Cost Of Living in Jaipur 2024

Average monthly spending for singles, couples, students, and families in Jaipur

Whether you're living in Jaipur or planning to move there, it is very important to know the cost of living and the prices of things. Here we list the average spending for the four main population groups.

Singles

The average monthly expense for a single person living in Jaipur is 47,000 INR. Expenses can range from 6,500 INR at the minimum level to 310,000 INR at the highest end.

Couples

The average monthly spending of couples in Jaipur is 78,000 INR. Expenditure can range from 26,000 INR to 420,000 INR per month.

Families

The average cost of living for families in Jaipur is 100,000 INR per month. Families spend anywhere from 36,000 INR to 670,000 INR.

Students

The average monthly expenditure for students in Jaipur is 35,000 INR. Students spend from 5,200 INR to 230,000 INR per month.

Expenditure to Income Ratio in Jaipur

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in.

Expense to income distribution levels

Interpretation and Analysis

The average spending-to-salary ratio in Jaipur is 86% This means that on average, people spend around 86% of their income for living. According to the distribution table, 14% of the population spend approximately 60% to 70% of their income every month.

Individual
77%
Spending-Income-Ratio

---

71%

85%

Couple
81%
Spending-Income-Ratio

---

75%

90%

Family
90%
Spending-Income-Ratio

---

83%

99%

How do people spend their money in Jaipur?

We asked thousands of people about their spending habits and expenditure breaks. Below are their answers.

People living in Jaipur typically spend from 11% to 30% of their total monthly expenditure on housing with 22% being the average. The average spend on housing is 20,000 INR with expenditure ranging from 1,600 INR to 200,000 INR. This cost mainly goes for rent but it also includes other accommodation-related expenses. Housing costs are highest for families and lowest for students as expected.

Utility expenditure like electricity, water, and gas in Jaipur ranges from 5% to 12% of total expenses with 8% being the average. The average monthly cost of utilities is 3,400 INR with 260 INR and 34,000 INR being the upper and lower limits.

Fuel consumption and cost of transport depend heavily on whether you live near your work or school, but roughly speaking you would expect to spend from 520 INR to 67,000 INR on commuting with 6,700 INR being the norm for most people in one month. This means that money spent on transport constitutes about 6% of total spending on average but can go as low as 3% or as high as 10%.

The average outlay on groceries in a month in Jaipur is 17,000 INR. The cost of groceries can range between 1,300 INR to 170,000 INR. People spend on average about 29% on food and groceries with upper and lower bounds of 21% and 35% respectively.

People in Jaipur allocate 6% to 14% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending is around 11%. The range of medical expenses range from 360 INR to 47,000 INR with 4,700 INR being the norm.

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 210 INR to 27,000 INR with 2,700 INR being the average. Speaking of percentages, that equates to 2% to 8% of total expenses with an average of 4% for most residents.

Spending on education can vary drastically between different people. While working singles can spend 0% on education, families and students' expenditure can reach up to 22%. On average, education constitutes 5% of the monthly expenditure with 3% and 11% being the lower and upper bounds respectively. The average reported education cost is 4,000 INR per month with 310 INR being the minimum spent amount and 40,000 INR being the maximum.

How much money can you save in Jaipur every month?

We asked thousands of people what percentage of their income can they save in a month. Below are the answers.

What percentage of people in Jaipur manage to save money from their income every month?

Almost 57% of the surveyed people in Jaipur said that they can save some money at the end of each month while 43% said that aren't saving anything.

Percentage of people saving money by population group in Jaipur

Saving to Income Ratio

Average Monthly Saved Amount

For most people, 10% to 30% of their monthly income is what they can allocate to their savings, with 18% being the average. The amount of money that people can save is approximately 20,000 INR on average with savings ranging from 1,500 INR to 200,000 INR.

57% of surveyed singles reported some of their income going to savings while 52% of couples said the same. 47% of families confirmed their ability to save money.

How much money do people actually save in Jaipur?

Singles

Saving to Income Ratio

Average Monthly Saved Amount

Savings to income distribution levels for singles

Interpretation and Analysis

Singles who can afford to save reported that they allocate from 13% to 32% of their monthly income to savings, with 22% being the average for most singles. The average amount of money that singles are able to save is 14,000 INR with 1,500 INR and 92,000 INR being the minimum and maximum respectively.

Couples

Saving to Income Ratio

Average Monthly Saved Amount

Savings to income distribution levels for couples

Interpretation and Analysis

Couples who confirmed their ability to save reported saving equivalent to 11% to 31% of their monthly income, with 20% being the average for most couples. The average amount of money that couples can save is 23,000 INR with 7,600 INR and 120,000 INR being the minimum and maximum respectively.

