MumbaivsNew York
Overall
💰+185.7%
Mumbai is 185.7%more expensive
Rent
🏠+300.0%
Housing is 300.0% higher
Dining
🍽️+233.3%
Restaurants 233.3% pricier
Groceries
🛒+185.7%
Food shopping 185.7% more
Comparing the cost of living between Mumbai, India and New York, United States reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Mumbai is more expensive than New York by approximately 185.7%. This comparison covers essential living expenses including housing, food, transportation, and utilities, providing you with a complete picture of what to expect financially in each city.
Key Cost Differences
Housing costs in Mumbai are lower than in New York by 75%. A one-bedroom apartment in Mumbai's city center costs around ₹35,000, while the same in New York is approximately $3,500.
Dining out in Mumbai offers significant savings compared to New York. An inexpensive restaurant meal costs ₹200 in Mumbai versus $20 in New York.
Public transportation in Mumbai is more expensive, with monthly passes at ₹1,500 compared to $127 in New York.
Purchasing power in New York is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Mumbai.
Grocery shopping in Mumbai is more affordable by approximately 65%. Basic items like milk, bread, and eggs show lower prices across the board.
Monthly Budget Breakdown
When breaking down monthly expenses, a single person in Mumbai can expect to spend approximately ₹12,260 per month (excluding rent), while in New York, the same lifestyle would cost around $779. For families, these figures increase significantly, with a family of four requiring about ₹42,910 monthly in Mumbai versus $2,727 in New York. These estimates include groceries, dining out, transportation, utilities, and entertainment, providing a realistic picture of day-to-day living costs in each city.
Detailed Cost Comparison
🏠 Housing Costs (Monthly Rent)
🍽️ Food & Dining
🛒 Groceries
🚌 Transportation
💡 Utilities & Internet
Tips for Moving Between Cities
For those considering a move from Mumbai to New York, the cost savings can be substantial, particularly in housing and daily expenses. However, it's important to factor in salary differences and job opportunities. Conversely, moving from New York to Mumbai requires careful financial planning. Consider negotiating salary adjustments that reflect the higher cost of living, and research neighborhoods outside the city center for more affordable housing options while maintaining reasonable commute times.
Quality of Life Indices
Mumbai
New York
Frequently Asked Questions
Is Mumbai more expensive than New York?
Yes, Mumbai is approximately 185.7% more expensive than New York overall. The biggest differences are in housing and restaurant prices.
How much salary do I need in Mumbai compared to New York?
To maintain the same standard of living, you would need approximately 2.9x of your New York salary when living in Mumbai. For example, if you earn $50,000 in New York, you'd need about $142,857 in Mumbai for a comparable lifestyle.
What are the biggest cost differences between Mumbai and New York?
The most significant cost difference is in housing. Rent prices differ by approximately 75%, making it a major factor in your budget planning. Transportation and utilities show notable variations between the two cities.
Which city is better for expats and digital nomads?
New York offers better purchasing power, making it more attractive for those earning in strong currencies. However, New York provides lower living costs, which benefits budget-conscious travelers. Consider Mumbai if you prioritize cultural experiences, or New York for better value.
What's a reasonable monthly budget for Mumbai vs New York?
In Mumbai, a single person needs approximately ₹32,260 per month (including rent), while a family of four requires about ₹92,910. In New York, these figures are $3,279 for singles and $7,227 for families. These estimates include housing, food, transportation, and basic entertainment.
The cost of living comparison between Mumbai and New York in 2025 shows significant differences across various expense categories. Whether you're planning a relocation for work, considering retirement options, or simply curious about living costs, understanding these differences is crucial for making informed financial decisions.
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Find out how much you need to earn in New York to maintain your lifestyle from Mumbai
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