Because at the moment these are the only cities with enough data to calculate a ârealâ average. Let’s say, therefore that the starting point is 4,500 Yuan a month in Beijing or Shanghai. If you continue to use this site we will assume that you are happy with it. This is normally managed by your employer. Our master’s and PhD degree programs span a variety of disciplines, yet also come together to define us as one community. Persons that work in banking, for example, earn around RMB 36,100 (USD 5,157) per month, which is considered high. Persons working as clinical pharmacists, on the other hand, earns around RMB 32,166 (USD 4,595) on average per month. We also see this trend in Hong Kong where increasingly more foreigners take up local positions. We use cookies to ensure that we give you the best experience on our website. The rates are issued by Chinaâs State Administration of Taxation (SAT): However, foreigners can also enjoy a monthly standard deduction of RMB 5,000. Clearly you should add expenses for entertainment (travel, dining out, alcohol, cigarettes, some tea), clothes, health insurance, visas, international flights, and unforeseen expenses. Our intention is to gather data on the cost of living – and salaries – of all large Chinese cities. Living costs are fairly low in Chengdu, at least compared to the other big cities. According to our data, you shouldn’t spend more than 400-600 Yuan a month. The cost of living in China depends on the city in which you live (Beijing and Shanghai, for example, are much more expensive than secondary cities such as Chengdu or Kunming, which in turn are more expensive than smaller cities and countryside) and your lifestyle (if you like drinking whiskey and cola in the elegant bars of Shanghai … Human Resources (HR) Manager. Living in Canada can be a life-changing experience. All of our graduate programs are jointly offered with other NYU schools and departments based in New York City. Shandong University Campus. Yet, bear in mind that salaries differ much according to professions. Below I have listed the biggest and most popular cities in China, where most foreigners move to take up local positions. Thus, we can say that China has become more internationalized from a taxation point of view. Besides, along with development and as the local workforce gets more skilled, we see a smaller demand for high-paid expats compared to a decade ago. , MS in Data Analytics and Business Computing, Courant Institute of Mathematical Sciences, Institute for the Study of the Ancient World, Life Beyond Century Avenue: Class of 2020, Life Beyond Century Avenue: Class of 2019, Life Beyond Century Avenue: Class of 2018, Life Beyond Century Avenue, Class of 2017, Jointly offered with the NYU Stern School of Business, Apply to: Graduate Admissions Office at NYU Shanghai, Deadlines: October 15, December 15 and January 31, Jointly offered with the NYU Tisch School of the Arts, Format: Hybrid of online coursework and in-person global residencies, Apply to: Graduate Admissions Office at NYU Tisch, Jointly offered with the NYU Silver School of Social Work, Format: Full-time and part-time pathways available, Apply to: MSW Admissions Office at NYU Silver, Deadlines: January 8, February 12 and March 12, Jointly offered with the NYU Steinhardt School of Culture, Education, and Human Development, Format: Part-time for working professionals, Apply to: Graduate Admissions Office at NYU Steinhardt, Jointly offered with the NYU Graduate School of Arts and Science and NYU Department of Biology, Apply to: Graduate Enrollment Services at NYU GSAS, Jointly offered with the NYU Graduate School of Arts and Science and NYU Department of Chemistry, Two pathways: Study with the NYU Graduate School of Arts and Science or with the NYU Tandon School of Engineering, Apply to: Graduate Enrollment Services at NYU GSAS or Graduate Admissions at NYU Tandon, Deadlines: December 12 for NYU GSAS and December 1 for NYU Tandon, Jointly offered with the NYU Graduate School of Arts and Science and NYU Center for Data Science, Jointly offered with the NYU Tandon School of Engineering and NYU Department of Electrical and Computer Engineering, Apply to: Graduate Admissions at NYU Tandon, Jointly offered with the NYU Graduate School of Arts and Science and NYU Courant Institute of Mathematical Sciences, Apply to: Graduate Enrollment Services at NYU GSAS, Jointly offered with the NYU Graduate School of Arts and Science and NYU Center for Neural Science, Jointly offered with the NYU Graduate School of Arts and Science and NYU Department of Physics, Jointly offered with the NYU Graduate School of Arts and Science and NYU Department of Sociology, Jointly offered with the NYU Tandon School of Engineering and NYU Department of Civil and Urban Engineering. Salaries