I'm a 28-year-old married (Wife is also working) individual currently residing in Kolkata, where the living expenses are relatively low. I have 5 years of work experience, and my current compensation package is 28 lakhs fixed and 3 lakhs variable (approximately 1.95 lakhs in-hand salary after deductions). With no liabilities or responsibilities, my monthly expenses are around 40,000 INR, and I manage to invest around 1.5 lakhs per month.
Currently, I enjoy a stable job and live with my parents, who take care of most of my living expenses. However, I'm considering the possibility of switching jobs and moving to another city, which would require me to bear the additional costs of rent, food, and other living expenses on my own.
Question: Given my current financial situation and the potential for increased living costs in a new city, should I explore a job switch and relocation? Or should I continue with my current stable job and living arrangement in Kolkata, where my expenses are minimal? What factors should I consider when making this decision?
