1 day ago

Mumbai Entrepreneur Reveals Rs 52,000 Monthly Living Expenses

Mumbai Entrepreneur Reveals Rs 52,000 Monthly Living Expenses
Rs 12,000 iPhone EMI, Rs 16,500 Rent: Mumbai Entrepreneur Breaks Down Her Rs 52,000 Monthly Expenses · NDTV

Jahnvi Shah is a 25-year-old entrepreneur who lives independently in Mumbai.

She shared how she spends about Rs 52,000 every month.

She shares a three-bedroom apartment with two other people and pays Rs 16,500 in rent.

Her biggest listed cost is a Rs 12,000 monthly payment for her iPhone.

She also pays for rented furniture, groceries, online purchases and digital subscriptions.

Travel around Mumbai costs her about Rs 5,000 to Rs 6,000 each month.

Electricity, Wi-Fi and domestic help cost about Rs 3,500.

Her total does not include savings, shopping, eating out, travel or surprise expenses.

She says living independently is worth the financial cost to her.

Key facts

Monthly expenses
Approximately Rs 52,000
Rent share
Rs 16,500 per month
iPhone EMI
Approximately Rs 12,000 per month
Furniture rental
Approximately Rs 2,700 per month through Furlenco
Groceries and delivery purchases
Approximately Rs 8,000 to Rs 10,000 per month
Commuting
Approximately Rs 5,000 to Rs 6,000 per month
Utilities
Approximately Rs 3,500 for electricity, Wi-Fi and domestic help

Quotes

Jahnvi Shah

Mumbai-based entrepreneur and founder of marketing agency Buzzified

“So before I even talk about savings, SIP, shopping, going out, travel, or unexpected expenses, my regular monthly spending is already roughly around 52k.”
NDTV
“And then comes to my favorite financial decision, which is my iPhone EMI, which is around 12,000 every month.”
NDTV

Sources

Related news