how can i compare value of money between two nations.example i am getting xyz salary in india what in usa.?

Question

example: i earn xyz rupee india how much i have to earn in say USA to maintan same standard of leaving.

another one is suppose i started an firm in india that made pqr lakh rupee profit in india how i compare my return with respect to usa.

Answer 1

you can setup a money conversion to your computer ....also major banks have conversions on line

Answer 2

I did a search on www.google.com. I think I wrote "What is US money worth compared to India money?" One of the sites (see source list below) provided me with a free money converter.

At the site's free converter, you enter an amount, click on a "from" country and a "to" country, and then you click on "convert." It's that easy.

I chose $1 for an amount, USA for a "from" country, and India for a "to" country. A US dollar, according to the calculator is worth 46.12 INR (money from India).

When I retired about 5 years ago, I learned from my peers that a person starting a job as an everyday office worker, could expect to earn $35,000 per year to start. That's equal to 1,614,200 INR per year.

In the USA, if you live where I live, in the state of Maryland, just outside the nation's capitol, in a little town named Laurel, and you are single, and live a modest lifestyle, not poor by any means, but not rich either, you can make it on that income ($35,000) and have some left over.

However, If you are educated, and have special skills, you can earn much more money than that, and live much better.

When I was employed (I'm retired now) I knew a couple of guys from India who worked for my employer. One guy (I think his name was 'Rohini Jha' or something like that) told me his father was a government official in India. His father sent him to the USA for an education, and after graduating from school, he got a job in the $35,000 starting pay range and seemed to be doing ok financially. But I'm sure he's looking to improve his situation financiallty, because that's not a lot of money in the USA. So, if you think you'd be rich earning the equivalent of 1,614,200 INR in the USA, you need to think again. It's not rock bottom, but it's not big bucks either.

If you want to communicate with Rohini via email to ask him questions about life in the USA, then send me an email with your email address and I'll forward it to him with an explanation, and ask him to respond to you directly. Then you two can email each other as often as you like. Keep in mind that even though I think Rohini is a nice guy, and I want to believe he would respond to you and help you understand anything that you may be interested in knowing about the USA, there's no guarantee he will in fact take the time to respond to you. But my gut feeling is that he will.

Answer 3

you've were given a grievance you may want to record besides the undeniable fact that it hinges on the definition of your job call. no longer particular what your job is. Salaried replaced right into a stipulated job description of a manger of two or more desirable workers that replied to you and also you had the employ/hearth features over. yet, a number of what i replaced into acquainted with has replaced. i know in disputes by the years previous regulation pay the rule of thumb replaced so as that the traditional over a 2-week era equals 80 hours, then the employer can opt for to pay instantly time like 2 40-hour weeks. it is, one week might want to theoretically be seventy 9 hours and the subsequent week a million hour. This replaced into an attempt to lesson the load of courtroom filings. in the different case, businesses might want to pay piecemeal like soliciting for say to illustrate, a print shop's pressman, be paid for each job task he produces truly of with the help of the hour. Likewise, a timber employees helper might want to get a lot in line with wall that he erects. it truly is why hourly pay exists because 2 workers may accomplish a product for the owner's income. because each state also has their little rules protected in all this, you need to bypass for your state's employment company and ask for his or her critiques and literature.

Answer 4

Here are some quick suggestions
Try "cost of living comparisons between countries" as a search on Google,
This was the fourth item down on my search
http://sage.tamu.edu/topics/topic_resources/C/Country_Comparisons.html

For currency exchange rates, that's easy, do a search on Google for "currency exchange rates" and there are several good websites.

Hope these help!

Answer 5

Value of money is determined by what it buys.If you want to make comparisons between different levels of prosperity and financial prospects,then study the statistics and information in the world factbook.You can compare statistics and national averages.