I pay 3000 Chinese RenMinBi per month for a comfortable 36 square meter studio in Shanghai. That's roughly 500 USD. I made about 31,000 RMB last month after taxes(although I'll make more in the coming months). Utilities amount to only 180 RMB or so, so that's about 10% of my income.
Thing is, my work gives me a stipend for 3000 RMB so I don't really pay much of anything in the end.
Before coming to China, I was paying $750 per month for a studio in Long Beach, CA plus basic utilities while earning $2500/month after taxes.
0% versus 30%.
Tough call there, right?
Thing is, my work gives me a stipend for 3000 RMB so I don't really pay much of anything in the end.
Before coming to China, I was paying $750 per month for a studio in Long Beach, CA plus basic utilities while earning $2500/month after taxes.
0% versus 30%.
Tough call there, right?