🇮🇳 Cost of Living in Maharashtra - Prices & Budget Guide
Last updated: February 2026
Economic Indicators
GDP per Capita (PPP)$11,160 (2024)
Inflation Rate5.0% (2024)
Health Spend per Capita$85 (2023)
Out-of-Pocket Health Spend43.9% (2023)
Education Spend (% GDP)4.1% (2022)
Source: World Bank Open Data
The cost of living in Maharashtra is generally moderate, with a daily budget ranging from $20-50 USD for backpackers to $100-200 USD for mid-range travelers and $250-500 USD for those seeking comfort.
Quick Facts
Cost LevelModerate
Daily Budget (Backpacker)$20-50 USD
Daily Budget (Mid-Range)$50-100 USD
Daily Budget (Comfort)$100-250 USD
CurrencyINR
Tipping Customexpected (5-10%)
How Expensive Is Maharashtra?
Maharashtra, being one of the most populous and economically developed states in India, has a cost of living that is relatively moderate compared to other major cities in the world. However, prices can vary greatly depending on the location, with cities like Mumbai and Pune being more expensive than smaller towns and rural areas. Compared to its neighboring states, Maharashtra is generally more expensive, but still offers a great value for money for tourists and expats alike.
Maharashtra's economy is driven by a mix of industries, including technology, manufacturing, and services, which has led to a growth in the standard of living and a corresponding increase in prices. However, the state still offers a unique blend of traditional and modern culture, rich history, and natural beauty, making it an attractive destination for travelers. With some planning and research, visitors can find affordable options for accommodation, food, and transportation, making Maharashtra an excellent choice for travelers with a moderate budget.
Accommodation Prices
Type
Price Range (USD/night)
Notes
Hostel/Budget
$10-20
Basic dorms and guesthouses, often with shared facilities
Mid-Range Hotel
$30-60
Comfortable hotels with private rooms and amenities like TV and Wi-Fi
Luxury/Resort
$100-250
High-end hotels and resorts with premium amenities and services
Apartment Rent (monthly)
$200-500
City center: $300-600, outside city center: $150-300
Food & Dining Prices
Meal Type
Price Range (USD)
Street Food / Local Eatery
$3-5
Casual Restaurant
$10-20
Mid-Range Restaurant (2 people)
$20-30
Fine Dining
$50-100
Beer (local)
$5-10
Coffee
$2-5
Water (1.5L bottle)
$1-2
Transport Costs
Transport
Cost (USD)
Local bus/metro ride
$0.20-0.50
Taxi (per km)
$0.50-1.00
Domestic flight
$50-100
Fuel (per liter)
$0.80-1.20
Monthly Budget Breakdown
Category
Budget ($)
Mid-Range ($)
Comfortable ($)
Rent
150-300
300-500
500-1000
Food
150-300
300-500
500-1000
Transport
50-100
100-200
200-500
Utilities
50-100
100-200
200-500
Entertainment
100-200
200-500
500-1000
Total
500-1000
1000-2000
2000-4000
Money-Saving Tips
Consider staying in smaller towns or outside city centers to save on accommodation costs
Eat at local eateries and street food stalls to experience authentic cuisine at a lower cost
Use public transport or walk/bike whenever possible to save on transportation costs
Avoid traveling during peak season (December to February) to get better deals on flights and accommodation
Learn some basic Hindi and Marathi phrases to negotiate prices and interact with locals
Take advantage of the many free or low-cost cultural and historical attractions in Maharashtra, such as the Gateway of India and the Ellora Caves