Summary of cost of living in Shenzhen, China:
Restaurants | |
Range |
|---|---|---|
| Meal at an Inexpensive Restaurant | 25.00 ¥ | |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) | 200.00 ¥ | |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) | 35.00 ¥ | |
| Domestic Draft Beer (1 Pint) | 10.00 ¥ | |
| Imported Beer (12 oz Small Bottle) | 17.50 ¥ | |
| Cappuccino (Regular Size) | 23.33 ¥ | |
| Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) | 3.54 ¥ | |
| Bottled Water (12 oz) | 1.96 ¥ | |
Markets | |
|
| Milk (Regular, 1 Liter) | 12.44 ¥ | |
| Fresh White Bread (1 lb Loaf) | 12.02 ¥ | |
| White Rice (1 lb) | 3.68 ¥ | |
| Eggs (12, Large Size) | 12.68 ¥ | |
| Local Cheese (1 lb) | 46.34 ¥ | |
| Chicken Fillets (1 lb) | 10.88 ¥ | |
| Beef Round or Equivalent Back Leg Red Meat (1 lb) | 40.81 ¥ | |
| Apples (1 lb) | 5.94 ¥ | |
| Bananas (1 lb) | 4.57 ¥ | |
| Oranges (1 lb) | 5.07 ¥ | |
| Tomatoes (1 lb) | 3.94 ¥ | |
| Potatoes (1 lb) | 3.15 ¥ | |
| Onions (1 lb) | 3.92 ¥ | |
| Lettuce (1 Head) | 4.28 ¥ | |
| Bottled Water (50 oz) | 4.29 ¥ | |
| Bottle of Wine (Mid-Range) | 98.00 ¥ | |
| Domestic Beer (16.9 oz Bottle) | 6.23 ¥ | |
| Imported Beer (12 oz Small Bottle) | 14.43 ¥ | |
| Cigarettes (Pack of 20, Marlboro) | 25.50 ¥ | |
Transportation | |
|
| One-Way Ticket (Local Transport) | 3.00 ¥ | |
| Monthly Public Transport Pass (Regular Price) | 150.00 ¥ | |
| Taxi Start (Standard Tariff) | 10.00 ¥ | |
| Taxi 1 mile (Standard Tariff) | 4.18 ¥ | |
| Taxi 1 Hour Waiting (Standard Tariff) | 48.00 ¥ | |
| Gasoline (1 Liter) | 8.15 ¥ | |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) | 129,900.00 ¥ | |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) | 120,675.00 ¥ | |
Utilities (Monthly) | |
|
| Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) | 465.15 ¥ | |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) | 66.38 ¥ | |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) | 86.10 ¥ | |
Sports And Leisure | |
|
| Monthly Fitness Club Membership | 326.82 ¥ | |
| Tennis Court Rental (1 Hour, Weekend) | 113.11 ¥ | |
| Cinema Ticket (International Release) | 50.00 ¥ | |
Childcare | |
|
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child | 3,415.00 ¥ | |
| International Primary School, Annual Tuition per Child | 157,500.00 ¥ | |
Clothing And Shoes | |
|
| Jeans (Levi's 501 or Similar) | 328.53 ¥ | |
| Summer Dress in a Chain Store (e.g. Zara or H&M) | 230.22 ¥ | |
| Nike Running Shoes (Mid-Range) | 522.00 ¥ | |
| Men's Leather Business Shoes | 638.46 ¥ | |
Rent Per Month | |
|
| 1 Bedroom Apartment in City Centre | 4,874.73 ¥ | |
| 1 Bedroom Apartment Outside of City Centre | 2,700.00 ¥ | |
| 3 Bedroom Apartment in City Centre | 12,316.67 ¥ | |
| 3 Bedroom Apartment Outside of City Centre | 6,237.50 ¥ | |
Buy Apartment Price | |
|
| Price per Square Feet to Buy Apartment in City Centre | 8,081.10 ¥ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 3,732.98 ¥ | |
Salaries And Financing | |
|
| Average Monthly Net Salary (After Tax) | 11,334.62 ¥ | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 3.77 |
Sources and References
| Cost of Living in Shilong | 52.40 miles |
| Cost of Living in Huizhou | 61.84 miles |
| Cost of Living in Guangzhou | 85.88 miles |
| Cost of Living in Yunfu | 205.46 miles |
| Cost of Living in Shaoguan | 213.17 miles |
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Shenzhen's rental cost a lot more especially in the city centre and the deposit for rental differs so it could be double and the agent could also want their cut so that's where most of your cash might go. Rentals are 2 weeks before moving in or immediately. The rest is affordable. Rent ranges wildy between areas from 4500 - 9000 for a bachelor and 6000 - 25 000 for 2 bed or 3.
After taxes, your salary would be $2,645.62 per month. If your offer doesn't include a stipend for rent, then based on Numbeo numbers, you'd need about $1,393.21 per month to live alone in Shenzhen including rent for a downtown 1BR apartment. So, yes, you'd be able to save just a little over $1,000 per month.
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I think it is reasonable. For most people, the monthly cost is between 5000 and 8000 Yuan per month including rent. So you can save money.