Reality of 1.5 Crore Package in America | Is it Enough to Survive? असलियत में कितनी है?

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  • čas přidán 3. 09. 2023
  • Reality of 1 crore or 1.5 crore salary package in America. What are the expenses and salary in USA? Is it enough to survive on this salary in USA? How much are savings and expenses of Indians living in USA on 1 crore salary package?
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Komentáře • 2,5K

  • @bharatshah9092
    @bharatshah9092 Před 6 měsíci +1414

    That's why living cost and purchasing power matters. Not just salary numbers!
    I earn 24 lakhs per year (much lower than 1.5 crore in USA), and certainly enjoy my life to the fullest !! Mere pass gadi hai, bungla hai, bank balance hai, aur maa bhi hai !!🎉🎉🎉 !!!

    • @sandeepbothra6809
      @sandeepbothra6809 Před 6 měsíci

      Chodu itna bol raha hai tho yeh tho bata de ke maa tho India Main he hai na

    • @gurudevkehtehain-yu6pk
      @gurudevkehtehain-yu6pk Před 6 měsíci +213

      😂😂
      Presence of
      Maa....is everything in life

    • @piratexsam
      @piratexsam Před 6 měsíci +57

      Man you you really enjoying your life.🥳🤍

    • @jd76111
      @jd76111 Před 5 měsíci +14

      Bruh u take bribe, haah 🤔

    • @manishranjan9589
      @manishranjan9589 Před 5 měsíci +5

      How much tax?

  • @thisarchanabahuguna
    @thisarchanabahuguna Před 6 měsíci +268

    I lived in US between 2004-2019. It’s a very expensive place to live in. You can save so much more by living in India and get cheap help too. Also people are more connected and caring here.

  • @srikumar2485
    @srikumar2485 Před 7 měsíci +1035

    Dont underestimate indian salaries... You must respect the freedoms which india has given to citizens.... Lets respect our country and values. 🎉🎊

    • @_AmanAalam
      @_AmanAalam Před 7 měsíci +76

      *given to “some” of its citizens

    • @gaurangdoriya8734
      @gaurangdoriya8734 Před 6 měsíci +53

      Not even some only few😂😂 in context of 1.5 billion population...

    • @_AmanAalam
      @_AmanAalam Před 6 měsíci +6

      @@gaurangdoriya8734 very true

    • @peak_911
      @peak_911 Před 6 měsíci +2

      lol

    • @aryandaniel2691
      @aryandaniel2691 Před 6 měsíci +10

      So why are you see this vedio😂

  • @pradeepnair9612
    @pradeepnair9612 Před 5 měsíci +106

    I rejected just in October a 195k package. Because once you leave India, with 2 kids you dont have the same support system as its not cost effective. So second income becomes tough. Having said that when you leave India and move to any countru you must compare Purchasing Power Patrity. Rather than conversion.
    My wife and myself work in India, that too in a Banking Industry and we save significantly. We have 2 long trips, one in India and another abroad, that too with 2 kids.
    Hence, before moving you should look at what stage of life you are moving and whats your priorities.

    • @subramanianadaikalam9277
      @subramanianadaikalam9277 Před 5 měsíci +4

      If you have rejected 195k then your combined salary in India should be more than 55L+ .. it makes sense as you would continue to grow in career and earn more. Young kids would face challenge in adjusting to schools, spouse has to take more time off to manage ... it would be ideal to be bachelor or just married in US for few years and even work before kids go to middle school .. you get more experience, culture, a change but India is developing super fast in the last few years, so living in large city and in gated community would be better.

    • @AF-yq9es
      @AF-yq9es Před 2 měsíci

      Best decision.

    • @gnanasekarthiyagarajan7680
      @gnanasekarthiyagarajan7680 Před 11 dny

      Ur starting salary is 195k while ur matured salary in India is what u compare with. The exposure and experience is something u will never get it in India.

  • @divyanshusoul
    @divyanshusoul Před 9 měsíci +1033

    Moral of the story : STOP feeling proud about RUNNing away from your country

    • @ignashi7plays401
      @ignashi7plays401 Před 8 měsíci +130

      True but run away if you can.

    • @ashishkumarsada6064
      @ashishkumarsada6064 Před 8 měsíci +51

      India mein job Kahan hai

    • @p_sahil9
      @p_sahil9 Před 8 měsíci +62

      In india you can never buy 2 cr car...even if graduate from IIT, working in india...but in America it is easy.

    • @RG-iw4c
      @RG-iw4c Před 8 měsíci +44

      Jao but paisa bhejo apne ghar

    • @sm6520
      @sm6520 Před 8 měsíci +28

      Jao aur india me investment kro

  • @itexpert752
    @itexpert752 Před 8 měsíci +300

    Being a freelance Software Engineer, I never liked to go abroad for more money. I am very happy and satisfied in India. I know well the conditions in misery. I mean in social terms not in economic term. Why not Americans want to settle in India for cheap expences ? I proud to be an Indian, proud to live here and want to die here in presence of my family and friends. I love my India.

    • @dilipmurmu9253
      @dilipmurmu9253 Před 8 měsíci +15

      Rupiya se jada man me khushi chahiye...

    • @threekblack217
      @threekblack217 Před 8 měsíci +4

      Kya bol raha he hindi me likh le?

    • @sekharsahu9203
      @sekharsahu9203 Před 8 měsíci +9

      I love my Bharat

    • @korewa94
      @korewa94 Před 8 měsíci +2

      How much average money we can from freelancing if we learn programming language?

    • @thymos6575
      @thymos6575 Před 8 měsíci +6

      amricans kyu ayenge esi gandi jagey lol

  • @narasimhaprabhu8487
    @narasimhaprabhu8487 Před 8 měsíci +225

    I travelled through US last month, i was there for about a month. Met so many of my classmates. I found one thing very common . Mostly people feel isolated, scared. Everyone has a long career to complete till 62-63 and already very sick and tired. About expenses, anything above 10/15 dollars kicks in alarm. A 100 dollar bill is very pricey.

    • @ApulicaOfficial
      @ApulicaOfficial Před 5 měsíci +8

      India pe jaise Rohingiya guzarte aisehi most Indian USA me guzarte hai. Simple

    • @tauseefahmad87
      @tauseefahmad87 Před 5 měsíci +1

      Why scared ??? I have never been to the USA?

