Rising living costs in major Indian cities continue to drive conversation across social media platforms, especially among professionals in high-paying corporate roles. A recent example of this was published in an article about the financial experience of a worker at a big price firm (Big4) located in Hyderabad who shares how she manages her family’s monthly budget, noting that her largest expense each month is her ₹50,000 (3 bedroom/3 bathroom) flat.
Monthly Expenditures of ₹50,000 for Rent
The Big4 employee works as Engagement Manager for Deloitte Consulting and explains that she spends ₹50,000 on her 3BHK (Bedroom/Bathroom) flat in Hyderabad which provides ample space for her, her spouse and their daughter to live together.
While she believes prices for apartments are too high generally speaking, she also believes that Hyderabad provides the best cost/value equation and lifestyle than any other Tier 1 marketplace she has lived in across India.
Break Down of Monthly Household Expenses
To maintain a comfortable lifestyle while living in one of India’s leading technology hubs, the Big4 employee has developed an innovative approach to managing both her living expenses and household expenses through an effective financial plan. She notes that living and household-related expenses are among the largest allocation within her monthly budget.
She devotes approximately ₹20,000 to household help, while spending another ₹10,000 on utilities such as electricity, water, and Internet. Finally, she spends approximately ₹15,000 on groceries and household consumables.
The combined total of the household’s non-rental expenses is approximately ₹45,000, thereby continuing to demonstrate the total effects of rising costs associated with city living.
Costs of Education and Family
Education constitutes another significant part of her monthly expenses. She spends almost ₹30,000 each month on her child’s education, covering school fees and associated academic expenses.
Her fixed monthly expenses, when merged with housing and household costs, underscore the necessity for even senior professionals to prudently handle finances in metropolitan environments—an issue often spotlighted in recent business news discussions.
Expertise in Various Tier 1 Cities
Hailing from Bihar, the Deloitte manager has resided in various prominent Indian cities, such as Delhi, Mumbai, Pune, and Bengaluru, before making Hyderabad his home nine years back.
She informed that although every city has its benefits and difficulties, Hyderabad is notable for its quality of life, relatively superior traffic management, and a better overall work-life balance.
Her Position at Deloitte Consulting
She has more than 11 years of experience and is currently employed as an Engagement Manager overseeing major healthcare clients. Discussing her position, she clarified that her duties entail overseeing client delivery, program governance, and operational plans.
Her proficiency encompasses personnel and portfolio management, resource allocation, and Scrum practices, guaranteeing efficient execution and high-quality results throughout projects.
A Glimpse into City Professional Life
Her expense analysis provides an authentic view of life for senior executives in India’s corporate industry. With the increasing costs of housing, education, and domestic support, these narratives highlight the economic realities influencing urban careers—an enduring theme in latest news on business.
