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Tiger Beer
Joined: 08 Feb 2003
Posts: 778
Location: Hong Kong
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 Posted: Sun Nov 04, 2012 4:01 pm Post subject: Living/working Macau - salary between 20K-30K. Acceptable? |
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| Is a salary of somewhere between 20K-30K enough to live on in Macau? How does salary/cost-of-living compare to next door mainland China? |
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fat_chris
Joined: 10 Sep 2003
Posts: 3198
Location: Beijing
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| Posted: Mon Nov 05, 2012 4:59 am Post subject: Re: Living/working Macau - salary between 20K-30K. Acceptab |
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| Tiger Beer wrote: |
| Is a salary of somewhere between 20K-30K enough to live on in Macau? How does salary/cost-of-living compare to next door mainland China? |
I can't answer this as I've never been to Macau, but I would be interested in looking at teaching positions at the University of Macau some day.
By 20K-30K, do you mean 20-30K in patacas/month? 20K-30K in USD/year?
I'm wondering the same thing actually.
Warm regards,
fat_chris |
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Tiger Beer
Joined: 08 Feb 2003
Posts: 778
Location: Hong Kong
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| Posted: Mon Nov 05, 2012 6:22 am Post subject: Re: Living/working Macau - salary between 20K-30K. Acceptab |
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| fat_chris wrote: |
| Tiger Beer wrote: |
| Is a salary of somewhere between 20K-30K enough to live on in Macau? How does salary/cost-of-living compare to next door mainland China? |
I can't answer this as I've never been to Macau, but I would be interested in looking at teaching positions at the University of Macau some day.
By 20K-30K, do you mean 20-30K in patacas/month? 20K-30K in USD/year?
I'm wondering the same thing actually.
Warm regards,
fat_chris |
It would be paid in patacas, but I converted it into dollars.
So, yeah, 20K-30K in USD/year. |
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doogsville
Joined: 17 Nov 2011
Posts: 924
Location: China
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| Posted: Mon Nov 05, 2012 9:51 am Post subject: |
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| Since they don't use the American dollar in Macau, it would be much more useful to know what your monthly salary is in MOP. Macau can be quite cheap to live in and also quite expensive, like anywhere else really. Comparing it to the 'next door' mainland is also not easy, since the mainland is so huge and full of very, very different places with different costs and standards of living. As a rule of thumb, most employers will pay you enough to live on while you work for them. Those that don't tend to lose employees. |
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sistercream
Joined: 18 Dec 2010
Posts: 497
Location: Pearl River Delta
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| Posted: Mon Nov 05, 2012 11:56 am Post subject: |
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Sorry, from your post in the HK forum, I had assumed you were talking MOP20 - 30K per month, which is how salaries are expressed locally.
If you care to give a figure in the sort of money we use use down here, it will be easier to answer the question. Maths isn't my strong point. |
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Tiger Beer
Joined: 08 Feb 2003
Posts: 778
Location: Hong Kong
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| Posted: Mon Nov 05, 2012 12:41 pm Post subject: |
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| sistercream wrote: |
Sorry, from your post in the HK forum, I had assumed you were talking MOP20 - 30K per month, which is how salaries are expressed locally.
If you care to give a figure in the sort of money we use use down here, it will be easier to answer the question. Maths isn't my strong point. |
MOP 160,000 to 236,000.
That's the range. I'll update that on the HK one as well. |
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Tiger Beer
Joined: 08 Feb 2003
Posts: 778
Location: Hong Kong
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| Posted: Mon Nov 05, 2012 12:49 pm Post subject: |
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| doogsville wrote: |
| Since they don't use the American dollar in Macau, it would be much more useful to know what your monthly salary is in MOP. Macau can be quite cheap to live in and also quite expensive, like anywhere else really. Comparing it to the 'next door' mainland is also not easy, since the mainland is so huge and full of very, very different places with different costs and standards of living. As a rule of thumb, most employers will pay you enough to live on while you work for them. Those that don't tend to lose employees. |
MOP 160,000 to 236,000.
Part of the problem for me, is I make almost double that in Japan. However, it really isn't easy to live cheaply in Japan. You can avoid going out altogether, which stops hemoragging money. But, you'll still spend a lot doing very little here.
