Is 70k a good salary in Mumbai?

“In cities like Mumbai, Delhi, or Bangalore, where the cost of living is relatively higher, a salary of 70k may not provide a lavish lifestyle…” - Just to clarify, this is not really true, you can live a lavish lifestyle in 70k too in Mumbai.

What is a decent salary in Mumbai?

Average salary in Mumbai (by level)

A fresher with the skills and knowledge that are in demand can make Rs 3,00,000-Rs 5,00,000 per annum in the western suburbs, Rs 4,00,000-Rs 6,00,000 per annum in south, and around Rs 2,50,000-Rs 4,50,000 per annum in Navi Mumbai and Thane.

Is 70K a good salary in India?

70K is a good salary definitely. Btw, I think you mean you could have tried for 1 LPM and not 1 LPA. If you compare with others, there is always going to be someone who earns more than you. With this starting salary, it is now upto you how much you work hard and progress.

Is 75k enough to live in Mumbai?

Depending on your lifestyle, anything between 40000- 80000 should be good enough to live comfortably in Mumbai.

Where do upper middle class live in Mumbai?

Ans. - The top posh areas in Mumbai include South Mumbai, Bandra, Juhu, Worli, and Powai. These localities are known for their upscale amenities, prime locations, and high-end real estate options.

Asking strangers their Salary and Profession in Bangalore - Part 1

Is 80k enough to live in Mumbai?

70k to 80k should do. But depends on your quality of living and your spending habits. But 70k to 80k can give you a bare minimum quality of life.

What is the average rent in Mumbai?

The average rent in Mumbai depends on the locality you live in and the type of apartment you are looking for. On an average, it can take anywhere between 25,000 to 70,000 to live on rent in Mumbai. What are the additional costs while renting in Mumbai?

Is Mumbai a very costly place to live in?

Mumbai reaffirms its position as India's most expensive city for expatriates, according to the 2024 Cost of Living survey by HR consultancy Mercer. The city's high cost of living is influenced by fact...

Is 70k still a good salary?

Earning a 70k salary in the UK is generally considered a good income that provides the means to cover living costs, including housing, utilities, transportation, and leisure activities.

What is the tax rate for 70000 salary in India?

If you make ₹ 70,000 a year living in India, you will be taxed ₹ 8,400. That means that your net pay will be ₹ 61,600 per year, or ₹ 5,133 per month. Your average tax rate is 12.0% and your marginal tax rate is 12.0%. This marginal tax rate means that your immediate additional income will be taxed at this rate.

What income is considered rich in Mumbai?

If you cross ₹25 lakh, you're part of the top 3%. And if you're earning ₹1 crore or more, you're in rare company—the top 0.1%. That's what the rich income India category actually looks like on paper in 2025.

Is 20 LPA a good salary in Mumbai?

In Mumbai, you need 20 LPA to be able to live close to your office. Commute is the life here, you live where you can afford to. And you'll be able to afford in Dahisar, Mira Road, Thane, etc.

What is the livable wage in Mumbai?

Ans: The minimum salary needed to survive in Mumbai is around ₹30,000 - ₹40,000 per month. Q8.

Is Mumbai cheap or expensive?

Mumbai is very expensive for ex-pats in India. It ranks among the top 20 expensive cities in Asia as per Mercer's 2021 Cost of Living Survey.

How much does a 3 bedroom apartment cost in Mumbai?

Explore 3 BHK Flats in Mumbai in the price range of ₹1.85 Cr - ₹10.01 Cr. You can choose 3 BHK Flats for sale in Mumbai from 8464+ Ready to Move Flats, 6661+ Resale Flats, 1740+ Owner Properties, 77+ apartments posted by Builder.

Which area has the highest rent in Mumbai?

How much money do you need to retire comfortably in Mumbai?

Multiply your yearly expenses by 25. So, if you spend Rs 6 lakh annually, you'd need about Rs 1.5 crore to retire comfortably.

Is 60k enough in Mumbai?

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

What is the cost of groceries in Mumbai?

Food and groceries cost in Mumbai

For a typical family of four, the monthly grocery bill averages between Rs 8,000 to Rs 12,000. It includes necessities like vegetables, fruits, dairy products, and other staples.

Where do most foreigners live in Mumbai?

Bandra West, Juhu, Powai, and Lower Parel are the most popular among expats due to their international schools, upscale housing, diplomatic access, and global lifestyle infrastructure.

Which is the cheapest area to live in Mumbai?

Some of the most affordable places to live in Mumbai include Airoli, Borivali, Chembur, Ghatkopar, Kandivali, Kurla, Malad, Navi Mumbai, Panvel, and Thane.

Which part of Mumbai do most celebrities live in?

Juhu – The Beverly Hills of Mumbai

Juhu, the most popular celebrity residence in Mumbai, provides luxury, boasting luxurious villas and high-end apartments. Located along the Arabian Sea, Juhu Beach adds to the charm of this upscale area.