Socioeconomic status (SES) is a critical measure that helps to correlate well-being and social status. SES plays a significant role in determining an individual’s quality of life, health, social position, and class. The widely accepted SES scales are the Kuppuswamy scale, BG Prasad scale, and Udai Pareekh scale. The income range is revised by using an online dedicated tool for this purpose. The scale is based on the income domain to decide the SES, which needs to be revised regularly based on the Consumer Price Index for Industrial Workers (CPI-IW). The study is the revised income range of the Kuppuswamy scale and BG Prasad scale as per the CPI-IW January 2021. However, all three scales have a few limitations and are not applicable to both the rural and urban areas at the same time.