What is the Cost of Living in Pune

Pune is the second-largest city in Maharashtra, after Mumbai, so it’s no wonder the cost of living is difficult to determine: Pune is too broad a term. It definitely depends on the region in which you live in Pune. The average cost of living in Pune is slightly lower than in Delhi and higher than in many cities in southern India. It depends deeply on how and where you want to live. There are some very expensive places in Pune, but if you’re planning to stay a little further from the main town, you can cut your expenses significantly.

Let’s see what the cost of living in Pune is for a couple, family, bachelors? Depending on the cost of buying or restaurants, the cost of moving to and from the office, household service costs, groceries, clothing, and more, living costs in Pune range from Rs 5,000 to Rs 1.2 lakh.

1. Accommodation

If you have a budget of Rs 6,000 and above, you might want to look for rental homes in Pune. These accommodations are up to 10 lakh Rs per month. However, on average, you could consider a decent 2BHK unit for Rs 17,000-25,000 per month. Other factors such as the exact location of your rental home, accessibility, local social and physical services, amenities provided to you may have an impact on the rental price of your home. A security deposit is another budget that you also need to reserve.

2. Transportation

The monthly bus pass will cost you anywhere from Rs 580 to Rs 1500 per month. In a fresh development, PM Modi laid the foundation stone for the third metro line between Hinjewadi and Shivajinagar, which was launched on a public-private partnership basis by the Pune Metropolitan Region Development Authority. It is expected that Pune Metro will reduce congestion and provide locals with affordable rides every day they travel for work.

3. Utilities

When it comes to monthly utility prices, the cheapest is definitely 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.

4. Clothing

Shopping in Pune is, like most other things, cheap, with most basic clothes costing around Rs. 2000. You can buy a pair of quality jeans here for around Rs.3000 as well as other styles of light clothing like shirts and dresses for the same amount of money in established chain stores like Zara or H&M. Of course, well-established brands like Nike’s sneakers and accessories stay more expensive, costing Rs.4000.

5. Childcare cost

To calculate the cost of childcare in Pune, it would be necessary to understand what kind of schooling and training you want your child to provide. The minimum you ‘d spend on a child who ‘s ready for pre-school is Rs 2,500 per month, but the cost of a reputable facility could be up to Rs 8,500 per month. The international standard school in Pune will cost you between 60,000 Rs and 2 Lakh Rs per year.

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6. Groceries

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.

7. Restaurants & Food

As for restaurants, you can count on two meals without an alcoholic drink, in a mid-range restaurant, costing you around Rs. 1000. Pune has many pricey restaurants and cafes, too where you can have a great time and spend more money than eating street food.

  The most affordable way to save food costs is to hire a chef/cook or cook food for yourself. It’s going to cost you about Rs 1000 to 2000 somewhere. If you have food, especially bachelors and students from outside, you can choose a mess that will cost you Rs 1500 to 2500 a month. If you want to have breakfast or a meal in a restaurant, it will cost you about Rs. 10 to 100 depending on the restaurant. However, Pune offers a wide range of food delivery options, such as Zomato, Swiggy, Ubereats, Foodpanda, etc. So, how you plan on your budget depends on your food expenses.

8. Sports & Leisure

It’s time to get fit! To spend quality leisure time (or fitness time) in Pune, you won’t need to cash out massive sums of money. For a relatively low price, you can go to a movie, and if you’re in sports – pay a monthly fee for a fitness club that’s just a little more than Rs.2000! Of course, an hour of renting a tennis court remains a little costly, but cheaper than in other cities of India.

The living costs in Pune are a bit expensive, but they offer a lot more than you pay. The above points will help you prepare your budget and allow you to live in Pune in an affordable way.

Frequently asked questions about Pune. 

1. How much does it cost to live in Pune per month?

The total cost of living is around ₹35000 in Pune. The average rent in Pune for a one-bedroom apartment in the city center is approximately ₹20000 per month, and utilities cost around ₹2000 a month. Other costs will be around ₹16000 including markets, transportation, restaurants, and sports and leisure for one-person.

2. Is Pune expensive to live?

Pune seems not expensive to live in according to the average monthly salary which is ₹50,000.

3. What is the average salary in Pune?

A person working in Pune typically earns around ₹50000 per month (After tax) and it’s not qualification specific. ₹50000 is a good salary according to the average cost of living which is ₹35000.

4. What is the average rent in Pune?

The average one-bedroom apartment in Pune city center stands at around ₹20000 per month. If you’re okay with an apartment outside of the city center that will be cost around ₹12000.

5. Which are some of the best schools in Pune?

Some of the best schools in Pune for primary education are Sahyadri School, Indus International School, Mahindra International School, St. Mary’s School, Elpro International School, The Bishop’s Co-ed School, Delhi Public School, Army Public School,  Symbiosis school, etc.