Kanthaswamy Balasubramaniam
This may come as a surprise to you but
The Wealthier a country is - the more Items it has in its “Essentials Basket”
This means in Wealthier Countries - Items are so affordable that they are classified as Essentials which are classified as Luxuries in Poorer Countries.
Take for Example a Car
In US a Standard Car can be purchased with 6 Months Median Professional Income
In India a Standard Car can be purchased with Minimum 30 Months Median Professional Income
In Canada a standard House can be purchased with 5.5 Years of Median Income
In India a Standard House can be purchased with 16 years of Median Income
In India you have a Lot of Govt Expenditure to offset which you have to charge a lot of taxes causing a Manufactured Product costing Rs. 96,000/- to sell for Rs. 4,71,000/- retail and on road.
This is 500%
In US the figure is 124%
In China the figure is 330%
Even in the Prosperous China - The Costs are more expensive when compared the USA.

这可能会让你感到惊讶,但
一个国家越富裕,其“必需品篮子”中的物品就需要越多
这意味着在富裕国家-物品价格实惠,被归类为必需品,在贫穷国家被归类为奢侈品。
以汽车为例
在美国,一辆普通汽车可以用6个月的工资收入购买(以社会工资中位数计算)
在印度,最低需要30个月的工资才能购买同样的汽车(以社会工资中位数计算)
在加拿大,中等收入者可以用5.5年的购买标准住房
在印度,中等收入者需要用16年的收入才能购买
在印度,我们有大量的政府支出需要支付,所以他们必须收取大量税款,导致成本为9600卢比的制成品在零售市场上的售价为4.71万卢比。
这是500%的增幅。
在美国,这一数字为124%
在中国,这一数字为330%
即使在繁荣的中国,与美国相比,价格也更贵。

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