What Is the Cost Of Living In Pune 2022?

What Is the Cost Of Living In Pune, Pune is a naturally enhanced location where the cost of living depends a lot on the location and type of home ownership. So, this blog will help you evaluate the basic expenses for a resident who wishes to buy a home in Pune and reside there. It primarily depends on the location of residence and type of home ownership.

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The cost involved in commuting between one’s office and home depends on how far the residence is from your office, as public transportation is quite limited in Pune. This place has higher commuting costs, because of its lack of public transportation. The rents are nominal, cheaper than Mumbai but more expensive than other southern cities.

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For having a decent lifestyle in a city like Pune, we have compiled detailed list of expenses that you are likely to incur. The list includes all the major expenditures that you have to pay for if you are staying alone, with friends, with family or as a couple in a house in Pune.

What Is the Cost Of Living In Pune For Bachelors?

A bachelor in Pune can opt for paying guest accommodation in Pune if he is staying alone. Or also, can opt for a co-living apartment where all the facilities and amenities are included in the rental amount.

A residential flat in Pune for rent may cost around Rs 15,000 – Rs 20,000 per month, depending upon the location and other comforts available in the unit. If you are looking for a 1BHK, it would cost you around Rs 10,000 per month, depending upon the location. You can also opt for shared living in a bigger apartment, which can bring down the overall cost to Rs 8,000.

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There is a household cost that is incorporated if you are opting for a shared apartment in Pune with two other friends. You would have to split all the household cost, which will be equivalent to a family of three. The various cost involved are expenses for cook/maid, maintenance charges of the flat, Wi-Fi bill, etc. This can go up to Rs 3,000 per month, depending upon the usage. In addition to this, add Rs 2,000 for meals, if you are planning to cook at home.

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Another major cost that comes up is the transportation cost where usually, companies provide cabs to pick up and drop the employees. However, if you have to travel by your own means, you have to depend on private taxis for daily commuting and that might cost you higher. This can cost you up to Rs 3,000, depending upon the distance you have to travel from your home in Pune to workplace. Car fuel is equally expensive and it would cost you almost the same.

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Cost Of Living In Pune For A Family With Children

Pune have various cities both affordable and luxurious and if you want to rent a home in a posh location, you might need to shell out Rs 30,000 – Rs 40,000 per month, for a 2BHK residential flat. However, if you are looking for 2BHK apartments in Pune in an average locality, you may find a decent option in the range of Rs 20,000 – Rs 30,000.

Here, a family with children will at least require a 2 BHK and in a posh locality in Pune, a 2BHK apartment would be Rs 85 crore onwards. However, if you are looking for a similar-sized apartment for sale in Pune in an average locality, you may find a good option for Rs 40 lakhs to Rs 60 lakhs.

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A family of three or four may have a number of expenses such as utility bills, school fees, food, clothing, maid’s salary, day-care or nanny’s salary and other lifestyle-related expenditure. This may cost you around Rs 20,000 – Rs 25,000 per month, depending upon how lavish or normal your living standard is.

Travelling from home to workplace and vice versa or to any other place incurs the transportation cost. If you travel in your own vehicle, you have to spend on car fuel, which may vary depending upon the distance you travel and the prevalent fuel rates. At the present rate, you may have to shell out a minimum of Rs 4,000 per month, depending upon the type of vehicle you own and the distance that you travel every day.

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Cost Of Living In Pune For Couples

For a couple a 1 BHK flat in Pune is also good to go on rent and the average rent here may be around Rs 12,000 – Rs 15,000 per month. It will totally depend upon the property size, location, housing society, property type and amenities available.

If instead of renting an apartment if you require a 1 BHK property in Pune will cost you around Rs 30 lakhs – Rs 45 lakhs, depending upon the location and quality of construction.

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The household cost like the maintenance charges, cook/maid salary, electricity and Wi-Fi bill, etc are also to be paid. This will not exceed Rs 10,000, depending upon the housing society, number of appliances and other factors in a normal locality. Though, there is no limit for the same.

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The final costing is the transportation, thus if you own one vehicle, the car fuel cost will be around Rs 3,000 – Rs 5,000. If you use two vehicles, the transportation cost, which includes car maintenance, car cleaning and parking charges for the additional car, along with car fuel, will add up to Rs 12,000 per month.

So, Pune is a good city for a decent living with the loved ones. Even many migrate here for better education and job opportunities. A decision that can be fruitful should be made today for a budding future.

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