Cost of Living In Delhi

Cost of Living In Delhi, Delhi being a national capital is meant for students, couples, families living have to incur various expenses based on their lifestyle. We have compiled a list of some basic expenses.

What does it cost to live in Delhi, India’s national capital which is the centre of a great deal of eco-social-political activity? The cost of living depends majorly on the lifestyle, where you live, the size of your family, your expenses, etc. However, it is good to get a fair picture of the cost of living in Delhi and the expenses you will incur, in general. So, here is compiled a list for families, couples and bachelors/spinsters.

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Parameter- Affordable properties for sale/rent in Delhi

Property cost- Under Rs 40 lakhs

Rent- Under Rs 15,000 per month for mostly 1BHK and 2BHK units

Locations- Burari, Rohini, Dwarka Mor, Uttam Nagar, Sawda, Mandi, Krishna Nagar, Jangpura, Ibrahimpur, Sultanpur, Govindpuri, Chhattarpur

Parameter- Mid-segment properties for sale/rent in Delhi

Property cost- Rs 40 lakhs – Rs 2 crores

Rent- Rs 15,000-40,000 per month for 1BHK, 2BHK, 3BHK units

Locations- Rohini, Pitampura, Uttam Nagar, Dwarka, GTB Nagar, Shalimar Bagh, Sunlight Colony, Lajpat Nagar, Mandi, Chhattarpur

Parameter- Luxury homes for sale/rent in Delhi

Property cost- Rs 3 crores and above

Rent- Rs 60,000 per month and above for a 3BHK unit

Locations- Ashok Vihar, Jamia Nagar, Saket, Jangpura, Safdarjung, Hauz Khas, Green Park, Jor Bagh, Shanti Niketan, Panchsheel Enclave, Gulmohar Park, Greater Kailash

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Cost of owning, renting a property in Delhi

While much of Delhi is a saturated market, there are resale and redevelopment units, as well as affordable options in the city. Similarly, there are rental options galore across the city, giving you considerable options of siding with affordable rental pockets, mid-segment rent, as well as luxury homes.

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Cost of renting a co-living property in Delhi

Given that Delhi is a hub of education and is close to the job districts of Noida and Gurgaon, there is no dearth of working professionals and college students looking out for co-living properties in Delhi. Monthly rent of these co-living properties will be in the range of Rs 3,000-65,000. Prices vary, depending upon the location and kind of amenities available.

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Cost of commuting and transport in Delhi

If you are someone who takes public transport, you will be spending anywhere between Rs 20 and Rs 50 on a ticket, one way, per day. A monthly pass will cost up to Rs 2,000. Cabs are available at all times of the day and depending on the distance covered, you will need to spend anywhere between Rs 50 and Rs 800 per local trip.

Utilities Cost in Delhi

Utilities, such as electricity and water, are subsidised for Delhiites. On an average, energy and other utility costs range between Rs 2,000 and Rs 10,000 per month given the size of the building, purpose of use of the building, number of family members, etc. Internet cost is less than Rs 1,000 per month.

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Cost of household/grocery items in Delhi

Your monthly supply of provisions and grocery items will cost you almost the same in any city, with variations depending on where you are buying it from (wholesale market or an organic brand), quality of household goods that you prefer, consumption pattern, size of the family, amount of time spent at home, etc. We estimate that a family should be spending anywhere between Rs 8,000 and Rs 25,000 on household supplies while single working professionals and bachelors may spend anywhere between Rs 6,000 and Rs 18,000 per month.

Estimating The Cost of childcare and education in Delhi

If you are a family with kids, budget anywhere between Rs 5,000 and Rs 25,000 per month. On the basis of your child’s age, costs will vary. There are many day-care centres, schools and colleges in the city to choose from. Given the quality of education, the fee structure also varies. Part-time maids/helps/day-care operators to look after your child, will cost you anywhere between Rs 3,000 and Rs 25,000 per month.

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What is the Cost of leisure / lifestyle amenities in Delhi?

On an average, a dine-out at an inexpensive eatery will cost you Rs 300 per person, while a mid-range restaurant will cost Rs 1200-1500 for a meal of two people, per visit. Therefore, depending on the kind of cuisines you love and where you frequent, you can estimate your spending. Other avenues that end up costing you are movies, theatre, hangouts with friends and family, weekend parties, shopping at malls and cost incurred in exploring the city.

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So, basically everything depends on the lifestyle that a person is living and wishes to live in the national capital, that will define the cost of living.

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