Cost Of Living in Rajasthan 2024

cost of living chart - average monthly expenditure in Rajasthan

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

Whether you're living in Rajasthan 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.

Average Monthly Expenditure

Currency: INR
6,000 78,000 780,000
MINIMUM AVERAGE MAXIMUM
$73 $940 $9,400

Monthly Expenditure ▶ Single

Currency: INR
7,600 54,000 360,000
MINIMUM AVERAGE MAXIMUM
$91 $650 $4,400

Monthly Expenditure ▶ Couple

Currency: INR
30,000 90,000 480,000
MINIMUM AVERAGE MAXIMUM
$360 $1,100 $5,800

Monthly Expenditure ▶ Family

Currency: INR
42,000 120,000 780,000
MINIMUM AVERAGE MAXIMUM
$510 $1,500 $9,400

Monthly Expenditure ▶ Student

Currency: INR
6,000 40,000 270,000
MINIMUM AVERAGE MAXIMUM
$73 $480 $3,200
The figures displayed here are inclusive of everything: housing, travel, groceries, healthcare, etc.

Singles

The average monthly expense for a single person living in Rajasthan is 54,000 INR. Expenses can range from 7,600 INR at the minimum level to 360,000 INR at the highest end.


Couples

The average monthly spending of couples in Rajasthan is 90,000 INR. Expenditure can range from 30,000 INR to 480,000 INR per month.


Families

The average cost of living for families in Rajasthan is 120,000 INR per month. Families spend anywhere from 42,000 INR to 780,000 INR.


Students

The average monthly expenditure for students in Rajasthan is 40,000 INR. Students spend from 6,000 INR to 270,000 INR per month.


Spending behavior can change drastically from one person to another. It is best to consider the minimum, average, and maximum spending together.



Prices and cost of goods and services in Rajasthan


Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Rajasthan

Dining, food, and beverages costs


Fast food combo meal

71 INR 140 INR 240 INR
MINIMUM AVERAGE MAXIMUM
$0.85 $1.7 $2.8

Restaurant meal for one

250 INR 370 INR 740 INR
MINIMUM AVERAGE MAXIMUM
$3 $4.5 $9

Fine dining meal for one

500 INR 740 INR 3,000 INR
MINIMUM AVERAGE MAXIMUM
$6 $9 $36

Cappuccino or latte

59 INR 94 INR 140 INR
MINIMUM AVERAGE MAXIMUM
$0.71 $1.1 $1.7

Grocery and market costs


Milk large bottle

47 INR 56 INR 71 INR
MINIMUM AVERAGE MAXIMUM
$0.57 $0.68 $0.85

12 eggs

35 INR 47 INR 71 INR
MINIMUM AVERAGE MAXIMUM
$0.43 $0.57 $0.85

Fresh whole chicken

80 INR 100 INR 150 INR
MINIMUM AVERAGE MAXIMUM
$0.97 $1.3 $1.8

Pack of beef

94 INR 140 INR 280 INR
MINIMUM AVERAGE MAXIMUM
$1.1 $1.7 $3.4

Medium bag of rice

38 INR 52 INR 73 INR
MINIMUM AVERAGE MAXIMUM
$0.46 $0.63 $0.89

Bag of tomatos

14 INR 19 INR 35 INR
MINIMUM AVERAGE MAXIMUM
$0.17 $0.23 $0.43

Bag of apples

25 INR 33 INR 54 INR
MINIMUM AVERAGE MAXIMUM
$0.30 $0.40 $0.65
Chart showing the prices and cost of commute, travel, and transportation in Rajasthan

Commute, travel, and transportation costs


20 minutes taxi ride

62 INR 74 INR 150 INR
MINIMUM AVERAGE MAXIMUM
$0.75 $0.90 $1.8

Average car full tank

350 INR 470 INR 940 INR
MINIMUM AVERAGE MAXIMUM
$4.3 $5.7 $11

Average car 1-day rental

390 INR 520 INR 780 INR
MINIMUM AVERAGE MAXIMUM
$4.7 $6.3 $9.4

Average car price

180,000 INR 350,000 INR 470,000 INR
MINIMUM AVERAGE MAXIMUM
$2,100 $4,300 $5,700

Bus ticket one way

13 INR 19 INR 39 INR
MINIMUM AVERAGE MAXIMUM
$0.16 $0.24 $0.47

Car Service

520 INR 780 INR 1,600 INR
MINIMUM AVERAGE MAXIMUM
$6.3 $9.4 $19
Chart showing the prices and cost of utility, energy, water, and gas for a family in Rajasthan

Utility cost (monthly)


