Pune is a modern metropolis that has an advantage against India’s contamination dilemma, which surely has affected significant urban places like Delhi and Bengaluru, thanks to its slopes and greenery. Furthermore, the city’s availability of green places, such as parks, gardens on traffic islands, and jungle gyms, has increased demand for basic utilities.
Pune has made great strides toward success by relying mainly on human-driven efforts, despite the fact that its lovely weather is undoubtedly a bonus. The city’s great public infrastructure, which includes roads, rail lines, and efficient utility services like water and trash management, is the most evident example of this. Additionally, there has been a sharp rise in private interest in expansive malls and theaters like Phoenix and Pune Central as well as reliable athletic facilities like the brand-new MCA stadium.
Cost of Living in Pune
If you aim to stay alone, you can select a paying guest convenience in Pune or a co-living condo where all offices and conveniences are remembered for the rental cost. Depending on the areas of Pune and other amenities offered in the facility, this could cost you between Rs 15,000 and Rs 25,000 per month. However if you are looking to rent an apartment, living costs in Pune range from Rs 15,000 to Rs 30,000 a month, depending on the neighborhood, assuming you are seeking for a 2 BHK.
If you prefer to go by bus, a monthly bus pass would run you anything from Rs 580 to Rs 1500. For individuals who are employed, organizations typically provide vehicles to pick up and drop off employees. If private cabs or an auto are your only option for daily transportation. Depending on the route you must take, this could add up to Rs 3,000 to your daily spending in Pune. If you want to use your own vehicle it would cost you almost the same because fuel is similarly pricey.
Mobile phone services are undoubtedly the least expensive monthly utility expense, also the internet is not expensive, costing only Rs. 1000 a month. Electricity, heating, cooling, and water are included in the price of basic utilities for average-sized apartments, which comes to about Rs. 2000 per month.
When it comes to most other things, street shopping in Pune is affordable. Your most basic wardrobe would cost you approximately about Rs. 2000. At reputable chain stores like Zara or H&M, you can purchase a good pair of jeans here for roughly Rs. 3000, as well as additional items of light clothes like blouses and dresses would cost you the same. Shoes and accessories from well-known brands like Nike continue to be more expensive, costing around Rs. 4000.
Understanding the type of education and training you want to give your child is crucial to determine the cost of daycare in Pune. A good facility may cost up to Rs 8,500 per month, but the lowest monthly cost for a youngster who is ready for preschool is Rs 2,500. Your annual expenses for the international level school in Pune will range from 60,000 to 2 lakh rupees.
Restaurants & Food
Regarding dining out, two meals sans alcoholic beverages at a mid-range restaurant will run you about Rs. 1000. Pune also boasts a lot of upscale dining establishments where you can have a fantastic time and spend more money than if you ate only street cuisine.
The cheapest option to reduce food expenditures is to prepare your own meals or hire a chef or cook. You should expect to pay between 1000 and 2000 rupees for it. If you have food, particularly bachelors and foreign students, you can select a mess for Rs 1500 to Rs 2500 per month. It will cost you between Rs. 10 and Rs. 100 to eat breakfast or a meal in a restaurant, depending on the establishment.
Food shopping is a decision that is made frequently. If you’re the type that enjoys cooking, both for your health and because it’s less expensive, you’ll be pleased with the price of groceries in Pune because then you can significantly reduce your food spending. Compared to many other Indian urban communities, food costs are slightly higher here. But, despite Pune’s reputation for pricey foodstuff, there are several enterprises and sectors where you may find modest food and eating selections that can fit within your budget.
Tips to Reduce the Cost of Living
Make a Budget
Making a financial plan involves saving money, making smart choices, and living within your means. This includes refraining from pointless purchases and eating less out. Reduce your expenses; only pay what is predicted. You’ll start setting money aside if you keep track of the things you buy.
Choose Public Transportation
Having a car is expensive. You need to consider the initial costs of protection, stopping, support, and gasoline. Having a car also means you may invite more friends along for free rides. You can save a lot of money by using the bus or another less expensive form of transportation. Use shared transportation options like Uber and Ola when you need to travel long distances.
Prepare Your own Meals
No matter how convenient and easy it seems, buying dinners is pricey. Putting together your own meals is the best method to cut costs.
Avoid Unnecessary Subscription
Make sure there aren’t any unused subscriptions while budgeting, especially for print, digital television, and mobile applications. Think about whether there are any free or less expensive alternatives.
Limit your Social Gatherings
There are less expensive methods to amuse yourself, so pick cheaper social activities. You may take a walk in the city park or gardens rather than going to a café. Watch a few movies together and on platforms at home with your friends instead of going to the movies.
If you are a hostel resident. Hostels in general are crammed with unnecessary amenities and provide only mediocre dining alternatives.So you should browse around and find other affordable hostels.