minimum living expenses in Karachi ???

[umer.ashraf]

Re: Plz tell me minimum living expenses in Karachi ???

@hashmijee

Salam, could anyone tell me what is minimum living expenses for a family of 3 in Karachi. I am talking about renting in a place like gulistan-e-johur for a husband, wife a one child. probably a 2 bedroom apartment. I will really appriciate if someone can give me an idea. Is RS 20,000 a good estimate ?? Thanks !

Yes surely 3 people can spend a reasonable life in Karachi in 20,000 Rs. If it is 30,000 as one of friends quoted here, it is well and good and let you save some money as well.

Well this depends on a seemingly endless factors. The main factors are:

1. The area you are living in, this also has two sub factors:

a. Do you have your own home in Karachi in that area? (No Rent!!!)

b. Are you going to rent a house in that area? This depends very significantly. (2,000 to 200,000), let’s say. For a descent 2-bedroom and a kitchen house in an average area, be ready to spend 8,000+ per month. (It does not include security deposit you pay when you rent a house. about 40,000+++)

2. Utility Bills (Electricity, Phone, etc…), depends again, put aside 3,000+ with no AC or one AC with limited use.

3. Transportation expenses. Depends again, put aside 3,000, for just you go out to do your requirements. (Does not include repair/Maintenance of Car or Motorcycle)

4. The rest is just eating expenses. 4,000+ If you cook one chicken in a week at your home by yourself.

5. Miscellaneous expenses. (Medical, clothing, etc.), you must have some money in reserve for this, or try to minimize your expenses.

These expenses are as according to middle class families, or lower middle class families. With these expense and style you can live a life about 40% of Karachi spends.

About 20% of Karachi is well beyond even if you spend 200,000 per month. There 1-5 year kids have more expenses than 20,000.

The rest are just spending there lives. If you just want to live in Karachi, and don’t care any thing else, then some families of 8+ members survive with 3,000 to 10,000 per month with a rented home.

So it all depends on you. If you are having a job of 20,000 in Karachi, then I will prefer you to shift alone first and join the job, live a bachelor life for some time here, try to understand the areas of Karachi and the area that suits you. Bring your family only when you know and have decided on every thing. You can save enough money by living alone here to support your family backwards (if it is required so), otherwise you can save some money for your backup in this time.

Good Luck