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Cost of Living in Bangalore Vs Hyderabad: Which is Better?
Are you planning to move to Bangalore Vs Hyderabad, but you're not sure which city is more affordable? Are you also wondering what is the cost of living in Bangalore Vs Hyderabad?
Bangalore and Hyderabad are two major cities in India known for their vibrant culture, thriving industries, and rapidly growing real estate markets. The cost of living in both cities has been rising steadily in recent years, but there is still a significant difference between the two.
In this blog post, we'll compare the cost of living in Bangalore Vs Hyderabad across various categories, including housing, food, transportation, and entertainment.
By the end of this post, you'll have a better understanding of which city is more affordable for your lifestyle and budget.
While comparing the cost of living in Bangalore Vs Hyderabad, property prices play a significant role as deciding factors.
The real estate markets in both Bangalore and Hyderabad have witnessed tremendous growth in recent years. Both cities have strong economies, growing job markets, and a large pool of potential buyers. However, investors should be aware of some key differences between the two real estate markets.
In Bangalore, the demand for both residential and commercial properties is very high, resulting in skyrocketing prices. On the other hand, Hyderabad offers more affordable options for homebuyers and investors, making it an attractive destination for real estate investments.
The average property price in Bangalore is around Rs. 7,000 per square foot. However, prices can vary significantly depending on the location and type of property. For example, property prices in popular IT hubs such as Whitefield and Electronic City are much higher than in other parts of the city.
Here is a comparison of property prices in some popular localities in Bangalore:
| Locality | Average Price per sqft |
|---|---|
| Whitefield | 8000 - 9000 |
| Electronic City | 7000 - 8000 |
| Marathahalli | 6500 - 7500 |
| HSR Layout | 6000 - 7000 |
| Hebbal | 8500 - 9500 |
The average property price in Hyderabad is around Rs. 5,000 per square foot. Prices can also vary significantly depending on the location and type of property. For example, property prices in popular IT hubs such as Gachibowli and Madhapur are higher than in other parts of the city.
Here is a comparison of property prices in some popular localities in Hyderabad:
| Locality | Average Price per sqft |
|---|---|
| Gachibowli | 6000 - 7000 |
| Madhapur | 5500 - 6500 |
| Hitech City | 5000 - 6000 |
| Kukatpally | 4500 - 5500 |
| Miyapur | 4000 - 5000 |
As you can see, property prices in Bangalore are generally higher than in Hyderabad. This is due to several factors, including the city's strong economy, high demand for housing, and limited supply of land.
However, it is important to note that there are some localities in Hyderabad where property prices are comparable to or even higher than in Bangalore. For example, property prices in the IT hubs of Gachibowli and Madhapur are comparable to those in Whitefield and Electronic City in Bangalore.
Overall, Hyderabad is a more affordable city for property buyers than Bangalore. However, there are some localities in Hyderabad where property prices are comparable to or even higher than in Bangalore.
The demand-supply dynamics in the Bangalore Vs Hyderabad real estate markets are also different. Bangalore has a relatively high demand for property, but the supply of land is limited. This has led to a situation where property prices in Bangalore have been rising steadily in recent years.
On the other hand, the demand-supply dynamics in the Hyderabad real estate market are more balanced. There is a healthy demand for property, but the supply of land is also relatively plentiful. This has led to a more stable property market in Hyderabad, with prices rising at a more moderate pace.
Despite the higher property prices, Bangalore is still seen as a good investment destination for real estate investors. The city's strong economy and growing job market are expected to continue to drive demand for property in the coming years. North Bangalore, especially, has become a hot investment spot for people looking to invest in real estate in Bangalore.
Hyderabad is also a good investment destination, but it is seen as a more affordable option than Bangalore. The city's government is also supportive of the real estate sector, and a number of new infrastructure projects are underway that are expected to boost demand for property in the coming years.
The real estate markets in Bangalore Vs Hyderabad are both expected to remain stable in the coming years. Bangalore will likely continue seeing higher property prices, but the city is still a good investment destination for real estate investors. Hyderabad is seen as a more affordable option with good investment potential.
Different factors drive the real estate markets in Bangalore and Hyderabad. In Bangalore, numerous IT companies, tech startups, and research institutions significantly contribute to the demand for real estate. The influx of young professionals and the need for quality housing have increased property prices.
On the other hand, Hyderabad's real estate market is primarily driven by the outsourcing industry, pharmaceutical companies, and the city's strategic location. The availability of large parcels of land and the presence of renowned educational institutions have also played a role in the growth of the real estate market in Hyderabad.
Bangalore has a well-developed public transportation system, which includes buses, metro, and suburban rail. The bus system is the most extensive, with over 6,000 buses operating across the city. The metro system is relatively new, but it has been expanding rapidly in recent years. The suburban rail system connects Bangalore to several nearby towns and cities.
