India and the United States of America are two vastly different countries in terms of size, population, and socio-economic factors. India, with a much larger population, faces challenges related to poverty, unemployment, and infrastructure, whereas the United States is wealthier and has a higher standard of living. The two countries also differ in terms of government structure, economic systems, and cultural diversity. While the United States is a developed nation with a strong economy, India is still considered a developing country with potential for growth. In conclusion, the comparison between these two countries highlights their contrasting attributes and stages of development..
Prepare to be astounded by the far-reaching impact of India on a global scale, transcending its physical distance from the United States, located 13,568 km away. Surprisingly, the United States has become a coveted destination for Indians pursuing educational and professional opportunities.
In 2022 alone, an astonishing 1,33,135 Indian students embarked on transformative journeys abroad to pursue their studies, while 320,791 highly skilled professionals secured H-1B visas, enabling them to contribute their expertise in foreign lands.
Only a few know that the Indian-American community is prominent in the United States. Comprising 1 percent of the nation’s total population, Indian Americans contribute substantially to its prosperity by shouldering 6 percent of its tax burden.
These remarkable statistics firmly establish Indian Americans as the second-largest immigrant group in the United States after Mexicans, with their population surpassing a staggering 4.8 million.
Considering the profound influence of the Indian diaspora, Moonpreneur has compared India and America across various dimensions, such as cost of living, Education, and more. By shedding light on these contrasting aspects, we aim to provide invaluable insights for individuals contemplating life choices, educational pursuits, and potential ventures in both countries.
1. Cost of Living
According to the cost of living, India has an average price of possession of $420, making it 81% less expensive than the United States, where the average cost of living is $2213. In the global rankings of the most expensive countries, India is placed at the 191st position, while the United States holds the 5th rank.
| Category | India | US |
|---|---|---|
| Cost of living of 1 person | $420 | $2213 |
| Cost of living of a family | $1017 | $5003 |
| Food Expenses | $160 | $568 |
| Monthly Salary after-tax | $532 | $4223 |
India has made a significant impact on a global scale, even though it is physically located far away from the United States. Surprisingly, the US has become a sought-after destination for Indians seeking educational and professional opportunities. In 2022 alone, over 133,000 Indian students traveled abroad to pursue their studies, while more than 320,000 highly skilled professionals obtained H-1B visas to contribute their expertise in foreign lands.
It is worth noting that Indian Americans form a prominent community in the United States, comprising 1% of the total population. They play a vital role in the country’s prosperity, shouldering 6% of the tax burden. With a population exceeding 4.8 million, Indian Americans are the second-largest immigrant group in the US, after Mexicans.
To provide valuable insights for individuals considering life choices, educational pursuits, and potential ventures in both countries, Moonpreneur has compared India and America across various dimensions. One such dimension is the cost of living. India has an average cost of living of $420, which is 81% cheaper than the US, where the average cost of living is $2,213. Additionally, India is ranked 191st among the most expensive countries, while the US holds the 5th position.
In a table provided, the cost of living for one person, a family, food expenses, and monthly salary after taxes are compared between India and the US.
Source: moonpreneur.com
Hashtags: #Country #Comparison #India #United #States #America
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