Cost of living in Erode
Erode, a vibrant city in India, offers a unique blend of cultural heritage and modern living. Understanding the cost of living here is crucial for both residents and newcomers.
This guide provides a detailed breakdown of expenses in Erode, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $1.78 on average, with a range between $1.18 and $2.96.
- 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 $94.69.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $3.6, with a range between $3.55 and $5.92.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $0.86 to $3.55, imported beer $2.37 to $5.92, cappuccino $0.85 to $2.96, and Coke/Pepsi $0.36 to $1.18.
Grocery Prices
- Milk - Milk is priced between $0.47 and $0.71 per liter, averaging $0.56.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.33 and $0.59, with an average price of $0.44.
- Eggs (Dozen) - A dozen eggs range from $0.6 to $0.97, averaging $0.72.
- Fruits (e.g., Apples, Oranges) - Apples cost $0.59 to $3.55 per kg, while oranges range from $1.07 to $3.55 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.36 and $0.95 per kg, and lettuce costs $0.12 to $1.18 per head.
Transportation
- Public Transport (Monthly Pass) - A monthly pass for local transport costs around $11.84.
- Fuel (Gasoline) - Gasoline is priced between $1.19 and $1.27 per liter.
- Taxi Fares - Taxi fares start at $0.59, with a cost of $0.14 to $0.71 per km and $1.21 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 $118.36 to $177.54, averaging $147.95.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $88.77 to $112.44, averaging $100.6.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $295.89.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $236.72.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $764.4.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $254.8.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $23.67 and $47.34, averaging $25.66.
- Internet - Internet services range from $3.42 to $23.67, with an average cost of $6.47.
Cost of Living Rankings
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
Markets
Markets
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"
Erode offers a relatively low cost of living compared to many urban areas, making it an attractive option for those seeking affordability.
Dining out is particularly inexpensive, with a wide range of options available to suit different budgets.
Housing costs are modest, especially outside the city centre, providing affordable living spaces for families and individuals.
Transportation and utilities are also reasonably priced, contributing to the overall affordability of living in Erode.
Conclusion
In conclusion, Erode presents a cost-effective living environment with affordable housing, dining, and transportation options.
This makes it an appealing choice for both locals and expatriates looking for a balanced lifestyle without the high costs associated with larger cities.