What is India's average income?
India's average income varies significantly by factor, but recent estimates
place the annual average at approximately ₹2,40,468 to ₹1,80,000, with a
national monthly average of around ₹15,000 to ₹20,000. While official statistics
are used for this figure, other sources show the average monthly salary in urban
areas is higher, at about ₹21,647, and note that income is heavily influenced by
location, education, and job type
Average annual income
Estimated average: Around ₹1,80,000 per year, or ₹15,000–₹20,000 per month, according to Paytm.
Another estimate: Around ₹2,40,468 per year, reports Coursera.
Average monthly salary
National average: ₹15,000–₹20,000.
Urban average: ₹21,647, according to Business Standard.
By location (approximate):
Metro Cities: ₹40,000–₹80,000
Tier-2 Cities: ₹30,000–₹50,000
Tier-3 Cities: ₹25,000–₹35,000
Important factors that influence average income
Location: Income is generally higher in metro and tier-1 cities compared to tier-2 and tier-3 cities, as noted by www.shine.com and IndiaConnected.
Education: A higher level of education correlates with higher earnings, with doctorate degree holders earning an average salary of over ₹2,750,000 per year.
Job role and industry: Salaries vary widely depending on your profession and sector. For example, regular salaried workers earn more than casual or self-employed workers, according to the