People from across the country move to Delhi for work purposes. The capital city of India accommodates everyone. Your lifestyle here will vary depending on how much money you earn.
Here’s what you can afford in Delhi with a salary of₹25,000 per month.
1. Accommodation: Upto₹10,000/month
From luxury to budget, there are a lot of accommodation options in Delhi NCR. You can choose a home for yourself depending on your budget. When your salary is around₹25,000/month, you can choose to rent an accommodation under₹10k/month.
You can get a sharing room in PGs for around₹3,000-5000per month including food in non-posh areas like Uttam Nagar and Rohini. This may or may not include food depending on the other amenities provided.
If you are looking forward to living in South Delhi, a decent PG accommodation will cost you between₹8,000-12,000on sharing basis.
If you are one of those who want privacy and cannot settle for a PG, you can rent a 1 BHK but will have to compromise a little with the location.
You can get1 BHKin areas like Uttam Nagar and Rohini for₹5,000-7,000. It won’t be possible for you to rent a 1 BHK or a single room in an independent flat in South Delhi at such low prices.
2. Transport: At least₹3,000/month
After spending on rent, let’s see what kind of transport you can afford in Delhi. If you have rented a place far from your office, travelling by the metro will be quite economical. You can also choose to commute by the DTC buses. They service almost all the areas across Delhi.
For instance, if you are travelling from Central Secretariat to Uttam Nagar East, thefare is₹40which is quite reasonable.
This means that the average monthly commute by the metro will come to somewhere around₹3,000-4,000.
DTC buses are even cheaper. You pay₹15for distances between 4 km to 8 km for AC buses.
The average monthly commute by DTC buses will come to somewhere around ₹2,000.
If you use cabs for longer distances, it can get a bit expensive for you and you will shell out a lot of money on commute.
One way commute from Gurgaon to Delhi can cost you a maximum of₹500-600 by Ola, Uber, etc. So, expect to spend somewhere around₹100-500 every day by on cabs.
This amounts to a monthly average of₹7,000-8,000.
If you own a two or three-wheeler, you can consider using your personal vehicle for transport for short distances. The price of petrol in Delhi is around₹100-101/litre.
This brings the minimum monthly average to around₹4,000-5,000.
3. Groceries: Upto₹3,000/month
Groceries will include milk, eggs, vegetables, fruits, and other items. A litre of milkcostsaround₹53 in Delhi and the price of 12 eggs is₹60. The rates of groceries remains almost the same in every other city.
Estimates suggest that the expenditure for groceries and other household stuff for a family in Delhi can be around₹5,000-10,000whereas the same for a bachelor can be around ₹3,000-4,000.
4. Food: Upto₹4,000/month
Decenttiffin servicesin Delhi start from ₹80 per meal. So, if you choose to eat from them your average monthly expenses on food will be around ₹4,000-5000.
If you hire the services of a cook, you will end up paying more. They charge upwards of₹3,500 per month for a 3 course meal depending on the number of members and type of food.
5. Electricity: Upto₹2,000/month
Electricity forms a major component of utilities.At the moment, electricity rates in Delhi for domestic consumers start at ₹3 per unit for consumption of up to 200 units, going up to ₹4.50 per unit for 200-400 units and the rates increase with consumption of units.
If you are living alone, expect to pay around₹1,000 per month for electricity. If you use an AC, the expenses will increase and your electricity bills can go up to₹2,000.
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6. Cooking Gas: Upto₹1000/month
An LPG cylinder will cost you ₹800-1000. It will easily last for 2 months if you are cooking for one or two people.
7. WiFi: Upto₹1,000/month
Other charges incurred on the Internet depend on the connection you opt. You can get a decent WiFi connection at₹1,000per month in Delhi.
Theaverage costof eating out at a good place for two people in Delhi is₹1220. So, if you are going out 4-5 times a month, you will spend₹4,000-5,000 every month. It’s a privelege you can enjoy only if you save enough money.
Meal for two at a mid-range restuarant in Delhi will cost you ₹500 onwards.
10. Miscellaneous: At least₹1,000/month
Other expenses include those incurred on shopping and entertainment. One time visit to a mall or theatre will cost you at least₹1,000.