The cost of public transportation in Bangalore is relatively low. A single bus ride costs between ₹5 and ₹50, and a single metro ride costs ₹30. Suburban rail fares vary depending on the distance travelled.
Hyderabad has a well-developed public transportation system, which includes buses, metro, and suburban rail. The bus system is the most extensive, with over 4,000 buses operating across the city. The metro system is also relatively new but has been expanding rapidly in recent years. The suburban rail system connects Hyderabad to several nearby towns and cities.
The cost of public transportation in Hyderabad is also relatively low. A single bus ride costs between ₹5 and ₹50, and a single metro ride costs ₹25. Suburban rail fares vary depending on the distance travelled.
Both Bangalore and Hyderabad have well-developed public transportation systems, but Bangalore's system is slightly more extensive. Public transportation costs are also slightly lower in Bangalore than in Hyderabad.
The cost of private transportation in Bangalore is high. A litre of petrol costs around ₹100, and the average cost of an autorickshaw ride is around ₹20 per kilometre, depending on the distance. Taxi fares are also relatively high, starting at around ₹30 per kilometre.
The cost of private transportation in Hyderabad is comparatively the same. A litre of petrol costs around ₹110, but the average cost of an autorickshaw ride is ₹10 - 20 per kilometre. Taxi fares are also relatively high, starting at around ₹20 - 30 per kilometre.
The cost of private transportation is relatively high in both Bangalore and Hyderabad. However, the cost of autorickshaw rides is slightly lower in Hyderabad than in Bangalore. Taxi fares are also somewhat lower in Hyderabad than in Bangalore.
Bangalore is well-connected to other parts of India by air, road, and rail. The city has two international airports: Kempegowda International Airport (BLR) and HAL Airport (BLR). BLR is a major hub for domestic and international flights, while HAL Airport is primarily used for cargo and military flights. Bangalore is also well-connected to other major cities in India by road and rail.
Hyderabad is also well-connected to other parts of India by air, road, and rail. The city has only one international airport, Rajiv Gandhi International Airport. Hyderabad is also well-connected to other major cities in India by road and rail.
Bangalore, being a larger city, has a more developed transportation system with a wider reach. The city's metro rail network, bus services, and app-based cab services provide convenient options for commuting. Although smaller in size, Hyderabad also offers excellent connectivity through its metro rail, well-connected bus routes, and the various cab services.
Overall, transportation and connectivity costs are slightly lower in Bangalore than in Hyderabad. However, the difference is not significant. Both cities have well-developed public transportation systems, which are well-connected to other parts of India by air, road, and rail.
Overall, groceries are slightly cheaper in Hyderabad than in Bangalore. For example, a kilogram of rice costs around ₹40 in Hyderabad, while it costs around ₹60 in Bangalore. Similarly, a kilogram of wheat costs around ₹24 in Hyderabad, while it costs around ₹41 in Bangalore.
Eating out is also slightly cheaper in Hyderabad than in Bangalore. For example, a meal at a mid-range restaurant in Hyderabad costs around ₹200 per person, while it costs around ₹250 per person in Bangalore. Similarly, a meal at a fast food restaurant in Hyderabad costs around ₹100 per person, while it costs around ₹125 per person in Bangalore.
Overall, groceries and eating out are slightly cheaper in Hyderabad than in Bangalore. However, the difference is not significant. For example, a person who spends ₹10,000 per month on groceries in Bangalore would need to spend around ₹9,500 on groceries in Hyderabad. Similarly, a person who spends ₹5,000 per month on eating out in Bangalore would need to spend around ₹4,750 per month on eating out in Hyderabad.
It is important to note that the cost of living in Bangalore Vs Hyderabad can vary depending on your area and lifestyle choices. For example, if you live in a posh area and eat out at expensive restaurants regularly, your cost of living will be higher. Conversely, if you live in a budget-friendly area and cook at home most of the time, your cost of living will be lower.
Social infrastructure, including healthcare facilities, educational institutions, and recreational amenities, are essential considerations when determining the cost of living in a city.
Bangalore: The cost of education in Bangalore is generally higher than in Hyderabad, especially for private schools and colleges. For example, the average yearly tuition fee for a private school in Bangalore is around INR 2 lakh, while the average yearly tuition fee for a private school in Hyderabad is around INR 1.5 lakh.
Hyderabad: The cost of education in Hyderabad is more affordable than in Bangalore, especially for government schools and colleges. For example, the average yearly tuition fee for a government school in Hyderabad is around INR 20,000, while the average yearly tuition fee for a government college in Hyderabad is around INR 30,000.
