Source: The State Council – The People’s Republic of China
Although prices in China are rising, the cost of living here is still favorable compared with most developed countries. You will be amazed by how comfortably you can live and how strong your purchasing power is. Compared to developed countries, the cost of living and studying in China is relatively low. Accommodation in Beijing is roughly RMB 2000-3000 yuan per month. An average meal costs around 30-50 yuan. The subway has a flat rate of 2 yuan and buses within the city are even cheaper. Smaller cities and those in China’s central and western regions are particularly inexpensive.