Understanding the Living Cost in Chennai in 2023

Chennai, sometimes called the “Gateway of South India,” is renowned for its magnificent architecture, rich cultural legacy, and abundant business prospects. Chennai has been drawing visitors from all over the nation and overseas because it provides a unique blend of heritage and modernity. However, what is the cost of living in this vibrant city? Let’s examine the specifics and comprehend the living cost in Chennai.

Accommodation

Lodging is the first, and maybe most significant, item in your budget. Residents in Chennai have a variety of alternatives, ranging from luxurious apartments to guest rooms that require payment. This is a summary of the city’s lodging expenses for your living cost in Chennai:

1. Acquiring Party (APG): Chennai living costs for bachelors or students searching for cheap housing. PG rentals in Chennai normally cost between INR 6,000 and INR 12,000 a month.
2. One-bedroom apartment: The monthly rental cost of a one-bedroom flat can range from INR 8,000 to INR 15,000. The location and amenities offered may impact the cost if you calculate the cost of living in Chennai for a single person.
3. Two-Bedroom Apartment: There are 2 BHK flats available for INR 12,000 to INR 25,000 per month for people looking for a little bit more space if looking for a couple’s living cost in Chennai.
4. 3 BHK: A three-bedroom apartment may cost between INR 15,000 and INR 40,000 for larger families or individuals who want additional space.

Cost of Meals in Chennai

Another necessary component of your average cost of living in Chennai is food. Chennai has several different places to eat, and depending on your tastes, your meal costs may vary:

1. Home-Made Dinner: Meal preparation at home can be a financially advantageous decision, as the average cost of each meal is between INR 30 and INR 50.
2. The expense of Employing a Cook: If you choose to hire a cook, expect to pay between INR 2,000 and INR 3,000 monthly.
3. Lunch at a Budget Restaurant: A local restaurant can set you back between INR 100 and INR 150 per person for dinner.
4. Dinner for Two at a Reputable Restaurant: You should budget between INR 500 and INR 1,200 for two people if you want to eat at a more upmarket restaurant.
5. Per Serve Coffee/Tea: A cup of tea or coffee usually costs between INR 20 and INR 50.

Travel Cost in Chennai

It’s necessary to travel throughout the city daily, so budget for the expense of transportation while calculating living costs in Chennai:

1. One-way Bus Ticket: Bus tickets in Chennai are available for about INR 20 per passenger.
2. Bus Pass Monthly: A monthly pass for frequent bus riders’ costs INR 1,000 per person.
3. Costs per Kilometre for Taxis: Although taxi costs fluctuate, you should budget between INR 13 and INR 15 per kilometres.
4. Litre of Petrol: Fuel costs approximately INR 103 per litre if you drive a car.
5. Service Fees for Automobiles: Car maintenance can be expensive. Expect to pay between INR 800 and INR 1,000 for two-wheelers and INR 2,500 to INR 4,000 for four-wheelers every three months.

Utilities Cost in Chennai

The average cost of living in Chennai through utilities are:

1. Water, electricity, and Upkeep: The average monthly utility bill for water, power, and upkeep is between INR 1,500 and INR 3,000.
2. Mobile Bills: The monthly cost of a mobile phone plan, including data and calling, can range from INR 500 to INR 700.
3. TV and Broadband Internet: For television services and broadband internet, budget between INR 900 and 1,500.
4. Cooking Gas: The average cost of cooking gas is INR 1,068.

Education Fees in Chennai

The average living cost in Chennai through education is:

1. Kindergartens and Preschools: Preschool and kindergarten tuition typically costs between INR 4,000 and INR 6,000 per month.
2. Elementary Education: The monthly fees for primary school education might range from INR 3,000 to INR 10,000.
3. Global Education: Chennai’s cost of living for students in international schools in the city often ranges between INR 12,000 and INR 15,000 a month in fees.

Conclusion

Depending on your lifestyle and personal preferences, the living cost in Chennai can vary greatly. Although the expenditures listed above give you a rough sense of what to budget, your actual Chennai living expenses might differ. Making a customised budget that considers your situation is crucial to ensuring you can comfortably pay for your Chennai living expenses in this vibrant, culturally diverse city. If you are searching for a home to buy or live in a rental apartment, you must check verified property listings on NoBroker.in to save time and money!