HumanHeart
HumanHeart

Banglore to Mumbai

Is it worth moving to Mumbai Goregaon with a fixed salary of 18 LPA from Bangalore? I was living on a paycheck-to-paycheck basis in Bangalore. (In-hand salary: 115k) I am a 25-year-old single man. Actually I want to know about change in living costs after shifting to Mumbai.

3mo ago2.5K views
Needmoneys
Needmoneys

If you were paycheck to paycheck with 1.15L per month in Bangalore, it'll be the same in Mumbai with 18 base

PaytmMaadi
PaytmMaadi

Why are you living with paycheck to paycheck with 1.15 lpm in-hand. What expenses you have?

HumanHeart
HumanHeart

40k EMI 11.5K rent 10k Food 20K (Sending it ro my home)

PaytmMaadi
PaytmMaadi

That's still 81.5, you're left with some 44k. Considering some outgoing & shopping exp of 14k you should still be able to save 30k.

And why 40 emis at such a young age.

LooseGoose
LooseGoose

Mumbai is way more expensive. Shifting cost upfront plus higher living cost there = going broke soon.

LooseGoose
LooseGoose

You shouldn't be living paycheck to paycheck in Bangalore either tbh, do you send money home or have loans?

salt
salt

Don’t do it. It’s a bad idea

discreteLion
discreteLion

Can you please give more insights on your lifestyle, and hometown, it will help In making an informed opinion

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user

Nah stay there only. Why relocate to Bangalore If you are earning a decent amount and living with your family happily.

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Please share your rent and food expenses :)