What is a good monthly salary in Shanghai?

What is a good monthly salary in Shanghai?

According to the latest statistics from the Shanghai government, the average monthly wage in 2018, after deducting tax and social welfare contributions, was 7,200 yuan ($1,047).

What is considered a high salary in China?

Those on salaries of 2,000 to 5,000 yuan (US$295 to US$740) a month were deemed “middle income”, while a “relatively high” monthly income was 5,000 to 10,000 yuan (US$740 to US$1,480). Anyone earning more than 10,000 yuan a month was in the “high income” group.

What is high income in Shanghai?

The highest paid Shanghai are Compliance, AML, KYC & Monitoring professionals at $698,000 annually. The lowest paid Shanghai are Data professionals at $27,000.

How much do people make in Shanghai?

Average Salary / Shanghai. Average salary in Shanghai is 396,102 CNY per year. The most typical earning is 109,777 CNY. All data are based on 839 salary surveys.

What is the average expat salary in Shanghai?

$202,200 last year
The average annual income of expats in Shanghai was $202,200 last year, more than double the global average and much higher than other Asian cities like Hong Kong, Singapore and Tokyo, according to the 2017 Expat Explorer survey by HSBC that was released on Tuesday.

How much do I need to live in Shanghai?

Summary about cost of living in Shanghai, China: Family of four estimated monthly costs are 2,744$ (17,558¥) without rent. A single person estimated monthly costs are 740$ (4,736¥) without rent. Shanghai is 47.10% less expensive than New York (without rent).

What is a good salary in Beijing?

Average Salary in Beijing, China The average salary in Beijing is considerably high, currently at around RMB 9000, or slightly below USD 1350.

Is life in Shanghai Good?

Shanghai is a very safe place to live as an expat. It was ranked one of the safest cities in China because of its low crime rates. While most crimes are limited to pick-pocketing and minor thefts on public transport, expats are advised to keep to well-lit areas of the city at night.

Is it expensive to live in Shanghai?

Summary about cost of living in Shanghai, China: Family of four estimated monthly costs are 2,748$ (17,556¥) without rent. A single person estimated monthly costs are 741$ (4,732¥) without rent. Shanghai is 46.92% less expensive than New York (without rent).

How much is a house in Shanghai?

In 2020, the price for new residential property in Shanghai’s inner ring was over 118 thousand yuan per square meter. Within one year, the house price increased by 8,000 yuan per square meter. In early 2021, local authorities introduced legislation to stabilize the market.

Is Shanghai expensive to live?

Shanghai is the most expensive city in China. And according to Mercer Cost of Living Survey 2020, Shanghai, China is the 7th most expensive city in the world to live in with Beijing sitting on the 10th.

What is the average income in Shanghai?

Shanghai’s urban residents, with an average disposable income of 40,188 yuan (US$6,379) last year, earned the most among China’s 21 provincial areas that have posted their income growth, according to the latest data.

What is the average income in Hawaii?

With average annual income in Hawaii at $56,889, the state’s average debt-to-income ratio is 43 percent more than residents of Michigan, the state with the lowest debt-to-income ratio.

How is the salary in Shanghai?

The average hourly wage (pay per hour) in Shanghai is 150 CNY. This means that the average person in Shanghai earns approximately 150 CNY for every worked hour. Hourly Wage = Annual Salary ÷ (52 x 5 x 8) The hourly wage is the salary paid in one worked hour.