Is Mumbai expensive to live?

Mumbai is the most expensive city for expats in India and among the top 20 in Asia, according to Mercer’s 2021 Cost of Living Survey.

How much does it cost to live alone in Mumbai?

How much money do you need to live comfortably in Mumbai? If you choose to live in suburban areas of Mumbai, you will need an average of 40k-50k/ month which will include your house rent ranging from 18k-25k for 1/2 BHK. In South Mumbai rent alone for 1RK will range from 15k-20k.

Is Mumbai a cheap city?

Mumbai is the seventh cheapest city in the world: Economist Intelligence Unit. New Delhi : Four Indian cities, including Mumbai , are among the cheapest to live in globally, while Singapore has been ranked as the most expensive for the fourth consecutive year, as per a report by Economist Intelligence Unit ( EIU ).

Is living in Mumbai Good?

Mumbai is a city which can give you the best living experience. It has every amenity and facility to help you lead a peaceful life. If you wish to buy a house in some city, then you should definitely add Mumbai to the list.

Is it safe to live in Mumbai?

Mumbai has consistently been ranked as one of the safest cities in India. Being the most developed and posh city in India, it is also the financial and commercial hub. Women feel safe to travel even at night in Mumbai due to readily available transport and buzzing nightlife.

How much does it cost to live in Mumbai per month?

Four-person family monthly costs: 1,276.77$ (90,570.78Rs) without rent (using our estimator). A single person monthly costs: 366.69$ (26,012.32Rs) without rent. Cost of living index in Mumbai is 70.75\% lower than in New York. Cost of living rank 318 th out of 356 cities in the world. Mumbai has a cost of living index of 29.25.

How much does it cost to rent an apartment in Mumbai?

A movie ticket costs Rs 300 per person while eating out in a budget hotel may cost Rs 300 – Rs 500 per person. Average rent and buying price: If you want to rent a 2BHK apartment in Mumbai, a little away from the city center or in the suburbs, you have to spend around Rs 40,000-50,000 per month.

Is Mumbai more expensive than New York City?

Mumbai is 69.69\% less expensive than New York (without rent, see our cost of living index ). Rent in Mumbai is, on average, 78.24\% lower than in New York.

What is the average salary of an average person in Mumbai?

According to LinkedIn, a social network for professionals, the average salary in Mumbai is Rs 4.4 lakhs per annum. This can go up to Rs 8.5 lakhs.