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How much does it cost to rent an apartment in Shanghai?

Posted on August 21, 2022 by Author

How much does it cost to rent an 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.

What is the average rent in Shanghai?

What’s the average apartment rent in Shanghai? Rents have increased a lot in Shanghai over the past 5-10 years. According to Expatistan and Numbeo, the average monthly rent for a 3-bedroom apartment in the central (expensive) areas is 15,000 ~ 16,000 RMB (2,235 ~ 2,384 US dollars) per month.

How much does a two bedroom apartment cost in China?

Thus, a two-bedroom apartment will cost you approximately 10000 RMB. And if you need a really big flat, the price might reach up to 15000 RMB or even more. Yet, if you plan to rent an apartment with your friends or colleagues, you might save some money.

How much do you need to live comfortably in Shanghai?

Summary about cost of living in Shanghai, China: Family of four estimated monthly costs are 2,777$ (17,687¥) without rent. A single person estimated monthly costs are 748$ (4,765¥) without rent. Shanghai is 46.58\% less expensive than New York (without rent).

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Is Shanghai more expensive than London?

You can change the amount in this calculation. Do you live in Shanghai? Tell us some prices in Shanghai. Do you live in London?…Cost of Living Comparison Between Shanghai and London.

City Cost of Living Index
London 83.43
Shanghai 53.44
New York, NY 100
Prague 49.75

Is Shanghai expensive to live?

Shanghai is the most expensive city in China. And according to Mercer Cost of Living Survey 2020, Shanghai, China is the 7th most expensive city in the world to live in with Beijing sitting on the 10th.

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.

Is Beijing cheap to live?

Summary about cost of living in Beijing, China: A single person estimated monthly costs are 662$ (4,212¥) without rent. Beijing is 51.92\% less expensive than New York (without rent). Rent in Beijing is, on average, 60.40\% lower than in New York.

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Is Beijing a cheap place to live?

Find out how much you need to live in Beijing! Luckily, Beijing is a cheap city to live in, in comparison to our home in the UK so we are able to enjoy our salaries. Read More: 10 Things To Know Before Moving To China! *As of November 2019 the exchange rate is 1RMB = £0.11 or $0.14.

Is China cheaper than UK?

United Kingdom is 2.4 times more expensive than China.

Where should I live in Shanghai?

The best places to live in Shanghai

  • Lujiazui. The Lujiazui Financial and Trade Zone can be seen on the east side of the Huangpu River and is Shanghai’s most impressive financial and commercial area.
  • Jinqiao.
  • Kangqiao.
  • Changning District.
  • Zhongshan Park.
  • Hongqiao.
  • Minhang.
  • Jing’an District.

Is Shanghai rich or poor?

Shanghai is the world’s most expensive city because there are now a lot of very rich people living there. Shanghai has shot up this week’s Forbes billionaire rankings. It now has the sixth largest concentration of billionaires in the world having ranked 18 last year.

Where to stay in Shanghai for first time visitors?

Offering a restaurant serving buffet breakfast, Starr Hotel Shanghai offers self-catering accommodation near Daning CBD area, a 3-minute walk from North Zhongshan Road metro station (line 1). Free Wi-Fi access is available in public areas. Apartments at St Xintiandi – Spacious apartment. Perfect location, close to all Shanghai sights!

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Where is Le Mansion apartment in Shanghai?

The apartment is located in Lujiazui street, relying on the river standing, close to Line 4 Pudong Avenue Situated in Shanghai, 3.1 km from Jing’an Temple and 4 km from Tian Zi Fang, Le Mansion Apartment features accommodation with free WiFi, air conditioning and a terrace.

Why choose csdy holiday house Shanghai?

Boasting a restaurant, a shared lounge, and a garden, CSDY Holiday House features accommodation in Shanghai with free WiFi and river views. Guests benefit from a patio and a barbecue. This air-conditioned holiday home comes with a kitchen, a seating area, A newly fabricated lovely two bedroom apartment with king size Tatami bed.

Where is Kevin’s old house in Shanghai?

Kevin’s Old House is located at the downtown area of Shanghai, just a 10-minute stroll from Jing’an Temple Subway Station (Line 2). It features European-inspired accommodation with classic furnishings and elegant décor. Kevin’s Old House is a 3-minute driv

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