Visakhapatnam is the largest city and the financial capital of the Indian state of Andhra Pradesh.
If you are looking for a peaceful city which has lot of natural relaxing places like parks, hillsides, beaches and energetic climate, Visakhapatnam is the right place for you.
Cost of living in Visakhapatnam is much lower than in any metro city in India, yet it is not considered cheap.
The city of Visakhapatnam is very loved by its citizens, since it’s one of the very few cities where there’s a sense of harmony between people.
Visakhapatnam is famous for its delicious food and you won’t make a mistake eating some of its street food or walking into one of its less expensive restaurants. Mirapakay bajji, vankay bajji, pakodi,punugulu , muri mixture, you name it, everything is delicious and everything is very cheap! A meal in an inexpensive restaurant will cost you around 1.70$.
As for groceries, you should know that all rates in supermarkets are fixed by the government food board which means the price is of the groceries is similar all over the country. There are several veggie markets like Rythubazars spread all over the city where you can get fruits and vegetables directly from the farmers. And be sure that the prices will be cheap in comparison to other cities.
As for transport, it’s very cheap compared to other places in the state. Minimum rate for taxi is 1.27$ for nearby locations and the price increases depending on the distance. You also have the option of local buses. Transportation is really cheap. A monthly public transport ticket costs around 9$.
Monthly utilities in Visakhapatnam are very cheap. Depending on the size of the apartment you want to rent and the place you’ll be located, utilities can move anywhere from 10$ to 30$. For an apartment of 85m2, all basic utilities will cost you only 16$. Occasionally you may get a power outage but it’s pretty normal and the power will be restored rather quickly. Internet is pretty cheap, too.
SPORTS & LEISURE
Like everything else, prices in Visakhapatnam of sports and pastime activities are low too, and Visakhapatnam is actually one of the cheaper countries in India when it comes to these activities. If you want a gym or a fitness club membership, the price you’ll pay is only about 15$. The prices of cinema tickets are very low, too – they only cost about 2.12$.
CLOTHING & SHOES
In Visakhapatnam, you can find a lot of places where you can shop for clothes. The prices in this city are fairly low compared to some other cities. For example, quality jeans will cost you only around 23$, while a pair of Nike running shoes can cost around 34$. Light pieces of clothing for summer cost around 22$.
RENT PER MONTH
Rent isn’t as expensive in Visakhapatnam either. Of course, the price of rent depends on what you want from a home. If you want a one-bedroom apartment in the center of the city, that will cost you around 120$. But there are plenty of gorgeous little apartments a bit further away from the city, that are charming and cost only about 60$.
Cost of Living Averages Table for Visakhapatnam
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$ 1.70|
|Domestic Beer (0.5 Liter)||$ 1.63|
|Water (0.33 Liter)||$ 0.21||Average Market Prices|
|Milk (1 Liter)||$ 0.64|
|Loaf Bread (500g)||$ 0.51|
|Eggs (12)||$ 0.80||Average Transport Prices|
|One Way Ticket||$ 0.28|
|Monthly Pass||$ 9.89|
|Gasoline||$ 1.11||Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$ 16.79|
|1 min. of Prepaid Mobile Tariff Local||$ 0.01|
|Internet (Unlimited Data, Cable/ADSL)||$ 10.51||Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$ 15.94|
|Tennis Court Rent (1 Hour)||$ 4.24|
|Cinema, 1 Seat, International Release||$ 2.12||Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$ 23.88|
|1 Summer Dress in a Chain Store (Zara, etc...)||$ 22.06|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$ 34.34||Average Rent Prices|
|Apartment (1 bedroom) in City Center||$ 117.68|
|Apartment (1 bedroom) Outside of Center||$ 58.61|
|Apartment (3 bedrooms) in City Center||$ 286.20|
How Does the Average Person Spend Their Money in Visakhapatnam?
A huge percentage of an average person’s salary gets spent on food in Visakhapatnam – almost 40% of one’s entire salary.
Rent is another pretty big expense for the people of Visakhapatnam, but in this city – it’s far behind the expense of transportation which is something that has to be paid everyday since it’s a regular necessity.
Restaurants are fourth on the list of expenses.
Utilities follow, and sports and leisure along with clothing draw the least money from one’s salary in Visakhapatnam.
Visakhapatnam: Average Salary, Minimum Wage & Mortgages
Considering their monthly salaries, people of Visakhapatnam might find it hard to make ends meet.
Their minimum monthly wage is only about 150$, while the average monthly salary is twice as much.
With their average monthly net salaries that are around 320$, however, people can cover most of their expenses, since their prices are low too, but there are many aspects of life in Visakhapatnam that are huge financial burdens.
If you want to travel to Visakhapatnam , the optimal amount of money for you is around 700$ – and with this you can splurge away.
Cost of Living by City in India
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