Utility Bill - Individual

450 INR 3,300 INR 22,000 INR
MINIMUM AVERAGE MAXIMUM
$5.5 $39 $260

Utility Bill - Couple

1,200 INR 4,100 INR 26,000 INR
MINIMUM AVERAGE MAXIMUM
$15 $49 $320

Utility Bill - Family

2,100 INR 6,000 INR 39,000 INR
MINIMUM AVERAGE MAXIMUM
$25 $73 $470

Internet and cable

350 INR 710 INR 940 INR
MINIMUM AVERAGE MAXIMUM
$4.3 $8.5 $11

Mobile phone charges

280 INR 470 INR 1,400 INR
MINIMUM AVERAGE MAXIMUM
$3.4 $5.7 $17

Leisure and activities costs


Movie ticket

180 INR 240 INR 350 INR
MINIMUM AVERAGE MAXIMUM
$2.1 $2.8 $4.3

One month gym membership

620 INR 780 INR 1,600 INR
MINIMUM AVERAGE MAXIMUM
$7.5 $9.4 $19
Chart showing the prices and cost of clothing and accessories in Rajasthan

Cloths and accessories costs


Pair of jeans or pants

460 INR 650 INR 970 INR
MINIMUM AVERAGE MAXIMUM
$5.5 $7.8 $12

Woman dress

430 INR 600 INR 1,900 INR
MINIMUM AVERAGE MAXIMUM
$5.2 $7.2 $24

Woman shoes

410 INR 560 INR 1,300 INR
MINIMUM AVERAGE MAXIMUM
$4.9 $6.7 $16

Men's shoes

350 INR 430 INR 870 INR
MINIMUM AVERAGE MAXIMUM
$4.3 $5.2 $10

Men suit

390 INR 490 INR 2,600 INR
MINIMUM AVERAGE MAXIMUM
$4.7 $5.9 $31

Regular t-shirt

190 INR 260 INR 780 INR
MINIMUM AVERAGE MAXIMUM
$2.4 $3.1 $9.4
Chart showing the prices and cost of housing, accommodation, and rent in Rajasthan

Housing costs / monthly rent


Studio apartment

6,500 INR 9,700 INR 26,000 INR
MINIMUM AVERAGE MAXIMUM
$78 $120 $310

1-bedroom apartment

9,700 INR 16,000 INR 39,000 INR
MINIMUM AVERAGE MAXIMUM
$120 $190 $470

2-bedroom apartment

13,000 INR 19,000 INR 52,000 INR
MINIMUM AVERAGE MAXIMUM
$160 $240 $630

Housing costs / Buying


Studio apartment

1.3M INR 1.9M INR 3.9M INR
MINIMUM AVERAGE MAXIMUM
$16,000 $24,000 $47,000

1-bedroom apartment

1.6M INR 2.6M INR 9.7M INR
MINIMUM AVERAGE MAXIMUM
$19,000 $31,000 $120,000

2-bedroom apartment

2.6M INR 7.8M INR 16M INR
MINIMUM AVERAGE MAXIMUM
$31,000 $94,000 $190,000
Chart showing the prices and cost of furniture in Rajasthan

Furniture Costs


King Size Bed

7,100 INR 8,800 INR 12,000 INR
MINIMUM AVERAGE MAXIMUM
$85 $110 $140

Double Bed

4,700 INR 7,100 INR 8,800 INR
MINIMUM AVERAGE MAXIMUM
$57 $85 $110

Single Bed

4,100 INR 5,400 INR 7,100 INR
MINIMUM AVERAGE MAXIMUM
$50 $65 $85

Living Room

7,800 INR 10,000 INR 35,000 INR
MINIMUM AVERAGE MAXIMUM
$95 $120 $430

Dining Table

3,500 INR 4,700 INR 8,800 INR
MINIMUM AVERAGE MAXIMUM
$43 $57 $110

Sofa or Couch

4,700 INR 6,400 INR 14,000 INR
MINIMUM AVERAGE MAXIMUM
$57 $77 $170
Chart showing the prices and cost of electronic devices and appliances in Rajasthan

Electronics and House Appliance Costs


TV Set

4,700 INR 7,100 INR 14,000 INR
MINIMUM AVERAGE MAXIMUM
$57 $85 $170

Fridge or Freezer

4,100 INR 6,400 INR 8,800 INR
MINIMUM AVERAGE MAXIMUM
$50 $77 $110

Washing Machine

5,400 INR 7,800 INR 14,000 INR
MINIMUM AVERAGE MAXIMUM
$65 $95 $170

Stove or Cooker

5,000 INR 6,400 INR 8,800 INR
MINIMUM AVERAGE MAXIMUM
$61 $77 $110

Mobile Phone

5,900 INR 7,100 INR 10,000 INR
MINIMUM AVERAGE MAXIMUM
$71 $85 $120

Laptop or Computer

6,400 INR 7,800 INR 14,000 INR
MINIMUM AVERAGE MAXIMUM
$77 $95 $170

Expenditure to Income Ratio in Rajasthan

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.

