Name: James Kidd
Hi,
I'm considering moving to Mumbai next year with my family (wife & 2 kids - 2 year old & 1 year old). We would be living in Chembur as I've got access to accommodation there and hence no rental costs. I'm doing some sums on monthly costs and would be grateful if someone could shed some light on it.
Also, no firm job offers, but may quit and try my luck there. Also, my wife is a qualified Chartered Accountant with 10 years experience split between Mumbai & UK, so she may stand a better chance of securing a job. Also, it would be good to know if a qualified Chartered Accountant can aim for a job paying 15-18 lacs/year because I feel that's what we would need to live on.
I've allowed 15k/child/month cost as fees. Do you know if this is reasonable for a IGCSE/IB school in Chembur/Ghatkopar area ?
Any input would be helpful
Living Expenses
School fees.................30000
Misc school costs.........5000
Electricity charges........5000
Gas charges................1000
Society charges...........2000
Telephone charges.......500
Mobile phone charges...2000
Internet..................... 1500
Kids clothes + toys......6000
Adult clothes...............3000
Haircuts.....................1000
Maid..........................2000
Cook..........................3000
Health Insurance..........2200
Life Insurance..............1000
TV cable charges..........600
Transportation.............10000
Grocery......................11000
Entertainment..............10000
Doctors.......................5000
Medicines....................3000
Total..........................104800