Cost of Living in India (Planning to move back)


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ash1967   
Member since: Oct 11
Posts: 28
Location:

Post ID: #PID Posted on: 22-10-11 17:38:11

Recently there has been substantial increase in the average cost of living in India. Any inputs on the current cost of living.... & expenses... would be appreciated.

It may vary across city to city (like Mumbai vs Pune or Delhi vs Lucknow), but an average estimate will be very helpful in planning.



tamilkuravan   
Member since: Jun 05
Posts: 5775
Location: God's own country

Post ID: #PID Posted on: 24-10-11 02:02:32

Its is very cheap yarr!
Rent will be the max. depending on the city.
Electricity, water, appliances, veggies, cooked items, transit, auto etc.. are damn cheap. Schools are also cheap (depending on certain conditions)
Veggeies are like Rs 20 for 1/2 kg.
Chicken Rs 135 per kg
Fish Rs 30 to Rs 300 per kg
If you have specific queries please feel free to ask.
Peace


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meitsme   
Member since: Feb 06
Posts: 476
Location:

Post ID: #PID Posted on: 24-10-11 08:19:54

if you are not aware of

http://www.r2iclubforums.com/ (This site has lots of detail but most memebers are from USA)

http://returntoamdavad.com/ (This site has detail about monthly expeses of Ahmedabad on FAQ page. According to me this is high but it all depends on how would you like to make your living standard. There are people who think Rs. 25000 / month is enough for them and there are people who think Rs. 70K/month won't enough. All depends on your expectation and satisfication. Also, it depends on your size of family.)

Please keep sharing your plan and experience of moving back to India.

Good Luck.


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ash1967   
Member since: Oct 11
Posts: 28
Location:

Post ID: #PID Posted on: 24-10-11 13:17:22

Quote:
Originally posted by tamilkuravan
Its is very cheap yarr!
Rent will be the max. depending on the city.
Electricity, water, appliances, veggies, cooked items, transit, auto etc.. are damn cheap. Schools are also cheap (depending on certain conditions)
Veggeies are like Rs 20 for 1/2 kg.
Chicken Rs 135 per kg
Fish Rs 30 to Rs 300 per kg
If you have specific queries please feel free to ask.
Peace


Thanks for your input...
We see a lot of reports of inflation in India; prices going up & up..
We can see House (Apartment) prices have gone crazy over the recent years; mostly due to the availability of housing loans & partly unaccounted (black) money.
How does a bank deposit work for a person with OCI status (Overseas Citizen of India): I mean what % interest rates are given on deposit over longer period of time.



Fido   
Member since: Aug 06
Posts: 5286
Location: Canada

Post ID: #PID Posted on: 24-10-11 15:25:00

8% plus with 30% TDS or 15% TDS if multi country tax treaty exists . Fuly repartriable.. Check the NRO deposit thread on the left .


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Fido.


ramar2005   
Member since: Sep 04
Posts: 1233
Location: India.

Post ID: #PID Posted on: 25-10-11 02:47:56

In Chennai, companies like TCS, Cognizant, HCL, Infosys etc, have been recruiting for the past few years not a few hundred, but tens of thousands every new year. They are mostly engineering graduates just coming out of college and their starting salary is approximately Rs.25,000 per month. Because of Dearness Allowance increase, class 3 government employee with about 10 years experience, earn as much. Everything from house rent to vegetable prices, has been hiked so as to keep these people in their proper place. We can conclude that a person earning Rs.20 or 25,000 may have the economic status of a class 3 government servant (assuming that he does not have any other income).


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san-hugo   
Member since: Aug 10
Posts: 2009
Location:

Post ID: #PID Posted on: 25-10-11 11:12:00

Good quality life is never cheap , where ever you go in this world !





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