Mumbai banker Yash Verma reveals ₹1.3 L monthly expenses
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- Yash Verma posted a social‑media breakdown of his monthly expenses, totaling roughly ₹1,30,000.
- Yash Verma lives in Worli and pays ₹60,000 per month in rent and maintenance to be five minutes from his office.
- Yash Verma’s commute costs ₹10,000 a month for 44 cab trips, despite the short five‑minute distance.
- Yash Verma works an 80‑hour week, and his budget includes ₹10,000 for nightlife (“hanging out”).
- Social‑media users questioned the commute math and praised the rent price, sparking a broader discussion about Mumbai’s high cost of living, which the article says is about 1.5× Delhi’s.
Why it matters: The revelation shows that Mumbai’s high rent and commute costs eat up a large share of an investment banker’s salary, leaving little room for leisure or savings; young finance professionals bear the brunt, while the broader debate may pressure employers to rethink compensation or remote‑work policies.
