Cost of living in Yamuna Nagar
Yamuna Nagar, located in India, offers a unique blend of cultural heritage and modern living. Understanding the cost of living in this city is crucial for both residents and newcomers.
This guide provides a detailed breakdown of various expenses, including groceries, housing, and more, to help you plan your budget effectively.
Cost of Living Summary
Grocery Prices
- Milk - Milk is priced at an average of $0.71 per liter.
Salaries and Financing
- Average Monthly Net Salary (After Tax) - The average monthly net salary after tax is approximately $236.72.
- Mortgage Interest Rate - The mortgage interest rate for a 20-year fixed-rate loan is around 7% annually.
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
Markets
Markets
Salaries And Financing
Salaries And Financing
"Key Takeaways"
Yamuna Nagar offers affordable grocery prices, with milk costing around $0.71 per liter.
The average monthly net salary is relatively low at $236.72, which may impact the overall affordability for residents.
Mortgage interest rates are competitive at 7%, which is a crucial factor for those considering buying property.
Conclusion
In conclusion, Yamuna Nagar presents a cost-effective living environment, particularly in terms of grocery prices.
However, the relatively low average salary may pose challenges for some residents in managing their monthly expenses.
Prospective residents should consider these factors when planning their move to Yamuna Nagar.