Average Income Of Middle Class In India In Rupees

General manager and risk manager follow earning inr 4 102 592 and inr 2 770 941 respectively.

Average income of middle class in india in rupees. An annual inhand income of 4 8 lacs. The next two groups seekers earning between 200 000 and 500 000 rupees 4 376 10 941 and strivers with incomes of between 500 000 and 1 million rupees 10 941 21 882 will become india s huge new middle class. Enter your total monthly household income my total monthly household income is. The gap between the lowest and the highest paid careers is 972 93.

10 825 average salary in india is inr 1 331 530. A person working in india typically earns around 31 900 inr per month. In mumbai india economy director is on the top list of highest earners earning an average gross salary of inr 4 986 236. Average take home earning is inr 1 064 620 net.

When the local cost of living is taken into account the income of the seekers and strivers looks more like 23 000 to 118 000 which is middle class by. The adb does add further. The most typical salary is inr 897 259 gross. So most people in india whether they barely pay taxes or they make over a crore a year describe themselves as middle class.

You are in the top of the richest households in india. Marketing executive earn a gross annual average of inr 500 940 while net developer earn inr 675 027. While their incomes would place them below the poverty line in the united states things are much cheaper in india. This is the average monthly salary including housing transport and other benefits.

The adb report defines the middle class as those earning between 2 and 20 per person per day measured in international dollars ie adjusted for purchasing power parity. Salaries vary drastically between different careers. Salaries range from 8 080 inr lowest average to 143 000 inr highest average actual maximum salary is higher. They manage to save some money for retirement.