A long time ago, Bangalore was known as the City of Pensioners, or the Garden City.
At present, Bangalore is the Indian Silicon Valley and the city of increasing businesses and IT technologies where more than eight million people live.
Bangalore, the capital of Karnataka, is considered the most favorable place to reside in India.
This is also one of the cleanest and most comfortable cities.
You will not be able to find any ATMs or currency exchange offices in Bangalore.
However, banks and travel agencies can exchange currency.
Bangalore is full of fast food restaurants, which are also offering vegan foods.
Since Bangalore is far from the sea, the seafood here may not always be of the best quality.
Regular cappuccino costs $1.76, a small bottle of Coke or Pepsi $0.50, the three-course meal for two in a mid-range restaurant costs $14.57.
A lot of street markets in Bangalore offer everything from fruits and vegetables to beads, silver, handicrafts, silk and all the possible goods for adults and kids.
The prices at the food markets are affordable.
The most expensive article there is wine ($8.74 per bottle), and the cheapest is a kilo of tomatoes ($0.36).
You can get a full bag of products for just $45 or so, including cheese, meat, and a pack of cigarettes.
If you are not in need to go to a particular destination in Bangalore, it is worth renting a bicycle and go sightseeing.
The public transportation system consists of buses, auto rickshaws, and metro.
You can also call an official taxi company, which is twice as expensive as auto rickshaw but is twice safer after all.
The cheapest way to travel around is getting a monthly pass for only $21.42.
The utility bills are too cheap.
The locals pay $0.01 per minute of the mobile tariff and $16.83 monthly for using the Internet.
Water, electricity, garbage collection, heating and cooling cost $25.23 for an 85 sqm apartment.
SPORTS & LEISURE
There are a lot of sports clubs in Bangalore offering multiple outdoor and indoor activities for its citizens and the guests of the city.
The most popular sports here are cycling, camping, hiking, and alpinism.
Those who love to get lazy at home, watch movies or a cricket match.
By the way, prices for both outdoor and indoor activities are very low.
CLOTHING & SHOES
A few districts in Bangalore are considered the shopping ones where a person can buy everything they need and even more.
Apart from silk, people are interested in world popular brands crafted in Bangalore like Louis Vuitton, Armani, BOSS etc.
The first shopping centers appeared here in the early 2000s and now they are too numerous to feel a shortage of places to go shopping.
RENT PER MONTH
The landlords themselves and the realtor agencies rent out residence and office properties at affordable prices.
The accommodation is predominantly partially furnished, a few apartments are not furnished at all, while the rest of the flats for rent are just ready to move.
The optimum alternative is renting a one bedroom apartment in the city center for $235.65.
Cost of Living Averages Table for Bangalore
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$2.14|
|Domestic Beer (0.5 Liter)||$2.14|
|Water (0.33 Liter)||$0.22|
|Average Market Prices|
|Milk (1 Liter)||$0.59|
|Loaf Bread (500g)||$0.50|
|Average Transport Prices|
|One Way Ticket||$0.43|
|Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$25.23|
|1 min. of Prepaid Mobile Tariff Local||$0.01|
|Internet (Unlimited Data, Cable/ADSL)||$16.83|
|Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$23.15|
|Tennis Court Rent (1 Hour)||$5.83|
|Cinema, 1 Seat, International Release||$4.28|
|Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$34.15|
|1 Summer Dress in a Chain Store (Zara, etc...)||$32.22|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$52.40|
|Average Rent Prices|
|Apartment (1 bedroom) in City Center||$235.65|
|Apartment (1 bedroom) Outside of Center||$136.38|
|Apartment (3 bedrooms) in City Center||$577.53|
How Does the Average Person Spend Their Money in Bangalore?
The market is the place in Bangalore where the largest sums of citizens’ money are left.
They are ready to spend as much as $38.9 monthly on food, spices, tea, accessories, utensils and everything else which is needed for the fridge and the cupboard.
The utilities are the cheapest in Bangalore.
Only 3.2% of the money is put off to pay bills for water, electricity, rubbish and the rest of the comforts.
Bangalore locals pay much attention to recreation and sports.
They are spending 6.6% of income on things like fitness, alpinism, running, swimming, cricket and biking.
Clothing and shoes take only 3.9% while the monthly rent goes second after the markets in terms of collecting money.
Bangalore: Average Salary, Minimum Wage & Mortgages
The average monthly salary in Bangalore is quite high if compared to the price of accommodation rental, meals in the restaurants, and public transportation expenses.
An average Bangalore citizen makes $779.06 per month after paying taxes, and the minimum wage in the city is the same as for the rest of the country or $54.5.
The most searchable jobs are software engineers, mortgage loan officers, customer support representatives and a range of positions in a multinational environment.
As for the mortgage, the interest rate is rather high.
There are a few mortgage loan agencies in Bangalore offering the interest rate of 9.41% per annum during the period of twenty years.
Cost of Living by City in India
*Click the name of the city for more information.