Cost of living in Mohali (Sahibzada Ajit Singh Nagar)
Mohali, officially known as Sahibzada Ajit Singh Nagar, is a prominent city in India known for its rapid development and proximity to Chandigarh. Understanding the cost of living in Mohali is crucial for anyone considering moving to or residing in this vibrant city.
This guide provides a detailed breakdown of various expenses, including housing, transportation, dining, and more, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $3.26 on average, with a range between $1.18 and $5.92.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $14.21, with prices ranging from $5.92 to $23.68.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $3.73, with a range between $2.96 and $4.74.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $0.95 to $5.92, imported beer $1.78 to $5.92, cappuccino $0.53 to $3.55, and Coke/Pepsi $0.24 to $0.53.
Grocery Prices
- Milk - Milk is priced between $0.59 and $0.83 per liter, averaging $0.74.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.33 and $0.77, with an average price of $0.54.
- Eggs (Dozen) - A dozen eggs range from $0.57 to $1.85, averaging $1.13.
- Fruits (e.g., Apples, Oranges) - Apples cost $0.83 to $2.96 per kg, while oranges range from $0.36 to $1.78 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.12 and $0.47 per kg, and lettuce costs $0.24 to $0.71 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $0.36 and $1.18, with a monthly pass priced between $4.14 and $16.58.
- Fuel (Gasoline) - Gasoline is priced between $1.07 and $1.23 per liter.
- Taxi Fares - Taxi fares start at $0.47, with a cost of $0.12 to $0.24 per km and $0.59 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 $94.74 to $177.63, averaging $124.34.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $35.53 to $94.74, averaging $79.93.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $296.05 to $473.68, averaging $375.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $189.47 to $296.05, averaging $232.89.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $592.1 to $1147.19, averaging $869.65.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $414.47 to $764.8, averaging $589.63.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $23.68 and $94.74, averaging $52.85.
- Internet - Internet services range from $3.55 to $11.84, with an average cost of $7.99.
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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Transportation
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Rent Per Month
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Utilities (Monthly)
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Sports And Leisure
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Clothing And Shoes
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Buy Apartment Price
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Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Mohali offers a relatively affordable cost of living compared to major metropolitan areas. Dining out is economical, with inexpensive meals available at low prices.
Housing costs are significantly lower than in larger cities, making it an attractive option for those seeking budget-friendly living arrangements.
Transportation is cost-effective, with affordable public transport options and reasonable fuel prices.
Conclusion
In conclusion, Mohali presents a cost-effective living environment with affordable housing, dining, and transportation options. The city is ideal for individuals and families looking for a budget-friendly lifestyle without compromising on quality.
Whether you are planning to move to Mohali or are already a resident, understanding these costs can help you manage your finances better and enjoy what the city has to offer.