AT LEAST 20 LAKHS PER ANNUM IS REQUIRED TO SURVIVE IN A METRO CITY FOR AN AVERAGE FAMILY OF 4.!! WITH THE ADVANCEMENT OF THE IT SECTOR AND OTHER AREAS IN BHUBANESWAR, HOW DO YOU THINK SURVIVAL WILL BE IMPACTED?
In a detailed breakdown, Pritesh Kakani, an IIT Kharagpur alum, outlined the annual expenses for a 4-member family in a metro city, totaling ₹20 lakh. This estimate encompassed various essentials like housing, food, transportation, healthcare, and utilities. While some agreed with the assessment, labeling it as a realistic portrayal of urban living costs, others debated the necessity of certain expenditures, deeming ₹20 lakh excessive for a modest lifestyle. The discussion highlights the financial challenges faced by families in metropolitan areas due to rising living expenses, sparking conversations about budgeting and financial prudence in navigating urban life.
