February 09, 2022

Cost of Living in Mumbai

If you wanna know about the cost of living in Mumbai, the costliest city in India, then you must be desperate, bro. And we don’t blame you for it. Because as much as the city makes dreams come true, it also needs a bit of extra planning before you decide to move in. Unless, of course, you want to live a story of struggle like your favorite Bollywood stars and hope to make it big. Though, until that happens, you’ve got to make ends meet and live your best life in the city without burning a hole in your pocket.

And hey, that’s exactly why we’re here to help you out. Because that’s what we do – helping young folks like you find your place and identity amongst the countless others in a new city. Just take our Stanza Living apartments for proof. We provide you with professional housekeeping, a seamless wifi connection, and 24×7 security. Basically, if you live in our managed apartments, you already get a few problems out of your life and lower your average cost of living in Mumbai. Like running around and spending all those bucks on house-hunting, opting in and out of countless bad wifi services, and being insecure in a supposedly shady area. Plus, our apartments are super spacious and fully furnished too. So you can grab a chill pill in your plush sofa without cramping for space. And on top of it, unlike other landlords, we don’t like to keep you in the dark. It’s why we’ve done our research and broken down the overall cost of living according to the different categories of living expenses in Mumbai. Now that we’ve done our part, it’s time for you to do yours. Just bookmark this page, note down these numbers in your budget sheet, and, well, make a move. Pun intended.

Factors Affecting Cost of Living in Mumbai

List of various aspects that decide the cost of living in Mumbai are:

Looking for fully-furnished and spacious apartments? Check out our managed apartments in Mumbai.

Accommodation Cost in Mumbai

First things first, renting a house or an apartment in Mumbai is costlier than any other city in India. Though, if you make the right calculations, depending on your office location, or of your campus, you can rent out a house with a reasonable rate just fine. Also, combine that with a couple of roomies, you’ll be able to pool in cash and lower your average cost of living in Mumbai. Or even simpler, move into a Stanza Living apartment and get 10,000 amenities at the price of one. Your call.

Localities

1 BHK

2 BHK

3 BHK

Goregaon

8k – 10k

23k – 30k

35k – 50k

Thane

10k – 12k

18k – 25k

35k – 65k

Navi Mumbai

5k – 12k

15k – 25k

20k – 30k

Kurla

12k – 20k

18k – 30k

28k – 40k

Sion

13k – 23k

25k – 40k

32k – 55k

Saki Naka

11k – 20k

18k – 32k

30k – 45k

Mulund

15k – 19k

22k – 34k

30k – 48k

Chembur

12k – 18k

21k – 27k

30k – 43k

Dahisar

10k – 15k

15k – 23k

18k – 30k

South Mumbai

30k – 40k

40k – 60k

60k – 1lac+

Andheri West

30k – 45k

40k – 50k

40k – 70k

Bandra West

35k – 43k

38k – 60k

55k – 90k

Jogeshwari (W)

23k – 30k

35k – 50k

40k – 65k

Worli

38k – 60k

55k – 90k

65k – 1lac

Juhu

45k – 55k

55k – 70k

65k – 80k

Dadar

27k – 39k

40k – 60k

50k – 70k

Parel

40k – 70k

60k – 95k

90k – 1lac+

Vile Parle

35k – 45k

50k – 75k

80k – 1lac

Powai

30k – 45k

45k – 60k

65k – 90k

Cost Of Groceries in Mumbai

Unlike accommodation, the price of groceries in Mumbai is just like any other city. The MRPs are consistent and there are tons of shops on every corner of the city, be it a posh locality or a hole-in-the-wall neighborhood. And when it comes to convenience, you can order your monthly groceries together from an online store. It’ll save you both time and money. But if you have a habit of going bonkers when you walk into supermarkets and grab things that you don’t need, then we don’t know.

Occupants

Average Cost of Monthly Groceries (INR)

Single

4,500-6,000

Couple

7,000-10,000

Family of Four

13,000-23,000

Cost of Food in Mumbai

Needless to say, the sure-shot way of saving money on food is to cook for yourself. But if you’re a working professional or a student with a short supply of time, then you can hire a house cook. Or best, subscribe to a tiffin service. Also, there are always local food joints and eateries which are cheap and filling at the same time. So if you’re a veteran surviving on bread omelet back in your college days, then all you gotta do is switch to vada pav or pav bhaji. Same price, but 100% more flavors guaranteed.

