Migration to urban areas is a regular phenomenon but climate induced forced displacement to to cities, over the recent years, is a matter of concern. Increased frequency and severity of natural disasters by climate change over the past recent years are not only displacing people physically but also exposing them to enhanced poverty by threatening their livelihoods temporarily and permanently. Analysing secondary sources as well as primary sources to address the issue, this paper depicts the socio-economic condition of slum dwellers and their consumption patterns in Bangladesh, and suggests planned migration to lessen the exposure to further poverty and food insecurity in case of the urban poor.