What is the Cost of Living in Gurgaon in 2024?
Gurgaon is a massive technological hub located in the Indian state of Haryana. The majority of Gurgaon consists of luxurious malls, residential complexes, and a skyscraper-dotted skyline. As a centre for technology and emerging companies, Gurgaon is rapidly attracting students, graduates, and working people.
If you are looking to move to this city, this article can help you understand the cost of living in Gurgaon.
Table of Contents
What is the Average Cost of Living in Gurgaon?
The average cost of living in Gurgaon varies widely but typically depends on lifestyle, accommodation, and personal expenses.
Check out the following table to learn more about Gurgaon's average cost of living for bachelors, students, and families:
Cost of Living in Gurgaon for Bachelors
The average cost of living for a bachelor in Gurgaon depends on factors like rent, groceries, lifestyle, transportation, and many others. Though the city is a little expensive, budgeting is easy with the given means.
Look at the table below for more details:
Cost of Living in Gurgaon for Students
The cost of living for students in Gurgaon is moderate, and living expenses come between ₹10,000 to ₹20,000, covering accommodation, food, transportation, and miscellaneous costs. The following table highlights some of the key expenses:
Cost of Living in Gurgaon for a Family
The city offers diverse accommodation choices, like PGs, apartments, independent houses, etc. Family expenses include childcare, tuition, and school fees, so an estimate should be amde for families before understanding the cost of living in Gurgaon.
Cost of Living in Gurgaon for Couples
The cost of living for couples in Gurgaon includes expenses for rent, utilities, groceries, transportation, eating out, and leisure activities, making it a moderately affordable city for couples. Know more about it from the table below:
Factors That Determine the Cost of Living in Gurgaon
There are several factors that help to determine the cost of living in Gurgaon. Let us take a look at those factors:
1. Accommodation
A home is where you unwind after a long day, and whether you are a bachelor or you are living with your spouse or family, Gurgaon has excellent properties to offer you. The table below shows the price range of renting a place in Gurgaon.
You can check the approximate cost to buy and rent in various areas in Gurgaon as mentioned in the following table:
2. Transportation
Gurgaon has seen major developments and has improved its standard of living, making it a moderately expensive city to live in. However, it is not a very expensive city to live in. The government runs buses and metros all across the city, making transport quite affordable if availed.
3. Groceries
For someone who is living on their own, the cost of groceries plays a crucial role in deciding the average cost of living in Gurgaon. A generalised grocery list costs around ₹1,000 to ₹6,000 every month for a single person. Go through the table below for more details:
4. Utilities
Depending on the place you stay, utilities cost starts from ₹1,500 and goes up to ₹3,200 per month. An approximate ₹4,000 is the cost for heating, electricity, cooling, garbage and water every month.
5. Entertainment
After a hectic day, everyone needs to relax and unwind. Whether you go to a restaurant for a meal or a bar for a few drinks, it costs money.
6. Childcare
Apart from all the factors, the cost of living in Gurgaon also depends on childcare. Individuals can also hire a nanny at ₹9,000 per month.
Tips on Reducing the Cost of Living in Gurgaon
Following are some easy tips to help you reduce your average cost of living in Gurgaon:
- Students and working bachelors should look out for shared accommodations or PGs, especially in inexpensive areas or locations close to their workplace.
- Use public transport, such as Gurgaon Metropolitan City Bus Limited (GMCBL) buses and metro.
- Try cooking meals at home instead of eating out frequently.
- Shopping from local markets can help you save a large part of your income.
- Track and budget expenses by segmenting them as per your utilities, bills, rent, etc.
Cost of Living in Gurgaon vs Other Metro Cities
The cost of living in Gurgaon is generally lower than in Mumbai but comparable to Delhi and Chennai. Accommodation and transportation are more affordable in Gurgaon, while utilities and groceries are moderately priced.
Check out the table below for more details:
Important Things to Know Before Moving to Gurgaon
Some of the key points mentioned below will aid you further if you shift to Gurgaon.
Job Market and Economy
Gurgaon is a major IT, startup, and technology hub, offering abundant job opportunities. Before moving, make sure to look for proper job prospects and industries prevalent in the city.
Climate and Weather
In Gurgaon, summers can get extremely hot, while in winters, the temperature can drop to single digits. However, be prepared for monsoon rains from June to September, affecting commuting.
Accommodation Options
You can choose from various housing options ranging from apartments, paying guests, and independent houses. Rental prices vary widely depending on location and amenities.
Transportation Challenges
Traffic congestion is a significant issue, especially during peak office hours. Consider living at close proximity to work or school when choosing a neighborhood.
Language and Communication
While Hindi is the most spoken language, most people speak English fluently.
This is the basic cost of living in Gurgaon for a bachelor, couple, or family. Even though the city might feel a little expensive, the job opportunities can help you steer your way into a fruitful career.
You can comfortably move to Gurgaon with a specific budget and mindful spending.
