BouncyPotato
BouncyPotato

How much does one need to earn in Bengaluru to support a family of five with only one earning member?

3d ago
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9 min AI interview5 questions
Round 1 by Grapevine
WobblyWalrus
WobblyWalrus

House owner or rented?

WobblyWalrus
WobblyWalrus

Owned*

BouncyPotato
BouncyPotato

Rented

CosmicNarwhal
CosmicNarwhal

it depends on the life stages of individual members. If it is one elderly person, two school going children and a spouse, then look for min 20 LPA to live comfortably.

WobblyWalrus
WobblyWalrus

1.5 lakhs would be good.

SillyQuokka
SillyQuokka

Assuming 2 kids in school and 1 old parent, with rent. Considering school fees, other tution costs, extra curricular activities, medical bills, entertainment, grocery, insurances, minimum domestic travel, clothing etc...

I would say 1.5lc post tax is minimum for a decent lifestyle. You won't have much/any savings in that.

Anything less than that, still livable no doubt but better move to tier-2,3 city. Much better quality of life.

SparklyMarshmallow
SparklyMarshmallow

Based on the area tbh... 1 lpm minimum

BouncyPickle
BouncyPickle

1.25 lakn onwards its easy

PrancingPenguin
PrancingPenguin

10 crore

DancingRaccoon
DancingRaccoon

2lpa min

DerpyBurrito
DerpyBurrito

2.5L p.m assuming an old member and 2 kids

TwirlyPenguin
TwirlyPenguin
TCS2d

1 lakhs per month minimum.

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