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Mumbai

India · INR · share price index, latest 2026-09

The city is a label: every national figure here is India's own, and the cost of living is one survey's answer for one adult, with its method and its year.

India in the market, through HDB →

Average spending

What households there actually spend on average, which is not a minimum.

₹7,362.56a month · 2024

€77in 2025 prices, at the ECB's 2025 average

Average monthly consumption per person, urban Maharashtra, 2023–24 (the state, not Mumbai).

  • Housing: rent averaged across all residents: Rent is ₹668.24 of ₹7,362.56 (9.1%), averaged over all residents, most of whom pay no market rent; it sits inside 'other'. HCES Statement 3U, Maharashtra column
  • MoSPI, 2024

What the figure is made of

Food · ₹2,660.83 · 36.1%All 9 parts
  • Food₹2,660.83 36.1%

    food share from Table 3.9, non-food shares from Table 3.10U converted to a share of the total

  • Other, including rent, consumer services and taxes₹1,310.54 17.8%

    food share from Table 3.9, non-food shares from Table 3.10U converted to a share of the total

  • Conveyance₹603.73 8.2%

    food share from Table 3.9, non-food shares from Table 3.10U converted to a share of the total

  • Miscellaneous goods and entertainment₹515.38 7.0%

    food share from Table 3.9, non-food shares from Table 3.10U converted to a share of the total

  • Education₹508.02 6.9%

    food share from Table 3.9, non-food shares from Table 3.10U converted to a share of the total

  • Fuel and light₹463.84 6.3%

    food share from Table 3.9, non-food shares from Table 3.10U converted to a share of the total

  • Medical₹449.12 6.1%

    food share from Table 3.9, non-food shares from Table 3.10U converted to a share of the total

  • Durable goods₹449.12 6.1%

    food share from Table 3.9, non-food shares from Table 3.10U converted to a share of the total

  • Clothing and footwear₹397.58 5.4%

    food share from Table 3.9, non-food shares from Table 3.10U converted to a share of the total

How it has changed since 2023

Urban Maharashtra's average spending rose 11% from 2023 to 2024, faster than prices, while national household spending per person rose 9%.

1001051101152024Average spending+11%National+9%Prices+5%

Each line is 100 in 2023. HCES 2022–23 and 2023–24 share one method; the 2011–12 survey before them does not, so the line has two points. The line marked National is household spending per person across India, not Urban Maharashtra's.

The whole record

Stock market

At 273 in September 2026, more than two and a half times its 2015 level, in rupees and before inflation. The chart below shows what the rupee was worth in euros.

INR per euro

107 rupees to the euro in October 2026, close to May's record of 112. A rising line is a weaker rupee.

House prices, after inflation

62% above 2010, and still under the 2019 peak.

The economy

Inflation, one year
2.4%
2025
Average spending per person
€113 a month
2025
Income per person, adjusted for local prices
$11,600
2025
Unemployment
4.2%
2025
Life expectancy
72.2 years
2024

What the economy is made of

What the country produces, which is what most people there work in; not which companies move the stock market.

  • Services 49.3%
  • Industry 25.2% (manufacturing 13.5%)
  • Agriculture 16.2%
  • Taxes less subsidies 9.3%
How this is calculated
Average spending
Household Consumption Expenditure Survey (HCES) is India's own method: Average monthly per-capita consumption expenditure without imputation of free items received; per head across all ages, not one adult. It is not interchangeable with another country's survey, which is why no other city's figure sits beside it.
Prices
Adjusted to 2025 prices (+2.4%). India's consumer price index was 227.6 in 2024 and 233.06 in 2025, so × 1.024: ₹7,539.18 in 2025 prices. The latest published CPI year is the furthest it is carried. World Bank FP.CPI.TOTL, annual average.
In euros
At 98.523912 INR per euro, the ECB's 2025 average, the carried figure is €76.52. ECB euro foreign exchange reference rates.
Change since 2023
Each series divided by its 2023 value. Prices: World Bank FP.CPI.TOTL, annual average. Spending: World Bank NE.CON.PRVT.CN ÷ SP.POP.TOTL, current local currency, household final consumption divided by population, per month. HCES 2022–23 and 2023–24 share one method; the 2011–12 survey before them does not, so the line has two points.
Stock market
OECD via FRED SPASTT01INM661N, monthly, 2015 = 100, in INR and before inflation, on a logarithmic scale: equal distance is equal percentage change. Latest 2026-09.
INR per euro
ECB euro foreign exchange reference rates, monthly average from 1999, on a logarithmic scale. A rising line is a weaker INR. Latest 2026-10.
House prices, after inflation
BIS via FRED QINR628BIS, quarterly, 2010 = 100. Indexed to India's own 2010, so only the direction compares across countries, never the level. Latest 2026-Q1.
Sources

MoSPI, NSS Report 592, Survey on Household Consumption Expenditure: 2023–24 · Table 3.2 (MPCE), Table 3.9 (food share), Table 3.10U (non-food), Statement 3U (rent) · retrieved 14 Oct 2026

World Bank NE.CON.PRVT.CD ÷ SP.POP.TOTL, ECB annual average · World Bank NY.GNP.PCAP.PP.CD · World Bank SL.UEM.TOTL.ZS · World Bank SP.DYN.LE00.IN · World Bank FP.CPI.TOTL.ZG · World Bank NV.AGR.TOTL.ZS · World Bank NV.IND.TOTL.ZS · World Bank NV.SRV.TOTL.ZS · World Bank NV.IND.MANF.ZS · derived: 100 less agriculture, industry and services. Taxes less subsidies is 100 less the three sectors.