    • @stephenwilson4931
      @stephenwilson4931 Před 5 měsíci +2

      Tere angur khatte kr rhe h... itni problem h to wapas kyu nhi aajate😂😂

    • @indian-fc8md
      @indian-fc8md Před 5 měsíci +2

      They were all scared that u might turn to a parasite for them lol

    • @indian-fc8md
      @indian-fc8md Před 5 měsíci +2

      Uncle ji when if US everyone have to look after themself ...the quality of life , air we breath, food ,work culture ,quality of school &mostly corruption free

  • @sidhantsaini2023
    @sidhantsaini2023 Před 8 měsíci +163

    ये विडियो बेरोजगार वालों को proud ,feel कराती ह

  • @askdynamic
    @askdynamic Před 8 měsíci +408

    For people who don't have any responsibility of mother father or family members, than it is ok to go abroad for experiencing coolness, calmness and comfort. But our culture is definitely inspires and advocates to live life for others and not for only oneself.
    To utilise wisdom is solely on an individual.

    • @ayushchaturvedi7098
      @ayushchaturvedi7098 Před 8 měsíci +27

      kaun sa comfort be?....our culture is to fight on minute things

    • @Arpit1398
      @Arpit1398 Před 8 měsíci +2

      ​@@TN78768then wo to khud ki country mein bhi kr hi rhe the bhai.. oor yahan to ek dusre ka khyal rkhne k liye bhi log hai.. wahan kya😂 hai

    • @satishimca
      @satishimca Před 7 měsíci

      Thats true, and I live with that guilt every single day.

    • @kashanrizvi3419
      @kashanrizvi3419 Před 6 měsíci +7

      Individualism kills family and society.

    • @askdynamic
      @askdynamic Před 6 měsíci +3

      @@ayushchaturvedi7098 right, but culture is to live for others in all odd circumstances rather than run away from responsibility citing minute reasons.

  • @thearindambiswas
    @thearindambiswas Před 8 měsíci +283

    Which is why its important to take into account Purchasing Power Parity of the country in such circumstances.

    • @utkarsh1111111
      @utkarsh1111111 Před 8 měsíci +1

      Devide per annum salary by 5

    • @sanjeevsharma28
      @sanjeevsharma28 Před 8 měsíci +1

      What about the Quality of Life ???

    • @utkarsh1111111
      @utkarsh1111111 Před 8 měsíci +15

      USA - got indipendence 250 years ago
      India - 75 years
      USA Population - 33 crore
      India - 140 crore

    • @peak_911
      @peak_911 Před 8 měsíci

      Expecting quality of life same as usa from india? indians are real fools no wonder chinese laught at us@@sanjeevsharma28

    • @fwefhwe4232
      @fwefhwe4232 Před 7 měsíci +5

      India me ghar expensive hain.
      Petrol 2x expensive hain
      Cars expensive hain
      Sirf sabzi sasti hai

  • @satyakeechowdhury
    @satyakeechowdhury Před 7 měsíci +8

    Wonderful video.... explain a lot....will wait for the next one

  • @rdbtumpy
    @rdbtumpy Před 7 měsíci +35

    I am in Canada and i agree to the last part - It has been 6 years and when compared to India I am liking the peace.. Also the competition is less for next generation.. I am not getting into the discussion of pollution, food and all

    • @bigb3267
      @bigb3267 Před 7 měsíci +7

      We don't know future
      What happens next.

    • @TheSudhanshu1982
      @TheSudhanshu1982 Před 6 měsíci +10

      I spent a decade there, insane competition even for basic jobs. winters are life threatening and future is way way below India (save it), Canadians didn't even have their own car brand forget future.

    • @ettayi987
      @ettayi987 Před 5 měsíci

      Dodge??​@@TheSudhanshu1982

    • @ApulicaOfficial
      @ApulicaOfficial Před 5 měsíci +1

      bhai khudka pta nhin hai ye bchho ke liye proud feel kr rha hau😂

  • @vanibhatt5448
    @vanibhatt5448 Před 9 měsíci +216

    I've been living Texas around 8 year, every point you both talked absolutely correct.👍👍

    • @traderji9718
      @traderji9718 Před 7 měsíci +3

      So u r now in India ?

    • @piedepew
      @piedepew Před 6 měsíci

      she said living@@traderji9718

    • @salmanrizvi8604
      @salmanrizvi8604 Před 5 měsíci

      😂​@@traderji9718

    • @stephenwilson4931
      @stephenwilson4931 Před 5 měsíci +4

      ​@@traderji9718 ghanta koi gaon wapas jata h kya 😂😂

    • @eggbenedict-gt7mw
      @eggbenedict-gt7mw Před 4 měsíci

      ​@@stephenwilson4931ye aise hi hain bhain, itna kharab hota to india wapis nay jaate, Christian countries jaane ke liye bhikari jaise line main khade hote hai

  • @ouramericandream1183
    @ouramericandream1183  Před 9 měsíci +76

    Hope you enjoyed this video. Watch this video to see monthly expenses in America for an Indian Family. czcams.com/video/Ipx7iHTYq8A/video.html

  • @SirsenduKarna
    @SirsenduKarna Před 8 měsíci +20

    If you are earning decent in India then no point in moving outside. Although standard of living is better in states and european countries but living in India also come with its own perks. So depends on individual choice

  • @sawakpalkhiwala
    @sawakpalkhiwala Před 5 měsíci +5

    Very interesting -& useful information from you, thanks.

  • @Cynically.inclined
    @Cynically.inclined Před 9 měsíci +327

    these guys are absolutely correct, i lived in europe for 5 years, i paid numerous taxes per month, i couldn't save much and was living a middle class life there despite beimg from iit background , taxes in such countries really dont let u njoy life. i could hardly enjoy over there. 50% of salary every month was just paid in rent amd taxes, fucking ridiculous, rest 50% for eating, shoppimg, going out, travellig etc. life with good salary in india is a much better option

    • @pojha5
      @pojha5 Před 9 měsíci +38

      Bhai 30% to India me bhi dena padta h...

    • @siddhartharay1835
      @siddhartharay1835 Před 9 měsíci +19

      You have told the truth...its much much easier in india...a central school teacher gets salary of 82000 in the starting.....you just imagine the buying power of Indian teachers.......then compare with teachers in usa...you will know the truth

    • @ignashi7plays401
      @ignashi7plays401 Před 8 měsíci +32

      @@siddhartharay1835 You compared the best in India from the worst/average in the USA. Not a fair comparison.

