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 $783 per month in Mumbai (Bombay) vs $359 in Akola, rent included.

A couple spends around $1,280 per month in Mumbai (Bombay) vs $553 in Akola, rent included.

A family of three spends $1,776 per month in Mumbai (Bombay) vs $747 in Akola, rent included.

Mumbai (Bombay) costs about 118% more than Akola, driven mainly by Eating Out.

Both Mumbai (Bombay) and Akola are more affordable than the global median – Mumbai (Bombay) 43% lower, Akola 74% lower.

Meal at Budget Restaurant

$5.10 ₹489

$0.91 ₹87.5

460.44%

Three-Course Dinner for Two, Mid-Range

$20.90 ₹2,005

$6.25 ₹600

234.40%

Fast Food Meal (McDonalds, etc)

$4.18 ₹401

$3.11 ₹298

34.41%

Cappuccino

$2.61 ₹251

$1.36 ₹131

91.91%

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

$0.38 ₹36.00

$0.41 ₹39.12

-7.32%

Water (0.33 liter bottle)

$0.14 ₹13.11

$0.14 ₹13.84

Local Beer (0.5 liter draught)

$2.57 ₹247

$1.67 ₹160

53.89%

Imported Beer (0.33 liter bottle)

$4.27 ₹410

$2.69 ₹258

58.74%

Milk (1 liter)

$0.70 ₹67.2

$0.68 ₹65.1

2.94%

White Bread (500g)

$0.52 ₹50.2

$0.44 ₹42.29

18.18%

Rice (white) (1kg)

$0.78 ₹74.5

$0.50 ₹48.10

56.00%

Eggs

$0.96 ₹91.7

$0.73 ₹70.4

31.51%

Local Cheese (1kg)

$5.52 ₹530

$4.91 ₹471

12.42%

Chicken Fillets (1kg)

$3.57 ₹343

$2.15 ₹206

66.05%

Apples (1kg)

$2.28 ₹218

$1.83 ₹176

24.59%

Banana (1kg)

$0.74 ₹71.0

$0.59 ₹57.0

25.42%

Oranges (1kg)

$1.22 ₹117

$0.95 ₹91.5

28.42%

Tomato (1kg)

$0.47 ₹45.18

$0.47 ₹45.13

Potato (1kg)

$0.33 ₹31.97

$0.32 ₹30.52

3.13%

Onion (1kg)

$0.37 ₹35.32

$0.29 ₹28.30

27.59%

Lettuce (1 head)

$0.43 ₹41.03

$0.52 ₹49.60

-17.31%

Water (1.5 liter bottle)

$0.31 ₹29.91

$0.30 ₹29.14

3.33%

Cigarettes 20 Pack (Marlboro, Camel)

$5.03 ₹483

$2.15 ₹206

133.95%

Wine (Bottle)

$8.27 ₹794

$4.05 ₹389

104.20%

Local Beer (0.5 liter bottle)

$2.03 ₹195

$1.86 ₹178

9.14%

Imported Beer (0.33 liter bottle)

$3.09 ₹296

$3.18 ₹305

-2.83%

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

$5.81 ₹557

$2.03 ₹195

186.21%

One-way Ticket (Public Transport)

$0.20 ₹19.16

$0.25 ₹23.75

-20.00%

Public Transport Monthly Pass (Regular Price)

$5.57 ₹534

$7.29 ₹700

-23.59%

Taxi Start (Normal Tariff)

$0.32 ₹30.87

$0.54 ₹51.8

-40.74%

Taxi (Normal Tariff) (1km)

$0.33 ₹31.21

$0.32 ₹31.08

3.13%

Taxi 1hour Waiting (Normal Tariff)

$1.59 ₹152

$1.05 ₹101

51.43%

Gasoline (1 liter)

$1.13 ₹109

$1.09 ₹105

3.67%

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

$15.9K ₹1.5M

$15.4K ₹1.5M

2.96%

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

$22.2K ₹2.1M

$17.6K ₹1.7M

26.24%

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

$60.9 ₹5,839

$35.89 ₹3,443

69.57%

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

$4.28 ₹410

$4.03 ₹386

6.20%

Internet (50+ Mbps, Unlimited Data)

$9.27 ₹890

$8.25 ₹791

12.36%

Gym Membership (Monthly)

$26.11 ₹2,505

$13.93 ₹1,337

87.44%

Tennis Court (1 Hour on Weekend)

$12.92 ₹1,240

$6.55 ₹629

97.25%

Cinema Ticket

$4.81 ₹462

$2.15 ₹206

123.72%

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

$118 ₹11.4K

$38.66 ₹3,709

206.41%

International Primary School, 1 Child (Yearly)

$4,909 ₹471.0K

$1,781 ₹170.9K

175.64%

Jeans (Levis 501 Or Similar)

$35.15 ₹3,373

$23.56 ₹2,260

49.19%

Summer Dress (H&M, Zara, etc)

$39.23 ₹3,763

$37.63 ₹3,610

4.25%

Sport Shoes (Adidas, Nike)

$57.7 ₹5,540

$53.5 ₹5,134

7.91%

Men's Leather Business Shoes

$48.14 ₹4,618

$35.67 ₹3,422

34.96%

1-bedroom Apartment, City Center (Monthly)

$635 ₹60.9K

$122 ₹11.7K

418.99%

1-bedroom Apartment, Outside City Center (Monthly)

$355 ₹34.1K

$72.8 ₹6,989

387.29%

3-bedroom Apartment, City Center (Monthly)

$1,933 ₹185.5K

$268 ₹25.7K

621.18%

3-bedroom Apartment, Outside City Center (Monthly)

$835 ₹80.1K

$172 ₹16.5K

385.50%

Buy Apartment in City Center (m2)

$6,093 ₹584.5K

$978 ₹93.8K

522.86%

Buy Apartment Outside City Center (m2)

$2,473 ₹237.2K

$506 ₹48.6K

388.56%

Average Monthly Net Salary (After Tax)

$754 ₹72.3K

$307 ₹29.5K

145.19%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.33

9.7

-14.12%

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

Last update for Mumbai (Bombay): September 12, 2026

Last update for Akola: September 14, 2026

Cost Breakdown

A central one-bedroom costs $635 in Mumbai (Bombay) versus $122 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 145% 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 $21.00 in Mumbai (Bombay) versus $6.00 in Akola. Monthly groceries follow the same trend: $117 vs $92.0 – 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 118%, 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 $1,174 per month in Mumbai (Bombay) and $539 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 $783 in Mumbai (Bombay) and $359 in Akola. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 31% 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 $359, than in Mumbai (Bombay) at $783. 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.