Cost of living in Hardoi
Hardoi, a city in India, offers a unique blend of cultural heritage and modern living. Understanding the cost of living here is crucial for anyone planning to move or invest in the area.
This guide provides a detailed breakdown of expenses in Hardoi, covering essential categories such as clothing, salaries, and financing options.
Cost of Living Summary
Clothing and Shoes
- Jeans (Levis 501 or Similar) - A pair of jeans costs around $29.6 on average.
- Summer Dress (Chain Store) - A summer dress from a chain store like Zara or H&M averages $35.52.
- Nike Running Shoes (Mid-Range) - A pair of mid-range Nike running shoes is priced at approximately $44.99.
- Men's Leather Business Shoes - Men's leather business shoes cost about $47.35 on average.
Salaries and Financing
- Average Monthly Net Salary (After Tax) - The average monthly net salary in Hardoi is $331.48.
- Mortgage Interest Rate (Yearly, Fixed-Rate) - The mortgage interest rate for a 20-year fixed-rate loan is approximately 8.65%.
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
Clothing And Shoes
Clothing And Shoes
Salaries And Financing
Salaries And Financing
"Key Takeaways"
Hardoi offers affordable clothing options with competitive prices for popular brands.
The average salary in Hardoi is modest, which reflects the overall cost of living in the city.
Mortgage interest rates are relatively high, which could impact long-term housing investments.
Conclusion
In conclusion, Hardoi presents a cost-effective living environment with affordable clothing and reasonable salary expectations.
Potential residents should consider the higher mortgage rates when planning long-term investments in housing.