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Akshat Shrivastava
Akshat Shrivastava@Akshat_World·
100,000 USD= 18 Lakh in INR (in Purchasing Power Parity terms) but is this really true? It is much better to make 100K USD & save 20K (roughly 16.5L); than make 18 Lakhs in India.
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Manoj Arora
Manoj Arora@manoj_216·
I think PPP makes a lot of sense. The cost of living is accordingly high in the US. Starting with a haircut to hiring a maid to mobile data to health insurance. Everything is costly if you stay there. PPP makes sense if you earn and save in the same country. It doesn't make sense if you earn in one and transfer the savings to another country. The lifestyle that you can lead in the US with a USD 100K package is roughly the same as that you will make in India with a 18 lac package. Of course, the quality of life (neatness, connectivity etc) in the US is far better.
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