Cost of living in Ranebennur
Ranebennur, 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, including dining, groceries, transportation, housing, and utilities, 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 $3.55 on average, with a range between $1.42 and $8.29.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $21.32, with prices ranging from $11.84 to $47.37.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $4.15, with a range between $3.55 and $5.92.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.78 to $4.62, imported beer $2.72 to $5.92, cappuccino $0.95 to $4.15, and Coke/Pepsi $0.3 to $0.59.
Grocery Prices
- Milk - Milk is priced between $0.39 and $0.83 per liter, averaging $0.63.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.41 and $0.83, with an average price of $0.59.
- Eggs (Dozen) - A dozen eggs range from $0.83 to $1.66, averaging $1.11.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.66 to $4.15 per kg, while oranges range from $0.59 to $3.55 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.3 and $0.83 per kg, and lettuce costs $0.31 to $1.18 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.18 and $1.3 per liter.
- Taxi Fares - Taxi fares start at $0.59, with a cost of $0.24 to $0.59 per km and $1.18 to $3.55 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Data not available.
- 1-Bedroom Apartment Rent (Outside Centre) - Data not available.
- 3-Bedroom Apartment Rent (City Centre) - Data not available.
- 3-Bedroom Apartment Rent (Outside Centre) - Data not available.
- Buying Price per Square Meter (City Centre) - Data not available.
- Buying Price per Square Meter (Outside Centre) - Data not available.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $23.69 and $94.74, averaging $42.03.
- Internet - Internet services range from $8.29 to $17.76, with an average cost of $11.57.
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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"Key Takeaways"
Ranebennur offers affordable dining options, with inexpensive meals available for as low as $1.42.
Grocery prices are generally low, making it economical for daily shopping needs.
Transportation costs are moderate, with gasoline prices slightly above $1 per liter.
Utilities are relatively inexpensive, contributing to a lower overall cost of living.
Conclusion
Ranebennur presents a cost-effective living environment, particularly in terms of dining and grocery expenses.
While housing data is not available, the low cost of utilities and transportation suggests a generally affordable lifestyle.
Potential residents and investors can benefit from the city's economic advantages, making it an attractive option for relocation or business.