Cost of Living in Pune vs Bangalore- Which One to Opt For?

When considering a move to another city or state, especially for work or study purposes, two prominent cities that often come into consideration are Pune and Bangalore. Both cities boast a vibrant culture, a booming job market, and a high quality of life. However, one significant aspect that plays a pivotal role in decision-making is the cost of living. The cost of living in Pune vs. Bangalore can vary significantly, impacting your financial stability and lifestyle choices. In this comparison, we will delve into the various factors that contribute to the cost of living in these two cities, including housing expenses, transportation costs, and even considerations like the availability of Vastu fish for home, helping you make an informed decision about which one might be the better fit for your needs and preferences.

Pune vs. Bangalore: Some important differences you should know

At the time when we think about living, Many factors are there that we need to consider for living cost calculation. Pune and Bangalore both cities are best, but still, we need to analyze some differences.

Cost of Living in Pune vs Bangalore

Pune and Bangalore are prime cities in India that offer the best lifestyle and world-class amenities. Pune is a beautiful state and city of Maharashtra with an area of 15.642 sq. km. and a population of 6,975,000 people. Bangalore is the capital of the Mysore state with an area of 741 sq. km. and a population of 13,608,000 people.

Cost of living in Pune

When we compare Bangalore vs. Hyderabad, Bangalore is good. But at the time of Pune vs. Bangalore,  Pune was generally considered to have a more affordable cost of living compared to some other major Indian cities. However, keep in mind that costs can vary based on personal preferences, lifestyle, and other factors.

The cost of housing in Pune can vary significantly based on the locality and type of accommodation. Rent for a one-bedroom apartment in the city center might be lower compared to similar accommodations in cities like Mumbai or Hyderabad.

Cost of living in Bangalore

Bangalore is one of the top 10 fastest-growing and emerging cities in India. The cost of living in Bangalore is higher compared to many other Indian cities, primarily attributed to its status as a major technology hub, resulting in increased demand for housing and services. Keep in mind that costs can vary based on personal preferences, lifestyle, and other factors.

Accommodation costs, especially for rental properties, constitute a significant portion of your expenses. These costs vary based on the neighborhood and the type of accommodation you prefer. In Bangalore, the average rental for a 1 BHK apartment is ₹22000 per month. When considering property purchase, prices start at a minimum of ₹17.3 Lacs. It’s essential to note that the availability of luxurious prohibited properties can also influence the overall real estate landscape, impacting both rental and purchase prices in different areas of the city.

Cost of Housing in Pune vs Bangalore

When comparing the cost of housing in Pune and Bangalore, it becomes evident that these two bustling cities in India present distinct economic and real estate landscapes. From affordable apartments to lavish, vastu compliant apartments, each city offers a unique range of housing options catering to diverse needs and preferences.

Cost of Housing in Pune

Before buying a new house in any part of India, there are a few things you should keep in mind, particularly in a city like Pune where housing costs can vary greatly depending on several criteria such as neighborhood,different types of house style, kind of lodging, size of property, and facilities available.

For 1 BHK rental apartments, you might find one-bedroom apartments for around INR 10,000 to INR 20,000 per month. Similarly, the rent for a two-bedroom apartment can range from INR 15,000 to INR 30,000+. For luxury apartments, the rent can range from INR 40,000 to several lakhs per month. The cost of renting an independent house can vary widely based on location and size. You might find houses for around INR 20,000 to INR 40,000 per month. If you’re considering renting a villa with additional space and amenities, the rent can range from INR 40,000 to lakhs of rupees per month.

Some Famous Areas rent and property prices in Pune:2023 

Buying a home needs more finance and budgeting and guidance. For finance, a Home Loan is the one and only best option. But finding which bank offers the best rates of interest is a little wider research. So, we are here for our best bank network which offers the best and affordable interest rates.

