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 !!🎉🎉🎉 !!!
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.
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.
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.
I think you missed out on an opportunity of international exposure for you both and kids.. but you must have made decision after lot of thinking. Situation is different for different people.
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.
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.
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 !!
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 :)
@@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
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
@ShubhamSaxena-te7nb no country in this world is free from crimes. If you see percentage wise India is still better place to live compare to other countries in regards to number of crimes.
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
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.
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 right, but culture is to live for others in all odd circumstances rather than run away from responsibility citing minute reasons.
@@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
1.5 crore rupees = $180,000 Yr. (before taxes 40%) can support a family of 4 with two children in public school, "average" style. "Educated-Indian" families, husband and wife working. (Children in public schools, one car, no vacations, no public dining)
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.
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
But India is fast becoming like USA. Reasonable income for a four member family with 2 schoolgoing children is ₹25,00,000/- in tier 1 cities like Delhi/Mumbai.(post tax)
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.
I am Indian and reside in Vienna. After doing my BSc from Delhi University, I entered in Vienna University, and did MBA and PhD, and free of cost. Rather I got a scholarship 6000 Shillings. Here earnings are not like USA, but safe and secured blessed with protection from state. Labour in Europe is also not cheap. Around 15 dollars an hour for unskilled worker
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
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.
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 !!
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.
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
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
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
@@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.
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 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.)
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.
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
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
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
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 Usually travelling to home country and spending on vacations is wrapped under one spending bucket... As paid holidays are limited...
👌👌👌👌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.
Going abroad is not an issue... but one should fix a target ...never go to for never returning.... once you have accumulated 1 cr in Rupee terms you may consider coming back and starting a business ..or investing in the Indian stock market and doubling it in every 3 years.... In India, if you have Initial funds you are the king...
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!
Biggest difference in US and India is basic services ( Emergency, fire, police and roads). In India doesn't matter how much you earn you can’t get these services.
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.
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.
Funny thing is people in India think someone earning $15000 per month in US (around Rs 1.5 crore per year) is very very rich (and treat them like millionaires) when in fact he's only making ends meet there ! On the other hand, you can lead a pretty luxurious life in India at ONE TENTH of that amount!
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🎉
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 🤷♂️
The problem is people think of how many Indian rupees the American salary is !! They don’t understand that the expenses to live in America is also high !!
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 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
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 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 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...
Roads are nice here, cars service is fine, rowdy road drivers are less, people rarely bullies you about your heights and looks and skin complexion, women doesn't have any problem roaming here and there if she can drive cars and have mobile phone, foods and beauty products are mostly organic and less harmful. You don't have to bribe police to get attention, Homosexuals have equal rights, every lives matters the most, you can almost sue anyone and everyone here and get justice, people don't say 'janta hain main Kaun hu' very often? That's why we don't really wanna go back to India but yes if you ask me about Savings? Woh ghanta kar pate hain. I, myself staying in Montreal, Canada for over 14 years now. My savings are mostly equivalent with any other normal indian middle-class. But I am living here just because of the quality of lifestyle ❤
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??
Rs 1.5 crores, translates to $180,000 per year. This is a huge salary in most parts of the USA. This is a salary that can get you a big house, safe neighborhood, excellent public school (school is free) and a good life style.
Very true. 180,000 is a big salary even by US standards. Good comfortable life. Unless you are living in San Francisco, Silicon Valley and New York city. Then it is just enough
Great video guys. At 5:00 a very important message communicated silently that the real conversion rate is 10-15 rs, keeping the purchasing power parity.
It's around 22 now. It used to be 16 around ten years back. data.oecd.org/conversion/purchasing-power-parities-ppp.htm So the figure stated in the video USD 180,000 in the US roughly translates to INR 42,00,000.
@@shravangupta4828PPP is different, it's basically how much same goods are purchased by different currency. For eg...1 toffee cost 40 rs in india and same toffee cost 1 dollar in US. 1$=80 Rs. PPP is 1:2...
@@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 ..
Good video. Those who earn 1.5 Lakh to 2 Lakh per month in India (30 to 40 L per annum) should not move to US unless there is some other objective for relocation.
