Tag Cost of living

Cost of living in India – monthly expenses after R2I 2010-2011

Rent + $2100 per month

Cost of living 3

August, 2011

  • Domestic travel – Meenal and I took a vacation in Ladakh. May be one of the most beautiful places we’ve ever seen.
  • Clothes – we didn’t take enough warm clothes to Ladakh thinking that it’ll be warm. Surprisingly we found good American and European brands for outer wear at very good prices.
  • Groceries – My mother-in-law started giving us lots of fruit every time we visited and she refuses to get paid for it. So it won’t be happening any longer.
  • Utils – I started using a smaller room for hanging out and the air conditioning bill went down. Also, we made fewer international calls since we were traveling for 10 days.

See the expenses between November, 2010 – May, 2011

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Buy furniture in India or Ship from USA before R2I?

Furniture shopping in IndiaFurniture shopping in India: Study Table for $225/Rs.9,900Furniture shopping in India: Bed frame for $850/Rs.38,000

I don’t actually know that if there is a ‘furniture mafia’ but how else can you explain such astronomical prices? Furniture costs roughly twice as much as they do in the U.S. and are half as good in quality. If I had known, I would have shipped the big items from America (except the mattress).

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Cost of living in India – Car mileage for 2011

We drive a small/mid-sized sedan (Chevy Optra). Since the beginning of March, air conditioning is used regularly. Not aware of any pilferage.

Cost of living in India 2011 - Car mileage

Economist.com ran a story on car ownership costs across some big cities. Delhi is pretty high up there.

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Ship mattress, comforter from USA or buy in India? Our story…

20101023-IMG_6574PHOTO: Meenal trying out mattresses in Sikandarpur Market, Gurgaon, India

Mattress

Surprisingly, buying a mattress after returning to India was quite straight forward. All of the major brands- Kurl-On, Sleepwell, etc.- can easily be found in most major markets with same day pedal-rickshaw-delivery and cash-on-delivery payment terms. This was a pleasant surprise after our mattress shopping experience in Boston (the entire industry is shady and worse than used car dealers).

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Cost of living in India – setup expenses for 2BR apartment after R2I

Last updated: December 6, 2010January 17, 2011 | US$1 = Rs.47

Setup expenses in India

$12,000

(Rs.5,65,000)
2 bedrooms used in a larger apartment in Gurgaon, India

Setup expenses
Our apartment came with an exhaust over stove $150 (Rs. 7000) and water heaters (Geyser): $160-$225 each (Rs. 7700-Rs.10,000).
Your landlord may or may not provide these.

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Please don’t compare New York’s cost of living with New Delhi or Mumbai

Meenal expressing herself in NYPHOTO: Meenal expressing herself in New York, November 2008.

Alright, I’m quite tipsy now. Can you repeat what you were saying. Oh yes, I remember now: the cost of living in New Delhi or Gurgaon is high and that makes sense. Something something New York something something. Your drink must be better than mine. Even in my current state of intoxication, hearing New York as justification or explanation for the cost of living in Delhi sounds like a stretch. Why?

Gross Metropolitan Product in 2008

  • New York: $1466 Billion
  • INDIA GDP in 2009: $1240 Billion*** 
  • Boston: $338 Billion
  • Mumbai (Bombay): $209 Billion
  • Phoenix, Arizona: $200 Billion
  • New Delhi:  $167 Billion

Source: PricewaterhouseCoopers list of world cities economies

*** Shockingly, New York’s metropolitan product is more than all of India’s GDP. There’s a 9 fold difference in wealth between New Delhi and New York. But 2008 is dated. New York and America have suffered an economic ‘situation’ since. New Delhi and India, on the other hand, are growing at 5-10% per year. Fair enough, let’s fast forward …

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