2040 India: New Expenses Reshape Household Budgets, From Tech to Climate Costs

• Technology upgrades will become recurring expenses, replacing one-time purchases due to rapid obsolescence.
• Elder care costs could reach Rs. 1-3 lakhs monthly, becoming a significant financial burden for many families.
• Healthcare shifts to prevention, requiring regular spending on health tracking, fitness, nutrition, and mental well-being.
• Subscription models for software, vehicles, and even home appliances will occupy a large portion of household budgets.
• Continuous learning, climate-related living costs (cooling, heating), and digital security will become essential recurring expenses.

Why It Matters: Indian household budgets by 2040 will be reshaped by new tech, health, climate, and subscription expenses.