Rising costs, stagnant wages make Bengaluru increasingly unaffordable?

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Chaitanyesh
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Bengaluru named among World’s Top 12 tech powerhouses by CBRE
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  • Bengaluru residents flag rising rents, transport, and utility costs amid stagnant salaries
  • Middle class and freshers struggle with high expenses and worsening traffic congestion
  • Calls grow for remote work and better urban planning to ease city’s financial burden

Bengaluru, India's tech capital, is facing a surge in living costs, with residents voicing concerns over rising expenses and stagnant salaries. A LinkedIn post by Harish AN, a startup mentor based in the city, has drawn widespread attention, highlighting how everyday essentials—from rent and milk to metro fares and fuel—are becoming harder to afford. 

Harish noted that the cost of renting a 2BHK in popular areas like Whitefield or Koramangala has shot up to ₹40,000 per month, a significant rise from ₹25,000 just a year ago. Utility bills and transportation costs have also surged, with traffic congestion compounding the city's daily struggles. Hebbal, in particular, was flagged as a major choke point during peak hours, with commutes stretching beyond two hours.

Also Read: Bengaluru’s soaring real estate prices put homeownership out of reach for many

The situation is proving especially difficult for young professionals from Tier-2 and Tier-3 cities, many of whom are struggling with high paying guest accommodation rates, food costs, and travel expenses. This has led many to question whether the city’s job opportunities are worth the financial strain.

Harish concluded that Bengaluru is becoming unaffordable due to rising costs, stagnant wages, and worsening congestion, leaving the middle class feeling squeezed. Despite the challenges, he acknowledged that the city’s pleasant weather remains its most attractive feature.

The post has triggered a wider discussion, with users pointing to school fees, poor urban planning, and unchecked development as key concerns.

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