3 ms·

I literally used the multiplier here: https://data.oecd.org/conversion/purchasing-power-parities-ppp.htm https://data.oecd.org/conversion/purchasing-power-parit

by NTDF9 7y ago

I literally used the multiplier here: https://data.oecd.org/conversion/purchasing-power-parities-ppp.htm https://data.oecd.org/conversion/purchasing-power-parities-p... As shocking as it sounds, PPP multiple is really 18x

h43k3r 7y ago
If you compare just the house rents in all the major Indian metros then PPP is around 4 5.
- NTDF9 7y ago
  Then compare it with major US metros only and not entire US. The multiplier again becomes 18x
aatharuv 7y ago
That's not the PPP multiple -- that's the PPP exchange rate. From the chart you stated. Total, National currency units/US dollar, 2000 – 2018 I.e, in PPP terms 18 Rupees is one US Dollar. In real terms, about 70 Rupees is one US dollar, given a PPP multiplier of slightly under 4 at current nominal exchange rates.