How much do Indians spend on clothing?

Around half of all Indians spend ₹500 to ₹2,500 on clothes each month. 46\% of full-time workers spend over ₹1,500 per month on clothes, for part-time workers this is 18\%. 21\% of Indian women spend more than ₹3,000 per year on new footwear compared to 16\% of Indian men.

How much does an average Indian spend a month?

Family of four estimated monthly costs are 1,103$ (83,100₹) without rent. A single person estimated monthly costs are 316$ (23,804₹) without rent. Cost of living in India is, on average, 65.69\% lower than in United States.

What is a reasonable monthly budget for clothing?

Most financial experts recommend spending no more than 5\% of your monthly take-home pay on clothing. Depending on your salary and spending habits, that percentage may seem like too little or too much.

How much money do Indians live on a day?

Recent news reports about the Congress Party’s election victory note that two-thirds of Indians live on less than $2 per day.

How much does the average man spend on clothing?

How much does the average man spend on clothing per year? Men aged 16 and over spend an average of $323 per year on clothing. Surprisingly, the men spending the most are between 45-54 years old. They spend $121 more per year than men aged 35-44.

Is mens clothing more expensive?

Men’s clothing might cost more because most of the fast-fashion brands that enable cheap shopping at high volumes primarily cater to women. Thus, there are few cheap outlets for menswear, and fewer retailers in general, which enables each to charge higher prices. There’s also the matter of workwear standards.

Is it bad to spend money on clothes?

People either spend a lot of money on clothes or as little as possible on cheap clothing. Quality clothes, while usually more expensive, are worth the investment. They not only last longer, but they also can make you feel better.

How much do Indians spend on buying clothes in 2018?

New Delhi: Indians spent ₹ 5,408 billion on buying clothes in 2018, a jump from the ₹ 1,924 billion they spent in 2010, as higher disposable incomes, greater migration to large cities, and brands opening up in non metros helped more people access branded clothing.

How much does clothing cost?

Read our report to learn the surprising statistics of clothing expenditures throughout the U.S. How much does the average adult spend on apparel and services per month? The average adult aged 25-34 spends $161 per month on clothing. Adults aged 35-44, however, spend slightly more, at $209 per month.

How much does the average adult spend on apparel and services?

How much does the average adult spend on apparel and services per month? The average adult aged 25-34 spends $161 per month on clothing. Adults aged 35-44, however, spend slightly more, at $209 per month. This makes sense since the mean income for adults aged 35-44 is 26\% higher than adults aged 25-34.

How much do rural Indians spend on food per month?

BANGALORE: On an average, each rural Indian spends about Rs 1,430 every month, while an urbanite spends Rs 2,630 per month, 84\% higher compared to a rural person. For the average rural Indian, the expenditure on food (Rs 756 or 52.9\%) is more than the non-food (Rs 673). In case of urbanites, it is the opposite.