Hi. I came across your query, Mumbai or Hyderabad which is better to live in. Being associated with the real estate industry, I keep on observing the cost of living in the major cities of India. So, let me share a comparative study of the two cities.
What is the Mumbai vs Hyderabad Which is Better?
- Property Rates
In terms of property rates, Mumbai is quite expensive when compared to Hyderabad. The high demand in the housing market has led to this increase in cost.
On the other hand, Hyderabad is an affordable city, with housing options available in both budget and luxury.
| Locality in Mumbai | Average Rate per sq. ft. | Locality in Hyderabad | Average Rate per sq. ft. |
Andheri |
Rs. 23,800 |
Ameerpet |
Rs. 6,879 |
Bandra |
Rs.38,488 |
Banjara Hills |
Rs. 9,615 |
Chembur |
Rs. 20,164 |
Gachibowli |
Rs. 9,328 |
Goregaon |
Rs. 19,878 |
Jubilee Hills |
Rs. 12,544 |
Juhu |
Rs. 39,238 |
Hi-tech City |
Rs. 10,079 |
As you can see, even the high end localities of Hyderaabd like Jubilee Hills and Gachibowli are way more affordable compared to localities in Mumbai.
- Renting
When I talk about the average cost of renting a flat, Mumbai’s rent is higher. The range lies between Rs. 30,000 and Rs. 2.1 lakhs. While in Hyderabad, the rent range is much less, between Rs. 11,000 to Rs. 70,000.
- Transportation
The local transport is where Mumbai wins the game. The connectivity of local trains, auto rickshaws and buses make the transportation cost lesser than in Hyderabad. So, if you see connectivity, Hyderabad is still behind.
- Food
In terms of food, the cost is kind of the same. The average monthly budget is still a bit higher in Mumbai than in Hyderabad.
So, from the factors I’ve mentioned, I can say Hyderabad has a lower cost of living in
Mumbaivs Hyderabad cost of living.
I hope you now know Mumbai or Hyderabad which is better.
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Authors Of The Question
Mumbai vs Hyderabad Which is Better?
Shreya
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1 Answers
7 months
2024-05-08T21:50:57+00:00 2024-05-08T21:50:58+00:00Comment
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