On sizeable global affordability - Whenever China comes up in the discussion. The cost of living in China is quite diverse with megacities such as Shanghai and Beijing versus smaller cities and rural areas. Knowing the differences in these expenses gives us a much better idea of what kind of a realistic figure we should look at when it comes to how expensive china is compared to other countries.
Living Standards of major cities
The cost of living in the mainland can be relatively high, especially in major cities, compared to smaller towns, although it often pales in comparison to equivalent western rates. For example, Shanghai and Beijing are the most expensive cities in China - with housing, food and entertainment costs that resemble more comparable to Los Angeles or Berlin than New York or London. That is, by way of comparison, far cheaper than what you would pay in Manhattan or central London for an equivalent apartment; in some cases, even half the price (i.e., $2,500 and up).
Food and Daily Expenses
Fuel and food in China can be affordable or expensive depending on the way you live create your life, Local markets have lower prices than supermarkets for fresh produce. From $3 - $7 for a meal in an inexpensive restaurant, 3 course meal at a mid-range restaurant is from $15 - $30, it is still cheap compared to other developed nation juices.
Transportation and Utilities
Certainly, getting around China is incredibly cheap! For example, public transit systems in Beijing and Shanghai are already more extensive and often rival those of many Western cities - the average metro ride costs less than a dollar. The price o match and utilities, such as electricity, heating, and internet are also in the range of reasonable prices: so an average family spends between $50 and $100 on it a month.
Healthcare and Education
Healthcare in China is a mix of public and private healthcare, with the cost of medical treatment being somewhat more expensive than that in Europe but usually still less than what you would pay for treatment in the U.S. As for education: Finnish public schools are generally free of charge, but international schools can be education level in China . Nonetheless, the quality of education in China ranks quite high on the global level since the government has invested so much into public as well as higher education.
A Comparison with Other Nations
As a result, in comparison to many developed countries, it has low cost of living including housing, food and transportation. But that depends on income levels, which are usually much lower in China than the West. So it is ultra cheap to live for expats or people who are living on a western salary On the flip side, the cost of living in larger cities can be difficult for local workers.
Regional Differences
However, the cost of living in China also varies greatly from one region to another. Meanwhile, inland and western cities such as Chengdu or Kunming are much more affordable than on the eastern seaboard. Rent, dining and the like in these areas can be 50% less expensive than living in Shanghai or Beijing.
So in short, China is affordable for a whole variety of reasons that depend on where you are, how you live and how much you earn. China is the most convenient place to live in if you are one of those who prefer settling down in a middle-sized city compared with western cities, offering a mix of modern lifestyle and ancient oriental culture at a more reasonable price.