Is 20k good salary?

With a combined income of Rs 20,000 a month, a couple can still lead a decent life in any Indian city. Three experts do the math for you keeping in mind the costs of living in 3 cities. With a combined income of Rs 20,000 a month, a couple can still lead a decent life in any Indian city.

Can I live on 20k a year?

Living on $20,000 a year is a challenge. At an annual income of $20,000, you can expect your after-tax pay to be around $1,457 per month. The national median rent for a one-bedroom apartment in 2019 was $1,078. This means your rent alone likely eats up most of your paycheck.

What is the average salary of a Kolkata resident?

A person working in Kolkata typically earns around ₹60,000 per month (After tax) and it’s not qualification specific. ₹60,000 is a good salary according to the average cost of living which is ₹40,000. 4. What is the average rent in Kolkata? The average one-bedroom apartment in Kolkata city centre stands at around ₹12,000 per month.

How much money do you need to live comfortably in India?

Your combined family income should be around Rs 6.45 lakhs (no kids) and Rs 10.49 lakhs (with kids), after tax. If you want to live comfortably, expect to spend Rs 9.99 Lakhs (no kids) and Rs 17.45 lakhs (with kids), in the first year.

How much does it cost to live in Bangalore on average?

In Bangalore, distance is measured by how many hours it takes. Not kilometers. If you are on a budget, expect to spend Rs 6.72 Lakhs (no kids) and Rs 10.12 lakhs (with kids), in the first year. Your combined family income should be around Rs 6.45 lakhs (no kids) and Rs 10.49 lakhs (with kids), after tax.

How much does it cost to live an affluent lifestyle in India?

If you want to live an affluent A.K.A wealthy lifestyle (without a roommate/Solo), expect to spend Rs 9.25 lakhs in the first year. You need to earn at least Rs 9.31 lakhs after tax.