Vol. III · No. 47 · Q1 2026 EditionUpdated Weekly · ECB FX

WorthOf

A global ledger of salary, tax & the price of living

City Comparison · Updated May 2026

Hyderabad

India

COL index 28.2

vs
Mumbai

India

COL index 32.8

Hyderabad vs Mumbai — Cost of Living, Salary & Tax Compared (2026)

Updated today· Recently updated
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The verdict

Living in Hyderabad is 14.0% cheaper than Mumbai for the same lifestyle.

Based on Q1 2026 COL index and median single-person expenditure.

§ 01

Side-by-side stats

Better for cost
HyderabadMetricMumbaiΔ
28.2Cost of living index32.8+16.3%
€50,000Median gross salary€50,0000.0%
€44,000Net at €50,000 gross€44,0000.0%
€460Rent — 1BR centre€680+47.8%
€719Monthly COL (single)€995+38.4%
€156,028PPP — net / COL€134,146-14.0%
12.0%Effective tax @ €50,00012.0%0.0%
§ 02

Monthly expenses — paired

Hyderabad Mumbai
Rent — 1BR centre
Hyderabad
€460
Mumbai
€680
Groceries
Hyderabad
€148
Mumbai
€175
Utilities
Hyderabad
€78
Mumbai
€92
Transport
Hyderabad
€10
Mumbai
€16
Internet
Hyderabad
€10
Mumbai
€14
Gym
Hyderabad
€13
Mumbai
€18
§ 03

Salary equivalence

50,000 gross in India = €3,667 net monthly.

To have the same purchasing power in Mumbai, you would need roughly €58,155 gross in India (≈ €4,265 net monthly, adjusted for cost-of-living index).

€50,000
Hyderabad
€44,000
Net annual · 12.0% effective
PPP-adjusted equivalent
€156,028
Mumbai
€44,000
Net annual · 12.0% effective
PPP-adjusted equivalent
€134,146
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§ 04

Pros & cons

Hyderabad
  • +Significantly cheaper rent (€460)
  • +Low overall cost of living (index 28)
  • +Favourable tax rate (12.0%)
Mumbai
  • +Low overall cost of living (index 33)
  • +Favourable tax rate (12.0%)
§ 05

The verdict

Across the data, Hyderabad carries a lower cost-of-living index; Hyderabad wins on purchasing power after costs are netted out. If purchasing power is your north star, Hyderabad edges it.

§ 06

Frequently asked

Is Hyderabad cheaper than Mumbai?+

Hyderabad is cheaper. Cost-of-living index: Hyderabad 28.2, Mumbai 32.8 — a 14.0% difference (Q1 2026).

What is the cost of living difference between Hyderabad and Mumbai?+

Hyderabad sits at 28.2 on our COL index, Mumbai at 32.8. That works out to roughly 14.0% — Hyderabad being the cheaper of the two.

Is Hyderabad a good place to live compared to Mumbai?+

It depends on priorities. Hyderabad delivers €44,000 net on a €50,000 gross salary at a 12.0% effective tax rate. Mumbai delivers €44,000 at 12.0%. Centre 1-bed rent: €460 vs €680.

How do salaries compare in Hyderabad vs Mumbai?+

On a €50,000 gross salary, take-home is €44,000/year (€3,667/month) in Hyderabad and €44,000/year (€3,667/month) in Mumbai.

Which city has lower taxes, Hyderabad or Mumbai?+

India has the lower effective rate at €50,000: India 12.0%, India 12.0%.

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