Unlike those who choose the cheapest cities in India due to budget constraints or reasons like saving money, some others prefer to select the most expensive cities for a luxurious and comfortable life to enjoy the maximum facilities and benefits that this country has to offer. In the following, we will get acquainted with the most expensive cities in India.
List of the most expensive cities in India:
- Mumbai
- New Delhi
- Pune
- Chennai
- Bengaluru
- Kolkata
- Noida
- Hyderabad
- Goa
- Gurgaon
| Rank | City | Why Expensive? | Property Prices (2BHK) | Job Opportunities |
|---|---|---|---|---|
| 1 | Mumbai | Financial hub, limited land | ₹2-4 crores (Suburban) | Finance, entertainment, media |
| 2 | Delhi | Political hub, premium infrastructure | ₹2-5 crores (South Delhi) | Government, MNCs, startups |
| 3 | Bangalore | IT hub, influx of professionals | ₹1.5-3 crores (Prime areas) | IT, software, startups |
| 4 | Hyderabad | IT and pharma growth | ₹1-2 crores (Prime areas) | IT, pharmaceuticals, manufacturing |
| 5 | Chennai | Industrial growth, coastal location | ₹1.5-2.5 crores (Prime areas) | Automobile, IT, manufacturing |
| 6 | Pune | Educational and IT hub | ₹1-2 crores (Prime areas) | IT, education, automotive |
| 7 | Kolkata | Cultural heritage, historical significance | ₹1-1.5 crores (Prime areas) | FMCG, manufacturing, IT |
| 8 | Gurgaon | Corporate hub, luxury infrastructure | ₹2-4 crores (Prime areas) | Corporate jobs, IT, finance |
| 9 | Noida | Rapid development, connectivity to Delhi | ₹1-2 crores (Prime areas) | IT, manufacturing, startups |
| 10 | Goa | Tourism-driven economy | ₹2-5 crores (Beachfront) | Tourism, hospitality, real estate |
1. Mumbai | The most expensive city
As you may have guessed, Mumbai is not only the capital of this country but also one of the most expensive cities in India and one of the most expensive cities in the world. It has the highest number of millionaires and billionaires among all Indian cities, which, compared to other expensive cities in India, imposes the highest cost of living on its residents. The city has valuable residential and commercial properties, which is one of the reasons for its status as one of the most expensive cities in India.
Located in the Konkan region on the western coast of India, Mumbai boasts a deep natural harbor. If you wish to live among the affluent of India and experience a luxurious and dreamlike life in the country, Mumbai can be one of your options for the most expensive cities in India to reside in. Additionally, if you’re considering a luxury trip to this city, you should also explore the sights in Mumbai along with your partner.
2. New Delhi
New Delhi was constructed in the early 20th century alongside Old Delhi, covering an area of 42.7 square kilometers. It now forms an important part of Delhi and is one of the most expensive cities in India, with high values and prices. Additionally, New Delhi attracts a significant number of tourists every day, which has led to the creation of many job opportunities in the city, making it less likely for travelers to encounter employment issues. Living and renting in this city is expensive.
3. Pune
Pune, the second-largest city in the state of Maharashtra after Mumbai, is considered an important city in terms of economic and industrial growth. In 2023, it was recognized as one of the most expensive cities in India to live in, with food costs in Pune being comparable to those in other major cities.
Pune hosts many colleges and universities, making it a prestigious educational destination in India, often referred to as the “Oxford of the East.” In recent years, it has become a startup hub due to the growth of information technology, engineering, and automotive companies. Additionally, Pune is known for its rich cultural scene, which includes classical music, theater, sports, and literature. It’s worth mentioning that Pune also has some affordable areas.
4. Chennai
Next on the list of the most expensive cities in India is Chennai, which, while not more expensive than the three previously mentioned cities, is often noted by many who move there for its high cost of living, making it one of the pricier cities in India. The costs of goods, real estate, and properties are rising daily in this city.
