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Home Blog Tenant Cost of Living in Hyderabad in 2024

Cost of Living in Hyderabad: Breakdown of the Average Monthly Cost

Updated : April 28, 2024

Author : author_image Susan

15455 views

Considering a move to Hyderabad? You've come to the right place! Hyderabad offers a unique blend of rich history, modern development, and a delicious food scene. But before you pack your bags, let's delve into the cost of living in Hyderabad. We'll explore everything from affordable housing options to delicious street eats, helping you determine if Hyderabad fits your budget.

This guide aims to provide insights into the living expenses in Hyderabad for different demographics, including students, bachelors, and families, offering a clear picture of what to expect financially in this unique city.

Understanding the Cost of Living in Hyderabad

Hyderabad is cheaper than other big Indian cities! The cost depends on your life. For students, it's cheaper than for families. Rent, transportation, bills, and childcare all affect the cost. In Hyderabad, you can spend anywhere from Rs. 7,000 to Rs. 1.2 lakh per month. So, whether you want to save money or enjoy a fancy lifestyle, Hyderabad can work for you! Let's see what the typical cost of living is in Hyderabad. The average Hyderabad cost of living is discussed below: 

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Expense ItemAverage Cost
2BHK on rent₹ 12,000
Cost of 2BHK₹ 47.44 lacs
Local travel (monthly pass for the train)< ₹ 600-1,000
Electricity, Water, Garbage) for apartment₹ 1,610
Cost of preschool/ kindergarten₹ 2,500-10,000
Maid (cook, clean)₹ 6,000
Petrol₹ 74.42
Cost of 1 meal in an inexpensive restaurant (per person)₹ 150
Lifestyle₹ 10,000
Miscellaneous (water tankers, repair costs per month)₹ 2,000 onwards
Groceries₹ 6,000

Considered one of the more affordable cities in India, Hyderabad is a leading Tier-1 city with a strong IT sector that generates plenty of housing demand. With the Hyderabad Metro expanding, demand for homes is branching all over the city. Not just that, the affordability factor keeps homebuyers looking for properties all over Hyderabad because the growth of businesses and infrastructural developments have ensured that all our zones of Hyderabad have good reasons to develop further.

https://youtube.com/shorts/A1mfvAulDYQ

Families: Average Cost of Living in Hyderabad

Families in Hyderabad will spend more than single people because they need bigger places to live, might pay for schools, and have extra costs like healthcare. The typical range for a family of four is Rs. 30,000 to Rs. 50,000 per month. This can change depending on where you live, if your kids go to private school, and how you spend your money (eating out, entertainment). Even everyday things like groceries and electricity will cost more for a family. Some families might also hire help for cooking or cleaning, which adds to the cost.

Working Couple: Average Cost of Living in Hyderabad

Infrastructure costs such as rent are considerably lower in Hyderabad owing to which a couple may be easily able to find a 1BHK for less than Rs. 10,000 per month as average rent in Hyderabad. Utilities would also be considerably lower compared to that of a family. If the couple is a double-income couple, most expenses could easily be split between the two making the impact on their fiscal health much lower. Travel expenses might amount to about Rs. 2000- Rs. 3000 and other miscellaneous expenses would also not be significant.

Hyderabad Weather

Hyderabad's weather can be described as warm and sunny for most of the year. Here's a quick breakdown of what to expect throughout the seasons:

  • Summer (March-May): Expect hot and dry weather with highs reaching up to 38°C (100°F) and lows around 27°C (80°F). It's not uncommon to see partly cloudy skies during this time.
  • Monsoon (June-September): The monsoon brings a welcome respite from the summer heat. While there's a chance of rain, it's not constant. It can still get humid during this season.
  • Post-monsoon (October-November): This period offers pleasant weather with comfortable temperatures ranging from highs in the mid-30s°C (low 90s°F) to lows in the mid-20s°C (low 80s°F).
  • Winter (December-February): Winters in Hyderabad are mild with highs in the mid-20s°C (low 80s°F) and lows dropping to around 12°C (54°F).

