Relocating to US with L1B Visa, Risks?

It is worth the move. Quality of life will improve overall and so will your financial situation. The downside is doing your house chores by yourself but if that doesn't bother you, just go for it. Know that all people in the US, unless they are ultra rich, they too do their chores by themselves; including your fellow Indians. Thank me for helping someone make the move when they ask for your inputs.

Nah, if you factor in the PPP on $120k, thats actually less than 30L.
Whenever relocating abroad consider at least 20-30% hike after factoring the PPP.