Nashik, a rapidly growing city in Maharashtra, will have an affordable cost of living in 2025, making it a popular choice for both individuals and families. One key advantage is housing affordability, with rental rates and property prices significantly lower than those in larger metropolitan cities.
The city offers various housing options, from budget-friendly apartments to premium properties, catering to various preferences and needs. It offers a comfortable lifestyle at a fraction of the cost found in larger cities, making Nashik a compelling and cost-effective destination for those looking to settle in 2025.
This comprehensive guide on the cost of living in Nashik provides valuable insights for anyone planning to relocate and establish their home in the city.
Nashik offers a range of affordable dining options, with a typical meal at a casual restaurant costing around Rs. 260 much lower than in other cities. For those seeking a finer dining experience, the city provides quality meals at budget-friendly prices.
Particulars |
Approximate Cost |
A basic meal in an inexpensive restaurant |
Rs. 260 |
Three-course meal in a mid-range restaurant |
Rs. 450 per person |
Domestic beer (500 ml) |
Rs. 170 |
Imported beer (330 ml bottle) |
Rs. 350 |
Cappuccino |
Rs. 150 |
Coke/Pepsi (330 ml bottle) |
Rs. 40 |
Water (330 ml bottle) |
Rs. 15 |
McMeal in McDonald's |
Rs. 280 |
Thanks to its proximity to agricultural areas, Nashik offers significantly more affordable groceries and local produce.
Fresh fruits, vegetables, and everyday essentials are priced lower, offering great savings. For example, a kilogram of apples in Nashik typically costs between Rs. 110 and Rs. 140, while the same quantity could be priced as high as Rs. 200 in metropolitan cities.
Particulars |
Approximate Cost |
White Rice (1 kg) |
Rs. 65 |
Milk (1 litre) |
Rs. 65 |
White bread (500 gm) |
Rs. 50 |
Eggs (1 dozen) |
Rs. 80 |
Chicken (1 kg) |
Rs. 210 |
Onion (1 kg) |
Rs. 40 |
Potato (1 kg) |
Rs. 35 |
Tomato (1 kg) |
Rs. 60 |
Apple (1 kg) |
Rs. 135 |
Orange (1 kg) |
Rs. 85 |
Public transportation in Nashik, including buses and auto-rickshaws, is incredibly affordable, which reduces the living costs in Nashik. A monthly pass for local buses costs around Rs. 1,050, offering a cost-effective way to get around. In comparison, metro or bus fares in cities like Delhi or Mumbai can reach around Rs. 400 for similar services.
Furthermore, fuel prices in Nashik are lower, making commuting via personal vehicles a more economical option. These factors contribute to Nashik's reputation as a budget-friendly city for daily travel.
Particulars |
Approximate Cost |
One-way ticket in a local transport |
Rs. 35 |
Monthly pass |
Rs. 1,050 |
Taxi tariff per km |
Rs. 20 |
Taxi tariff for 1 hour of waiting |
Rs. 115 |
Gasoline |
Rs. 100 per litre |
Basic utilities in Nashik, including electricity, water, and garbage disposal, typically cost between Rs. 1,550 and Rs. 3,050 per month, making it quite affordable compared to larger cities. Internet services in Nashik are also competitively priced, especially in rural areas, where the cost is considerably lower than in metropolitan regions.
Particulars |
Approximate Cost |
Basic amenities like heating, cooling, electricity and water |
Rs. 1,780 |
Mobile phone (Monthly plan) |
Rs. 285 |
Internet cost (Unlimited data) |
Rs. 620 |
Fitness centers, yoga classes, and recreational activities in Nashik are all reasonably priced. Monthly gym memberships typically cost around Rs. 1,500, which is more affordable than in metropolitan cities.
Cinema tickets and other entertainment options in Nashik are budget-friendly, enabling residents to enjoy diverse leisure activities without straining their budgets. This makes the city an attractive option for those looking to maintain an active lifestyle and enjoy entertainment without overspending.
