Cost of Living in Mumbai vs Bangalore- Which Metro City Fits Your Pocket?

When it comes to choosing where to live in India, the comparison between the Cost of Living in Mumbai vs. Bangalore is a crucial factor. These two bustling metro cities offer unique experiences and opportunities, but they also come with distinct price tags. 

Whether you’re a professional seeking job prospects, a student looking for an affordable education, or simply considering a change in scenery, understanding the cost differences between these two smart cities in India can help you determine which one fits your budget and lifestyle. In this guide, we’ll break down the key aspects of living expenses in Mumbai and Bangalore, helping you make an informed decision about where to call home.

Mumbai vs Bangalore: List of differences you should know

Cost of Living in Mumbai vs Bangalore

The cost of living in Bangalore tends to be relatively more affordable compared to Mumbai,and Bangalore are two of India’s most vibrant cities, each offering a unique lifestyle and economic opportunities. When comparing the cost of living between these two urban centers, significant variations emerge. In this brief overview, we’ll explore the key differences in living expenses, such as housing, transportation, and daily essentials, to help you better understand the contrasting financial landscapes of Mumbai and Bangalore.

Living costs in Mumbai

Mumbai, one of India’s bustling metropolises, is known for its vibrant culture and numerous opportunities. However, it also comes with a relatively high cost of living and also has the most expensive home in Mumbai. Housing, transportation, and dining out can be quite expensive in this city. It’s essential to plan your budget carefully if you’re considering living in Mumbai to ensure a comfortable and financially sustainable experience.

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Cost of Housing in Mumbai

Housing costs in Mumbai are among the highest in India and can be a significant portion of one’s expenses. The city’s real estate market is known for its high property prices and steep rental rates. The cost of housing in Mumbai varies greatly depending on the neighborhood, type of accommodation, and amenities. Considering different types of real estate property for investment is essential to get the best ROI in this competitive market.

Here’s a rough breakdown of housing costs in Mumbai:

Renting an Apartment

Rent for a one-bedroom apartment in a decent neighborhood can range from INR 25,000 to INR 60,000 per month or even higher, depending on the locality and the apartment’s size and quality. In more upscale areas like South Mumbai, rental prices can be considerably higher.

Buying a Property

Property prices in Mumbai can be exorbitant, especially in prime areas. The cost of purchasing a flat or house can vary greatly but often starts in the millions of Indian Rupees, and luxurious properties can run into tens or even hundreds of crores. In fact, you can explore the tallest tower in Mumbai for a more luxurious lifestyle.

Additional Costs

Apart from rent or mortgage, residents may have to pay maintenance charges, property taxes, and other fees, which can add to the overall housing expenses.

It’s essential to research and plan carefully when considering housing options in Mumbai, as the cost can significantly impact your overall budget and lifestyle.

Property Rent and Property rates for 1 BHK in Mumbai:2023 

Living costs in Bangalore

Living costs in Bangalore can vary depending on your lifestyle and housing choices. Generally, it’s considered one of India’s more expensive cities, with higher rent and property prices, but also offers a wide range of amenities, dining options, and cultural experiences. Be prepared to budget for housing, transportation, food, and entertainment while living in this vibrant tech hub.

Housing in Bangalore

In Bangalore, housing costs exhibit significant variations based on factors such as locality, accommodation type, and available amenities. The city’s diverse real estate market accommodates a wide range of budgets, making it renowned for offering luxurious apartments in Bangalore that cater to various preferences and financial considerations

Here’s a rough breakdown of housing costs in Bangalore:

Renting an Apartment

The cost of renting an apartment in Bangalore varies based on factors such as the size of the property, location, and quality of the building. On average, you can expect to pay anywhere from INR 12,000 to INR 40,000 per month

Buying a Property

Property prices in Bangalore can also vary widely based on the locality and type of property. While there are luxury properties available at premium rates, there are also more affordable options. A mid-range apartment in a good neighborhood could start at around INR 50 lakhs or more, while luxury properties can cost several crores of Indian Rupees. For a more luxurious lifestyle, you can explore the most luxurious apartments in Bangalore.

Additional Costs

Beyond rent or mortgage payments, residents may need to pay maintenance charges, property taxes, and other fees associated with housing.

Property Rent and Property rates for 1 BHK in Bangalore:2023 

Electricity Charges in Mumbai vs Bangalore

Electricity charges in Mumbai and Bangalore vary due to differences in tariffs, distribution costs, and government regulations. Generally, Mumbai tends to have higher electricity rates compared to Bangalore. Factors such as local infrastructure, consumption patterns, and subsidies can also influence these rates. Consumers in both cities should be aware of their respective tariff structures and usage patterns to effectively manage their electricity expenses.