Cost of living and expenditure to income ratio in Rajasthan

Spending to Income Ratio

99%

91% to 110%

( expenditure / income ) x 100


Expense to income distribution levels

Spending To Income Ratio% People
< 50%4%
50% - 60%9%
60% - 70%15%
70% - 80%25%
80% - 90%20%
90% - 100%11%
100% - 110%6%
110% - 120%4%
120% - 130%3%
130% - 140%2%
> 140%2%

Interpretation and Analysis

The average spending-to-salary ratio in Rajasthan is 99% This means that on average, people spend around 99% of their income for living. According to the distribution table, 15% of the population spend approximately 60% to 70% of their income every month.


How can spending be more than income?

A value higher than 100% means that the expenditure of those people is higher than their income. They are spending more than what they earn. This is possible in two scenarios. They are either borrowing from their savings to survive or they are borrowing from other sources (relatives, friends, banks, etc.). More about this in the debt section.



Individual
89%
Spending-Income-Ratio
82%
99%

Couple
94%
Spending-Income-Ratio
87%
100%

Family
100%
Spending-Income-Ratio
96%
120%
Distribution of monthly cost of living expenses in Rajasthan

How do people spend their money in Rajasthan?

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

The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.

Housing Expenditure24%

24% of total expenses on average (13% to 32%)

LOW$22   1,800 INR
AVERAGE$280   23,000 INR
HIGH$2,800   230,000 INR
Per Month

People living in Rajasthan typically spend from 13% to 32% of their total monthly expenditure on housing with 24% being the average. The average spend on housing is 23,000 INR with expenditure ranging from 1,800 INR to 230,000 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.

Utilities, Electricity, Water, Internet, Mobile8%

8% of total expenses on average (5% to 12%)

LOW$3.6   300 INR
AVERAGE$47   3,900 INR
HIGH$470   39,000 INR
Per Month

Utility expenditure like electricity, water, and gas in Rajasthan ranges from 5% to 12% of total expenses with 8% being the average. The average monthly cost of utilities is 3,900 INR with 300 INR and 39,000 INR being the upper and lower limits.

Transport, Fuel, Commute7%

7% of total expenses on average (3% to 11%)

LOW$7.3   600 INR
AVERAGE$94   7,800 INR
HIGH$940   78,000 INR
Per Month

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 600 INR to 78,000 INR on commuting with 7,800 INR being the norm for most people in one month. This means that money spent on transport constitutes about 7% of total spending on average but can go as low as 3% or as high as 11%.

Food and Groceries Cost28%

28% of total expenses on average (20% to 34%)

LOW$18   1,500 INR
AVERAGE$240   20,000 INR
HIGH$2,400   200,000 INR
Per Month

The average outlay on groceries in a month in Rajasthan is 20,000 INR. The cost of groceries can range between 1,500 INR to 200,000 INR. People spend on average about 28% on food and groceries with upper and lower bounds of 20% and 34% respectively.

Healthcare and Medical Services10%

10% of total expenses on average (5% to 13%)

LOW$5.1   420 INR
AVERAGE$66   5,500 INR
HIGH$660   55,000 INR
Per Month

People in Rajasthan allocate 5% to 13% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending is around 10%. The range of medical expenses range from 420 INR to 55,000 INR with 5,500 INR being the norm.

Leisure and Shopping4%

4% of total expenses on average (2% to 8%)

LOW$2.9   240 INR
AVERAGE$38   3,100 INR
HIGH$380   31,000 INR
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 240 INR to 31,000 INR with 3,100 INR being the average. Speaking of percentages, that equates to 2% to 8% of total expenses with an average of 4% for most residents.

Education and Schooling5%

5% of total expenses on average (3% to 11%)

LOW$4.4   360 INR
AVERAGE$57   4,700 INR
HIGH$570   47,000 INR
Per Month

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 4,700 INR per month with 360 INR being the minimum spent amount and 47,000 INR being the maximum.

Other Expenses14%

14% of total expenses on average (9% to 21%)

LOW$9.4   780 INR
AVERAGE$120   10,000 INR
HIGH$1,200   100,000 INR
Per Month
Percentage of people who manage to save money from their income every month in Rajasthan

How much money can you save in Rajasthan 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 Rajasthan manage to save money from their income every month?


Saving Money
66%
Not Saving
34%

Almost 66% of the surveyed people in Rajasthan said that they can save some money at the end of each month while 34% said that aren't saving anything.


Percentage of people saving money by population group in Rajasthan

GroupSaversNon Savers
Singles66%34%
Couples60%40%
Families54%46%

Savings-to-Income Ratio

The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.


