Purchasing Power Parity(PPP) Salary Converter

Source Country

Salary in 's Local Currency

Income Tax in , Percentage (Enter 0 for no income tax)

Target Country

Output

You require a salary of _______ in 's local currency after taxes to live a similar quality of life as you would with a salary of _______ after taxes in 's local currency.

The foreign exchange rate tells you that a salary of 80,000 US Dollars can be converted into 63,16,072 Indian Rupees. What it doesn't tell you is if 80,000 USD in America can get you the same standard of living as 63,16,072 Rupees does in India(PS it is 16 times of an average salaried individual). How much money would you need in America to buy the same things that you would buy in India?

This is where Purchasing Power Parity (PPP) comes in. Converting your salary using PPP, instead of the exchange rate, helps to give you a better approximation of what your standard of living would be like in two different countries. This can be handy to know if you're planning on moving, a remote worker, sending money abroad, or many other things.