2024-11-27 11:55
₹23 Lakh package in India = ₹79 Lakh in the US? Yes! If you’re earning ₹23 lakhs in India, your US counterpart would need ₹79 lakhs to enjoy the same standard of living. Why?
It’s all thanks to PPP - Purchasing Power Parity!
- Meal at a restaurant: ₹300 in India = ₹1,700 in the US
- Rent: ₹50,000/month in India = ₹1.6 lakh/month in the US
- Internet: ₹700/month in India = ₹6,000/month in the US & let’s not forget services
Hiring a driver or house help, super common in India, is a luxury abroad.