Cost of Living in Hyderabad
Hyderabad is a rapidly growing city that attracts people from across the country and even around the world. Whether you’re considering a move for work, education, or a change of scenery, Hyderabad is a fit for all. It has created a large set of opportunities for people in IT sector and has driven the country’s pharmaceuticals and biotechnology sector with its major contribution.
We know about all these factors previously, but is Hyderabad living budget friendly too? Let’s dive into the financial side of living in this beautiful city and find out what it truly costs to call Hyderabad our home.
Living Expenses in Hyderabad
The capital of Telangana, Hyderabad offers a unique combination of opportunity and affordability in urban living. It is ranked as a best city for living and also the cost of living is very affordable. Whether renting or buying, Hyderabad offers a range of affordable housing options and best of amenities. Whether you’re a student, working professional, or a family, the cost of living depends largely on the size of the accommodation and the overall convenience the area offers like proximity to schools, offices, or public transport.
Tenant Type | Configuration | Approx. Monthly Rent (₹) | Notes |
Students | PG / Hostel | 5,000 – 10,000 | Basic facilities, meals often included |
Students / Bachelors | Shared Apartment | 8,000 – 15,000 per person | Cost-effective with better privacy & space |
Small Families | 1BHK Apartment | 12,000 – 18,000 | Suitable for couples or small families |
Mid-size Families | 2BHK Apartment | 20,000 – 35,000 | Offers more space, commonly found in gated setups |
Larger Families | 3BHK Apartment | 40,000 – 60,000+ | Spacious, with amenities like security, parks, etc. |
Groceries and other Essentials
Hyderabad’s grocery expenditure varies according to lifestyle and family size. Families with higher expenditures cover more items, whereas students and bachelors tend to shop for essentials or quick-fix food to save money and time.
Category | Estimated Monthly Spend (₹) | Typical Items Purchased |
Family (4 members) | 8,000 – 12,000 | Vegetables, fruits, dairy, packaged goods, meat & fish |
Students | 2,000 – 4,000 | Basic vegetables, dairy, snacks, essentials |
Bachelors | 3,000 – 5,000 | Ready-to-eat meals, basic groceries, quick staples |
Utility and Healthcare
Utility and healthcare expenditures are also key components of monthly budgeting. Maintenance costs for gated communities are generally higher because they include additional amenities, and healthcare expenditures fluctuate depending on lifestyle and household size.
Maintenance
Expense Type | Monthly Cost (₹) | Notes |
Electricity | 1,500 – 4,000 | Higher with AC and appliances usage |
Water & LPG | 500 – 1,500 | Includes basic water supply and cooking gas |
Wi-Fi / Internet | 600 – 1,200 | High-speed broadband for home use |
Maintenance (Gated Community) | 3,000 – 6,000 | Covers security, gym, clubhouse, etc. |
Maintenance (Non Gated Community) | 2,000+ | Basic upkeep and common utilities |
Healthcare
Category | Monthly Spend (₹) | Notes |
Families | 2,000 – 5,000 | Includes insurance, checkups, and basic healthcare |
Students | 500 – 2,000 | Campus healthcare or low-cost insurance plans |
Bachelors | 1,000 – 3,000 | Consultations, medications, and minor treatments |
Travel Expenses
Getting around Hyderabad can be both affordable and convenient, depending on your mode of transport. Public options remain the most budget-friendly, while personal vehicles offer flexibility but come with added expenses.
Mode of Transport | Approx. Cost | Notes |
Public Transport | ₹10 – ₹60 per ride | Includes metro, city buses, and shared autos |
₹1,000 – ₹1,500/month | Metro or bus passes for daily commuters | |
Ride-hailing & Carpooling | ₹100 – ₹300 per day | Ola/Uber rides vary by distance; carpooling starts at ₹50/ride |
Private Vehicle (Fuel + Maintenance) | ₹3,000 – ₹6,000/month | Based on fuel (₹110/litre petrol), basic service & insurance |
Cost of Education
Hyderabad education fees are quite diverse depending on the type of institution and level of study. From schools to universities and coaching centres, the fees can constitute a major portion of a family’s monthly or annual budget.
Education Type | Annual Fees (₹) | Notes |
Private Schooling (Nursery–Grade 10) | 2,00,000 – 3,00,000 | Depends on the school’s facilities and reputation |
Higher Education (Colleges/Universities) | 1,00,000 – 5,00,000 | Varies by course and institution type (private or public) |
Coaching & Test Prep | 20,000 – 1,00,000 | Includes coaching for entrance exams or skill-based courses |
Smart ways to Manage your Finance
- Create a Monthly Budget
- Prioritize Needs Over Wants
- Use Public Transport or Carpool
- Choose Shared Living or Affordable Housing
- Cook at Home Often
- Use Subscriptions Wisely
- Build an Emergency Fund
- Track and Reduce Utility Consumption
- Buy Health Insurance
- Take Advantage of Student/Employee Discounts
- Use Credit Cards Smartly
- Set Financial Goals
Conclusion
One of the biggest advantages of living in Hyderabad is its comparatively low cost of living when compared to other cities like Mumbai, Delhi, and Bangalore. From budget-friendly PGs and shared flats for students and bachelors to spacious gated community flats for families, the city has something for everyone. Apart from accommodation, daily life expenses such as groceries, transportation, healthcare, and education are affordable. With improving infrastructure, job opportunities, and balanced living, it has become an ideal choice.
FAQs
Bangalore is generally more expensive than Hyderabad, especially when it comes to rent and dining out. While both cities have similar costs for transport and groceries, housing in Hyderabad is significantly more affordable. Overall, Hyderabad offers a more budget-friendly lifestyle compared to Bangalore.
Yes, you can survive in Hyderabad with a ₹20,000 salary, but it will require careful budgeting and a modest lifestyle. Opting for shared accommodation, using public transport, and cooking at home can help manage expenses. While it may not allow for luxuries, it’s possible to cover basic needs and save a little with smart planning.
Some of the most affordable areas in Hyderabad include Kukatpally, Ameerpet, Mehdipatnam for students and bachelors, and Kompally and Uppal for families. Other areas known for their reasonable cost of living include KPHB, Pragathi Nagar, Moosapet, Nizampet, and Miyapur.