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.

Living Wage Family in India is expected to be 18500.00 INR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Living Wage Family is projected to trend around 19800.00 INR/Month in 2020, 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 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.

India Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.50 7.20 8.50 6.70 percent [+]
Labor Force Participation Rate 49.80 50.40 63.70 49.80 percent [+]
Population 1298.04 1283.60 1298.04 359.00 Million [+]
Retirement Age Women 60.00 60.00 60.00 60.00 [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Wages High Skilled 43200.00 46200.00 47300.00 43200.00 INR/Month [+]
Wages Low Skilled 10900.00 11300.00 13500.00 10900.00 INR/Month [+]
Youth Unemployment Rate 23.70 23.10 23.70 22.90 percent [+]
Living Wage Family 19400.00 19200.00 19400.00 19200.00 INR/Month [+]
Living Wage Individual 10300.00 10100.00 10300.00 10100.00 INR/Month [+]
Minimum Wages 176.00 176.00 176.00 137.00 INR/Day [+]
Employment Rate 46.80 47.80 50.80 46.80 percent [+]