Are you wondering how much money you need to live comfortably in India? It's a common question that many people have, and the answer can vary depending on a number of factors. Some say that a monthly income of 50,000 INR is enough to live comfortably, while others argue that you need at least 1 lakh INR per month to cover all your expenses. So, what's the truth?
According to a Quora user suman92, the average cost of living in India varies depending on the city you live in. In a tier 1 city like Mumbai or Delhi, you may need a higher income to maintain a comfortable lifestyle compared to a smaller city.
For example, in Mumbai, the average cost of living for a single person was 31,900 INR per month, according to suman92. This includes expenses such as rent, food, transportation, and entertainment. However, this amount can vary depending on your lifestyle choices and spending habits.
If you're living in a smaller city or town, you may be able to live comfortably on a lower income. However, it's important to consider factors such as healthcare, education, and savings when determining how much money you need in life in India.
Ultimately, the amount of money you need to live comfortably in India will depend on your individual circumstances and priorities. It's important to create a budget and track your expenses to ensure that you can cover all your financial needs.
Whether you're a student, working professional, or retiree, understanding how much money you need to live comfortably in India is essential for planning your future. By being mindful of your expenses and financial goals, you can create a plan that allows you to enjoy a comfortable lifestyle without financial stress.