Cost of Living in Bangalore for Students: A Comprehensive Guide
The cost of living in Bangalore as a student can vary significantly based on personal choices and lifestyle habits. This comprehensive guide breaks down the typical monthly expenses you might encounter, helping you plan and manage your financials effectively.
Accommodation
Choosing where to live can make a significant impact on your budget. Here are the average monthly costs for different types of accommodations:
Hostels:
- Moderate - 5000 - 15000 INR
Shared Apartments:
- Budget - 8000 - 20000 INR per person
Single Apartments:
- Comfortable - 15000 - 30000 INR per person
Food
Eating out, groceries, and dining at the college canteen are all considerations when calculating your monthly food expenses:
Eating Out Inexpensive Restaurant:
- 100 - 300 INR per meal
Monthly Grocery Bill:
- 2000 - 4000 INR
Dining at College Canteens:
- 2000 - 3000 INR
Transportation
From public transport to private vehicles, your transportation costs can vary. Here’s a breakdown:
Public Transport (Buses, Metro):
- 1000 - 2000 INR
Auto-rickshaw Rides:
- 20 - 50 INR per ride
Bike Rentals:
- 2000 - 4000 INR
Study Materials
The essential items you need for your studies:
Books and Supplies:
- 1000 - 3000 INR
Utilities
Covering essential services like electricity, water, and internet:
Electricity, Water, Internet:
- 1500 - 3000 INR
Miscellaneous
Entertainment, including movies and outings, and mobile phone bills:
Entertainment (Movies, Outings):
- 1000 - 3000 INR
Mobile Phone Bill:
- 500 - 1000 INR
Estimated Total Monthly Expenses
Based on the provided information, here are the estimated total monthly expenses for different lifestyle budgets:
Budget Lifestyle:
- 15000 - 25000 INR
Comfortable Lifestyle:
- 25000 - 40000 INR
Note: These figures are approximate and can vary based on personal choices and specific locations within Bangalore. Bigger cities like Bangalore tend to have higher costs compared to other cities in India by about 30%.
It’s advisable to budget accordingly and explore various options for accommodation and food to manage costs effectively. By understanding these expenses, you can better plan your finances as a student in Bangalore, ensuring you have enough for essential expenses and even some savings.