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What is a good monthly salary in Shanghai?

Posted on December 8, 2019 by Author

Table of Contents

  • 1 What is a good monthly salary in Shanghai?
  • 2 How much do you need to make to live comfortably in Shanghai?
  • 3 What is the average salary in Shanghai?
  • 4 What is high income in Shanghai?
  • 5 What is a good monthly wage in China?
  • 6 How much does a house cost in Shanghai?
  • 7 What is the average salary of an expat living in Shanghai?
  • 8 What is the cost of living like in China?

What is a good monthly salary in Shanghai?

According to the latest statistics from the Shanghai government, the average monthly wage in 2018, after deducting tax and social welfare contributions, was 7,200 yuan ($1,047).

How much do you need to make to live comfortably in Shanghai?

All expats should look at a salary range from 10,000 to 30,000 RMB/month. You can get offers less than that, but you don’t need to accept them. There are more than enough places that will hire you for more. The normal range is from around 15,000 to 23,000 RMB/month depending where you live and what you do.

How much does it cost to live in Shanghai per month?

Summary about cost of living in Shanghai, China: Family of four estimated monthly costs are 2,774$ (17,648¥) without rent. A single person estimated monthly costs are 747$ (4,754¥) without rent. Shanghai is 46.47\% less expensive than New York (without rent).

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What is a good salary for China?

This statistic shows the average annual salary of an employee in a non-private organization in urban China in 2020, by region. In 2020, an employee in the urban regions of the Chinese Jiangsu province earned around 103,600 yuan per annum on average. The national average reached about 97,400 yuan in 2020.

What is the average salary in Shanghai?

In 2019, average wage of employed persons for Shanghai was 149,377 yuan. Average wage of employed persons of Shanghai increased from 66,115 yuan in 2010 to 149,377 yuan in 2019 growing at an average annual rate of 9.53\%.

What is high income in Shanghai?

The highest paid Shanghai are Compliance, AML, KYC & Monitoring professionals at $698,000 annually. The lowest paid Shanghai are Data professionals at $27,000.

How much is salary in Shanghai?

Is Shanghai cheap to live?

The cost of living in Shanghai is considered the highest in China and, according to Mercer’s 2020 Cost of Living Survey, it’s the seventh most expensive city out of 209 cities for expats.

What is a good monthly wage in China?

The average salary in China ranges from 7,410 Yuan per month (USD 1,145) to 1,31,000 Yuan (USD 20,245) per month — with 7,410 Yuan being the minimum salary and 1,31,100 Yuan being the maximum salary.

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How much does a house cost in Shanghai?

In 2020, the price for new residential property in Shanghai’s inner ring was over 118 thousand yuan per square meter. Within one year, the house price increased by 8,000 yuan per square meter. In early 2021, local authorities introduced legislation to stabilize the market.

How much is apartment in Shanghai?

Renting a one-bedroom apartment in the center of Shanghai usually costs from 4 000 to 10 000 yuan (ca. 582 – 1 400 USD). For comparison, for the same apartment with similar conditions outside the center, we will pay from 2 000 to 6 000 yuan (approx. 291 – 874 USD) per month.

How much do people in Shanghai earn?

Average salary in Shanghai is 396,102 CNY per year. The most typical earning is 109,777 CNY. All data are based on 839 salary surveys. Salaries are different between men and women.

What is the average salary of an expat living in Shanghai?

Monthly cost for 1 bed room in central shanghai, management fee & utility bills included, 6K~10K RMB That depends on what life level you wanna achieve. I would say about 9K- 10K RMB monthly salary is ok for an expat to survive.

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What is the cost of living like in China?

The cost of living is relatively low, although it greatly depends on your lifestyle. Prices are reasonable and you can get by comfortably with a low salary. 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.

What is the average monthly salary in China?

The average monthly salary in China varies from one city to another, but in general, it can be appealing, even in the worst-rated cities, even exceeding that of some European cities. Shanghai is in first place, with an average monthly salary of 1,100 USD, followed by Beijing with 980 USD and Shenzen with 930 USD.

Is 100 yuan a month enough to live in China?

In general, 100 Yuan a month should be enough (also counting the internet) but it depends on your use. A meal could cost you only 10-15 Yuan for a plate of jiaozi (ravioli) or of lamian (noodles). If however, you want to eat meat and fish regularly and visit elegant restaurants, prices rice quickly. It depends on your diet.

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