Bangalore takes the costly city tag, Hyderabad inexpensive

Published: Friday, March 30, 2012, 13:23 [IST]

Hyderabad, Mar 30: The City of Pearls, Hyderabad has been ranked the second most inexpensive city to live in India after Delhi.

While Bangalore has been ranked as the most expensive city to live in owing to the influx of the IT-industry, followed closely by Mumbai, Kolkata, Chennai and Hyderabad, according to a RBI's comparative analysis of the Consumer Price Index (CPI).

Delhi is the cheapest city in India to live in as it gets its subsidies from Central government, Hyderabad also follows the suite as it falls easy on the pocket due to low house rents, power costs and cheap food in the city.

The cost of living in Urban Andhra Pradesh would, however, be higher than that of Hyderabad keeping in mind the local income and expenditure levels. The city stands behind when it comes to price rise.