Cost of living in Coimbatore
Coimbatore, a bustling city in southern India, is known for its textile industry, educational institutions, and pleasant climate. Understanding the cost of living in Coimbatore is crucial for anyone planning to move or invest in the city.
This guide provides a detailed breakdown of expenses, including housing, dining, transportation, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $1.18 on average, with a range between $0.95 and $2.37.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $11.84, with prices ranging from $5.92 to $23.68.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $4.14, with a range between $3.55 and $5.33.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.18 to $2.37, imported beer $1.89 to $5.68, cappuccino $0.95 to $2.37, and Coke/Pepsi $0.3 to $0.71.
Grocery Prices
- Milk - Milk is priced between $0.5 and $0.77 per liter, averaging $0.64.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.3 and $0.59, with an average price of $0.47.
- Eggs (Dozen) - A dozen eggs range from $0.71 to $0.92, averaging $0.85.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.42 to $3.55 per kg, while oranges range from $0.59 to $2.96 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.24 and $0.71 per kg, and lettuce costs $0.12 to $0.95 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $0.18 and $0.36, with a monthly pass priced between $7.1 and $17.76.
- Fuel (Gasoline) - Gasoline is priced between $1.21 and $1.24 per liter.
- Taxi Fares - Taxi fares start at $0.71, with a cost of $0.21 to $0.59 per km and $0.71 to $2.37 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $94.71 to $236.77, averaging $143.4.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $59.19 to $177.58, averaging $95.08.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $236.77 to $532.74, averaging $325.49.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $177.58 to $414.35, averaging $212.25.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $764.58 to $1529.15, averaging $1131.79.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $382.29 to $947.09, averaging $522.46.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $17.76 and $82.87, averaging $27.52.
- Internet - Internet services range from $7.1 to $11.84, with an average cost of $8.96.
Cost of Living Rankings
Coimbatore ranks 20th on the Cost of Living rankings in India. The cost of living indices for India are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in India, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
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Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Buy Apartment Price
Buy Apartment Price
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Coimbatore offers a relatively low cost of living compared to many other cities, making it an attractive option for both residents and investors.
Affordable dining and grocery prices contribute to the city's appeal, while housing costs remain manageable, especially outside the city centre.
Transportation is inexpensive, with affordable public transport and fuel prices, although car ownership costs can be significant.
Conclusion
In conclusion, Coimbatore presents a cost-effective living environment with affordable housing, dining, and transportation options.
The city's economic advantages, combined with its cultural and educational offerings, make it a desirable location for individuals and families alike.
Whether you're planning to move or invest, understanding Coimbatore's cost of living is essential for making informed decisions.