Type

Average Cost (INR)

Hired Cook

1,000-10,000 per month

Tiffin Service

2,000-3,000 per month

Eateries

100-500 per meal

Restaurant

1500, Meal for Two

Cost of Electricity in Mumbai

Depending on your electricity meter and the area, the cost per unit of electricity in Mumbai may range anywhere from 2.93 rupees per unit to 9.8 rupees per unit. So we suggest you ask your landlord about the cost per unit and do your research to verify the same. Or else, be like those fellows who move into the first house they find without clarifying about these things with the broker or landlord. You know, just coz they happen to like the color on the walls. *facepalm*

Cost of Schooling and Childcare in Mumbai

If you’re a school-going student who shifted places for better opportunities or just someone who has a younger sibling living with you, then take a look at the average cost of schooling. Otherwise, you’d just have to become a dropout. And we all know how not every school dropout turns out to be like Leo Dicaprio.

Category

Average Cost (INR)

Primary Schools

15,000-100,000

High Schools

15,000-100,000+

Day Care/Creche

3,000-5,000 per month

Babysitter/Nanny

200-2000 per hour

Transportation Cost in Mymbai

Although traveling can be a taxing thing in Mumbai (thanks to traffic and the sheer size of the city), there are loads of options for commuting. If local trains feel way too invasive, you can take buses (did y’all know Mumbai has one of the largest bus networks in the country?). And if buses feel like they’re too slow, go for cabs or taxis. Or the cheapest, grab an auto. Though autos are cheaper, you’d have to be lucky for an auto driver to say yes’ when you ask for a ride. In short, they may save you a lot of money but their rejections will rob you of your self-esteem lol.

Mode of Transport

Cost (INR)

Non-AC Bus

5-20

AC Bus

6-25

Local Train

5-1000

Taxi

22 per km

Auto

18 per km

Sports Leisure Shopping and Entertainment Cost in Mumbai

Mumbai is home to some of the best fitness studios and movie theatres. Now, we don’t know much about how bad you need to hit a gym, but if you’re looking to save money, just try and get on a local train. If not anything, it’ll be enough workout for your arms. You know, while trying to not fall off after getting bulldozed by hundreds of other stressed homo sapiens. Challenge accepted?

Category

Average Cost (INR)

Gym

800-5000 per month

General fitness and yoga

300-500 per class

Movie Theatres

300-800 per ticket

Shopping Malls

2000-10,000 per 5 items of clothing

Street Side Markets

1200-6000 per 5 items of clothing

Boutiques/Designer Clothing

15,000 – 100,000 on 5 items of clothing

Television (cable)

300-350 per month

Check out Cost of Living in Other Cities:

Cost of Living in Chennai

Cost of Living in Bangalore

Cost of Living in Delhi

Cost of Living in Ahmedabad

Cost of Living in India

Cost of Living in Hyderabad

Cost of Living in Pune

FAQs on Cost of Living in Mumbai

What is the Average Cost of Living in Mumbai for a Bachelor’s?

If they’re lucky, the average cost of living in Mumbai for a bachelor can be around 20,000-30,000 per month. Though, depending on the situation and the lifestyle they’re living, it can vary. Mostly in the upwards direction.

Which are the Posh Areas in Mumbai?

Also known as the places where all the celebrities live and their fans gather to catch a glimpse of them, these are the poshest areas in Mumbai:

  • Bandra Bandstand
  • Malabar Hill
  • Worli Sea Face

Which are the Best Gyms in Mumbai Near Me?

Gym bros and fitness freaks, listen up. These are the best gyms in Mumbai:

  • Gold’s Gym
  • Qi Gym
  • Five Fitness

Which are the Best Schools in Mumbai Near Me?

By major rankings, these are the top schools in Mumbai:

  • Aditya Birla Academy
  • Bombay Cambridge International School
  • Dhirubhai Ambani International School

What is a Good Salary to Live in Mumbai?

If you earn upwards of 75K per month, you could probably live comfortably. But even if you don’t, the energy and vibe of the city will make up for whatever you lose in terms of living comforts.

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