Price of the product divided by the weighted net hourly wage in 15 professions.
| 1 kg of rice (minutes) | 1 iPhone 4S 16GB (hours) | 1 Big Mac hamburger (minutes) | |
| New York | 6 | 28 | 10 |
| Los Angeles | 6 | 33 | 11 |
| Chicago | 9 | 32 | 11 |
| Shanghai | 9 | 142 | 29 |
| Hong Kong | 10 | 53 | 10 |
| Beijing | 16 | 184 | 34 |
| Mumbai | 31 | 338 | 56 |
| Delhi | 40 | 370 | 65 |
According to UBS Price and Earnings page 11
Last updated: October 26th, 2022
Amritt Inc. is a management advisory service facilitating trade between the world and India. Amritt was founded in 2003 and since then it has provided guidance to western companies in entering new markets, global strategy execution, finding and managing supplier partners, and establishing overseas offices. Our primary focus is in helping American, Canadian and European executives to attain success in India.
