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Embarking on a new journey to Pune, the cultural heart of Maharashtra, demands a deep dive into the intricacies of daily life expenditures. Whether you are a student, a working professional, part of a family, or a couple, understanding the nuanced facets of the cost of living in Pune is crucial. In this comprehensive guide, we navigate through the labyrinth of expenses, shedding light on accommodation, transportation, utilities, and lifestyle choices.
The average cost of living in Pune, as per Numbeo, for a family of four stands at approximately ₹112,885.0, excluding rent, whereas for a single person, it amounts to ₹32,133.5. ZoloStays provides a variety of budget-friendly PG options designed for students, professionals, and families, accommodating diverse lifestyles. Let’s take a closer look at the cost of living in Pune and discover these housing solutions.
What is the Cost of Living in Pune?
Do you ever wonder, ‘Is Pune Expensive? Join us as we decipher the factors that shape the financial landscape of Pune, offering you a roadmap to budget wisely and thrive in this vibrant city. Welcome to the insider’s scoop on the living expenses in Pune that make up the rhythm of life in Pune!
1. Accommodation Cost in Pune
If your budget exceeds Rs 8000, exploring rental housing options in Pune becomes advisable. Rental properties in this range can extend up to 10 lakh Rs per month. On average, a suitable 2BHK unit may be available for Rs 17,000-25,000 per month. The specific location of your rental, its accessibility, local services, both social and physical, and the amenities offered can influence the rental cost. Additionally, it’s essential to allocate a budget for a security deposit.
| Expense Category | Average Monthly Expenditure (Rs) |
| 1 BHK | Starting from ₹8,000 – ₹17,500 |
| 2 BHK | Starting from ₹17,500 – ₹25,000 |
| Cost of Residential Apartments | 5,000 per sq ft onwards |
| Paying Guest [PG] | ₹7,000 – ₹17,000 |
Below are the areas categorized by affordable areas, posh areas and best PG options in Pune
| Posh Areas in Pune | Affordable Areas in Pune | Best PG’s in Pune |
| Koregaon Park | Waghori-Bakori | Kharadi |
| Kothrud | Bhugaon | Narhe |
| Shivaji Nagar | Pune-Mumbai Expressway | Baner |
| Magarpatta area | Undri-Pisoli | Karve Nagar |
| Ashok Nagar | Hadapsar | Wadgaon Sheri |
| Sangamwadi | Katraj | Tathawade |
| Viman Nagar | Akurdi | Wakad |
If you’re seeking a single room for rent in Pune that seamlessly blends convenience, comfort, and affordability, explore the available options with Zolo.
2. Transportation Cost in Pune
The month-to-month transport pass will cost you anywhere from Rs.580 to Rs.1500 every month. In a new turn of events, PM Modi inaugurated the foundation for the third metro line between Hinjewadi and Shivajinagar, which was dispatched on a public-private association premise by the Pune Metropolitan Region Development Authority. It is expected that Pune Metro will diminish jams and give local people moderately priced rides each day they travel to and from work.
| Expense Category | Average Monthly Expenditure (Rs) |
| Local Transport | Starting from 1,500 |
| Taxi | 25 onwards per km |
3. Cost of Utilities in Pune
When it comes to monthly utility prices, the cheapest is the one-minute price of mobile phone services, although the internet is not expensive either, costing just Rs.1000 a month. The monthly price of basic utilities for normal-sized apartments, including electricity, heating, cooling, and water, is around Rs. 2000.
| Utilities (Monthly) | Price (Rs) |
| Household Expenses | Starting from 5,000 – 7000 |
| Overhead Expenses | Starting from 3,000 – 5000 |
4. Cost of Groceries in Pune
The average monthly cost for groceries varies based on factors like household size and dietary preferences. For smaller households like bachelors and students, expenses typically range between ₹2,000 to ₹5,000. Couples may spend slightly more, averaging between ₹8,000 to ₹15,000 per month. Larger families, such as those with four members, may see expenses ranging from ₹9,000 to ₹20,000 monthly, considering diverse dietary needs and consumption habits
| Item | Price (₹) | Price Range (₹) |
|---|---|---|
| Milk (regular), (1 gallon) | 242.69 | 189.27 – 302.83 |
| Loaf of Fresh White Bread (1 lb) | 41.24 | 27.22 – 72.57 |
| Rice (white), (1 lb) | 28.37 | 18.14 – 40.82 |
| Eggs (regular) (12) | 84.65 | 60.00 – 110.00 |
| Local Cheese (1 lb) | 230.89 | 113.40 – 453.59 |
| Chicken Fillets (1 lb) | 125.54 | 68.04 – 181.44 |
| Buffalo Round (1 lb) (or Equivalent Red Meat) | 239.22 | 68.04 – 362.87 |
| Apples (1 lb) | 90.17 | 45.36 – 113.40 |
| Banana (1 lb) | 29.44 | 18.14 – 54.43 |
| Oranges (1 lb) | 47.32 | 27.22 – 99.79 |
| Tomato (1 lb) | 21.98 | 9.07 – 45.36 |
| Potato (1 lb) | 14.79 | 9.07 – 22.68 |
| Onion (1 lb) | 15.09 | 9.07 – 24.95 |
| Lettuce (1 head) | 45.58 | 20.00 – 75.00 |
| Water (1.5 liter bottle) | 29.90 | 20.00 – 40.00 |
| Bottle of Wine (Mid-Range) | 700.00 | 300.00 – 1,500.00 |
| Domestic Beer (0.5 liter bottle) | 168.24 | 100.00 – 240.00 |
| Imported Beer (12 oz small bottle) | 268.15 | 160.00 – 400.00 |
| Cigarettes 20 Pack (Marlboro) | 350.00 | 320.00 – 400.00 |
5. Entertainment Cost
Entertainment is an integral part of life, often emerging through visits to pubs or strolls down food streets. While saving money is important, it’s equally crucial to take time to relax and enjoy life’s simple pleasures.
| Activity | Monthly Fee (₹) | Range (₹) |
|---|---|---|
| Fitness Club, Monthly Fee for 1 Adult | 1,610.22 | 750.00-3,000.00 |
| Tennis Court Rent (1 Hour on Weekend) | 678.85 | 350.00-1,000.00 |
| Cinema, International Release, 1 Seat | 350.00 | 250.00-500.00 |
What is the Cost of Living for Students in Pune?
