Middle-class families in India spend the maximum percentage in their earnings on month-to-month expenses and payments. The common monthly income of a middle-class family is around 10k -25k and nearly around 65%-75% in their month-to-month income is spent on expenses and desires and most of them need to sacrifice their wishes and dreams to fulfil the desire. Considering the average middle class family the most of the expenses spent by them on priority basis are food, clothing and shelter and remaining amount on others
Suppose consider a middle class family
total earning is 25000 /- pm the first thing is around 20% of the monthly
income spend on food. 35% spend on clothing and shelter and 40% spending on
electricity/transport / school
fees/ entertainment etc. and rest amount spends on fulfil their dreams. Normally
most of the Middle-class families always sacrifice their dreams and desires for
their needs and expenses they get a chance once in a while to fulfil their wishes.
Conclusion:-
Covered information of a middle-class
family in India are based on some facts and figures available they might be
vary with family to family and place to place. Based on this we can understand
cost of living for middle-class families in India.