How much salary is needed to live comfortably in Hyderabad?
Hyderabad, the capital city of Telangana, is a bustling metropolis that offers a blend of modernity and tradition. As the city continues to grow, so does the cost of living. Determining the amount of salary required to live comfortably in Hyderabad depends on various factors such as lifestyle, housing, transportation, and daily expenses. In this article, we will explore the average salary needed to maintain a comfortable lifestyle in Hyderabad.
Understanding the Cost of Living in Hyderabad
The cost of living in Hyderabad varies based on the individual’s lifestyle and preferences. However, some common expenses include rent, utilities, groceries, transportation, and leisure activities. According to Numbeo, the cost of living in Hyderabad is 30% lower than in New York City, making it an affordable city to live in.
1. Housing
Housing is one of the most significant expenses in Hyderabad. The average rent for a 1-bedroom apartment in the city ranges from INR 5,000 to INR 15,000 per month, depending on the location and amenities. For a comfortable living space, a salary of INR 20,000 to INR 30,000 per month would be ideal for renting a 1-bedroom apartment.
2. Utilities
Utilities such as electricity, water, and internet bills can vary widely depending on the size of the apartment and the number of occupants. On average, utilities can cost around INR 1,500 to INR 2,500 per month. To ensure a comfortable lifestyle, a salary of INR 25,000 to INR 35,000 per month would be sufficient to cover these expenses.
3. Groceries and Daily Expenses
Groceries and daily expenses such as dining out, coffee, and personal care products can cost around INR 5,000 to INR 8,000 per month. A salary of INR 30,000 to INR 40,000 per month would be enough to cover these expenses comfortably.
4. Transportation
Transportation costs in Hyderabad are relatively low. The city offers a comprehensive public transportation system, including buses, autos, and taxis. On average, transportation costs can range from INR 1,000 to INR 2,000 per month. A salary of INR 25,000 to INR 35,000 per month would be sufficient to cover transportation expenses.
5. Leisure Activities
Leisure activities such as movies, dining out, and social events can add to the monthly expenses. These costs can vary widely depending on the individual’s preferences. However, a salary of INR 40,000 to INR 50,000 per month would provide enough flexibility to enjoy leisure activities without straining the budget.
Conclusion
In conclusion, to live comfortably in Hyderabad, a salary of INR 25,000 to INR 50,000 per month would be sufficient. This range would cover the basic needs such as housing, utilities, groceries, transportation, and leisure activities. However, it is essential to remember that individual expenses may vary based on personal preferences and lifestyle choices.
