The City of Pearls is the fourth largest Indian capital where the economy and industries are still developing.
Hyderabad has a lot of popular tourist attractions, recreation facilities, accommodation for rent, and great places for bright nightlife.
There are thirteen universities in the territory of the city which interests students from the other Indian states.
The prices in Hyderabad are much lower than in Delhi or Mumbai, and the best exchange rate can be found in the local banks.
You can also withdraw money from the ATM’s here and there.
Small and big restaurants in Hyderabad become more and more numerous.
You will definitely find a nice place to eat, although drinking alcohol time in the city is limited.
A cup of the imported beer in Hyderabad costs $2.89 on average, a cup of cappuccino (coffee) is $1.48, and a glass of Pepsi (300 ml) is $0.44.
Street shopping in Hyderabad is highly developed.
With a great variety of colorful bazaars, food markets, grocery stores, and fruit markets Hyderabad is a perfect shopping destination not only for clothes and shoes but for food in the first place.
Some of the markets do not let you bargain while others allow getting really good prices.
The most popular way to travel around the city is the auto rickshaw.
Besides, locals also use buses of different ranges from ordinary to deluxe ones.
Although, all the buses are on the same line when it comes to the traffic jams in Hyderabad.
There’s a local airport in the city, a prepaid taxi service, and car rental.
Monthly utilities seem too low compared to the three largest cities in India.
The bills for electricity, cooling, heating, garbage collection and water are $23.46 per month.
One minute of prepaid mobile tariff is $0.01, and a month of using the Internet is $10.95.
SPORTS & LEISURE
In Hyderabad, you can practice your swimming skills in one of the city pools, go to a skating rink if you miss frosty air, play golf, squash or cricket.
There are numerous sports clubs offering fitness programmes, table tennis, badminton, and multiple other sports.
Besides, you can go to one of the elite clubs to watch horse racing.
CLOTHING & SHOES
A great number of shopping malls in Hyderabad make this city the shoppers’ place of destination number one in India.
Also, unique clothes and shoes can be found in high street markets and flea markets.
A lot of your favorite chain stores like Lacoste, Vero Moda, United Colors of Benetton are located in the malls and offer low prices for casual things like jeans, summer dresses, and running shoes.
RENT PER MONTH
The apartments in Hyderabad are rather cheap, namely, a three bedroom flat in the city center is $402.51 per month while the same property outside the downtown costs $240.09.
Certainly, the prices may differ depending on the furnishing, utilities, and closeness to the main attractions, malls or universities.
The cheapest are one bedroom apartments outside of center for $97.20.
Cost of Living Averages Table for Hyderabad
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$2.14|
|Domestic Beer (0.5 Liter)||$1.57|
|Water (0.33 Liter)||$0.20|
|Average Market Prices|
|Milk (1 Liter)||$0.70|
|Loaf Bread (500g)||$0.50|
|Average Transport Prices|
|One Way Ticket||$0.29|
|Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$23.46|
|1 min. of Prepaid Mobile Tariff Local||$0.01|
|Internet (Unlimited Data, Cable/ADSL)||$10.95|
|Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$22.54|
|Tennis Court Rent (1 Hour)||$7.87|
|Cinema, 1 Seat, International Release||$2.86|
|Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$31.64|
|1 Summer Dress in a Chain Store (Zara, etc...)||$29.69|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$45.12|
|Average Rent Prices|
|Apartment (1 bedroom) in City Center||$165.20|
|Apartment (1 bedroom) Outside of Center||$97.20|
|Apartment (3 bedrooms) in City Center||$402.51|
How Does the Average Person Spend Their Money in Hyderabad?
In the middle of the charts indicating the average person’s expenses in Hyderabad, there are monthly rent 18.1%, transportation 14.9%, and restaurants 11.3%.
The largest portion of the monthly income is spent on the markets.
The utilities like water, electricity, rubbish collection, mobile phone and the Internet connection in Hyderabad are worth 3.1% of the average person’s salary.
A really big portion of the money is put off for sports and leisure because Hyderabad is a developing city with thousands of energetic young people who love sports, cinema, and an active lifestyle.
At that, 4% of the monthly harvest is given to shoes and clothes.
The reason is multiple malls in the city and low prices for the items.
Hyderabad: Average Salary, Minimum Wage & Mortgages
The average monthly net salary in Hyderabad is $467.38 after tax.
This money is often paid to the IT guys, namely, software engineers, developers, operations managers, and civil engineers.
The national minimum wage is set at $54.5 per month per employee.
The minimum wage depends a lot on a zone, experience, job positions, and qualifications.
A four-person family usually spends about $1,092 per month without rent while an average person spends only $307 per month.
A lot of money is given to education and monthly rent.
If someone can afford to rent an apartment in Hyderabad long-term, they often think of the opportunity to invest this money in real estate.
The mortgage interest rate is 9.84% per annum for 20 years.
Cost of Living by City in India
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