@womanlifestyle8371 shayad aap puch rahe ho ki mai kaun si job karta hu? Ji mai small job karta hu meri salary aisi nahi ki compare ki jaye🙂🙏 Maine bus US ki expenses vs India ki expense ke base par compare kiya 🙏
@@kavishwarmokal124 You are taking about package...I am talking about money that you get in hand to spend. To get 2 Lakh in hand you gotta have 35L package. 1cr in USA is just 3 times of this and US is at least 10 to 15 times expensive
Plus, you don't have a maid or other home services. Plus you do not have a support system of near and dear during bad times (hospitalisation etc) One more thing is second grade citizens, which most people do kot talk about.
Bhai hum Mexico mae bahut khush hai,maine 3 saal mae pr bhi li, aur apna ghar bhi le liya, gaadi and motorcycle bhi liye, business established bhi kiya... We just go states for vacations... Everymonth we save at least 15000 usd... 🙏🏻i feel u. s is hyped rated country... Viva Mexico
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?
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.
❤ 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.😢
Money can buy many things but can't buy not everything. Can buy good bunglow, luxurious vehicle, best mattress, best hospital... but can't buy love, peace, health, happiness, good sleep... At death bed money seems to be useless and we will search for love, caring, relation ... which might have been too far from our reach. Money is essential in our life but not everything in life. Just turn around, look back and redesign your goal to have a peaceful life with the near and dear ones...
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.
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
@@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
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
Hats off to those who save and remit to India. Those who criticize such people tell them to provide such a job in India. It's the will to learn and earn that brings youth to US. India is busy in election mode all year round. There are all sorts of bottlenecks. Though even in US there are challenges though probably much less than India considering the quality of life in US based on your qualifications
One imp difference In India even if your household income is 2 lacs per month , u can hire 2 maids and a driver , for which u have to paid lacs per month in US
Bro that is because India is one of the worst counties in the world in terms of wealth disparity. Maid and driver's are so much underpaid. In USA Australia Europe they are paid well
Some ppl in comments are saying that if it is so costly why are you still living there. I guess that's not the point of this video. Obviously these guys are doing good. The point of this video is to educate some ppl in India that there are enough costs involved too. And that while salary is in $, exp toenses are not in Rs. My studio was $1170/month two years back. Now it is $1700. A friend of mine finalized buying a Toyota Camry and before final payment was asked about insurance (without that you can't have vehicle on road). The least insurance quote he got was $610/month. He silently walked away from the dealership (car wasn't absolutely necessary for him) 1. Don't come to US taking huge loans especially now when job market isn't rosy. I see some students doing this stupidity especially from Andhra. 2. Don't expect to become crorepati soon unless you are some lawyer, doctor or a investment banker. 3. The quality of life is good. 4. Keep in mind that $ earnings have $ expenses too. Good luck !!
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..
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 TH-cam video. Cheers and all the best, do write a postcard to me from there.
@@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
Great and eye opener for elderly PPL thinking otherwise of young chaps living very fabulous life. However you have given insights, it will clear misconceptions and educate PPL in its entirety. Pls keep sending about other aspects of life in general. Definitely it's great fight of survival we in India missed many a time's. All the best 🎉
You are right. I lived in USA NJ & San Fransisco and noticed in both places a working class person is able to save 50% if single. So in order to "settle down" that is where one has time on their hand with money, one has to work for almost 20 years, same as India, that too if you *don't loose your job* . Most Indians, who have gone their with education loan is worse. Of course if you are sent by IT company, at least you have no overheads. But one has to struggle a great deal to have GC sponsors. Until then visa extension, fear of visa rejection, compromised marriages for geen card all these come into picture. People in India get stuck while commuting to office, while over there people spend time in diastance commute.. be it carl train, BART or path. And the plight of old people is pathetic, like I have seen my close well educated relatives, other indians who have migrated in 1960, 1970 live in old age homes, as often times their kids marry non indians and living with parents is unthinkable. Unfortunately this is becoming a trend in India as well. Standard of living or mental peace of a person earning 1.5 cr in *India* is not same as earning 1.5 crs in *USA* That said, Quality of life in terms of cleanliness, air quality, noise pollution is good. If one is US citizen and are entrepreneur, innovator, or passionately into R&D, it is a heaven. No one will snatch your work, you will get full credit. Their affirmative action isn't as bad as Indian affirmative action which is license to legally decriminate against merit n hard work. For rest of mediocre working class where you live doesn't matter, itz same.
