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Currency and Cost of Living

India - Currency and Cost of Living

Indian currency is INR commonly also called Rupees. INR is available in currency notes of Re 1, Rs. 5, 10, 20, 50, 100, 500 and 1000. Currency coins are available for Re 1, Rs. 2 and 5.

The cost of living depends on the city where one stays. While the cost is nominal in smaller towns and cities, it is higher in bigger cities and metros. The cost of a product also varies depending on whether it is an industrial town or not.

The cost of daily items of groceries in the Indian capital New Delhi is compared with US dollar and UK Pound and European Euro. These costs may vary on day-to-day basis depending on the currency variations.

The cost of most of the grocery items is within the reach of almost all classes of society. A kilo of tomatoes or most vegetables cost approximately USD 0.28, a loaf of bread comes for about USD 0.23, Half-kilogram butter for USD 1.28, 10 eggs for USD 0.50, a pack of cigarettes for USD 0.69.

One can go out and have a cafe meal for USD 2.3 and a restaurant meal for USD 6.9; a chilled beer can costs about USD 1.5

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