QuaintBeef37

What is the income category for an individual in lower ,middle, upper middle, rich clqss

Below 1 lpa : :((( 2-4 — Lower middle class 4- 8 —- Middle class 9-15 —- upper middle class 15+ upper class

What would you guys categorise?

20mo ago

BiryaniEnthu

Stealth20mo

15 and you still can't afford a house. Not upper class bro 15 a month, probably then

cryonim

Stealth20mo

😂 I don't think when >99% of the population don't earn >10L, 15L should be considered less than upper class.

cryonim

Stealth20mo

On the earning scale atleast, i guess if you were to base the class on purchase power it'd make sense to hold maybe 30LPA as upper class. It's considering the whole country, even cheap cities like xyz city in UP. And for the whole of India, which includes people living in said xyz city.

Based1776

Remote20mo

0-12 LPA — poor 12-80 LPA — middle class 80-200 — upper middle class 200 LPA and beyond is rich

potatomato

Fintech Startup20mo

Upper class is when you don’t take “a salary” but just go to the bank to borrow a few hundred crores for a thing

ThickSocks98

Stealth20mo

What people miss here is background. My friends who earn half as me can maintain a class/spend which is twice of my spending. Reason, I have to work on basics first, home renovation for parents place or parents health costs. Whereas his responsibilities ends with earning for his luxuries.

Equal earning is not equal life standards.