Electricity Charges in Mumbai

Electricity Charges in Bangalore

Food cost in Mumbai vs Bangalore

The cost of food in Mumbai tends to be higher than in Bangalore. This difference is primarily due to Mumbai’s higher cost of living, as well as its reputation for offering a wider variety of dining options, ranging from street food to upscale restaurants. In contrast, Bangalore generally offers more affordable dining options, making it a more budget-friendly destination for food enthusiasts. However, prices can vary significantly depending on where you choose to eat and the type of cuisine you prefer.

Food cost in Mumbai

Vada Pav, panipuri, bhelpuri, Bombay sandwich, Sev puri, omelet pav, Ragda-Pattice, and pav bhaji are the famous food in Mumbai. Its cost is around ₹ 15 to 60 depending on the restaurant and area.

On the other hand, if someone wants homemade food, then the starting cost is ₹ 2500 to a max of 6000, it also depends on the person’s demand and needs.

Food cost in Bangalore

Bangalore has a variety of popular and reasonably priced street foods. At street vendors, you may buy foods like dosas, idlis, Vadas, and several kinds of chaat. Depending on the dish and location, prices for these things might range from as little as twenty dollars to one hundred or more. It can vary when dining at midrange establishments. Depending on the style of cuisine and the location of the restaurant, a single meal at a typical, modestly expensive restaurant can range from ₹300 to ₹700.

Public Transport and Infrastructure in Mumbai vs Bangalore

Public transport and infrastructure in Mumbai and Bangalore differ significantly. Mumbai, a bustling metropolis, boasts an extensive public transport system, including suburban trains, buses, and a metro network.

Public Transport and Infrastructure in Mumbai

Mumbai is known as a Tier 1 city in India, so it boasts an extensive and diverse public transport system along with a range of infrastructure facilities to support its massive population and bustling urban environment. Mumbai’s lifeline is its suburban railway network, often referred to as “local trains.” The Brihanmumbai Electric Supply and Transport (BEST) Undertaking operates a vast fleet of buses that cover Mumbai and its suburbs. Mumbai Metro is a relatively recent addition to the city’s public transport system, with several lines under construction or in operation. Mumbai is home to several iconic landmarks, including the Bandra-Worli Sea Link, which connects Bandra and Worli and significantly reduces travel time between these areas.

Additionally, the Eastern Freeway and various flyovers help alleviate traffic congestion. The city has two major airports, Chhatrapati Shivaji International Airport, and Juhu Airport, providing domestic and international air travel.

Generally, the cost of Local Stars is from ₹5, Metro starts from ₹10 and the Aurorikshow meter starts from ₹23. 

Public Transport and Infrastructure in Bangalore

Bangalore has been steadily improving its public transport and infrastructure to cope with its growing population and urbanization. Bangalore become the fastest-growing and emerging city in India. Bangalore’s metro system, known as Namma Metro, has been expanding its network to various parts of the city. The Bangalore Metropolitan Transport Corporation (BMTC) operates a vast fleet of buses that serve the city and its suburbs. Bangalore has a suburban railway network connecting the city to nearby towns and suburbs. Kempegowda International Airport serves Bangalore and provides domestic and international air travel options.

The average cost of transportation in Baganloare is between ₹10 to 60.

Fuel expenses in Mumbai vs Bangalore

A comparison of fuel expenses between Mumbai and Bangalore, highlighting the cost differences and factors influencing them.

Fuel expenses in Mumbai

Currently, the petrol cost in Mumbai is ₹106.31/L and CNG cost is ₹79/KG 

Fuel expenses in Bangalore  

Currently, the petrol cost in Bangalore is101.94/L and the CNG cost is ₹82.50/KG 

Women’s Rights and Safety in Mumbai vs. Bangalore 

Women’s rights and safety are important issues that concern every city around the world, and Mumbai and Bangalore are no exceptions. Mumbai is a diverse and cosmopolitan city, and it generally promotes a more liberal and inclusive outlook. Women in Mumbai have access to a wide range of educational and employment opportunities. While Mumbai is generally considered safer for women compared to many other Indian cities, it’s essential to be cautious, especially at night and in less crowded areas.

Bangalore is known for its vibrant and diverse culture, and women here have access to education and career opportunities. The city has a burgeoning IT sector, which has led to an increase in the number of working women in tech-related fields. Due to the best lifestyle and facilities, Bangalore is the best city to live and work in India.

Bangalore is often considered one of the safer cities in India for women. It has a well-functioning police force and initiatives like Pink Hoysala, which is dedicated to ensuring the safety of women and children. 

Career opportunities in Mumbai vs. Bangalore

Mumbai and Bangalore are two of India’s most prominent cities, each offering a unique set of career opportunities and industries. The choice between the two cities often depends on your field of interest and expertise.