    • @siddhartharay1835
      @siddhartharay1835 Před 8 měsíci +7

      @@ignashi7plays401 not at all.teacher vs teacher I compared.....equally ....all hoax on the American front...

    • @ignashi7plays401
      @ignashi7plays401 Před 8 měsíci +7

      @@siddhartharay1835 so you think there is nothing else is considered when paying a teacher.
      You sounds like "Oh yes, he is a teacher. We don't care about his field or experience before deciding on his salary. Here take your 82000." 😂
      You need to learn about "sample bias" to understand what I had said previously.

  • @samradalpha
    @samradalpha Před 9 měsíci +10

    Very practical and easy to understand statistics. I agree with your points.

  • @user-yt1wf1ur9h
    @user-yt1wf1ur9h Před 8 měsíci +6

    Need more this kind of discussion 😮

  • @Brainybudsstudio
    @Brainybudsstudio Před 6 měsíci +96

    Navigating the cost of living abroad in the USA vs. the tranquility of being Indian in India. While dollars may bring a different unnecessary lifestyle, the peace of mind in our diverse and culturally rich homeland is priceless🎉

  • @nitinthakur6569
    @nitinthakur6569 Před 8 měsíci +12

    Genuine Discussion, enjoyed it and learned a lot

  • @sriparnaroy5575
    @sriparnaroy5575 Před 9 měsíci +61

    Rajat, I feel you guys are still lucky. I live in Silicon Valley where 1500 sq ft single family cost more than 2M and cost of living is so high that 300K+ is not enough survive.

    • @divyanshusoul
      @divyanshusoul Před 9 měsíci +21

      Why did you run away from India then? Did you have a miserable situation in India?

    • @abhi9029
      @abhi9029 Před 9 měsíci +2

      @@divyanshusoul absolutely.

    • @MandhapatiJayakrishna
      @MandhapatiJayakrishna Před 9 měsíci +2

      ​@@divyanshusoulif it makes you sleep better at night.. well done mate

    • @garygeorge-wi7co
      @garygeorge-wi7co Před 8 měsíci +1

      That is not true. Not all houses cost two million unless it is a mansion.

    • @shivhareravikant
      @shivhareravikant Před 8 měsíci +4

      Rent is approx 2200 to 2300 and they are saying 4000 and if 4000 is emi then its an investment not expense.
      Hence, for them nothing is enough.

  • @shashtulsian9892
    @shashtulsian9892 Před 2 měsíci

    What an authentic video! And these guys seem so cool!! Kudos! Subscribed!

  • @technofete
    @technofete Před 5 měsíci +15

    Whenever people talk abt earning in a foreign country, please know that unless you bring that USD and convert to INR it is of absolutely no use. If you don't convert that USD, then 15 LPA and above in India is a very good number to enjoy life along with your family !!

    • @ShubhamSaxena-te7nb
      @ShubhamSaxena-te7nb Před 3 měsíci +2

      Yep agree! But recently YT is somehow recommending me all the videos of moral policing, women crimes, toxic work environment, gunda raaj, mla slapping citizen, ias slapping citizen, police gunda giri, jhpadpatti people gunda giri and so on. Those are my concerns, I live in Europe ans still proudly Indian :)

    • @technofete
      @technofete Před 3 měsíci

      @@ShubhamSaxena-te7nb Other so called big/ developed countries have bigger issues than what u stated above - shooting killing protests economic fall etc., somehow only india was shown in the dark side these many years by the "news channels" but all thanks social media all the dirt from each of the countries is being surfaced

    • @shasendraprasad5054
      @shasendraprasad5054 Před 3 měsíci

      This is the comment I was looking for. What you have mentioned @technofete is a spot on fact. If you earn well in India then there is definitely no need to move outside

  • @preet-553
    @preet-553 Před 9 měsíci +12

    Very informative video gave very good information.This Everyone knows what happens in America...Bless You Both 🙏🙏

  • @mualayamsinghyadav945
    @mualayamsinghyadav945 Před 8 měsíci +127

    मुझे नहीं पता मैं क्यों देख रहा हूं यह वीडियो

    • @pinkumund1
      @pinkumund1 Před 5 měsíci +2

      😂

    • @tapaspal2007
      @tapaspal2007 Před 3 měsíci +4

      Sayad maan me america jane ka bichar hai 😂

    • @tapaspal2007
      @tapaspal2007 Před 3 měsíci +1

      Sayad maan me america jane ka bichar hai 😂

    • @deepakk4594
      @deepakk4594 Před 2 měsíci +3

      Same here bro... Koi lena dena hi nahi hain

    • @talu1999
      @talu1999 Před 2 měsíci +2

      Time waste kerne ki addat, aur kya

  • @devendrakumarchaudhary663
    @devendrakumarchaudhary663 Před 4 měsíci +1

    Real picture of of US earnings and expenditures. Very well described. Thanks a lot both of you.

  • @RahatAli-sr4vt
    @RahatAli-sr4vt Před 8 měsíci +28

    Very informative video. This video is specially for one who is dying to relocate to the USA even on minimum salary without analysis of what they will get in hand. In my opinion if you are not going to save double of what you are saving in India then it is worthless to relocate

  • @somakovoor1835
    @somakovoor1835 Před 9 měsíci +49

    beautiful discussion
    v fact filled and imteresting. Both Rajat and varun ki jodi is superb.both are brainy.i am v proud of the young indians coming to this country.
    they surely more intelligent than me who came here from india 42 yrs ago! great video.great intelligent discussion!

  • @Build_Nation
    @Build_Nation Před 4 měsíci

    Very Informative Video!!!!!!

  • @kunaldhake971
    @kunaldhake971 Před 8 měsíci +2

    Nice man you are a honest man...👍

  • @sameer31101984
    @sameer31101984 Před 9 měsíci +35

    Plus 180K is more like 5-7 YOE package, once you cross 10-years that is closer to 250K. If you have advanced degrees (MS/MBA) with 10+ YOE you can easily earn 350-400K. With both family members earning, you can save up to 200K a year easily

    • @professorarjun1234
      @professorarjun1234 Před 9 měsíci +13

      When you start to earn 350-400K, You stop looking at Savings.

