What is the cost of living in china?

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What is the cost of living in china?

 WHAT IS THE COST OF LIVING IN CHINA?

 

For businessmen, tourists or foreign student who found themselves in China, cost of living strictly depends on the kind of lifestyle one wish to live although it is very possible to curtail for daily expenses based on ones’ kind of lavish lifestyle and how far one wish to reverse the way their living cost back home. Expat must realize and analyze the kind of western lifestyle which comes at price and be able to evaluate the level of comfort, research the associated cost of living and carefully negotiate the contract accordingly.

 

Western brands in China are very expensive compare to the prices back home. Unlike local products and services which are relatively cheap. Also, comparing cost living in Urban areas is way expensive to Rural Areas.

 

When it comes to transportation usually big cities such as Beijing, Shanghai, Guangzhou is significantly expensive compare to small cities. City based universities mostly have higher tuition fees compared to universities in rural areas, same applied to accommodation, food and so on. Although cost of living varies by cities in China, below is the cost of living for 2016 based on Guangzhou Which you can take as an example to weigh your options.

 

Restaurants

Meal, inexpensive restaurant                                                                           25.00RMB

Meal for two people, mid-range restaurant,3 course                                  120.00RMB

Mcmeal at McDonalds                                                                                       30.00 RMB

Imported beer(11.2 OZ small bottle)                                                              15.00 RMB

Domestic beer(1-pint draught)                                               6.00RMB

Coke/Pepsi (11.2 OZ small bottle)                       3.19RMB

Water (11.2 OZ small bottle)                                                                             2.25RMB

 

Market

milk (regular) (1 gallon)                                                                                           41.64RMB

Loaf of fresh white bread (1lb)                                                                               8.62RMB

Rice (white) (1lb)                                                                                                       4.75RMB

chicken breast (boneless) (1lb)                                                                               9.25RMB

Apple (1lb)                                                                                                                  4.54RMB

Tomato (1lb)                                                                                                               3.93RMB

Potato (1lb)                                                                                                                 3.63RMB

 

Transport

One way ticket (local transport)                                                                            2.00RMB

Monthly pass (regular price)                                                                                  300.00RMB

Taxi start (normal tariff)                                                                                          10.00RMB

Taxi 1 mile  (normal tariff).                                                                                     4.18RMB

  

Rent Per Month           

Apartment (1 bedroom) inside city center                                                3,947.33RMB

Apartment (1 bedroom) outside city center                                             2,400.00RMB

Apartment (3 bedroom) inside city center                                                8,562.50RMB

Apartment (3 bedroom) outside city center                                             4,466.67RMB

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