Living in Bangalore is a dream come true for many students pursuing higher education. With its prestigious educational institutions and multinational companies, the city offers many opportunities. However, this dream is not without its challenges, primarily centered around the escalating living costs that can create a daunting experience for students.Â
In this blog, we’ll delve into the intricate details of the average living cost in bangalore for students, shedding light on the financial landscape, academic pressures, and strategies for a more balanced student life.
Understanding the Financial Background
Living in Bangalore, while an exciting prospect, comes with its financial realities. As one of India’s fastest-growing metropolises, Bangalore boasts a dynamic environment with high housing, food, utility, and transportation costs. Managing these day-to-day expenses becomes a delicate balancing act for students, especially those outside the city.
Accommodation
The first and foremost concern for students is finding a suitable place to stay. The city offers numerous accommodation options, ranging from Paying Guest (PG) facilities to rented flats. A comprehensive look at the average living cost in Bangalore for students in terms of accommodation reveals a spectrum:
- PG without food: ₹7,000 – ₹15,000
- PG with food: ₹10,000 – ₹20,000
- One Room Kitchen: ₹12,000 – ₹18,000
- One BHK Flat: ₹13,000 – ₹18,000
- Two BHK Flat: ₹18,000 – ₹30,000
- Three BHK Flat: ₹20,000 – ₹50,000
Understanding the average living cost in Bangalore for students involves categorizing these accommodations into below-average, average, and quality, with corresponding rent ranges.
Transportation
Getting around Bangalore is an essential aspect of student life. The city offers various modes of transportation, each with its associated costs. For students traveling within a 10-kilometer radius, daily expenses are as follows:
- Normal Bus: ₹50 – ₹70
- AC Bus: ₹100 – ₹200
- Airport Bus: ₹150 – ₹300
- Auto: ₹150 – ₹300
- Mini Cab: ₹250 – ₹500
- Sedan Cab: ₹500 – ₹700
These transportation costs contribute significantly to the students’ overall living costs in Bangalore.
Food
A crucial component of the student experience is food. Bangalore, with its rich culinary diversity, offers options for every palate. The cost of food in Bangalore varies based on the type of cuisine and the quality of the outlet:
- South Indian Food: ₹50 – ₹500
- North Indian Food: ₹100 – ₹500
Bangalore serves up a mix of food choices for students. Let’s check out the options and costs.
Out to Eat:
Grabbing a bite at a local South Indian restaurant might set you back Rs 120 per person. It’s an affordable way to taste local delights.
Cooking at Home:
Cooking at home is the cheapest and healthiest. If you hire a cook, it could be around Rs. 2000 per person each month.
Maid Services:
Getting a part-time maid (less than 5 hours) could be Rs. 1600 – 2000. For a full-time maid (24 hours), you might pay Rs. 18000 – 22000. Check out agencies like Home Maid Services and Kaamwali Bais.
Tiffin Services:
Busy schedule? Tiffin services are an option, costing around Rs. 1500 – 3000 monthly for timely meals.
Food Delivery Apps:
Swiggy and Zomato are just a tap away. Each delivery might be about Rs. 500 – 800, factoring in time and traffic. Be mindful of balancing convenience with expenses.
Staying Active in Bangalore
1. Fitness Clubs and Gyms:
Joining a gym in Bangalore usually costs around Rs. 1600. Many students find this a good way to stay fit and healthy.
2. Extracurricular Activities:
Doing sports or adventurous stuff is not too expensive. Plan on spending Rs. 500 – 1000 for these cool activities.
3. Health and Fitness Apps:
Apps like Cure. Fit and Daily Yoga are handy and cost around Rs. 300 – 500 monthly. They’re great for students who like using their phones for workouts.
Keeping fit and having fun in Bangalore doesn’t have to be costly. Whether you enjoy the gym, sports, or app workouts, there’s something affordable for everyone in this lively city.
