Cost of living in India (Bangalore) |
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Sep 2nd, 2007, 23:07
| #1 | |
| Senior Member Join Date: Jul 2007 Location: Essex UK
Posts: 105
| Cost of living in India (Bangalore) My plans for moving to India are coming along and I'm at the stage when I need to think about setting up finance. I'd be interested to hear from you a ballpark annual figure I should consider, to live comfortably. The concept of comfort will vary person to person to be sure. To me it means living quietly and simply, without frivolous luxury. Taking note of Nick's comments in another thread, I've decided to rent, certainly at first. My requirements are few. I'd like a small house or apartment away from the city that I can secure or arrange security for when I'm travelling, a few days at a time. I intend to look at India by train, a trip once a month, say. Otherwise, the usual amenities, electricity and sewage, computer access, TV and radio, the latter a must. I understand newsagents abound, but it would be nice to have The Times of India delivered every day. Your thoughts and suggestions much appreciated. R. | |
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Sep 4th, 2007, 08:53
| #2 | |
| In charge, navel affairs  Join Date: Sep 2005 Location: styx
Posts: 17,761
| Rough estimates, 15/20000 rupees a month, slightly overdone Indian middle class living for a single person Apartment (one bedroom) a little far from the city: 6000 (Suggestion, not very far, infrastructure, safety and connectivity issues) Utilities, including internet, telephone: 2000 Household: 10000, includes occasional inexpensive eating out Travel, expensive entertainment, insurances not included. Setting up expenses, inexpensive decent furniture, TV, refrigerator, computer: 150,000 Airconditioner not included, else add 20000 capital cost and another 2000 a month for daily controlled use, say, 5/6 hours a day?
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Sep 4th, 2007, 14:37
| #3 | ||
| Senior Member Join Date: Jul 2007 Location: Essex UK
Posts: 105
| Quote:
Thanks very much for this, Capt Mahajan, just what I'd hoped for. (Wait till I post my request for information about riding to India on a motorcycle!). R. | ||
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Sep 4th, 2007, 14:47
| #4 | ||
| Maha Guru Member  Join Date: Sep 2003 Location: Singapura
Posts: 678
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i will say at least 60 k for a expat. in bangalore, cost of living is either very high or very low. | ||
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Sep 4th, 2007, 15:20
| #5 | |
| In charge, navel affairs Join Date: Sep 2005 Location: styx
Posts: 17,761
| The OP did say 'living quietly and without frivolous luxury.. though that is also very subjective. A single person spending 20k a month only on himself/herself in India would still be considered upper middle class, I think. | |
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Sep 4th, 2007, 15:25
| #6 | ||
| Senior Member Join Date: Jul 2007 Location: Essex UK
Posts: 105
| Quote:
a single person" as a reasonable base from which to work. Are you saying I should budget for at least 60,000 because there is a premium attached to being, shall we say, somewhat un-Indian by virtue of having lived abroad? Also, if Bangalore does prove to be unduly expensive, I'll look elsewhere. I'm not sentimental enough about my place of birth to overstretch my bank account to the extent you suggest. I intend to spend six months in India assessing the possibilities. None of which include spending 60K a month on extravagant accommodation. R. | ||
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Sep 4th, 2007, 15:30
| #7 | ||
| Maha Guru Member Join Date: Sep 2003 Location: Singapura
Posts: 678
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Sep 4th, 2007, 15:31
| #8 | ||
| The Lusty Wanderer...  Join Date: May 2007 Location: <3
Posts: 7,673
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Sep 4th, 2007, 15:40
| #9 | ||
| Maha Guru Member Join Date: Sep 2003 Location: Singapura
Posts: 678
| Quote:
let me try a decent apartment 15k. (i am getting this rent for my 2 BHK apartment there) to be on a safer side lets assume that you eat out food = 6000 . 100 per meal (30 x 2 meal x 100) beer etc = 2000 (assuming 50 cans) misc home stuff - 2000 (toilet papers to chips to whatever you pickup from super market) if you smoke add another 1000 party etc - 4000 cloths etc - 1000 commute - 2000 ------------------------- you can add or remove from the list and guess how much it will cost | ||
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Sep 4th, 2007, 15:44
| #10 | ||
| The Lusty Wanderer... Join Date: May 2007 Location: <3
Posts: 7,673
| Quote:
and I am sure that food and apartment are few things that can be worked out..!! | ||
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Sep 4th, 2007, 15:55
| #11 | |
| Maha Guru Member Join Date: Sep 2003 Location: Singapura
Posts: 678
| yes thats why i have left it open ended. you should also include cost of going home at least once a year. weekend breaks and at least on holiday in a year. some shopping once in a while... | |
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Sep 4th, 2007, 16:25
| #12 | |||
| Senior Member Join Date: Jul 2007 Location: Essex UK
Posts: 105
| Quote:
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R. | |||
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Sep 4th, 2007, 16:32
| #13 | |
| The Lusty Wanderer... Join Date: May 2007 Location: <3
Posts: 7,673
| 2 BHK flat means..2 Bedroom, Hall and Kitchen... | |
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Sep 4th, 2007, 16:39
| #14 | |
| Forum Leader  Join Date: Aug 2006 Location: hyderabad/Kolkata
Posts: 2,775
| I think your main expense will be accomodation. You should budget 10000 rupees per month minimum for a 2 bedroom flat in/around bangalore. BHK = bedroom, hall, kitchen. usually flats will be describe in BHK as... 2 BHK, 3 BHK etc. Increasing IT salaries and bachelors sharing accomodation have resulted in skyrocketing rents in bangalore. all other expenses can be curtailed/managed but not much scope in case of the house rent. | |
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Sep 4th, 2007, 16:52
| #15 | ||
| Senior Member Join Date: Jul 2007 Location: Essex UK
Posts: 105
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