India’s average salary range extends from 8,080 INR per month (107.78 USD) to 143,000 INR per month (1,907.25 USD). In this case, the average salary is 33,333 INR, whereas the median salary is 30,000 INR.
The median salary represents the middle value between all salaries considered, while the average divides the sum of all salaries by the number of salaries considered.įor example, let’s say employee A earns 20,000 INR, employee B earns 30,000 INR, and employee C makes 50,000 INR.
How is the median salary value different from the average salary ? This implies that half of the Indian population earns less than 29,400 INR every month, while the other half earns more than 29,400 INR. India’s median salary is 29,400 INR per month (392.07 USD). However, other key indicators like the median salary and the average salary range can help you get a broader overview of the country. India’s national average salary amounts to 428.49 USD per month, as per the exchange rates in July 2021.Ī country’s average salary is an important indicator of its standard of living.
That is 428.49 USD per month, according to the exchange rates in July 2021. In 2021, the average salary in India is 31,900 INR (Indian Rupee) per month or 3,82,800 INR per annum. If you’re wondering what India’s average salary is or how much it’ll cost to hire a workforce in India, we’ve got you covered.
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