Cost of Living in Mumbai, India

Mumbai, India's financial powerhouse and home to Bollywood, is a city of staggering contrasts. Known as the 'City of Dreams,' it offers a lifestyle that ranges from the ultra-luxury skyscrapers of Worli to the bustling street markets of Colaba. While Mumbai is the most expensive city in India—particularly regarding real estate—it offers a high level of convenience and a vibrant cosmopolitan culture. For expats and travelers, the cost of living is highly dependent on the neighborhood, with South Mumbai and Bandra commanding global prices, while the suburbs offer more moderate options.

Rent & Housing Prices in Mumbai

1bed center₹45,000 - ₹75,000 ($540 - $900)

3bed center₹130,000 - ₹250,000 ($1,560 - $3,000)

3bed outside₹70,000 - ₹110,000 ($840 - $1,320)

1bed outside₹25,000 - ₹40,000 ($300 - $480)

Food & Dining Prices

Meal, Inexpensive Restaurant₹350 ($4.20)

Three-course Meal for 2, Mid-range₹2,500 ($30.00)

McMeal at McDonalds₹500 ($6.00)

Domestic Beer (0.5L draught)₹250 ($3.00)

Cappuccino (Regular)₹220 ($2.65)

Milk (1 liter)₹68 ($0.82)

Transportation & Commuting

taxi start₹28 ($0.34)

one way ticket local₹20 ($0.24)

gasoline liter₹106 ($1.27)

monthly pass₹500 ($6.00)

Salary & Financing

avg salary₹62,000 ($745)

mortgage rate8.5% - 9.5%

Quality of Life

Mumbai provides a high energy and excellent career opportunities, but it ranks moderately on quality of life due to high population density, traffic congestion, and air pollution. Healthcare in private hospitals is world-class, and the city is considered one of the safest in India for women and solo travelers. Infrastructure is rapidly improving with the expansion of the Mumbai Metro network.

3 Days in Mumbai: A Budget Itinerary

Day 1

Start at the Gateway of India and take a heritage walk through Colaba. Visit the Chhatrapati Shivaji Maharaj Vastu Sangrahalaya museum and end the day watching the sunset at Marine Drive.

Day 2

Take a morning ferry to the Elephanta Caves. Return and explore the Crawford Market and the historic Chhatrapati Shivaji Terminus (CST). Experience a local train ride to Dadar for authentic Maharashtrian street food.

Day 3

Head north to Bandra to see the Bandstand Promenade and visit Mount Mary Church. Spend the evening at Juhu Beach enjoying Pav Bhaji and Gola from the street stalls.

Popular Flights to Mumbai

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