Overall, Hyderabad's climate is something to consider when factoring in the cost of living. The mild winters mean less need for heavy clothes and heating costs. However, summers can be quite hot, so air conditioning may be a necessity, which can add to utility bills.

What Research Says About Hyderabad

Early this year, the Mercer Quality of Living rating put Hyderabad on the top slot, sharing its numero uno position with Pune. Not just that, it is the fourth time in a row that the City of Pearls is crowned with this tag of being the top Indian city in terms of liveability. The significantly lower crime rate when compared to other Indian cities and the good weather helps Hyderabad retain its position year after year. In the global list of Mercer’s surveys, Hyderabad was however in the 142nd spot.

More recently, in the government’s Ease of Living Index, Hyderabad obtained the 27th spot among 111 Indian cities that were competing. Karim Nagar in Telangana obtained the 11th position. Without further ado, let’s get into the details of the cost of living in Hyderabad per month and find out what’s best suited for you.

What Research Says About Hyderabad
View of the Cyber Towers building in Hyderabad

Average Monthly Hyderabad Living Cost

DescriptionBachelorsCouplesFamilies
Accommodation4,000 – 9,50012,000 – 28,00012,000 – 38,000
Groceries1,000 – 2,5002,000 – 5,5002,500 – 11,000
Transport1,000 – 2,0001,500 – 3,5001,500 – 4,000
Utilities1,200 – 2,5002,000 – 3,5002,000 – 3,500
Entertainment4,000 - 7,0002,000 – 7,0002,000 – 8,000
Shopping4,000 - 5,0003,000 – 5,5003,500 – 6,500
Kids SchoolingNilNil3,000 – 18,000

Accommodation in Hyderabad 

When moving into a new city, accommodation is your biggest expense. Finding out the right place to stay, that suits your budget without compromising on your lifestyle is a must. Finding homes can be a tedious affair, but with a bit of research, you can find a good place to live and free yourself from worries. A simple tip to find the right budget for your stay is to set aside 1/3rd of your total salary for this.

Be it any big city, rents for accommodation depends on the area you choose to live in. If you’re looking for decent PG accommodation in areas like Himayat Nagar, Uppal, LB Nagar, Ameerpet, you’ll find good options ranging from Rs.3,500 to Rs.7,000. A 1 BHK flat in these areas will cost you around Rs.5,000-Rs.8,000 and a 2BHK flat will come up to Rs.7,500-Rs.15,000.

If you check in the upscale areas like Jubilee Hills, Madhapur, you’ll be able to rent a 1 BHK for Rs.14000-Rs.23000, while a 2BHk flat will cost you around Rs.30000-Rs.35000.

Property Rates in Hyderabad

Apartments Rental in HyderabadPrice (Rs) Monthly INR
1 BHK Apartment₹5,000 – ₹17,000
2 BHK Apartment₹10,000 – ₹29,000  
3 BHK Apartment₹16,000 – ₹44,000  
Paying Guest (PG)₹5,000 – ₹18,000

Best Areas to Live in Hyderabad

Posh Areas in HyderabadAffordable Areas in HyderabadBest PG's in Hyderabad
Banjara HillsMadhapurPG in Gachibowli
Jubilee HillsBegumpetPG in Kondapur
GachibowliSomajigudaPG in Gowlidoddi
ManikondaAmeerpetPG in Financial District
NallagandlaUppalPG in Madhapur
KukatpallyKompallyPG in KPHB
MiyapurNizampetAll PG In Hyderabad

Also check out The Cheapest Places To Live In Hyderabad from here.

Transport in Hyderabad 

It is always a safer option to choose your stay near your workplace. This saves you a lot of moolah, and time spent on your daily commute. Hyderabad, being a metropolitan city offers all types of transport options. MMTS, the local train rail service which turns out to be the cheapest option to travel. But be informed that it gets very crowded during peak hours.

Buses are the most frequent and next cheapest way of travel in Hyderabad. RTC buses have connectivity all over Hyderabad and you can buy a ticket for as low as Rs.7.

Hyderabad also boasts of a Metro train service, although the connectivity isn’t that good currently. Other regular cabs and auto services are in abundance in Hyderabad.

