Is 20000 rupees a good salary in India?

With a combined income of Rs 20,000 a month, a couple can still lead a decent life in any Indian city. Three experts do the math for you keeping in mind the costs of living in 3 cities. With a combined income of Rs 20,000 a month, a couple can still lead a decent life in any Indian city.

Is 20k a good starting salary?

Short answer is no, £20k is not enough for a decent life in London – unless your definition of decent is living in bad accommodation somewhere fairly grim right on the outskirts of town, and not being able to afford to go out very often.

Is 20k a month good salary?

In most of the USA, 20K USD per month puts you into the top 1%. However, if you need to live in Manhattan, San Francisco/Silicon Valley, or Honolulu, you may find that even 20K per month is not as great as it sounds, as you can easily pay 4 or 5K per month for an apartment.

What is a good salary to live in India?

Depending upon the standard of living, your average salary should be Rs 40,000 – Rs 60,000 per month.

Is 25000 a good salary in India Quora?

Now for salaried person staying at home in Metro I would say 25–30000 is more than enough. But if you’re married then make it double or 2.5 times if you want good married life and proper education for children. Similarly if you live in tier 2 or 3 then 2/3 of this salary is ok to live a good life.

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Is 20000 a year poor?

Poverty, as defined by the government, takes into account income and the number of people in the household. At around $20,000, families of three or larger are considered impoverished. (The poverty level is $11,880 for one person and $16,020 for two people.)

Is 40K a good salary UK?

40K is definitely good enough to support yourself, live relatively comfortably. The tax will take quite a good percentage off that which is quite a pain. I guess it won’t be enough to support a family very well if you live in the central London area, or higher investments like buying a house.

What salary is considered rich in India?

According to Hurun, there are 412,000 dollar-millionaire households / affluent households in India with a networth of at least Rs 7 crore. Hurun Rich Listers have a wealth of Rs 1,000 crore, the report says, and pegs the number of such cumulative households in India at 3,000.

Is 200k middle class?

At $200,000 a year, you are considered upper middle class in expensive coastal cities and rich in lower cost areas of the country. After $19,000 in retirement contributions to your 401(k), you are left with $181,000 in gross income, leaving you with roughly $126,700 in after tax income using a 30% effective tax rate.

Is 70k good salary in India?

Based on my experience i can help you giving a satisfying answer. The answer to your question is 70k/ month after tax. Its just the average. in rural 40k will do, in mumbai 90k will .

Which country pays highest salary?

Top 10 Countries with the Highest Salary for Workers

  1. Luxembourg. Luxembourg is a small country situated in western Europe.
  2. United States. The United States accounts for approximately 25% of the global GDP. …
  3. Switzerland. …
  4. Norway. …
  5. Netherlands. …
  6. Australia. …
  7. Denmark. …
  8. Canada. …
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Which job has highest salary in India?

List of Highest Paying Jobs In India

  • Business Management. Business Management or Business analysts are the highest paying jobs in India. …
  • Doctors. …
  • Air Hostess Or Cabin Crew. …
  • Chartered Accountants. …
  • Commercial Pilot. …
  • Aeronautical engineer. …
  • Actor. …
  • Company Secretary.
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