How much money do I need to survive in Mumbai?

How much money do you need to live comfortably in Mumbai? If you choose to live in suburban areas of Mumbai, you will need an average of 40k-50k/ month which will include your house rent ranging from 18k-25k for 1/2 BHK. In South Mumbai rent alone for 1RK will range from 15k-20k.

What salary is needed to live comfortably in Mumbai?

What salary is needed to live comfortably in Mumbai? Depending upon the standard of living, your average salary should be Rs 40,000 – Rs 60,000 per month.

What is a good income in Mumbai?

A person working in Mumbai typically earns around 36,600 INR per month. Salaries range from 9,260 INR (lowest average) to 163,000 INR (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.

Is 50000 a good salary in Mumbai?

India is a poor country with very low per capita income. So in general, it is a very good salary. You can fulfil all your goals in life with a starting salary of Rs. 50,000.

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Is it easy to survive in Mumbai?

No! It’s not extremely safe to live in Mumbai. Mumbai can be considered safe but not one of the safest places in India.

Is 70k a good salary in India?

Based on my experience i can help you giving a satisfying answer. The answer to your question is 70k/ month after tax. Its just the average. in rural 40k will do, in mumbai 90k will .

Is 20000 a good salary in India?

With a combined income of Rs 20,000 a month, a couple can still lead a decent life in any Indian city. Three experts do the math for you keeping in mind the costs of living in 3 cities. With a combined income of Rs 20,000 a month, a couple can still lead a decent life in any Indian city.

Which is the richest area in Mumbai?

Top 5 expensive localities in Mumbai

  • Also known as the financial capital of India, Mumbai has several plush locales that house some of the eminent personalities of the country. …
  • Malabar Hill. …
  • Cuffe Parade. …
  • Juhu. …
  • Bandra West. …
  • Worli.

Is 30000 a good salary in Mumbai?

Mumbai provides you with various options ranging from as low as Rs. 5000-12000 per month in areas like Navi Mumbai, Thane, etc. to as high as Rs. 30000-50000 in areas like South Mumbai, Juhu, etc. For students and Bachelor’s, Mumbai offers various options of PG’s and shared accommodations too.

What salary is considered rich in India?

According to Hurun, there are 412,000 dollar-millionaire households / affluent households in India with a networth of at least Rs 7 crore. Hurun Rich Listers have a wealth of Rs 1,000 crore, the report says, and pegs the number of such cumulative households in India at 3,000.

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Is earning 50k a year good?

“As such, a $50,000 salary would be above the national median and a pretty good salary, of course, dependent on where one lives.” That’s good news for people making an annual salary of $50,000 or higher.

Which job has highest salary in India?

Highest Paying Jobs in India in Detail

  • Doctors. Doctors and surgeons still have the highest salary jobs in India as well as the world till date. …
  • Data Scientists. …
  • Lawyer. …
  • Chartered Accountants. …
  • Artificial Intelligence Professionals.

Is 30k a good salary in India?

Is 30000 a good salary in India? If you stay in an urban area like Delhi, Mumbai, Banglore, Kolkata and other urban town you should have a monthly salary of at least 30k in order to have a peaceful month of basic necessities and healthy living ( you can live a middle class life easily in this salary ).

Can a girl live alone in Mumbai?

For the growing number of women moving to Mumbai alone, living in rented flats and commuting at odd hours, the recent spate of rapes, robberies and assaults is feeding a growing sense that the city is not as carefree and anonymous as it used to be. …

Why Mumbai is so expensive?

Apart from that, Mumbai is actually cheaper for food and transport compared to other Indian metro cities. … The major reason why Mumbai is expensive is due to the high land costs. Residential and commercial spaces in Mumbai come at a high price.

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