FloatingMochi
FloatingMochi

Is 10 Lpa good for living a comfortable life in Bengaluru

How much money per month/year is needed for a family of 3 to live in Bengaluru. What salary in Lpa do you think is suitable. I have 10 lpa as a 4 year experienced. (Assuming an Engineer's lifestyle)

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SnoozyKoala
SnoozyKoala

If your wife is also working i think you can live a decent life. Don't listen to the entitled rich people, for them 3L/M also not sufficient.

At the end of the day, expenses depends on you n your wife and how u want to live

FloatingMochi
FloatingMochi

Still I wanted to know how much a family of 3 spends per month here in Bengaluru.

MagicalBurrito
MagicalBurrito

Roughly around 20k to 35k per month excluding rent and other EMIs. This number can go even as high as 2 lakh per month

Decent internet 1k Grocery vegetables roughly 5k-8k Electricity 2k Weekend outing once in a week or 2 weeks depending upon your life style preference - 5k Travel 1-3k Ott or dish tv etc for weekends 2k Misc 3k Maid and cook if you prefer 2k each minimum

This does not include your insurance emis or other requirements.

This is the bare minimum area you will go for monthly expenses but again the number changes based on your lifestyle requirements.

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When do you suggest moving to Mumbai feasible?

and at what family income? Family in question here is in their late thirties with an 8 to kid and a 68 yo father. Will be leaving behind a comfortable own house in a city with no growth. Husband and wife are into VC and Media industries.