“Silicon Valley of India” or India’s leading information technology (IT) city: Bangalore is the capital of Karnataka. It is home to many educational and research institutions. Thus attracting a lot of youth in search of work, education and career growth. But the concern starts with it being an ideal city for millennials. Being the epicentre of the IT world, it holds a lot of job opportunities for people. This characteristic is a magnet for more and more people to migrate there.
Cost of Living
Being an individual, what will you look up to in a city where you are planning to stay for quite some time? Rent, transportation, nearby schools, locality, safety, etc. These services are not free. It comes with some prices, so you have to watch your pockets too.
The average salary in Banglore is between ₹50,000 – ₹1,00,000. Let’s take ₹ 55,000 as an individual’s salary. Starting with rent, the average lies between ₹10,000 – ₹20,000 (1 BHK).
If we are spending this much on rent, what about furniture? Many sites and places offer all furniture for rent in Bangalore to solve this problem. That too on easy rent. Being a newbie in a big city will cost a lot to spend money on all the accommodation simultaneously. It’s best to rent out this facility until you have enough to buy them. Furniture and electronics can be taken on a rental basis, like a television cooler. In a hypothetical condition, your rental services cost you ₹10,000. You are still left with the ₹30,000-35,000 amount. If you are a bachelor, it will cost you around ₹5000. Average transportation costs around ₹6000. And for entertainment, it depends on you, but the average falls between ₹4000 and ₹6000. Again it’s a hypothetical situation, but it may give you a rough idea about the city and its lifestyle.
Cons of Living in Bangalore
Due to many people migrating to the city, it faces a shortage of living accommodations which results in hiking and inflation of rents.
Some problems prevail in the city, like water management; the whole city faces flood-like situations.
Another main problem is traffic due to outnumbered vehicles. The government is working towards this problem and finding the rightful situation.
Conclusion
Apart from these things, Banglore is one of the cities having its unique flavour; it has its environment, culture and vibe. It has immense opportunities; with the right guidance, an individual can live a healthy lifestyle. A recent study also considers Banglore as cheap yet not so expensive for millennials. And is a good and safe place to live and enjoy their life.
