Mumbai on a Budget: How to Save Without Missing Out
Think Mumbai is expensive? Think again. With a bit of planning and the right insider knowledge, you can experience everything this incredible destination has to offer on as little as $15 per day. That is not surviving — that is genuinely enjoying yourself.
Here is your complete guide to visiting Mumbai, India without draining your savings account.
The Bottom Line: Daily Budget Breakdown
| Category | Budget | Mid-Range |
|---|---|---|
| Accommodation | $5 | $18 |
| Food | $5 | $15 |
| Transport | $2 | $8 |
| Activities | $3 | $10 |
| Daily Total | $15 | $50 |
Affordable Accommodation
The Colaba — Gateway of India, cafes, and street markets area offers the best value for budget travelers. Look for guesthouses, hostels, or budget hotels in this neighborhood — you will save significantly compared to staying in the tourist center while still being within easy reach of the main sights.
- Hostels/Guesthouses: $4–$7 per night
- Budget hotels: $15–$20 per night
- Pro tip: Book at least 2 weeks ahead and check for weekly discounts
Eating Well for Less
Mumbai has a phenomenal food scene that does not require a big wallet. Street food and local eateries serve authentic dishes at a fraction of restaurant prices.
Must-Try Budget Eats
- Vada Pav — spiced potato fritter in a bun, Mumbai's street burger — The local staple. Look for busy stalls with high turnover (freshness guaranteed).
- Bhel Puri — puffed rice salad with tamarind chutney — Ask locals for their favorite spot; it is never the one in the guidebook.
- Keema Pav — spiced minced meat with soft bread rolls — Perfect for a quick, cheap bite between sightseeing stops.
- Pav Bhaji — spiced vegetable mash with buttered bread rolls — Visit morning markets for the freshest and cheapest options.
Money-Saving Food Tips
- Eat your main meal at lunch — many restaurants offer lunch specials at 30–50% less than dinner prices.
- Shop at local supermarkets for breakfast supplies and snacks.
- Carry a reusable water bottle — buying bottled water adds up fast.
Free and Cheap Things to Do
Not everything worth doing has an entrance fee. Some of Mumbai's best experiences cost nothing at all.
- Walk through Bandra — Bollywood star homes, cafes, and Bandstand promenade — The architecture and atmosphere are attractions in themselves.
- Visit Khotachiwadi — Portuguese-style heritage village hidden in Girgaon — Peaceful, photogenic, and free.
- Explore Banganga Tank — ancient freshwater tank surrounded by temples in Malabar Hill — Window shopping and people-watching at its finest.
- Gateway of India — Very affordable or free entry on certain days.
- Sunset watching — Find a scenic viewpoint and enjoy the show.
Getting Around Cheaply
Transport can eat into your budget if you are not strategic. Here is how to keep costs down:
- Mumbai local trains are the lifeline of the city but extremely crowded at peak hours
- BEST public buses cover routes not served by trains
- Avoid taxis from the airport — public transit or shared shuttles cost a fraction of the price.
- If you are staying for several days, look into multi-day transit passes for additional savings.
Pro Tips for Saving Even More
- Travel in shoulder season — Prices drop 20–40% compared to Diwali festival (October/November) and Christmas-New Year.
- Learn basic phrases in Hindi, Marathi, English — Locals often offer better prices to travelers who make the effort.
- Use a no-foreign-transaction-fee credit card to avoid currency conversion charges.
- Book activities through TripGenie — our AI finds the best-value experiences automatically.
- Avoid tourist-trap restaurants directly facing major attractions. Walk one block back for the same food at half the price.
Is Mumbai Worth It on a Budget?
Absolutely. Budget travel in Mumbai is not about deprivation — it is about traveling smarter. You will eat incredible food, see world-class sights, and have authentic experiences that big-spending tourists often miss entirely.
Planning a trip to Mumbai? Let TripGenie create your perfect itinerary — it's free and takes just 60 seconds.
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Written by
TripGenie Team
The TripGenie team is passionate about making travel planning effortless with AI. We combine travel expertise with cutting-edge technology to help you explore the world.
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