May 18, 2022

Cost of Co-Living in Chennai

Let’s talk about the cost of coliving in Chennai. Because as much as living in a managed space cuts down on a few expenses like cooking costs and groceries, you’re still left with tons of other unavoidable expenses. Like spending on daily commuting to your office. Or going out to any of the gorgeous beaches in the city. Or trying out new seafood cafes. To make sure you get to live your best life in the new city, just read on about the expenses and then make your budgets wisely.

Actually, before you read on, you should know we’re no noobies handing you bad advice. In fact, we, at Stanza Living residences, know all about the ins and outs of moving into a new city. Thanks to our combined experience of curating more than 450+ residences in 24+ cities. And yeah, our co-living spaces in Chennai do take care of it all, whether it’s about providing you with yum meals or daily housekeeping or your own E-butler in the form of our Stanza Living – resident app. But enough about us already. We’re here to help you out and help is what you get. So take a look down below, catch a break from watching all those Insta reels and bring out that calculator, my friend.

Factors Affecting the Cost of Co-Living in Chennai

4 aspects that decide the cost of living in Chennai in 2022:

Looking for rental rooms with customizable meals and daily housekeeping? Just check out our residences in Chennai.

Rental Costs

This is the scenario. It’s been a long day. You’ve conquered many dragons. You just want to come home, sit back, and relax. You want to play games on your console or make the spaghetti your roomie loves. You can picture it right now. 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. How much, you ask? Read on.

Accommodation costs of co-living in Chennai:

Occupancy

Price Range

Single room

Rs. 10,000/- to Rs. 16,000/-

Double sharing

Rs. 9,600/- to Rs. 13,500/-

Triple sharing

Rs. 9,000/- to Rs. 12,000/-

Managed apartments

Rs. 14,299/- to Rs. 22,099/-

Transport

With a population of 71 lakhs, Chennai’s roads take time to get used to. Especially on the morning commute. Knowing the cost of that commute will make things a little simpler. A one-way ticket on local transport comes to Rs. 20, while a monthly pass will put you back by Rs. 1,000. So yes, commuting isn’t too expensive in Chennai. But the only bummer is, again, the traffic. The kind of traffic that can quickly turn your morning zen mood into a Rahul Dravid losing it in Indiranagar one. Not kidding.

Electricity and Wifi

While internet charges come in standard packages of around Rs. 700-1200 for an unlimited plan, electrical charges are subject to the latest govt tariffs. As of now, it’s free for the first 100 units and Rs. 6.6 per unit for above 500 units. And yes, please make sure to check if your co-living space covers your electricity bill and by how much. Otherwise, when you come across these hidden costs later, you’d think sleeping on the beach would have been a much more economical decision.

Leisure & Entertainment

A night on the town. An evening workout. A drink with some friends. A weekend tennis game. All ways to wind down. All at a cost. How much? Well, a meal with drinks and a movie will cost you about Rs. 850 per person without taxes. That evening workout at your local gym will cost you Rs. 1,700 a month. And that tennis game on the weekend will put you back Rs. 550 for an hour. But like any other student-friendly city, you’ll always find some life hacks for you to chill without burning a hole in your wallet. Though for that, you’d have landed in Chennai first. So start packing maybe?

Leisure and entertainment costs in Bangalore:

Category

Average Cost

Meal for two (budget eatery)

Rs. 400/-

Meal for two (mid-level eatery)

Rs. 900/-

Meal for two (upscale eatery)

Rs. 1500/-

Gym/ Fitness Studio fee

Rs. 1700/- per month

Movie tickets

Rs. 400/-

Check out Cost of Co-living in Other Cities

Cost of Co-Living in Bangalore

Cost of Living in Mumbai

Cost of Living in Delhi

Cost of Living in Ahmedabad

Cost of Living in India

Cost of Co-living in Hyderabad

Cost of Co-living in Pune

FAQs on Cost of Living in Chennai

Can a Couple Live in a Coliving Space?

There are unisex coliving spaces with double accommodation. So, it shouldn’t be an issue. You can always come to Stanza Living co-living spaces in Chennai, no problem.

Is Paying Rs. 1,700 a Month for a Gym Worth It?

The worth of the money spent depends on several parameters. All costs given above are average. There are gyms that are much cheaper and much more expensive. Chennai has something for every pocket. Also, when you’re coliving in Chennai in a Stanza Living residence, you can make use of our in-house facility to save further monies.

Which are the Best Areas to Co-live in Chennai?

When you talk about the best areas for coliving, Chennai has got managed spaces in the following localities:

  • OMR
  • Poonamallee
  • Urapakkam

What are the Things I Should Carry for My First Week in a Hostel?

For a smooth first week in a hostel or in a co-living space, these are the things you should pack in your bag:

  • Toiletries
  • Washing Powder
  • Blankets
  • Locks
  • Flip-Flops
  • Extension board

How Much do I Need to Earn to Live Comfortably in Chennai?

Well, it depends on the kind of lifestyle you’d want to lead. But considering all basic necessities covered, earning a monthly income of Rs. 35,000/- – Rs. 50,000/- will allow you to live comfortably in Chennai.

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