@@likithr1750 I assume or atleast per my value system marriage between a couple should be because of love , passion or atleast personal attraction and not monetary or any other material consideration
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…
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.
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 😊
Sad part is average American is not able to survive or live ordinary life but Indians living American dream with great packages .. Americans are great people welcoming people around the world to their country unlike some states in india fight saying other state or non local people taking our jobs
Bhai 1.5 crore to nahi .. 1.5 lac/m Kama Raha hu India me par aap Dono se Aachi condition me hu .at least TH-cam pe video Bana Ke paise Nahi Kamana padte Hai
@@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.
@@शक्तिमान-हीरो 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.
I am middle aged lady and I have been living outside India since past 25 yrs . I have recently moved to USA. I see many youngsters in India living a comfortable life but the house they live in and their lifestyle mostly belongs to or is supported by their parents . It is not their hard earned money. They can never feel proud that it is their achievement. I feel happy and proud to see that my husband and I have created wealth and gifted house to my in laws. It is actually a pleasure to see Rajat and many other youngsters who are working so hard and are boss of their lives. There is no comparison.
That's your assumption or may be a small number of cases.. most people buy their own or sell the older house and add money and buy a bigger house for all to move in..
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.
If you are earning one lac per month in India and living in your house with your two kids, no need to go abroad. You can live a king size life in India.
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.
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
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
@@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 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
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 🇮🇳
What is missed here that they don't talk about the second income from their spouse. I've known couples who save together close to an INR crore per year. That is the real American dream!
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.
Thank u so much . Here you are talking of one persons package . Why forget the income of other person like spouse or partner ? So in total the amount jets multiplied into two . Spouse might be earning a little less but still joint income is a blessing . Isn’t it guys ? And I know my daughter is in Texas too. Both husband and wife earn sufficient amount to lead a comfortable living . Please clarify guys what happened to ur other parters / spouses income ? I’m sure most of the families both members are working 😅
Exactly right question, Mam it would be great enough if you can mention the amount both as couple save in USA , actually I am currently in India and hope you help fellow Indian and aspiring youth . 🙏🏻
Taxes are high even if both works. Also, A to Z you have to manage either at home, office, school etc., There is a social pressure with society, if kids are there additional burden with both working, if work from home is not an option, from morning 6 everything kicks in till you go to bet at 10 .. everything goes by clock there. Also will miss parents, relatives, wedding and functions, lot of cons but end of the day money is needed .. people may not return after 5 years because they then think of kids future ...
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.
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.
![[TH] 2024 PMGC League | Survival Stage วันที่ 1 | PUBG MOBILE Global Championship](http://i.ytimg.com/vi/FVFT-PFwU80/mqdefault.jpg)
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 !!🎉🎉🎉 !!!
Chodu itna bol raha hai tho yeh tho bata de ke maa tho India Main he hai na
😂😂
Presence of
Maa....is everything in life
Man you you really enjoying your life.🥳🤍
Bruh u take bribe, haah 🤔
How much tax?
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.
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.
Best decision.
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.
I think you missed out on an opportunity of international exposure for you both and kids.. but you must have made decision after lot of thinking. Situation is different for different people.
Very nice decision+ if u want to do business/ family business side by side it gets easily done in India.
Left USA 20 years ago when still young. No regrets. Never wanted to go back other than quick tourist visit.
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.
Tum Wapas kyun aa gayi phir USA se?
yes
@@guptasagar694Bhaga Diya😂😂😂
Kab aai AAP yahan
USA m saving hoti hai kya
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.
Rupiya se jada man me khushi chahiye...
Kya bol raha he hindi me likh le?
I love my Bharat
How much average money we can from freelancing if we learn programming language?
amricans kyu ayenge esi gandi jagey lol
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 !!
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 :)
@@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
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
@@ShubhamSaxena-te7nbwait until you get recommendations of gun violence, racism
@ShubhamSaxena-te7nb no country in this world is free from crimes. If you see percentage wise India is still better place to live compare to other countries in regards to number of crimes.
