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Home / Buy and Sell / Investment / How Much Is Cost Of Living In Mumbai?
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How Much Is Cost Of Living In Mumbai?

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0 2022-08-10T10:07:10+00:00

My cousin got a job in Mumbai but within 3 months he left it saying the city is quite costly. He shifted to Pune in a new company after that. Recently one of my friends got a job offer in Mumbai and asked me what is the cost of living in Mumbai. I myself had no such idea so I called my cousin to get details about it. I got to know that Mumbai is not only one of the expensive cities in India but also in Asia so let me tell you how much you need to earn to live in the city.

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How much is cost of living in Mumbai?

For bachelors the cost of living is approx 

  • Rs 10,000 to Rs 20,000 per month for rent but yes it depends on in which area you are living in. 

  • Transportation expense from your house to office which you will need to check out yourself

  • Household cost approx Rs 5,000

  • Extra about Rs 5,000

Now if you are a fresher it is better to avoid living in Mumbai if your salary is less than Rs 40,000 or you need to struggle and live there.

 

What is the average cost of living in Mumbai?

To live in Mumbai a salary of minimum Rs 40,000 will be necessary or at least Rs 35,000. Monthly expenditure can go upto Rs 30,000 so in order to save some money for yourself you should ask for a hike from your company. Avoid living in South Mumbai or the salary you will need is minimum Rs 55,000

 

This is all I can say about the

cost of living in Mumbai.

 

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