India, the Most Affordable Economy in the World
Similarly buying a pair of branded shoes or a Levi’s jeans would also cost much cheaper in India. Here, buying a branded pair of shoes costs
3,438. On the other hand, in Russia it will cost
8,802. In china it is much cheaper with
2,700. And a pair of Levi’s jeans costs the same in India and U.S. but in Russia it costs 3 times costlier with
7292.
For the public transportation, which costs RS.10 (approx) in India will cost
12 in Malaysia and
196 in Australia.
A 2 liter bottle of Coco-Cola costs
58 in India. In China the same bottle will cost
65 and
195 in Australia.
A cup of coffee at the newly launched ‘Starbucks’ will cost
135 in India while the Mexicans has to pay
174 for the same and in Oslo it will cost
531.
For the Health insurance premiums, Indians pay
4760 annually (approx). Well, this is slightly higher than what Filipinos pay;
3173 and much lesser that Americans who pay
303210.
These above statistics shows that India is a much better country where the same commodities can be bought a much affordable prices.
Also Read:
5 Must Follow Money Tips for Teenagers
5 Must know Insurance and Social Security Tips for Expats
