Cost of living in Delhi - Guide for Students, Couples, Family

The national capital of India has a magnetic charm that attracts people from across the country to come and settle here. Be it finding your way through the narrow lanes of Chandni Chowk or driving your swanky car in Greater Kailash, Delhi has something in store for everyone out there. For this reason, despite being in news for the poor air quality index, frequent traffic jams, soaring property prices, etc., Delhi is one Indian city that is the karma Bhoomi (land) of millions and offers opportunities to people to grow and flourish. From a vendor outside Rohini Metro Station who has become an overnight sensation for the famous rajma chawal (red beans and rice) to the Indian Accent in Lodhi Hotel, Delhi has embraced anyone who has come here for a better living. But does it come free of cost? No. There are expenses which have to be met every month and planning has to be done judiciously to avoid being in a soup. Let’s go through the list of expenses that you will have to incur while you live in Delhi.

Cost of Living in Delhi for a Student’s / Bachelor

Cost of Living in Delhi and being a part of the hustle and bustle is possible if you earn well so that you don’t have to compromise on your desires. Find a good job, decent accommodation and start exploring the capital of India.

• Accommodation: If you want to stay in the heart of the city where the action is, then be ready to pay a premium for it. 1 BHK in prime areas like Saket, Green Park, Anand Niketan, Hauz Khas, Greater Kailash will cost somewhere around Rs 18000 per month. But if you opt for accommodation which is away from the epicentre of the action, you can get a rented apartment for Rs 10000 per month. Similarly, 2 BHK will range between Rs 8000-Rs 13000 per month and 3 BHK will be anywhere between Rs 30000-Rs 50000 per month. Opting for PG (Paying Guest) is a good option if you are a bachelor. In that case, you will have to spend Rs 8000 per month, which includes the expenses for utilities and meals. The property prices vary on the kind of accommodation you want and where you want to live. If you are thinking of buying any property in Delhi, you can choose areas such as Dwarka, Uttam Nagar, Govindpuri and Krishna Nagar which are affordable and the price range is anything under Rs 40 lakhs. Shalimar Bagh, Lajpat Nagar, Pitampura, Rohini are the areas where the prices range between Rs 40 lakhs to Rs 2 crores. If this doesn’t satisfy your ambitions and you want still a better area to live in, Panshceel Enclave, Gulmohar Park, Jamia Nagar, Saket are the areas where you will get properties over and above Rs 3 crores.
• Transportation: Using public transport will save you lots of money by the end of the month. You can use Metro; local buses or cabs for commuting. While the monthly pass of METRO will cost you Rs 2000 per month, the expenses will go up to Rs 6000 if you use your private vehicle for commuting. Similarly, hiring the cabs will cost anything between Rs 50- Rs 800 depending n the distance travelled.
• Utilities: You will get electricity and water at subsidized rates in Delhi. So the monthly expenses towards this segment will fall in the range of Rs 2000- Rs 10000 depending on your usage, the number of family members, etc.
• Groceries: The cost of groceries every month depends on your consumption pattern, size of the family, the quality of material you buy (branded or unbranded), etc.  The cost of groceries for a family of 4 in an average household should be anything between Rs 8000- Rs 25000. Students and single working professionals need to segregate between Rs 6000- Rs 18000 monthly for the groceries.
• Entertainment and leisure: This too doesn’t have any upper limit because it depends on the kind of restaurant you choose, your eating habits, how frequently you go, etc. If you opt for a high-end restaurant, this amount can go up to Rs 5000-Rs 10000 per person on every single visit. But on the other hand, going to an average restaurant will cost Rs 750 per person.
• Childcare: If you want to give your child the best of education, then be ready to spend a hefty amount towards school expenses. International schools charge somewhere between Rs 15000- Rs 20000 per month while the average pre-schools have a fee in the range of Rs 3000-Rs 5000 per month. The cost of hiring the services of a nanny will vary on the time duration and the locality you are in. On average, this amount will be Rs 10000 per month.

Low, Affordable and Luxury Projects In Delhi

• Low budget flats in Delhi
• Affordable flats in Delhi
• Luxury flats in Delhi

Checkout the Cost of Living in Other cities of India