The cost of Living in Hyderabad has been a trending topic, particularly with the influx of people moving to this vibrant city. Hyderabad, known for its rich heritage and Nawabi lifestyle, is not only a hub for delicious biryani but also a magnet for students and job seekers. The city’s hospitality, friendly locals, and historical charm make it an attractive destination. However, when relocating, considerations like accommodation, food, and transport are crucial.
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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 stands out for its lower cost of living compared to other Indian metropolises. The expenses vary greatly depending on your lifestyle and needs. For example, the cost of living for a student differs significantly from that of a family of four. Factors influencing these costs include housing, commuting, utilities, and childcare, among others. The range of living costs in Hyderabad can span from Rs. 7,000 to Rs. 1.2 lakh per month. Ultimately, whether you are a frugal family or a student with lavish tastes, Hyderabad offers a comfortable living experience tailored to your budget and preferences. The average Hyderabad cost of living is discussed in detail below:
Expense Item | Average 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 pre-school/ 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.
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Families: Average Cost of Living in Hyderabad
As with all other cities, the cost of living for a family of 4 in Hyderabad would be higher compared to the cost of living for an individual. This is because we would have to take into account additional costs like medical expenses, school fees, rent for a larger home, etc. The average cost of living for a family in Hyderabad would lie between Rs. 30,000- Rs. 50,000. These numbers would be dependent on the area where the family chooses to live, the school the children would be attending, etc. Lifestyle choices like eating out or ordering in, weekend getaways or fitness classes would also make a difference in the cost of living. Utilities, groceries and other miscellaneous expenses would also be higher for a family as compared to a single individual’s life in Hyderabad. A family would also more likely need house helps and cooks, which would add to expenses.
Working Couple: Average Cost of Living in Hyderabad
Infrastructure costs such as rent is 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
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.
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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.
Average Monthly Hyderabad Living Cost
Description | Bachelors | Couples | Families |
Accommodation | 4,000 – 9,500 | 12,000 – 28,000 | 12,000 – 38,000 |
Groceries | 1,000 – 2,500 | 2,000 – 5,500 | 2,500 – 11,000 |
Transport | 1,000 – 2,000 | 1,500 – 3,500 | 1,500 – 4,000 |
Utilities | 1,200 – 2,500 | 2,000 – 3,500 | 2,000 – 3,500 |
Entertainment | 4,000 – 7,000 | 2,000 – 7,000 | 2,000 – 8,000 |
Shopping | 4,000 – 5,000 | 3,000 – 5,500 | 3,500 – 6,500 |
Kids Schooling | Nil | Nil | 3,000 – 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.
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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 Hyderabad | Price (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 Hyderabad | Affordable Areas in Hyderabad | Best PG’s in Hyderabad |
Banjara Hills | Madhapur | PG in Gachibowli |
Jubilee Hills | Begumpet | PG in Kondapur |
Gachibowli | Somajiguda | PG in Gowlidoddi |
Manikonda | Ameerpet | PG in Financial District |
Nallagandla | Uppal | PG in Madhapur |
Kukatpally | Kompally | PG in KPHB |
Miyapur | Nizampet | All 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.
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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
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
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
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 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.
Kids Schooling in Hyderabad
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 check out this blog.
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 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.
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FAQ’s
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.
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 staying in these areas would be around Rs. 30,000- Rs. 50,000 depending on your type of stay as well as your lifestyle.
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.
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.
Ans: Hyderabad offers a blend of rich cultural heritage and modern amenities, making it a comfortable and affordable city for diverse lifestyles.
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.
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.
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.
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.
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.
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