3 weeks ago
Bengaluru Techie Says ₹50 LPA May Not Make You Rich
A man who works with computers in Bengaluru, a big city in India, made a video that many people watched.
He said that even if you earn a very big amount of money, about 50 lakh rupees every year, it may still not be enough to become rich.
He explained that taxes take away a big part of the salary.
Renting a home, paying for helpers, food, and other daily needs also costs a lot.
He said houses are very expensive and keep getting more expensive over time.
Because of this, he thinks it is very hard to buy a house in Bengaluru even after saving for many years.
Many people shared their own opinions after watching the video.
Some agreed with him, while others said his numbers were too high and that it is possible to live comfortably for less.
A few people said living in smaller cities and working from home is a better way to save money.
Bengaluru techie Anmol Agarwal claimed in a viral Instagram video that even a ₹50 lakh per annum salary may not be enough to become rich in the city.
Agarwal estimated that after around ₹15 lakh in taxes and EPF contributions, a person would keep roughly ₹35 lakh a year, or close to ₹3 lakh per month.
He put a 2BHK apartment's rent at ₹60,000–₹70,000 a month and monthly spending at ₹1.2–1.3 lakh, with an extra ₹50,000 a month if buying a car.
He argued that property prices in Bengaluru, currently around ₹3 crore, could rise to ₹6–7 crore, making home ownership tough until near retirement.
The video divided social media users, with some questioning his rent and gym estimates and others recommending remote work from lower-cost cities like Jaipur.
- Who
- Anmol Agarwal, a Bengaluru-based techie, whose viral Instagram video drew widespread online debate.
- What
- Argued that even a ₹50 LPA salary may not allow someone to become wealthy in Bengaluru because of high living costs and property prices.
- Where
- Bengaluru (Bangalore), India, with the discussion taking place on Instagram and social media.
- When
- The video drew attention and the article was published on August 09, 2026.
- Why
- High rents, taxes, daily expenses, and soaring property prices can consume much of a high salary, leaving little room for wealth creation.
Bengaluru's High Costs Block Wealth
Estimates Inflated; Habits Matter More
Monthly cost of living
Bengaluru's High Costs Block Wealth
A 2BHK rents for ₹60,000–₹70,000 and extras like a ₹10,000 gym push monthly spending to ₹1.2–1.3 lakh.
Estimates Inflated; Habits Matter More
Commenters say 2BHK rent is at most ₹40,000 in good areas, gyms cost about ₹2,000, and living costs can be kept within ₹70,000–80,000.
What determines wealth
Bengaluru's High Costs Block Wealth
No matter how much you earn, Bengaluru's high costs mean you can never become genuinely rich.
Estimates Inflated; Habits Matter More
Wealth comes from living below your means and saving and investing properly, not from the salary figure alone.
Best place to build wealth
Bengaluru's High Costs Block Wealth
High salaries are eaten up by city costs, so remote work or a business in a Tier-3 city is the better path.
Estimates Inflated; Habits Matter More
Many Bengaluru residents live well without a ₹50 LPA salary, and working remotely from places like Jaipur offers lower costs and better quality of life.
Key facts
- Video creator
- Anmol Agarwal, Bengaluru-based techie
- Salary discussed
- ₹50 lakh per annum (LPA)
- Tax and EPF estimate
- Around ₹15 lakh per year
- Net take-home estimate
- Approximately ₹35 lakh per year (close to ₹3 lakh per month)
- Estimated 2BHK rent
- ₹60,000–₹70,000 per month
- Estimated monthly expenses
- ₹1.2 lakh–₹1.3 lakh, plus ₹50,000 more for a car
- Property price claim
- About ₹3 crore now, potentially ₹6–7 crore later
- Suggested alternative
- Remote work or a business based in a Tier-3 city
Quotes
Anmol Agarwal
Bengaluru‑based tech professional who created the Instagram video
“"50 LPA, 70 LPA, no matter how much money you earn, I will prove to you in one minute that you can never become rich in Bangalore."”
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