Families

Saving to Income Ratio

Average Monthly Saved Amount

Savings to income distribution levels for families

Interpretation and Analysis

Families in Jaipur can save anywhere between 10% to 28% of their monthly income, with 17% being the average for most families. The average amount of money that families can put aside is 31,000 INR with 11,000 INR and 200,000 INR being the minimum and maximum respectively.

Saving Challenges in Jaipur

Reasons that make it difficult for people to save money

We wanted to understand what is stopping people from maximizing their savings in Jaipur. Listed below are the answers given by the survey participants.

Around 4% of the people said that their salary is too low to accommodate a portion for savings while 7% said that the high cost of living leaves little room for savings. 11% of the residents said that they are burdened with debt and find it challenging to save money. 12% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 12% blamed impulsive spending as the reason for saving inability. Around 7% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 5% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 22% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 14% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 2% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 2% blamed market instability and price fluctuations.

Typical saving choices for people in Jaipur

Where do people choose to put their savings?

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

• 50% for needs and financial obligations

  This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

• 30% for wants and discretionary spending

  This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

• 20% for savings and emergency fund

  This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

Affordable living in Jaipur

Income and cost of living compatibility

We asked residents one simple question and recorded their answers.

Is it affordable or economical to live in Jaipur?

Around 49% of surveyed residents think that living in Jaipur is affordable with proper budgeting while 51% reported that it is just too expensive and not affordable even with frugality and thriftness.

Low-cost alternatives in Jaipur

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked residents how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options56%

Few low-cost options44%

Based on the survey, 56% of the people living in Jaipur have no problem finding low-cost alternatives to support a frugal lifestyle while 44% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked residents of Jaipur whether they have an emergency fund and the answers were as follows.

Yes49%

No51%

Based on the survey, 51% of the people living in Jaipur said that they don't have an emergency fund while 49% said that they do.

Financial Literacy in India

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy44%

We asked residents of India whether they acquired any adequate personal financial training in their lives. Approximately 56% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 44% said that they know about the general principles of personal finance from sources other than their own experience.

Difficulty in Budgeting and Financial Planning

We wanted to understand whether residents of India have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 46% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 54% said that they have everything under control.

Struggles with finance46%

Easily manages finances54%

Financial goals of people in Jaipur

In an attempt to understand the economic situation in Jaipur, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.

Around 9% of those who participated in the survey said that their main goal is to establish an emergency fund to cover unexpected expenses while 46% said their number one priority is to pay off high-interest debt or loans and improve credit. 11% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 6% reported that their priority is saving for the tuition fees and education costs of their children while 19% choose to buy a home or pay off existing mortgage before other things. 6% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 5% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 16% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Retirement, pension plans, and life after work in Jaipur

What does the retirement lifestyle look like in Jaipur and how much retirement savings are required?

Retirement age

The retirement age for most employees in India is 65 years. Specific retirement ages can vary based on factors like occupation, gender, years of contribution, and location. It is not entirely unlikely for people to retire either before or after this age.

Retirement planning and savings

There are many retirement saving options, some are personally initiated and others are government-sponsered. Regardless of the source of savings, the minimum amount of money that needs to be put aside to ensure a peaceful and comfortable retirement at each age can be found in the table below. This data is largely approximated and can vary drastically based on individual needs and situations. Treat these figures as a general guideline.

Retirement Income Distribution

We asked residents of Jaipur about their retirement income sources and below are the results.

Retirement Monthly Expenses in Jaipur

Debt, loans, and mortgages in Jaipur

Percentage of people who are in debt

According to the survey, 27% of the people in Jaipur have some kind of debt, loan, mortgage, or credit card payments while 73% reported that they don't have financial obligations to banks.

Debt-to-income ratio in Jaipur

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 31% of the people's monthly income in Jaipur goes to debt settlement.

Debt levels

Monthly debt settlement payment as percentage of monthly income

According to our data, 4% of the debtors in Jaipur pay 60%+ of their income as debt settlement while 20% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 16% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 18% dedicated 30% to 40% of income for same. Things are looking brighter for 8% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.

Distribution by type of debt in Jaipur

6% of debtors in Jaipur confirm that real estate mortgages constitutes the main part of their outstanding debt while 32% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 12% of people and personal loans rose at 45%. Lastly, student loans are the main source of debt for 4% of debtors in Jaipur.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.