have risen much in China in the past years and many foreigners donât necessarily need to wait for their companies to offer them lucrative expat-contracts. What is the average monthly salary in China? You’ll also have to pay for electricity, water gas and internet. International students at UD are idea giants. Pick your favorite type of accomodation. Besides, you need to file a tax return if meet any of the following conditions: On January 1st, 2019, China issued the individual income tax (IIT) law which impacted foreign workers. Graduating to Greatness. If you think this could affect you, I suggest you contact an accountant. The lowest salaries start from RMB 20,400 (USD 2,914) and reach up to RMB 66,800 (USD 9,542). Lunch or dinner can cost from 10 RMB to thousands. People are not used to leaving tips. As mentioned, you simply have to leave the country for 30 days within 6 years to avoid taxation on your worldwide income. Worth mentioning is that rents are significantly high in Shanghai as well and companies reimburse expats for rents most of the time. To get deeper into this subject, I recommend you read the section of this article âMonthly costs (profiles)â. The cost of living in China depends on the city in which you live (Beijing and Shanghai, for example, are much more expensive than secondary cities such as Chengdu or Kunming, which in turn are more expensive than smaller cities and countryside) and your lifestyle (if you like drinking whiskey and cola in the elegant bars of Shanghai and buy extra virgin olive oil at the City Shop you will spend more than those who shop at Perry’s – a bar for students on Huai Hai Road where a bottle of Tsingdao beer will cost you 10 Yuan – and those who only eat Chinese food). As such, donât be surprised if you can land a job that pays you equally as much as in Shanghai. The exercise, which came to light as schools were forced to close, is likely to have incurred much higher costs than shipping the devices … In any event, it is still optional. Having said that, Chengdu is one of the fastest-growing cities in China and we see a greater demand for foreigners and expats. Living in the most modern cities such as Beijing and Shanghai is almost twice as expensive as living in smaller cities such as Qingdao, Dalian or Jinan. That was more than twice as much globally and higher than cities like Singapore, Hong Kong, and Tokyo. January 23, 2020 by Sapore di Cina 41 Comments. [Cover Photo’s Copyright: Depositphotos.com], Filed Under: Live in China Tagged With: Travel in China. Get the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more Graduates include the founder of China’s first social-media network, innovators in touch-screen technology and the 47th vice president of the United States, Joe Biden. Our cheap essay writing service has already gained a … At the moment itâs Shanghai, even though. Why do you only offer the cost of living in four cities? The personal income tax is comparably low in China by European standards and increases progressively. For certain programs, students will apply to the NYU partner school while for others, students … The first profile, which we have called “the Prude”, is the one that tries to save money in all possible ways: he has a room rented in a shared apartment far from the city center, uses only public transport, rarely frequents clubs, and instead of eating in restaurants cooks at home. According to Numbeo, local salaries average at around RMB 5,567 (around USD 800), which seems reasonable. If however, you want to eat meat and fish regularly and visit elegant restaurants, prices rice quickly. The previous term was one year and China has, therefore, cut the time in half. For full-time students (students taking 12 to 18 credits) tuition will be offered at a flat rate during the Fall and Spring semesters. If you live in China, click here to fill out the questionnaire and help us to better our estimation of prices in the city of your residence. In general, 100 Yuan a month should be enough (also counting the internet) but it depends on your use. The third profile, the so-called “Party animal”, is someone who doesn’t care about expenses: he lives in a studio in the center of the city, without roommates to break his balls, gets around exclusively by taxi, goes out often, eats almost only in “expat” restaurants, indulges in two massages a week, etc. Shanghai Government 2021-2022 Scholarships for Bachelors, Masters and PhD International Students This scholarship, provided by Shanghai government for international students studying in Shanghai, is in two types: A, B. 2. More expensive cities included Hong Kong (1), Singapore (4), Shanghai (7), New York (13), London (19), Sydney (29), Los Angeles (35), and Melbourne (58) - showing that in comparison, New Zealand’s