Bangalore: The cost of healthcare in Bangalore is generally higher than in Hyderabad, especially for private hospitals. For example, the average cost of a consultation with a specialist doctor in Bangalore is between INR 500 and INR 1,000, while the average cost of a consultation with a specialist doctor in Hyderabad is around INR 750.
Hyderabad: The cost of healthcare in Hyderabad is almost similar to that of Bangalore, but it is less for government hospitals. For example, the average cost of a consultation with a specialist doctor in a government hospital in Hyderabad is around INR 250, while the average cost of a consultation with a specialist doctor in a government hospital in Bangalore is around INR 500.
Bangalore: The cost of accessing recreational facilities in Bangalore is generally higher than in Hyderabad. For example, the average cost of a movie ticket in Bangalore is around INR 350, while the average cost in Hyderabad is around INR 150.
Hyderabad: The cost of accessing recreational facilities in Hyderabad is more affordable than in Bangalore. For example, the average gym membership cost in Hyderabad is around INR 3,000 per year, while the average gym membership in Bangalore is around INR 5,000 per year.
Regarding recreational amenities, Bangalore offers many options, including parks, malls, theatres, and sports complexes. With its historical attractions, Hyderabad also provides opportunities for leisure activities and cultural experiences.
If you want a city with a more affordable social infrastructure, Hyderabad is better than Bangalore. However, if you are willing to pay more for social infrastructure, Bangalore offers more options.
When determining the cost of living in Bangalore Vs Hyderabad regarding quality of life, one must consider personal preferences and individual priorities. Bangalore's vibrant city life, job opportunities, and cultural diversity attract professionals looking for a fast-paced lifestyle. However, the high cost of living and traffic congestion can be significant drawbacks.
With its affordability, rich history, and more relaxed pace of life, Hyderabad appeals to those seeking a balance between work and personal life. The city's lower cost of living and friendlier atmosphere contribute to a better quality of life for many.
To provide a well-rounded perspective, we spoke to individuals who have lived in both Bangalore and Hyderabad to understand their experiences regarding the cost of living in Bangalore Vs Hyderabad. Many mentioned that Bangalore offers more job opportunities, especially in the IT sector, leading to higher salaries. However, they also highlighted the high cost of living in terms of housing and transportation, which can consume a significant portion of their income.
One of these people said he was paying Rs. 15,000 per month for a 2BHK apartment in a decent area of Hyderabad. On the other side, in Bangalore, he was paying at least Rs. 30,000 for the same apartment. The same person also said that the food prices in Hyderabad are generally lower than in Bangalore. A meal at a mid-range restaurant in Hyderabad costs around Rs. 200, while the same meal in Bangalore would cost around Rs. 300. Other expenses, such as transportation, utilities, groceries, and entertainment, are also generally lower in Hyderabad than in Bangalore.
After talking to these people regarding cost of living in Bangalore Vs Hyderabad, we learned that those who have lived in Hyderabad emphasized the city's affordability and a more relaxed way of life. The cost of living is relatively lower, allowing individuals to save more and have a comfortable lifestyle. Moreover, the respondents appreciated the city's friendly atmosphere and the presence of various cultural events.
Let's summarize the pros and cons of living in Bangalore and Hyderabad:
Pros of Living in Bangalore:
Cons of Living in Bangalore:
Pros of Living in Hyderabad:
Cons of Living in Hyderabad:
We hope you have got an idea about the cost of living in Bangalore Vs Hyderabad. These two thriving cities in India offer different experiences in terms of cost of living. With its high cost of living and vibrant city life, Bangalore attracts professionals seeking job opportunities in the IT sector. On the other hand, Hyderabad provides a more affordable cost of living and a relaxed way of life, steeped in rich history and culture.
When comparing the cost of living in Bangalore vs Hyderabad, factors such as housing expenses, transportation costs, healthcare facilities, educational institutions, and personal preferences play a significant role. Each city has its own strengths and drawbacks, and individuals must consider these factors while making a decision.
Ultimately, the question of which city is better in terms of cost of living boils down to individual circumstances, career prospects, and lifestyle choices. Both Bangalore and Hyderabad offer unique opportunities and can provide a fulfilling living experience for residents.
Hyderabad is a good place to live, offering a good mix of modern amenities and a rich cultural heritage with an affordable cost of living.
Bangalore is a good place to live, offering a pleasant climate, thriving economy, diverse population and numerous job opportunities.
If you are a young professional looking for a fast-paced and cosmopolitan lifestyle, Bangalore is the better choice. If you want a more affordable city with a more relaxed vibe, Hyderabad is the better choice.
Bangalore is more costly than Hyderabad because Bangalore is a more popular city for IT jobs and has a higher cost of living overall.
Bangalore is bigger than Hyderabad in terms of area and population.
With a salary of INR 50,000 to INR 60,000 per month, you should be able to live a comfortable life and enjoy all that the city has to offer.
