Best answer: Is 50k enough to live in Delhi?

A salary between 30,000-50,000 is good enough for you to live comfortably though.

How much salary do you need to live in Delhi?

If you settle for affordable housing, it is possible to live in Delhi at a total monthly cost of ₹20,000 to ₹25,000. In a more expensive area, the overall cost can be ₹35,000 or more. 3.

Is 60k enough to live in Delhi?

So, it depends upon the lifestyle and the age of your family members. However I have seen families in Delhi where they are living a decent life with an income of 40-50K per month with a family of 5 in Delhi. Yes, easily. 60k is good enough for a family of 3-4.

Is 50k livable?

Let’s look at the facts: In the United States, the median household income is $57,617, which often includes multiple household members’ incomes as well as side gigs. … So if you’re asking, “Is $50,000 a year a good salary?” in comparison to other Americans, the answer is yes.

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What is a good salary in Delhi NCR?

Employees in DELHI NCR earn an average of ₹22lakhs, mostly ranging from ₹10lakhs per year to ₹48lakhs per year based on 64 profiles. The top 10% of employees earn more than ₹30lakhs per year.

Is Delhi cheaper than Bangalore?

Cost of Living Comparison Between Bangalore and Delhi

You would need around 118,017.45₹ in Delhi to maintain the same standard of life that you can have with 120,000.00₹ in Bangalore (assuming you rent in both cities).

How expensive is Delhi?

Family of four estimated monthly costs are 1,306$ (97,725₹) without rent. A single person estimated monthly costs are 374$ (27,988₹) without rent. Delhi is 71.71% less expensive than New York (without rent).

Can a family of 4 live on $60000 a year?

A family of 4 needs a minimum of $50,000/year to live modestly but comfortably. However, location and lifestyle choices will impact that significantly.

Is $60000 a good salary for a family?

Is $60,000 a Year a Good Salary? If you have a salary or income of $60,000, it means you’re making 5 figures a year. While you may be an average earner with such an annual income, it’s possible to live on it comfortably. In fact, many lower earners dream to make such an amount.

What can I afford with 60k salary?

The usual rule of thumb is that you can afford a mortgage two to 2.5 times your annual income. That’s a $120,000 to $150,000 mortgage at $60,000.

Is 50k a good salary?

With the proper budget and discipline, $50,000 is an excellent salary. In 2020, the median household income in the United States was about $67,000. Your debt load, dependents, and assets will determine how comfortably you can live with an income of $50k.

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Is 50k a year middle class?

Statisticians say middle class is a household income between $25,000 and $100,000 a year. Anything above $100,000 is deemed “upper middle class”.

Is 50k enough for a single person?

If you’re single, $50,000 is a pretty healthy salary in some parts of the country. On the other hand, if you’re the sole breadwinner in a family of five, you may have a hard time on $50,000 annually.

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How much monthly income is enough in Delhi?

A salary between 30,000-50,000 is good enough for you to live comfortably though.

Can I survive in Delhi?

Of the ₹25,000 that you earn, you will need at least (7,000 + 3,000 + 3,000 + 2,000 + 1,000) ₹16,000 – 20,000 for your monthly expenses to survive in Delhi.

How much salary do you need to survive in Gurgaon?

5000-10000 for transport expenses, then your overall cost of living in Gurgaon can come up to Rs. 40000-65000 for a comfortable living.