How much money do you need in India to live comfortably?

A single individual can live comfortably in India with an income of ₹40,000 to ₹50,000 per month. This includes rent, groceries, utilities, transportation and other miscellaneous costs. A single individual can live comfortably in India with an income of ₹40,000 to ₹50,000 per month.

How much money is enough to live a good life in India?

So to live decently with savings it will take about 1 lakhs per month on the minimum and about 1.5 l on the higher end. Most about 13-14 LPA if you look at taxes. There is no higher end, you can spend 3 lakhs a month as well, i have seen people indulge with the finer things in life. Hope it was helpful.

How much money is enough to retire comfortably in India?

Aim for a retirement corpus of ₹3–5 crore depending on your lifestyle, and adjust for inflation, longevity, and healthcare. Start by estimating your retirement expenses, assess your current investments, and bridge the gap with disciplined saving and smart investing.

Is 20K enough to live in India?

Akshat Shrivastava's Post. If you live in a village, you can live like a king on 20K salary. But, if you make 1L a month in Mumbai, you might feel poor.

Is 40k salary good in India?

What Is a Good Monthly Salary In India? By considering all the factors, a decent average monthly salary in India is around Rs. 30,000 to Rs. 40,000.

How Much CORPUS Do You Need To WITHDRAW ₹3 Lakh Per Month? (Post Retirement as NRI)

Can I survive in Mumbai with a 25k salary?

To live comfortably in Mumbai, you need a monthly salary of at least ₹30,000 to ₹60,000. To live comfortably in Mumbai, you need a monthly salary of at least ₹30,000 to ₹60,000.

How much is rent in India?

Some average costs are (in INR and USD): Monthly rent (1 bedroom apartment): 18,200INR ($245)* Utilities (monthly average): 5100INR ($70) Monthly public transport pass: 1000INR (£13.50)

Is 500 rupees a lot in India?

Rupees 500, in Indian Currency (~ 6 USD). Also, Just Enough money to buy a Medium Sized Pan Pizza for a single meal for two! Small Change for India's Middle-class Metropolitan Communities.

Is 100$ a lot in India?

In general, $100 can buy you quite a lot in India. Some travelers spend less than $20 a day as they sightsee, so it can get you 5 days. For example, in India, $100 can buy 13 nights in good hotels, 30 days in a nice hostel, 4 nice dinners for two, 30 local dinners, domestic flights around India, or a high-quality sari.

Can you retire to India from the UK?

Yes, you can move to India from the UK, as long as you meet the criteria and provide the necessary documents in time. We'll now guide you through the steps and explain how to move to India from the UK.

How much savings should I have at 40 in India?

As a general rule of thumb, you'll want to have saved three to eight times your annual salary, depending on your age: 40: At least three times your salary. 45: Around four times your salary. 50: Six times your salary.

What's the average retirement age in India?

What is the usual retirement age in India? The usual retirement age for most government employees in India is 60 years.

Can I live cheaply in India?

While cost of living in India is typically comparatively low, you may find you're taking a hit to your salary as well. While this won't mean any reduction in your quality of life, it's important to understand what your salary might look like in India.

Is 500 dollars a month good in India?

Real-World Sample Budgets: Week vs Month

You're reading that right—a budget traveler in India can totally survive (and have fun) on less than $250 for a week, and a super careful backpacker can make 500 USD in India last an entire month if they stick to the basics.

What is middle class income in India?

Middle class: Individuals earning between ₹5 lakh and ₹30 lakh a year. This group forms the country's tax-paying backbone, balancing home loans, education expenses, and future financial plans. Rich: Those with income above ₹30 lakh annually.

How many rupees are considered wealthy in India?

What is 'rich'? There is no fixed definition of "rich" used by wealth managers. However, a widely accepted threshold for individuals in the high-net-worth bracket is 50–250 million Indian rupees. Individuals with wealth exceeding 250 million Indian rupees fall under the ultra-high-net-worth category, Kohli said.

Is 50k a lot in India?

For most people in India, 50,000 still remains an unbelievably large amount. India is a poor country with very low per capita income. So in general, it is a very good salary. However, that is not to say it is sufficient for the life you want to lead, that will depend on your personal desires and needs.

How much is a coke in India?

In India, a 500ml bottle of Coca-Cola costs just INR 30, making it one of the cheapest places to enjoy a fizzy drink. No wonder it's so popular!

Which city in India has the lowest cost of living?

The most economical city to live in India is Thiruvananthapuram, the capital of the serene state of Kerala. With its low cost of living, it provides an ideal setting for those looking to retire and lead a tranquil life.

What is a livable salary in India?

According to Salary Expert, India's national average salary amounts to 4186 USD per year, as per the exchange rates in May 2025. A country's average salary is an important indicator of its standard of living.

Is 20,000 a good salary in India per month?

Key Factors Explained. According to official data from the Ministry of Statistics and Programme Implementation, the average annual income in India is estimated at ₹1,80,000, with the average monthly salary in India typically ranging between ₹15,000 and ₹20,000.

How to manage 30k salary in India?