A Complete Guide of Living in Pune

A Complete Guide of Living in Pune (Pros & Cons, Cost, Benefits & More)

Pune is the second biggest city in Maharashtra and the average cost of living in the city is also on the higher side. The city is extremely expensive to live in with the expenses being on the steeper side. The cost of living in Pune depends on a range of expenses like meal wage, house rent, lifestyle expenses, transportation cost etc. Based on the reports, the typical cost of living in Pune is higher than in Delhi, and Noida but less than in Mumbai and Chennai. In this article, we have discussed the detailed cost of living in Pune, pros and cons and other factors. 

Cost of Living in Pune

The cost of living in Pune usually depends on the type of accommodations, transportation cost, monthly pass, meal cost etc. With this, the average cost of living in Pune varies between Rs 30,000 to Rs 65,000. You can get an idea of the total cost breakup in the table below. 

Expenses Average cost
Meal for two, in an average restaurant Rs 1,400.00
Monthly pass for local transport Rs 1,000
Taxi fare (per km) Starts at Rs 50 (Rs 18 per km)
Car fuel Rs 106.35 per litre
Monthly electricity bill (cooling, heating) for an 800-sq ft apartment Rs 2,370.88
Broadband internet (per month) Rs 823.42
Gym membership (per month) Rs 1,657.50
School fee (primary) yearly Rs 154,617.65
Rent for 1BHK (per month) Rs 8,000-Rs 25,000
Cost of 1BHK Rs 43 lakhs – Rs 1 crore
Fruits (1kg) Rs 160
Vegetables (Potato, Onion, Lettuce) Rs 90

Cost of Living in Pune for Bachelors/Students

The cost of living in Pune for students depends on the average expense of an individual. The rent of apartments starts from Rs 8000 for 1 BHK configuration. Other expenses amount to Rs 8 to 10,000 making the total expenditure Rs 16 to Rs 18,000 monthly. 

Expenses Average expenditure
1 BHK apartment rent Rs 8,000 onwards
Transport Rs 1,500 onwards
Household expenses Rs 3,000 onwards
Bills Rs 2,000 onwards
Lifestyle Rs 1,500 per person per day on average

Cost of Living in Pune for Families

Refer to the table below to know about the cost of living in Pune for a family of four. 

Expenses Average expenditure
2 BHK apartment rent Rs 17,000 onwards
Ownership Rs 5,000 onwards
Household expenses Rs 4,000 onwards
Public transport Rs 1, 500 onwards
Vehicle Rs 5,000 
Overhead costs Rs 8,000 onwards

Cost of Living in Pune for Couples

The cost of living in Pune for couples is not that much and depends on the overall expense spent. Expenses like accommodation rent, household expenses, bills and overhead expenses make up the expense sheet of the couple. Here is a complete breakup of the expenses. 

Expenses Average expenditure
1 BHK apartment rent Rs 8,000-15,000
2 BHK apartment rent Rs 17,000 onwards
Cost of residential properties Rs 5,000 per sq ft onwards
Household expenses Rs 6,000 per person per month
Bills Rs 3,000 per month 
Overhead expenses Rs 6,000 per person 
Lifestyle Rs 1,500 per person 

Factors Affecting the Cost of Living in Pune

A lot of factors including everyday expenses affects the cost of living in Pune. The basic factors or expenses include healthcare costs, taxes, housing costs and inflation rates. You can know about the same in the section below. 

  1. Healthcare Costs
  2. Entertainment and Recreation Expenses
  3. Utility Charges
  4. Taxes
  5. Housing Costs
  6. Transportation Expenses
  7. Food and Dining Prices
  8. Education Expenses
  9. Inflation Rates
  10. Location within the City

Pros and Cons of Living in Pune

Pune is a vibrant city to live but there are both pros and cons associated with the city.  There are several advantages and disadvantages that can be found in Pune. Refer to the table below to know about the major pros and cons of Pune city. 