Loan Affordability Index in Jaipur

Besides measuring the loan-to-income ratio, we asked residents of Jaipur how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Housing costs, accommodation, and housing affordability in Jaipur

Rent Cost in Jaipur

Monthly Rent Prices

Studio apartment monthly rent cost

5,600 INR

8,400 INR

22,000 INR

MINIMUM

AVERAGE

MAXIMUM

$68

$100

$270

1-bedroom apartment monthly rent cost

8,400 INR

13,000 INR

34,000 INR

MINIMUM

AVERAGE

MAXIMUM

$100

$160

$410

2-bedroom apartment monthly rent cost

11,000 INR

17,000 INR

45,000 INR

MINIMUM

AVERAGE

MAXIMUM

$140

$200

$540

3-bedroom apartment monthly rent cost

13,000 INR

22,000 INR

61,000 INR

MINIMUM

AVERAGE

MAXIMUM

$160

$270

$740

Furnished apartment monthly rent cost

27,000 INR

67,000 INR

130,000 INR

MINIMUM

AVERAGE

MAXIMUM

$320

$810

$1,600

Townhouse monthly rent cost

22,000 INR

34,000 INR

96,000 INR

MINIMUM

AVERAGE

MAXIMUM

$270

$410

$1,200

House monthly rent cost

27,000 INR

67,000 INR

130,000 INR

MINIMUM

AVERAGE

MAXIMUM

$320

$810

$1,600

Villa monthly rent cost

34,000 INR

84,000 INR

130,000 INR

MINIMUM

AVERAGE

MAXIMUM

$410

$1,000

$1,600

The monthly rental cost of a studio apartment in Jaipur ranges between 5,600 INR and 22,000 INR, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 8,400 INR to 34,000 INR. Two-bedroom rentals rate ranges between 11,000 INR and 45,000 INR per month. The monthly rental for a three-bedroom apartment ranges from 13,000 INR to 61,000 INR. The average rent of a townhouse in Jaipur is around 34,000 INR while house rental costs can be as high as 67,000 INR per month. Finally, if you want to rent a villa, expect to pay anywhere from 34,000 INR to 130,000 INR per month.

Apartment and house prices in Jaipur

Cost of buying a property

Studio apartment price

1.1M INR

1.7M INR

3.4M INR

MINIMUM

AVERAGE

MAXIMUM

$14,000

$20,000

$41,000

1-bedroom apartment price

1.3M INR

2.2M INR

8.4M INR

MINIMUM

AVERAGE

MAXIMUM

$16,000

$27,000

$100,000

2-bedroom apartment price

2.2M INR

6.7M INR

13M INR

MINIMUM

AVERAGE

MAXIMUM

$27,000

$81,000

$160,000

3-bedroom apartment price

7.5M INR

11M INR

34M INR

MINIMUM

AVERAGE

MAXIMUM

$90,000

$140,000

$410,000

Townhouse price

9.6M INR

22M INR

84M INR

MINIMUM

AVERAGE

MAXIMUM

$120,000

$270,000

$1M

House price

11M INR

67M INR

96M INR

MINIMUM

AVERAGE

MAXIMUM

$140,000

$810,000

$1.2M

Villa price

13M INR

75M INR

110M INR

MINIMUM

AVERAGE

MAXIMUM

$160,000

$900,000

$1.4M

The average price of a studio apartment in Jaipur can range from 1.1M INR to 3.4M INR depending on location. One bedroom cost can be anywhere from 1.3M INR to 8.4M INR. A villa can cost you 75M INR on average with prices ranging from 13M INR to 110M INR.

House / apartment prices to income ratio

Property prices in Jaipur can be x94 to x196 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x94 multiples of the average monthly salary in Jaipur.

Rent to income ratio

The average rent-to-income ratio in Jaipur is around 29%. This means that people pay 29% of their income for rent. Those figures can range from 19% to 39% depending on the salary, location, and type of property.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Monthly costs and expenses of energy and basic utilities in Jaipur

Energy, electricity, water, gas, internet, and mobile cost in Jaipur

Utility Bill Cost / Electricity + Water + Gas / Individual

390 INR

2,800 INR

19,000 INR

MINIMUM

AVERAGE

MAXIMUM

$4.7

$34

$230

Utility Bill Cost / Electricity + Water + Gas / Couple

1,000 INR

3,500 INR

23,000 INR

MINIMUM

AVERAGE

MAXIMUM

$13

$42

$280

Utility Bill Cost / Electricity + Water + Gas / Family

1,800 INR

5,200 INR

34,000 INR

MINIMUM

AVERAGE

MAXIMUM

$22

$63

$410

Internet and cable cost

330 INR

660 INR

890 INR

MINIMUM

AVERAGE

MAXIMUM

$4

$8

$11

Mobile phone bill and charges

270 INR

440 INR

1,300 INR

MINIMUM

AVERAGE

MAXIMUM

$3.2

$5.3

$16

The average monthly expenditure for individuals on electricty, water, and gas in Jaipur ranges between 390 INR and 19,000 INR with average being 2,800 INR, meanwhile the expenditure of couples is slightly higher at 3,500 INR with 1,000 INR and 23,000 INR being the upper and lower limits respectively. As expected, the energy and water consumption of families is the highest among the three groups with an average of 5,200 INR. The cost of internet and WiFi is unchanged among the three groups and ranges from 330 INR to 890 INR with 660 INR being the average internet bill. Finally, the average monthly mobile charges is around 440 INR but can range between 270 INR and 1,300 INR depending on consumption. Mobile charges include both calling minutes as well as data packages.

