Indian man in New York explains why Rs 1 crore salary in US feels ‘small’
The post has triggered debate online, with users divided over whether higher foreign salaries necessarily translate into better financial well-being
An Indian man living in the US has sparked discussion on social media after saying that a Rs 1 crore annual salary in New York City is not actually as big as a Rs 25-30 lakh per annum package in India.
He highlighted that the cost of living in cities such as New York City, along with higher expenses on housing, healthcare, taxes and daily essentials, reduces overall savings and financial comfort.
In contrast, the professional said that a Rs 25 LPA salary in India can often offer a comparatively better quality of life, depending on location and lifestyle, due to lower living costs and stronger purchasing power in several urban centres.
The post has triggered debate online, with users divided over whether higher foreign salaries necessarily translate into better financial well-being, or whether packages in India can, in some cases, provide greater real-world value.
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“Rent in Mumbai>>> Rent in USA,” a user wrote. Another user said, “40% tax, 100% high quality services by the government. India 30% income tax, 18% GST, 0% quality government services.” A third user wrote, “India mein tax kitne per cent log dete hai 5% se kaam fir chilate sahulatein usa jese chahiye.”
