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What adjustment for cost of living? Assuming living in a Tier-1 where the tech-hubs are (Beijing, Shanghai, Shenzhen), rents for a 2/3 bedroom apartment somewh
by zhte415 8y ago
What adjustment for cost of living?
Assuming living in a Tier-1 where the tech-hubs are (Beijing, Shanghai, Shenzhen), rents for a 2/3 bedroom apartment somewhat centralish (these are vastly larger, more populous, and higher density than most American or European cities) will be at least USD 2000, possibly 4000 depending on taste (apartment, not house). Pension may need to be privately paid, and tax-band will be above 40% for anything that can support the above. Purchasing equivalent consumables like food and eating out western-style will be the same or double than the cost in most of the USA. If with kids then international schools are pretty expensive in China, over USD 20k per kid per year. International driving license not hard but car questionable as the above Tier-1 cities have restrictions / waiting lists / lotteries on license plates.
Cost-of-living adjustment is only relevant if: no kids, no pension, able to adapt to eat locally (quite hard for a lot of people especially when hitting the ground with a full time job), don't mind a 30-60+ minute subway commute (cheaper rents).
- jayrot 8y ago> eating out western-style There's your problem, LOL.
- presentation 8y agoIt sounds like you never really tried to integrate, so here’s my experience living in Shanghai, the most expensive mainland city - eating mostly Chinese food I would eat stuff like jianbing with chicken and pork for breakfast for about $0.80, lived in a studio apt in a shikumen building 5 mins walk from IAPM/陕西南路站 (I would consider, quite central) for about $400/mo that I actually found on Airbnb, not even using local apt finding services (bc I was there relatively short term, 4 months, and didn’t want to sign a lease) where I could have found one even cheaper probably, and was eating out for dinner at an average cost of maybe $5 to $7 per meal, or around $20-$30 if I wanted to splurge. Then again, I took time to learn Mandarin against the advising of expats who reassured me that I’d never get any good and therefore should just not try, so maybe that’s where my perspective differs. Sounds like your problem is trying to replicate western lifestyle in China, if you do that everyone sniffs the blood and will find ways to rip you off on everything. Though yeah, schooling probably would be a pretty big expense - no way I’d send my kid to Chinese schools either.
- nexus2045 8y ago+1 to this. If you try to live the same way as you did in the States, without trying any of the more hole-in-the-wall restaurants, and only go to like, Pizza Hut (which is considered a decent mid-end fine-dining restaurant), for sure you will spend 100 RMB+ per meal. But getting buns, dumplings, beef noodles for 10-30 RMB is in no way a remote possibility, but they definitely don't look Western.