The living cost for students in Pune can vary based on various factors such as accommodation, transportation, and lifestyle choices. Here is a breakdown of estimated monthly expenses for students in Pune
Considering these estimates, the total monthly living cost for students in Pune would be the sum of these categories:
Total Monthly Cost=Rent+Transport+Household Expenses+Bills+(Lifestyle×Number of Days in a Month)
| Expense Category | Average Monthly Expenditure (Rs) |
| 1 BHK Apartment Rent | Starting from 8,000 – ₹17,500 |
| Transport | Starting from 1,500 – 2000 |
| Household Expenses | Starting from 3,000– 4000 |
| Bills | Starting from 2,000– 3,500 |
| Lifestyle | 1,700 per person per day on average |
For students in search of economical accommodation, delve into the lively and affordable student-coliving spaces in Pune. Additionally, there are separate Men’s PG and Women’s PG options for those who prefer such arrangements.
What is the Cost of Living for Families in Pune?
| Expense Category | Average Monthly Expenditure (Rs) |
| 1 BHK Apartment Rent | Starting from 17,000 – 20000 |
| Household Expenses | Starting from 4,000 |
| Public Transport | Starting from 1,500 |
| Vehicle | 5,000 |
| Overhead Costs | Starting from 8,000 |
You may also like: What is Cost of living in Mumbai
What is the Cost of Living for Couples in Pune?
Of course, grocery shopping is always a better choice if you’re the kind of tourist who loves to cook, both because of your health and because it’s cheaper. You can cut the food budget by half or even more. Food is a little more expensive here than in many other Indian cities, but there are still many markets where you can find cheap food.
| Expense Category | Average Monthly Expenditure (Rs) |
| 1 BHK Apartment Rent | Starting from 8,000-15,000 |
| 2 BHK Apartment Rent | Starting from 17,000 – 20000 |
| Cost of Residential Properties | 5,000 per sq ft onwards |
| Household Expenses | 6,000 per person per month |
| Bills | Starting from 8,000 |
| Overhead Expenses | 6,000 per person |
| Lifestyle | 1,700 per person |
You may find it overwhelming to not only rent an apartment but also deal with a substantial deposit, purchase furniture, and manage various other expenses. Consider a fresh approach to living—contemplate the idea of couples’ PG in Pune, where there’s no need to worry about buying furniture or hefty deposits. Utilities and cleaning services are included, making it a hassle-free option.
What are Average Monthly Salaries in Pune – 2023
| Expense Category | Average Monthly Expenditure (Rs) |
| Software Engineer (5 years exp) | Up to 13 lakh |
| Lead Engineer | Up to 25 lakh |
| Marketing Manager | Up to 24 lakh |
| Accountant | Up to 24 lakh |
FAQ’s
While Pune is comparatively more affordable than Mumbai, your expenses depend on lifestyle choices and location.
In Pune, 1 BHK apartment rents for ₹8,000 to ₹17,500, 2 BHK apartments range from ₹17,500 to ₹25,000, and PG accommodations average between ₹7,000 and ₹17,000. Prices vary based on factors like location and amenities. Explore options in Pune to find the best fit for your preferences and budget.
Managing life in Pune on a 15k salary requires strategic financial planning. Accommodation, a significant expense, might involve exploring shared living arrangements or affordable Guest accommodations to reduce rent burdens. Opting for cost-effective transportation methods and planning economical meals can contribute to savings.
To live comfortably in Pune, a monthly salary in the range of ₹40,000 to ₹60,000 is generally recommended.
While it may be possible to manage on a 4 LPA salary, individuals should carefully budget, prioritize spending, and explore opportunities for career growth or additional income to enhance financial stability.
You would need around ₹136,849 in Delhi to maintain the same standard of living that you can have with ₹140,000 in Pune.
Pune has emerged as one of the most popular places to live in India due to several factors. Firstly, it has a pleasant climate throughout the year, making it a comfortable place to reside. Secondly, it is well-connected to major cities in India by road, rail, and air, resulting in seamless travel.
Viman Nagar is one of the most sought-after residential areas in Pune, offering all the facilities needed for comfortable living. It is well-connected to nearby localities like Kalyani Nagar, Lohegaon, Dhanori, and more. Being close to the city center, transportation in Viman Nagar is convenient.
Pune is less expensive than Bangalore across various aspects including education, entertainment, rent, and more. Bangalore is costlier than Pune in every aspect, including education, rent, and entertainment.
Mumbai, being a major financial hub, has a higher cost of living compared to Pune. On average, the rent for a one-bedroom apartment in Mumbai ranges from INR 40,000 to 70,000 per month, whereas in Pune, it is comparatively lower, around INR 15,000 to 30,000.
One of the most sought-after and expensive areas in Pune is Koregaon Park. Renowned for its luxurious residential properties, upscale amenities, and proximity to business hubs, Koregaon Park stands out as the wealthiest area in Pune.
Pune offers a comfortable lifestyle at a more affordable cost compared to Mumbai, making it an attractive place to live for individuals with a budget.
