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Why Bengaluru's ₹1 Lakh Salary May Not Stretch Far

Why Bengaluru's ₹1 Lakh Salary May Not Stretch Far
Bengaluru's ₹1 lakh salary isn't the same as Delhi's: Techie explains why · livemint.com

A techie explains that a big salary in Bengaluru may not mean big savings.

Bengaluru can have expensive rent, food and travel.

Someone moving from Delhi or Noida may also need to spend money visiting family.

The techie says a round-trip flight could cost about ₹20,000.

These trips can happen often if family remains elsewhere.

The techie estimates that yearly living and travel costs may total around ₹10 lakh.

Because of this, an extra ₹10 lakh in salary may not become extra savings.

The main lesson is that salary and living expenses need to be considered together.

Key facts

Compared locations
Bengaluru versus Delhi, Noida and other parts of India
Main concern
Higher salary may be offset by higher living expenses
Major expenses cited
Rent, food, travel and flights to visit family
Estimated round-trip flight cost
Around ₹20,000
Estimated annual expenses
Around ₹10 lakh for rent, food and travel
Salary comparison
An additional ₹10 lakh in a Bengaluru package may not translate into the same amount of savings

Quotes

Unnamed techie

A tech professional explaining differences in salary-related expenses between Bengaluru and Delhi.

“The salary is good there, but the cost of living is very high.”
livemint.com
“For a round trip you might have to spend 20,000.”
livemint.com

Sources

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