideally, such a relocation package will include maid services and drivers. The cost of living in Chennai for bachelors, couples and families mainly differ, because of the type and size of housing and other lifestyle choices. 5000-6000. With many options for restaurants and street-side food, Chennai is easy on your pockets. Overall. Many of the schools and colleges in and around Chennai are reputed all over the country. Those who study MBA or PGDM from a prestigious business school get a starting salary of around 12 to 30 lakhs per annum. 21 [deleted] 9 yr. ago Are you sure? 18,000 for a 1BHK to Rs. How much salary do you need to survive in Bangalore? Similar to the trend observed in Bengaluru and Hyderabad, the city of joy also witnessed a workforce return . Other upscale residential areas for expatriates include Anna Nagar, the scenic seaside stretch of the East Coast Road, the neighborhood around the Madras Boat Club, or communities like Bishop Garden. For a comfortable living, the salary should be around Rs 30,000 . Is EUR. 25 000 per annum a good salary? - boards.ie The other important thing to do is to save. And it's tougher if you're single. Luxury apartments in Chennai are now available with the configuration of 1, 2, 3 & 4 BHK having multiple carpet Best luxury & strategically located ready possession flats in Chennai are spread across multiple locations in the city. All views and/or recommendations are those of the concerned author personally and made purely for information purposes. Your average commute charges in Chennai would come around Rs.1000-1500 depending on the distance and the type of transport you choose. With a combined income of Rs 20,000 a month, a couple can still lead a decent life in any Indian city. 6 Why should you invest in affordable properties on rent in Chennai? So start packing maybe? * However if you were to work within the city , then the monthly budget will be allocated as follow. Couples might choose to live in spacious 1 BHK apartments by paying the rent of Rs 15,000 each month. In an average locality, the cost will be Rs 70 lakhs Rs 1 crore for a 3BHK apartment. The cost of basic expenses and internet for 60 Mbps is more in Chennai, however, the prepaid cost on mobile is higher in Kolkata for 1 min. Why property in Mumbai is so expensive? The quality of life index in Chennai is 112.70. Chennai also has affordable and healthy street food options like south Indian cuisine, which bachelors can thrive on. With a salary of 23000, how can one afford to live in Chennai? Not only tourists, but Chennai is also flocked by students as well as job-seekers not only due to its affordable cost of living but also for its brilliant educational infrastructure and multiple big companies based here. However, the cost of a new car on average is the same in both cities. IT IS INTERESTING: Did the American Indian tribes fight each other? If you plan to occupy a newly built apartment or home in Chennai, obtaining an occupancy certificate (OC) from your builder or the appropriate government authorities is necessary if you have constructed it. A person working in India typically earns around 31,900 INR per month. Can a doctor earn 10 lakhs per month? What is the average salary in Kolkata? You get everything here in all possible price ranges. 9. 4 aspects that decide the cost of living in Chennai in 2022: Looking for rental rooms with customizable meals and daily housekeeping? Contact Agent. This is also true for Elliots Beach (aka Besant Nagar Beach), where it is advised that you remain in the cleaner, northern part of the beach. In Kolkata, the cost of cold medicine is higher, but the visit to a general physician is lesser than in Chennai. What salary is needed to live comfortably in Chennai? There are also some excellent residential areas with lovely properties, but they will be fairly expensive. Couples might choose to live in spacious 1 BHK apartments by paying the rent of Rs 15,000 each month. 4000 and the transport expenses which can be somewhere around Rs. Ans: Both metro cities have exceptionally low cost of living indices when compared to other metro cities in India. Electricity bill (basic utility- electricity, cooling and heating) for an 850-sq ft apartment, Whether you reside in a 1 BHK or a 2BHK apartment. You can find schools managed by the government as well as many reputed private schools. 1500, the overall average cost of living for a single person in Chennai can be around Rs. Boat Club and Poes Garden are some of the most expensive areas in Chennai. Just check out our residences in Chennai. On the other hand, North Indian cuisine is slightly expensive. Will real estate prices fall in Mumbai? The rents in the usual budget areas are Rs. India accepts only the national currency, rupees, and the first thing expats and visitors are searching for in India is a currency exchange. 8000 or higher. - For me, Yes it is. These are approximate costs. The cost of living in Chennai for bachelors, couples and families mainly differ, because of the type and size of housing and other lifestyle choices. Providing any sources would have been great.