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SqueakyDonut
SqueakyDonut
Stealth

What's the optimum Rent/Income ratio for 20LPA SDE house-hunting in Bangalore

Wife Working in Whitefeild and I am working in Koramangala Looking across multiple regions in Bangalore

25mo ago
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GoofyDonut
GoofyDonut
Stealth25mo

Ideally under 10% post tax. Don’t go over 25%.

Also check out

https://honest-society-reviews.super.site/

FuzzyDonut
FuzzyDonut
Stealth25mo

How the hell can the average person afford to only spend 10% considering how expensive Bangalore rent is. Rent in my society in Whitefield is 60k for a 3 BHK

GoofyDonut
GoofyDonut
Stealth25mo

A “society” immediately unchecks “average” unfortunately, as they only account for a fraction of total available housing

CosmicDonut
CosmicDonut
Stealth9mo

50K in expenses easily for a middle class lifestyle. Better option is to do remote. I left Bangalore and I am saving tons!

CosmicDonut
CosmicDonut
Stealth9mo

Ideally 10% but in Bangalore can go upto 15% easily.

FluffyBagel
FluffyBagel
Iron Mountain25mo

20k

SwirlyTaco
SwirlyTaco
Salesforce25mo

around 20k

GigglyPotato
GigglyPotato
Slice25mo

You should spend 10k, your post tax income will be 142k/month, around 10%

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