[jnbiche]

An exchange rate will tell you absolutely zero about one currencies relative worth to another. By your logic, someone in Japan, whose currency trades about 100 to 1 USD, would have about the same buying power as you per USD, when in fact, assuming you're both earning the same in USD, you would almost certainly have much, much more purchasing power.

To accurately compare purchasing power among currencies, you need to use a metric like Purchase Power Parity (PPP): http://en.wikipedia.org/wiki/Purchasing_power_parity

[khalidmbajwa]

You are probably right but i was just trying to give a ballpark estimate of how good is a 5K USD income in pakistan.The conversion rate is a fair if not a perfect gauge.I can sustain a full family of 5 with an excellent lifestyle in about 2K here in Pakistan so its a very decent amount.