Hyderabad also has many bike and car rentals services. You also have the option of driving your vehicle. So, transport services in Hyderabad are vast and well connected.

Food in Hyderabad 

Hyderabad is a food heaven with a lot of options to satisfy one’s hunger. But if you’re looking to eat well without hurting your pockets much, then cooking at home is the best option for people moving here. Cooking at home not only saves a lot of money but is also a healthier option.

Hiring a cook is another way to go about it. Cooks/Maids usually charge around Rs.1,000 - Rs. 2,500 depending upon how many meals they are cooking.

Otherwise, Hyderabad has a variety of restaurants and home delivery options. No matter what time it is, food is never a concern in Hyderabad. Total expenditure, if you cook for yourself would come around Rs.3,000 on average, and if you like to order food regularly, then it might go up to Rs.5,000 – Rs.6,000.

Groceries/ Household in Hyderabad 

Groceries/ Household in Hyderabad
Fruit's trader selling fruits at road side

All the regular household essentials are easily available in Hyderabad. Every locality has many Grocery/Kirana shops in close vicinity. There are many homes delivery start-ups like big basket, Grofers that can deliver everything you need at your doorstep. The average monthly expenditure on groceries and household materials would come up to around Rs. 5,000.

Utilities in Hyderabad

Utilities in Hyderabad
Utilities in Hyderabad

A part of your expenses will go into utilities like electricity bill, gas connection, phone bill, TV, Internet, etc. If you’re living in a society, these bills can go up a bit. Usually, these charges would come in the range of Rs.1,500-Rs.3,500 depending on your locality and type of accommodation.

Shopping in Hyderabad

Shopping in Hyderabad
Charminar with traffic movement around 

Hyderabad caters to all needs of the shopaholics in us. It has a lot of options if you are looking for budget shopping for good quality stuff, then places like Begum Bazaar, Abids Street, Koti market, are where to go. There are many more other places that provide you with numerous options in clothes, footwear, perfumes, toiletries, etc. These off-beat places in Hyderabad for shopping are a must-visit, you get good quality products at decent prices. Your shopping budget for a month should be sorted at Rs.5,000. Hyderabad has many high-scale malls and showrooms too for those who prefer to buy and wear branded clothes and accessories too.

Entertainment in Hyderabad

Entertainment in Hyderabad
Ramoji film city in Hyderabad 

Entertainment plays a very important role in everyone’s life. After a hard day of work, everyone needs time to unwind and relax. Hyderabad offers a lot of options in this regard. A sip of the special Irani chai at midnight can drain all your tiredness of the day. Hussain Sagar lake is a favourite among the locals. A drive around necklace road can be very peaceful at night.

Hyderabad also boasts of 2 well-maintained forts from the Nizam era where they have light & sound shows every evening. Hyderabad’s main attraction, Charminar, is a favourite among locals and tourists too. The surrounding areas of Charminar provide you with some lip-smacking snacks and Irani chai. Hyderabad also has a lot of night clubs and pubs where you can dance your time away. A typical evening in Hyderabad would usually cost you around Rs.500-Rs.1000. If you decide to hit the pubs then your expenditure goes up to Rs.2,500-Rs.3,000.

Cost of Living in Hyderabad For a Bachelor

Hyderabad offers a relatively affordable lifestyle for bachelors compared to other major Indian cities. The cost of living can vary depending on your preferences and spending habits, but here's a breakdown to give you an idea:

Accommodation

  • This is typically the biggest expense. Sharing an apartment (paying guest) in budget areas like LB Nagar or Uppal can cost ₹3500-₹4500 per month.
  • A 1BHK apartment in these areas might set you back around ₹5000-₹8000 per month.
  • If you prefer a more upscale area or a posh locality, expect to pay significantly more for rent.

Food

  • Hyderabad is a paradise for foodies, with a wide range of options from street food stalls to fine dining restaurants.
  • You can easily manage your monthly groceries for ₹1000-₹2500, depending on your cooking habits and dietary choices.
  • Eating out can be inexpensive as well, with local restaurants offering delicious meals at affordable prices.

