Cost of Living Alone in Pune: Insights from an IIT Graduate
‘Life after passing out from IIT’: Techie shares cost of living alone in Pune, breaks down monthly budget and expenses
The Economic Times
Image: The Economic Times
Akash Varude, a 26-year-old software engineer and IIT graduate, shares his monthly living expenses while residing alone in Pune, Maharashtra, India. His largest expense is rent at ₹24,000 for a one-bedroom apartment, alongside other costs totaling approximately ₹56,900, including savings and investments.
- 01Rent is the largest expense at ₹24,000 per month.
- 02Total monthly expenses amount to around ₹56,900.
- 03Varude invests ₹20,000 monthly in Systematic Investment Plans (SIPs).
- 04He spends ₹5,000 on outings and ₹3,000 on food delivery.
- 05Utilities and subscriptions add another ₹4,900 to his budget.
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Akash Varude, a 26-year-old software engineer and IIT graduate, recently shared his monthly budget while living alone in Pune, Maharashtra, India. His largest expense is rent, costing ₹24,000 for a one-bedroom apartment. Varude's total monthly expenses reach approximately ₹56,900, which includes ₹2,500 for a gym membership, ₹900 for utilities, and ₹4,000 for software subscriptions and phone bills. He allocates ₹5,000 for weekend outings and ₹3,000 for food delivery, while managing grocery costs at ₹2,000. For commuting, he spends around ₹1,500 on petrol for his bike. Notably, Varude emphasizes the importance of savings, investing ₹20,000 each month in Systematic Investment Plans (SIPs) and saving any leftover funds. His disciplined financial habits reflect a focus on both living comfortably and preparing for the future.
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Understanding living costs in Pune can help potential residents and students budget effectively.
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