Cost of Housing in Bangalore

Luxury apartments in Bangalore present a range of housing costs, with variations influenced by factors like neighborhood, accommodation type, property size, and available amenities. To make informed decisions about investments, potential buyers can delve into the khatian number for property details, offering valuable insights into the legal aspects and ownership of the property.

One-bedroom apartments in more affordable areas might range between INR 10,000 and INR 25,000 per month. Similarly, the rent for a two-bedroom apartment can range from INR 15,000 to INR 40,000+, including extra transferring fees for properties in any state of India as per the laws of the country. To less expensive areas and upwards in prominent neighborhoods. Luxury or high-end properties with modern amenities might have monthly rents ranging from INR 40,000 to several lakhs. The monthly rent for an individual residence ranges between INR 20,000 and INR 50,000. The monthly rent for a villa can range from INR 50,000 to millions of rupees.

Rent and Property Prices in Bangalore: 2023 

Electric Charges in Pune vs Bangalore

When it comes to electricity charges, cities like Pune and Bangalore often draw attention due to their vibrant urban environments and growing populations.

Electric Charges in Pune

Electric Charges in Bangalore

Food cost in Pune vs Bangalore

When comparing the cost of food between Pune and Bangalore, one can observe notable differences in pricing and culinary experiences. Both cities offer a diverse range of cuisines, from traditional Indian dishes to international fare. 

Food cost in Pune

Pune is the proper Maharashtrian city where you can get Maharashtrian food and taste easily. Even compared to other cities Pune is a little budget-friendly for the food. The average vegetarian meal cost is ₹ 60 and non-vegetarian meals are ₹75. The famous dishes of Pune are Sev and Farzan, Puneri food, Pithla Bhakri, Bhakarwadi, Mastani, Dabeli, Poha, and all the spicy dishes like Pav Bhaji, Misal Pav, etc.

Food cost in Bangalore

The most interesting, famous, and delicious dishes in Bangalore are Uttapam, Rava idli, Mangalore buns, Akki roti, and Biryani for the non Veg lovers. If someone wants the proper homemade food then the cost is around 3000 to 6000 per month, depending on the different tiffine service and your need.

Transportation and Infrastructure in Pune vs Bangalore

Transportation and infrastructure play a pivotal role in defining the urban experience, and when comparing two dynamic Indian cities like Pune and Bangalore, distinct characteristics emerge. 

Transportation and Infrastructure in Pune

Pune is a Tier 1 city in Maharashtra with the best amenities and facilities. Pune boasts a developing transportation and infrastructure network that caters to its growing population and urban demands. The city offers a mix of options, including a well-connected road network, public buses, and an expanding metro system, enhancing intra-city mobility.

Additionally, Pune has made strides in infrastructure development, with modern commercial complexes, educational institutions, and healthcare facilities contributing to its urban landscape. The city’s ongoing efforts to improve transportation and infrastructure reflect its commitment to accommodating the needs of its residents and fostering sustainable growth. The average cost of public transportation is around ₹40 per day/person.

Transportation and Infrastructure in Bangalore

As we know Bangalore has many luxurious apartments with top amenities and facilities. Transportation and infrastructure in Bangalore, India’s bustling tech hub, reflect the city’s dynamic growth. The city boasts an extensive road network and a rapidly expanding metro system that eases traffic congestion and enhances connectivity. Namma Metro, the city’s modern subway, continues to expand its routes, providing efficient travel options.

Additionally, Bangalore’s bus network is well-established, catering to diverse routes. The Kempegowda International Airport serves as a major aviation hub, connecting the city globally. Despite these advancements, the city faces challenges of traffic congestion and road infrastructure development to keep pace with its ever-evolving urban landscape. The average cost of public transportation in Bangalore is between ₹10 and ₹60 per day/person.

Fuel expenses in Pune vs Bangalore

When it comes to comparing fuel expenses in Pune and Bangalore, several factors come into play. These two dynamic Indian cities differ in terms of traffic conditions, fuel prices, and the overall distance commuters have to cover on a daily basis.

Fuel expenses in Pune

Currently, Petrol costs ₹106.30 per litre. in Pune. CNG costs ₹88 per kg.

