I would like to know monthly expenses for a family of 3, husband, wife and an infant in bangalore... Considering a decent upper middle class lifestyle..
50-60k Upper Middle Class
30-50 Mid middle class
Lower Middle Class can live at 20-30k also
How, ppl are paying 30-50K just in rent/emi, even I am trying to bring down my monthly expenses but never have been able to bring it below 90-100K, I have rent + car EMI which is nominal
So, I know a relative who earns well.
But prefer to live in a rented 14k 2bhk at rammurti nagar.
His monthly spend is below 40k including kids education.
He invests 70k in sip regularly though.
For a decent upper class lifestyle, I would recommend to stay in a maintained gated society, rentals would range from 50-90k basis size & location. Groceries will fall in range of 15-20k, travel (if any) 8-15k, Househelp 10-12k.
These all are almost fixed items, variables can be decided basis your choice.
Thinking of switching from my hometown Ahmedabad to Bangalore. I wonder what would be my cost alone to switch to Bangalore.
What should be an average salary or earning of a person to live in Bangalore along with family ?
How much inhand income for a couple is good enough to lead a decent upper middle class life in Banglore….. Looking at the overpriced real estate and exorbitant rents and school fees for kids, young people these days are really worried ab...
