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Summary of cost of living in Beijing, China:
Restaurants | |
Range |
---|---|---|
Meal, Inexpensive Restaurant | 4.22 $ | |
Meal for 2 People, Mid-range Restaurant, Three-course | 28.11 $ | |
McMeal at McDonalds (or Equivalent Combo Meal) | 4.92 $ | |
Domestic Beer (1 pint draught) | 1.12 $ | |
Imported Beer (12 oz small bottle) | 2.11 $ | |
Cappuccino (regular) | 2.91 $ | |
Coke/Pepsi (12 oz small bottle) | 0.48 $ | |
Water (12 oz small bottle) | 0.31 $ | |
Markets | |
|
Milk (regular), (1 gallon) | 6.66 $ | |
Loaf of Fresh White Bread (1 lb) | 1.55 $ | |
Rice (white), (1 lb) | 0.50 $ | |
Eggs (regular) (12) | 1.78 $ | |
Local Cheese (1 lb) | 6.79 $ | |
Chicken Fillets (1 lb) | 1.54 $ | |
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 4.75 $ | |
Apples (1 lb) | 0.98 $ | |
Banana (1 lb) | 0.77 $ | |
Oranges (1 lb) | 0.80 $ | |
Tomato (1 lb) | 0.60 $ | |
Potato (1 lb) | 0.35 $ | |
Onion (1 lb) | 0.41 $ | |
Lettuce (1 head) | 0.66 $ | |
Water (1.5 liter bottle) | 0.55 $ | |
Bottle of Wine (Mid-Range) | 9.13 $ | |
Domestic Beer (0.5 liter bottle) | 0.83 $ | |
Imported Beer (12 oz small bottle) | 1.80 $ | |
Cigarettes 20 Pack (Marlboro) | 4.22 $ | |
Transportation | |
|
One-way Ticket (Local Transport) | 0.56 $ | |
Monthly Pass (Regular Price) | 31.62 $ | |
Taxi Start (Normal Tariff) | 1.83 $ | |
Taxi 1 mile (Normal Tariff) | 0.57 $ | |
Taxi 1hour Waiting (Normal Tariff) | 7.02 $ | |
Gasoline (1 gallon) | 4.22 $ | |
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 18,268.95 $ | |
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 15,382.93 $ | |
Utilities (Monthly) | |
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 51.47 $ | |
Mobile Phone Monthly Plan with Calls and 10GB+ Data | 9.36 $ | |
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 12.96 $ | |
Sports And Leisure | |
|
Fitness Club, Monthly Fee for 1 Adult | 57.97 $ | |
Tennis Court Rent (1 Hour on Weekend) | 20.33 $ | |
Cinema, International Release, 1 Seat | 8.43 $ | |
Childcare | |
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 712.37 $ | |
International Primary School, Yearly for 1 Child | 23,297.93 $ | |
Clothing And Shoes | |
|
1 Pair of Jeans (Levis 501 Or Similar) | 62.45 $ | |
1 Summer Dress in a Chain Store (Zara, H&M, ...) | 36.46 $ | |
1 Pair of Nike Running Shoes (Mid-Range) | 81.93 $ | |
1 Pair of Men Leather Business Shoes | 105.78 $ | |
Rent Per Month | |
|
Apartment (1 bedroom) in City Centre | 937.45 $ | |
Apartment (1 bedroom) Outside of Centre | 505.60 $ | |
Apartment (3 bedrooms) in City Centre | 2,055.09 $ | |
Apartment (3 bedrooms) Outside of Centre | 1,136.08 $ | |
Buy Apartment Price | |
|
Price per Square Feet to Buy Apartment in City Centre | 1,364.27 $ | |
Price per Square Feet to Buy Apartment Outside of Centre | 576.64 $ | |
Salaries And Financing | |
|
Average Monthly Net Salary (After Tax) | 1,404.34 $ | |
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.52 |
Cost of Living in Langfang | 38.75 miles |
Cost of Living in Tianjin | 82.60 miles |
Cost of Living in Tangshan | 117.94 miles |
Cost of Living in Qinhuangdao | 188.26 miles |
Cost of Living in Dezhou | 189.55 miles |
Cost of Living in Ulanqab | 225.59 miles |
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So instead of using the untrustworthy local currency for trading among BRICS, the value of trading should be allowed to be guaranteed with choices of gold / silver / land / etc according to the latest exchange rate of the untrustworthy local currency so that the next time the value of gold / silver / land / etc is retained for the earlier trading even if the earlier untrustworthy local currency referenced for trading were depreciated as much as 50% later just like Turkey's untrustworthy currency went through last year probably.
Anyway, the untrustworthy local currency shouldn't be accepted unless there is no concern of not getting back the same value local currency comparing to before as much as 50% loss for the Turkey's case because the untrustworthy local currency would always be depreciated much quicker than other local currencies so the security issue of the untrustworthy local currency shouldn't be ignored for the sake of financial security.