Hyderabad, the city of nawabs, is a vibrant and traditional city. As a city, Hyderabad has a very rich heritage and culture. The city famous for its lip-smacking biryani’s and its Nawabi lifestyle is also a magnet for students and bachelors looking for studies and jobs. Moving to a new city is always challenging, but Hyderabad makes it easy for you with its hospitality and easy-going vibe. People are friendly, food is amazing, history sprawled all over the city, making it one of the top destinations to live in. The cost of living in Hyderabad is comparatively less than other metropolitan cities in India. All these qualities make Hyderabad one of the coolest places in India to live in.
When you’re moving to a new city, there are a few parameters on which you base your expenditure to maintain your specific type of lifestyle. Accommodation, food, transport, are few of the necessities you have to consider when you plan to move to a new city. Hyderabad is pretty generous in this regard and makes your stay in the city pretty comfortable without compromising much.
Without further ado, let’s get into the details of the cost of living in Hyderabad and find out what’s best suited for you.
Average Monthly Cost of Living in Hyderabad
|Accommodation||4,000 – 9,500||12,000 – 28,000||12,000 – 38,000
|Groceries||1,000 – 2,500||2,000 – 5,500||2,500 – 11,000|
|Transport||1,000 – 2,000||1,500 – 3,500||1,500 – 4,000
|Utilities||1,200 – 2,500||2,000 – 3,500||2,000 – 3,500|
|Entertainment||4,000 - 7,000||2,000 – 7,000||2,000 – 8,000|
|Shopping||4,000 - 5,000||3,000 – 5,500||3,500 – 6,500
|Kids Schooling||Nil||Nil||3,000 – 18,000|
When moving into a new city, accommodation is your biggest expense. Finding out the right place to stay which suits your budget without compromising on your lifestyle is a must. Finding homes can be a tedious affair, but with a bit of research, you can find a good place to live and free yourself from the worries. A simple tip to find the right budget for your stay is to calculate 1/3rd of your total salary.
Be it any big city, rents for accommodation depends on the area you choose to live in. If you’re looking for a decent PG accommodation in areas like Himayathnagar, Uppal, LB Nagar, Ameerpet, you’ll find good options ranging from Rs.3,500 to Rs.7,000. A 1 BHK flat in these areas will cost you around Rs.5,000-Rs.8,000 and a 2BHK flat will come up to Rs.7,500-Rs.15,000.
If you check in the upscale areas like Jubilee Hills, Madhapur, you’ll be able to rent a 1 BHK for Rs.14000-Rs.23000, while a 2BHk flat will cost you around Rs.30000-Rs.35000.
Property Rates in Hyderabad
|Apartments Rental in Hyderabad||Price (Rs) Monthly INR|
|1 BHK Apartment||₹5,000 – ₹17,000|
|2 BHK Apartment||₹10,000 – ₹29,000|
|3 BHK Apartment||₹16,000 – ₹44,000|
|Paying Guest (PG)||₹5,000 – ₹18,000|
Best Areas to Live in Hyderabad
|Posh Areas in Hyderabad||Affordable Areas in Hyderabad||Best PG's in Hyderabad|
|Banjara Hills||Madhapur||PG in Gachibowli|
|Jubilee Hills||Begumpet||PG in Kondapur|
|Gachibowli||Somajiguda||PG in Gowlidoddy|
|Manikonda||Ameerpet||PG in Financial District|
|Nallagandla||Uppal||PG in Madhapur|
|Kukatpally||Kompally||PG in KPHB|
|Miyapur||Nizampet||All PG In Hyderabad|
It is always a safer option to choose your stay near to your workplace. This saves you a lot of moolah and time spent on your daily commute. Hyderabad being a metropolitan city caters to all types of transport options. MMTS, the local train rail service which turns out to be the cheapest option to travel. But be informed that it gets very crowded in peak hours.
Buses are the most frequent and next cheapest way of travel in Hyderabad. RTC buses have connectivity all over Hyderabad and you can buy a ticket for as low as Rs.7.
Hyderabad also boasts of a Metro train service, although the connectivity isn’t that good currently. Other regular cabs and auto services are in abundance in Hyderabad.
Hyderabad also has many bike and car rentals services. You also have the option of driving your vehicle.
So basically, transport services in Hyderabad are vast and well connected.
Hyderabad is a food heaven with a lot of options to satisfy one’s hunger. But if you’re looking to eat well without hurting your pockets much then cooking at home is the best option for people moving to other cities. Cooking at home not only saves a lot of money but also is a healthier option.
Hiring a cook is another way to go about it. Cook/Maid usually charge around Rs.1,000-Rs. 2,500 depending upon how many meals they are cooking.
Otherwise, Hyderabad has a lot of variety of restaurants and home delivery options. No matter what time it is, food is never a concern in Hyderabad. Total spending if you cook for yourself would come around Rs.3,000 on an average and if you like to order food regularly then it might go up to Rs.5,000 – Rs.6,000.
