Cost of Living in Shanghai
How much does it cost to live in Shanghai?
Generally, Shanghai is relatively cheap compared to Europe or North America. How much money you spend depends on your lifestyle, however. A rate between 50 CNY5.88 EUR
and 100 CNY11.76 EUR
per day should be a realistic amount to calculate with. Also add in any costs of traveling, going out, or sightseeing that you might want to do.
A random list of prices in Chinese Renminbi (RMB/CNY):
(Hover over the prices in CNY to see the values in EURO, USD and GBP)
Bus ticket - 2 CNY0.24 EUR
Subway ticket - 3 CNY0.35 EUR
for journeys under 6 km, then 1 CNY0.12 EUR
for each additional 10 km
Can of soda - 3 CNY0.35 EUR
Taxi - 14 CNY1.65 EUR
(for the first 3 km) (2 CNY0.24 EUR
per additional km)
Dinner at a Chinese restaurant - 30 CNY3.53 EUR
Fast food meal - 20 CNY2.35 EUR
New bicycle - 300 CNY35.28 EUR
Local draft beer (0,5L) - 15 CNY1.76 EUR
What are exchange rates between the Euro or USD and Chinese currency (RMB/CNY)?
- 1 USD = 6.13 RMB
- 1 EUR = 8.5 RMB
CNY = RMB = Renminbi - The People's Currency