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11. Savings
After meeting all these expenses, if you are still left with cash, that’s your savings for the month.
Of the₹25,000 that you earn, you will need at least (7,000 + 3,000 + 3,000 + 2,000 + 1,000) ₹16,000 – 20,000 for your monthly expenses to survive in Delhi.
Want to know more? Let us know in the comments section below.
Of the ₹25,000 that you earn, you will need at least (7,000 + 3,000 + 3,000 + 2,000 + 1,000) ₹16,000 – 20,000 for your monthly expenses to survive in Delhi. Want to know more? Let us know in the comments section below.
So, just to fulfill your basic needs, you will need a minimum salary of INR 16,500 per month. But for a smooth survival, a round figure of INR 20K per month would be suitable because you will have to keep some funds aside for any type of medical emergency.
IF you are someone who is not a resident of Delhi and are getting a job of 25k per month in Delhi. But you think its not worth going to delhi for 25k and you think survival is not possible. then I must tell you that surviving with 25k is very easy . In fact more then 50% survives on less then 25000 per month here..
How much salary is needed to live in Delhi? Your lifestyle and preferences will determine the cost of living. To live comfortably in Delhi, you need a salary between Rs 30,000 and 50,000.
What is a good salary for India? A decent earning and average salary in India is around INR 3 LPA. If you earn up to INR 25K in a month, you earn a decent salary. Your salary also depends on various factors.
20,000 per month is considered a good salary depends on various factors, including your location, cost of living, personal expenses, and financial goals. In some regions or for individuals with lower expenses, Rs. 20,000 may be sufficient to cover basic living costs.
It is bro. My friend started his career with 15000 pm in Delhi. I lived in Bangalore for under 20k for a couple of months then you can surely live for 20k in Delhi. Delhi is cheaper compared to Bangalore relatively.
What is the average living cost in Delhi for a family? Families with children will need a 2 BHK in Delhi, which can be rented for ₹20,000 to ₹25,000 a month in inexpensive areas. In posher localities, you need to pay a monthly rent of ₹40,000 to ₹45,000 for a 2 BHK.
The financial rule says that you should save at least 20 per cent of your income. In such a situation, if your monthly salary is Rs 25,000, you must save Rs 5000 a month. Since savings are not invested, they always get spent, whereas investment increases your wealth. Therefore, invest your savings at all costs.
Some of the most expensive locations in Delhi, including Jor Bagh, Sou Gulmohar Park, Hauz Khas, Safdarjung, South Extension, Green Park, and Golf Link, remain exclusive to limited classes. Real estate prices in these localities can range between Rs 10 crore and Rs 80 crore.
Grocery expenses amount to around ₹5,000 to ₹10,000, while utility bills may range from ₹5,000 to ₹8,000. Families also allocate approximately ₹2,000 to ₹5,000 monthly for entertainment activities, bringing the total average cost to ₹32,000 to ₹53,000 per month. 3.
A salary of 70k in India would typically be considered a good salary, but the purchasing power of that salary would depend on various factors such as the cost of living in the city or region where the person lives, their lifestyle, and expenses.
In 80% area, if you want to live alone in personal room then around 20-25k per month. And if you are ready to live in sharing pg then 13-16k per month.
How many people in India have a salary greater than 50,000 rupees per month? - Quora. Less than a crore Indians earn a salary in hand, Rs 50,000.00. Actual figure is bare 39.7 lakh people who earn above Rs 50 K. And to say, we the Indians are 127 crore in population.
update in 2021, less than 2% of the Indian population earned more than 2 lakh rupees per month. Please note that income statistics may have changed since then.
You will survive very easily, but you won't be living a life of a delhite. Managing money and keeping track of expenses will be a daily routine if your needs/lifestyle is too demanding. I am a student, staying in a shared flat in New Delhi for last 3 years, and my monthly credited amount is 10k from my father.
You will need to learn how to budget, however. Living on less than $20,000 a year is not easy, but it is not incredibly difficult either if you take proactive steps to save. You won't have all the toys and clothes of people in a higher tax bracket, but you can live on an income under $20,000 a year.
Introduction: My name is Kelle Weber, I am a magnificent, enchanting, fair, joyous, light, determined, joyous person who loves writing and wants to share my knowledge and understanding with you.
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