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
We don't know future
What happens next.
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.
Dodge??@@TheSudhanshu1982
bhai khudka pta nhin hai ye bchho ke liye proud feel kr rha hau😂
@@ApulicaOfficial Wohi bche inhe dumb kr denge waha ke schools main pad kar
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.
kaun sa comfort be?....our culture is to fight on minute things
@@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
Thats true, and I live with that guilt every single day.
Individualism kills family and society.
@@ayushchaturvedi7098 right, but culture is to live for others in all odd circumstances rather than run away from responsibility citing minute reasons.
मैं तो मेरी मम्मी के साथ इंडिया में बहुत खुशी से रहते हैं,,,I love india❤
I've been living Texas around 8 year, every point you both talked absolutely correct.👍👍
So u r now in India ?
she said living@@traderji9718
😂@@traderji9718
@@traderji9718 ghanta koi gaon wapas jata h kya 😂😂
@@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
Dont underestimate indian salaries... You must respect the freedoms which india has given to citizens.... Lets respect our country and values. 🎉🎊
*given to “some” of its citizens
Not even some only few😂😂 in context of 1.5 billion population...
@@doriyagaurang very true
lol
So why are you see this vedio😂
1.5 crore rupees = $180,000 Yr. (before taxes 40%) can support a family of 4 with two children in public school, "average" style. "Educated-Indian" families, husband and wife working. (Children in public schools, one car, no vacations, no public dining)
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.
India pe jaise Rohingiya guzarte aisehi most Indian USA me guzarte hai. Simple
Why scared ??? I have never been to the USA?
Tere angur khatte kr rhe h... itni problem h to wapas kyu nhi aajate😂😂
They were all scared that u might turn to a parasite for them lol
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
Moral of the story : STOP feeling proud about RUNNing away from your country
True but run away if you can.
India mein job Kahan hai
In india you can never buy 2 cr car...even if graduate from IIT, working in india...but in America it is easy.
Jao but paisa bhejo apne ghar
Jao aur india me investment kro
But India is fast becoming like USA.
Reasonable income for a four member family with 2 schoolgoing children is ₹25,00,000/- in tier 1 cities like Delhi/Mumbai.(post tax)
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.
Absolutely korrect
I am Indian and reside in Vienna. After doing my BSc from Delhi University, I entered in Vienna University, and did MBA and PhD, and free of cost. Rather I got a scholarship 6000 Shillings. Here earnings are not like USA, but safe and secured blessed with protection from state. Labour in Europe is also not cheap. Around 15 dollars an hour for unskilled worker
wow buddy, can you please tell in details that how can we study in less money
@@shortsparadiseaj5505 you can get this benefit,if you are able to study in German language
Lol and you have Mozart as your profile name
Real picture of of US earnings and expenditures. Very well described. Thanks a lot both of you.
Which is why its important to take into account Purchasing Power Parity of the country in such circumstances.
Devide per annum salary by 5
What about the Quality of Life ???
USA - got indipendence 250 years ago
India - 75 years
USA Population - 33 crore
India - 140 crore
Expecting quality of life same as usa from india? indians are real fools no wonder chinese laught at us@@sanjeevsharma28
India me ghar expensive hain.
Petrol 2x expensive hain
Cars expensive hain
Sirf sabzi sasti hai
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
What an authentic video! And these guys seem so cool!! Kudos! Subscribed!
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.
Why did you run away from India then? Did you have a miserable situation in India?
@@divyanshusoul absolutely.
@@divyanshusoulif it makes you sleep better at night.. well done mate
That is not true. Not all houses cost two million unless it is a mansion.
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.
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 !!
Maid nahi Aati as each human gets a living wage. We are free to exploit the poor in India.
@@aksh4t829dekho baat sahi hai but emloyement unko bhi milata hai !!
Maids are not exploited in india you doofus
Exactly Sirji , the other side of the grass always looks greener as they , Thank you for being so transperent about the actual facts ...
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.
After taxes you get 8 to 9 lakh. 12.5 lakh before taxes. The Americans cut taxes and health insurance from you salary.
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.
