How Much Does It Cost to Live In Goa?
A Portuguese man was the first European to step into the Goa state in India.
He screamed, Whoa! and the state was named so, by legend.
The prices in Goa are considerably higher than in the most states in India.
The meals in the restaurants, as well the rental prices are rather high.
The state is divided into Southern and Northen parts and has 40 beaches 110 kilometers long in total.
The locals in Goa love haggling and it is worth doing so in the transport or at the markets.Cost of Living Index:
India : Cost of Living by City
- Lucknow (Lakhnau)
- Navi Mumbai
Goan cuisine is very European-like and tourist-oriented.
The business card of the state is the seafood from shrimps to sharks.
Meat will be harder to find in the kitchens of local eateries.
You can buy a cup of coffee for $1.36, and imported beer for $2.17.
A three-course meal for two in a mid-range restaurant will cost you $14.46.
One of the ways to spend leisure time in Goa is going to one of the numerous markets here.
They will sell you food at discounted prices if you bargain well.
The food markets are usually here on Fridays and you can buy nearly everything there: the Indian herbs, tea, fruits and vegetables, fish, milk, palm sugar, and nuts.
Tiny eateries are located within the markets so you can have a break and taste food before buying.
The basic transport in Goa is the bus, taxi, and rickshaw.
Besides, the locals travel by trains, scooters, bicycles, and motorbikes, but the cheapest public transport is the bus.
You should be ready to pay $0.37 for one kilometer to a taxi driver, and $1.45 for an hour of waiting.
If you travel by car, a liter of gasoline is $0.94.
Monthly utilities are rather low in Goa.
The bills for electricity, water, and garbage charge $14.92 on average.
A one-minute call using a mobile phone costs $0.01, while the high-speed Internet that can be found in the Internet cafes or hotels is $8.94 per month.
The Wi-Fi is too difficult to find in Goa, but it is rather fast and high-quality in 4* and 5* hotels, some restaurants, paid beaches, buses, and benches in some parks.
SPORTS & LEISURE
Goa is famous for the greatest variety of water sports like scuba diving, snorkeling, parasailing, kayaking, surfing, and swimming.
Besides you can play tennis if you rent a court for an hour at the weekend for $5.41, or go to the cinema for $3.43 per seat.
The monthly fee for one adult practicing in a fitness club is $21.32.
CLOTHING & SHOES
If you are among those people who search for their favorite chain stores in every new country of the world, then you will be happy to know that all the necessary brands like Nike, Zara, H&M, Levis can be found in Goa too.
The prices for jeans, summer dresses, and shoes are quite low, with the running shoes as the most expensive item for $45.59.
The stores are located in Panaji.
The locals prefer shopping in the markets which sell cheap outwear by young European designers.
RENT PER MONTH
With $387.65 in your wallet, you can live a very nice and calm life in a three-bedroom apartment in Goa.
If you don’t need that large space for yourself, it is possible to rent a one bedroom dwelling for just $114.04 outside the center.
Choosing to get closer to all the main attractions of any city in Goa results in $163.00 for one bedroom in downtown.
Cost of Living Averages Table for Goa*Note: All prices are indicated in USD.
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$3.61|
|Domestic Beer (0.5 Liter)||$0.94|
|Water (0.33 Liter)||$0.24||Average Market Prices|
|Milk (1 Liter)||$0.64|
|Loaf Bread (500g)||$0.35|
|Eggs (12)||$0.89||Average Transport Prices|
|One Way Ticket||$0.31|
|Gasoline||$0.93||Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$14.92|
|1 min. of Prepaid Mobile Tariff Local||$0.01|
|Internet (Unlimited Data, Cable/ADSL)||$8.94||Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$21.32|
|Tennis Court Rent (1 Hour)||$5.14|
|Cinema, 1 Seat, International Release||$3.43||Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$32.49|
|1 Summer Dress in a Chain Store (Zara, etc...)||$29.13|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$45.59||Average Rent Prices|
|Apartment (1 bedroom) in City Center||$163.00|
|Apartment (1 bedroom) Outside of Center||$114.04|
|Apartment (3 bedrooms) in City Center||$387.65|
How Does the Average Person Spend Their Money in Goa?
The restaurants are the way to spend leisure time and can be part of sports if you like food discovery marathons.
This part of the program takes as much as 14% of the average Goan citizen’s income.
The markets are symbolic to Goa, and since all the products, spices, herbs, beverages, cigarettes, footwear and clothes can be bought there, the average Indian spends 42.3% on markets.
The other significant item of expenditure in Goa is transportation.
The roads are way too unsafe if you choose to travel on your own by renting a car of a motorbike, that is why it is recommended to use a bus or a subway unless you are a stuntman or know to drive really well.
Utilities are the cheapest (2.2%) because they are either not used that often or just do not exist in the houses (like the Internet connection).
A large portion of money in terms of the Goan salaries goes to clothing sports and leisure, while clothing and shoes are below the charts.
And yes, monthly rent is the second most expensive thing that people are ready to give 18.3% of the money for.
Average Costs Breakdown
Goa: Average Salary, Minimum Wage & Mortgages
The national minimum wage has been fixed at the level of $54.5 in recent years, although it might have slightly increased as of now.
You should also be aware of the average salary per month for the experienced, well-qualified and educated employees.
The average sum of money which is paid to executive assistants, civil engineers, software and web developers and other popular positions is $348.11 per month.
In case the local person is not able to buy or rent an apartment for many years, the banks and the housing loan companies offer their services on buying a mortgaged property under 10.39% per year.
Cost of Living by City in Goa
|City||Cost of Living Index|