DISQUS

AmitKlein.com: Cost of living comparison: Mumbai vs NYC

  • Gaurav Chaturvedi · 5 months ago
    "Dinner + few drinks in Top restaurants (5-stars) 2000/40 per person 50000/100 per person"

    on an average dinner + drinks, for me comes out to be 3000 bucks... But then i think that varies person to person.

    Also 50000/100 per person, seems to be a typo 50,000 INR != 100 USD ;)
  • Aniruddha · 5 months ago
    A visit to a specialist would certainly cost more. But then, that again would depend on the ailment you visit him for.
  • Rakesh Pai · 5 months ago
    Though INR prices for Levis t-shirts are the same in India and the US, USD prices are almost double in NYC. Something wrong in the excel sheet equation?
  • amit · 5 months ago
    @guarav - yeah this isn't an exact science, thanks for pointing out the error, fixed
    @aniruddha - i went to the new hospital in four bungalows kokilaben ambani and thats what it cost (ill leave out the gory details), im sure it differs though in other places and depending on ailment...
    @rakesh - i've actually found the price differed I compared the price in InOrbit vs. macys in NYC, though again I'm sure you can find it cheaper, these are broad strokes...
  • cbas · 5 months ago
    Rakesh was referring to the calculation, not arguing over the costs.
    600/12 and 600/20
    Does not compute ;)
  • cbas · 5 months ago
    The Internet connection cost isn't an apples-to-apples comparison. To get the same speed as a $60 connection in EU/US you'd have to pay 20-100x more in India.
  • Ryan · 5 months ago
    Nice Info ;)
  • amit · 5 months ago
    @seabass thanks buddy, fixed (not fast internet connections, but the does not compute)
  • Final_Transit · 5 months ago
    Hi Amit!
    Having lived in both cities I find some numbers compared from a different basis although I understand your perspective. For example, a meal at $12 in NYC is pretty normal for lunch (with tipping reaching 20% these days....pfffft..). However, an equivalent 'decent restaurant' in Mumbai - in my opinion - would be be a Rs 80 ish lunch. At Rs. 200 thats among the nice places. I know its relative, but if one considers the percentage of New Yorkers having a $12 lunch, for Mumbaikars it would be Rs 50 or so!
    I think this complexity arises due to the exchange rate used. If one uses PPP basis, things might compare better. But the list is quite useful for sure! Thanks. :)
    Priyank
  • Elroy Serrao · 5 months ago
    @Final_Transit, Yeah PPP brings down things quite a bit. Did a back of the envelope re-calculation here : http://blog.enygmatic.com/?p=359
    As far as 'decent restaurant' goes, I'd agree with Amit's assessment of Rs.200 on an average...though like you said its relative, depends a lot on what you eat and what sort of cuisine suits you.
  • Cas · 5 months ago
    Dude, you have a cook?

    Fuck Brooklyn. I'm moving to Mumbai.
  • Vishwajeet · 3 months ago
    Hi Amit

    Nice comparision. What would have been good if you could have also mentioned how much would someone be saving, coz after all an Indian success is measured by their Bank Balance :)
    For an normal (read: Single) Indian INR 90,000 worth of expense is on a higher side. Anyways I wont argue much, since that again is relative.
    Anyways if you wish to enjoy good Mumbai food, then visit my blog http://allaboutmumbaifood.blogspot.com

    Regards
    Vishy
  • sandhya2 · 1 month ago
    Great comparison.
  • desi · 3 weeks ago
    4971 USD/ month. Dude, are you concluding that around 5k is what an average lifestyle (only expenses) would cost you in NYC? that is completely overblown!
  • Amit Klein · 3 weeks ago
    I'm not saying this is an average lifestyle, I wouldn't take a $600 vacation once a month. If you take that out and split the 3k 2 bedroom apartment, you are down to $2900. For me and my friends that's a realistic monthly spend. If you could be more specific on where you disagree, please let me know.