Is It Worth Living in Bangalore? A Personal Perspective

Brief Introduction

• Bangalore is often criticized for high living costs, traffic issues, among other issues.
• The content addresses the worth of living in Bangalore from a personal perspective after two years of residence.
• It explores personal monthly expenses, the minimum cost to survive in the city, and offers an important insight about living in Bangalore.

Key Points

1. Cost of Living

• Rent: A noticeable expense due to high costs in Bangalore.
  • Rent for a 2-3 BHK ranges from 40,000 to 80,000 rupees per month.
  • Personal rental expense is 52,000 rupees per month for a 3BHK apartment in north Bangalore.
  • Cost-saving tips: Living near work, having flatmates, or living in a hostel to save on rent.

2. Workplace Proximity for Cost & Time Efficiency

• Importance of living near work to save time and commuting expenses.
• Close proximity aids in better work performance due to reduced commute stress.

3. Challenges with Landlords

• Issues with landlords regarding unpredictability and increased rental prices.
• Tips: Get recommendations from friends on reliable landlords and good societies.

Living Expenses Overview

Travel

• Monthly travel costs: 1 to 1.5 lakh rupees, considered necessary for business and personal connections.
• Expenses include national and international travels for work and personal reasons.
• Strategies to save money while traveling shared, including using a Scapia Federal Credit Card.

Salaries

• Expenses include payments to hired video editors, managers, designers, and sometimes freelancers.
• Monthly expenditure: about 1.5 lakh rupees.
• Transition from freelance to full-time staff increases fixed monthly expenses.

Software

• Significant expenses for running an online business include Google Drive, Adobe Creative Cloud, Canva, and Autobod.
• Monthly software expense: approximately 10,000 rupees.

Clothing

• Monthly spending on clothing: 15,000 rupees.
• Importance of investing in personal style for professional presence.

Food

• Monthly food expense: 20,000 rupees.
• Includes dining out and taking care of friends' meals.

Transportation

• Monthly transportation spent: approximately 4,000 rupees.
• Includes metro and Uber rides, particularly to and from the airport.

Miscellaneous

• Miscellaneous expenses: around 20,000 rupees per month, including gadgets, experiences, and social activities.

Conclusion: Is Bangalore Worth It?

• Total Monthly Cost: 29,000 rupees.
• Minimum living costs detail:
  • Rent: 15,000 rupees/month for a hostel or shared accommodation.
  • Transportation: 4,000 rupees/month.
  • Food: Approximate 5,000 rupees/month.
  • Miscellaneous: 5,000 rupees/month.
• Presence in the tech hub exposes one to numerous opportunities like networking events, thereby enhancing career potential in tech and startup environment.