# Bengaluru techie says Rs 50 lakh salary may still leave you short 2026-08-07T06:40:28+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet A Bengaluru techie, Anmol Agarwal, has argued on Instagram that even a Rs 50 lakh annual salary may not allow one to build significant wealth in the city. He calculated that after taxes and EPF of Rs 15 lakh, a monthly take-home of Rs 3 lakh could be eaten up by rent (Rs 60,000-70,000), maid, cook, groceries, gym, shopping, travel, and potentially a car loan, leaving only about Rs 1 lakh for investments. He also said a Rs 3 crore home today would cost Rs 6-7 crore later, making homebuying difficult until near retirement. Agarwal suggested moving to a Tier-3 city with a remote job or starting a business as alternatives. Hindustan Times has not independently verified his claims. Earlier, ndtv.com had reported a separate breakdown showing that annual expenses in Bengaluru could add up to Rs 6 lakh a year. ## Coverage - ndtv.com - hindustantimes.com Tags: Bengaluru, cost of living, personal finance Canonical: https://indianopinion.org/bengaluru-resident-says-two-years-cost-him-rs-12-lakh/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/bengaluru-resident-says-two-years-cost-him-rs-12-lakh/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.