Gurgaon, more commonly known as Gurugram, is one of the preferred areas in the National Capital Region (NCR). The city has a multitude of housing projects for those who want to reside in proximity to Delhi and enjoy a quality lifestyle. The presence of several Fortune 500 companies, contemporary infrastructure and luxury housing options has helped attract people to the city from all over the country. From young working professionals to families, Gurgaon has evolved to be a befitting destination for all age groups. For an unmarried person, the cost of living in Gurgaon is around Rs 30,000 per month and about Rs 70,000 per month in the case of families. This could further go up to Rs 1 lakh, depending upon the area you live in and the distance of your office from your home since transportation is fairly expensive in the area. Hence, here is a look at the factors influencing the cost of living in Gurgaon.
Important things to consider
If you are planning to relocate to Gurgaon, there are certain factors you should thoroughly research before making the move. Factors, such as transport, food, living, and utility, among others, will help you decide the budget to lead a comfortable life. Thus, it is crucial to evaluate expenses as per:
- The job or the profession that you currently have
- Whether living alone or with your family
- Lifestyle choices
- Monthly income
- Whether you plan to rent or buy a property
- Education or job-related expenses
- Daily traveling and transportation required
- Fuel cost
- Food expenses
- Utility bills, such as electricity, gas, television, and domestic help
Cost of living in Gurgaon
To make things a bit easier for you, here are some details on the estimated costs of living in Gurgaon.
Expenses | Average cost |
---|---|
Average monthly rental for a 2 BHK apartment | Rs 22,000 |
Average cost of a 2 BHK apartment in Gurgaon | Rs 80 lakh onwards |
Monthly expenses towards utilities, such as electricity, water, gas, maintenance | Rs 5,000 |
Monthly transportation cost | Rs 5,000 |
School fees (for families with children) | Rs 30,000 |
Average cost of a meal in a restaurant | Rs 600 |
Cost of a meal in a mid-segment restaurant | Rs 1,500 |
Monthly groceries expense | Rs 8,000 |
Miscellaneous expenses | Rs 6,000 |
Cost of living in Gurgaon for a bachelor
Below are some important factors that one needs to consider when living in Gurgaon as an unmarried individual.
Property rates and rent
For bachelors living in Gurgaon, there are 2 BHK as well as 1 BHK apartment to choose from. One can choose to rent the whole residential apartment or split the cost by sharing it with others. According to 99acres, a 1 BHK apartment in Gurgaon is available for around Rs 15,000 per month, and a 2 BHK apartment commands a rent upwards of Rs 20,000 per month.
Household expenses
Residents of Gurgaon have to bear certain expenditures towards utilities, such as electricity, water, gas, and garbage disposal, among others. Apart from that, there may be an additional cost for hiring domestic assistance. Thus, the cost related to the household will be somewhere around Rs 7,000 per month.
Transportation
Since public transport options are limited in Gurgaon, you may need to rely on private cabs and autorickshaws. The average monthly cost of transportation could be high, depending on how far you live from your office. The rising fuel cost could also inflate transportation expenses. For a two km ride in Gurgaon, an autorickshaw charges Rs 50. So, you can consider an additional Rs 5,000 as a transportation cost.
Lifestyle
Lifestyle preferences influence expenses as they are subjective and may vary from one person to another. On average, lifestyle expenses are estimated at around Rs 3,000 per month.
Cost of living in Gurgaon for families
For families, living in Gurgaon can be a bit more expensive. It can cost somewhere around Rs 60,000- 70,000 per month, including transportation costs, household expenses, lifestyle choices and maintenance charges. The accommodation taken into consideration here is a 2 BHK or a 3 BHK apartment that costs around Rs 30,000 per month. Not to mention that there are additional costs for children’s education as well as medical bills.
Cost of living in Gurgaon for working couples
For couples in Gurgaon, where the partners are working professionals, the cost of living will be around Rs 30,000 per month depending on the property that they are living in. Some of the places situated in the outskirts may charge less rental compared to the options within the city. Apart from that, the household expenses will amount to about Rs 10,000 per month. So, that increases the costs a little.