Transportation

  • Public transportation in Hyderabad is efficient and cost-effective. Buses and the metro can get you around the city for a few rupees per trip.
  • Renting a motorbike or scooter is another popular option, offering more flexibility but adding fuel costs.

Utilities

  • Expect to pay around ₹1200-₹2500 per month for utilities like electricity, water, and internet, depending on your usage and apartment type.

Total Cost

On average, a bachelor in Hyderabad can expect to live comfortably on a monthly budget of ₹15,000-₹25,000. This includes rent, food, transportation, utilities, and some miscellaneous expenses.

Kids Schooling in Hyderabad

Kids Schooling in Hyderabad
School Children assemble with long flag

Hyderabad being a metropolitan city has a lot of options for schools and colleges. Kendriya Vidyalayas are a CBSE board school with yearly charges of below Rs.40,000. This goes up higher as we move towards international schools to about Rs.80,000-Rs.1 Lakh. The preschoolers or kindergarten schools in Hyderabad have a fee range of Rs. 15,000 to Rs. 60,000 depending on the area and the facilities provided. For information about schools in Hyderabad.

Life in Hyderabad

Hyderabad offers a vibrant life that blends rich history, modern amenities, and a pleasant (mostly) warm climate. Here's a glimpse of what life in Hyderabad can be like:

Culture and History

  • Immerse yourself in the city's heritage by visiting iconic landmarks like the Charminar, Golconda Fort, and Qutub Shahi Tombs.
  • Explore museums and art galleries that showcase Hyderabad's artistic legacy.
  • Experience the vibrant festivals throughout the year, like Diwali, Ugadi, and Bonalu, that showcase the city's diverse culture.

Food Paradise:

  • Hyderabad is a haven for foodies! From world-famous Hyderabadi Biryani to local street food like kebabs and dosa, there's something for every taste bud.
  • Numerous restaurants cater to all budgets, from fine dining experiences to delicious and affordable street vendors.

Affordability:

  • Compared to other major Indian metros, Hyderabad boasts a relatively lower cost of living. You can find good quality accommodation, delicious food, and efficient transportation without breaking the bank.

Factors influencing the cost of living in Hyderabad

There are 6 main factors that influence the cost of living in Hyderabad -

  • Accommodation
  • Transport
  • Groceries
  • Utilities
  • Leisure & Entertainment
  • Child care (optional for the cost of living in Hyderabad for a bachelor)

What Are Some Good Places to Visit in Hyderabad

Charminar

Sultan Mohammad Quli Qutub Shah built the Charminar to honour his wife, Bhagmati, and it is a major tourist attraction in Hyderabad. It stands 56 metres tall and 30 metres wide, and it was built in 1591. Without a visit to Charminar, a vacation to Hyderabad is incomplete.

Hussain Sagar Lake

The Hussain Sagar Lake is Asia's largest artificial lake and one of Hyderabad's most popular tourist attractions. While you're here, take a ferry ride to get a full sense of Hyderabad.

Ramoji Film City

The Ramoji Film City, as its name suggests, has several film sets and celebrities shoot here from time to time. It is one of the world's largest film studios, with a place in the Guinness Book of World Records. You may sign up for a guided tour of the studio and, if you're lucky, a photo with your favourite celebrity.

Golconda Fort

The Golconda Fort, located 11 kilometres outside the city, is another popular tourist attraction in Hyderabad. You can take a guided tour of the fort or simply walk around and explore this historical wonder on your own. When you visit the fort, don't miss the Amitabh Bachchan-voiced sound and light extravaganza.

Purani Haveli

Mir Momen, the Peshwa of Mohammad Quli Qutub Shah, lived at the Purani Haveli in Hyderabad, which was eventually taken up by Nizam III. It wasn't until years later that it was given the name Purani Haveli. The haveli's European architecture, magnificent courtyards, and library are just a few of the many attractions.

With a large number of people coming in and living in the city, it is turning into a hub of its own and also the reputation of being one of the most popular cities in India. So, now, if you are planning about the cost of living in Hyderabad to get your very own place here in the city, let us help you! You can find homes on rent for any budget and SAVE on brokerage click the link below to find out how NoBroker can help you get the right house.

