Nanny : 20k Cook: 9k Maid: 3k Car Cleaner: 1k Rent: 45k Utilities: 4k Food and Groceries: 20k Insurance: 25k Hometown Spends: 20k
Should we consider moving back to a Tier #2 city just to attain FIRE? Another expressed, “My monthly expense in Pune as a single bachelor comes out to be around 40-50k, and you’re complaining about spending 1 lac for a family of 3. So, the cost won’t come down.
Because you seem to want premium-city living at budget-city prices, mostly. The individual added, “Without any extravagance, we are spending around 1L+ every month. The person questioned, “How does one plan for FIRE in such a scenario? I might even let go of the nanny, but then school fees will replace that. The person continued, “But for FIRE calculations, should we start looking at changing the estimates as well ? The individual explained they are a family of two, two adults and one toddler. An individual commented, “If they’re both working demanding jobs (which they probably do, considering their income) then there’s no extravagance here. A third posted, “I agree that the cost of living in Bengaluru is high, but let’s be honest… It’s more or less the same in every major city. OP, you can’t complain that a city is ‘expensive’ while choosing to live a lifestyle with all the luxury, convenience, and amenities it offers. Which major city do you think gives you the same level of comfort and amenities for significantly less? Your claim is both funny and stupid. A fourth wrote, “Bangalore is becoming a nightmare for average-income people. Only people with high FAANG salaries are able to live a comfortable life.” (Disclaimer: This report is based on user-generated content from social media. Hindustantimes.com has not independently verified the claims and does not endorse them.)
