Pune, the second-largest city in Maharashtra, is often known as the Oxford of the East. The city attracts students, young professionals, and families owing to its IT hubs, prestigious schools and colleges, and cultural diversity. If you are also thinking of moving to the city, you should know about the cost of living in Pune. After all, you have to factor in housing, daily expenses, and transportation and make sure you can lead your lifestyle the way you want. Pune generally has a lower cost of living and it is 10% more affordable than Mumbai.
Moreover, the rent prices in Pune are 64% lower than in Mumbai and 33.8% lower than in Bangalore. There are also other factors you need to consider when calculating the living expenses in Pune. Here, we offer a complete guide to the living costs in Pune for students, working professionals, and families. Let’s take a look below!
A Breakdown of Cost of Living in Pune in 2025
Pune is home to renowned universities such as Symbiosis International University and Fergusson College, attracting students from across India. The city offers a vibrant student life with the cost of living being relatively affordable. On the other hand, Pune is thriving with IT companies, such as Tata Consultancy Services, Infosys, and Wipro. The startup ecosystem is also growing along with coworking spaces and opportunities for networking.
Since the city has an employability rate of 75%, families find the city to be a great place to live. In addition, the presence of quality schools like Vibgyor High and Delhi Public School and healthcare facilities such as Jehangir Hospital and Ruby Hall Clinic is why people choose to shift here.
| Category | College Students | Young Professionals | Families |
| Average Monthly Cost | ₹20,000 – ₹30,000 | ₹45,000 – ₹70,000 | ₹112,885 – ₹137,880 |
| Housing (Rent) | ₹8,000 – ₹15,000 (PG/Shared) | ₹15,000 – ₹25,000 (1BHK) | ₹25,000 – ₹60,000 (2BHK) |
| Utilities | ₹1,500 – ₹3,000 | ₹2,500 – ₹5,000 | ₹5,000 – ₹7,000 |
| Groceries | ₹3,000 – ₹5,000 | ₹4,000 – ₹6,000 | ₹10,000 – ₹15,000 |
| Transportation | ₹1,000 – ₹2,500 | ₹3,000 – ₹6,000 | ₹10,000 |
| Entertainment | ₹2,000 – ₹4,000 | ₹3,000 – ₹5,000 | ₹5,000 |
1. Cost of Accommodation in Pune
From upscale, gated societies to budget-friendly apartments, Pune offers a range of accommodation options. The rental prices depend on location, amenities, and size, and you can find an apartment according to your budget. For example, a 1 BHK apartment in a popular locality in Pune ranges from ₹12,000- ₹25,000 monthly. However, a 2 BHK apartment can be around ₹40,000 and more in a posh area in Pune.
Of course, the rent in Pune depends on the locality, local administration, and nearby amenities. You should also save up for the security deposit which is another expense to consider while calculating the cost of living in Pune.
| Apartment Type | Posh Areas | Rental Prices (₹) | Affordable Areas | Rental Prices (₹) |
| 1 BHK | Kalyani Nagar | 20,000 – 26,000 | Hadapsar | 6,000 – 10,500 |
| Baner | 25,000 – 45,000 | Mundhwa | 8,000 – 15,000 | |
| Viman Nagar | 18,000 – 36,000 | Wakad | 7,000 – 12,000 | |
| Aundh | 22,000 – 30,000 | Kothrud | 5,000 – 10,500 | |
| 2 BHK | Kalyani Nagar | 30,000 – 50,000 | Pimple Nilakh | 14,504 – 19,000 |
| Baner | 35,000 – 60,000 | Wagholi | 16,500 – 20,000 | |
| Viman Nagar | 40,000 – 55,000 | Thergaon | 10,500 – 20,000 | |
| Aundh | 45,000 – 70,000 | Hinjewadi | 15,000 – 25,000 |
Also Read: 6 Best Posh Areas In Pune: Average Sale & Rent Prices
PGs for Students and Young Professionals in Pune
PGs are a great choice for young professionals and students due to their affordability and convenience. Most PGs offer essential amenities such as fully furnished rooms, meals, WiFi, and security features. If you are looking for the most affordable option, you can choose shared occupancy. However, single rooms are also available for rent.
| Area | Type of PG | Rental Prices (₹) |
| Kalyani Nagar | Boys/Girls | 10,000 – 15,000 |
| Baner | Boys/Girls | 12,000 – 20,000 |
| Viman Nagar | Boys/Girls | 8,000 – 16,000 |
| Aundh | Boys/Girls | 10,000 – 18,000 |
| Hadapsar | Boys/Girls | 6,500 – 12,000 |
| Hinjewadi | Boys/Girls | 7,500 – 14,000 |
| Pimpri Chinchwad | Girls | 3,500 – 8,000 |
| Mundhwa | Boys/Girls | 5,000 – 10,000 |
| Kothrud | Boys/Girls | 6,000 – 11,000 |
| Pashan | Boys | 8,000 – 15,000 |
Also Read: Best Packers And Movers In Pune: How To Find The Right One
2. Utility Costs in Pune
The cost of utilities plays a major role in calculating the monthly expenses in Pune. The average monthly utility costs for households usually range from ₹2,000 to ₹5,000 based on the size of the daily usage and the size of the apartments. Electricity bills are a major component, with costs averaging from ₹1,000 to ₹2,000 for a 1 BHK apartment and around ₹2,500 for larger units. Water charges are relatively low, ranging from ₹200 to ₹500 monthly, based on your consumption. As we need internet for every aspect of our lives, you can get broadband packages between ₹500 and ₹1,200 per month. When calculating the cost of living in Pune, you should consider cooking gas expenses averaging between ₹500 and ₹1,000 per month.
