What is the average cost of housing in China?
If you are thinking about moving to China, cost of living in probably a key consideration. Expats commented about the cost of housing...
"I've lived in Shenzhen for 8 years, and as with any city, location determines cost. Anyway close to the metro, in a modern residential complex, with good facilities will usually average out at about 120RMB per month per sq metre. So a good 75-90 sqm 2-3 BR apartment will set you back between 8-11k a month for an average apartment. Budget another 400-700 per month for management fees, power, water, and gas. Another 150 for Internet. Budget for up front costs of 2 months rent in advance, and 50% of a months rental for agency fee, if using an agent. Obviously, sharing with another expat will halve everything, so a good option to consider. Another option is to look at renting a spare room in an apartment that expats currently rent. You can often get these for 2-3k a month, including all utilities and wifi," said another expat in China.
"The cost of housing in China varies widely depending on the city or region, however the average cost globally is generally considered to be moderately priced. Generally, the cost of renting an apartment or house in China is relatively low and prices are continuing to increase due to the influx of people and businesses moving to cities," wrote a member who made the move to China.
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What is the average cost of housing in China?
If you live in China, newcomers to China would love to hear your answer to this question.
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.