How Much Does It Cost to Live In India?

India accepts only the national currency, rupees, so the first thing the expats and the tourists search for in India is a currency exchange.

Not so many ATMs are available in the streets of the small towns in India, but you will still be able to withdraw money in some large cities.

The good news is it is possible to pay with a credit card in some of the shops, restaurants or hotels in the larges cities.

The cost of living in India is, no doubt, much cheaper than in the rest of the world.

Cost of Living Index:


Indian cuisine is vegetarian and very spicy, and the food you are used to eating can be found in popular tourist places only.

Also, the non-vegetarian dishes are available in the restaurants of large cities.

A meal in an inexpensive restaurant costs $2.14, while the three-course meal for two people in a mid-range restaurant is $10.21.



The prices at the markets are awesome as well as the assortment.

Although the markets are far from those neat and nicely planned markets in Australia, Germany or the US cities, you will find a great number of cheap vegetables, fruits, and spices there.

For $30, you can carry home a huge bag with meat, cheese, wine, cereals, fruits, vegetables, dairy, and poultry.



The biggest advantage of traveling around India is multiple means of transport and very low prices.

Trains for different classes of people, local and sleeper buses, and planes (the most expensive, though) are the best ways to travel around India.

Taxis, rickshaws, and metro (the cheapest) are also available in many cities.

The prices for public transport are too low.



The high-speed Internet connection in India might be a big problem if you are in a small town or in the city which is not a tourist destination.

Internet cafes are full of outdated PCs, or you can plug in your notebook to speak on Skype or work long hours.

You should also buy a local sim card to use the mobile phone cheap.

Sports and leisure


The Bollywood style of music in the local clubs attracts local youth in big cities which is also applicable for cinema.

Indian most popular sport is cricket, while football and tennis are less attractive to the locals.

They prefer yoga and sports clubs, and the resort cities like Goa offer the widest range of water sports (snorkeling, scuba diving, parasailing, jetskiing etc.).

Clothing and shoes


Either you are searching for folk clothing or modern outfit, you will find traditional marketplaces, shops, and boutiques to buy a few pairs of jeans, shoes, and dresses.

Prices in the chain stores are 70% lower than in Iceland, for instance.

All large cities have shopping malls selling popular local and international brands.

The lowest prices for clothing and shoes are in the capital city of Delhi.

Rent per month


In India, it is much more of a benefit to rent accommodation than buy property.

The monthly rent is cheap enough if compared to the rest of the world cities.

A one bedroom apartment in the city center is $160.29 while the same space outside the downtown is $98.81, and great if you are going to split the bill with a friend.

Cost of Living Averages Table for India

Average Restaurant Prices
Meal (Inexpensive Restaurant) $2.14
Domestic Beer (0.5 Liter) $1.71
Water (0.33 Liter) $0.20
Average Market Prices
Milk (1 Liter) $0.65
Loaf Bread (500g) $0.42
Eggs (12) $0.89
Average Transport Prices
One Way Ticket $0.29
Monthly Pass $9.64
Gasoline $1.10
Average Utilities Prices
Basic (Water, Electricity, Garbage, Heating, Cooling) $34.51
1 min. of Prepaid Mobile Tariff Local $0.01
Internet (Unlimited Data, Cable/ADSL) $12.84
Average Leisure Prices
Fitness Club, Monthly Fee for 1 Adult $19.64
Tennis Court Rent (1 Hour) $6.77
Cinema, 1 Seat, International Release $3.57
Average Clothing Prices
1 Pair of Jeans (Levis 501 Or Comparable) $32.42
1 Summer Dress in a Chain Store (Zara, etc...) $31.98
1 Pair of Adidas Walking Shoes (Mid-Range) $48.20
Average Rent Prices
Apartment (1 bedroom) in City Center $160.29
Apartment (1 bedroom) Outside of Center $98.81
Apartment (3 bedrooms) in City Center $383.42

How Does the Average Person Spend Their Money in India?

A very big portion of the monthly income of an average Indian is spent in the markets (40.2%).

The dairy products, poultry, meat, fruits, and vegetables are too cheap.

The restaurants are popular youth and tourists while the local citizens choose to buy raw products and cook at home.

The transportation expenses exceed the sums of money spent on restaurants and make 14.1% monthly.

As for the monthly rent, it is quite cheap and the citizens get only 18.2% to pay rent.

Indians are very fond of sports and different outdoor activities.

They are ready to and do spend as much as an average of 7.2% of the money on cricket, fitness clubs, or football.


India: Average Salary, Minimum Wage & Mortgages

A minimum wage in India is fixed at the figure of $54.5.

And now we can see that India, in terms of prices, is the paradise for tourists but the situation is not so bloomy for the population.

An average monthly salary in large cities, according to the statistics, is $460.05.

Mortgage loans in India are possible and widely spread, especially in large cities.

The interest rate is 9.41% per year if taken for twenty years.

The highest paying jobs in India are software engineers, chartered accountants, and app developers.

There are also good salary opportunities for actors, cricket players, investment bankers, and lawyers.

Average Salary$460.05
Minimum Wage$54.5
Mortgage Interest Rate9.41%

Cost of Living by City in India

City Cost of Living Index
Ahmedabad 24.24
Bangalore 26.83
Bhopal 22.37
Bhubaneswar 22.4
Chandigarh 26
Chennai 25.2
Coimbatore 22.38
Delhi 28.67
Goa 24.34
Gurgaon 30.71
Guwahati 22.68
Hyderabad 23.59
Indore 25.4
Jaipur 25.46
Kochi 21.73
Kolkata 24.8
Lucknow (Lakhnau) 24.75
Ludhiana 27.17
Mangalore 22.4
Mumbai 29.03
Mysore 22.41
Nagpur 22.76
Navi Mumbai 19.3
Noida 28.55
Pune 27.41
Surat 23.77
Thane 25.31
Thiruvananthapuram 19.26
Vadodara 22.28
Visakhapatnam 21.52

2 Reviews on India

  1. K
    Karthik says:

    Karimnagar Telangana

  2. K
    Ken says:

    How do you calculate the cost of living index?

Rated 4.5 / 5 based on 2 user reviews.

Share Your Experience