Mumbai has a Finance and Entertainment Hub offering the Media and Advertising, Fashion and Design, Hospitality, and Tourism sectors job opportunities.

On the other hand, Bangalore has the biggest IT Hub and also offer Research and Development, multiple Startups and Entrepreneurship, Telecommunications, and Electronics, Education and Healthcare, and Manufacturing and Aerospace sector job opportunity.

Tourism in Mumbai vs. Bangalore

Tourism in Mumbai

Mumbai and Bangalore are two major cities in India, each offering its own unique attractions and experiences for tourists. Mumbai is home to several historical landmarks, including the Gateway of India, Chhatrapati Shivaji Terminus, and the Elephanta Caves. The city boasts beautiful beaches like Juhu Beach and Marine Drive, which are popular for relaxation and taking leisurely strolls along the Arabian Sea. Mumbai is a melting pot of cultures and offers a diverse range of experiences, from exploring the vibrant neighborhoods of Colaba and Bandra to enjoying street food at Chowpatty and visiting historic temples and churches. The city offers fantastic shopping opportunities, from high-end boutiques and malls to bustling street markets.

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Tourism in Bangalore

Bangalore is known for its lush greenery and pleasant climate. The city’s parks and gardens, such as Lalbagh Botanical Garden and Cubbon Park, provide serene and tranquil settings for visitors. While not a traditional tourist attraction, Bangalore’s thriving IT sector has led to a cosmopolitan culture with a vibrant nightlife, making it appealing to young professionals and expatriates. Bangalore is a hub for startups and innovation, with numerous co-working spaces, tech events, and innovation centers. Due to all these factors, Banglore is a prime location for the real estate industry, and many of the housing projects are launched in Bangalore. The city has a thriving art and culture scene, with numerous art galleries, theaters, and cultural events taking place throughout the year. Bangalore offers modern shopping malls, bustling street markets, and a variety of dining options, including cafes, restaurants, and street food stalls.

Climate: Mumbai vs. Bangalore

Mumbai Climate

Mumbai and Bangalore have distinct climates due to their geographical locations and elevations. Mumbai has a tropical climate, characterized by high temperatures, humidity, and distinct wet and dry seasons. Mumbai experiences a heavy monsoon season from June to September, with frequent rainfall and occasional flooding. The southwest monsoon brings intense rains to the city during this period.

Summers, from March to June, are hot and humid, with temperatures often exceeding 30°C (86°F). Winters, from November to February, are milder, with temperatures averaging around 25°C (77°F).

Bangalore Climate

Bangalore enjoys a more moderate and temperate climate due to its higher elevation. It is often referred to as the “Garden City” because of its pleasant weather. Bangalore experiences a monsoon season from June to September, similar to Mumbai. Summers (March to May) are warm, with daytime temperatures typically around 30°C (86°F). Winters (December to February) are cooler, with temperatures averaging around 15-20°C (59-68°F).

Water issue: Mumbai vs. Bangalore

Both Mumbai and Bangalore face water-related challenges, but the nature and extent of these issues differ due to their geographical locations, water sources, and population pressures.

Water in Mumbai

The Mumbai Metropolitan Region Development Authority (MMRDA) and Brihanmumbai Municipal Corporation (BMC) are responsible for water supply and infrastructure management. Mumbai experiences periodic water scarcity issues, particularly during the dry months. The city relies heavily on rainfall to fill its reservoirs, and inadequate monsoon rains can lead to water shortages.

Water in Bangalore

The Bangalore Water Supply and Sewerage Board (BWSSB), is responsible for managing water supply and sanitation services. Bangalore faces the severe challenge of depleting groundwater levels due to excessive urbanization, indiscriminate borewell drilling, and inadequate recharge mechanisms. Pollution of lakes and water bodies is a significant issue in Bangalore. Industrial and domestic effluents, as well as solid waste dumping, have contributed to deteriorating water quality.

Now you know you can be settled in Mumbai vs. Bangalore

The choice between settling in Mumbai or Bangalore ultimately depends on your specific circumstances and priorities. Mumbai offers a dynamic and bustling environment with a wide range of career opportunities across various industries but comes with a higher cost of living, particularly in terms of housing and daily expenses. On the other hand, Bangalore, known as the Silicon Valley of India, is a tech hub with growing job prospects, relatively lower living costs compared to Mumbai, and a more laid-back lifestyle. For more exposure, you can check on the satellite cities of Mumbai and Bangalore.

make the right decision, and carefully consider your career goals, financial situation, lifestyle preferences, and family needs. Evaluate the job market, cost of housing, and quality of life in both cities before making your choice. Ultimately, whether you choose the glamour of Mumbai or the tech-driven allure of Bangalore, your decision should align with your personal and professional aspirations.