Pros of Living in Pune Cons of Living in Pune
Pleasant Climate Traffic Congestion
Educational Hub Water Shortages
Emerging IT and Tech Hub Limited Public Transport
Cultural and Historical Heritage Increasing Cost of Living
Green Spaces and Nature Limited Job Opportunities

pune city map

Affordable Places to Rent in Pune

Pune city is divided into three categories, posh localities, affordable areas and best PGs. One can choose the area depending on their total budget out of the three. Refer to the table below to know about the major places to rent in Pune. 

Posh Areas in Pune Affordable Areas in Pune Best PGs in Pune
Koregaon Park Waghori-Bakori Kharadi
Kothrud Bhugaon  Narhe
Shivaji Nagar Pune-Mumbai Expressway Baner
Magarpatta area Undri-Pisoli Karve Nagar
Ashok Nagar Hadapsar Wadgon Sheri
Sangamwadi Katraj Tahawada
Viman Nagar Akurdi Wakad

 

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Average Salary in Pune

The average salary of a person living in Pune depends on his qualification, experience, industry and the designation in which he works. The minimum salary in Pune is Rs 8 LPA whereas the highest package goes upto Rs 26 lakhs. 

Profession Annual income
Software Engineer (5 years experience) Rs 13 lakh
Lead Engineer Rs 25 lakh
Marketing Manager Rs 24 lakh
Accountant Rs 10 lakh

Top 5 Social Joints in Pune

If you are willing to live in Pune then the following are the top five areas for socialising in the city. 

  1. Koregaon Park

Koregaon Park is one of the most famous and upscale neighbourhoods in Pune. It is known for its vibrant nightlife, with numerous cafes, restaurants, and lounges. The area attracts a diverse crowd of locals, expatriates, and tourists.

  1. FC Road 

FC Road is a bustling street near Fergusson College and a hub for students and young professionals. It offers a wide range of eateries, street food vendors, trendy cafes, and shops. 

  1. Viman Nagar

Viman Nagar is a rapidly developing area with a mix of residential and commercial spaces. It has several cafes, pubs, and entertainment centres, making it a popular socialising spot for residents in the vicinity.

  1. Balewadi High Street

Located in the Balewadi area, Balewadi High Street is a trendy destination with various restaurants, bars, and entertainment options. The place has a relaxed ambience and is a preferred social area for many locals.

  1. Aundh

Aundh is a vibrant locality with a significant urban presence. The area has a wide variety of restaurants, cafes, and hangout spots, making it a favoured place for social gatherings.

Weather in Pune

Pune has a hot semi-arid climate and the usual weather of the city is dry to hot. The usual temperature of the city falls between 19 to 33 degree Celsius on regular days. Pune has a comfortable climate all over the year making it a great city to work in. 

Transportation Facility in Pune

There are a lot of transportation facilities in Pune that offer smooth conveyance from one place to another. Some of the major modes of transport are local transport, taxi and cab. The following is the price list for the different transportation facilities in Pune. 

Transport Price (Rs)
One-way Ticket (Local Transport) ₹15 – ₹50
Monthly Pass (Regular Price) ₹600 – ₹2000
Taxi Start (Normal Tariff) ₹30 – ₹100
Taxi 1km (Normal Tariff) ₹12 – ₹30
Taxi 1hour Waiting (Normal Tariff) ₹60 – ₹200
Gasoline (1 liter) ₹90 – ₹100

Jobs and work opportunities in Pune

Pune is a hub of various industries like IT, Manufacturing, Healthcare, real estate etc. This offers a range of job opportunities to people seeking employment. These industries offers employment to both freshers and experienced personnels. Know about the major jobs and work opportunities available in Pune. 

  1. Information Technology (IT) and Software
  2. Automotive and Manufacturing
  3. Education and Teaching
  4. Banking and Financial Services
  5. Healthcare and Pharmaceuticals
  6. E-commerce and Retail
  7. Real Estate and Construction
  8. Hospitality and Tourism
  9. Consulting and Professional Services
  10. Media and Entertainment
  11. Pharma Research and Development

FAQs

1. What are the pros of living in Pune?

Ans. The pleasant climate and educational institutes make Pune one of the best cities to live in.

2. What is the average cost of living in Pune per month?

Ans. The average cost of living in Pune per month is Rs 25,000 to Rs 75,000.

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