Cost of Living in Kolkata: Detailed List Expenses of 2023

Cost of Living in Kolkata: Detailed List of Living Expenses

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Admin 26 Apr 2024 15,161 Views

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Introduction:

Kolkata is the capital of West Bengal and is known as the "City of Joy". The city is known for its rich culture, delicious food, and friendly people. Kolkata is also a very affordable city to live in. The cost of living in Kolkata is very low compared to other Indian cities.

Prices in Kolkata are very affordable, and there are many options for food and entertainment that are very reasonably priced. The cost of beer in Kolkata can be affected by several factors, such as the type of beer, the brand, and the establishment's location. In general, however, the price of beer in Kolkata is quite reasonable.

If you are looking for an affordable place to live in India, then Kolkata is your city.

Why is Kolkata a great place to live in?

Lifestyle:

Kolkata is a city of culture and entertainment, with plenty of restaurants and bars to enjoy the nightlife. The city is also known for its cultural heritage, with many museums and art galleries. Kolkata hosts some great festivals, including Durga Puja, Eid-Milad-un-Nabi, and Diwali. The city has many parks and gardens, where you can take a stroll after a long day of sightseeing.

Property costs:

The properties in Kolkata are quite reasonable compared to other Indian metros. The city has various property options available at different price points. The real estate market in Kolkata is quite stable, with rates remaining constant over the past few years.

Rental houses in Kolkata are also quite affordable, with a 1BHK apartment costing, on average, around INR 10,000 per month. For those looking to purchase property in Kolkata, the average price of a 1BHK apartment is around INR 5 lakhs.

Educational Cost:

The cost of education in Kolkata varies depending on the type of school and the course of study. For example, engineering and medical courses are generally more expensive than arts and commerce courses. Government-run schools are relatively cheaper than private schools. However, they often lack the infrastructure and facilities that private schools offer.

Food expenses:

One of the top foodie destinations, the city offers a variety of must-try eateries. In addition to a mouth-watering culture of street cuisine. Kolkata offers a filling lunch with typical diet components for only Rs 25 each meal. Due to the dominance of Indian food in this area, the restaurants in Kolkata provide a variety of cuisines. You can sample a variety of meat, seafood, and vegetarian cuisine.

Transporting expenses:

Transport in Kolkata is not a problem. The city is well-connected with the rest of India and offers a variety of modes of transport. Public transport is cheap and efficient, but you may take your own car or motorcycle if you wish to travel around faster than buses can.

Utility expenses:

Utility expenses include electricity, water, and telephone. One of the Indian cities with a strong city telephone network is Kolkata. The local tariff for the mobile link's prepaid minute is Rs. 0.75p. The city is connected to a wide-area network for broadband Internet. It will cost Rs. 600 per month for an unlimited data cable or ADSL connection with a minimum speed of 60 Mbps. Basic services, including power, heating, cooling, and water, cost between Rs. 1000 and Rs. 2000 monthly for average-sized apartments.

Cost of living in Kolkata for bachelors/spinsters

Any bachelor or spinster can find affordable 1BHK apartments in various parts of the city. In Kolkata, 1BHK apartments typically rent for roughly Rs 8,000. The rent for 2BHK apartments with a shared living arrangement will be close to Rs 12,000 per month.

The price of maintenance for the home will be Rs 5,000. This will cover Internet, housekeeping, power, and maintenance payments. They will need to spend Rs 500 on transportation to use the metro train system and other public transportation.

Cost of living in Kolkata for working couples

Couples can rent either a 1,2 or a 3-bedroom flat in Kolkata, and the monthly rent would be around Rs 10,000. Additionally, the budget takes lifestyle and transportation costs into account. The average cost of living in Kolkata for a working couple would be roughly Rs 25,000 when all factors are considered.

Cost of living in Kolkata for families

The expenses may be higher for people who live in Kolkata with families. If you have kids, the overall cost of living in Kolkata will depend on rent, food, childcare, transportation, etc. In Kolkata, a family's basic needs will cost about Rs 40,000. In Kolkata, several 1BHK and 2BHK, 3BHK flats are available for rent or purchase.

Best Places to Live in Kolkata

Kolkata is also one of the economic cities in the country where the cost of living is highly affordable. You’ll also be free from transportation problems as you can use the rickshaws, railway lines, and buses for quick connectivity with all parts of the city. These are some strong points that make Kolkata a preferable residential area for the increasing population.

Once you have confirmed the moving date, it’s important to properly know about the new locality so that you can beware of everyday complications and avoid future safety issues. People may be confused or scared while choosing a suitable residential area to move to and become worried if they make the wrong decision. These are the 5 Best Places to Live in Kolkata

● Tollygunge

● Bhawanipur

● Park Street

● Salt Lake.

● Jadavpur

FAQ's

● How much does it cost to live in Kolkata per month?

In Kolkata, the cost of living is roughly 10,000 to 40,000 per month.

● Is Kolkata expensive to live in?

Considering the average monthly salary of 60,000 rupees, Kolkata does not appear to be a costly place to live.

● What is the average rent in Kolkata?

On average, a one-bedroom flat costs Rs.12,000 per month in the centre of Kolkata.

● What salary is needed to live comfortably in Kolkata?

Normally, an employee in Kolkata makes roughly 60,000 per month.

About Author

Jatin Dubey

An enthusiastic content writer who is a law graduate and has been working as Real Estate Consultant for around 9 years.
He has worked with top Real Estate Agencies and Builders in Delhi, Bangalore and Pune. His skills to perform market analysis and explore high potential localities has helped many clients in the past.

Cost of Living in Kolkata: Detailed List of Living Expenses

Introduction:

Why is Kolkata a great place to live in?

Lifestyle:

Property costs:

Educational Cost:

Food expenses:

Transporting expenses:

Utility expenses: