City Comparison

Mumbai vs Graz

Cost of Living Comparison 2026

Mumbai is ~37% cheaper overall

Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · Reviewed April 2026

Mumbai

India

COL+Rent

25

Rent Index

16.2

Groceries

30.9

Restaurant

25

Graz

Austria

COL+Rent

39.4

Rent Index

18.1

Groceries

61.7

Restaurant

58

Monthly Cost Comparison

CategoryMumbaiGrazDiff
Rent (1BR City)$462$821$359
Rent (1BR Outside)$272$630$358
Groceries$125$370$245
Restaurant Meal$7$15$8
Transit Pass$14$47$33
Utilities$39$170$131

Monthly Budget Comparison

LifestyleMumbaiGraz
Minimal$441/mo$1,166/mo
Typical$745/mo$1,633/mo
Comfortable$944/mo$2,055/mo

Purchasing Power Equivalence

Budget in Mumbai≈ in GrazDifference
$1,500/mo$2,364/mo+$864
$2,000/mo$3,152/mo+$1,152
$3,000/mo$4,728/mo+$1,728

Detailed Budget Analysis

See exactly how specific monthly budgets break down in each city:

Analysis: Mumbai vs Graz for Expats & Remote Workers

Our data shows Mumbai is approximately 37% more affordable than Graz when combining rent and daily living costs. Mumbai's COL+Rent Index of 25 vs Graz's 39.4 (both measured against New York City = 100) reflects a meaningful difference that adds up over months of living expenses.

Housing is the biggest differentiator: a city-center one-bedroom in Mumbai costs $462/month versus $821/month in Grazgiving Mumbai a $359/month advantage on housing alone. Over a full year, this rent difference alone amounts to $4,308 in annual savings.

Day-to-day costs tell a more nuanced story. Groceries in Mumbai ($125/mo) vs Graz ($370/mo) reflect Mumbai's lower food prices, while restaurant meals at $7 vs $15 show Mumbai is the better value for dining out. For digital nomads and remote workers who eat out frequently, this difference compounds quickly.

Bottom line: If you earn in a strong currency (USD, EUR, GBP) and work remotely, Mumbai offers meaningfully better value — your typical monthly budget of $745 buys a comfortable lifestyle with room for savings. Use the purchasing power table above to see exactly how far your specific budget stretches in each city.

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Frequently Asked Questions

Is Mumbai or Graz cheaper to live in?
Mumbai is approximately 37% cheaper overall. Mumbai's COL+Rent Index is 25 vs Graz's 39.4 (NYC = 100).
How much is rent in Mumbai vs Graz?
A 1BR in Mumbai city center costs ~$462/mo vs $821/mo in Graz. Outside the center: $272 vs $630.
What is $2,000/month in Mumbai worth in Graz?
Using cost-of-living adjustment, $2,000/month in Mumbai has the purchasing power of approximately $3,152/month in Graz.
Are groceries cheaper in Mumbai or Graz?
Monthly groceries cost approximately $125 in Mumbai vs $370 in Graz. Groceries Index: 30.9 vs 61.7 (NYC = 100).