Savings to income ratio in Rajasthan

Saving to Income Ratio

12% 21% of income 35%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

1,800 INR
$21
23,000 INR
$280
230,000 INR
$2,800
MINIMUM AVERAGE MAXIMUM

For most people, 12% to 35% of their monthly income is what they can allocate to their savings, with 21% being the average. The amount of money that people can save is approximately 23,000 INR on average with savings ranging from 1,800 INR to 230,000 INR.

66% of surveyed singles reported some of their income going to savings while 60% of couples said the same. 54% of families confirmed their ability to save money.


How much money do people actually save in Rajasthan?

The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.


Singles

Saving to Income Ratio

15% 25% of income 37%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

1,800 INR
$21
16,000 INR
$190
110,000 INR
$1,300
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for singles

Saving To Income Ratio% Singles
0% - 10%32%
10% - 20%25%
20% - 30%16%
30% - 40%13%
40% - 50%10%
> 50%4%

Interpretation and Analysis

Singles who can afford to save reported that they allocate from 15% to 37% of their monthly income to savings, with 25% being the average for most singles. The average amount of money that singles are able to save is 16,000 INR with 1,800 INR and 110,000 INR being the minimum and maximum respectively.


Couples

Saving to Income Ratio

13% 23% of income 36%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

8,900 INR
$110
27,000 INR
$320
140,000 INR
$1,700
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for couples

Saving To Income Ratio% Couples
0% - 10%36%
10% - 20%27%
20% - 30%19%
30% - 40%8%
40% - 50%7%
> 50%3%

Interpretation and Analysis

Couples who confirmed their ability to save reported saving equivalent to 13% to 36% of their monthly income, with 23% being the average for most couples. The average amount of money that couples can save is 27,000 INR with 8,900 INR and 140,000 INR being the minimum and maximum respectively.


Families

Saving to Income Ratio

12% 20% of income 32%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

12,000 INR
$150
35,000 INR
$430
230,000 INR
$2,800
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for families

Saving To Income Ratio% Families
0% - 10%39%
10% - 20%30%
20% - 30%20%
30% - 40%5%
40% - 50%4%
> 50%2%

Interpretation and Analysis

Families in Rajasthan can save anywhere between 12% to 32% of their monthly income, with 20% being the average for most families. The average amount of money that families can put aside is 35,000 INR with 12,000 INR and 230,000 INR being the minimum and maximum respectively.

Reasons that make it difficult for people to save money in Rajasthan

Saving Challenges in Rajasthan

Reasons that make it difficult for people to save money

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


Reason% People
Low Income5%
High Expenses8%
Debt and Loans14%
Lack of Budgeting Skills12%
Impulsive Spending11%
Financial Emergencies7%
Living the moment5%
Will do it later21%
Inflation13%
Social Pressure3%
Market Instability2%

Around 5% of the people said that their salary is too low to accommodate a portion for savings while 8% said that the high cost of living leaves little room for savings. 14% 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. 11% 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. 21% 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. 13% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 3% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 2% blamed market instability and price fluctuations.

Where do people choose to put their savings in Rajasthan

Typical saving choices for people in Rajasthan

Where do people choose to put their savings?


Saving Type% People
Emergency Funds12%
Gold13%
Savings Accounts17%
Retirement Accounts10%
Cash Savings20%
Real Estate9%
Investment5%
Stocks4%
Bonds5%
Mutual Funds2%
Certificates of Deposit3%
A typical and healthy budgeting structure. The 50-30-20 rule

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

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Income and cost of living compatibility. Is it affordable or economical to live in Rajasthan

Affordable living in Rajasthan

Income and cost of living compatibility

We asked residents one simple question and recorded their answers.

Is it affordable or economical to live in Rajasthan?


Yes
57%
No
43%

Around 57% of surveyed residents think that living in Rajasthan is affordable with proper budgeting while 43% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting. Are there plenty of low-cost options in Rajasthan

Low-cost alternatives in Rajasthan

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 options65%

Few low-cost options35%


Based on the survey, 65% of the people living in Rajasthan have no problem finding low-cost alternatives to support a frugal lifestyle while 35% 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 Rajasthan whether they have an emergency fund and the answers were as follows.

Yes57%

No43%


Based on the survey, 43% of the people living in Rajasthan said that they don't have an emergency fund while 57% said that they do.

Financial literacy and difficulty in budgeting and financial planning in Rajasthan

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 and targets of people living in Rajasthan

Financial goals of people in Rajasthan

In an attempt to understand the economic situation in Rajasthan, 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.


