How Much Does It Cost to Live In Coimbatore?
Foreign guests and Indians often stop in Coimbatore as a transit point before moving further to the south.
They often see the lined drains next to the roads because only 40% of Coimbatore has covered underground sewage systems.
This is a cosmopolitan city with numerous places of worship, so the roads are often crowded with people and cars.
Many of them are foreign investors who have arrived in the city to make investments.
78% of the local population is literate which makes them able to take decent positions at work, and do business.Cost of Living Index:
India : Cost of Living by City
- Lucknow (Lakhnau)
- Navi Mumbai
The meals in the local restaurants in Coimbatore are based on rice.
Also, food establishments have an old tradition to use banana leaves instead of dishes for certain kinds of meal.
The average price in the mid-range restaurants is $7.23 for a three-course meal, while a combo meal in a fast food restaurant or the street food is $3.61.
A cup of coffee in Coimbatore costs $1.53.
Since Coimbatore is known for its textile industries, it is full of different fabrics which are sold at all the local markets.
As for the food markets, there are a few in the city which allow people to cook their favorite Tamilian dishes at home.
We will name the prices for just a few articles: $5.60 for a kilo of local cheese, $6.51 for a bottle of wine, $1.00 for a kilo of oranges, $2.89 for a pack of cigarettes.
The International Coimbatore airport is located 17 km far from the city center.
The airport operates both domestic and international flights.
The city also has railway stations, road bus stations, intra-city buses, the tuk-tuks, and the taxis.
A monthly pass for public transportation is $7.14, and a liter of gasoline costs $1.09.
The prices for monthly utilities are moderate for the locals pay $22.48 on average for water, electricity, conditioning and rubbish management.
A minute on the mobile phone costs $0.01, and the Internet connection is $15.37.
Quite a few Internet providers offer their high-speed Internet services, both broadband, and fixed line.
SPORTS & LEISURE
Locals love spending their leisure time in the parks and shopping malls.
Families take their kids to the Coimbatore Zoo to see the animals and birds.
A popular wildlife bird watching destination is the Singanallur lake.
Coimbatore has a 3.2 km long racing track, holds football competitions, cricket games and various athletic events.
CLOTHING & SHOES
There is a great number of shopping malls and separate stores and shops which sell clothes and shoes.
The chain stores sell goods at lower prices, for instance, a pair of jeans is $34.62, a summer dress H&M is $26.37, and a pair of men’s leather shoes is $34.05.
The most popular shopping areas in Coimbatore are the Big Bazaar street, the Raja street, and the Oppanakara street.
RENT PER MONTH
A one bedroom apartment in the city center costs $142.46 per month, and the three bedroom apartment in the same area is $308.93.
The tourists often chose cheap hostels and hotels but many prefer the possibility to live in Coimbatore like at home and cook homemade food.
The cheapest is the one bedroom apartment outside the center at $94.62.
Cost of Living Averages Table for Coimbatore*Note: All prices are indicated in USD.
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$1.43|
|Domestic Beer (0.5 Liter)||$2.00|
|Water (0.33 Liter)||$0.21||Average Market Prices|
|Milk (1 Liter)||$0.64|
|Loaf Bread (500g)||$0.41|
|Eggs (12)||$0.83||Average Transport Prices|
|One Way Ticket||$0.24|
|Gasoline||$1.09||Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$22.48|
|1 min. of Prepaid Mobile Tariff Local||$0.01|
|Internet (Unlimited Data, Cable/ADSL)||$15.37||Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$14.32|
|Tennis Court Rent (1 Hour)||$5.40|
|Cinema, 1 Seat, International Release||$2.14||Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$34.62|
|1 Summer Dress in a Chain Store (Zara, etc...)||$26.37|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$39.99||Average Rent Prices|
|Apartment (1 bedroom) in City Center||$142.46|
|Apartment (1 bedroom) Outside of Center||$94.62|
|Apartment (3 bedrooms) in City Center||$308.93|
How Does the Average Person Spend Their Money in Coimbatore?
The monthly rent takes as much as 16.5% of people’s income and this is a high enough indicator for the large Indian cities.
But the market expenses top the charts with 43.3% of the money spent in the markets.
That’s because the markets in Coimbatore are not about food and spices only, but all the necessary accessories, household things, clothes, and shoes can be purchased in the markets too.
The transportation expenses make 15.7% of the average Coimbatore citizen’s budget.
As little as 3.8% of savings are put off to pay for utilities monthly.
A larger sum of money or 5.5% of the earned is spent on sports and leisure, while clothing and shoes request only 4.2% of the average person’s income.
Average Costs Breakdown
Coimbatore: Average Salary, Minimum Wage & Mortgages
The average monthly net salary in Coimbatore is $343.85 per month, and the minimum wage is $54.5 per month.
As much as 22% of the population of Coimbatore are illiterate so they often become the rickshaw or taxi drivers and receive low salaries.
The mortgage interest rate in the city is higher than in most of the large cities in India.
The percentage rate is 10.75% per year for residential and office property which has to be paid out within 20 years.
The average salaries are paid to design and software engineers, mechanical engineers and software developers.
Cost of Living by City in Coimbatore
|City||Cost of Living Index|