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 $766 per month in Mumbai (Bombay) vs $369 in Akola, rent included.

A couple spends around $1,262 per month in Mumbai (Bombay) vs $561 in Akola, rent included.

A family of three spends $1,757 per month in Mumbai (Bombay) vs $753 in Akola, rent included.

Mumbai (Bombay) costs about 107% 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 72% lower.

Meal at Budget Restaurant

$5.16 ₹492

$0.86 ₹81.6

500.00%

Three-Course Dinner for Two, Mid-Range

$21.87 ₹2,086

$7.37 ₹703

196.74%

Fast Food Meal (McDonalds, etc)

$4.70 ₹448

$2.87 ₹273

63.76%

Cappuccino

$2.63 ₹251

$1.49 ₹142

76.51%

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

$0.47 ₹45.27

$0.48 ₹46.26

-2.08%

Water (0.33 liter bottle)

$0.19 ₹17.74

$0.17 ₹16.66

11.76%

Local Beer (0.5 liter draught)

$2.29 ₹218

$1.70 ₹162

34.71%

Imported Beer (0.33 liter bottle)

$4.17 ₹398

$2.98 ₹284

39.93%

Milk (1 liter)

$0.73 ₹69.6

$0.71 ₹67.8

2.82%

White Bread (500g)

$0.48 ₹45.80

$0.44 ₹41.83

9.09%

Rice (white) (1kg)

$0.83 ₹79.6

$0.56 ₹53.5

48.21%

Eggs

$1.05 ₹100

$0.86 ₹82.1

22.09%

Local Cheese (1kg)

$7.06 ₹673

$5.67 ₹540

24.51%

Chicken Fillets (1kg)

$3.79 ₹361

$2.30 ₹219

64.78%

Apples (1kg)

$2.31 ₹220

$2.01 ₹192

14.93%

Banana (1kg)

$0.81 ₹77.1

$0.56 ₹53.4

44.64%

Oranges (1kg)

$1.26 ₹121

$1.04 ₹98.8

21.15%

Tomato (1kg)

$0.69 ₹65.8

$0.58 ₹55.6

18.97%

Potato (1kg)

$0.52 ₹49.98

$0.37 ₹34.90

40.54%

Onion (1kg)

$0.64 ₹61.0

$0.36 ₹34.80

77.78%

Lettuce (1 head)

$0.68 ₹65.3

$0.54 ₹51.5

25.93%

Water (1.5 liter bottle)

$0.35 ₹33.41

$0.31 ₹29.12

12.90%

Cigarettes 20 Pack (Marlboro, Camel)

$4.14 ₹394

$2.29 ₹218

80.79%

Wine (Bottle)

$8.41 ₹802

$4.16 ₹396

102.16%

Local Beer (0.5 liter bottle)

$2.11 ₹201

$2.19 ₹209

-3.65%

Imported Beer (0.33 liter bottle)

$3.43 ₹328

$3.90 ₹372

-12.05%

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

$6.96 ₹664

$2.34 ₹223

197.44%

One-way Ticket (Public Transport)

$0.24 ₹22.96

$0.22 ₹20.98

9.09%

Public Transport Monthly Pass (Regular Price)

$4.52 ₹431

$6.80 ₹649

-33.53%

Taxi Start (Normal Tariff)

$0.33 ₹31.79

$0.61 ₹57.8

-45.90%

Taxi (Normal Tariff) (1km)

$0.22 ₹20.85

Taxi 1hour Waiting (Normal Tariff)

$1.43 ₹136

$1.44 ₹137

-0.69%

Gasoline (1 liter)

$1.23 ₹118

$1.20 ₹115

2.50%

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

$17.2K ₹1.6M

$11.7K ₹1.1M

46.93%

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

$24.7K ₹2.4M

$16.7K ₹1.6M

47.43%

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

$50.0 ₹4,773

$32.58 ₹3,108

53.59%

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

$4.84 ₹462

$3.72 ₹355

30.11%

Internet (50+ Mbps, Unlimited Data)

$8.88 ₹847

$8.67 ₹827

2.42%

Gym Membership (Monthly)

$23.13 ₹2,206

$17.31 ₹1,651

33.62%

Tennis Court (1 Hour on Weekend)

$12.04 ₹1,148

$3.56 ₹340

238.20%

Cinema Ticket

$4.60 ₹439

$3.51 ₹334

31.05%

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

$119 ₹11.4K

$50.8 ₹4,848

134.68%

International Primary School, 1 Child (Yearly)

$3,313 ₹316.0K

$1,603 ₹152.9K

106.72%

Jeans (Levis 501 Or Similar)

$29.89 ₹2,851

$21.56 ₹2,056

38.64%

Summer Dress (H&M, Zara, etc)

$30.14 ₹2,874

$27.46 ₹2,619

9.76%

Sport Shoes (Adidas, Nike)

$55.7 ₹5,313

$56.4 ₹5,380

-1.26%

Men's Leather Business Shoes

$40.93 ₹3,904

$35.78 ₹3,412

14.39%

1-bedroom Apartment, City Center (Monthly)

$702 ₹67.0K

$117 ₹11.2K

497.85%

1-bedroom Apartment, Outside City Center (Monthly)

$362 ₹34.5K

$70.6 ₹6,737

412.53%

3-bedroom Apartment, City Center (Monthly)

$1,775 ₹169.3K

$236 ₹22.5K

651.72%

3-bedroom Apartment, Outside City Center (Monthly)

$845 ₹80.6K

$142 ₹13.5K

496.21%

Buy Apartment in City Center (m2)

$6,137 ₹585.3K

$3,361 ₹320.6K

82.59%

Buy Apartment Outside City Center (m2)

$2,570 ₹245.1K

$1,665 ₹158.8K

54.30%

Average Monthly Net Salary (After Tax)

$767 ₹73.2K

$307 ₹29.3K

149.67%

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): July 27, 2026

Last update for Akola: July 27, 2026

Cost Breakdown

A central one-bedroom costs $702 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 150% 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: $129 vs $101 – 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 107%, 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 $1,149 per month in Mumbai (Bombay) and $554 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 $766 in Mumbai (Bombay) and $369 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 $369, than in Mumbai (Bombay) at $766. 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.