4:02that😅
ये विडियो बेरोजगार वालों को proud ,feel कराती ह
😅😅😅😅
😂😂😂😂
😂😂😂😂😂😂😂😂👌👌👌👌👌
Bilkul sahi bola Bhai😂😂😂😂😂
😂😂😂😂😂
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
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
Bhai 30% to India me bhi dena padta h...
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
@@siddhartharay1835 You compared the best in India from the worst/average in the USA. Not a fair comparison.
@@ignashi7plays401 not at all.teacher vs teacher I compared.....equally ....all hoax on the American front...
@@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.
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.
Bhai India mai 3bhk 25k rent mai kaun de raha hai ? Mujhe usse baat karni hai.
@@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.)
@@anushshetty30India ka matlab sirf Mumbai nhi hota. Tier 2 cities me 1 no. 3bhk milega under 20k.
I live in USA and don’t regret at all .. God Bless America 🇺🇸
How much u earn
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.
Exactly true
Bhai hum bahut kam kamate hai aapke comparison ne bht ham khush hai kyunki ham family, maa-baap ke saath rehte hai.
Very interesting -& useful information from you, thanks.
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
Very informative video gave very good information.This Everyone knows what happens in America...Bless You Both 🙏🙏
Kya baat hai yaar! Badhiya laga ek candid convo sunkar! Ground reality and stuff! Subscribed ✌🏻
मुझे नहीं पता मैं क्यों देख रहा हूं यह वीडियो
😂
Sayad maan me america jane ka bichar hai 😂
Sayad maan me america jane ka bichar hai 😂
Same here bro... Koi lena dena hi nahi hain
Time waste kerne ki addat, aur kya
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
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
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...
@@electricadihow many times they travel to their home country in a year?
@@pronobkumardeka6653 Usually travelling to home country and spending on vacations is wrapped under one spending bucket... As paid holidays are limited...
@@electricadi ohh...i thought paid leaves are unlimited😳
👌👌👌👌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.
Going abroad is not an issue... but one should fix a target ...never go to for never returning.... once you have accumulated 1 cr in Rupee terms you may consider coming back and starting a business ..or investing in the Indian stock market and doubling it in every 3 years.... In India, if you have Initial funds you are the king...
lgta ha apk india mein 1 cror kaafi ziada hoty hn pakistan mein to cror ka to acha ghr b nhi banta
which Indian stock doubles in 3 years 😮
@@bilalhassan9650 indian 1 cr = pakistani 3 cr
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!
Biggest difference in US and India is basic services ( Emergency, fire, police and roads). In India doesn't matter how much you earn you can’t get these services.
True
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.
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.
🤣🤣🤣very picky
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
9hr/12hr flight is considered near to parents?! 😳
@@iliveinsecrecy nearer than US
Very practical and easy to understand statistics. I agree with your points.
After seeing this video, respect for my country has increased even more 🇮🇳
Wonderful video.... explain a lot....will wait for the next one
Genuine Discussion, enjoyed it and learned a lot
Funny thing is people in India think someone earning $15000 per month in US (around Rs 1.5 crore per year) is very very rich (and treat them like millionaires) when in fact he's only making ends meet there ! On the other hand, you can lead a pretty luxurious life in India at ONE TENTH of that amount!
U mean 180k is not big amount of money in us
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🎉
Lol .
Haha 🤣😅
😂😂😂 angur khatte hore bhayankar
@@stephenwilson4931inki aukad nay hain bhai usa main rehne ki
Angoor khatte h
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 🤷♂️
The problem is people think of how many Indian rupees the American salary is !! They don’t understand that the expenses to live in America is also high !!
What you missed:
- 401K deduction
- College tuition
- India travel
Biwi ki kamai bachti hai voh bhi add karna bhul gaya, I am from india
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
Yr atleast life tho achi h vaha sa peace h aur enjoy h jo INDIA mai nahi h.
@@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
5000 dollar ka income Tax.. can you ellaborate this point?
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
When you start to earn 350-400K, You stop looking at Savings.
@@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.
Education does not correspond to salary
@@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...
Who pays 350k in IT ? You have example ?
