What is the best salary to live comfortably in India?

What salary is needed to live comfortably in Mumbai? Depending upon the standard of living, your average salary should be Rs 40,000 – Rs 60,000 per month.

How much money is sufficient for comfortable life in India?

Adjusted for purchasing power parity (PPP), what this means is that for an average middle-class Indian family to begin to feel happy, it must earn between ₹85,000 and ₹110,000 a month. Most people could do with a little more in their hands.

How much money do you need to be happy in India?

On an average a person earning 35,000 to 40,000 can relatively live happily in India.

What salary do you need to live comfortably?

The median necessary living wage across the entire US is $67,690. The state with the lowest annual living wage is Mississippi, with $58,321. The state with the highest living wage is Hawaii, with $136,437.

How many rupees does a house cost in India?

The median house price in an underdeveloped rural area is Rs2 lakh whereas the median house price in a developed rural area is Rs5 lakh.

How much does it cost to live in India per month?

That comes around Rs. 15000 per month on average. You go for vacation once in a year which could cost Rs 1 lakh per year or around Rs 10000 per month.

Is Rs 1 crore enough to retire comfortably in India?

So, it is clear that Rs 1 crore is not enough for Samrat to maintain a healthy and comfortable lifestyle after retirement. It is, in fact, off by a huge margin of 80\%. So even though Rs 1 crore sounds like a large number, it is not enough because of high inflation and lack of social security in India.

How much does it cost to live in a co-living space in Mumbai?

Average rent and buying price: If you are a bachelor, you can opt for co-living spaces in Mumbai, which would cost you Rs 10,000-20,000 per bed, depending upon the facilities available and location. This could go up to Rs 30,000 per month if you are opting for a meal facility.

What is the salary of a good salary in India?

You go for vacation once in a year which could cost Rs 1 lakh per year or around Rs 10000 per month. So, to live a comfortable life you need 50000 (Mandatory) + 15000 (Policy Premiums) + 10000 (Vacation) + 30000 (Saving). = Rs 105000 per month meaning around Rs 13 lakh per year after Tax is good salary in India.