SqueakyDonut
SqueakyDonut

What's the optimum Rent/Income ratio for 20LPA SDE house-hunting in Bangalore

Wife Working in Whitefeild and I am working in Koramangala Looking across multiple regions in Bangalore

20mo ago
Find out if you are being paid fairly.Download Grapevine
GoofyDonut
GoofyDonut

Ideally under 10% post tax. Don’t go over 25%.

Also check out

https://honest-society-reviews.super.site/

FuzzyDonut
FuzzyDonut

How the hell can the average person afford to only spend 10% considering how expensive Bangalore rent is. Rent in my society in Whitefield is 60k for a 3 BHK

GoofyDonut
GoofyDonut

A “society” immediately unchecks “average” unfortunately, as they only account for a fraction of total available housing

CosmicDonut
CosmicDonut

50K in expenses easily for a middle class lifestyle. Better option is to do remote. I left Bangalore and I am saving tons!

CosmicDonut
CosmicDonut

Ideally 10% but in Bangalore can go upto 15% easily.

FluffyBagel
FluffyBagel

20k

SwirlyTaco
SwirlyTaco

around 20k

GigglyPotato
GigglyPotato
Slice20mo

You should spend 10k, your post tax income will be 142k/month, around 10%

Discover more
Curated from across
Personal Finance
by FluffyUnicornSoftware Engineer

Paying ₹40k rent for ₹2.5L in hand income, financially is it too much?

2BHK in a perfectly located Central Bangalore close to Ulsoor Lake and 15 minutes from work

14K
Top comments
user

For family or bachelor? Age? 2.5L is very good, 40k rent is very much affordable and reasonable

user

A great house is the best investment. You spend the most amount of time there. Spend more for a great house, because ...

Bangalore
by FloatingDumplingSoftware Engineer

Housing query for bangalore

I will be moving to Bangalore for the first time. My office is near Orion Mall, Malleshwaram West. I am a Male Bachelor. I can spend 13k max on rent. In which areas can I stay?

I am Ok with both PGs and flats.

Bangalore
by SleepyTacoGoldman Sachs
Top comments
user

Good, normalising as they should. 👍 Bangalore needs to build world-class infrastructure first to demand that level...

user

Supply has met with demand. Bangalore cannot sustain Mumbai-like rents. Good news for renters; especially young...

user

Stabilising for sure. Days of over-inflated rents like over-inflated salaries are over lol. The flat I'd vacated af...