What Salary is Needed to Live Comfortably in Bangalore?

Bangalore is a premium IT hub of Karnataka, South India, and is also one of the biggest cities in Karnataka. To live comfortably, a basic salary of Rs 40,000 and Rs 50,000 per month is needed. On average, yearly salaries in the city range from Rs 10 lakhs to Rs 50 lakhs. The city is expensive, and the major expenses depend on traveling and rent. It is a top choice for IT engineers because of its start-up culture and many job opportunities. However, this makes the cost of living higher than in most other Tier-1 cities.

The cost of living in Bangalore for a single person is Rs 25K to 35K on avg. For a couple or family, a minimum of Rs 40K to 60K is needed. There are basic things needed by people to live in the city and divide the expenses. These are:

1. Housing Costs: Housing costs in Bangalore depend on the location and type of accommodation. The city offers a range of options, from budget-friendly flats to luxury villas in premium areas. Popular rental areas include Whitefield, Electronic City, etc. On average, rent for a 1BHK starts at INR 11,000, with electricity bills of around INR 2,000 per month.
2. Transit Expenses: The commuting facility in the city is affordable and is available in all areas. The BMTC bus fair is between Rs 20 to 40, and the metro fair is Rs 30 to 60.
3. Food and Dining: The food and dining options are affordable and depend on the place as well. Street food is available from Rs 100-300, and expensive dining options.
4. Health Care: The health care facility in the city is very reasonable. There are top govt hospitals and private clinics that are affordable and give top treatments. The minimum expense ranges from Rs 500-1500.

The major expense in the city is buying an apartment or a house. These units are offered by top builders like Prestige Group. A new-age housing project has been launched in Whitefield, Prestige Raintree Park.

About Prestige Raintree Park

Prestige Raintree Park is a marvelous mixed-use housing and commercial project in Whitefield, Bangalore. It is spread over a land area of 107 acres and is being developed in 3 phases. Phase 1 covers 21 acres and includes 18 high-rise towers featuring 1,520 flats. The flats range in 3, 3.5, and 4.5 BHK sizes, with areas ranging from 2005 sq. ft. to 3700 sq. ft. Its affordable prices start from Rs 2.59 crore onwards. The project also features a 25-acre commercial space with a tech park and a mall. It is RERA-approved, with the RERA ID PR/270824/006981. The venture was launched in August 2024; its possession is scheduled for December 2028.