How expensive (or cheap) is China?

Discussion in 'General Chat' started by sachin410, Jul 23, 2009.

  1. #1
    I see a lot of threads about cost of living in India.

    I wonder how expensive is China compared to India and rest of the world.

    Any idea?

    (more interested in cost of basics - food, rent, transportation, internet etc).
     
    sachin410, Jul 23, 2009 IP
  2. SonnyCooL

    SonnyCooL Peon

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    #2
    depend which part of china ...
    SOme still make 1 dollar perday but some make thousand per hour :)
     
    SonnyCooL, Jul 23, 2009 IP
  3. mdvasanth86

    mdvasanth86 Notable Member

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    #3
    Must be cheap!
    Its a commi-nation.
     
    mdvasanth86, Jul 23, 2009 IP
  4. Moses8595

    Moses8595 Peon

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    #4
    Okey.I am live in PuDong,Shanghai,China...
    In this city,A Chinese meal usually cost around 10~15 Chinese yuan,The Taxi 11 yuan for the first 3 kilometres..2,300 Chinese yuan/month for rent...
    The price is very high...:(
    How about ur country?
     
    Moses8595, Jul 23, 2009 IP
  5. sachin410

    sachin410 Illustrious Member

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    #5
    2300 yuan would be little over $300 a month...isn't it?

    is that a flat?
    how many rooms?
    how far from main commercial districts in Shanghai?
     
    sachin410, Jul 23, 2009 IP
  6. erase

    erase Member

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    #6
    I've been in Hong Kong once and i remember it was pretty cheap compared to singapore. Thats 2 years ago.
    Singapore is soo expensive!
     
    erase, Jul 23, 2009 IP
  7. Moses8595

    Moses8595 Peon

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    #7
    1 USD = 6.81 Chinese yuan....

    2 bedroom house with 1 drawing room,bathroom(too small).At most 35 square metres..

    Do you know Expo Shanghai 2010? Expo Shanghai 2010 is not far from here.
     
    Moses8595, Jul 23, 2009 IP
  8. cricketer

    cricketer Banned

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    #8
    Now It Depends In Which Part Of China U Stay, If U Stay In Hong Kong It Will Be Costly Affair.
     
    cricketer, Jul 23, 2009 IP
  9. Dawran1

    Dawran1 Guest

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    #9
    Depends if you live in the City or countryside i think
     
    Dawran1, Jul 23, 2009 IP
  10. bhuvasona

    bhuvasona Guest

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    #10
    china gonna sell human clones for 10$ frm next year ......... who knows lol
     
    bhuvasona, Jul 23, 2009 IP
  11. HR_MBA

    HR_MBA Active Member

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    #11
    China is fantastic.

    I have just returned from a 5-month long business trip, and I loved it!

    Everything is cheap, especially for a Westerner. If you're an American the exchange rate is about 6.5 or 7 Yuan to US$1, so you'll be finding everything is ridiculously cheap. Some examples:

    Bottle of water: 1 Yuan
    Bottle of coke: 3 Yuan
    Dinner (one dish + rice): 8-15 Yuan (depending where you go of course)
    T-shirt: 80-100 Yuan
    Haircut: 10 Yuan
    Beijing subway: 2 Yuan to go anywhere
    Bus: Under 10 Yuan depending on destination

    You can do the math, but it is very, very affordable. I plan on returning in the near future, since I enjoyed it so much. Just a couple of things you should know before you go:

    1) Learn some Chinese, especially numbers and important phrases. You will need it.
    2) Bargain, especially at markets. NEVER pay the first price, at least 50% less or more.
    3) Enjoy being a celebrity! Especially if you have fair skin, blonde hair or just look like a Westerner! Many Chinese, especially in smaller provinces rarely see foreigners (laowai, or wai-guoren as you may be called), and you'll probably hear a "Hello" or "Hi!" being shouted to you from across the street! Smile, say hello and don't be scared to take photos if locals ask you for one. They are just curious.

    Great place, I'd recommend it to anyone,
     
    HR_MBA, Jul 23, 2009 IP
    sachin410 likes this.
  12. sachin410

    sachin410 Illustrious Member

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    #12
    this is exactly the kind of feedback I was looking for...:).

    1 Yuan is roughly 7 INR.

    thus the above in INR would be.....

    Bottle of water: 7 INR.
    Bottle of coke: 21 INR.
    Dinner (one dish + rice): 56-105 INR (depending where you go of course)
    T-shirt: 560-700 INR.
    Haircut: 70 INR.
    Beijing subway: 14 INR to go anywhere
    Bus: Under 70 INR depending on destination

    seems almost same as in India...in fact,for certain items/services, India is slightly cheaper.

    e.g. 500-700 INR for a t-shirt seems to be a bit high to me.
     
    sachin410, Jul 23, 2009 IP
  13. narendra007

    narendra007 Peon

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    #13
    china sells duplicate products while india sells average and good products.
     
    narendra007, Jul 23, 2009 IP
  14. orton9211

    orton9211 Peon

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    #14
    China do not sell expensive but sells cheap things.
     
    orton9211, Jul 23, 2009 IP
  15. HR_MBA

    HR_MBA Active Member

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    #15
    Again, it really depends where you are shopping and what you are buying. If you go to Beijing and visit the Silk Street markets, which are targeted at tourists, you will probably pay too much or get overcharged. If you visit markets or shops where there are very few foreigners and tourists, you will probably have to bargain less and get a reasonable price up-front.

    The best thing to do is try and gather a bit of US currency, maybe a few thousand if you can, and living off that in China as a tourist should do you fine.
     
    HR_MBA, Jul 23, 2009 IP
  16. Moses8595

    Moses8595 Peon

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    #16
    I don't think so..You also can buy good products,As long a you have enough money
     
    Moses8595, Jul 23, 2009 IP
  17. grigson

    grigson Peon

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    #17
    It depends on which part of China you are hope to staying.
     
    grigson, Jul 24, 2009 IP
  18. SonnyCooL

    SonnyCooL Peon

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    #18
    product depend on what u pay ... u pay peanut, u get monkey :)
     
    SonnyCooL, Jul 24, 2009 IP
  19. SunHunter

    SunHunter Well-Known Member

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    #19
    How much would it cost per night at a 5 star hotel? How much would a new car (those small ones!) cost? My brother-in-law went to Hong Kong in the 80's on business and he described it as the hooker capitol of the world, lol.
     
    SunHunter, Jul 24, 2009 IP