Particulars |
Approximate Cost |
Gym membership per month |
Rs. 1,500 |
Tennis court rent per hour |
RS. 540 |
Movie ticket per seat |
Rs. 260 |
Childcare services, including daycare and preschools, are highly affordable in Nashik. Monthly fees for a quality preschool typically range around Rs. 3,350. This affordability, coupled with access to quality education, offers a significant advantage for families looking to provide their children with top-notch care and learning opportunities without the high costs found in larger cities.
Particulars |
Approximate Cost |
Preschool/kindergarten |
Rs. 3,350 per month |
International primary school |
Rs. 1.04 Lakh per year |
Shopping in Nashik is budget-friendly, with both local markets and branded outlets offering clothes and shoes at competitive prices. For instance, a pair of jeans typically costs around Rs. 1,350 in Nashik. This makes Nashik an attractive and economical option for shoppers looking to stretch their budgets while still enjoying quality fashion.
Particulars |
Approximate Cost |
Pair of jeans |
Rs. 1,350 |
Summer dress |
Rs. 2,170 |
Pair of running shoes |
Rs. 3,700 |
Pair of men's leather business shoes |
Rs. 3,100 |
Rent affect the cost of living in Nashik. 1 BHK apartment in Nashik typically costs between Rs. 8,550 and Rs. 12,650 per month. Even larger homes, such as 2 BHKs and 3 BHKs, are available at affordable prices, making Nashik an appealing option for those seeking comfortable and budget-friendly living spaces.
Particulars |
Approximate Cost |
1 BHK apartment |
City centre: Rs. 12,650 |
Outside city: Rs. 8,550 |
|
3 BHK apartment |
City centre: Rs. 27,250 |
Outside city: Rs. 17,850 |
Nashik offers a diverse selection of flats and multistorey apartments, with prices ranging from Rs. 16 Lakh to Rs. 2.89 Crore, making it a promising destination for real estate investment. The average price for multistorey apartments is approximately Rs. 56.6 Lakh, with the median price standing at Rs. 45 Lakh.
Property prices in Nashik can vary significantly depending on the area. Below are the average property prices in different localities:
Name of the Area |
Average Price |
Nashik Road |
Rs. 4,300 per sq ft |
Pathardi Phata |
Rs. 4,100 per sq ft |
Indira Nagar |
Rs. 4,550 per sq ft |
Gangapur |
Rs. 5,250 per sq ft |
Makhmalabad |
Rs. 3,650 per sq ft |
While salaries in Nashik may be lower than in metropolitan areas, the city's affordable cost of living helps balance out overall expenses. This makes it possible for residents to maintain a comfortable lifestyle without the financial strain found in larger cities.
Furthermore, financing options such as loans and credit services are readily available, with competitive interest rates, making it easier for residents to manage their finances effectively and plan for future investments.
Particulars |
Approximate Cost |
Monthly salary after tax deduction |
Rs. 45,000 |
Mortgage interest rate (yearly basis) |
8.74% |
Yes, modern infrastructure and relatively affordable healthcare have driven the growth of medical tourism in Nashik, attracting patients from across the state and other regions.
The cost of living in Nashik is significantly lower than that of other Indian cities. For instance, it is approximately 51% cheaper than Mumbai, making it a highly economical choice.
Furthermore, the cost of living in Amravati is 1.2% higher than in Nashik without rent, which highlights Nashik's affordability and makes it perfect for all individuals.
Yes, Nashik is an excellent choice for families due to its affordable living costs. It offers various housing options, transportation costs, grocery costs, utilities, childcare and schooling costs, and healthcare facilities that are much more budget-friendly compared to major cities.
To save money in Nashik, shop at local markets for fresh produce, use public transport or carpool to cut commuting costs, and opt for budget-friendly housing. Limit dining out by cooking at home, conserving utilities, shopping during sales, and enjoying free or low-cost leisure activities like parks and community events.