minimum salary required to run middle class in chennai?

Chennai is an interesting and unique place, like many cities in India - in which we can live with any kind of money.

Middle class article written before.

Even with Rs.2000 per month, you can get your life with family going. You can even live with Rs.1,00,000 per month. It is all about afford-ability.

You can go to the local street idly shop and have a nice breakfast with even Rs.3(equivalent to one cent in USD). Can you imagine to do the same in a city in any other country?

You can also go to a star hotel in Chennai and have the breakfast on the table for even Rs.300. You can live to both extremes.

However, who is middle class in Chennai? Middle class in Chennai is somebody who would not go to the streets and eat! Middle class is somebody who would not go to the star hotel and have their breakfast. Middle class is somebody who gets the groceries from shops and cooks at home and anything he/she wants prepares at home and be happy with what they have.

Highly budgeted about personal finance. They know how much they get as income every month. Middle class in Chennai learn to live with what they have and make in every month. Usually they always run month to month with their salaries. Middle classes are highly community oriented and they are clubbed within the relatives for their rest of the lives.

Here is a list of items - they need every month. Please put it in a sheet of paper of excel spreadsheet and fill it up for yourself.

House Rent
Petrol and Auto expenses
Monthly Bills
Phone
Electricity
Internet
Groceries
School Fees
Going out and Shopping
Restaurants
Medical Expenses
Loan Installments
Insurance Payments
Parents expenses

If you are setting up a middle-class family in Chennai, here is what you will need.

Car (optional - depends - mostly upper middle class)
Furniture
Bike
Bicycle
Kitchen Utensils

If you use these data points and fill it up for yourself, you would get some idea about what would you need every month to get your middle-class family going in Chennai.

Depending upon your cost you enter, you can determine, if you belong to middle-class family or upper-middle class family in Chennai. Again, I would say, if you want to lead a middle class life - it might take Rs.10,000 per month for a middle class family to run, excluding any loan needs you might have and your own home you might live in.

Please bear in mind, there is lot of inflation these days and all the prices have hiked up. Check up for your current needs and rates, before you act after reading this article.

This article was written upon request by one of the visitors. thank you