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How much a solution manager in a services company be earning in Toronto to maintain a healthy lifestyle and be able to save as well?
Getting an offer of 135k against 26 lpa (existing ctc in IN) for 8 yoe.
Any inputs would be helpful. Thank you!!
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From my personal experience, CAD 80K package may not be sufficient in Canada. You won't be able to save much with current inflation. +occasionally travel to India will be costly. You need at least CAD 130K package to match INR 25 Lac package of India to break even by the PPP calculator https://www.chrislross.com/PPPConverter/
Gonna depend on your age, no of dependents and the place of work in Canada
I would prefer 25 L in Gurgaon. Parents home is also fine. House prices in Canada are very high + car for family. 80k is very less to feed a family of four (if there is). A working partner at similar salary will be able to help you live like Indian 25L life probably. Not sure.
Choose India, you have do a lot of household works here, in India you can live a lavish life