Salary Information
Equivalent Salary in Target Country
£49,200
After PPP adjustment and currency conversion
| Metric | Value |
|---|---|
| PPP Conversion Factor | 0.82 |
| Currency Exchange Rate | 1.22 |
| Cost of Living Index | 72.5 |
| Tax Difference | -5.2% |
| Purchasing Power | +18% |
Monthly Breakdown
Equivalent Monthly Salary: £4,100
Equivalent Weekly Salary: £946
Equivalent Daily Salary: £189
Equivalent Hourly Salary (40h/week): £23.65
Cost of Living Comparison
Rent: -28% cheaper
Groceries: -15% cheaper
Restaurants: -22% cheaper
Transportation: -10% cheaper
Potential Savings
With equivalent lifestyle:
£8,640/year
Which is approximately 14.4% of your current salary
The PPP Salary Calculator helps you compare your income with other countries by using the concept of Purchasing Power Parity (PPP). It shows how much your salary is worth in another country based on cost of living differences.
What is Purchasing Power Parity (PPP)?
PPP is a way to compare the cost of goods and services in different countries. Instead of just looking at exchange rates, it adjusts the value of money based on what you can actually buy in each place. This helps in understanding true income value when living or working abroad.
How the PPP Salary Calculator Works
This tool takes your current salary and country, and compares it with another country's PPP index. It then shows your "equivalent salary" — how much you'd need to earn in the other country to maintain the same lifestyle.
Formula Used
Adjusted Salary = (Current Salary × PPP of Your Country) / PPP of Other Country
This formula helps give a better picture of how far your money would go elsewhere.
Example:
Imagine you earn ₹10,00,000 in India, and you want to know what that’s worth in the USA. If India's PPP index is 20 and the USA's is 100, then:
Adjusted Salary = (10,00,000 × 20) / 100 = ₹2,00,000
This means you’d need ₹2,00,000 in the US to have the same purchasing power as ₹10,00,000 in India.
Why Use This Calculator?
This calculator is useful when:
1. Planning to move to another country
2. Comparing job offers across countries
3. Understanding real value of salaries globally
4. Making fair remote work payments
Things to Consider
PPP data changes over time based on inflation and economic factors. Also, lifestyle choices can impact your actual cost of living, so use this tool as a guide, not a final answer.
Who Can Use It?
This tool is great for:
1. Expats and students planning to study abroad
2. Employers offering remote jobs
3. Freelancers working with international clients
4. Anyone curious about global income differences
Conclusion
The PPP Salary Calculator is a simple and smart tool to understand how much your salary is really worth in another country. Whether you are moving abroad or comparing job offers, this tool gives you clarity about your true earning power.