Fuel expenses in Bangalore

Currently, Petrol costs ₹101.94 per liter in Bangalore. CNG costs 82.50 per kg in Bangalore.

Women’s Rights and Safety in Pune vs. Bangalore

Pune and Bangalore are both the smart cities in India, which give the safest and most attractive lifestyle. Pune is often considered a relatively safer city compared to many others in India. The city has a reputation for being more progressive and having a better gender ratio. Educational institutions, including various universities, contribute to a more cosmopolitan atmosphere.

Bangalore, often referred to as the “Silicon Valley of India,” is known for its tech industry, educational institutions, and cultural diversity. The city offers more opportunities for women’s empowerment and education due to its strong economy and educational landscape.

Career opportunities in Pune vs. Bangalore

Both Pune and Bangalore are major cities in India known for their vibrant job markets, particularly in the IT and tech sectors. However, the specifics of career opportunities can vary based on industries, companies, and economic trends. 

Pune has a major job in IT and Tech, Automobile and Manufacturing, Education and Research, Pharmaceuticals, and Healthcare sectors as compared to other sectors.

Bangalore has a big hub of IT and Tech, Biotechnology and Research, E-commerce and Startups, Aerospace and Aviation, Finance and Consulting, and the Education and Learning sector.

If you are looking for a new project in Bangalore to buy your dream house, then we are here to help you. You can contact our property experts for searching home.

Climate: Pune vs. Bangalore

Both Pune and Bangalore have distinct climate characteristics due to their geographical locations. Pune is located at a higher elevation in the western part of India. It has a moderate climate with distinct seasons. Summers in Pune are relatively mild compared to other parts of India. Pune experiences a monsoon season with moderate to heavy rainfall. After the monsoon, the weather starts becoming cooler and more pleasant and winters in Pune are cool and relatively dry.

Bangalore, located in the southern part of India, has a more moderate and consistent climate due to its elevation. Summers in Bangalore are relatively mild compared to many other Indian cities. Bangalore experiences a monsoon season with moderate to heavy rainfall. Similar to Pune, Bangalore experiences a pleasant period after the monsoon. Winters in Bangalore are mild, with temperatures ranging from around 12°C to 28°C.

Water Availability: Pune vs. Bangalore

Both Pune and Bangalore are the best cities to live and work in India but still face challenges related to water availability and management, which can vary based on factors such as rainfall, water sources, population growth, and urban development. 

Water Availability in Pune

Pune receives a significant amount of rainfall during the monsoon season, which usually spans from June to September. The city is situated near the Western Ghats, which contributes to the region’s water resources. There are several dams and reservoirs in the vicinity that help in water storage and supply. However, Pune has also faced water scarcity issues, especially during dry spells and in areas with inadequate infrastructure.

Water Availability in Bangalore

Bangalore, on the other hand, has faced more severe challenges regarding water availability. The city’s rapid growth, urbanization, and increasing population have put immense pressure on its water resources. The local lakes and reservoirs have been adversely affected by pollution, encroachment, and reduced recharge due to urban development. Bangalore’s dependence on external sources for water supply has led to issues of water scarcity during certain periods, particularly in areas that rely heavily on tankers for water distribution. 

Pune vs. Bangalore: Explore your Dream Location 

Choosing between Pune and Bangalore for your new home involves a careful assessment of your priorities, career prospects, and financial considerations. Pune offers a more affordable housing market and a somewhat relaxed pace of life, making it an attractive choice for those seeking a balance between work and leisure. 
On the other hand, Bangalore’s robust job market, cosmopolitan lifestyle, and vibrant social scene can be appealing to those looking for rapid career growth and diverse experiences. You can get the idea from the Bangalore cost of living go-to guide for a better understanding of Bangalore. Ultimately, the decision should align with your circumstances, aspirations, and financial situation. Both cities have their unique charm and opportunities, so take the time to weigh the pros and cons before making your move.