Dubai is one of the most attractive places for jobs and business in today's time. Every year thousands of Indians go to Dubai for better salary and standard of living. But have you ever wondered how much a salary of 20 thousand dirhams in Dubai would be in India? Let's know about this in detail.
Know currency conversion
First of all we have to understand what is the exchange rate between Dubai's currency Dirham (AED) and Indian Rupee (INR). As per the current exchange rate of today 11 March 2025, 1 Dirham is approximately equal to Rs 23.74.
Thus, 20,000 Dirhams = 20,000 × 23.74= Rs 4,74,735 per month.
That means a person earning 20 thousand dirhams in Dubai earns 4.75 lakh rupees per month in India. This is really a good amount.
This is the difference in purchasing power
But currency conversion is not everything. We also have to see how different the cost of living and purchasing power is in both the countries. Living in Dubai is much more expensive than in India. There, the expenditure on rent, electricity, water, food, health services and education is more. On the other hand, there is no income tax in Dubai, whereas in India, tax has to be paid on salary.
In terms of Purchasing Power Parity (PPP), a salary of around Rs 2 to 2.5 lakh in India would be sufficient to provide the standard of living that 20,000 dirhams provide in Dubai.
A salary of 20,000 dirhams in Dubai is directly equivalent to Rs 4.5 lakh in India. But in terms of living standards and purchasing power, its real value is approximately Rs 2 to 2.5 lakh per month in India.
If you are looking for a job abroad, consider not just the salary but also the cost of living, work-life balance and future opportunities. Every person has different priorities, so take a decision based on your needs.
Is there a difference in the standard of living between India and Dubai?
The value of salary cannot be determined by currency conversion alone. We also have to see how different the living cost and expenses are in both the countries.
Expensive standard of living in Dubai: The cost of living, food, health services, schools, electricity, water, and other expenses in Dubai are much higher than in India. The rent of a house there is very expensive. For example, the rent of a simple 1 BHK apartment in Dubai can be around Rs 60,000 to Rs 80,000 per month, whereas in small cities of India, the same rent is around Rs 10,000 to Rs 15,000.
Low expenses in India: The cost of living in India is much less than in Dubai. Rent, food, transport and health services are affordable here. Due to this, a very good life can be lived in India with a salary of Rs 4.75 lakh.
Source: PTI