China Country Profile - Cost of Living

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Cost of living

Overall, the cost of living is lower than in the west, and it is possible to live quite cheaply depending on your lifestyle. The cost of living is cheaper in western China than in the eastern cities of Beijing, Shanghai, Qingdao and Guangzhou.

Median Monthly Disposable Salary (After Tax) ¥2,495.31

Renting a 1 bedroom apartment in city centre ¥3,002.82 per month

Renting a 1 bedroom apartment outside of centre ¥2,055.50 per month

Price per Square metre to buy an apartment in city centre ¥13,422.94

Price per Square metre to buy an apartment outside of centre ¥8,151.67

Meal at a fast food restaurant ¥24.13

Loaf of bread ¥7.43

Litre of milk ¥9.30

Pint of beer ¥10.00

Small bottle of water ¥2

Can of coke/soft drink ¥2.20

Chinese spirits ¥7 per litre

City bus ticket ¥2.45

Cinema ticket ¥60.00

Academic salaries relative to purchasing power

Overall Average Monthly Salary Figure (WB PPP$)

Overall Average Monthly Salary Figure (WB PPP$)

Overall Average Monthly Salaries Compared to GDP per Capita per Month (WB PPP$)

Overall Average Monthly Salaries Compared to GDP per Capita per Month (WB PPP$)

The average salaries in China are relatively low compared to the UK, however when you take into consideration the relative purchasing power you can see that working in China could provide you with a higher standard of living.

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