Mumbai vs Chennai: Living Expenses And Property Prices
Here is a brief comparison of the cost of living and real estate values in Mumbai and Chennai. Mumbai, which is situated on the western coast, is regarded as India’s commercial hub. Chennai, the nation’s cultural capital, is a proud city with a rich history and a strategic location on the southern coast.
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Both communities’ welcome residents from all over the nation and provide a variety of housing alternatives in various price ranges. Together with the greatest entertainment and infrastructure, the cities offer a convenient and energetic way of life.
Mumbai vs Chennai cost of living
We compare Mumbai with Chennai in terms of a number of areas, including housing (sale and rental), transportation, utilities, food, and more.
Mumbai vs Chennai: Transportation and Connectivity
Mumbai is undoubtedly the most connected city in the nation, providing residents and tourists with easy access by road, rail, metro, and airport. The city’s extremely effective local train system is sometimes referred to as its “lifeline.”
Additionally, homeowners have improved connectivity possibilities with the Mumbai metro. In addition to the main thoroughfares, the city is connected to neighbouring areas by a number of highways, including the Bandra–Worli Sea Link, the Eastern Express Highway, and the Western Express Highway. After Indira Gandhi International Airport in Delhi, Chhatrapati Shivaji Maharaj International Airport is the second busiest airport in the nation. It serves as the major airport for the city.
In addition to a vast bus network and suburban railway service, Chennai has a fast-developing metro rail system. The connection quotient of the city is further enhanced by the Chennai International Airport. While Chennai’s transport system is well-connected, it is not as effective as Mumbai’s.
Mumbai has a lot more traffic than other cities, which makes travelling during rush hour challenging and frustrating. Even though Chennai experiences traffic problems, particularly during rush hours, it is significantly less than Mumbai.
Public Transport Fare Comparison: Mumbai vs Chennai
| Public transport fares in Mumbai | The Public transport fares in Chennai |
| Auto – Rs. 21 per km | Auto – Rs. 25 per km |
| Metro – starts from Rs. 10 per km | Metro – starts from Rs. 10 per km |
| Petrol price – Rs. 106.31 per litre | Petrol price – Rs. 102.63 per litre |
| Taxi – starts from Rs. 25 per km | Taxi – starts from Rs. 12 per km |
Mumbai vs Chennai – Housing
Chennai and Mumbai are both sophisticated cities with expensive living standards. But, compared to Mumbai, Chennai is less expensive to stay in. Both the average rental price and the range of prices for real estate sales in Chennai are marginally lower than in Mumbai.
Mumbai apartments
Depending on the neighbourhood, renting a one-bedroom flat in Mumbai might cost you anywhere from Rs. 17,000 to Rs. 60,000. Similarly, the cost of a one-bedroom flat in Chennai can range from Rs. 6,000 to Rs. 17,200. This demonstrates that Mumbai has a far greater cost of living than Chennai.
Mumbai Real Estate Prices for Residential Flats:
| Flats for rent | Average Price – Rs. 1 Lac |
| Price Range – Rs. 30,000 to Rs. 2.1 Lac | |
| Median Price – Rs. 70,782 | |
| Flats for sale | Average Price – Rs 3.80 Cr |
| Median Price – Rs. 1.90 Cr | |
| Price Range – Rs. 67.1 Lac to Rs 6.50 Cr | |
| Notable projects | Hiral Splendour |
| Sea Shell | |
| Rustomjee | |
| Galaxy Royale | |
| Virgo Apartment | |
| Popular localities for rent and sale | Kandivali |
| Malad | |
| Andheri–Jogeshwari (W) | |
| Borivali–Dahisar | |
| Beyond Mira Road | |
| Andheri-Jogeshwari (E) |
Mumbai Real Estate Prices for Independent Homes
| Popular localities for rent | Matunga West |
| Bandra West | |
| Bhandup West | |
| Chembur | |
| Andheri East | |
| House for rent | Median Price – Rs. 35,000 |
| Price Range – Rs. 9,500 to Rs. 1.1 Lac | |
| Average Price – Rs. 50,561 | |
| Popular localities for sale | Chandan Nagar |
| Chembur | |
| Andheri East | |
| Mulund West | |
| Bhandup West | |
| House for sale | Average Price – Rs 1.32 Cr |
| Price Range – Rs. 18.3 Lac to Rs 2.69 Cr | |
| Median Price – Rs.61.5 Lac |
Chennai Real Estate Prices for Residential Apartments
| Notable Projects | Casagrand Athens |
| Navins Hanging Gardens | |
| DRAD Elite | |
| Le Orchard Apartments | |
| Bollineni ZION | |
| Popular localities for rent and sale | Central Chennai |
| Ambattur | |
| OMR | |
| Velachery | |
| Porur | |
| House for sale | Median Price – Rs.65 Lac |
| Average Price – Rs 92 Lac | |
| Price Range – Rs. 34.3 Lac to Rs 1.68 Cr | |
| House for rent | Median Price – Rs. 22,000 |
| Price Range – Rs. 9,000 to Rs. 65,000 | |
| Average Price – Rs. 33,633 |
Chennai Real Estate Prices for Independent Homes
| House for sale | Median Price – Rs.95 Lac |
| Price Range – Rs. 35 Lac to Rs 4.74 Cr | |
| Average Price – Rs 2.04 Cr | |
| House for rent | Average Price – Rs. 16,034 |
| Price Range – Rs. 6,000 to Rs. 25,000 | |
| Median Price – Rs. 11,012 | |
| Popular localities for sale | Neelankarai |
| Thiruninravur | |
| Mangadu | |
| Kundrathur | |
| Kolathur | |
| Popular localities for rent | Ambattur |
| Kolathur | |
| Perambur | |
| Thirumullaivoyal | |
| Iyyappanthangal |
Utilities: Mumbai vs Chennai
In Mumbai & Chennai, the cost of essential utilities, including as power, water, and internet connection, is almost equal and can range from Rs. 4500 to Rs. 5000 per month. Depending on usage and preferences, the monthly cost may increase to between Rs 8,000 and Rs 10,000 if additional costs such as groceries are included.
Cuisine: Mumbai vs Chennai
Mumbai is renowned for its street cuisine, particularly for its chaats and Vada Pav, but you can’t depend on it every day. There’s also the well-known ‘Dabbawalas,’ who deliver lunches all throughout the city. Dabbawala services might cost anything from Rs. 1,500 to Rs. 3,000 per month.
Chennai offers a wide variety of affordable breakfast options and reasonably priced meals. You may expect to pay between Rs. 300 and Rs. 400 for an average dinner.
Mumbai vs Chennai: Job Opportunities
The nation’s commercial and business activity are centred in Mumbai. Chennai is mostly known for being an industrial city that has seen a significant influx of IT businesses. The film, software, media, automotive, technology, financial, and industrial industries all provide a wealth of career prospects in these locations.
Conclusion: Mumbai vs. Chennai
With very slight variations, the weather, cost of life, and infrastructure of both cities are nearly the same. The choice of a city for investment or relocation is solely based on personal taste. Whichever city you decide between Mumbai and Chennai, you should expect to live a convenient and pleasant life with easy access to all the services.
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