Financial Goal% People
Emergency Fund8%
Debt Reduction42%
Retirement Savings10%
Education Funding7%
Homeownership18%
Investing7%
Travel or Lifestyle7%
Healthcare Expenses13%
Financial Independence5%

Around 8% of those who participated in the survey said that their main goal is to establish an emergency fund to cover unexpected expenses while 42% said their number one priority is to pay off high-interest debt or loans and improve credit. 10% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 7% reported that their priority is saving for the tuition fees and education costs of their children while 18% choose to buy a home or pay off existing mortgage before other things. 7% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 7% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 13% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Retirement, pension plans, and life after work in Rajasthan

What does the retirement lifestyle look like in Rajasthan 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.


The typical saved amount of money you should have at every age as multiples of monthly salary:
AgeAmount
255x monthly salary at age 25
3010x monthly salary at age 30
3515x monthly salary at age 35
4025x monthly salary at age 40
4532x monthly salary at age 45
5048x monthly salary at age 50
5556x monthly salary at age 55
6064x monthly salary at age 60
6578x monthly salary at age 65

The typical average saved amount of money you should have at every age in Rajasthan:
AgeAmount
25200,000 INR
30410,000 INR
35710,000 INR
401M INR
451.5M INR
502.1M INR
552.5M INR
603.1M INR
653.7M INR

Retirement Income Distribution

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

Source% People
Pensions12%
Savings23%
Investments12%
Social Security7%
Annuities7%
Part-time Job14%
Real Estate18%
Dividends and Interest7%

Retirement Monthly Expenses in Rajasthan

4,500 INR
$54
40,000 INR
$480
270,000 INR
$3,200
MINIMUM AVERAGE MAXIMUM
Chart showing the percentage of people who are in debt in Rajasthan

Debt, loans, and mortgages in Rajasthan


Percentage of people who are in debt


In Debt
31%
Debt Free
69%

According to the survey, 31% of the people in Rajasthan have some kind of debt, loan, mortgage, or credit card payments while 69% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Rajasthan

Debt-to-income ratio in Rajasthan

Debt to income ratio

36%

27% to 46%

( monthly debt payment / monthly income ) x 100

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 36% of the people's monthly income in Rajasthan goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%18%
40% - 50%14%
30% - 40%16%
20% - 30%11%
10% - 20%12%
0% - 10%26%

According to our data, 3% of the debtors in Rajasthan pay 60%+ of their income as debt settlement while 18% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 14% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 16% dedicated 30% to 40% of income for same. Things are looking brighter for 11% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Rajasthan

Debt% People
Real Estate Mortgage9%
Auto Loan15%
Student Loan4%
Credit Card29%
Personal Loan43%

9% of debtors in Rajasthan confirm that real estate mortgages constitutes the main part of their outstanding debt while 29% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 15% of people and personal loans rose at 43%. Lastly, student loans are the main source of debt for 4% of debtors in Rajasthan.


About credit score and debt management

Managing debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.

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 Rajasthan

Besides measuring the loan-to-income ratio, we asked residents of Rajasthan 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.

Frequency% People
Never51%
Once a year24%
Twice a year13%
Three times a year9%
Four times a year4%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Rajasthan

Housing costs, accommodation, and housing affordability in Rajasthan

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Rajasthan

Monthly Rent Prices

Studio apartment monthly rent cost

6,500 INR 9,700 INR 26,000 INR
MINIMUM AVERAGE MAXIMUM
$78 $120 $310

1-bedroom apartment monthly rent cost

9,700 INR 16,000 INR 39,000 INR
MINIMUM AVERAGE MAXIMUM
$120 $190 $470

2-bedroom apartment monthly rent cost

13,000 INR 19,000 INR 52,000 INR
MINIMUM AVERAGE MAXIMUM
$160 $240 $630

3-bedroom apartment monthly rent cost

16,000 INR 26,000 INR 71,000 INR
MINIMUM AVERAGE MAXIMUM
$190 $310 $850

Furnished apartment monthly rent cost

31,000 INR 78,000 INR 160,000 INR
MINIMUM AVERAGE MAXIMUM
$380 $940 $1,900

Townhouse monthly rent cost

26,000 INR 39,000 INR 110,000 INR
MINIMUM AVERAGE MAXIMUM
$310 $470 $1,300

House monthly rent cost

31,000 INR 78,000 INR 160,000 INR
MINIMUM AVERAGE MAXIMUM
$380 $940 $1,900

Villa monthly rent cost

39,000 INR 97,000 INR 160,000 INR
MINIMUM AVERAGE MAXIMUM
$470 $1,200 $1,900

The monthly rental cost of a studio apartment in Rajasthan ranges between 6,500 INR and 26,000 INR, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 9,700 INR to 39,000 INR. Two-bedroom rentals rate ranges between 13,000 INR and 52,000 INR per month. The monthly rental for a three-bedroom apartment ranges from 16,000 INR to 71,000 INR. The average rent of a townhouse in Rajasthan is around 39,000 INR while house rental costs can be as high as 78,000 INR per month. Finally, if you want to rent a villa, expect to pay anywhere from 39,000 INR to 160,000 INR per month.