Frequently Asked Questions

1. What is the average cost of living in Hitech City Hyderabad for a single person?

Ans: The cost of living in Hitech City Hyderabad for a single individual typically ranges between Rs. 15,000 to Rs. 30,000 per month, depending on lifestyle and accommodation choices.

2. What is the cost of living for a family of 4 in Hyderabad, India?

Ans. A family living in Hyderabad can have a comfortable or luxurious lifestyle depending on the area they stay in. If you stay in areas like Uppal, Ameerpet, LB Nagar, etc. you can get a 1Bhk flat for Rs.5,000-Rs.8,000. With the added expense of food, transport, utilities, medical, school, etc. your total budget for a family of 4 would come around Rs. 15,000-Rs. 20,000 depending on your lifestyle.

This rate goes up if you get a 2Bhk flat which should cost you around Rs. 7,500-Rs. 13,000 in these areas. If you choose to live in posh localities like Jubilee Hills, Madhapur, etc. then the rental charges go up to somewhere around Rs. 14,000-Rs. 20,000 for a 1Bhk flat and Rs.25,000-Rs. 30,000 for a 2 bhk flat. Overall expenses for staying in these areas would be around Rs. 30,000- Rs. 50,000 depending on your type of stay as well as your lifestyle.

3. How much does it cost for a couple to stay in Hyderabad?

Ans. Rental charges for flats in Hyderabad are comparatively cheaper than in other big cities. For a couple moving to Hyderabad, a 1Bhk flat in areas like Hi-Tech city, Madhapur, etc will cost around Rs. 15,000. Adding to that the expenses in food, transport, utility bills, etc. your overall budget for the month to live a comfortable life would come up to Rs. 25,000- Rs. 35,000. If you choose to move to budget areas like Ameerpet, Himayat Nagar, etc. then your overall expenses can come down by Rs. 5,000-Rs. 7,000.

4: What is the best area to live in Hyderabad with family? 

Ans: Some of the best areas to live in Hyderabad with family include Jubilee Hills, Banjara Hills, Kondapur, Gachibowli, and Madhapur. These areas offer good connectivity, proximity to schools and hospitals, and a safe and secure environment.

5: How is Hyderabad to live?

Ans: Hyderabad offers a blend of rich cultural heritage and modern amenities, making it a comfortable and affordable city for diverse lifestyles.

6: Is Hyderabad safe for living? 

Ans: Hyderabad is a relatively safe city to live in. The city has a lower crime rate compared to other major Indian cities. However, like any other city, it is important to exercise caution and take necessary safety precautions.

7: What are the average monthly expenses in Hyderabad?

Ans: The monthly expenses in Hyderabad depend on various factors such as accommodation, transportation, food, and other personal expenses. On average, the monthly cost of living in Hyderabad for a single person can range from INR 15,000 to INR 25,000, while for a family of three, it can range from INR 30,000 to INR 50,000.

8: What is the cost of living in Hyderabad for a single person? 

Ans: The cost of living in Hyderabad for a single person can vary depending on various factors such as accommodation, transportation, food, and other personal expenses. On average, a single person can expect to spend anywhere between INR 15,000 to INR 25,000 per month.

9: What is the cost of living in Hyderabad for a family of 3? 

Ans: The cost of living in Hyderabad for a family of three can vary depending on various factors such as accommodation, transportation, food, and other personal expenses. On average, a family of three can expect to spend anywhere between INR 30,000 to INR 50,000 per month.

10: Is Hyderabad an expensive city? 

Ans: Hyderabad is generally considered to be an affordable city compared to other major cities in India such as Mumbai and Delhi. However, the cost of living can vary depending on various factors such as accommodation, transportation, food, and other personal expenses.

11. Is Hyderabad a good place to live?

Ans: Hyderabad is a relatively safe city to live in. The city has a lower crime rate compared to other major Indian cities. Compared to other major Indian cities, Hyderabad offers a relatively low cost of living for accommodation, food, and transportation.

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hitech scholars

The blog is very informative. Great share, Amazing write-up.

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