| Utility | Cost Range (₹ per month) |
| Electricity (Families) | 1,500 – 3,000 |
| Electricity (Bachelors) | 800 – 1,500 |
| Water | 200 – 500 |
| Internet | 500 – 1,200 |
| Cable TV | 300 – 600 |
| Gas (Cooking) | 500 – 1,000 |
3. Costs of Transportation in Pune
In Pune, you can travel by bus and metro, if you want to save on your cost of living. Bus fares range from ₹10 to ₹50 per trip, while metro fares are also affordable ranging from ₹10 to ₹40. For regular commuters, monthly passes for buses cost between ₹1,200 and ₹1,800. However, you can get monthly passes for the metro between ₹1,000 and ₹1,500. If you have a private vehicle, the petrol prices are around ₹110 per litre and diesel is around ₹95 per litre. You can use ride-sharing services like Uber and Ola, with average monthly costs between ₹3,000 and ₹6,000 based on how frequently you travel.
Also Read: 6 Nightclubs In Pune You Must Visit: Location, Timings, Rating
4. Costs of Dining Out in Pune
Pune is dotted with mid-scale and fine-dining restaurants, so your craving for your eating out is always sorted. If you go to a mid-range cafe, it will cost you around ₹1,000. In addition, the city is filled with multiple old Irani cafes that are not hard on your wallet either. If you hire a daily cook for your daily meals, you can keep a budget between ₹1,000 and ₹2,000. You can find street food ranging from ₹30 to ₹150 per item, and fast food meals are between ₹150 and ₹400.
| Dining Option | Cost Range (₹) |
| Casual Dining (per person) | 300 – 800 |
| Mid-range Restaurants (for two) | 1,200 – 2,500 |
| Fine Dining (for two) | 2,500 – 5,000 |
| Street Food | 30 – 150 |
| Fast Food (per meal) | 150 – 400 |
5. Costs of Groceries
While many consider the rental prices and transportation costs as the core components of living expenses in Pune, they miss out on groceries. The monthly grocery expenses range from ₹4,000 to ₹15,000 based on your household size and dietary preferences. Milk costs around ₹58 per litre, rice ₹58 per kg, and eggs are around ₹74 per dozen. Overall, the grocery costs in Pune are influenced by seasonal availability and market conditions.
| Grocery Item | Cost Range (₹) |
| Milk (1 litre) | 52 – 80 |
| Fresh Bread (500g) | 30 – 80 |
| Rice (1 kg) | 40 – 80 |
| Eggs (12 units) | 60 – 120 |
| Local Cheese (1 kg) | 250 – 1,000 |
| Chicken (1 kg) | 160 – 500 |
| Apples (1 kg) | 100 – 300 |
| Bananas (1 kg) | 60 – 150 |
| Oranges (1 kg) | 60 – 150 |
| Tomatoes (1 kg) | 24 – 100 |
| Potatoes (1 kg) | 20 – 40 |
| Onions (1 kg) | 30 – 65 |
| Pulses (1 kg) | 80 – 120 |
| Cooking Oil (1 litre) | 100 – 150 |
Also Read: 5 Biggest Malls In Pune: Know Where To Shop And Dine
The average living cost in Pune is around ₹137,880 for a family of four, while the cost of living is around ₹54,941 for a single individual. Housing costs vary based on the area, and renting a one-bedroom apartment in Koregaon Park or Kalyani Nagar will cost you around ₹20,000. Overall, Pune offers a balanced lifestyle with a range of amenities and opportunities for students and professionals. In case you are moving to the city for the first time and worried about furnishing, you can get the home furniture and appliances on rent. Check out RentoMojo today!
Frequently Asked Questions
1. How much salary is enough to live in Pune?
To comfortably live in Pune, a monthly salary of around ₹50,000 to ₹70,000 is generally considered sufficient, allowing for a reasonable standard of living that covers housing, utilities, groceries, transportation, and leisure activities.
2. What is the cost of living in Pune vs Bangalore?
The cost of living in Pune is generally lower than in Bangalore, with Pune’s average rent for a 1-bedroom apartment ranging from ₹15,000 to ₹20,000 compared to Bangalore’s ₹25,000 to ₹30,000, along with grocery and utility expenses being approximately 10-15% cheaper in Pune.
3. What are the PG rates in Pune?
As of January 2025, the rates for paying guest (PG) accommodations in Pune typically range from ₹3,500 to ₹20,000 per month, depending on factors such as location, amenities, and whether the room is shared or private.
4. Is Pune a good place to live?
Pune is considered a good place to live due to its affordable housing, thriving job market, particularly in the IT sector, pleasant climate, and balanced lifestyle that combines urban amenities with a rich cultural heritage.
5. Is 25k enough to live in Pune?
A monthly salary of ₹25,000 may be challenging to live on in Pune, as basic expenses such as rent, utilities, groceries, and transportation typically exceed this amount, with average living costs for a single person estimated around ₹54,941.
6. What is the cost of living in Pune for a single person?
The estimated cost of living in Pune for a single person is approximately ₹54,941 per month, which includes expenses for rent, utilities, groceries, transportation, and other daily necessities.
7. Which area is famous for living in Pune?
Koregaon Park is one of the most famous areas for living in Pune, known for its upscale residential properties, vibrant lifestyle, and proximity to various amenities and entertainment options.
