New Delhi, June 21 -- An expat living in New Zealand wanted to relocate to India and was convinced Rs.10,000 a month was enough to cover his two kids' education. He also believed his family could live comfortably in Bengaluru on Rs.60,000 a month. However, when he ran the actual numbers, he was visibly shocked, a financial advisor shared a real-life case study about one of his clients.

The expert said his client hadn't visited India in eight years and had lost touch with how much everyday life now costs. By the end of their phone conversation, he admitted he needed to rethink his relocation plans and conveyed, "I really need to reconsider my decision of relocation. I never thought cities like Bengaluru and Mumbai have become this expensi...