Mumbai vs Pune cost of living?

I am planning to buy a property in Maharashtra, so I checked both Mumbai and Pune to decide which is a better place to invest. After comparing, I found that both cities have great potential. To confirm one, I looked into the Mumbai vs Pune cost of living. I found, Pune is more affordable than Mumbai, especially in terms of housing rent and daily expenses. The rental rates and overall lifestyle costs are lower in Pune, so it is a more budget-friendly option.

What is the Pune vs Mumbai Cost of Living?

While doing my research on the Mumbai and Pune cost of living, I found some interesting differences that helped me understand which city suits my budget better:

1. Mumbai and Pune are both lively cities, but the cost of living in Mumbai is much higher.

2. In Mumbai, the rent for a 1BHK apartment is usually between Rs. 30,000 to Rs. 60,000 monthly.

3. In Pune, the same apartment costs much less, around Rs. 15,000 to Rs. 30,000 per month.

4. Daily expenses like groceries and eating out are cheaper in Pune. I found the cost is around 10 to 20% lower than in Mumbai.

5. Even transportation is more affordable in Pune. In Mumbai, travel costs are higher because people mostly depend on taxis, trains, or cabs.

If you are looking for a more budget-friendly city to live in or invest in, Pune is a better choice. It offers lower rent, daily expenses, and travel costs compared to Mumbai.

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I’ve stayed in both Mumbai and Pune for my work. So I’ll be happy to detail you all on the cost of living in Pune vs Mumbai. I can say that although Mumbai is the financial capital of India, it is not cheap. Pune on the other hand is a budget-friendly city that won't break the bank, with less rental costs as well as reasonable food and travel costs.

What is Cost of Living Pune Vs Mumbai?

• Cost Of Rental Properties:

Mumbai's rental prices are typically higher than Pune's. Depending on the neighbourhood and features, a one-bedroom flat in Mumbai's city centre can rent for INR 40,000 to 70,000 per month or even more. The similar kind of apartment in Pune, however, is usually much more cheap, costing between INR 15,000 and 30,000 a month.

• Cost Of Utility In Mumbai & Pune:

Pune often has lower utility expenses than Mumbai does. Depending on consumption and location, monthly utility expenditures for a typical 85 square metre apartment in Mumbai might range from INR 3,000 to 6,000 or more. The same utilities for an apartment of the same size normally run between INR 2,500 and 4,500 a month in Pune.

• Dining out:

Dining out can be costly in Mumbai; a single person's meal at a mid-range restaurant typically costs between INR 500 and 1,000. Eating out is generally more reasonably priced in Pune, where a meal at a mid-range restaurant costs, on average, INR 300 to 600 for one person.

• Medical expenses:

Mumbai and Pune may have different medical costs, but they both have sophisticated healthcare systems. Doctor and specialist consultation fees are comparatively higher in Mumbai, and hospital stays, surgeries, and other medical treatments may also come with a hefty price tag.

I hope through these points I am able to help you with the debate of the cost of living in Pune vs Mumbai.

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When planning to relocate to a new city, there are a number of things to take into account. It includes a housing with varying property rates, food, markets, transportation, utilities, clothing, and salaries. I see you wish to know the cost of living in Pune and Mumbai. Let me make it easier for you to make a comparison on Mumbai vs Pune cost of living.

What is Pune vs Mumbai cost of living?

• Pune's consumer prices are 6.65% less expensive than Mumbai's (without rent)

• Pune's consumer prices, including rent, are 27.20 percent less expensive than Mumbai's.

• Pune rent costs are 61.29% less than Mumbai rent costs.

• Pune's restaurant costs are 10.36% less expensive than Mumbai's.

• Pune's grocery costs are 3.53% less expensive than Mumbai's.

• Pune's local purchasing power is 73.89% more than Mumbai's.

What is the cost of living Mumbai vs Pune?

In Pune, you must be able to pay your living expenses by Rs.32,000. Because Pune has a 37% lower cost of living as compared to Mumbai.