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Angel.Ro
Joined: 09 May 2015
Posts: 59
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 Posted: Sun Oct 11, 2015 4:38 am Post subject: Shanghai Budget |
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I did a search to see what a monthly budget looked like for Shanghai, but I couldn't find anything after 2011. So just wondering what the current ballpark figures look like for the main expenses on a monthly basis:
Rent/Utilities if not included
Food
Transportation
Extra Curricular
Thank you! |
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CNexpatesl
Joined: 27 May 2015
Posts: 194
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| Posted: Sun Oct 11, 2015 4:51 am Post subject: |
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Rent - you're looking at 3000 RMB or about $500 USD a month for one room in a flat with roommates. Less if you live farther away from downtown, but that's not worth it IMO. If you want a studio or one bedroom apartment for yourself it'll cost you more.
Food - probably $800-$900+ a month if you want to eat out every once in a while.
Utilities - maybe 150-200 RMB a month. |
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Aristede
Joined: 06 Aug 2009
Posts: 180
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| Posted: Sun Oct 11, 2015 4:09 pm Post subject: |
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| CNexpatesl wrote: |
Rent - you're looking at 3000 RMB or about $500 USD a month for one room in a flat with roommates.
Food - probably $800-$900+ a month if you want to eat out every once in a while.
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Why should monthly food costs be higher than your rent if you're just eating out once in a while? It could easily be half that amount. |
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Laurence
Joined: 26 Apr 2005
Posts: 401
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| Posted: Mon Oct 12, 2015 1:14 am Post subject: |
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Monthly Shanghai budget options:
- Crazy scrimper friendless hermit weirdo: 5000 yuan per month
- Noodle-Slurping Supersaver: 7000 per month
- Typical TEFL teacher-traveller: 10k (the vast majority of people in tier 1 cities that I know spend around this amount)
- Mr. Careless McSplurge: 15k (it's very possible. And fun. But ultimately unfulfilling.) |
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JB140767
Joined: 09 Aug 2015
Posts: 135
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| Posted: Mon Oct 12, 2015 1:52 am Post subject: |
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| Laurence wrote: |
Monthly Shanghai budget options:
- Crazy scrimper friendless hermit weirdo: 5000 yuan per month
- Noodle-Slurping Supersaver: 7000 per month
- Typical TEFL teacher-traveller: 10k (the vast majority of people in tier 1 cities that I know spend around this amount)
- Mr. Careless McSplurge: 15k (it's very possible. And fun. But ultimately unfulfilling.) |
Where as I am sure in its long an illustrious history there must have been bigger B/S, misleading posts than this on Dave's, I personally do not know of one |
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buravirgil
Joined: 23 Jan 2014
Posts: 967
Location: Jiangxi Province, China
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| Posted: Mon Oct 12, 2015 3:13 am Post subject: |
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| JB140767 wrote: |
| Where as I am sure in its long an illustrious history there must have been bigger B/S, misleading posts than this on Dave's, I personally do not know of one |
Maybe try including your own. |
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JB140767
Joined: 09 Aug 2015
Posts: 135
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| Posted: Mon Oct 12, 2015 4:49 am Post subject: |
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| buravirgil wrote: |
| JB140767 wrote: |
| Where as I am sure in its long an illustrious history there must have been bigger B/S, misleading posts than this on Dave's, I personally do not know of one |
Maybe try including your own. |
Big words, small man, last interaction bullyboy |
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buravirgil
Joined: 23 Jan 2014
Posts: 967
Location: Jiangxi Province, China
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| Posted: Mon Oct 12, 2015 5:08 am Post subject: |
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| JB140767 wrote: |
| Big words, small man, last interaction bullyboy |
Hey Hey! Progress. |
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Jmbf
Joined: 29 Jun 2014
Posts: 663
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hdeth
Joined: 20 Jan 2015
Posts: 583
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| Posted: Mon Oct 12, 2015 9:06 am Post subject: |
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| Laurence wrote: |
Monthly Shanghai budget options:
- Crazy scrimper friendless hermit weirdo: 5000 yuan per month
- Noodle-Slurping Supersaver: 7000 per month
- Typical TEFL teacher-traveller: 10k (the vast majority of people in tier 1 cities that I know spend around this amount)
- Mr. Careless McSplurge: 15k (it's very possible. And fun. But ultimately unfulfilling.) |
If these figures include rent and possibly a lengthy commute I would say the figures probably aren't too far off.
I've lived in Qingdao and Beijing and traveled to several other cities. Some things are actually cheaper in Beijing and there's generally a bit more variety (e.g. I can get fresh basil, asparagus, button mushrooms, and other western food at a good price). My girlfriend compares prices to her friends and family in Qingdao now and then and groceries are often cheaper here if you go to the markets (which can be a hassle).
I've found that for basic living expenses for a somewhat frugal person are about the same throughout China if you exclude housing. That's the big difference.
My figures would be:
excluding housing, 3,000rmb per month for an OK lifestyle with no vacations.
4,000-5,000, excluding housing: decent lifestyle with 1-2 backpacker style vacations in SEA.
The opportunity to spend beyond that is of course limitless.
150-200rmb for utilities is only during the summer with the AC running. I haven't heard of teachers having to pay for heat in the winter.
$800-900 for food is a huge amount for one person, but I suspect some of my co-workers spend about that. That's a lot of western food, ordering groceries from the organic place on the internet, eat out frequently, etc.
For my girlfriend and I we spend maybe 2,500y on food in a month...a little more if I binge on western food for a week or two. E.g. last month we bought a bunch of feta cheese, olives, artichoke hearts, pepperoni, etc., and made about 12 or so pizzas. Made some beef stroganoff that was really expensive (beef + sour cream = ouch). Mexican food can be really expensive. We only eat out at cheap noodle places maybe a few times a month when my girlfriend gets a craving for liangpi. Fast food a couple times a month. Almost never go to western restaurants because it's too far for us...just not worth it. |
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Angel.Ro
Joined: 09 May 2015
Posts: 59
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| Posted: Mon Oct 12, 2015 9:38 pm Post subject: |
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| So based on the above figures, it would be completely reasonable to expect to have about 5000-10000 RMB a month left over in disposable income? |
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buravirgil
Joined: 23 Jan 2014
Posts: 967
Location: Jiangxi Province, China
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| Posted: Mon Oct 12, 2015 9:59 pm Post subject: |
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| Angel.Ro wrote: |
| So based on the above figures, it would be completely reasonable to expect to have about 5000-10000 RMB a month left over in disposable income? |
Where have you cited an income? |
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Angel.Ro
Joined: 09 May 2015
Posts: 59
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| Posted: Mon Oct 12, 2015 10:44 pm Post subject: |
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| Well just based on what I've read here, most salaries seem to fall somewhere between 15000-20000 rmb a month.. |
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Laurence
Joined: 26 Apr 2005
Posts: 401
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| Posted: Tue Oct 13, 2015 5:24 am Post subject: |
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| Angel.Ro wrote: |
| Well just based on what I've read here, most salaries seem to fall somewhere between 15000-20000 rmb a month.. |
I would say that is the higher end of the payscale in Shangers. Also, remember 20k is usually only worth I think 17.8 after tax. Most people that go over 20k do so with regular privates, which brings a much higher workload and is not a 12 month salary, so don't believe everything you read - comments here can be deceptive.
You are right though, you can certainly generate a pretty nice disposable income. It usually takes a while to get there, however, what with settling in costs and finding your way around the ridiculous urban sprawl. People usually only really start saving after a year (if they last that long). |
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