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
@ddslayer63 ай бұрын
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!
@villevinh4 ай бұрын
Really insightful and thorough breakdown of montly costs in Shanghai!
@NiklasHe4 ай бұрын
Happy to serve
@larsskjelbred78222 ай бұрын
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.
@diegogarcia94265 ай бұрын
Awesome video, great production quality! How friendly is it there for non nationals?
@NiklasHe5 ай бұрын
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!
@jasonreviews2 ай бұрын
still cheaper than LA. rent here is like 2.5k unless you have family friend hook you up with cheap room
@traveller24785 ай бұрын
Think Global. Act local. Thanks for Financial Transparancy. Is really important.
@NiklasHe4 ай бұрын
You're Welcome :)
@KidsFunEnglishTV-nw7tl2 ай бұрын
Great one ,keep it up
@tigerija2 ай бұрын
Thanks for all the info.
@studyou10164 ай бұрын
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
@NiklasHe4 ай бұрын
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.
@andresgarciacastro17835 ай бұрын
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).
@NiklasHe5 ай бұрын
Aha no idea it was like that in Spain :)
@BobbyLoo-jr8ys3 ай бұрын
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.
@NiklasHe3 ай бұрын
Yes for sure, if you make 6 fig USD the qulity of life is gonna be be so good.
@BobbyLoo-jr8ys3 ай бұрын
@@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.
@lostinthenarrativve14 күн бұрын
Mind if I ask what resources you recommend to become a software developer ?
@NiklasHe14 күн бұрын
The way I learned it was by using 2 resources. 1. Udemy - Here they have a lot of great courses. I took many different courses here in Python and Javascript. Each course is around 10USD and thye have discounts going on all the time. 2. Codewars - This is where I found coding problems to solve. These are the kind of problems they ask during job interviews. There are many other websites for this, you can just search for coding interview problem websites. Then to build a portfolio of projects to put on my Resume I just looked up a lot of tutorials on youtube, for example I created a facebook and spotify clone. And then I also included my Codewars profile as proof that I can write code.
@LinJiaLim3 ай бұрын
are we seeing a decline in salary and high inflation? did food prices increase drastically? e.g. more than 5%? very informative video!
@NiklasHe3 ай бұрын
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.
@besmirmurati23824 ай бұрын
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👍
@NiklasHe4 ай бұрын
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.
@JuntaOne3 ай бұрын
If you just move a few stops away your rent will halve.
@tigerija2 ай бұрын
820 is expensive compared to Balkan Europe area. Huh
@zenwmaster7 күн бұрын
Is it possible to rent an apartment for 1 month?
@blueluftwaffle5 ай бұрын
thanks for the insight, btw why do you have a Scandinavian/Northern European accent? :)
@lokobar125 ай бұрын
well he said in the video, he lives in sweeden, he's paying for two rents...
@NiklasHe5 ай бұрын
Grew up in Sweden so thats why. :)
@jwong15462 ай бұрын
How you get free internet though, what vpn you use?
@NiklasHeАй бұрын
Internet was included in the apartment and then for VPN i use Astrill VPN.
@tigerija2 ай бұрын
Wow, 4 dolars for 1kg chicken. Super expensive.
@fearless69474 ай бұрын
I think if you rent for 3 months, they will charge more
@NiklasHe4 ай бұрын
Yes definitely, if you pay for example 1 year or longer its gonna be cheaper, which is what most landlords prefer.
@lifejourney44983 ай бұрын
Hi I’m a student. Can you help me find a cheapest rent?
@NiklasHe3 ай бұрын
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.
@Andy_TKC4 ай бұрын
❤ you
@dalhybunny2 ай бұрын
How did you find your apartment it's really very good for only 6000 RMB With water, electricity and wifi included😮😮
@NiklasHeАй бұрын
Its difficult for a non Chinese, but my girlfriend (who is Chinese) used an App call Ziroom but you need an Chinese phone number to register. If I were to find an apratment again alone then I would go to China and go to one of the real estate shops like Lianjia, there are other once also but thats the biggest one, and then ask them for help. They will be happy to help since their fee is 1 month of the rent price.