    • @sameer31101984
      @sameer31101984 Před 9 měsíci +9

      @@professorarjun1234 you’ll be surprised. It’s not a cliche that I-bankers in NY make 2M+ but end up saving close to 0 (maybe something in 401K). Salaries get eaten by private education, mortgage, alimony and an expensive lifestyle - many are in debt. Situation in Tech and some other stable fields in better.

    • @gunaarokiadass8591
      @gunaarokiadass8591 Před 9 měsíci

      Education does not correspond to salary

    • @sameer31101984
      @sameer31101984 Před 9 měsíci

      @@gunaarokiadass8591 Accha... how much do high-school pass-outs make vs. masters on average in US? Its not about know 5-10 or even 1000 people who earn more then someone who's better educated... its the averages game...

    • @ashwinb6435
      @ashwinb6435 Před 9 měsíci +5

      Who pays 350k in IT ? You have example ?

  • @sundareshkuchipudi
    @sundareshkuchipudi Před 9 měsíci +20

    Rajat Sir One Request As I Am From South India, I Know Hindi Only To Some Extent. So When You Are Telling Numbers Like In This Video You Said Rental Amount, Please Tell In English Or If You Are Saying In Hindi, Please Mention Rental Amount Or Numbers On The Video, So That Everyone Can Understand.

  • @nitin123455
    @nitin123455 Před 6 měsíci +12

    Good to see you both together 😊... Really miss those infy days

  • @KetanKanetkar
    @KetanKanetkar Před 6 měsíci +1

    Loved your camaraderie guys. Good wishes.

  • @kavishwarmokal124
    @kavishwarmokal124 Před 9 měsíci +57

    5:20 if you consider the PPP index then $1= ₹25, means what you get in 1dollar in US will cost you rupees 25 in India on an average.

    • @aashutiwari385
      @aashutiwari385 Před 4 měsíci

      Ultra bol the ho,

    • @naveensharma2509
      @naveensharma2509 Před měsícem

      ​@@aashutiwari385sahi to bol raha hai be bewkoof... 1 RS ko 25 dollar ke baraabar karega kya ulta karke

  • @CCCP85
    @CCCP85 Před 9 měsíci +28

    Truly an expense guide, when I enquired about these expenses with my relative he was stunned and puzzled and never answered. How do you guys save money in the😊 US, do layoffs impact financial plans...? I think my relatives gave me a wrong picture of the US as a wonderland, while friends were right...do you think it's worth coming to US for higher education around age of 36?

    • @PS-ej2xn
      @PS-ej2xn Před 8 měsíci

      No. Life is likely to be hard.

    • @sakthishivam
      @sakthishivam Před 7 měsíci

      No...instead do it here in the IIMs...

    • @drsatishs
      @drsatishs Před 4 měsíci

      ​@@sakthishivamso u think u can just walk into IIM for an MBA, 1 in 10000 taking the exam actually get into a good IIM!

    • @sakthishivam
      @sakthishivam Před 4 měsíci

      @@drsatishs I am from IIM...I know the grill !

  • @akhileshchandra2702
    @akhileshchandra2702 Před 2 měsíci

    Very good.actual things u got in knowledge.

  • @ANAND...TIWARI
    @ANAND...TIWARI Před 7 měsíci

    Great video guys....aapne dil se ek eye opening video banayi h.😊

  • @docturbo7645
    @docturbo7645 Před 9 měsíci +12

    Sir bht achhe se explain kiya, aapki poori video se ek seekh mili.
    Jitte ka bhi package hai use 12 se divide karo toh per month salary ajayegi aur uske baad usko 8 se divide karlo.
    Toh india ke equivalent paise pata lag jayenge.
    Example: 1.5 crore ka package
    Means 12.5 lakhs per month
    Usko 8 se divide karo toh comes out to be 1.56 lakhs.
    Aur jo dollars mein prices bataye aapne unhe 10 se multiply krke sahi idea lag raha hai.
    Example maagi 3$ ki hai
    Yaani 30 ₹
    3-4bhk ka rent 2500-2800$
    Mtlb same, yaha 25-30k mein mil jayega.
    Bht easily aur achhe ae explain kiya sir.

    • @anushshetty30
      @anushshetty30 Před 3 měsíci

      Bhai India mai 3bhk 25k rent mai kaun de raha hai ? Mujhe usse baat karni hai.

    • @docturbo7645
      @docturbo7645 Před 3 měsíci

      @@anushshetty30 Brother depends on area. South Delhi mein 50k tk ka milega.
      Jamna paar jaise area mein shayad 18-20k ka mil jaye. However Jo rent Maine bola it's in Kotla (Central Delhi near my college M.A.M.C.)

  • @chinmaykale4517
    @chinmaykale4517 Před 9 měsíci +7

    I won't say disappointing or great but it was good to know about the depth of this thing
    Thank you for the information

  • @trueindian6332
    @trueindian6332 Před 2 měsíci

    your information was quite useful.and eye opening

  • @creativeizzz4516
    @creativeizzz4516 Před 21 dnem +1

    Eye opener video, thanks sir

  • @abhimanyu-co.
    @abhimanyu-co. Před 8 měsíci +57

    Moral of Story:- Never leave your own Country - Bharat 🇮🇳

    • @crazyvideos273
      @crazyvideos273 Před 8 měsíci +3

      It is not Bharat..it is India.

    • @abhimanyu-co.
      @abhimanyu-co. Před 8 měsíci +7

      @@crazyvideos273 As per Constitution, we can call "Bharat" as well as "India". If you like "India", then your choice, but I will always call original name - "Bharat" not India- name given by British.

    • @neerajsinghbhar966
      @neerajsinghbhar966 Před 8 měsíci

      ​@@abhimanyu-co.English is also British stop using it,tere jaise fudduo ki vajah se hi desh chod rahe hai. Log

    • @shivamshing8607
      @shivamshing8607 Před 7 měsíci +3

      ​@@crazyvideos273it is Bharat

    • @crazyvideos273
      @crazyvideos273 Před 7 měsíci

      @@shivamshing8607 chutiya..it is India..NE india, Andaman &nicobar, south india, Kashmir, lakhshdeep has no history of Bharat. There was no Bharat or a any national concept before the British set their foot here.

  • @AshishGoyal
    @AshishGoyal Před 8 měsíci +11

    Great video guys. At 5:00 a very important message communicated silently that the real conversion rate is 10-15 rs, keeping the purchasing power parity.

