How Much Does It Cost to Live In Indore?
Indore is one of the cities in India that attract tourists by their authenticity and contrasts.
Despite being globalized, the city has not reached the level of English which would be enough to understand tourists.
That is the reason for the visitors to be extremely attentive in the streets due to a quite unsafe environment.
The other weak side of the city is bad traffic which makes getting around the city by public transport or a private car almost impossible.
There are some positive features like a great number of recreational spots, low prices for rent, medicine, restaurants, and products.Cost of Living Index:
India : Cost of Living by City
- Lucknow (Lakhnau)
- Navi Mumbai
Indore cuisine is named lip-smacking by many locals and foreign guests.
You can choose anything from the cheap street food eateries to expensive restaurants for all of them will serve you delicious meals.
A cup of coffee in Indore is $1.36, a glass of the imported beer is $2.17.
A three-course meal for two in a mid-range restaurant do not exceed the price of $8.66.
Prices at local markets are awesome if you come to Indore from any of the countries where the monthly salary does not go below $1000.
The trading in Indore resembles that of Mumbai with lots of shopping areas, street shops, and food markets.
The cigarettes are among the most expensive items of expense here in line with the local cheese and back leg red meat.
Indore disposes of a national airport, three national highways, and two state highways.
If you want to get around the city to see each of its corners, use railway, road or air.
The roads are often stuck because of really heavy traffic.
Then there are bicycles for rent, tele-auto rickshaws, and mopeds to travel faster.
The utilities in Indore are rather inexpensive with only $0.01 per minute of a prepaid mobile tariff and $15.11 for the Internet.
By the way, the price is mentioned for the unlimited data Internet, while there are also some good providers with limited data and restriction of the speed which is quite costly.
SPORTS & LEISURE
The fitness clubs in Indore charge average prices for adult monthly fees while the tennis courts are three times cheaper.
Indore has some really good cinemas halls showing animation and fiction movies in 2D and 3D.
The price of the seat at the international release movie runs anywhere between $2.17 and $4.33.
CLOTHING & SHOES
As much as eighteen shopping places in Indore attract visitors and welcome you to deep inside the numerous stores and boutiques.
One of the most recommended places to shop for clothing is MT cloth market with lots of interesting designs and low prices.
Shopping for well-known brands is possible in the Treasure Island Mall.
The prices in the chain stores are rather low compared to the largest cities in India.
RENT PER MONTH
Indore has a lot of property for sale and rent.
The prices are lower than in most of the Indian cities with a millionth population.
One bedroom apartment outside the center can be rented at less than $75, and similar residential space in the downtown does not exceed $113.87.
The landlords charge anywhere between $144.34 to $360.85 for a three bedroom apartment in the urban area.
Cost of Living Averages Table for Indore*Note: All prices are indicated in USD.
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$2.14|
|Domestic Beer (0.5 Liter)||$1.71|
|Water (0.33 Liter)||$0.15||Average Market Prices|
|Milk (1 Liter)||$0.67|
|Loaf Bread (500g)||$0.41|
|Eggs (12)||$0.97||Average Transport Prices|
|One Way Ticket||$0.29|
|Gasoline||$1.12||Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$40.17|
|1 min. of Prepaid Mobile Tariff Local||$0.01|
|Internet (Unlimited Data, Cable/ADSL)||$15.11||Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$17.56|
|Tennis Court Rent (1 Hour)||$6.25|
|Cinema, 1 Seat, International Release||$3.57||Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$36.12|
|1 Summer Dress in a Chain Store (Zara, etc...)||$31.93|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$43.32||Average Rent Prices|
|Apartment (1 bedroom) in City Center||$112.67|
|Apartment (1 bedroom) Outside of Center||$71.80|
|Apartment (3 bedrooms) in City Center||$280.59|
How Does the Average Person Spend Their Money in Indore?
The average person in Indore spends most of his or her money (43.4%) on markets.
The second place in the charts of expenses is taken by the transportation expenses or 16.3% which is an average figure, of course.
The restaurants in Indore are rather popular and people enjoy dining out for the prices are very low, especially in McDonald’s which has the cheapest combo meal in the world here.
The monthly rent takes as much as 13.8% of the monthly income of the average citizen of Indore.
The apartments are rented out either partially or fully furnished and ready to move.
Clothing and shoes are the least paid for, and the reason is local designers and manufacturers.
The average person buys all the necessary outwear in the bazaars and markets which saves a good deal of money to spend it on sports and leisure (6.9%) or the utilities (5.1%).
Average Costs Breakdown
Indore: Average Salary, Minimum Wage & Mortgages
Indore’s mortgage interest rate is lower than in the similar cities in India.
In percentage, it’s 8.89% that a person must pay out yearly within 20 years.
At that, the average monthly net salary after tax is only $326.83 per employee.
Such salaries are paid at web developers, software engineers, operations managers, mechanical engineers, and other similar positions.
The national minimum wage in Indore depends on the level of skills in the employee and the industry they are working in.
The lowest salaries are paid to workers in the agricultural sector.
Cost of Living by City in Indore
|City||Cost of Living Index|