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I would vote for 200k CAD Toronto.. You will easily end up getting 10k monthly post tax figure.. Even if you live lavishly, you can still try & save 3 to 4 k monthly, which makes it around INR 1.8 l to 2.4 l.. Indian salary would fetch you nearly 3 l monthly.. I cant comment on the expense side as I am not sure of your expenses & which city you live in.. Toronto would get you a PR & citizenship route as well in few years