Cost of Living Comparison Between Mumbai (Bombay) and Akola Cost of Living Comparison Between Mumbai (Bombay) and Akola

Monthly Cost of Living

A single person spends $781 per month in Mumbai (Bombay) vs $366 in Akola, rent included.

A couple spends around $1,281 per month in Mumbai (Bombay) vs $562 in Akola, rent included.

A family of three spends $1,781 per month in Mumbai (Bombay) vs $757 in Akola, rent included.

Mumbai (Bombay) costs about 113% more than Akola, driven mainly by Eating Out.

Both Mumbai (Bombay) and Akola are more affordable than the global median – Mumbai (Bombay) 42% lower, Akola 73% lower.

Meal at Budget Restaurant

$5.13 ₹488

$0.88 ₹83.7

482.95%

Three-Course Dinner for Two, Mid-Range

$22.35 ₹2,126

$7.02 ₹668

218.38%

Fast Food Meal (McDonalds, etc)

$4.69 ₹446

$2.98 ₹283

57.38%

Cappuccino

$2.65 ₹252

$1.49 ₹142

77.85%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.47 ₹44.56

$0.45 ₹43.19

4.44%

Water (0.33 liter bottle)

$0.19 ₹18.19

$0.14 ₹12.99

35.71%

Local Beer (0.5 liter draught)

$2.28 ₹217

$1.77 ₹168

28.81%

Imported Beer (0.33 liter bottle)

$4.12 ₹392

$3.06 ₹291

34.64%

Milk (1 liter)

$0.74 ₹70.2

$0.76 ₹72.1

-2.63%

White Bread (500g)

$0.52 ₹49.55

$0.46 ₹43.84

13.04%

Rice (white) (1kg)

$0.84 ₹79.5

$0.57 ₹54.0

47.37%

Eggs

$1.07 ₹102

$0.87 ₹82.5

22.99%

Local Cheese (1kg)

$7.05 ₹671

$5.60 ₹532

25.89%

Chicken Fillets (1kg)

$3.93 ₹374

$2.37 ₹225

65.82%

Apples (1kg)

$2.34 ₹223

$1.98 ₹188

18.18%

Banana (1kg)

$0.77 ₹73.1

$0.61 ₹57.6

26.23%

Oranges (1kg)

$1.31 ₹125

$0.99 ₹94.2

32.32%

Tomato (1kg)

$0.64 ₹60.6

$0.59 ₹56.6

8.47%

Potato (1kg)

$0.53 ₹50.0

$0.39 ₹37.53

35.90%

Onion (1kg)

$0.63 ₹59.7

$0.36 ₹34.59

75.00%

Lettuce (1 head)

$0.69 ₹65.7

$0.50 ₹47.15

38.00%

Water (1.5 liter bottle)

$0.35 ₹33.47

$0.31 ₹29.07

12.90%

Cigarettes 20 Pack (Marlboro, Camel)

$4.16 ₹396

$2.38 ₹226

74.79%

Wine (Bottle)

$8.59 ₹817

$4.27 ₹407

101.17%

Local Beer (0.5 liter bottle)

$2.14 ₹203

$2.08 ₹198

2.88%

Imported Beer (0.33 liter bottle)

$3.24 ₹309

$3.98 ₹379

-18.59%

Buffalo Round (or Equivalent Back Leg Red Meat) (1kg)

$7.22 ₹686

$2.36 ₹224

205.93%

One-way Ticket (Public Transport)

$0.24 ₹22.96

$0.24 ₹22.92

Public Transport Monthly Pass (Regular Price)

$4.73 ₹450

$7.11 ₹676

-33.47%

Taxi Start (Normal Tariff)

$0.37 ₹34.92

$0.56 ₹53.3

-33.93%

Taxi (Normal Tariff) (1km)

$0.24 ₹22.91

Taxi 1hour Waiting (Normal Tariff)

$1.43 ₹136

$1.47 ₹140

-2.72%

Gasoline (1 liter)

$1.22 ₹116

$1.25 ₹119

-2.40%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$17.4K ₹1.7M

$11.7K ₹1.1M

48.09%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$25.4K ₹2.4M

$16.3K ₹1.6M

55.68%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$51.2 ₹4,865

$33.03 ₹3,141

54.86%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$5.03 ₹478

$3.53 ₹336

42.49%

Internet (50+ Mbps, Unlimited Data)

$8.65 ₹823

$8.67 ₹825

-0.23%

Gym Membership (Monthly)

$22.99 ₹2,186

$17.77 ₹1,690

29.38%

Tennis Court (1 Hour on Weekend)

$11.83 ₹1,125

$3.54 ₹337

234.18%

Cinema Ticket

$4.53 ₹431

$3.56 ₹339

27.25%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$121 ₹11.5K

$50.6 ₹4,810

139.92%

International Primary School, 1 Child (Yearly)

$3,356 ₹319.1K

$1,600 ₹152.2K

109.73%

Jeans (Levis 501 Or Similar)

$29.19 ₹2,776

$20.89 ₹1,986

39.73%

Summer Dress (H&M, Zara, etc)

$30.76 ₹2,925

$27.00 ₹2,568

13.93%

Sport Shoes (Adidas, Nike)

$56.6 ₹5,385

$55.7 ₹5,297

1.67%

Men's Leather Business Shoes

$41.02 ₹3,901

$36.32 ₹3,454

12.94%

1-bedroom Apartment, City Center (Monthly)

$695 ₹66.1K

$117 ₹11.2K

492.67%

1-bedroom Apartment, Outside City Center (Monthly)

$350 ₹33.3K

$70.7 ₹6,723

394.77%

3-bedroom Apartment, City Center (Monthly)

$1,778 ₹169.1K

$228 ₹21.7K

679.37%

3-bedroom Apartment, Outside City Center (Monthly)

$835 ₹79.4K

$138 ₹13.1K

507.15%

Buy Apartment in City Center (m2)

$6,331 ₹602.1K

$3,426 ₹325.8K

84.81%

Buy Apartment Outside City Center (m2)

$2,639 ₹251.0K

$1,711 ₹162.7K

54.24%

Average Monthly Net Salary (After Tax)

$737 ₹70.1K

$316 ₹30.0K

133.36%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.22

9.21

0.11%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Mumbai (Bombay): June 7, 2026

Last update for Akola: June 8, 2026

Cost Breakdown

A central one-bedroom costs $695 in Mumbai (Bombay) versus $117 in Akola. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 133% higher in Mumbai (Bombay), which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $22.00 in Mumbai (Bombay) versus $7.00 in Akola. Monthly groceries follow the same trend: $130 vs $102 – making Akola the more affordable choice for daily food spending.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Mumbai (Bombay) vs Akola: Cost of Living - Frequently Asked Questions

Yes – Mumbai (Bombay) is pricier by about 113%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,171 per month in Mumbai (Bombay) and $550 in Akola. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Akola, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $781 in Mumbai (Bombay) and $366 in Akola. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 50% less in Akola. For daily commuters, that gap adds up to noticeable savings over a year.

A $1,500 monthly budget goes further in Akola, where all-in costs run around $366, than in Mumbai (Bombay) at $781. In Akola it covers expenses comfortably, while in Mumbai (Bombay) it requires careful planning or may not stretch far enough.

Families tend to lean toward Akola – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Akola. If higher salaries, better infrastructure, or specific career opportunities are the priority, Mumbai (Bombay) makes more sense. Both are solid long-term options with distinct trade-offs.