Quote:
Originally Posted by Unregistered
For a fair comparision, we use the international established PPP purchasing power parity to compare as this account for cost of living.
PPP Singapore (1.08): your proposed sg salary is 10000sgd, converting to PPP is 9300 intl dollar. (10000/1.08)
PPP India (17.04), your current indian salary is 5700sgd or 290000inr. converting to PPP is 170000 intl dollar. (290000/17.04)
from 170000 to 9300 intl dollar, you effectively take a 45% pay cut in view of Singapore being more expensive.
A toyota altis in Singapore cost $90,000sgd.
Hard to maintain the usual standard of living. I would ask your company to offer another 10000sgd, so that your montly is 20000sgd if you want to have a car and send your kids to good school. You can justify with my calculations using PPP.
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Is there an authoritative PPP list which you referred to? I would like to do some comparisons to other countries. Thanks!