Pune is a very cosmopolitan and diverse city. With being an IT & Technology Hub of Maharashtra after Mumbai leading, Pune also is known for its quality education with a number of Tier 1 Colleges and Universities like Balaji University, Symbiosis International University. All these advancements in Pune has lead to Pune being a diverse, young and energetic population who prefers to stay nuclear and spend quality time with their day to day duties. With the fast, energetic population of Pune, also comes with its own mix of culture with people enjoying festivities, celebrations together, to spending evenings with the friends.
The cost of Living in Pune depends on various aspects, which can be the location that you are living in, the purpose you living in Pune as a Student, Professional Studies, Corporate Job, whether you are a family man or you are a bachelor.
What are the Typical Expenses for Living in Pune
What are the factors determining the Cost of Living in Pune
Accommodation / Room Rent in Pune
Renting an studio apartment or 1 BHK or 2 BHK or an independent house is going to gobble up a large chunk of your monthly budget. With rents starting from ₹8,000 for a Studio Apartment, it may shoot to nearly ₹16,000 – ₹18,000 a month for a 1BHK or Studio Apartment, depending upon location to location. There comes the benefits on going for Professional PG in Pune, which can reduce the burden of monthly rental but also take off a large hassles of arranging and spending on the common living expenses. The average rentals for PG in Pune may start from as low as ₹2,500 Per Month to as high as ₹10,000 per month depending the type of accommodation (shared vs private rooms), location of the PG you want to go for, additional amenities like Air Conditioning etc.
Cost of Travel/Transport in Pune
Pune has really good Public transport with all the shared Cabs available for people to rent for short distance or long distance travel. When it comes to Public transport as Buses, Pune as the city is still to emerge and cope up with the growing population. More than transport, the time to travel on roads is more valuable, and due to huge traffic in peak hours, people prefer to stay closed to their office or colleges. Typically, for a Monthly pass on Public buses or Local Rail travel will cost you nearly between ₹800 to ₹1,200.
Necessary Utilities Cost in Pune
The day to day utilities in Pune can be easily arranged at not so expensive burn on the pockets.
The very basic necessities like water, electricity, garbage, and more will not cost you more than ₹3,000 in an apartment, and in shared accommodations, its either covered in the rentals or will not cost more than ₹600 a month. The Wifi charges will be like ₹1,000 a month for an individual connection, while in PG or an Hostel, it will be either be covered in your rental or will be charged based on your arrangement with the PG provider.
Cost of Groceries in Pune
With such a diverse and cosmopolitan population in Pune, Pune has come out really well in arranging the daily needs for people coming from different demography’s in India. Not only India, In Pune, getting the groceries for foreign population has not been difficult at all. Monthly Individual Grocery expenses in Pune may span from ₹2,500 a month to ₹3,500 a month depending upon your consumption and preferences.
If you don’t like spending time turning those groceries into food, you can hire part-time help for ₹1,500 to ₹2,000.
Leisure & Entertainment Cost in Pune
Pune host a large number of refreshing gaming zones, restaurant chains from North India to South, from Continental, Thai to Western. A satisfying meal for two people at an average restaurant in Pune will cost you about ₹250. There are good joints where you want to hop-in and enjoy satisfying meals at around ₹500 per person. And then there are five-star restaurants, where just reading the menus are going to satisfy the appetite.
Pune is surrounded by a lot of places, hill stations, beaches in less than 100 Km reach, which acts as the weekend destinations, people may want to travel and energize. These weekend joints, an average resort cost around ₹1,500 per person per night to ₹5,000 per person per night.
What is the Cost of Living in Pune for Students?
The cost of living in Pune for students depends on your accommodation which is around ₹6,500 – ₹15,000 then there is the cost of transportation and food. Generally, in Pune the students prefer staying in professionally managed and shared accommodations like HooLiv, where all of the day to day needs and expenses are primarily covered in the rental plans. The only thing the students have to be worried about their Studies. HooLiv comes with a series of PGs in different locations in Pune, with rentals ranging from as low as ₹4,500 (including meal, high speed internet) for a shared accommodation of three people, to as low as ₹6,500 (including meal, high speed internet) for a Twin Sharing Room, to ₹10,000 (all inclusive) for a Private room. Of-course the rates accelerate the more amenities we look for like Air Conditioning, Gymnasium etc.
To sum it all up, living in Pune seems to be quite affordable, and the culture and satisfaction it carries, you get value for every single rupee you spend.
Welcome to Pune, the land of diversity and fast moving city in India.