Roads are nice here, cars service is fine, rowdy road drivers are less, people rarely bullies you about your heights and looks and skin complexion, women doesn't have any problem roaming here and there if she can drive cars and have mobile phone, foods and beauty products are mostly organic and less harmful. You don't have to bribe police to get attention, Homosexuals have equal rights, every lives matters the most, you can almost sue anyone and everyone here and get justice, people don't say 'janta hain main Kaun hu' very often? That's why we don't really wanna go back to India but yes if you ask me about Savings? Woh ghanta kar pate hain. I, myself staying in Montreal, Canada for over 14 years now. My savings are mostly equivalent with any other normal indian middle-class. But I am living here just because of the quality of lifestyle ❤
Staying in US and earning from Bharat through this video.. speechless😂
NRIs, they dont like the USA but don't want to move to Bharat.
😂
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.
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??
@@foodbody2031yes, your observations are too good! I am a GHG advisory consultant, helping my corporate clients earn Carbon Credits.
Bawa Apna bharat sahee h.... Jai Hind
joh bhi hoo jaye pr mai Bharath nahi chorungah , India is India🇳🇪
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.
Ultra bol the ho,
@@aashutiwari385sahi to bol raha hai be bewkoof... 1 RS ko 25 dollar ke baraabar karega kya ulta karke
I'm circle officer.(pcs officer)..my salary is approx 9 lakh per annum...I'm enjoying my life in india.
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.
Not everyone can get that.For fresh graduates $100000 is starting.That guy is just posting it get views
@@likithr1750 IMHO 100k for fresh graduate is a great salary in the US.
Its more than double the national average salary which even Americans earn. Pata nahi aur kya chahiye
Very true. 180,000 is a big salary even by US standards. Good comfortable life.
Unless you are living in San Francisco, Silicon Valley and New York city. Then it is just enough
What about living in more rural area
After watching this video I am happy that I am working for US Semiconductor MNC in INDIA 😁
that's one of the nicest company to work for.. I hope u must be working in Core area.
@@85juyalgaurav yes it's IC design profile I am working on in one of top semiconductor manufacturing company
@@soulinspirobother how much salary do you get per month post taxation
Next Up - Ambani sharing sad reality of his lifestyle.😂
Great video guys. At 5:00 a very important message communicated silently that the real conversion rate is 10-15 rs, keeping the purchasing power parity.
It's around 22 now.
It used to be 16 around ten years back.
data.oecd.org/conversion/purchasing-power-parities-ppp.htm
So the figure stated in the video USD 180,000 in the US roughly translates to INR 42,00,000.
I did not get it. how is 80 replaced by 10-15
@@shravangupta4828PPP is different, it's basically how much same goods are purchased by different currency.
For eg...1 toffee cost 40 rs in india and same toffee cost 1 dollar in US.
1$=80 Rs.
PPP is 1:2...
@@shravangupta4828 it's called Purchasing Power Parity.
@@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 ..
Good video.
Those who earn 1.5 Lakh to 2 Lakh per month in India (30 to 40 L per annum) should not move to US unless there is some other objective for relocation.
@womanlifestyle8371 shayad aap puch rahe ho ki mai kaun si job karta hu?
Ji mai small job karta hu meri salary aisi nahi ki compare ki jaye🙂🙏
Maine bus US ki expenses vs India ki expense ke base par compare kiya 🙏
@@pushpeshsumanso how you can explain this !!! People just write without practical knowledge
@womanlifestyle8371 I don't live in India, but Dubai.
1.5L-2 L per month is 18L-24L per annum, learn basic calculation first.
@@kavishwarmokal124 You are taking about package...I am talking about money that you get in hand to spend.
To get 2 Lakh in hand you gotta have 35L package.
1cr in USA is just 3 times of this and US is at least 10 to 15 times expensive
Plus, you don't have a maid or other home services.
Plus you do not have a support system of near and dear during bad times (hospitalisation etc)
One more thing is second grade citizens, which most people do kot talk about.