major metropolitan areas are more affordable than those in other countries. RMB 384,000, Project Manager, (Unspecified Type / General) RMB 234,000, Youâve earned money in China but where taxes were not withheld, Foreigners working in China for more than 6 months (183 days) are treated as regular residents for tax purposes and have to declare their worldwide income in China, Foreigners can resolve this issue by leaving China for 30 days every 6th year. How much money do I have to earn to have a decent standard of living in China? This can go from 5 Kg of rice for the Spring Festival up to total reimbursement for rent, transportation within the interior of the country (even taxis), health insurance, visas and an international flight a year. Click Here to Try the Travel Cost Calculator for Free, Price tables for the largest Chinese cities, Monthly expenses (according to your profile), Salaries in China and minimum wages for foreigners, Salary differences between Chinese cities. Expect to pay at least 2,500-3,500 Yuan a month for a room in a shared apartment in Beijing or Shanghai (at least if you don’t want to live in the deep peripheries). In the tourism sector, because people are in contact with international travelers, itâs possible that people will expect a tip as a way of thanking them for the service provided. Our student outcomes prove it. Thus, salaries are lower there as well. Letâs start and review the salaries in Shanghai. A meal could cost you only 10-15 Yuan for a plate of jiaozi (ravioli) or of lamian (noodles). This is a very common question but itâs also very difficult to answer since it not only depends on the city in which youâre living but also your habits. When we have enough information we’ll be able to publish statistics not only on the cost of living in various Chinese cities, but also in the quality of life (economically speaking, or rather the relationship between expenses and salaries for the most common trades among expatriates). The cost of living changes quite a bit depending on the city, and China does not have a minimum wage established for the entire country. 2016 Cost of Living Survey | Mercer Worldwide, dormitories are often single sex, … According to the information on Expatistan.com, the cost of living in Shanghai is 5% lower than that of Rome, 6% higher than Madrid, 45% lower than London, 41% lower than New York, 26% lower than Los Angeles, 45% more expensive than Bangkok and 77% more expensive than Hanoi. You can check our About Us page to learn more. It is a nation that boasts beautiful countryside that is interspersed with modern cities. Rents have increased much in Shenzhen over the years, even if itâs still cheaper than places like Shanghai and Beijing. That said, you can, of course, earn more than this. You’ll also need a cell phone. As of 2017, Shanghai had some of the highest expat-salaries in the world, averaging at around USD 202,200. The price of a combo with a hamburger, fries, a drink and fried chicken costs around 40 Yuan (6 USD). NYU Shanghai welcomes your interest in graduate study. Prices are reasonable and you can get by comfortably with a low salary. It is a popular living location with people who are looking to bask in natural beauty whilst enjoying all the modern conveniences that are found in the Western world. Tuition for students enrolled part-time or taking classes during Summer or January Term can be calculated by taking the number of credits/units you want to enroll in and multiplying it by the price per unit. It depends on your diet. The expenses are for the entire apartment so if you live with others you should pay just a portion. In the table below we’ve listed expenses for three profiles that, even if they’re imaginary, reflect an accurate enough representation of three different lifestyles. Note that the data considers only the costs, not salaries. Shandong University comprises 8 campuses (Jinan Central Campus, Hongjialou Campus, Baotuquan Campus, Qianfoshan Campus, Software Park Campus, Xinglongshan Campus, Qingdao Campus and Weihai Campus) in three different cities (Jinan, Qingdao and Weihai), covering an area of over 533 hectares (including 200 hectares of the … It depends on where you choose to eat. How do you gather and work out the data of the cost of living in Chinese cities? Cost of living in China – General reflections. The second profile, which we’ve called the “Average expat”, is one who concedes a few “luxuries” without going to extremes. Copyright Sapore di Cina | Disclosure | Privacy & Cookies Policy | Terms and Conditions, Get Our Free Checklists to Travel in Asia, Download the practical step-by-step checklists to prepare your trip for China, Hong Kong, Singapore, Taiwan, Thailand, or Vietnam. 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