Is India expensive to live in?

No, India is not expensive to live in; it’s one of the most affordable countries globally, especially compared to the US. Prices are roughly 59% lower on average. The price index is 41 (US = 100), meaning everyday goods and services cost significantly less than in the United States. For instance, a decent one-bedroom apartment in a major city like Bangalore might cost you around $200-$300 per month, while a similar place in a US city would be $1,500+. Groceries are also incredibly cheap; you can get a week's worth of fresh produce for under $20. Even dining out is a fraction of the cost, with a good meal at a local restaurant often under $5. Income tax rates can vary, but for non-residents or those earning above a certain threshold, they can be between 5% and 30%. However, with the low cost of living, your money stretches much further. To put it simply, if you’re looking to maximize your purchasing power and live comfortably on a smaller budget, India is an excellent option.