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
Ideally under 10% post tax. Don’t go over 25%.
Also check out
https://honest-society-reviews.super.site/
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
A “society” immediately unchecks “average” unfortunately, as they only account for a fraction of total available housing
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You should spend 10k, your post tax income will be 142k/month, around 10%
CerealKiller
Stealth
10 days ago
50K in expenses easily for a middle class lifestyle. Better option is to do remote. I left Bangalore and I am saving tons!
CerealKiller
Stealth
10 days ago
Ideally 10% but in Bangalore can go upto 15% easily.