Apartment and house prices in Rajasthan

Cost of buying a property

Studio apartment price

1.3M INR 1.9M INR 3.9M INR
MINIMUM AVERAGE MAXIMUM
$16,000 $24,000 $47,000

1-bedroom apartment price

1.6M INR 2.6M INR 9.7M INR
MINIMUM AVERAGE MAXIMUM
$19,000 $31,000 $120,000

2-bedroom apartment price

2.6M INR 7.8M INR 16M INR
MINIMUM AVERAGE MAXIMUM
$31,000 $94,000 $190,000

3-bedroom apartment price

8.7M INR 13M INR 39M INR
MINIMUM AVERAGE MAXIMUM
$100,000 $160,000 $470,000

Townhouse price

11M INR 26M INR 97M INR
MINIMUM AVERAGE MAXIMUM
$130,000 $310,000 $1.2M

House price

13M INR 78M INR 110M INR
MINIMUM AVERAGE MAXIMUM
$160,000 $940,000 $1.3M

Villa price

16M INR 87M INR 130M INR
MINIMUM AVERAGE MAXIMUM
$190,000 $1M $1.6M

The average price of a studio apartment in Rajasthan can range from 1.3M INR to 3.9M INR depending on location. One bedroom cost can be anywhere from 1.6M INR to 9.7M INR. A villa can cost you 87M INR on average with prices ranging from 16M INR to 130M INR.


If you're leasing or purchasing, housing costs in Rajasthan will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


38 x109 monthly income 228
MINIMUM AVERAGE MAXIMUM

Property prices in Rajasthan can be x109 to x228 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x109 multiples of the average monthly salary in Rajasthan.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


22% 34% of income 45%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Rajasthan is around 34%. This means that people pay 34% of their income for rent. Those figures can range from 22% to 45% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

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.

Housing Affordability Index
31%

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.


FROM
2%
AVERAGE
3%
TO
4.1%

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.


120 INR 1,600 INR 16,000 INR
MINIMUM AVERAGE MAXIMUM

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 Rajasthan

Utilities expenditure can vary slightly between different areas and locations.


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

Utility Bill Cost / Electricity + Water + Gas / Individual

450 INR 3,300 INR 22,000 INR
MINIMUM AVERAGE MAXIMUM
$5.5 $39 $260

Utility Bill Cost / Electricity + Water + Gas / Couple

1,200 INR 4,100 INR 26,000 INR
MINIMUM AVERAGE MAXIMUM
$15 $49 $320

Utility Bill Cost / Electricity + Water + Gas / Family

2,100 INR 6,000 INR 39,000 INR
MINIMUM AVERAGE MAXIMUM
$25 $73 $470

Internet and cable cost

350 INR 710 INR 940 INR
MINIMUM AVERAGE MAXIMUM
$4.3 $8.5 $11

Mobile phone bill and charges

280 INR 470 INR 1,400 INR
MINIMUM AVERAGE MAXIMUM
$3.4 $5.7 $17

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly expenditure for individuals on electricty, water, and gas in Rajasthan ranges between 450 INR and 22,000 INR with average being 3,300 INR, meanwhile the expenditure of couples is slightly higher at 4,100 INR with 1,200 INR and 26,000 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 6,000 INR. The cost of internet and WiFi is unchanged among the three groups and ranges from 350 INR to 940 INR with 710 INR being the average internet bill. Finally, the average monthly mobile charges is around 470 INR but can range between 280 INR and 1,400 INR depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


3.5% 6.9% of income 12%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Rajasthan is around 6.9%. This means that people pay 6.9% of their income for energy, water, internet, and mobile charges. Those figures can range from 3.5% to 12% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Rajasthan

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Rajasthan

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

Fast food combo meal price

71 INR 140 INR 240 INR
MINIMUM AVERAGE MAXIMUM
$0.85 $1.7 $2.8

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Rajasthan is approximatly 140 INR with meal cost ranging from 71 INR to 240 INR. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

250 INR 370 INR 740 INR
MINIMUM AVERAGE MAXIMUM
$3 $4.5 $9

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 250 INR and 740 INR with 370 INR being the average price of a plate for one person at a regular restaurant in Rajasthan.

Fine dining meal for one price

500 INR 740 INR 3,000 INR
MINIMUM AVERAGE MAXIMUM
$6 $9 $36

The price range of a meal at fine-dining restaurant is 500 INR to 3,000 INR with the average cost being 740 INR for one person. This is what you would expect to pay a top-tier diner in Rajasthan.