    • @thearindambiswas
      @thearindambiswas Před 8 měsíci

      It's around 22 now.
      It used to be 16 around ten years back.
      data.oecd.org/conversion/purchasing-power-parities-ppp.htm
      So the figure stated in the video USD 180,000 in the US roughly translates to INR 42,00,000.

    • @shravangupta4828
      @shravangupta4828 Před 8 měsíci

      I did not get it. how is 80 replaced by 10-15

    • @rahulkumarchauhan9419
      @rahulkumarchauhan9419 Před 8 měsíci

      ​@@shravangupta4828PPP is different, it's basically how much same goods are purchased by different currency.
      For eg...1 toffee cost 40 rs in india and same toffee cost 1 dollar in US.
      1$=80 Rs.
      PPP is 1:2...

    • @thearindambiswas
      @thearindambiswas Před 7 měsíci

      @@shravangupta4828 it's called Purchasing Power Parity.

    • @subramanianadaikalam9277
      @subramanianadaikalam9277 Před 5 měsíci

      @@shravangupta4828 1:3 ... it means getting 12L annual salary in india is equal to 36L annual salary in US. If anyone earning beyond that is when they get more ..

  • @niteshrao
    @niteshrao Před 5 měsíci

    Great video......bahut realistic samazhaya hai...

  • @saurabhzaware6035
    @saurabhzaware6035 Před 8 měsíci +16

    After 10 year work experience
    1.5 CR Salary = 170k CTC
    3,300 USD saved per month except misc expenses (assume 300 USD)
    @83 exchange rate = 2.5L per month savings as of 27 Sep 2023

    • @mukeshkrsingh7482
      @mukeshkrsingh7482 Před 2 měsíci +2

      Itna khrcha hota h tb to hmra pyara BHARAT hi sahi h ❤

    • @RK007Rk0
      @RK007Rk0 Před 2 měsíci

      ​@@mukeshkrsingh7482baat tho sai hamara gawo acha ish se

    • @bikonkumardas
      @bikonkumardas Před měsícem

      ​@@mukeshkrsingh7482Aare bhi, itna save kar sakte ho kya?

  • @aponhistravels2362
    @aponhistravels2362 Před 9 měsíci +19

    Absolutely Rajat and Varun we enjoyed the video a lot I would say it’s a informative video in a simple manner…. Awesome keep making such videos….
    Keep shining Mate 😊

  • @politicallyincorrect1705
    @politicallyincorrect1705 Před 9 měsíci +76

    What you missed:
    - 401K deduction
    - College tuition
    - India travel

    • @parthmehta3427
      @parthmehta3427 Před 8 měsíci +8

      Biwi ki kamai bachti hai voh bhi add karna bhul gaya, I am from india

    • @satyanveshi1939
      @satyanveshi1939 Před 8 měsíci +1

      Utilities, daily travel (fuel parking toll), so many other insurances,, if owning a home all mortgage expenses (EMI, property tax, house insurance, lmi), kids extra curricular

    • @m4mohit871
      @m4mohit871 Před 8 měsíci +1

      Yr atleast life tho achi h vaha sa peace h aur enjoy h jo INDIA mai nahi h.

    • @parthmehta3427
      @parthmehta3427 Před 8 měsíci +4

      @@m4mohit871 Indian cities mein nahi ,gaon mein jao Shanti hi Shanti hai ,aur ye texas udhar ka gaon hai ,udhar jab inko bola Jai ko bay area mein jina hai tab inke bhi pasine chut jaate hai kharcho ka sochke

    • @aniketpatil5328
      @aniketpatil5328 Před 8 měsíci

      5000 dollar ka income Tax.. can you ellaborate this point?

  • @Seedhe-Saadhe-Akshay-Akshay
    @Seedhe-Saadhe-Akshay-Akshay Před 2 měsíci

    Exactly Sirji , the other side of the grass always looks greener as they , Thank you for being so transperent about the actual facts ...

  • @latabhambwani8587
    @latabhambwani8587 Před 3 měsíci

    Thanks for the explanation.

  • @ajaydixitcarbon
    @ajaydixitcarbon Před 8 měsíci +41

    Could've added annual India trip costs. You spend some of your savings when in India. Technically, NRIs save less than the general public perception.

    • @foodbody2031
      @foodbody2031 Před měsícem

      Hi Ajay, couldn't help but notice the word ' carbon' added to your username.
      Does it mean you work in sustainability/Ghg/carbon accounting or carbon credits/carbon taxation field??

    • @ajaydixitcarbon
      @ajaydixitcarbon Před měsícem

      @@foodbody2031yes, your observations are too good! I am a GHG advisory consultant, helping my corporate clients earn Carbon Credits.

  • @grovervishal591
    @grovervishal591 Před 9 měsíci +48

    bhai mere ghar pe koi aake kehta hai na ki mera beta ya beti is earning this much package in US/Canada or any other country. The one question I asked is ki unke ghar pe maid aati hai ya khud karna padta hai.:D ::D.. In india may be salaries definately utni nhi hai but we live very comfortably.. 2nd jin logo ko 10 saal se upar ho gya hai job karte, itne me ye samjh aa gya hoga ki job se koi bhi aadmi amir nhi hua aaj tak.. Either you should have your business or You have good knowledge of investments. So investment point of view se india is growing country, it has potential to may be 10X your savings in coming 2-3 decades. So my advice to young people is,, don't blame anyone if you are not able to go to US by any reason. Just work hard, work smart and Invest smartly. And trust me India me reh ke bhi sabhi wishes poori ho sakti hain !!

    • @patrioticindian57
      @patrioticindian57 Před 6 měsíci +3

      Maid nahi Aati as each human gets a living wage. We are free to exploit the poor in India.

    • @electrowizard2658
      @electrowizard2658 Před 2 měsíci

      @@aksh4t829dekho baat sahi hai but emloyement unko bhi milata hai !!

  • @vikasmeena
    @vikasmeena Před 6 měsíci +6

    So basically we can say your salary 12.5 lacks rupees per month and expenses overall 7.5-8.5 lacks per month then you save 4-5 lacks per month.

    • @redfordrn
      @redfordrn Před 3 měsíci

      After taxes you get 8 to 9 lakh. 12.5 lakh before taxes. The Americans cut taxes and health insurance from you salary.

