Monthly Expense of a Family of 5 in Chennai Inr
Chennai is one of the affordable big cities to alive in India, depending upon the type of household and number of people in the family. The toll of living in Chennai for bachelors, couples and families mainly differ, considering of the type and size of housing and other lifestyle choices. Nosotros have compiled a list of detailed expenses for unlike types of lifestyle, family sizes and household types.
Cost of living in Chennai
Here is a detailed listing of expenditure that you take to incur, on various things such as eating out, local transportation, fruits and vegetables, utility bills and home buying price.
| Type of expense | Average cost |
| Meal for 2, in an boilerplate eatery | Rs one,000 |
| Monthly pass for local transport | Rs 1,000 |
| Taxi fare (per km) | Rs 100 (Rs xv for 2 kms onwards) |
| Car fuel | Rs 77 per litre |
| Electricity pecker (basic utility- electricity, cooling and heating) for an 850-sq ft apartment | Rs 2,500 |
| Broadband (average speed lx MBPS) | Rs 800 |
| Monthly gym membership | Rs one,300 |
| Monthly school fee (master) | Rs 2,500 – Rs 8,000 |
| Rent for 1BHK | Rs eight,000 – Rs 12,000 per month |
| Cost of 1BHK | Rs twoscore lakhs – Rs 50 lakhs |
| Fruits (1kg) | Rs 150 |
| Vegetables (Spud, onion, lettuce) | Rs 110 |
Source: Numbeo
Price of living for bachelors
Accommodation: Single occupants tin opt for co-living or paying guest / PG accommodations in Chennai most their function, to save on transportation cost. Almost of the dwelling options come up with meal facility and its charges are included in the rent. Moreover, such accommodations may also offering facilities such equally Wi-Fi, housekeeping and utility charges, etc. This may cost yous Rs v,000 – Rs 8,000, depending upon the locality. If yous are going to live in a shared unit with your friends, you have to beat out out a little actress, not just for the rent merely likewise for the expenses that is otherwise covered in a co-living unit. This may toll you lot Rs 2,000 more than than the sometime option.
Lifestyle price: As a available, you lot would need to spend only on your needs and requirements when information technology comes to clothing and going out. Depending upon how ofttimes yous go out, you lot may accept to shell out Rs 700 – Rs ane,000 extra on each trip, if it includes eating out and a moving-picture show.
Toll of living for couples
Home ownership: A 1BHK for rent in Chennai, on an average, costs Rs viii,000 – Rs 12,000 per month, depending upon the locality and blazon of facilities available in the household. A slightly bigger apartment will be available at an average rent of Rs 11,000 – Rs 14,000 per month, depending upon the type and furnishing bachelor inside the property. If yous are planning to buy a property in one of the posh areas in Chennai, you will have to shell out around Rs 1.five crores – Rs 3 crores for a 3BHK flat. In an average locality, the cost will exist Rs lxx lakhs – Rs one crore for a 3BHK flat. The average property prices in Chennai is Rs 6,116 per sq ft.
Transportation cost: You tin can save a lot if yous program to stay almost your office. However, if yous plan to use your own vehicle for commuting, you may need to shell out Rs v,000 – Rs half-dozen,000 per month for car fuel and maintenance. If you lot use public transportation, you lot would have to spend at least Rs i,000 per month, depending upon the comfort you choose.
Lifestyle cost: For couples, there might exist different kind of household costs that you take conduct, which volition include some basic, mandatory expenses such as utility bills, gym membership, grocery shopping, etc. This can price you around Rs 8,000 – Rs 10,000 per month, depending upon your personal choice and usage. Other costs volition be shopping expenses, going out, etc.
Toll of living for families
Home ownership: A 2BHK for rent in Chennai, for a family of three, on an average will range around Rs 12,000 – Rs 15,000 per month, which may depend upon the housing guild, locality and quality of housing option. If you are ownership a holding for sale in Chennai, the cost of living may include usual EMI which will depend on prevalent involvement rates along with monthly maintenance charges of the housing gild. A 3BHK apartment cost in Chennai varies according to locality type and housing guild. In an expensive area like Adyar, the property prices are Rs 14,751 per sq ft while in T Nagar, the prices are around Rs xv,137 per sq ft.
Other costs: For a family unit living in Chennai, the cost of living will include schoolhouse fees of children, cook/maid'south bacon, belongings tax, shopping expenses, meals, going out, groceries, etc. This could toll you lot around Rs xv,000 – Rs 20,000 per month, depending upon the number of people in the family. The transportation toll of each individual can be effectually Rs 1,000 – Rs 2,000 per month, depending upon the total distance travelled.
| Configuration | Boilerplate rent | Boilerplate capital values (buy price) of belongings |
| 1BHK | Rs 8,000 | Rs 40 lakhs |
| 2BHK | Rs 12,000 | Rs 55 lakhs |
| 3BHK | Rs 15,000 | Rs eighty lakhs |
Source: Housing.com
FAQs
What salary is needed to alive comfortably in Chennai?
For a comfy living, the salary should be effectually Rs 30,000 - Rs 50,000 per month.
Is Chennai cheaper than Bangalore?
Chennai is merely slightly more than affordable than Bengaluru, considering of transportation cost and real estate prices.
Is Chennai an expensive city?
Chennai is not an expensive city. Yous go everything here in all possible price ranges.
Which is the richest area in Chennai?
Boat Order and Poes Garden are some of the most expensive areas in Chennai.
Source: https://housing.com/news/cost-of-living-in-chennai/
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