Visakhapatnam, Andhra Pradesh, India
A coastal city known for its beautiful beaches, natural harbor, submarine museum, and growing IT and manufacturing sectors.
Below Average vs India Avg (100)
Above Average
Household income
Job market health
Visakhapatnam vs India Average
Taxes
- Income Tax: None
- GST: 18.0%
Economy & Jobs
- Median Income: ₹260,000
- Unemployment: 5.0%
- Population: 2,050,000
Climate
- Sunny Days: 280/year
- Summer High: 95°F
- Winter Low: 62°F
Housing
- Median Home: ₹4,000,000
- 1BR Rent: ₹10000/mo
Cost of Living
Visakhapatnam's cost of living index is 90 (India average = 100).
| Category | Visakhapatnam | National Average | Difference |
|---|---|---|---|
| Overall | 90 | 100 | -10.0% |
| Housing | 110 | 100 | +10.0% |
Data source: MOSPI / Numbeo, 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | ₹4,000,000 |
| Median Rent (1BR) | ₹10000/mo |
| Median Rent (2BR) | ₹12,500/mo |
| Price per Sq Ft | ₹2,666 |
Data source: Housing.com / MagicBricks / 99acres, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Visakhapatnam:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | ₹1500 | Based on ~250 kWh/month typical Indian household usage |
| Heating & Cooling | ₹50 | Estimated based on local climate. electric or gas heating |
| Cooling (AC) | N/A | Estimated based on local climate and electricity rates |
| Water | ₹500 | Includes sewer |
| Internet (100+ Mbps) | ₹800 | Broadband average |
| Garbage / Trash | ₹200 | Private service |
| Total Utilities | ₹3050 | Monthly estimate (including heating & cooling) |
Data sources: CEA, Ministry of Power, BSNL 2025
Best Neighborhoods
Downtown Visakhapatnam
The heart of the city with restaurants, shops, and entertainment. Average rent: ₹12,000/mo.
Visakhapatnam Heights
Trendy area with local businesses and a mix of historic and modern housing. Average rent: ₹11,000/mo.
East Visakhapatnam
Up-and-coming neighborhood with new developments and young professionals. Average rent: ₹9,000/mo.
West Visakhapatnam
Family-friendly area with parks and good schools. Average rent: ₹9,500/mo.
Remote Work Score
Visakhapatnam scores —/100 for remote work readiness:
Climate
Visakhapatnam has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 82°F | 62°F | 2.5" |
| April | 80°F | 77°F | 2.8" |
| July | 95°F | 70°F | 1.5" |
| October | 75°F | 80°F | 2.2" |
Taxes
- Income Tax: 0% (None)
- GST: 18%
- Property Tax: ~1.2% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 5.0%.
Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.
Frequently Asked Questions
What is the cost of living in Visakhapatnam, Andhra Pradesh, India?
The cost of living index in Visakhapatnam is 90, which is Lower the India national average of 100.
How much does it cost to buy a home in Visakhapatnam?
The median home price in Visakhapatnam is ₹4,000,000. The housing index is 110.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Visakhapatnam is approximately ₹10000/mo.
Does Visakhapatnam, AP have income tax?
Visakhapatnam is in AP, which has no income tax.
What is the climate like in Visakhapatnam?
Visakhapatnam enjoys approximately 280 sunny days per year. Summer highs reach around 95°F, while winter lows can drop to around 62°F.
Data Sources
- Cost of Living: MOSPI / Numbeo, 2026
- Housing Data: Housing.com / MagicBricks / 99acres, 2026
- Income & Employment: MOSPI Labour Force Survey, 2024
- Utilities CEA, Ministry of Power, BSNL 2025
Data last updated: July 19, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.