| Moving to Bangalore - Sub forum for those looking for advice to move to Bangalore |
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#1 |
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Senior Member
Join Date: Jul 2007
Location: Essex UK
Posts: 104
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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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#2 |
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(in charge of navel affairs)
Join Date: Sep 2005
Location: India
Posts: 9,739
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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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#3 | |
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Senior Member
Join Date: Jul 2007
Location: Essex UK
Posts: 104
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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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#4 | |
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Maha Guru Member
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Quote:
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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#5 |
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(in charge of navel affairs)
Join Date: Sep 2005
Location: India
Posts: 9,739
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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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#6 | |
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Senior Member
Join Date: Jul 2007
Location: Essex UK
Posts: 104
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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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#7 | |
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Maha Guru Member
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#8 |
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Mr. Badboy :D
Join Date: May 2007
Location: ~ Dilli ~
Posts: 5,173
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20K per month is good money...Middle class people run families on this budget..
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#9 | |
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Maha Guru Member
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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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#10 | |
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Mr. Badboy :D
Join Date: May 2007
Location: ~ Dilli ~
Posts: 5,173
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Quote:
and I am sure that food and apartment are few things that can be worked out..!! |
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#11 |
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Maha Guru Member
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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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#12 | ||
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Senior Member
Join Date: Jul 2007
Location: Essex UK
Posts: 104
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Quote:
Quote:
R. |
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#13 |
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Mr. Badboy :D
Join Date: May 2007
Location: ~ Dilli ~
Posts: 5,173
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2 BHK flat means..2 Bedroom, Hall and Kitchen...
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#14 |
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Maha Guru Member
Join Date: Aug 2006
Location: hyderabad/tokyo
Posts: 694
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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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#15 |
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Senior Member
Join Date: Jul 2007
Location: Essex UK
Posts: 104
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Thanks. I'm hoping to find somewhere small, number of bedrooms incidental. Just one would be ideal. Much as I love my children and grandchidren, I'm loathe to encourage them. If they want to visit grandpa, there are several good hotels close by, I'm sure.
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