Chennai vs Kolkata Home Affordability Comparison


Compare home prices, costs, and affordability between these two cities

Chennai


Average Home Price

$6,000,000

Median Income

$650,000

Property Tax Rate

7%

Kolkata


Average Home Price

$4,500,000

Median Income

$550,000

Property Tax Rate

6%


Chennai vs Kolkata: Which City is More Affordable?


About Chennai:

Chennai offers South Indian metro living with growing IT sector. OMR (Old Mahabalipuram Road) and ECR see strong demand. Stable market with steady appreciation.

About Kolkata:

Kolkata offers affordable metro living with cultural heritage. New Town, Rajarhat, and Salt Lake see modern developments. Moderate appreciation, good rental yields.

Key Differences

Chennai has an average home price of $6,000,000 compared to Kolkata's $4,500,000. The property tax rates are 7% and 6% respectively. Median household income is $650,000 in Chennai versus $550,000 in Kolkata.