Book Now: Luxury PG Accomodation in Marathahalli
Strategies for Coping:
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Financial Support:
Seek scholarships, part-time jobs, and beneficiary programs to ease the financial burden.
Explore on-campus job opportunities provided by educational institutions.
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Budgeting:
Create a realistic budget covering accommodation, transportation, food, and miscellaneous expenses.
Track monthly expenses to identify areas for potential savings.
Utilize Campus Resources:
Take advantage of libraries and used bookstores to minimize textbook expenses.
Explore affordable housing options recommended or facilitated by educational institutions.
Role of Educational Institutions
Educational institutions play an important part in supporting students through their academic journey. By providing access to financial aid, on-campus jobs, and more affordable housing options, colleges can contribute to easing the financial and academic stress that students often face. The role of educational institutions is not just to impart knowledge but to create an environment that fosters holistic student well-being.
Popular Affordable and Posh Places in Bangalore
From the trendy vibe of Indira Nagar to the energetic ambiance of Koramangala, let’s navigate through the posh places compatible with Students.
Indira Nagar:
- Rent: ~15,000
- Buy (INR Per sq. Ft.): ~10,000
Indira Nagar, bustling with trendy cafes, boutiques, and a lively cultural scene, reflects Bangalore’s cosmopolitan spirit. The rental and buying costs may seem higher for students, but the vibrant atmosphere and amenities make it an exciting place to consider.
Marathahalli:
- Rent: ~14,000
- Buy (INR Per sq. Ft.): ~6,000
Known for its proximity to IT hubs and entertainment avenues, Marathahalli presents a balanced blend of work and play. The rental costs are relatively more affordable, making it an attractive option for students looking for a lively yet budget-friendly neighborhood.
Jayanagar:
- Rent: ~16,000
- Buy (INR Per sq. Ft.): ~9,000
Jayanagar, a well-planned residential area, offers a balanced lifestyle with a mix of the old and the new. While the costs are relatively moderate, students can find a harmonious living experience in this neighborhood.
Whitefield:
- Rent: ~17,000
- Buy (INR Per sq. Ft.): ~8,000
Whitefield, synonymous with IT parks and cosmopolitan vibes, attracts a diverse crowd. The residential costs reflect modern amenities and a global lifestyle. For students, the costs may be on the higher side, but the vibrant atmosphere can be an appealing factor.
HSR:
- Rent: ~13,000
- Buy (INR Per sq. Ft.): ~8,000
HSR Layout, with its well-planned infrastructure, can strike a chord with students seeking a harmonious living experience. The costs are relatively moderate, making it an attractive option for students with a discerning yet budget-conscious lifestyle.
Koramangala:
- Rent: ~14,000
- Buy (INR Per sq. Ft.): ~13,000
Koramangala, a melting pot of cultures, offers a vibrant living experience. The costs, especially for buying, reflect the premium attached to this bustling locality.Â
Basavanagudi:
- Rent: ~13,000
- Buy (INR Per sq. Ft.): ~10,000
Basavanagudi, known for its cultural richness, provides a unique residential experience. The costs align with the heritage charm and premium living facilities it offers, which may attract students seeking a distinctive living experience.
Also Read: Co-living cost break down checklist
Co-living Accommodations: A Game Changer by Colive
Apart from traditional options, co-living accommodations have emerged as a game-changer, especially for students. With Colive’s listings of affordable accommodations, Students’ cost of living in Bangalore is significantly reduced with single, double, and triple-sharing rooms available. These accommodations, ranging from ₹6,000 to ₹15,000, address the accommodation needs and impact various living expenses, including food, maintenance, laundry, and property security.
Conclusion
The city’s allure as an educational and technological hub comes with the inherent challenge of managing the financial pressures of student life. While the costs may seem daunting, the strategies mentioned and the support of educational institutions can make for a more balanced and fulfilling student experience.
Top PG’s Around Bangalore
