How Much I Spend in a Month in Shanghai - China Cost of Living

[@JuntaOne]

As someone who has lived in Shanghai for the past 15 years I can definitely say it is cheap. I am from Australia and it's about 1/2 to live in Shanghai as a comparison. I travel in Asia frequently for work and would say Shanghai is now cheaper than Singapore, HK, All of Japan, All of Taiwan, even BKK and HCMC are more expensive for some things eg. Eating, public transport, taxis, and rent. Yes， if you live Jingan you will pay.....but Minhang, Huangpu, Pudong etc are great value .... especially rent. We rent a great 3b 2b 127 meter apartment in a nice complex fully furnished for 1200usd per month. (And prices are dropping). Here's a quick idea in USD Metro ride = 60c to $1.max A bottle of water =.30c everywhere Taxi 3kms or less = $2 Big bowl of noodles with meat/veg = $4-$5 Big Mac=.$3.5 A pint of beer = $3 - $9 Beer in 711 = $1.5 And the cheapest is supermarket fresh meat n vegetables. Hope this helps

[@larsskjelbred7822]

Very nice video, you manage to live a good life at a very low cost. I lived in Shanghai before and I spent a lot more but it all depends on the lifestyle and food we eat.

[@studyou1016]

very nice detailed breakdown haha (only thing missed out is the location of your apartment) Also a western asian living in shanghai right now Shanghai is really the best city ive been to in the world and I've traveled a lot

[@NiklasHe]

Yeah shanghai is great, very different compared to the west :D The apartment was in Xuhui district, closest metro was 大木桥路, damuqiaolu.

[@tigerija]

Thanks for all the info.

[@ddslayer6]

Thank you for posting this. I've lived in hong kong and would always think shanghai is more expensive / the same but actually it seems like its quite far from it depending how you live!

[@jasonreviews]

still cheaper than LA. rent here is like 2.5k unless you have family friend hook you up with cheap room

[@diegogarcia9426]

Awesome video, great production quality! How friendly is it there for non nationals?

[@NiklasHe]

Thank you. :) People are friendly in that they will not bother you. Some people will look at you a little bit since I would say that at least 99.9% of population in China are Chinese. They will help you if you ask for help but it's not like people will come up and help you if you are struggling. But overall no problem at all if you can take care of yourself!

[@BobbyLoo-jr8ys]

It is a paradise for foreigners making 6 fig USD (but paid in RMB). Taxi and ubers are cheap online shopping and fast food is fast and cheap Can easily earn extra money on the side Can save much more money and retire early compare to the west.

[@NiklasHe]

Yes for sure, if you make 6 fig USD the qulity of life is gonna be be so good.

[@BobbyLoo-jr8ys]

@@NiklasHe I live like a KING, working 8/12 month and getting 12 month FULLY salary, health insurance paid, bonus, house allowance, etc Retirement: 55.

[@andresgarciacastro1783]

Lol Shangai is more expensive than Spain, I pay 3,5 for my telephone, and vegetables and fruit are under 2 (if you buy seasonal).

[@NiklasHe]

Aha no idea it was like that in Spain :)

[@tigerija]

Wow, 4 dolars for 1kg chicken. Super expensive.

[@lifejourney4498]

Hi I’m a student. Can you help me find a cheapest rent?

[@NiklasHe]

Hello, My girlfriend helped me find the apartment and she used an app called ziroom. You will need a Chinese phone number and also be able to speak Chinese. Cant help much sorry.

[@fearless6947]

I think if you rent for 3 months, they will charge more

[@NiklasHe]

Yes definitely, if you pay for example 1 year or longer its gonna be cheaper, which is what most landlords prefer.

[@dalhybunny]

How did you find your apartment it's really very good for only 6000 RMB With water, electricity and wifi included😮😮

[@tigerija]

820 is expensive compared to Balkan Europe area. Huh

[@jwong1546]

How you get free internet though, what vpn you use?

[@LinJiaLim]

are we seeing a decline in salary and high inflation? did food prices increase drastically? e.g. more than 5%? very informative video!

[@NiklasHe]

I think food prices has increased compared to last time I was here (5 years ago), maybe 25%. but compared to the west (Im from Sweden), I think its very affordable. Don't know anything about salary inflation.

[@Andy_TKC]

❤ you

[@traveller2478]

Think Global. Act local. Thanks for Financial Transparancy. Is really important.

[@NiklasHe]

You're Welcome :)

[@villevinh]

Really insightful and thorough breakdown of montly costs in Shanghai!

[@NiklasHe]

Happy to serve

[@besmirmurati2382]

Housing you're lucky... I was there for 10 years and the cheapest 1bdr apt was 8k ( Gao You RD). Also... Clubbing... Didn't calculate? Also clothing (it's not just a hat). Then you have the insurance... Then slightly more dinners out... Then the lunch & breakfast aren't that that cheap neither... So I'd say you'd need around 25-30k (RMB) or around 3-4 k USD to live good... Not luxury but good👍

[@NiklasHe]

Thanks for comment :) When I searched there were a lot under 6k per month, I also lived in an old building. Went clubbing once and probably never doing it again since smoking was allowed inside. Most people were smoking. I have somehow really managed to remove the desire to buy new clothes. I can promise that the food prices are a accurate. 25k RMB per month would mean like eating out every day, every meal. That would make me stressed since the food is not that healthy when eating out.

[@JuntaOne]

If you just move a few stops away your rent will halve.

[@blueluftwaffle]

thanks for the insight, btw why do you have a Scandinavian/Northern European accent? :)

[@lokobar12]

well he said in the video, he lives in sweeden, he's paying for two rents...

[@NiklasHe]

Grew up in Sweden so thats why. :)