What’s a good salary in Mumbai?

A person working in Mumbai typically earns around 36,600 INR per month. Salaries range from 9,260 INR (lowest average) to 163,000 INR (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.

What is the average salary in Mumbai?

Average Salary / Mumbai. Average salary in Mumbai is 1,788,808 INR per year. The most typical earning is 508,287 INR. All data are based on 1,733 salary surveys.

Is 50000 a good salary in India?

Is 50000 a good salary in India? India is a poor country with very low per capita income. So in general, it is a very good salary. You can fulfil all your goals in life with a starting salary of Rs.

Is 35000 a good salary in Mumbai?

So all in all, a family of 3 can comfortably live in Mumbai with a budget of Rs. 35,000-Rs 40,000. If you chose to live in more expensive areas like South Mumbai, this budget will increase to say about Rs. 55,000-Rs.

Is 40k salary good in Mumbai?

So 40 k INR in Hiranandani Powai is decent if spent on oneself. For a city like Mumbai or for any place on the planet, once you are able to meet your basic needs of food, shelter, clothing rest all depends on your lifestyle and decisions of haves and havesnot.

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Who is considered rich in Mumbai?

Mumbai has the highest number of high net worth individuals (HNWIs), those with assets over $1 million, in the country. It’s where India’s richest man, Mukesh Ambani, lives.

Is 60000 good salary in Mumbai?

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.

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.

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. …

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.

What is India’s ideal salary?

12 – 15 lakh per annum. Anything below that gets difficult for the specimen. A good income is that which takes care of necessary living expenses and still gives good amount of saving every month. Ideally, considering average retirement age as 55 yrs, you should save around Rs.

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Why is rent so high in Mumbai?

The fundamentals that drive demand for homes in the city are the reason for Mumbai developers’ apparent ability to defy gravity and keep residential prices so high.

Is Hyderabad cheaper than Mumbai?

Cost of Living Comparison Between Mumbai and Hyderabad

You would need around 105,156.29₹ in Hyderabad to maintain the same standard of life that you can have with 160,000.00₹ in Mumbai (assuming you rent in both cities).

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