    • @redfordrn
      @redfordrn Před 3 měsíci

      Then 7 to 7 5 lakh expenses. Which leave 1 to 1.5 lakh saving. Which is accurate. Roughly $1,000 to 2,000 saved per month. If you can save that much in India or other neighboring countries, its not worth it to move to US. You sacrifice a lot, when you move.

  • @mithsindia5150
    @mithsindia5150 Před 8 měsíci +12

    Lived in USA,UK, Europe,ME ,Asia trust me for an average Indian ,best place is India only.
    And in current circumstances India is better even for all practical purposes (considering no emotion/nationalism).
    Yes but one must visit the world before settling down in your native country,you definitely become a better person and you can take all the good things or work back.

  • @deepanjukatiyar1934
    @deepanjukatiyar1934 Před 9 měsíci +9

    Really like these types of video ...I hope you bring many more videos regarding career related options(demanding IT domains)in usa

  • @maryalvis6936
    @maryalvis6936 Před 9 měsíci +3

    Thank you for sharing the information as it is a helping information for those who are planning to move to America. It gives us an idea to choose the location, plus taxes, etc. It is a good video that is a helping hand to keep a mindset if anybody is planning to move or has a work opportunity.

  • @maheshchoubey
    @maheshchoubey Před 5 měsíci

    Good job you guys are sharing very useful information

  • @yashvardhansinghthakur9758
    @yashvardhansinghthakur9758 Před 4 měsíci +1

    Can you buy property in US and if so what's the approximate price for 1BHK in Texas only?

  • @vaibhavsaini6522
    @vaibhavsaini6522 Před 8 měsíci +3

    Ik people working at 80k usd in USA living their life and saving 1-2k USD evrry month and ik a guy working in Uk earning 2k British pounds and saving upto 500 every month while living the best life, it ultimately depends on what type of lifestyle u want, in cities like delhi/gurgaon even 1 lakh per month may seem less 🤷‍♂️

  • @SlaHu.
    @SlaHu. Před 9 měsíci +29

    Hi, I chosed Ireland over US considering below points.. not sure if i made correct decision. ..(!= Canada != extreme snow undoable)
    1. I want to experience abroad.
    2. I dont want constant visa issues, and wanna stay close to family (Parents) like 9 hour flight or 12 hour flight
    3. I dont want to consume 2 years in masters, want to get back to work asap.
    4. I wish to move back to India after certain time period.

    • @politicallyincorrect1705
      @politicallyincorrect1705 Před 9 měsíci +1

      If you don't want to consume 2 years in masters, you can't find a well paying job. The best you can do is come to USA on a L-1 visa as an IT professional if you already work for Cognizant, Infosys, etc. - these companies will pay you maybe 50% of what you will get for the same job if you work directly for a US employer. But your Indian degree will not help you get a direct H-1B visa job from a US employer. Compound that 50% haircut over 35 years, and you can figure out how much you lost because you did not want to spend those 2 initial years in masters.

    • @indirachandra4329
      @indirachandra4329 Před 9 měsíci +1

      🤣🤣🤣very picky

    • @ujjawalgupta668
      @ujjawalgupta668 Před 8 měsíci

      Seen that some companies send their employee to us for full time working there are they getting the 50 percent less salary only or what

    • @iliveinsecrecy
      @iliveinsecrecy Před 8 měsíci +2

      9hr/12hr flight is considered near to parents?! 😳

    • @aileen8492
      @aileen8492 Před 3 měsíci

      @@iliveinsecrecy nearer than US

  • @uberurbane1333
    @uberurbane1333 Před 4 měsíci +2

    On the cost of groceries. We are a family of 4 and it costs us $1000 minimum. Eating out add another $400. Groceries for $400 is a thing of the past. 2nd is car. You will pay about $1300 for 2 cars (assuming each car costs $35k at a minimum) and $350 insurance. Net if you are earning $180k, your saving is no more than $1500 per month.

  • @Soham-hk8jk
    @Soham-hk8jk Před 3 měsíci

    Thanks. Good information.

  • @yogeshdatta4507
    @yogeshdatta4507 Před 8 měsíci +32

    Can we also discuss about the actual total savings per month (for 1.5 cr package and if spouse is working ) .. we discussed on karcha’s, let’s discuss on actual Savings..

    • @amit520433
      @amit520433 Před 8 měsíci +5

      You wouldn't believe me if I told you there's a concept called addition and subtraction. But don't worry, you don't need to learn it to go abroad, you only need to wait for the next CZcams video. Cheers and all the best, do write a postcard to me from there.

    • @yogeshdatta4507
      @yogeshdatta4507 Před 7 měsíci

      @@amit520433 Oh! You don’t believe me if I say I dint know there is something called called addiction (addition) subtraction until you told me this , so naive I, you opened my eyes , now please don’t forget to write a post card to me with the calculation of actual savings, I’m in India only .. take an example of CTC 1.5cr per year in the US and spouse working! Do the math and report back to me , this weeks homework for you … Lol

  • @Abcagra
    @Abcagra Před 9 měsíci +8

    biggest expense in india is of educating kids ...primary education is also very costly

  • @nikitakhandelwal872
    @nikitakhandelwal872 Před 8 měsíci +1

    I really liked their friendship..... I enjoyed and watched the complete vdo simply bcz of the bond they shared here.....

  • @shriyakulkarni5422
    @shriyakulkarni5422 Před 8 měsíci +13

    The best thing I find about this video is both of them are so humble and grounded and talk about reality instead of just hyping about their lifestyle. Otherwise Indians living in US think they are the king of the world and always demean India.

  • @13niyati
    @13niyati Před 9 měsíci +6

    Aapne is video se kitne logo ka US shift hone ka plan badal diya😅
    So from savings of 3k u still pay around 1000 for water, electricity, interest n phone bills? So total savings r 2K.

  • @IdlyVada
    @IdlyVada Před 9 měsíci +11

    Please do note, the package he is saying is good or even better than avg monthly income. This is more than better. Have to send people earn more than 1Lac in India in any metro city and complain about being not enough, these are the same people in USA. Anything above 100K USD is good . Even less than that it good but let’s just say, you want to live good life. I do agree the place you live will matter but again as i said 1L salary anywhere in India is good same case here as well…

    • @Shiva11111
      @Shiva11111 Před 9 měsíci +2

      Yes true. If you earn 1L then you are in 3% of population who's earning is considered as luxury. I earn 40k at age 31 and have a friend who earns 18k. We both are living normal life. Thought it is less. As we have our own house. No rent. Only food. And I will save nearly 30k. Every month 5k is for alcohol. And rest 5k for grocery. Even my dad earns. 60k.

