If you’re heading to Hyderabad as part of the cohort that has secured admission to one of the country’s top colleges, congratulations! You’ve achieved the dream you’ve been aiming for a long time. But as you pack your bag and say goodbye to your family, you’re not sure what to expect from the new city. After all, you’ve never lived alone or been in charge of your own money before. How will you manage? Should you fork up the cash for a 1BHK in Hyderabad for rent or just settle for a hostel? What about public transport costs and availability? And what are you even going to do about entertainment without burning a hole through your wallet? Well, if you’re still a newbie to Hyderabad and have no idea how much survival costs in the city, don’t worry, because we’ve got your back. Here’s an ultimate guide to students living in Hyderabad and all the expenses that you’re likely to encounter. Knowing these figures will help you plan better financially and be more responsible for your expenditure in the city.
Today we’re looking at the basic expense groups that every student in Hyderabad will have – accommodation, transportation, utilities, and entertainment. If you’ve got a budget that accounts for these elements, you’ll be good to go. Of course, if you have any other specific requirements, you’ll need to do your own research into those areas well. So, without further ado, let’s take a look at how much it costs for a student to live in Hyderabad.
The largest chunk of your monthly allowance is going to be on your accommodation, which means that you need to think carefully about what you’re choosing in order to make the most of your money. Luckily, Hyderabad is a very migrant-friendly city and has a lot of accommodation options at different price points. You could opt for a PG or hostel with a budget of around Rs 5000 depending on the room size, the number of people you’re sharing with, and the location. But if you want a place which will offer you meals, amenities and other add-ons like internet or laundry, you’ll have to pay a bit more. If it’s privacy you’re looking for, a 1BHK flat on rent in Hyderabad will set you back around Rs 15000 in the city center, but less towards the outskirts.
No matter which type of accommodation you choose, you need some basic utilities in order to survive. These include electricity, gas, internet, phone connections, and more. And depending on your usage, these figures can really add up. If you want to save yourself from having to manage a ton of separate bills, you should opt for an accommodation that includes certain amenities in its rent amount. And if that’s not possible, you’ll just have to be more energy efficient in order to keep your expenses low. Opt for a phone plan that includes mobile data, replace your boring cable connection with an OTT streaming service, etc. and you’ll be able to limit your utility costs by a lot. Depending on what your accommodation provides, you could end up spending anywhere between Rs 1500 to Rs 3500 on your utilities every month.
As a student in Hyderabad, you’re going to want to do your fair share of exploring. And unless you have a bike or a vehicle of your own, public transportation is going to be your best friend. Hyderabad has really strong connectivity through either bus or auto and both are readily available. As a student, you can even get a Student Bus Pass for under INR 500. And if you’re in the mood for luxury, you can of course rely on private taxi services like Uber and Ola to ferry you around the city.
You didn’t just come to Hyderabad to study. You’re here to immerse yourself in the culture of the city and enjoy your college life. So, unwinding over the weekend and hanging out with your friends is also something that you need to account for in your budget. A night out to a club or a restaurant in Hyderabad could cost you between INR 500-2500 depending on the type of restaurant and how many people you’re going out with. Catching a movie at a premium multiplex along with popcorn and a drink could take around INR 800 out of your wallet. And if your definition of fun is actually catching a workout session at your local gym, a monthly membership could cost you upwards of INR 1500.
So, these are some of the basic expenses that you can expect as a student in Hyderabad. Remember to make smart choices and you’ll be able to stretch your money a lot further. Good luck!
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