4. Groceries/ Household Stuff
All the regular household stuff is easily available in Hyderabad. Every locality has many Grocery/Kirana shops in close vicinity. There are many home delivery startups like Big basket, Grofers who can deliver everything you need at your doorstep. The average monthly expenditure on groceries and household stuff would come around Rs. 5,000.
A part of expenses will go in utilities like electricity bill, gas connection, phone bill, TV, Internet, etc. If you’re living in a society, these bills can go up a bit. Usually, these charges would come in the range of Rs.1,500-Rs.3,500 depending on your locality and type of accommodation.
Hyderabad caters to all needs of the shopaholics in us. It has a lot of options if you looking for budget shopping for good quality stuff. Places like Begum Bazaar, Abids Street, Koti market, and many more other places provide you with numerous options in clothes, footwear, perfumes, toiletries, etc. These off-beat places in Hyderabad for shopping are a must-visit, you get good quality stuff at decent prices. Your shopping budget for a month should be sorted in Rs.5,000. Hyderabad has many high-scale malls and showrooms too for those who prefer to buy and wear branded stuff.
Entertainment plays a very important role in everyone’s life. After a hard day of work, everyone needs time to unwind and relax. Hyderabad offers a lot of options in this regard. A sip of the special Irani chai at midnight can drain all your tiredness of the day. Hussain Sagar lake is a favorite among the locals. A drive around the necklace road can be very peaceful at night.
Hyderabad also boasts of 2 well-maintained forts from the Nizam era where they have light & sound show every evening. Hyderabad’s main attraction, Charminar, is a favorite among locals and tourists too. The surrounding areas of Charminar provide you with some lip-smacking snacks and Irani chai. Hyderabad also has a lot of night clubs and pubs where you can dance your time away. A typical evening in Hyderabad would usually cost you around Rs.500-Rs.1000. If you decide to hit the pubs then your expenditure goes up to Rs.2,500-Rs.3,000.
8. Kids Schooling
Hyderabad being a metropolitan city has a lot of options for schools and colleges. Kendriya Vidyalaya’s are a CBSE board school with yearly charges of below Rs. 40,000. This goes up higher as we move towards international schools to about Rs.80,000-Rs 1 Lakh. The pre-schools or kindergarten schools in Hyderabad have a fee range of Rs. 15,000 to Rs. 60,000 depending on the area and the facilities provided.
Faqs About Cost of Living in Hyderabad.
1. What is the monthly cost of a bachelor living in Hyderabad?
Hyderabad is comparatively cheaper compared to other metropolitan cities. Hence, the overall cost of living also is lesser. If you looking to stay in budget areas like Uppal, Himayathnagar, LB Nagar, etc. then a PG/Hostel will cost you somewhere around Rs. 3,500-Rs. 4,500 approximately. A 1 Bhk in the same areas will cost you around Rs.5,000-Rs.8,000. Add to that the expenses for food, transport, utility bills, etc. and you can live comfortably in Hyderabad with a budget of Rs. 10,000-Rs. 12,000 in a PG and Rs. 12,000-Rs. 15,000 in a 1Bhk flat. In upscale areas like Jubilee Hills, Madhapur, etc. your expenditure for the month can go up to Rs.25,000-Rs. 30,000.
2. What is the cost of living for a family of 4 in Hyderabad, India?
A family living in Hyderabad can have a comfortable or luxurious lifestyle depending on the areal they stay in. If you stay in areas like Uppal, Ameerpet, LB Nagar, etc. you can get a 1Bhk flat for Rs.5,000-Rs.8,000. With the added expense of food, transport, utilities, medical, school, etc. your total budget for a family of 4 would come around Rs. 15,000-Rs. 20,000 depending on your lifestyle.
This rate goes up if you get a 2Bhk flat which should cost you around Rs. 7,500-Rs. 13,000 in these areas. If you choose to live in posh localities like Jubilee Hills, Madhapur, etc. then the rental charges go up to somewhere around Rs. 14,000-Rs. 20,000 for a 1Bhk flat and Rs. 25,000-Rs. 30,000 for a 2 Bhk flat. Overall expenses staying in these areas would be around Rs. 30,000- Rs. 50,000 depending on your type of stay as well as your lifestyle.
3. How much does it cost for a couple to stay in Hyderabad?
Rental charges for flats in Hyderabad are comparatively cheaper than in other big cities. For a couple moving to Hyderabad, a 1Bhk flat in areas like Hi-Tech city, Madhapur, etc will cost around Rs. 15,000. Adding to that the expenses in food, transport, utility bills, etc. your overall budget for the month to live a comfortable life would come up to Rs. 25,000- Rs. 35,000. If you choose to move to budget areas like Ameerpet, Himayathnagar, etc. then your overall expenses can come down by Rs. 5,000-Rs. 7,000.
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