Cost of living in Gurgaon for students
The average living cost for students in Gurgaon is on the higher end. As Gurgaon is an expensive city, the students need to spend a significant amount to cover their expenses and enjoy a convenient lifestyle. Here are some of the factors that impact the living cost for students in Gurgaon:
- Rent: If a student rents a flat in the city centre, the cost would be around Rs 25,000 per month. On the other hand, the price may vary between Rs 14,000 and Rs 18,000 if the flat is outside the city centre. As students usually prefer staying in shared apartments, the average monthly rentals fluctuate between Rs Rs 7,000 and Rs 20,000.
- Foods and groceries: The average cost for a meal that a student usually spend ranges from Rs 600 to Rs 800. If a student prefers having a meal from a restaurant daily, this might incur expenses of approximately Rs 30,000 a month. However, home-cooked meals can work as a significant cost-effective measure if the student know how to cook by themselves. The average groceries cost in the city may be around Rs 8,000 per month.
- Transportation: The average transport cost for a student in Gurgaon varies between Rs 1,800 and Rs 2,000. Students can often avail discounts on transportation from the State's transport department, allowing them to access transport facilities at a cheaper cost. Various educational institutions in the city also offer some sort of conveyance to the students, which can help them save their travel expenses.
- Education fees: The educational institutions in Gurgaon charge quite high fees. Therefore, the students might end up paying up to Rs 30,000 monthly, according to the quality and standard of education and facilities provided.
- Electricity bills and maintenance charges: If you rent a property in a residential society, the maintenance charges will be charged over and above your monthly rent. As a result, the student may need to pay up to Rs 4,000 as monthly maintenance charges.
- Miscellaneous expenses: These include spending money on various things, including stationary, medical expenses (if any) and maid, among others. This may range somewhere around Rs 4,000.
Cost of living in Gurgaon Vs Mumbai
If you compare Gurgaon with Mumbai, both cities will turn out to be equally expensive but in different fields. For instance, accommodation is expensive in Mumbai, whereas transportation is expensive in Gurgaon. School fees, domestic help and electricity are equally pricey in both cities. Here's a comparison of both cities:
Expenses | Mumbai | Gurgaon |
---|---|---|
Average buying price of a 2 BHK (900 sq ft) flat | Rs 2 crore onwards | Rs 80 lakh onwards |
Monthly rental for a 2 BHK apartment | Rs 40,000 onwards | Rs 25,000 onwards |
Monthly expenses towards public transportation | Rs 2,400 | Rs 5,000 |
Monthly expenditure towards utilities | Rs 5,000 | Rs 5,000 |
Monthly lifestyle expenses | Rs 3,000 | Rs 5,000 |
Disclaimer: The expenditure mentioned above is approximate in nature, and may vary.
Cost of living in Gurgaon Vs Bangalore
On the basis of the cost of buying or renting a home, commuting charges to and from workplace, and the household expenses, here is a cost comparison between Gurgaon and Bangalore.
Expenses | Bangalore | Gurgaon |
---|---|---|
Average buying price of a 2 BHK (900 sq ft) flat | Rs 65 lakh onwards | Rs 80 lakh onwards |
Monthly rental for a 2 BHK apartment | Rs 15,000 onwards | Rs 25,000 onwards |
Monthly expenses towards public transportation | Rs 1,500 onwards | Rs 5,000 |
Monthly expenditure towards utilities | Rs 4,000 | Rs 5,000 |
Monthly lifestyle expenses | Rs 4,500 | Rs 5,000 |
Disclaimer: The expenditure mentioned above is approximate in nature, and may vary.
Cost of living in Gurgaon Vs Noida
Noida and Gurgaon both offer a host of residential opportunities, infrastructure facilities and working and educational hubs. However, if you are wondering about living in any of the two cities, Noida is relatively affordable than Gurgaon. Here is a cost comparison between Noida and Gurgaon.
Expenses | Noida | Gurgaon |
---|---|---|
Average buying price of a 2 BHK (900 sq ft) flat | Rs 64 lakh onwards | Rs 80 lakh onwards |
Monthly rental for a 2 BHK apartment | Rs 15,000 onwards | Rs 25,000 onwards |
Monthly expenses towards public transportation | Rs 3,000 | Rs 5,000 |
Monthly expenditure towards utilities | Rs 4,000 | Rs 5,000 |
Monthly lifestyle expenses | Rs 4,000 | Rs 5,000 |
Disclaimer: The expenditure mentioned above is approximate in nature, and may vary.
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