COL comparions SIN vs BLR
I am going to be posting about Cost of Living (COL) comparisons between Singapore & Bangalore on various things. The background is that I am hearing a lot of mixed reports about Bangalore's cost of living. Some saying it is becoming very costly. Others believe it is still cheap. The idea is to get some numbers.
Day 1:
Ride from Airport to Home:
In Bangalore: Rs. 726.
Direct Conversion: SGD: 28
PPP Conversion: SGD 72.6 (assuming PPP exchange rate of 10)
In S'pore, ride from Airport to Jurong: SGD 29.00+ (as per gothere.sg)
(reasonable comparison since my house in Blore is at other end of the town)
Analysis: With a direct conversion itself, it is just about matching, with PPP, Bangalore is quite costly.
Verdict: Bangalore is costly.
Commute from BG Road to Tin Factory By Volvo:
In Bangalore: Rs. 65+ (two legs of Rs. 10 each and one leg of Rs. 45)
Direct Conversion: SGD 1.60
PPP Conversion: SGD 6.5
In S'pore, ride from Sengkang to Jurong: SGD 1.69 (by bus. By Train is 2.02)
(Reasonable Comparison distance wise)
Analysis: With a direct conversion itself, it is just about matching, with PPP, Bangalore is quite costly.
Verdict: Bangalore is costly.
Meetha Pan:
In Bangalore: Rs. 7
Direct Conversion: SGD 0.20
PPP Conversion: SGD 0.70
In Singapore: SGD 1 (There is a guy selling Paans in Little India)
Analysis: Bangalore is cheaper by both PPP & Direct Comparison
Verdict: Bangalore is cheaper.
Day 1:
Ride from Airport to Home:
In Bangalore: Rs. 726.
Direct Conversion: SGD: 28
PPP Conversion: SGD 72.6 (assuming PPP exchange rate of 10)
In S'pore, ride from Airport to Jurong: SGD 29.00+ (as per gothere.sg)
(reasonable comparison since my house in Blore is at other end of the town)
Analysis: With a direct conversion itself, it is just about matching, with PPP, Bangalore is quite costly.
Verdict: Bangalore is costly.
Commute from BG Road to Tin Factory By Volvo:
In Bangalore: Rs. 65+ (two legs of Rs. 10 each and one leg of Rs. 45)
Direct Conversion: SGD 1.60
PPP Conversion: SGD 6.5
In S'pore, ride from Sengkang to Jurong: SGD 1.69 (by bus. By Train is 2.02)
(Reasonable Comparison distance wise)
Analysis: With a direct conversion itself, it is just about matching, with PPP, Bangalore is quite costly.
Verdict: Bangalore is costly.
Meetha Pan:
In Bangalore: Rs. 7
Direct Conversion: SGD 0.20
PPP Conversion: SGD 0.70
In Singapore: SGD 1 (There is a guy selling Paans in Little India)
Analysis: Bangalore is cheaper by both PPP & Direct Comparison
Verdict: Bangalore is cheaper.
Comments
1) I dont know when was the last time you visited/inquired about BLR rents. Now, a 2BHK in the top 20 (yes, 20 and not top 5) residential areas is in the range of 15k-20k.
2) A movie - 80% of new releases happen in multiplexes only. A movie ticket in a multiplex on a weekend is in the range of 200-350. Btw, weekend in bangalore (for a movie) is thurs,fri,sat,sun.
It is ofcourse, freaking costly in bangalore now!