With food, home and transport provided you have 6000 left with you. Your other expenses may not be more than 500-1000, depends on how you want to live though there is no upper ceiling. (In case you are married just check on the expenses you may have towards them or any other obligations to be taken care by you). Sounds ok if it compares well with your current salary and savings. Though for an engineer with 5 yrs experience, 7300 does sound quite less to me. It should be anything around 15-20,000/- because engineers with 12-15 years experience can get around 40-50,000/-. Best of luck!