  • @vivekb3786
    @vivekb3786 Před 8 měsíci

    😀Nice well explained.

  • @niteeshparashar3276
    @niteeshparashar3276 Před 8 měsíci

    Good video nice efforts 👏👏👏👏👏👏 appreciate your work

  • @glamorousregent
    @glamorousregent Před 8 měsíci +37

    3000-4000 per month saving is too low considering staying in US hats off to all who are feeling they are doing well and living a high standard . Cheers and wishing the very best

    • @akshatkumar1027
      @akshatkumar1027 Před 8 měsíci +3

      Bhot jyada achi savings hai ye even USA ke standard se , USA me median household income 80000 dollars hai (median household income matlab 2 log milke kitna kama rahe hai) us hisab se dekh le

    • @electricadi
      @electricadi Před 8 měsíci +2

      With your partner (wife) also earning the same/similar then the savings could easily reach 8k-10k per month or 1L USD per annum... Which is quiet good. This is because costs get shared...

    • @pronobkumardeka6653
      @pronobkumardeka6653 Před 8 měsíci

      ​​@@electricadihow many times they travel to their home country in a year?

    • @electricadi
      @electricadi Před 8 měsíci

      @@pronobkumardeka6653 Usually travelling to home country and spending on vacations is wrapped under one spending bucket... As paid holidays are limited...

    • @pronobkumardeka6653
      @pronobkumardeka6653 Před 8 měsíci

      @@electricadi ohh...i thought paid leaves are unlimited😳

  • @kkb_now_i_have_a_handle
    @kkb_now_i_have_a_handle Před 8 měsíci +12

    and also most of the S/W companies have stopped hiring in US. if any requirement comes they say to hire in India and here they have started giving good packages(obvio according to the Indian market). India is becoming a strategic location for all companies because they have to pay less to employees.

    • @likithr1750
      @likithr1750 Před 8 měsíci

      They are rules that they have to hire a percentage of people in the US and clients want some of the work to be done there itself

  • @sumannayal7867
    @sumannayal7867 Před 5 měsíci

    Nice information bro. So nice both of you are really wonderful and true by heart. Vlog liked. Lovely lines
    pros and cons.

  • @mahendrashinde8910
    @mahendrashinde8910 Před 4 měsíci

    Well narrated by both of you.

  • @RAY-Money
    @RAY-Money Před 9 měsíci +4

    4:58 Sir It's PPP 😊😊. IF you multiply by 18 you get the cost in India on average

  • @niravshah9411
    @niravshah9411 Před 9 měsíci +5

    Very true guys but usa is always better in terms of facilities and quality of living..as there are benefits in future after paying such high taxes..unlikely in India 🇮🇳

  • @ukulkarni
    @ukulkarni Před 8 měsíci +1

    1.5cr rupees when calculated using purchasr power parity is nearly 42Lakhs. It a decent income.

  • @parimalbose1394
    @parimalbose1394 Před 7 měsíci +1

    How much TCS , IBM and other IT companies pay to Indian employees in USA on an average ? Does the salary vary depending on place of posting?

  • @chepaukground7608
    @chepaukground7608 Před 8 měsíci +13

    Rs 1.5 crores, translates to $180,000 per year. This is a huge salary in most parts of the USA. This is a salary that can get you a big house, safe neighborhood, excellent public school (school is free) and a good life style.

    • @likithr1750
      @likithr1750 Před 8 měsíci +1

      Not everyone can get that.For fresh graduates $100000 is starting.That guy is just posting it get views

    • @chepaukground7608
      @chepaukground7608 Před 8 měsíci +1

      @@likithr1750 IMHO 100k for fresh graduate is a great salary in the US.

    • @Smackrecker
      @Smackrecker Před 6 měsíci +2

      Its more than double the national average salary which even Americans earn. Pata nahi aur kya chahiye

    • @riazmahmood5132
      @riazmahmood5132 Před 14 dny

      Very true. 180,000 is a big salary even by US standards. Good comfortable life.
      Unless you are living in San Francisco, Silicon Valley and New York city. Then it is just enough

  • @santoshdongare8977
    @santoshdongare8977 Před 5 měsíci +4

    Bhai hum bahut kam kamate hai aapke comparison ne bht ham khush hai kyunki ham family, maa-baap ke saath rehte hai.

  • @maheshwaware
    @maheshwaware Před 8 měsíci +22

    I am earning $15k month, but I only pay $2100 rent in Atlanta. Although other things such as taxes and all depends on how much you put it in savings before tax such as 401K/Roth etc. so it depends on how much you able to save before spending. My funda as always save first and spend later. So I almost save 30-40% of my salary each month.

    • @ngshkmth
      @ngshkmth Před 7 měsíci +2

      How much u save after all expense per month

    • @RajendraDubey00
      @RajendraDubey00 Před 4 měsíci +5

      No benefit bro, your savings are also in Dollar. until your savings is converted into INR

    • @user-pt8cf5wo9z
      @user-pt8cf5wo9z Před 2 měsíci +2

      Very true. Don’t try to scare those who want to come and try American life. You need to enjoy your life in a manageable way. Don’t rent out high end areas. All kind of rental places and first time home buyer’s programs are available.

  • @marietheresa7866
    @marietheresa7866 Před 5 měsíci

    👌👌👌👌Great Share.
    Many count the figures in US$. Big oversight.
    The PPP is of utmost significance.
    THANQ so much for this service to those who still dream the American Dream, which Was a Reality decades back.

  • @PankajKumar-6369
    @PankajKumar-6369 Před 4 měsíci +6

    There is one benefit of being an Indian in America, which no one talks about is that if you got fired from your job or become jobless, for some reason or other, you can always come back to your home country and live with your parents or at least have a roof over your head, but this is not same with the people born in America because if their job is lost or they’re not rich, they will have to move onto street and live a life of homeless

  • @Kamranfarooq1
    @Kamranfarooq1 Před 8 měsíci +3

    Thank you guys...good moral support

  • @kamalnaria94
    @kamalnaria94 Před 2 měsíci

    You have made an honest attempt to explain. You must be IT professionals.😊

  • @Rahul_Ahlawat
    @Rahul_Ahlawat Před 8 měsíci +1

    Cool ❤ Thanks a lot for sharing the breakdown 🙏

  • @surbhitkumar
    @surbhitkumar Před 9 měsíci +28

    If you are saving 3K per month then that is still more than the in hand monthly salary for most of the people in India. If both husband and wife are working then there is no comparision.

