In numerous countries, renting a flat or a home is the most costly thing to spend for. Individuals invest about 30% of their regular monthly earnings to provide comfy living conditions.
The exact same holds true for China. Nevertheless, renting a flat isn’t the only expenditure.
To comprehend whether it will be comfortable for you to live in this nation, we want to say a couple of words about the average expense of living in China.
Explore How to Rent an Apartment in China
Of course, this amount can vary depending upon your way of life and your demands. Still, let’s have a look at the things you can’t do without.
Various bus paths and underground lines can take you to your destination for appropriate money. With just 2 RMB for a bus ticket, circumnavigating a Chinese city is quite economical.
There is a lot of options to eat in China. You can mainly select among street food, fast food, expat dining establishments, and Western cuisine restaurants. The prices in these places differ considerably. You’ll pay 10-20 RMB for lunch in some kind of junk food café while a cup of coffee in a restaurant will cost you up to 40 RMB.
It’s also possible to buy fruit, veggies, cereal, and other foods in supermarkets and prepare by yourself if you have time and desire.
Here, everything depends on your choices. You can have your leisure for free walking in parks or invest as much cash as you can manage in bars, clubs, theaters, health spas, and so on.
With that said, being an expat in China isn’t as expensive as one may believe. The Chinese deal with competitive salaries for immigrants so they feel comfy living in China.
One question still requires to be answered.
Where can you stay and what things do you need to understand when renting an apartment?
Leasing an apartment in China: how much does it cost?
The rate of a home depends on several elements.
The size of a flat is important. Like all over the world, the reasoning is easy– little apartments cost little cash, huge apartment or condos cost big money.
The very same goes for living conditions. If it is a newly fixed flat with new furnishings and equipment, it costs more than a flat with regular but not amazing facilities.
The type of lodging plays its role, too. By this, we imply that a different flat with its own bathroom and kitchen and space in a shared apartment will differ in cost a lot.
However, the most crucial aspect that figures out the price is the place of an apartment. No matter what city you reside in, the basic concept is the more detailed you are to the downtown, the more you pay.
Prices for Apartments in Tier 1 Cities
Beijing homes for rent
Considering that Beijing is the capital of China, you can expect the prices on the property market to be the highest ones in contrast to other big cities.
Rent prices here begin at the point of approximately 4000 RMB a month.
You’re going to pay this money for a studio and even a space in a shared apartment. Your accommodation will probably be situated close to the city center or it will be not far from bus stops and metro lines.
The more you want, the more you pay. Thus, a two-bedroom house will cost you around 10000 RMB.
And if you need a really big flat, the price may rise to 15000 RMB or even more. If you prepare to rent a house with your pals or colleagues, you may save some money.
Shanghai houses for lease
This city is as popular amongst youths as the Chinese capital.
A growing number of students and experts are coming here to study and work. Not a surprise you’ll discover a great deal of options of expat housing in Shanghai.
As a rule, expats wish to live their lives to the full while being in China.
That’s why they prefer houses in neighborhoods like Jing’an District with various bars, clubs, and dining establishments.
Yet, you can discover decent deals on apartment or condo lease in other locations of this metropolis.
Once again, it needs to be mentioned that the prices differ depending on many aspects.
For instance, if you rent a home from a property manager, you’ll see that lease cost starts from about 2500 RMB for a one-bedroom home.
In case you deal with a firm to help you, be ready for the prices of 3500– 4000 RMB for the very same conditions.
Shenzhen apartment or condos are similar to Shanghai ones in terms of prices, conditions, and locations.
You can find a shared home for at least 1500 RMB and a one-bedroom flat for 3500 RMB and higher.
Discussing the cheapest location to lease an apartment, it is undoubtedly a location remoted from the city center.
You can live in a residential area and spend just 1000 RMB on your flat.