India, July 23 -- An IIM graduate's detailed breakdown of her monthly living expenses has ignited a fresh debate over the steep cost of residing in Mumbai. After relocating to a new unfurnished apartment in the city, the resident logged an eye-watering total expenditure of over Rs.1.31 lakh in a single month. The total included initial setup costs and recurring expenses. Astonished by the steep bill, which excluded any investments or savings, she took to social media to question why people continue to flock to the notoriously expensive metropolis.

" Rs.1,31,277 in a single month. How much are your monthly expenses??" IIM grad Nandini Sethi wrote on Instagram. She added, "PS: This doesn't even include any investments, why do people like t...