economics personal finances

global salaries & expenses: India

Salary of a 21 yr-old bellhop at the Shangri-La hotel: $274/month
Cost of one night at the Shangri-La hotel: from $255
Average annual salary in India: $1,000
Cell phone service: $2/month
One liter of milk: $0.40
Loaf of bread: $0.20
Cost of a 2-yr MBA program: $6,000 to $10,000

(All amounts in US dollars)

Source: Condé Nast Traveler, Sept 2009