Jun 22, 2023

Homebuyer's Guide for Cost of Living in Chennai

by Godrej Properties Limited

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Chennai, a city with a diverse culture and advanced industries, can be the place to live out your social life and progress your profession. One of the most forward-thinking and contemporary places to live in is Chennai. Living in Chennai and the hub of R&D facilities and the car sector is rewarding.

Read through this essential advice before you visit the city.

Which Factors Should Be Considered Before Moving To Chennai?

Consider the variables that affect the cost of living in Chennai before deciding whether to relocate there. These variables include your occupation, the type of residence you would select, whether you would be moving with family or not, the cost of your education, your travel costs, and more.

What is The Cost Of Living In Chennai?

The following are the projected costs for living in Chennai:

Rates For Property And Rent

There are numerous 1BHK and 2BHK apartments available for rent in Chennai. These apartments have a rent range of Rs 10,000 to Rs 25,000. This would prove to be beneficial for the cost of living for students in Chennai.

Household Expenses

The cost of living in Chennai for a bachelor would depend on certain household expenses. The overall expenses, in that case, would be approximately Rs 3,000. This comprises of costs related to the Internet, domestic help, electricity, house maintenance, and more.

Transportation

In Chennai, public transport costs about Rs 500 to Rs 1000 and consists of the metro and buses.

Lifestyle

With clubs and restaurants to visit, Chennai residents' lifestyles can be both primary and opulent. Chennai is renowned for its culture and location with numerous historic landmarks worth seeing. In Chennai, a basic way of living would cost about Rs 3,000.

What Is The Cost Of Living In Chennai For Families And Working Couples?

Families may find living expenses in Chennai to be slightly higher. There are a lot of fees to consider, including those for child care and home help. Therefore, a family's overall expenses for living in Chennai will be close to Rs 50,000. Various 2BHK & 3 BHK apartments like Godrej Palm Grove are available and popular and good for families. Monthly bills, domestic help, food, transportation, and other fees are all considered household expenses. The cumulative costs of these expenses will be approximately Rs. 15,000.

Given the home they are living in, a working couple living in Chennai will spend about Rs 25,000 per month on living expenses.

Ending Note

The average cost of living in Chennai is estimated in this manner. Where you choose to live in the city will determine the exact amount. A few good residential areas are Besant Nagar, Kotturpuram, Mylapore and Nungambakkam, amongst others.


 

Related FAQs

1. Which are the posh areas in Chennai?

Mylapore, Kottrpuram, Vadapalani, and Besant Nagar are some of the posh areas in Chennai.

2. In Chennai, where should you rent?

Anna Nagar, Alwarpet, and Adyar are a few good areas to rent a place in.

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