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Cost of Living in Lucknow with Detailed List of Expenses

Admin 02 Nov 2022 217 Views
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Lucknow is the capital of Uttar Pradesh, India's fourth-largest state in terms of land area. 

The city has a diverse population that thrived under various dynasties that ruled the country at various times. Because of its heritage, culture, art, music, and food, Lucknow is regarded as a culturally rich city. Lucknow is well-known for its beautiful embroidery work known as Chikankari. Lucknow is one of the best Tier 2 cities to live in, with several posh areas to live in Lucknow

Rapid infrastructure development is underway as one of the country's smart cities. Because the cost of living in Lucknow is lower than in many tier-I cities in India, it has emerged as an aspirational city for professionals, students, and families to settle. There are a lot of properties where you can buy or rent a home, and Many places offer to buy houses/flats in Lucknow. With many rental properties in Lucknow, one can only imagine which to choose for the top-most benefit. Let us investigate the factors that influence the cost of living in Lucknow.


Factors Influencing Living Expenses in Lucknow

It is important to gather information before making any decisions. 

The following factors should be considered when determining the cost of living in Lucknow:

 

● Current employment and prospects

● Whether you are a family member, a student, or a bachelor/spinster,

● What is your current employment situation?

● The lifestyle decisions that you make

● Transportation and commuting options

● Rent

● Residential property prices

● household costs

● Overhead costs

● Food

● Child care, for example. 

Basic Information on Cost of living in Lucknow

EXPENSES

 

AVERAGE COST

Rent of 1BHK apartment

Rs 10,000/month

 

 

Rent of 2BHK apartment

Rs 15,500/month

 

Electric bill 

Rs 2,500/month

Local transport

Rs 5,000

 

Taxi

Rs 150/8 km

 

Fuel

Rs 95/litre

 

Internet connection

Rs 650/month

 

 

1. Cost of Living in Lucknow for Students

The cost of living in Lucknow for students can be segmented as follows:

EXPENSES

 

AVERAGE COSE

Rent

Rs 4,000 onwards

Household expenses

Rs 5,000 onwards

Internet, Electricity

Rs 1,400 onwards

 

Local transport

Rs 1,500 onwards

Lifestyle expenses

Rs 750 onwards

 


2. Cost of Living in Lucknow for Families

The Cost of living in Lucknow for families depends on:

Expenses                

        

 

Average cost

 

Rent of 2BHK

Rs 15,500 onwards

 

Household expenses

Rs 8,000 onwards

 

Local transport

Rs 1,500 per person

 

Internet, Electricity

Rs 1,400 onwards

Lifestyle expenses

Rs 750 per person

 

Fuel

 

Rs 2,500 per person

 

Overhead expenses

Rs 8,000 onwards

 

Childcare

Rs 6,000 onwards


3. Cost of Living in Lucknow for Bachelors/Spinsters

The following factors will determine the Cost of living in Lucknow for bachelors:

Expenses    

        

Average cost

 

Rent of Rental properties in Lucknow

Rs 8,000 onwards

Local transport

Rs 1,500 onwards

 

Household expenses

Rs 6,000 onwards

Lifestyle expenses

Rs 750 onwards

 

Fuel

Rs 2,500 onwards

Overhead expenses

Rs 2,000 onwards

Lifestyle & entertainment

Rs 800 onwards

Internet, Electricity

Rs 1,400 onwards

        

 

4. Cost of living in Lucknow for Working Couples

The cost of living for working couples in Lucknow can be segregated as follows:

Expenses

 

Average cost

 

Rent of a big 1BHK

Rs 11,000 onwards

Household expenses

Rs 7,000 onwards

Internet, Electricity

Rs 1,400 onwards

Lifestyle expenses

Rs 750 per person

 

Fuel

        Rs 4,500 onwards

Lifestyle & entertainment

Rs 1,000 per person

Overhead expenses

Rs 4,000 onwards

Local transport

Rs 1,500 per person 

Related Article Stamp Duty and Registration Charges in Lucknow

Best Areas to Live in Lucknow for Living
1.Indira Nagar

Indira Nagar is a well-known affluent neighbourhood in Lucknow.

The neighbourhood is regarded as the preeminent residential colony, with close proximity to areas such as Hajratganj, Kalyanpur, and Gomti Nagar, among others.

Indira Nagar is home to several academic institutions, including Delhi Public School, Central Academy School, United World School, and others, as well as several multispecialty hospitals, including CNS Hospital, Asheerwad Hospital, and Shekhar Hospital.

 

Locality

Asset Class

 

(Rates as of Jan’22)

Property Price (avg price per square feet)

 

         Sale

 

   Rent

Indira Nagar

Multistorey Apartment

 

       4,350

 

   13

 

Residential House

      4,451

  9


2. Hazratganj

 

Hazratganj is a key commercial hub and one of Lucknow's historically distinguished posh areas. It also has several well-furnished flats and apartments. This heritage neighbourhood with colonial architecture is home to several prestigious colleges and schools, including St. Francis College, Christ Church College, Cathedral School of Lucknow, Fun N Learn School, and others.

 

Hazratganj has a Victorian-style market area with showrooms, restaurants, shopping malls, cafes, and offices. Fine chikankari material can be found in these market streets. A section of the Hazratganj market also houses one of India's largest IT or computer parts markets. Sahara Ganj Mall, Miniso, Oberon, and other malls can be found in the Hazratganj area.

 

Locality

Asset Class

 

(Rates as of Jan’22)

Property Price (avg price per square feet)

 

         Sale

 

   Rent

Hazratganj

 

 

Multistorey Apartment

 

5,239

 

 

15

 

3. Gomti Nagar Extension

Gomti Nagar Extension is a neighbourhood on the banks of the Gomti River. It is considered one of Lucknow's most modern and upscale neighbourhoods. This is one of the best-planned residential areas in the area. It is home to a variety of high-end commercial properties as well as residential options such as well-built bungalows and multi-story apartments with opulent interiors and exteriors.

The neighbourhood has well-maintained roads and metro service. Gomti Nagar is also home to several world-class shopping malls, including Singapore Mall, Fun Republic Mall, Wave Mall, and City Mall. It is home to a number of educational institutions, including St. John Bosco College, Lucknow Public College, St. Mary's Inter College, and others.

 

Locality

Asset Class

 

(Rates as of Jan’22)

Property Price (avg price per square feet)

 

         Sale

 

   Rent

 

 

Gomti Nagar

 

Multistorey Apartment

 

 

4,801

 

 

12

 

 

Residential House

 

3,962

 

9

 

FAQ's
1. What are the best places to live in Lucknow?

Jankipuram, Mahanagar, Ashiyana Colony, Alambagh, Sultanpur Road, and other residential areas in Lucknow are ideal for families.

 

2. Is Lucknow cheap for Living in?

According to an IMRB International survey, Lucknow is India's "second-happiest" city. Even with a low income, you can easily live comfortably in this city.

 

3. Where should I live in Lucknow with my family?

There are several amazing places to live in Lucknow, but the best ones are Sushant Golf City, Gomti Nagar, Indira Nagar, and Sultanpur.

 

4. Is Lucknow an excellent place to live?

Yes, Lucknow is regarded as a good location because it combines a small town's convenience with a large city's advantages.


About Author

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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.

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.