Living Wage Family in India increased to 19400 INR/Month in 2018 from 19200 INR/Month in 2017.

Living Wage Family in India averaged 19300 INR/Month from 2015 until 2018, reaching an all time high of 19400 INR/Month in 2018 and a record low of 19200 INR/Month in 2017. India Living Wage Family - values, historical data and charts - was last updated on October of 2020.

Living Wage Family in India is expected to reach 19800.00 INR/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Living Wage Family is projected to trend around 20000.00 INR/Month in 2021, according to our econometric models.

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India Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
19400.00 19200.00 19400.00 19200.00 2015 - 2018 INR/Month yearly

India Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.70 8.40 23.50 6.70 percent [+]
Labor Force Participation Rate 49.80 50.40 63.70 49.80 percent [+]
Population 1312.24 1298.04 1312.24 359.00 Million [+]
Retirement Age Women 60.00 60.00 60.00 60.00 [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Youth Unemployment Rate 23.70 23.10 23.70 22.90 percent [+]
Minimum Wages 178.00 178.00 178.00 35.00 INR/Day [+]
Employment Rate 46.80 47.80 50.80 46.80 percent [+]


India Living Wage Family
WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.