If you have been looking for a flat on rent in Ghaziabad, we have just found out that you are going to make savings.

Why?

According to Expatistan, Ghaziabad is about 12% cheaper than Delhi, which means you can save money from food, housing, clothes, transportation, and personal care. Besides this, a significant chunk of the monthly expenditure would come from the rent of your flat. This means that if you want to keep your cost of living standard low, you need to find a rental flat in Ghaziabad such that it meets your requirements as well as is cheaper.

What are the Rent Trends in Ghaziabad?

In order to understand how the locality is important when considering the rent trend, we have divided the locality into two categories—City Centre and Outside of the City Centre. City Centre will consist of the localities, wherein the accessibility to convenient stores and market is good. As opposed to this, as you start moving away from the City Centre, you will find that the rent of flats in Ghaziabad are dropping, however, the reach to key destinations is also shrinking.

So, if you are looking to rent a 1 BHK flat in Ghaziabad in the City Centre, you should look at the range of Rs. 9,000 to Rs, 15, 000. For the same size of flat, if you move outside of the City Centre, you can rent it for Rs. 8,000 to Rs. 10,000.

If you want to rent a 2 BHK flat in Ghaziabad in the City Centre, the price range that you should look at will be Rs. 22,000 to Rs, 30,000. On the other hand, the same size of the flat on the outside of the City Centre would cost you Rs. 15,000 to Rs. 20,000.

When you are moving in with your family and you require to rent a 3 BHK flat in Ghaziabad, you should look at the range of Rs. 28,000 to Rs, 40,000. In some of the prime locations, the price may even escalate to Rs. 45,000 to Rs. 50,000. For the same size of flat on the outside of the City Centre, you can expect the monthly rent in the range of Rs. 25,000 to Rs, 35,000.

Cost of Living in Ghaziabad for a Family

Now that you know the rent trend it is essential for you to know how much cost of living you should look at. For a family of four, you would expect to stay in at least a 2 BHK flat, which could cost you about Rs. 25,000/ month. Now, let’s add the grocery of Rs. 5,000 to it, and transportation charges of Rs. 3,000 to it. If you have parents who are ageing rapidly, you will need to keep aside a budget of Rs. 3,000 for medicines. Considering the other Rs. 10,000 on entertainment, bills, Internet, and other facilities, your monthly cost of living would be in the range of about Rs. 45,000 to Rs. 50,000.

Cost of Living in Ghaziabad for Bachelors

As a bachelor, you should look at the rent of your place in the range of Rs. 6,000 to Rs. 8,000. Add another Rs. 10,000 for your needs and wants for entertainment, travel, and other bills, and you will be sorted with Rs. 20,000 as your monthly cost of living in Ghaziabad.