Mumbai, India
-5% vs Mumbai avgMatunga is a moderately-priced area within Mumbai, with a cost of living index of 21.2 — that is -5% compared to the Mumbai average. It sits around the middle of the pack at #13 out of 26 neighborhoods. Estimated rent for a one-bedroom apartment here is around ₹55,333/month, compared to a range of ₹41,937 in Thane to ₹78,631 in South Mumbai (Colaba).
For a typical resident of Matunga, housing takes up roughly 43% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately ₹2,213,328 before tax.
Salaries in Matunga reflect the local cost of living. Based on the neighborhood COLI of 21.2:
After tax and deductions of 9.5% in India, take-home pay for someone earning ₹2,213,328 would be roughly ₹2,003,062/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.
Estimated annual deductions on a ₹1,323,005 salary in Matunga, Mumbai (local employee).
Rates shown are for a local employee. Use the salary converter for expat calculations.
What a $75,000 USD salary in Matunga would need to be elsewhere:
| City | Currency | Equivalent |
|---|---|---|
| New York | USD | $15,900 |
| London | GBP | £13,683 |
| Dubai | AED | AED 79,560 |
| Neighborhood | COLI | Multiplier | vs Avg |
|---|---|---|---|
| South Mumbai (Colaba) | 30.1 | 1.35x | +35% |
| Bandra West | 28.5 | 1.28x | +28% |
| Worli | 27.9 | 1.25x | +25% |
| Juhu | 27.2 | 1.22x | +22% |
| BKC | 26.8 | 1.20x | +20% |
See exactly what you need to earn in Matunga, Mumbai to maintain your lifestyle.
Open Salary ConverterNeighborhoods with a similar cost of living to Matunga:
Matunga is one of the more affordable neighborhoods in Mumbai. It costs about -5% less than the city average, ranking #13 out of 26 neighborhoods.
The cost of living in Matunga is below the Mumbai average. With a multiplier of 0.95x, everyday expenses including rent, food, and transportation are -5% compared to the city baseline.