A higher salary may seem like a clear career win, but a techie’s cost-of-living breakdown suggests that higher pay does not always translate into higher savings. His comparison highlights how everyday expenses can significantly reduce the benefits of a bigger pay package.
He said that while the salary is good in Bengaluru, the cost of living is very high, with rent and travel expenses also being very high.
He urged professionals considering a move to look beyond the salary figure and also consider rent, food, commuting, and the cost of travelling home. He also highlighted the cost of travelling back home, which may not immediately be included in a relocation calculation. In an Instagram video, Sumit compared what earning Rs 1 lakh a month could look like across Bengaluru, Delhi, Noida, and Gurugram. He added that a round trip could cost around Rs 20,000. Putting these expenses together, Sumit estimated that rent, food, and travel in Bengaluru could cost around Rs 10 lakh a year.
The higher salary can quickly be affected by everyday costs, according to him. He said that while the salary is good in Bengaluru, the cost of living is very high, with rent and travel expenses also being very high. Sumit said that people living away from their families may have to return frequently, leaving them with the option of taking a flight.