It’s worth mentioning that Chennai is located on the Coromandel Coast along the Bay of Bengal and has a hot and humid climate. A significant portion of Chennai’s economy is driven by software development and electronics manufacturing, due to the presence of various technology parks where many foreign companies have offices. Other major industries in the area include automobile manufacturing, rubber, fertilizers, leather, iron ore, cotton textiles, and a petroleum refinery.
5. Bengaluru
Bengaluru, another affluent city in India, is the third most populous city in the country and the capital of Information Technology in India. Known as the Garden City, it is the fifth-largest city in India and accounts for 40% of the country’s IT exports. Bengaluru is also listed among the best cities to live in, with most of its architecture reflecting Victorian styles. The presence of luxury restaurants alongside upscale shopping centers and various amenities has made this city one of the most expensive in India.
Rent in this city is comparatively lower than in Mumbai and Delhi, with average costs ranging from 12,000 to 26,000 rupees.
6. KolKata
If asked why Kolkata is one of the most expensive cities in India, it should be noted that this city is home to renowned companies such as ITC, British companies, Coal India, Allahabad Bank, and various insurance firms. In addition to its economy, the city boasts rich cultural and architectural heritage, with beautiful structures and unique architectural styles, making it one of the most expensive cities in India.
Kolkata has the lowest costs among the five major cities in India, while also being the most populous city in the country. The cost of a meal in Kolkata is 324 rupees, which is lower than that of other expensive cities in India.
7. Noida
Noida is one of the emerging cities in India, and its rapid development and proximity to Delhi make it one of the most expensive cities in India. Property prices in Sector 44 and Sector 62 range from ₹1-2 crores for a 3BHK, while in Noida Expressway, prices range from ₹1.5-2.5 crores for a 3BHK. There are job opportunities in IT, manufacturing, and companies like Samsung, as well as various startups, making it a viable option for your consideration.
8. Hyderabad
Hyderabad is considered one of the most expensive cities in India due to its pharmaceutical industries and high demand for housing and suitable infrastructure. Property prices in the city range from ₹1-2 crores for a 2BHK in areas like Jubilee Hills and Banjara Hills, while in Gachibowli and HITEC City, prices range from ₹80 lakhs to ₹1.5 crores for a 2BHK. Job opportunities are available in pharmaceuticals, manufacturing, IT, and pharmaceutical laboratories. If you are looking for a place to live that meets high standards, Hyderabad can be one of your options.
9. Goa
Goa, known as a tourist paradise, is famous for its stunning attractions, especially if you have explored the sights of Goa at night. The tourism-driven economy and limited land availability have contributed to the city’s high cost of living, particularly in coastal areas where property prices are very high. In North Goa (e.g., Calangute, Candolim), property prices range from ₹2-5 crores for a villa, while in South Goa (e.g., Colva, Benaulim), prices range from ₹1.5-3 crores for a villa. Most job opportunities in this city are related to tourism, real estate, and hotels, alongside local businesses. Goa is one of the most beautiful cities to live in India.
10. Gurgaon
Gurgaon is also listed among the top 10 most expensive cities in India, primarily due to its corporate center, luxurious infrastructure, and corporate offices, which have made it one of the priciest cities in the country. Property prices in DLF Phase 5 and Golf Course Road range from ₹2-4 crores for a 3BHK, while in Sohna Road and Sector 56, prices range from ₹1.5-2.5 crores for a 3BHK. Job opportunities in this city include corporate, financial, and IT positions for those living there.
Conclusion
India is considered a cheap country for travel and, in some cases, for living, but this is not true for all of its cities. India has luxurious cities and a variety of options for living. By recognizing the most expensive cities in India, you can experience a life filled with peace and luxury. For example, Mumbai is the most expensive city in India and ranks among the most expensive cities in the world. The presence of upscale shopping centers, luxury real estate, along with rich culture and architecture, not only in Mumbai but also in other expensive cities in India, allows you to experience a royal lifestyle.