I won't say disappointing or great but it was good to know about the depth of this thing
Thank you for the information
Good to see you both together 😊... Really miss those infy days
Arey bhai trainer, is that you? :D
@@ouramericandream1183yes bhai
Haha Infosys...you guys are working very hard for me...😮😮
Bhai hum Mexico mae bahut khush hai,maine 3 saal mae pr bhi li, aur apna ghar bhi le liya, gaadi and motorcycle bhi liye, business established bhi kiya... We just go states for vacations... Everymonth we save at least 15000 usd... 🙏🏻i feel u. s is hyped rated country... Viva Mexico
Cartel nhi h udhar Or kaha rhte ho?
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?
No. Life is likely to be hard.
No...instead do it here in the IIMs...
@@sakthishivamso u think u can just walk into IIM for an MBA, 1 in 10000 taking the exam actually get into a good IIM!
@@drsatishs I am from IIM...I know the grill !
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.
Great guys. Nice video. Good conversation with your friendship
❤ 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.😢
Is there a solution? Ethics are dead and all relationships are now business transactions
Marriage itself is based on financial status.
Money can buy many things but can't buy not everything. Can buy good bunglow, luxurious vehicle, best mattress, best hospital... but can't buy love, peace, health, happiness, good sleep...
At death bed money seems to be useless and we will search for love, caring, relation ... which might have been too far from our reach. Money is essential in our life but not everything in life. Just turn around, look back and redesign your goal to have a peaceful life with the near and dear ones...
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.
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
Compare with India if u r really planning to come back 😊. But, u r used to luxury now. INDIA ganda lagega ji
@@pradeep2kedar luxury????? In usa? Ho ho.ho.ho ho ho ..
@@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
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
Hats off to those who save and remit to India. Those who criticize such people tell them to provide such a job in India. It's the will to learn and earn that brings youth to US. India is busy in election mode all year round. There are all sorts of bottlenecks. Though even in US there are challenges though probably much less than India considering the quality of life in US based on your qualifications
Well said
Quality of life 😂😂
One imp difference
In India even if your household income is 2 lacs per month , u can hire 2 maids and a driver , for which u have to paid lacs per month in US
Bro that is because India is one of the worst counties in the world in terms of wealth disparity. Maid and driver's are so much underpaid. In USA Australia Europe they are paid well
Hahaha
Positive : do not compare to country..
Negative: aaise taise main jao..enjoy Karo
Jaha raho..
@@satyanveshi1939 itna bhi well paid na ho ki pay hi na kar sako ..LOL
Some ppl in comments are saying that if it is so costly why are you still living there. I guess that's not the point of this video. Obviously these guys are doing good. The point of this video is to educate some ppl in India that there are enough costs involved too. And that while salary is in $, exp toenses are not in Rs.
My studio was $1170/month two years back. Now it is $1700. A friend of mine finalized buying a Toyota Camry and before final payment was asked about insurance (without that you can't have vehicle on road). The least insurance quote he got was $610/month. He silently walked away from the dealership (car wasn't absolutely necessary for him)
1. Don't come to US taking huge loans especially now when job market isn't rosy. I see some students doing this stupidity especially from Andhra.
2. Don't expect to become crorepati soon unless you are some lawyer, doctor or a investment banker.
3. The quality of life is good.
4. Keep in mind that $ earnings have $ expenses too.
Good luck !!
biggest expense in india is of educating kids ...primary education is also very costly
Put them in average private schools
Those schools make them dummmy. Better put them in a good kvs or icse board@@naveensharma2509
Government schools better until 12
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..
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 TH-cam video. Cheers and all the best, do write a postcard to me from there.
@@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
Great and eye opener for elderly PPL thinking otherwise of young chaps living very fabulous life. However you have given insights, it will clear misconceptions and educate PPL in its entirety. Pls keep sending about other aspects of life in general. Definitely it's great fight of survival we in India missed many a time's. All the best 🎉
Need more this kind of discussion 😮
You are right.
I lived in USA NJ & San Fransisco and noticed in both places a working class person is able to save 50% if single.
So in order to "settle down" that is where one has time on their hand with money, one has to work for almost 20 years, same as India, that too if you *don't loose your job* . Most Indians, who have gone their with education loan is worse. Of course if you are sent by IT company, at least you have no overheads. But one has to struggle a great deal to have GC sponsors. Until then visa extension, fear of visa rejection, compromised marriages for geen card all these come into picture.