Beverage prices, cappuccino, latte etc..

59 INR 94 INR 140 INR
MINIMUM AVERAGE MAXIMUM
$0.71 $1.1 $1.7

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Rajasthan is around 94 INR. Price ranges between 59 INR and 140 INR depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

47 INR 56 INR 71 INR
MINIMUM AVERAGE MAXIMUM
$0.57 $0.68 $0.85

The average price of a large bottle of milk in Rajasthan is 56 INR. The maximum what you would pay for milk is 71 INR and the minimum being 47 INR depending on the brand of milk and other properties.

12 eggs price

35 INR 47 INR 71 INR
MINIMUM AVERAGE MAXIMUM
$0.43 $0.57 $0.85

A dozen eggs costs around 47 INR on average with 35 INR and 71 INR being the lower and upper limits respectively.

Fresh whole chicken price

80 INR 100 INR 150 INR
MINIMUM AVERAGE MAXIMUM
$0.97 $1.3 $1.8

The price range of a fresh whole chicken in Rajasthan is between 80 INR and 150 INR depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 100 INR.

Pack of beef price

94 INR 140 INR 280 INR
MINIMUM AVERAGE MAXIMUM
$1.1 $1.7 $3.4

The price of a regular pack of beef or meat is around 140 INR. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

38 INR 52 INR 73 INR
MINIMUM AVERAGE MAXIMUM
$0.46 $0.63 $0.89

A bag of rice in Rajasthan costs around 52 INR on average with prices rangeing between 38 INR and 73 INR depending on the brand and quality.

Bag of tomatos price

14 INR 19 INR 35 INR
MINIMUM AVERAGE MAXIMUM
$0.17 $0.23 $0.43

A bag of tomatoes costs anywhere from 14 INR to 35 INR. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

25 INR 33 INR 54 INR
MINIMUM AVERAGE MAXIMUM
$0.30 $0.40 $0.65

A bag of apples costs 33 INR on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


22% 31% of income 38%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Rajasthan is around 31%. This means that people spend 31% of their income on grocery and basic household items. The expenditure can range from 22% to 38% depending on salary and location.


Expenditure on food and grocery for every population group

A single person living alone spends approximately 8,700 INR per month on grocery and food with expenditure fluctuating between 1,200 INR and 58,000 INR depending on location and the type of person. The average cost of food and groceries for a couple is around 13,000 INR per month. That number can be get as low as 4,200 INR or a high as 67,000 INR. Families' spending on grocery ranges from 7,600 INR to 140,000 INR with the location, income, and size of the family being the most determinite factors.


Single
Spending habits, consumption analysis, and expenditure patterns for a single person living in Rajasthan

Housing cost for a single person30%

30% of total expenses on average (18% to 42%)

LOW$33   2,700 INR
AVERAGE$240   20,000 INR
HIGH$1,600   130,000 INR
Per Month

Utilities, Electricity, Water, Internet, Mobile9%

9% of total expenses on average (5% to 14%)

LOW$5.5   450 INR
AVERAGE$39   3,300 INR
HIGH$260   22,000 INR
Per Month

Transport and Fuel Cost5%

5% of total expenses on average (3% to 11%)

LOW$7.3   610 INR
AVERAGE$52   4,300 INR
HIGH$350   29,000 INR
Per Month

Food and Groceries Cost19%

19% of total expenses on average (13% to 24%)

LOW$15   1,200 INR
AVERAGE$100   8,700 INR
HIGH$700   58,000 INR
Per Month

Healthcare Cost12%

12% of total expenses on average (6% to 16%)

LOW$8.2   680 INR
AVERAGE$59   4,900 INR
HIGH$390   33,000 INR
Per Month

Leisure and Shopping Expenditure2%

2% of total expenses on average (2% to 5%)

LOW$4.6   380 INR
AVERAGE$33   2,700 INR
HIGH$220   18,000 INR
Per Month

Education Cost1%

1% of total expenses on average (0.00% to 3%)

LOW$1.8   150 INR
AVERAGE$13   1,100 INR
HIGH$87   7,200 INR
Per Month

Other Expenses22%

22% of total expenses on average (14% to 26%)

LOW$16   1,400 INR
AVERAGE$120   9,800 INR
HIGH$780   65,000 INR
Per Month


Couple
Average monthly living expenditure breaks and spending patterns for couples in Rajasthan

Housing cost for a couple27%

27% of total expenses on average (20% to 37%)

LOW$120   10,000 INR
AVERAGE$370   31,000 INR
HIGH$2,000   160,000 INR
Per Month

Utilities, Electricity, Water, Internet, Mobile8%

8% of total expenses on average (6% to 12%)

