New Delhi, May 7 -- Are you looking to relocate? Wait, you must understand several fundamentals before you take the final call. Understanding the cost-of-living index and its key aspects is vital for anyone who wishes to compare lifestyles, salaries, or relocation opportunities across the globe.

Furthermore, when it comes to India vs the United States, the gap is not just noticeable, it is substantial. From day-to-day living to housing and healthcare, the difference shapes how far your current income can take you.

To put it simply, the cost of living index measures how financially draining, i.e., expensive, it is to sustain a certain standard of living in one location compared to another. This metric generally includes costs for housing...