Cost of living in Karnataka
Karnataka, a vibrant state in southern India, is known for its rich cultural heritage and booming tech industry. Understanding the cost of living here is crucial for anyone planning to move or invest in the region.
This guide provides a detailed breakdown of the expenses you can expect, from dining and groceries to transportation and housing, helping 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 $7.11, with prices ranging from $5.92 to $23.69.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $3.55, with a range between $3.55 and $8.29.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.18 to $3.55, imported beer $1.78 to $4.74, cappuccino $0.47 to $2.13, and Coke/Pepsi $0.36 to $1.01.
Grocery Prices
- Milk - Milk is priced between $0.3 and $0.59 per liter, averaging $0.41.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.26 and $0.59, with an average price of $0.38.
- Eggs (Dozen) - A dozen eggs range from $0.43 to $0.92, averaging $0.71.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.18 to $2.37 per kg, while oranges range from $0.71 to $1.07 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.36 and $0.59 per kg, and lettuce costs $1.18 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.89 and $1.23 per liter.
- Taxi Fares - Taxi fares start at $0.36, with a cost of $0.36 to $0.59 per km.
- Car Purchase - A new Volkswagen Golf costs between $8290.07 and $17764.44, while a Toyota Corolla ranges from $14211.55 to $29607.4.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Data not provided.
- 1-Bedroom Apartment Rent (Outside Centre) - Data not provided.
- Buying Price per Square Meter (City Centre) - Data not provided.
- Buying Price per Square Meter (Outside Centre) - Data not provided.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $9.47 and $82.9, averaging $17.76.
- Internet - Internet services range from $2.37 to $9.47, with an average cost of $2.37.
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
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Sports And Leisure
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Clothing And Shoes
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Salaries And Financing
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"Key Takeaways"
Karnataka offers a relatively low cost of living compared to many Western countries, particularly in dining and grocery expenses.
Transportation costs are affordable, with low fuel prices and reasonable taxi fares.
Utilities and internet services are inexpensive, making it an attractive option for budget-conscious individuals.
Conclusion
In conclusion, Karnataka presents an affordable living environment with low costs in dining, groceries, and transportation.
While housing data is not provided, the overall expenses suggest a budget-friendly lifestyle, ideal for those looking to save money while enjoying a rich cultural experience.