What is a decent salary in Mumbai?

Depending upon the industry and position, the average salary can vary as per one’s skills and location. According to LinkedIn, a social network for professionals, the average salary in Mumbai is Rs 4.4 lakhs per annum. This can go up to Rs 8.5 lakhs.

Is 30000 a good salary in Mumbai?

5000-12000 per month in areas like Navi Mumbai, Thane, etc. to as high as Rs. 30000-50000 in areas like South Mumbai, Juhu, etc. … For couples or families moving to Mumbai, a decent sized 1 Bhk in such areas can cost you somewhere around Rs. 8000-Rs 15000.

What is the average salary in Mumbai India?

The average salary for jobs in Mumbai, India is ₹5,79,052 (INR) per year or an hourly rate of ₹278 (INR).

Is 2 lakh monthly salary good in Mumbai?

It is good enough to earn 2 lakhs / month which makes 24 lakhs / year. If you are single then you are earning more than enough. Even after living a luxurious life, you will be able to save a lot of money. But luxurious definitions for will differ from person to person.

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Is 20 lakhs good salary in Mumbai?

Think again, unless your annual take-home salary is at least Rs 20 lakh per annum. That is the minimum you must earn if you want even a modest home in the Mumbai Metropolitan Region (MMR), shows a recent research by Liases Foras, a real estate rating and research firm.

Is 1 lakh per month enough in Mumbai?

Cost of living in Mumbai: Summary

For a family of four, the estimated monthly costs are Rs 1 lakh approximately, without rent. For a single person, the estimated monthly costs are Rs 30,000 without rent. The cost of living in Mumbai is 8% more than the cost of living in Delhi.

How much salary is enough?

The median necessary living wage across the entire US is $67,690. The state with the lowest annual living wage is Mississippi, with $58,321. The state with the highest living wage is Hawaii, with $136,437.

What is a good starting salary in Mumbai?

Mumbai, Maharashtra Jobs by Salary

Job Title Range Average
Operations Manager Range:₹304k – ₹2m Average:₹766,496
Project Manager, (Unspecified Type / General) Range:₹435k – ₹2m Average:₹1,207,789
Civil Engineer Range:₹176k – ₹860k Average:₹349,840
Accountant Range:₹127k – ₹513k Average:₹250,850

What is the minimum salary in Mumbai?

Latest Minimum Wages for Shops & Establishment in Maharashtra

Class of Employment Zone VDA Per Month
Skilled Zone I 1430.00
Skilled Zone II 1430.00
Skilled Zone III 1430.00
Security Guard/Lady Security Guard – Security Services Mumbai/Thane 1430.00

What is a good salary in Delhi?

How much do Delhi employees make? Employees in Delhi earn an average of ₹21lakhs, mostly ranging from ₹2lakhs per year to ₹50lakhs per year based on 30000 profiles. The top 10% of employees earn more than ₹35lakhs per year.

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Which job gives 1 crore per year?

1. Management Professionals – Jobs with salary over 1 crore. Those who study MBA or PGDM from a prestigious business school get a starting salary of around 12 to 30 lakhs per annum.

How can I earn 1 crore per year?

Here are a few ideas which made more than 1 crore.

  1. Start a blog and build your audience.
  2. Affiliate marketing.
  3. Sell a Course and leverage it by Live training, workshop, mastermind and personal mentorship.
  4. Write several Books.
  5. Dropshipping.
  6. Software as a service.
  7. Build an App which helps 10 lakh people.
  8. Freelance Expert.

How can I earn 1 crore?

The rule states that if you invest Rs 15,000 per month through a Systematic Investment Plan (SIP) for 15 years in an equity mutual fund that offers 15 percent annualised returns, it will accumulate a corpus of Rs 1 crore.

What is a good salary in Navi Mumbai?

Employees in Navi Mumbai earn an average of ₹20lakhs, mostly ranging from ₹5lakhs per year to ₹50lakhs per year based on 1817 profiles. The top 10% of employees earn more than ₹32lakhs per year.

Is Mumbai expensive than Bangalore?

A Mumbai vs Bangalore cost of the living comparison indicates that Mumbai is approximately 16-20% more expensive than Bangalore. Real estate is substantially costlier in Mumbai along with some basic essentials while Bangalore has more expensive public transportation.

Which job gives highest salary in India?

Best Paying Jobs in India

  • Commercial Pilot. …
  • Product Manager. …
  • Investment Manager. …
  • Management Consultant. …
  • Business Manager. …
  • Data Scientist. …
  • Chartered Accountant. …
  • Machine Learning Experts. Machine learning and artificial intelligence experts help companies make data-driven decisions, setting them up for greater success.
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