New Delhi: It is the dream of many Indians to earn money in dollars by working in America. In India, if someone’s monthly income is Rs 7.5 lakh, it will be considered a good income. With this amount, one can expect to live a comfortable life with the family and also save. But the story of an Indian woman living in America is different. She earns around $8,000, i.e., Rs 7.5 lakh every month, yet she considers herself middle class. The reason for this is the high cost of living there, which includes taxes, house installments, medical bills and children’s needs.
How much tax is deducted first from the salary?
According to report, an Indian living in America has shared the video on Instagram with an account named @desidadinamerica. In this, he is seen giving details of his sister’s earnings and expenses of the month. According to the woman, her monthly earnings are $8,000. Of this, about $1,500, i.e., about Rs 1.41 lakh, goes in tax. After taxes are deducted, she is left with $6,500.
Where does the money go for household and daily expenses?
The woman has also shared details of her monthly expenses. According to her, $2,500 is spent every month on the house installment, i.e., the mortgage. One has to pay $1,000 for food and about $500 for medical expenses. Apart from this, $500 is spent on car expenses, $500 on electricity, water and other bills. $300 needs to be set aside for the children’s needs and $200 for other expenses. After all these expenses, the woman is left with about 1,000 dollars, i.e., about 94 thousand rupees every month. Her personal expenses are not included in this amount.
Was there much savings on a salary of Rs 15 lakh in India?
The woman also compared her current life in America with the time she spent in India. She said that when she was in India, her annual earnings were around Rs 15 lakh. At that time she was able to save more money than her current earnings in America. This is the reason why despite having a monthly income of lakhs of rupees, she does not consider herself rich.
Debate on the lives of India and America on social media
After the video of the woman’s expenses surfaced, discussion has started on social media about the cost of living in India and America. Many users said it was better to live in India. Some people say that good facilities and cleanliness are available in America, but the expenses like housing, treatment and child care are very high there. At the same time, some users also described the emotional connection and peace they get in their country as important.
