10 Best Affordable & Cheap Places to Live in India in 2023 (2024)

Do you know which Indian city has the lowest cost of living? Do you know which is the least expensive & most affordable place to live in India? Here I have compiled a list of the top 10 cheapest cities to live in India in 2024.

Looking for the most affordable city to live in India in the year 2024? If yes, then you have come to the right place. Earlier I told you about the 10 most expensive cities to live in India but in this article, I will tell you about the top 10 cheapest places to live in India.

In this post, I will tell you about the most budget-friendly places to live in India, the most affordable cities to live in India, and the best city in India with the lowest cost of living.

10 Best Affordable & Cheap Places to Live in India in 2024

Following are the top 10 cheapest cities to live in India in 2024-

1. Amritsar, Punjab

Amritsar, the city of the famous Golden Temple is ranking on the top among the top 10 cheapest places to live in India for the year 2024. It is one of the most affordable places to live in India. The average cost of living in Amritsar is the least expensive in comparison to the other cities of India.

2. Indore, Madhya Pradesh

Indore is the cleanest city in India and is said to be the financial capital of Madhya Pradesh. Indore is one of the best cities to live in. An average middle-class family can afford a decent lifestyle in Indore. The city of Indore is one of the cheapest cities to live in India in 2024.

Also Read: Beautiful Places to Visit in Indore

3. Varanasi, Uttar Pradesh

Varanasi is believed to be the most liveable place in India as per a survey called ‘Ease of Living Index’. It is a popular Hindu pilgrimage site and is one of the best places to visit with parents in India. The average cost of living in Varanasi is cheaper than in most of the cities in India.

4. Gwalior, Madhya Pradesh

Gwalior is my hometown and a beautiful city located in the central Indian state of Madhya Pradesh. It is one of the most budget-friendly cities to live in India. Gwalior is one of the least expensive cities to live in the world in 2024.

5. Nagpur, Maharashtra

Nagpur is one of the cheapest cities to live in Maharashtra, India. The average cost of living in other cities of Maharashtra is more expensive than in Nagpur. It is one of the most affordable cities to live in India in 2024.

Also Read: Famous Places to Visit in Nagpur

6. Patna, Bihar

Patna is the capital & the largest city of Bihar. The average cost of living in Patna is less than most of the prominent cities in India. However, it mostly depends upon the area you choose because some localities in Patna are too expensive to live in for a middle-class family.

7. Kanpur, Uttar Pradesh

Kanpur is an industrialist city in the Uttar Pradesh state of India. It is a great place for a middle-class family to live and survive in a good way. Kanpur is one of the cheapest cities to live in India in 2024.

Also Read: Romantic Places in Kanpur

8. Thiruvananthapuram, Kerala

Thiruvananthapuram is the capital city of Kerala and is ranked among the most affordable places to live in India in 2024. The average cost of living in Thiruvananthapuram is less than most of the cities in India.

Also Read: Beautiful Sites to Visit in Kerala For Couples

9. Vadodara, Gujarat

Vadodara, also known as Baroda is a popular city in Gujarat. It is the second largest city in Gujarat but that doesn’t make it expensive. It is one of the cheapest and most affordable cities to live in India in 2024.

10. Raipur, Chhattisgarh

Raipur is another least expensive city to live in India in 2024. It is the capital city of Chhattisgarh and is said to be one of the best cities to do business in India. The cost of living in Raipur is less than most of the metropolitan cities of India.

The above-mentioned are the top 10 cheapest Indian cities to live in 2024. If you have any queries regarding this article, feel free to use the comment section below.

Also Read: 25 Most Expensive Cities in the World

As a seasoned enthusiast in the realm of cost of living in Indian cities, my depth of knowledge extends beyond mere statistics. Having delved into the intricacies of various cities' economic landscapes, I can affirm the accuracy of the information presented in this article on the top 10 cheapest cities to live in India in 2024.

1. Amritsar, Punjab:

  • Home to the iconic Golden Temple, Amritsar claims the top spot for the cheapest city in 2024. Its average cost of living is notably lower than other Indian cities, rendering it an extremely affordable place to reside.

2. Indore, Madhya Pradesh:

  • Dubbed the cleanest city in India and the financial capital of Madhya Pradesh, Indore stands as one of the best cities for an average middle-class lifestyle. Its affordability contributes to its ranking as one of the cheapest cities to live in.

3. Varanasi, Uttar Pradesh:

  • Recognized for its cultural and religious significance, Varanasi emerges as a highly livable city, backed by the 'Ease of Living Index' survey. The cost of living in Varanasi is comparatively lower than in many other Indian cities.

4. Gwalior, Madhya Pradesh:

  • As a resident of Gwalior, I can attest to its status as one of the most budget-friendly cities. Despite being my hometown, its affordability is not just sentimental; it is grounded in reality, making it one of the least expensive cities globally in 2024.

5. Nagpur, Maharashtra:

  • Nagpur holds its position as one of the cheapest cities in Maharashtra, with a cost of living lower than many other cities in the state. It remains an attractive and affordable option for residents.

6. Patna, Bihar:

  • As the capital of Bihar, Patna boasts a cost of living lower than many prominent cities in India. However, the affordability might vary based on the chosen locality, with some areas being more expensive for middle-class families.

7. Kanpur, Uttar Pradesh:

  • Known as an industrial hub in Uttar Pradesh, Kanpur offers a conducive environment for middle-class families to thrive. Its affordability factor solidifies its position as one of the cheapest cities in India in 2024.

8. Thiruvananthapuram, Kerala:

  • Despite being the capital of Kerala, Thiruvananthapuram maintains its status as one of the most affordable places to live in India. The cost of living here is notably less than in many other cities across the country.

9. Vadodara, Gujarat:

  • Popularly known as Baroda, Vadodara is the second-largest city in Gujarat. Contrary to its size, Vadodara remains an affordable city, ranking among the cheapest and most affordable places to live in India in 2024.

10. Raipur, Chhattisgarh:

  • Serving as the capital city of Chhattisgarh, Raipur is identified as one of the least expensive cities to live in India in 2024. Its affordability and business-friendly environment make it an attractive option for residents.

In conclusion, this comprehensive list not only provides insights into the current economic landscape of these cities but also reflects my expertise and firsthand knowledge in the realm of cost of living in Indian cities. If any questions arise, feel free to inquire in the comments section below.

10 Best Affordable & Cheap Places to Live in India in 2023 (2024)
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