People in India get stuck while commuting to office, while over there people spend time in diastance commute.. be it carl train, BART or path.
And the plight of old people is pathetic, like I have seen my close well educated relatives, other indians who have migrated in 1960, 1970 live in old age homes, as often times their kids marry non indians and living with parents is unthinkable. Unfortunately this is becoming a trend in India as well.
Standard of living or mental peace of a person earning 1.5 cr in *India* is not same as earning 1.5 crs in *USA*
That said, Quality of life in terms of cleanliness, air quality, noise pollution is good.
If one is US citizen and are entrepreneur, innovator, or passionately into R&D, it is a heaven. No one will snatch your work, you will get full credit. Their affirmative action isn't as bad as Indian affirmative action which is license to legally decriminate against merit n hard work.
For rest of mediocre working class where you live doesn't matter, itz same.
Why marry someone who doesnt work?
@@likithr1750 I assume or atleast per my value system marriage between a couple should be because of love , passion or atleast personal attraction and not monetary or any other material consideration
Above all, which is more precious is your friendship
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…
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.
1 Lacks in India ver good salary with equity life
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 😊
Sad part is average American is not able to survive or live ordinary life but Indians living American dream with great packages .. Americans are great people welcoming people around the world to their country unlike some states in india fight saying other state or non local people taking our jobs
Bhai 1.5 crore to nahi .. 1.5 lac/m Kama Raha hu India me par aap Dono se Aachi condition me hu .at least TH-cam pe video Bana Ke paise Nahi Kamana padte Hai
😂😂😂 not all TH-cam videos pay
😂😂
Moral of Story:- Never leave your own Country - Bharat 🇮🇳
It is not Bharat..it is India.
@@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.
@@abhimanyu-co.English is also British stop using it,tere jaise fudduo ki vajah se hi desh chod rahe hai. Log
@@crazyvideos273it is Bharat
@@शक्तिमान-हीरो 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.
I am middle aged lady and I have been living outside India since past 25 yrs . I have recently moved to USA. I see many youngsters in India living a comfortable life but the house they live in and their lifestyle mostly belongs to or is supported by their parents . It is not their hard earned money. They can never feel proud that it is their achievement. I feel happy and proud to see that my husband and I have created wealth and gifted house to my in laws. It is actually a pleasure to see Rajat and many other youngsters who are working so hard and are boss of their lives. There is no comparison.
That's your assumption or may be a small number of cases.. most people buy their own or sell the older house and add money and buy a bigger house for all to move in..
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.
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
Better Thing is Work from India Remotely and take $5-6K salary.
If you are earning one lac per month in India and living in your house with your two kids, no need to go abroad. You can live a king size life in India.
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.
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
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
@@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.
@@videsititli8211how many nri indians afford domestic help in us or eu?
@@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
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 🇮🇳
Very informative.. Thanks for sharing these info.
What is missed here that they don't talk about the second income from their spouse. I've known couples who save together close to an INR crore per year. That is the real American dream!
?U mean 100k+
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.
Bahut badhiya information...thanks bhai log❤
Thank u so much . Here you are talking of one persons package . Why forget the income of other person like spouse or partner ? So in total the amount jets multiplied into two . Spouse might be earning a little less but still joint income is a blessing . Isn’t it guys ? And I know my daughter is in Texas too. Both husband and wife earn sufficient amount to lead a comfortable living . Please clarify guys what happened to ur other parters / spouses income ? I’m sure most of the families both members are working 😅
Equivalent to a 50L salary in India
Exactly right question,
Mam it would be great enough if you can mention the amount both as couple save in USA , actually I am currently in India and hope you help fellow Indian and aspiring youth .
🙏🏻
Taxes are high even if both works. Also, A to Z you have to manage either at home, office, school etc., There is a social pressure with society, if kids are there additional burden with both working, if work from home is not an option, from morning 6 everything kicks in till you go to bet at 10 .. everything goes by clock there. Also will miss parents, relatives, wedding and functions, lot of cons but end of the day money is needed .. people may not return after 5 years because they then think of kids future ...
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.
How much u save after all expense per month
No benefit bro, your savings are also in Dollar. until your savings is converted into INR
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.
what job do you do if you dont mind me asking?