Comprehensive Guide to Cost of Living in Hyderabad:

 

Six times winner of ‘the best Indian city to live in’ on Mercer’s Quality of Living- City Ranking, Hyderabad has been a highly popular city among millennials and working professionals. For the digital nomads who are always on the lookout for career growth opportunities, Hyderabad’s thriving IT sector, this city offers a promising future.  This influx of working professionals from across the country has led to a high demand for luxury rentals in Hyderabad, especially studio rooms for rent in Kondapur.

 

As the citywide demand for housing increases, so does the need to scrutinise the cost of living in Hyderabad. Fret not, this comprehensive guide will help you calculate your cost of living in Hyderabad, providing invaluable insights on renting spaces, managing utility costs, commuting and more. For those who prefer convenience over costs and are considering premium living options, in this blog, we will also explore how Housr’s fully furnished, fully managed 1BHK rooms for rent in Kondapur, Hyderabad are the most practical place to live.

 

Renting Costs

Studio rooms: Renting costs significantly affect the cost of living. If you want to calculate an average rent expense, consider the monthly expense for studio rooms for rent in Kondapur and other key neighbourhoods. It usually costs between INR 15,00 & INR 25,000 depending on the building, location and accessibility to key areas such as Hitex City and Corporate Parks.

 

1 BHK Apartments: Seldom out of demand, 1 BHK apartments are the most practical choice for millennials and working professionals due to their ideal combination of comfort and privacy. Not just practical, they are also cost-effective; for instance, a 1 BHK Apartment for Rent in Kondapur, Hyderabad, costs between INR 20000 to INR 35000, based on its proximity to IT hubs and Corporate Parks.

 

Luxury Rentals: Hyderabad’s burgeoning infra has led to increased incomes for its dwellers. This, in turn, has given way to increased demand for premium living spaces among the upwardly mobile population. For those looking for an elevated living space with premium amenities, coliving spaces in Hyderabad are a great fit. These spaces come with all-inclusive amenities, fully furnished spaces that are professionally managed, and access to community events, making them a holistic accommodation choice.

 

Maintenance & Utility Costs

After factoring in the costs of rent, another monthly expense that you should be extremely mindful of while moving to a new city is the costs associated with maintenance and utilities. While these depend a lot on variable factors such as the neighbourhood, size of accommodation, availability and accessibility to utility stores and more, having a little foresight never hurts your pocket. Taking the essential ones into account, such as electricity, water and internet, on average, a small apartment’s utilities can cost anywhere between INR 3000- INR 3500 per month.

 

In this regard, Housr coliving and studio rooms for rent in Kondapur are a saviour due to their all-inclusive amenities, including in-house fitness centres and recreational facilities, providing a value-added living experience.

 

Groceries & Dining

Hyderabad is renowned as the haven for great food and culinary delights. Even in terms of groceries, the city is quite friendly for every pocket with its varied budget-friendly markets as well as upscale supermarkets. Monthly expenses for a single person’s grocery can range from INR 3000 to INR 5000, depending on your shopping habits and preferences.

 

The dining scene in Hyderabad is equally vibrant and dynamic. While a meal at a casual restaurant can cost between INR 200-500, fine dining can cost anywhere from INR 1000- INR 4000 for a single person.

 

Leisure & Entertainment

As dynamic as the city of pearls, Hyderabad is, it does offer a wide array of entertainment options. From multiplexes to malls to rich historical landmarks and serene parks, the city offers some of the most vibrant social experiences. While a cinematic experience can cost you up to INR 200 to 400 per person, gym memberships range from INR 1500 to INR 3000.

 

If you don’t wish to get into the hassle of all these multiple memberships and added expenses, you must consider Housr Homes in Hyderabad. Unlike traditional flats for rent in Hyderabad, these spaces offer access to state-of-the-art fitness centres, entertainment zones, an in-house cafeteria and more, all covered in your monthly rentals.

 

Conclusion

Hyderabad is a city that caters to diverse pockets. Thus, the cost of living in Hyderabad is a broad spectrum compared to other major Indian cities. Whether you choose studio rooms for rent in Kondapur or 1 BHK Room for Rent in Kondapur, Hyderabad provides you with varied options that cater to different budgets and preferences.

 

Choosing suitable accommodation that fits your lifestyle choices & considering the cost of living, including rent, utilities, groceries and leisure expenses, is key to creating a value-for-money living experience in Hyderabad.