Negosentro|4 Things to Keep in Mind While Moving to a Metropolitan City |A lot of people move to bigger cities for better job opportunities, education, and other avenues. But moving to a metropolitan city also means a higher cost of living. From house rent to groceries to transport, everything will be more expensive. So here are 4 things to keep in mind while moving to a metropolitan city.
Security Deposit Can Be Very Expensive
There is no fixed number of months’ rent that will decide your security deposit. It is often based on cities, or even landlords, as they see fit. For example, if you choose to move to Delhi, your security deposit could range between 3 and 6 months’ rent. However, moving to Bangalore could you cost you up to 12 months’ rent as your deposit. So, depending on where you move, make sure you are aware of how much you could end up paying.
The silver lining here is that this amount may not be set in stone, and many tenants often negotiate their deposit with the landlord, so this is an option you could consider.
Traffic and Transport
When choosing where to stay in a metropolitan city, you need to assess the traffic situation and your transport options, so you know how convenient it will be to go to work every day. For instance, if you rent a house in Bangalore not close to your office, it may take you a long time to get to work because the city experiences heavy rush hour traffic. You will have to decide between public transportation such as buses or metro/trains or private transportation such as cabs. Private transport is always more expensive than public transport.
Cost of Essential Goods Are Comparatively Higher
The cost of living in Tier 1 cities is higher when compared to Tier 2 and 3 cities. This means your everyday essentials such as groceries, toiletries, and so on will also be more expensive. Initially, it is advisable to track all such expenses and determine how much it is costing you compared to where you’re moving from. This will help you get an idea of what budget you should set for such expenses, and what areas you should cut down.
Unlike in smaller towns, bigger cities have a bustling nightlife. Stores, restaurants, and bars remain open for a longer period of time. Even food delivery chains deliver food all night to those who get hungry in the middle of the night. Bigger cities are more accessible when it comes to our needs.
If you’re looking to move to a metropolitan city for better opportunities, keep these 4 things in mind. Budget your expenses for the first few months to get a hang of your new cost of living. You might get a better pay in a bigger city, but the cost to live will also be greater.