The cost of living in Noida can change depending on lifestyle choices, preferred accommodation, and available transit. Here’s a closer look at a few things you should consider before relocating to a busy city.
Because of its many corporate offices and technology hubs, Noida, a thriving city near the capital, is a popular choice for working-class individuals. It is one of the most sought-after suburbs in the NCR because it is a more cost-effective option than Gurgaon. Even though the city has affordable options for buyers and renters, being aware of Noida’s cost of living can help you budget your spending, especially if you plan to be in the area for a while.
Crucial factors to take into account
Some significant considerations to make when estimating the cost of living in Noida are:
- Your current occupation or career
- Whether you are supporting a family or living alone
- Your present financial situation
- Are you going to purchase or rent a home in Noida?
- The way you live
- Expenses associated with education
- Transportation costs
- Food-related expenses
- Utility bills for the garbage disposal, TV, gas, electricity, and housekeeping services, among other things
Living expenses in Noida in 2023
The vibrant city of Noida offers a plethora of leisure and lifestyle-oriented activities. Still, the prices are appealing when the amenities and conveniences are available here. These are a few expenses you might have if you decide to move to Noida. The following costs represent an approximation of the actual cost of living in Noida:
Expenses | Average Cost |
2 BHK apartments for rent | Rs 15000 |
Cost of 2 BHK apartment in Noida: Rs 50 lakh | Rs 50 lakh |
Local travel costs, such as monthly train pass | Rs 1,000 |
Utilities such as Garbage disposal, water, and electricity | Rs 4,000 |
Household domestic help for cooking and cleaning | Rs 5,000 |
Groceries | Rs 6,000 |
Lifestyle expenses | Rs 10,000 |
The cost of a meal for one person in an inexpensive restaurant | Rs 300 |
Noida is still a popular destination for buying and renting because most people find it a cheap spot to stay. A few lifestyle adjustments will help those who wish to reduce their expenses.
The cost of living for singles in Noida in 2023
Costs and rentals for real estate
In Noida, bachelor quarters run between Rs 5,000 and Rs 10,000 a month. For bachelors or students, there are plenty of 1 BHK apartments readily available. If these apartments are available for rental on a shared basis, the cost might be even lower.
Living Expenses
In Noida, a bachelor’s cost of living will be about Rs 5,000. It will cover the price of maintenance, domestic help, electricity bills, and internet. Extra amenities are also available, but they come at an additional cost.
Transportation
Depending on the place of work, college, and the available commute, an individual living alone in Noida can manage their transportation for less than Rs 1,500. Staying at your office or college is the best option for travel around Noida by metro, rickshaw, or auto.
Living style
Noida offers lifestyle options, from opulent clubbing to basic pleasures. The monthly expenses for a bachelor would be approximately Rs 5,000, depending on lifestyle choices.
Cost of living in Noida for families in 2023
The expenses for families wishing to relocate to Noida may be slightly more than those for single people. The total cost of living in Noida for a family with children is approximately Rs 50,000. Families can choose from well-built 2 BHK and 3 BHK apartments.
Family outlays
With all costs, including tuition, extracurricular activities, and household assistance, a family of four should budget between Rs. 35,000 and Rs. 40,000 per month.
Transportation cost
A family with a car will spend roughly Rs10,000 on transportation each month. Alternatively, public transport could only cost you Rs 3,000.
Cost of living for working couple in Noida
The type of locality that a couple chooses to live in Noida will determine their total expenses. Certain luxurious areas provide a 1 BHK apartment for about Rs 20,000 per month. Affordable options are available in other regions as well, though. The couple’s monthly household expenses would come to about Rs 15,000, while their monthly transportation expenses would total almost Rs 5,000.
Your lodging will be one of your main costs while visiting Noida. Property values are rising even though rental values are affordable. Therefore, people who intend to stay in Noida longer may want to contemplate purchasing something. You will be the property’s owner even though you must make the EMI payments.