    • @siddhartharay1835
      @siddhartharay1835 Před 8 měsíci +5

      Once again you are doing wrong calculation, whom are you comparing with, carpenters? Cobblers? Are these two gentlemen cobblers? Secondly, why are you going for conversion rate? They are to spend that money in usa only...compare that way

    • @pradeep2kedar
      @pradeep2kedar Před 8 měsíci

      Compare with India if u r really planning to come back 😊. But, u r used to luxury now. INDIA ganda lagega ji

    • @siddhartharay1835
      @siddhartharay1835 Před 8 měsíci +3

      @@pradeep2kedar luxury????? In usa? Ho ho.ho.ho ho ho ..

    • @Moneygrowindia
      @Moneygrowindia Před 8 měsíci

      ​@@pradeep2kedaryahin se gaye ho..and luxyry maintain karne ke liye okat chahiye hoti hai bhai...vo Employee ki nhi hoti...
      If you have capable and satisfied with ur loved once then why ur not start ur own business...
      We are 140 cr people are happy in here...
      Tum apni amma chudao..wahin thand me...😂😂😂
      Yeh ia india

    • @deep108
      @deep108 Před 8 měsíci +1

      bhai ek general baat hai ki America itna hi bura hai to log vaps kyu nahi aate. Agar expenses hai to salary raise or business opportunities bhi utani hi achi hai

  • @swarnamohanty3121
    @swarnamohanty3121 Před 8 měsíci +7

    So in US 3000 usd save karte ho monthly, thats 2.5 lakh rs per month. Big savings.

    • @adarshsingh845
      @adarshsingh845 Před 5 měsíci

      That is after killing all their desires..only surviving basic to basic..1 house help bhi nahi rakh sakte..2 baar 10 dosto ke saath dinner party bhi nahi kar sakte..

    • @sanketpatil8477
      @sanketpatil8477 Před 3 měsíci

      Bro😂 india leke aane ka alag tax lagta hai😂

  • @85juyalgaurav
    @85juyalgaurav Před 8 měsíci +2

    My one of a close friends earns 67LPA And his wife probably earn decent around 30+ LPA. He has full time maid , Cleaning HH , cooking HH , maintains luxury SUV ( Cost 28L) and he has never ever gone OUTSIDE INDIA for work despite being in IT. I bet many 1.5 Crore US guy wont be saving money as much as they Save.

  • @youthwave
    @youthwave Před 6 měsíci +1

    India is rocking today with inspiring culture and closeness of people around. 😅

  • @capt.tapankumarrout4019
    @capt.tapankumarrout4019 Před 8 měsíci +4

    ❤ Still people are running to USA leaving parents in helpless condition in our native/ lovely place. Money is taking away relationship. We have given too much importance to money than it deserves.😢

    • @vaibhavsaxena4249
      @vaibhavsaxena4249 Před 7 měsíci +1

      Is there a solution? Ethics are dead and all relationships are now business transactions

  • @vaishnavi3616
    @vaishnavi3616 Před 9 měsíci +46

    Pls bring any indian doctor working in west n let us know his her experience

    • @ouramericandream1183
      @ouramericandream1183  Před 9 měsíci +19

      Noted, we have a friend who is a doctor.

    • @archanashah8860
      @archanashah8860 Před 9 měsíci +1

      Yes, we are always eagre to know about the earnings, lifestyle and savings of a doctor NRI there.
      Thanks Rajat and Varun.
      You both remind me of my son living there as old as you.
      ❤❤

    • @3millionringtones425
      @3millionringtones425 Před 9 měsíci +1

      Yes please would like to know about this topic

  • @vr1908
    @vr1908 Před 8 měsíci

    Good explanation brothers. It will stand definite help for new migrants

  • @lokeshwarkumar9776
    @lokeshwarkumar9776 Před měsícem

    Explained in a good way 🙏🙏

  • @AJAY-yo8si
    @AJAY-yo8si Před 2 měsíci +3

    Lekin Bhai aap logo ko emi to CZcams se aa jate honge na

  • @mverma22
    @mverma22 Před 9 měsíci +12

    Agree there is NO state tax in TX, but there is ISD tax. Also, states with State taxes have a fixed Sales tax. In TX, sales tax varies from 6.35-11%. NY and NJ has a fixed 8.35 and 7% respectively. House and car insurance prices are all time crazy high.
    Best part to live and work in India is the ease of cheap domestic help.

    • @videsititli8211
      @videsititli8211 Před 9 měsíci +9

      Domestic help in India should get more salary. Personaly I think it's exploitation of the poorest. It feels like slavery in a modern jacket. We in Europe do our own chores. There is also househelp available but they have a minimum wage like it should be

    • @RR_NN
      @RR_NN Před 8 měsíci +2

      You are only thinking of savings on domestic help. In India, school expenses and medical expenses will reap you apart. At least school expenses you will be able to manage because you are earning but real problem comes when you retire and medical expenses are there

    • @sasidharvivek5817
      @sasidharvivek5817 Před 8 měsíci +1

      ​@@videsititli8211it's low because they can do the job more times. Population is high per sqkm so more chances of work thereby less value.
      That's economics dear.
      Price changes based on availability.

    • @pronobkumardeka6653
      @pronobkumardeka6653 Před 8 měsíci

      ​@@videsititli8211how many nri indians afford domestic help in us or eu?

    • @videsititli8211
      @videsititli8211 Před 8 měsíci

      @@pronobkumardeka6653 None that I know. I never met rich Indians in the Netherlands. I know some Indian families. All of werking class. No one can affort domestic help. Costs for domestic help are about INR 1500 per hour

  • @udaykerkar707
    @udaykerkar707 Před 6 měsíci

    Good dear
    At least we get knowledge
    From you
    God bless you

  • @mechanicalbiopolis4671
    @mechanicalbiopolis4671 Před 7 měsíci

    Really good and objective video. Well done! Sad to see unnecessary comments glorifying like in India instead of understanding the message of this video.

  • @ravipandey1996
    @ravipandey1996 Před 9 měsíci +3

    I would need video of Sponsorship from India , H1-B in IT tech field, why NRI don't move back like what are the factors etc