$50K....is it enough?

Nick-H · Apr 2nd, 2008, 23:40

If it starts at 30,000 then 50,000 could be somewhere in the middle.

BritAsian · Apr 2nd, 2008, 23:42

So middle class starts at 30K - not upper middle?

Edit:
I know the terms middle and upper middle are arbitrary but I don't think this completely explains the wide variance.

crvlvr · Apr 3rd, 2008, 00:35

But here is the dilemma, while the US$ continue to depreciate, Indian ruppee is appreciating. Also, the workforce appear to get 10% pay increase year over year. Unless you plan to get a job as soon as go to India, any savings that you plan to live off may not last as long as one thinks.

Apr 2nd, 2008, 23:40	#76
Nick-H Loud-mouthed, Noisy Bird Join Date: Oct 2004 Location: Chennai, India Posts: 26,884	If it starts at 30,000 then 50,000 could be somewhere in the middle. __________________ . Just one member of the IndiaMike Mod Team

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Apr 2nd, 2008, 23:42	#77
BritAsian Member Join Date: Mar 2008 Location: UK Posts: 17	So middle class starts at 30K - not upper middle? Edit: I know the terms middle and upper middle are arbitrary but I don't think this completely explains the wide variance.

Apr 3rd, 2008, 00:35	#78
crvlvr Guru Join Date: Sep 2004 Location: Hollywood Posts: 4,474	But here is the dilemma, while the US$ continue to depreciate, Indian ruppee is appreciating. Also, the workforce appear to get 10% pay increase year over year. Unless you plan to get a job as soon as go to India, any savings that you plan to live off may not last as long as one thinks.

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