‘Life after passing out from IIT’: Techie shares cost of living alone in Pune, breaks down monthly budget and expenses

An IIT graduate and software engineer recently shared a detailed breakdown of his monthly expenses while living alone in Pune. The 26-year-old, Akash Varude, revealed that rent forms the largest part of his spending, costing ₹24,000 for a 1BHK apartment.

Rent Takes the Biggest Share

In his post, Varude highlighted that his rent is his “biggest expense,” amounting to ₹24,000 per month. Alongside this, he provided insights into his day-to-day spending, covering essentials like groceries, utilities, subscriptions, and lifestyle costs.

View this post on Instagram

A post shared by Akash Varude (@akash.seees)

Breakdown of Monthly Expenses

His video begins with the text, “Life after passing out from IIT.” He then asks, “How much do I spend in a month as a 26-year-old software engineer living alone in Pune?” while giving viewers a quick tour of his flat.

He detailed the following monthly expenses:

• ₹2,500 on gym membership
• ₹900 on electricity and gas
• ₹4,000 on software subscriptions and phone bills combined
  
• Wi-Fi costs (covered by his company)

Varude also shared his regular lifestyle expenses: “On weekends, I do go out and visit some places, so that’s roughly around ₹5,000, another ₹3,000 goes into ordering food or eating outside. Since I cook my own meal, the groceries are ₹2,000,” he said.

For commuting, he relies on his bike: “I usually travel by my bike and that’s why I spend around ₹1,500 for petrol.”

He also allocates a monthly budget for shopping: “Then there is the shopping that includes the necessary things required for the home, clothes, or whatever I need for that month. I usually keep it around ₹10,000.”

Strong Focus on Savings and Investments

Apart from expenses, Varude emphasised his disciplined financial habits. He invests ₹20,000 every month in SIPs.

“Whatever is left after all of these, I don’t usually spend. Either it goes into saving or I reinvest it.”


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