I did make a lot less living in Seoul than Japan, and I seemed to have a similar rate of savings. So, I don't mind making less money, if the cost of living allows me still save a bit. The wages in Macau are less than what I made in Seoul though, so thats a concern. |
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Solar Strength
Joined: 12 Jul 2005
Posts: 557
Location: Bangkok, Thailand
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| Posted: Mon Nov 05, 2012 9:17 pm Post subject: |
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| Tiger Beer wrote: |
I make almost double that in Japan. However, it really isn't easy to live cheaply in Japan.
I did make a lot less living in Seoul than Japan, and I seemed to have a similar rate of savings. So, I don't mind making less money, if the cost of living allows me still save a bit. |
I think you just hit the nail on the head.
It's often NOT a question of how much you make! Rather, it's a question of how much you spend.
For instance, and as you allude to in your post, most TEFL teachers in Japan earn more than their colleagues in Korea, however, they spend more, too. So even though TEFL teachers in Korea earn less, they can often save more than English teachers in Japan since they often receive free accommodations and airfare - and even free lunches at school! Yeah, they earn less money, but Korean TEFL teachers typically have lower costs of living - often much lower.
So it's really a matter of how much you end up having to spend in your target country. |
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sistercream
Joined: 18 Dec 2010
Posts: 497
Location: Pearl River Delta
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| Posted: Wed Nov 07, 2012 5:47 am Post subject: |
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Have posted my two cents' (avos') worth in the HK forum thread.
Short answer is that although I have a very soft spot for Macau, I wouldn't move back there unless I was earning >MOP15K per month. |
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goeducks
Joined: 06 May 2011
Posts: 2
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| Posted: Thu Nov 15, 2012 6:17 am Post subject: macau salaries |
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The biggest issue is housing. ( I am in Macau) Because of the casino and hotel construction going on-housing is tight and rents are definitely increasing.
If your school is providing housing, the 20k is great, if not, look at half of your salary going to rent. (close estimation) If you are open to sharing an apartment, then of course you can adjust the cost accordingly.
good luck. |
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nfig77
Joined: 20 Jun 2011
Posts: 52
Location: ITB Research Facility in Shenzhen
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| Posted: Thu Nov 13, 2014 1:44 am Post subject: Re: macau salaries |
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| goeducks wrote: |
The biggest issue is housing. ( I am in Macau) Because of the casino and hotel construction going on-housing is tight and rents are definitely increasing.
If your school is providing housing, the 20k is great, if not, look at half of your salary going to rent. (close estimation) If you are open to sharing an apartment, then of course you can adjust the cost accordingly.
good luck. |
I'd say you'd need about 30k pataca per month to save $1000 per month. This assumes a reasonable budget of 50% of your income going to taxes and rent: 12k per month rent and about 10% for salary deductions. This leaves you with 15k for other expenses and savings. 35-40k is probably safer to be able to both travel and save, especially if yearly airfare is not provided. |
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Mark Johnson
Joined: 08 Jun 2014
Posts: 23
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| Posted: Mon Nov 17, 2014 7:51 am Post subject: |
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| I was offered 15,000 MOP ($2000) a month, public school. This included shared housing with 2 other teachers. I turned it down. Still wonder if it was the right decision... I need to save, but a year in Macau could be cool. |
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nfig77
Joined: 20 Jun 2011
Posts: 52
Location: ITB Research Facility in Shenzhen
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| Posted: Mon Nov 17, 2014 8:00 am Post subject: |
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| Sharing a flat would be a deal breaker. The pay is probably on the low side if you wanted to save any money. |
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Mark Johnson
Joined: 08 Jun 2014
Posts: 23
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| Posted: Mon Nov 17, 2014 12:58 pm Post subject: |
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| nfig77 wrote: |
| Sharing a flat would be a deal breaker. The pay is probably on the low side if you wanted to save any money. |
Exactly, so who are these people that take these jobs? Backpackers? |
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Shanghai Noon
Joined: 18 Aug 2013
Posts: 589
Location: Shanghai, China
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| Posted: Tue Nov 18, 2014 4:29 am Post subject: |
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Macau is a cool place, but I imagine it would get a bit claustrophobic after a while. It's very small and crowded.
On the other hand, sending money home would be much easier and more convenient... |
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