LOW$15   1,200 INR
AVERAGE$49   4,100 INR
HIGH$320   26,000 INR
Per Month

Transport and Fuel Cost9%

9% of total expenses on average (3% to 14%)

LOW$44   3,600 INR
AVERAGE$130   11,000 INR
HIGH$700   58,000 INR
Per Month

Food and Groceries Cost17%

17% of total expenses on average (12% to 22%)

LOW$51   4,200 INR
AVERAGE$150   13,000 INR
HIGH$810   67,000 INR
Per Month

Healthcare Cost14%

14% of total expenses on average (8% to 18%)

LOW$40   3,300 INR
AVERAGE$120   9,900 INR
HIGH$640   53,000 INR
Per Month

Leisure and Shopping Cost3%

3% of total expenses on average (1% to 6%)

LOW$22   1,800 INR
AVERAGE$65   5,400 INR
HIGH$350   29,000 INR
Per Month

Education Cost1%

1% of total expenses on average (0.00% to 3%)

LOW$7.3   600 INR
AVERAGE$22   1,800 INR
HIGH$120   9,600 INR
Per Month

Other Expenses21%

21% of total expenses on average (15% to 27%)

LOW$62   5,100 INR
AVERAGE$190   15,000 INR
HIGH$990   82,000 INR
Per Month


Family
Average monthly expenses and break out of spending for families living in Rajasthan

Housing cost for a family26%

26% of total expenses on average (21% to 36%)

LOW$160   13,000 INR
AVERAGE$460   39,000 INR
HIGH$3,000   250,000 INR
Per Month

Utilities, Electricity, Water, Internet, Mobile6%

6% of total expenses on average (4% to 9%)

LOW$25   2,100 INR
AVERAGE$73   6,000 INR
HIGH$470   39,000 INR
Per Month

Transport and Fuel Expenses5%

5% of total expenses on average (3% to 7%)

LOW$51   4,200 INR
AVERAGE$150   12,000 INR
HIGH$940   78,000 INR
Per Month

Food and Groceries Cost21%

21% of total expenses on average (14% to 27%)

LOW$92   7,600 INR
AVERAGE$260   22,000 INR
HIGH$1,700   140,000 INR
Per Month

Healthcare Expenses11%

11% of total expenses on average (7% to 16%)

LOW$46   3,800 INR
AVERAGE$150   12,000 INR
HIGH$760   63,000 INR
Per Month

Leisure and Shopping Cost2%

2% of total expenses on average (1% to 6%)

LOW$25   2,100 INR
AVERAGE$73   6,000 INR
HIGH$470   39,000 INR
Per Month

Education Cost13%

13% of total expenses on average (6% to 21%)

LOW$71   5,900 INR
AVERAGE$200   17,000 INR
HIGH$1,300   110,000 INR
Per Month

Other Expenses16%

16% of total expenses on average (9% to 21%)

LOW$41   3,400 INR
AVERAGE$120   9,600 INR
HIGH$760   63,000 INR
Per Month


Student
Cost of living and expenses break down for students living in Rajasthan

Housing costs for Student18%

18% of total expenses on average (13% to 24%)

LOW$17   1,400 INR
AVERAGE$120   9,600 INR
HIGH$780   64,000 INR
Per Month

Utilities, Electricity, Water, Internet, and Mobile Expenses7%

7% of total expenses on average (5% to 11%)

LOW$2.9   240 INR
AVERAGE$19   1,600 INR
HIGH$130   11,000 INR
Per Month

Transport and Fuel Cost4%

4% of total expenses on average (4% to 10%)

LOW$5.1   420 INR
AVERAGE$34   2,800 INR
HIGH$230   19,000 INR
Per Month

Food and Groceries Expenditure23%

23% of total expenses on average (17% to 27%)

LOW$15   1,200 INR
AVERAGE$97   8,000 INR
HIGH$650   54,000 INR
Per Month

Healthcare Cost9%

9% of total expenses on average (6% to 12%)

LOW$4.4   360 INR
AVERAGE$29   2,400 INR
HIGH$190   16,000 INR
Per Month

Leisure and Shopping Cost2%

2% of total expenses on average (2% to 6%)

LOW$3.6   300 INR
AVERAGE$24   2,000 INR
HIGH$160   13,000 INR
Per Month

Education Cost18%

18% of total expenses on average (11% to 23%)

LOW$14   1,100 INR
AVERAGE$92   7,600 INR
HIGH$610   51,000 INR
Per Month

Other Expenses19%

19% of total expenses on average (13% to 25%)

LOW$11   900 INR
AVERAGE$73   6,000 INR
HIGH$480   40,000 INR
Per Month
Jaipur  
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