Nobody Told You This About Money | #09 ๐ฎ๐ณ India vs ๐บ๐ธ USA
Why are Indians moving to the US when itโs so much more expensive?
The answer is earning power.
๐ GDP per person
๐ฎ๐ณ โน2.3L
๐บ๐ธ โน72.5L
~31ร higher in the US
๐ Cost of living
๐ฎ๐ณ Lower housing, food & service costs
๐บ๐ธ Higher housing, childcare & service costs
๐ Healthcare
๐บ๐ธ Much higher healthcare spending
๐ฎ๐ณ Much lower healthcare costs, but higher out-of-pocket burden
๐ Sanitation
๐ฎ๐ณ 63%
๐บ๐ธ 97%
So, is the US โbetterโ? Not necessarily.
India = lower costs
USA = higher earning potential
Migration is often less about living cheaply and more about earning more.
If you had to choose today?
๐ฎ๐ณ India
๐บ๐ธ USA
๐จ๐ฆ Canada
๐ฆ๐ช UAE