If we talk on average considering all the factors then it comes out to be around Rs 30,000 per month is a good salary with the average standard of living. Including all the expenses like transportation, groceries, personal expenses, and much more.
Is 30K a good salary in India for fresher?
So 30K in 2019 is far better package when compared to other fresher packages. Yes, it is good enough to start off as most mass recruiters like TCS, Infosys, Wipro, and others have a package of 3.5 LPA for freshers which is basically Rs 24000 per month on average. So, your salary is good enough when compared to them.
Is 30K a good salary?
Is $30000 a year good? $30,000 a year is good for a single person, but it might be a stretch for a family unless it is one of multiple income streams. However, it can work depending on where you live and how you budget.
Is 30000 a good salary in India Quora?
So, to live a comfortable life you need 50000 (Mandatory) + 15000 (Policy Premiums) + 10000 (Vacation) + 30000 (Saving). = Rs 105000 per month meaning around Rs 13 lakh per year after Tax is good salary in India. If your CTC is around Rs 18 lakh per annum then it is really good salary.
Is 30K a good salary in Delhi?
3) What salary is needed to live comfortably in Delhi? That totally depends on your lifestyle and preferences. A salary between 30,000-50,000 is good enough for you to live comfortably though.
Is 20k a good salary in India?
With a combined income of Rs 20,000 a month, a couple can still lead a decent life in any Indian city. Three experts do the math for you keeping in mind the costs of living in 3 cities. With a combined income of Rs 20,000 a month, a couple can still lead a decent life in any Indian city.
How can I save money on 30000?
1. Use Simple Methods
- i. Start Saving At Home. Keep a piggy bank at home and make it a habit to save money in there.
- ii. Start Paying Yourself. When you receive your monthly salary, pay yourself too.
- iii. Tip Yourself. Whenever you spend money on your “needs,” make sure you tip yourself.
- iv. Hike Your Savings.
Is 30K a year middle class?
In 2010, the Census Bureau reports that the median income in the United States was $49,445, so if you go a little lower or higher, you get a middle-class range of between about $30,000 and $70,000 a year.
Is 30000 a lot of money?
for example: 30K is an incredible amount of money to make in one day, however it’s not so great if that represents your yearly income. if I told you I made a million dollars you might be impressed, however with time, I made $40k/ yr. (~$800.00/week)over a 25 year work history it becomes far less impressive!
Can you live comfortably on 30000 a year?
You would need an income of about $35,000 to be left with $30,000 to live on. One person can do very well on that amount. It is far more than you need for food and water, if you avoid debt and don’t buy a lot of crap that eats money (pay TV, motorized toys, …).
What is a good salary at 30?
Originally Answered: What salary range for a thirty year old is considered good? I’d say $150,000- $200,000 annually is a “good salary” for a 30 year old with a college degree and a tech job in a metro city in the United States.
What is a high salary in India?
Top 10 Highest Paid Jobs In India
| Job Profile | Average Base Salary/ year (In INR) | Fresher Salary/year |
|---|---|---|
| Blockchain Engineer | ₹808,000 | ₹6,26,185 |
| DevOps Engineer | ₹715,281 | ₹391,646 |
| IoT Solutions Architect | ₹1,915,175 | ₹496,349 |
| Artificial Intelligence Engineer | ₹750,000 | ₹606,782 |
What salary is considered rich in India?
The top 10% owned assets worth ₹6,354,070 on average ( ₹63.5 lakh, and the top 1% own ₹324.5 lakh on average), which is 96 times more than the bottom 50% ( ₹66,280). As these numbers suggest, private wealth is concentrated in the hands of a few in India. In 2021, this concentration became more pronounced.
What can you afford with 30K salary?
If you were to use the 28% rule, you could afford a monthly mortgage payment of $700 a month on a yearly income of $30,000. Another guideline to follow is your home should cost no more than 2.5 to 3 times your yearly salary, which means if you make $30,000 a year, your maximum budget should be $90,000.
How much do you need to live comfortably in India?
India is quite cheap as compared to many other countries. Cost of living depends on what you do and where you live in the India. Basic need living costs such as food, water and shelter costs you around 15000 to 20000 INR. Depending on your expense, it may result in a higher amount or lower amount.
What is the average salary in India per month?
In 2021, the average salary in India is 31,900 INR (Indian Rupee) per month or 3,82,800 INR per annum. That is 428.49 USD per month, according to the exchange rates in July 2021.
Is 10 lakh a good salary in India?
10 lakhs per annum means the person earns around 80 to 90 thousand a month. Well, technically the person can easily lead a comfortable middle class lifestyle in India. Atleast at Kolkata earning that much money is enough to be labelled as belonging from High-Income-Group.
Is 5 lakh a good salary in India?
If you talking about 5 lakhs per month, then definitely a handsome salary but if you are talking abou 5 lake per annum then also it is decent salary for start. Various factors are involved in it like your place of living, your standard of living, family size, your expenditures, your investments, your savings etc.
What is basic salary India?
Basic salary is the base income of an employee, comprising of 35-50 % of the total salary. It is a fixed amount that is paid prior to any reductions or increases due to bonus, overtime or allowances. Basic salary is determined based on the designation of the employee and the industry in which he or she works in.
How much is a 30K salary a month?
How Much Do You Earn Monthly?
| Annual Income | Monthly Pretax Income | Monthly Post-tax Income |
|---|---|---|
| $30,000 | $2,500.00 | $1,875.00 |
| $40,000 | $3,333.33 | $2,500.00 |
| $50,000 | $4,166.67 | $3,125.00 |
| $60,000 | $5,000.00 | $3,750.00 |
How much a month is 30 000 per year?
$30,000 a year is equal to $2,500 monthly, on the basis that you will work 40 hours every week throughout the year.
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