Cost of Living in Noida for Bachelors & Family in 2024
The cost of living in Noida has always captivated the interest of builders, property investors, and homeowners due to its well-planned infrastructure and proximity to the national capital area. Noida has also prioritised the abundance of greenery. The extensive and well-kept road network adds to its appeal.
Housing, transportation, and lifestyle choices contribute to the living costs in Noida.
In this article, we will examine the cost of living in Noida by category for bachelors, students, families, and couples. Keep reading for more details.
Table of Contents
What is the Average Cost of Living in Noida?
The average cost of living in Noida varies significantly, While lifestyle, lodgings, and personal requirements mostly influence it. The table below provides more information on the average cost of living in Noida for bachelor's students, couples and families:
Cost of Living in Noida for Bachelors
A bachelor's average cost of living in Noida includes utilities, housing, food, transportation, and entertainment. The table below specifies some of the significant costs:
Cost of Living in Noida for Students
If you are a student in Noida, you need to create a budget for your living expenses. The table below summarises some of the key expenses:
Cost of Living in Noida for a Family
If you have a family with children, the total cost of living in Noida would be around ₹50,000. The table below is the cost breakdown for families residing in Noida in 2024:
Cost of Living in Noida for Couples
Living in Noida as a couple might require you to have at least a monthly earning of ₹40,000- ₹50,000 with or without rent, depending on your lifestyle and other expenses. Learn more about it in the table below:
Factors That Determine the Cost of Living in Noida
There are several factors on which the cost of living in Noida depends. Let us take a look at those factors:
1. Accommodation
The table below shows the price range of renting a living space in Noida:
Furthermore, the approximate cost of purchasing the affordable and luxurious neighbourhoods is indicated in the following table:
2. Transportation
Noida is undoubtedly not the cheapest city. However, it is not the most expensive city as well. Therefore, transport really plays an important role in determining the cost of living in Noida for every individual, so check out the table below for estimated cost:
3. Groceries
For someone living independently, the cost of groceries plays a crucial role in deciding the average cost of living in Noida. A generalised grocery list costs around ₹2,000 to ₹7,000 every month for a single person:
4. Utilities
Depending on the place you stay, utility cost starts from ₹1,100 and goes up to ₹3,700 per month. An approximate ₹2,000 is the cost for heating, electricity, cooling, garbage and water every month:
5. Entertainment
After a hectic day, everyone needs to 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 Noida also depends on childcare. Individuals can also hire a nanny at ₹8,000 – ₹12,000 per month.
Tips on Reducing the Cost of Living in Noida
Here are some tips to help you reduce your cost of living in Noida:
- Consider shared accommodation to split the costs of your rent.
- Use energy-efficient appliances and switch off devices when not in use.
- Use public transport like the metro or buses instead of cabs or personal vehicles to save money.
- Buy groceries in bulk and take advantage of discounts at wholesale stores.
- Cook at home more often and limit dining out.
- Opt for free outdoor exercise options like jogging in parks instead of gym memberships.
Cost of Living in Noida vs Other Metro Cities
Noida has a more affordable cost of living than Delhi but is similar to Faridabad and Jaipur. Accommodation and transport are less costly in Noida, but utilities and consumables are decently priced. Delhi has the highest overall prices, while Noida is the most affordable of the four cities.
Check out the table below for more details:
Important Things to Know Before Moving to Noida
Moving to Noida, a dynamic city in India's National Capital Region (NCR), comes with a set of unique considerations. Here are some essential things to keep in mind before making the move:
Cost of Living
Noida generally offers a more affordable cost of living than central Delhi, though expenses can vary significantly depending on the area in which you live.
Transportation and Connectivity
Noida boasts a well-developed public transportation system, including the Delhi Metro Blue Line, buses, and auto rickshaws, which makes commuting relatively convenient. However, traffic congestion can be an issue during peak hours, so it’s advisable to plan your travel accordingly.
Safety and Security
While Noida is generally safe, some areas have higher crime rates. It’s wise to research neighbourhoods and opt for secure localities. Choosing gated communities and housing societies with security guards are great and provides an added layer of safety.
Education and Healthcare
Noida offers various educational institutions, including international schools, colleges, and universities. The city is also well-equipped with numerous healthcare facilities, from government hospitals to private clinics and multi-speciality hospitals.
Employment Opportunities
Noida is a hub for IT, BPO, manufacturing, media, and other industries, providing ample job opportunities. Many multinational companies and startups have established offices here, making it a good place for job seekers.
Real Estate
Noida has a diverse real estate market, offering options from affordable apartments to luxurious villas. It is important to be cautious of potential real estate fraud and to verify property documents carefully.
Pollution
Air quality can be a significant concern, particularly in winter, due to smog and crop burning in neighbouring states. It’s recommended that you invest in air purifiers and monitor air quality index levels regularly.
This is the primary cost of living in Noida for families, bachelors, or couples. Check out the detailed tables above to prepare for all the expenses in the city.