Energy / Utility expense to income ratio

The average utility-to-income ratio in Jaipur is around 6%. This means that people pay 6% of their income for energy, water, internet, and mobile charges. Those figures can range from 3% to 10% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Jaipur

Prices and cost of goods and services in Jaipur

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

66 INR

130 INR

220 INR

MINIMUM

AVERAGE

MAXIMUM

$0.80

$1.6

$2.7

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Jaipur is approximatly 130 INR with meal cost ranging from 66 INR to 220 INR. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

220 INR

330 INR

670 INR

MINIMUM

AVERAGE

MAXIMUM

$2.7

$4

$8.1

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 220 INR and 670 INR with 330 INR being the average price of a plate for one person at a regular restaurant in Jaipur.

Fine dining meal for one price

450 INR

670 INR

2,700 INR

MINIMUM

AVERAGE

MAXIMUM

$5.4

$8.1

$32

The price range of a meal at fine-dining restaurant is 450 INR to 2,700 INR with the average cost being 670 INR for one person. This is what you would expect to pay a top-tier diner in Jaipur.

Beverage prices, cappuccino, latte etc..

55 INR

89 INR

130 INR

MINIMUM

AVERAGE

MAXIMUM

$0.67

$1.1

$1.6

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Jaipur is around 89 INR. Price ranges between 55 INR and 130 INR depending on the type of beverage, the size, and optional add-ons.

Grocery and market costs

Large bottle of milk price

44 INR

53 INR

66 INR

MINIMUM

AVERAGE

MAXIMUM

$0.53

$0.64

$0.80

The average price of a large bottle of milk in Jaipur is 53 INR. The maximum what you would pay for milk is 66 INR and the minimum being 44 INR depending on the brand of milk and other properties.

12 eggs price

33 INR

44 INR

66 INR

MINIMUM

AVERAGE

MAXIMUM

$0.40

$0.53

$0.80

A dozen eggs costs around 44 INR on average with 33 INR and 66 INR being the lower and upper limits respectively.

Fresh whole chicken price

76 INR

98 INR

140 INR

MINIMUM

AVERAGE

MAXIMUM

$0.91

$1.2

$1.7

The price range of a fresh whole chicken in Jaipur is between 76 INR and 140 INR depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 98 INR.

Pack of beef price

89 INR

130 INR

270 INR

MINIMUM

AVERAGE

MAXIMUM

$1.1

$1.6

$3.2

The price of a regular pack of beef or meat is around 130 INR. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

36 INR

49 INR

69 INR

MINIMUM

AVERAGE

MAXIMUM

$0.43

$0.59

$0.84

A bag of rice in Jaipur costs around 49 INR on average with prices rangeing between 36 INR and 69 INR depending on the brand and quality.

Bag of tomatos price

13 INR

18 INR

33 INR

MINIMUM

AVERAGE

MAXIMUM

$0.16

$0.21

$0.40

A bag of tomatoes costs anywhere from 13 INR to 33 INR. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

24 INR

31 INR

51 INR

MINIMUM

AVERAGE

MAXIMUM

$0.29

$0.37

$0.62

A bag of apples costs 31 INR on average. A bag of apples denotes 1Kg or 1lb depending on location.

Grocery and food expenditure to income ratio

The average grocery-to-income ratio in Jaipur is around 27%. This means that people spend 27% of their income on grocery and basic household items. The expenditure can range from 19% to 33% depending on salary and location.

Expenditure on food and grocery for every population group

A single person living alone spends approximately 7,500 INR per month on grocery and food with expenditure fluctuating between 1,000 INR and 50,000 INR depending on location and the type of person. The average cost of food and groceries for a couple is around 11,000 INR per month. That number can be get as low as 3,600 INR or a high as 58,000 INR. Families' spending on grocery ranges from 6,500 INR to 120,000 INR with the location, income, and size of the family being the most determinite factors.

SingleSpending habits, consumption analysis, and expenditure patterns for a single person living in Jaipur

CoupleAverage monthly living expenditure breaks and spending patterns for couples in Jaipur

FamilyAverage monthly expenses and break out of spending for families living in Jaipur

StudentCost of living and expenses break down for students living in Jaipur