COST OF LIVING IN CHENNAI

Cost of Living in Chennai

You’re on your way to Chennai. That name does something. It has a ring to it. A ring underlined by its history of being a force to be reckoned with. A vital stronghold of the past, the Chennai of today is modern, progressive, inclusive and so very exciting. Home to the Tamil film industry, Chennai is also a haven for some of the best R&D facilities and corporate offices in the country. So let’s just say, moving here is a pretty big step in the right direction.

But moving to Chennai is just step one. Living here is a whole other story. The vibrant, cosmopolitan vibe is a beacon. But like every beacon, it comes at a cost. We’re not being metaphorical. We’re talking about the actual cost of living in Chennai. Without much further ado, here’s the breakdown.

What is the Cost of Living in Chennai?

List of various aspects that decide the cost of living in Chennai:

  1. Accommodation
  2. Transport
  3. Groceries
  4. Utilities
  5. Leisure & Entertainment
  6. Childcare

Accommodation

This is the scenario. It’s been a long day. You’ve conquered many dragons. You just want to come home, sit back, and relax. You want to play games on your console or make the spaghetti your family loves. You can picture it right now. May we just point out that the backdrop of this lovely evening, your actual home, comes at a cost. How much, you ask? Read on.

Renting in the heart of Chennai ranges from Rs. 13,400 for a 1BHK to Rs.34,000 for a 3BHK. Away from the city center, the prices come down to a range between Rs. 7,700 for a 1BHK to 19,000 for a 3BHK. If you’re single and don’t want to live by yourself, or you’re a couple looking for added security in a new city, coliving PGs in Chennai ranging from Rs. 8,900 to Rs. 13,000 are available in the city.

Rentals in Chennai

Price Range

1BHK

Rs. 7,700 /- to Rs. 13,400/-

2BHK

Rs. 9000 /- to Rs. 23,000/-

3BHK

Rs. 19,000/- to Rs. 34,000/-

PG (Paying Guest)

Rs. 8,900/- to Rs. 13,000/-

Transport

With a population of 71 lakhs, Chennai’s roads take time to get used to. Especially on the morning commute. Knowing the cost of that commute will make things a little simpler. A one-way ticket on local transport comes to Rs. 20, while a monthly pass will put you back by Rs. 1,000. Petrol is priced at about Rs. 87 a litre, while diesel sells at Rs. 79 per litre. 

Groceries

A basic grocery list of one litre of milk and one litre of water, a loaf of bread, a dozen eggs, one kilo each of rice, apples, oranges, potatoes, onions, and cheese will cost you around Rs. 1,086. If that sounds a little steep for your budget, co-living spaces that take care of most of these necessities for you at affordable living prices might be a good option to explore.

Utilities

While we’re talking about basics, let’s talk about basic utilities. The electricity for your computer, TV, refrigerator, et al, the cooling for those hot and very hot days, the water that’ll wash off the day’s grime, and daily garbage collection will cost you Rs. 2,700 per month in Chennai.

Leisure & Entertainment

A night on the town. An evening workout. A drink with some friends. A weekend tennis game. All ways to wind down. All at a cost. How much? Well, a meal with drinks and a movie will cost you about Rs. 650 per person without taxes. That evening workout at your local gym will cost you Rs. 1,350 a month. And that tennis game on the weekend will put you back Rs. 450 for an hour.

Childcare

Everybody loves their children. And they want only the best for them. Only the best nanny, who’ll come for Rs. 12,000 per month, or the best preschool that will take Rs. 4,600 per month per child and only the best schools that will start at 1,04,000 lakh per year in primary school. The best comes at a cost. But it’s worth it in Chennai.

And that’s the economic breakdown in Chennai. We hope you have an amazing, awesome, mind-blowing life there. Best of luck!

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FAQs on Cost of Living in Chennai

Can a couple live in a coliving space?

There are unisex coliving spaces with double accommodation. So, it shouldn’t be an issue. Here is the list of various co-living spaces in Chennai that outrank local PGs:

Is paying Rs. 1,350 a month for a gym worth it?

The worth of the money spent depends on several parameters. All costs given above are an average. There are gyms that are much cheaper and much more expensive. Chennai has something for every pocket.

Can I get cheaper babysitting options in Chennai?

There are several babysitting and daycare options for young children in Chennai which range from trained babysitters to maids who double up as caretakers. All services are available online with descriptions of experience. It’s simply a matter of matching need and pocket.