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Sign up with Google Sign up with FacebookQ: Has your salary kept up with the cost of living in China?
In my future plans I will be spending more time in China every year. I know there are many posters on here who have been in China a number of years. How much has the cost of living risen in that time? I know that official figures are available, but I am after more practical and anecdotal info. What about your salary? Has it kept pace? What do you think things will be like price wise in 5 years time?
Yeah, although more experience, moving to a somewhat richer city, and being better at negotiating probably has helped that. My salary is slightly more than double what it was three years ago.
I live in Shanghai where it is now the 25th consecutive month of prices increasing for even basic things (food, electricity, water, etc). Over the past year, my salary has increased exactly 0%.
So no. My salary has not kept up with increases.
Since I've been here Snow beer has gone up 5jiao a bottle, pork is gone from 22rmb kg to 32 rmb a kg, my pay has gone up, but now with this pension thing my pay will go down. So in reality things are getting more expensive. I still save money though.
kchur:
Holy crap, where are you? I'm still paying three, and I'm in expensive Zhejiang.
Njord:
HOLY phuck! In Guangzhou, the price is between 14RMB and 15RMB for a KG! Are you wearing your "screw me, I'm a foreigner" t-shirt?
Alex66:
I am paying 2.5 rmb for snow not 5rmb, pork is expensive here in Zhejiang, read china daily. I know the guys and gals that sell it and they don't rip me off as I have been here for nearly four years! Less farmers, more demand = higher price!
I've moved up the salary chain since coming to China a couple years ago and more than doubled my first job's monthly earnings. BUT I changed jobs twice. I'm still POed about this pension bs though.
What worries me, is the kind of Chinese we're allowing into our country. I don't mind the smart, hard-working, educated ones... even the uneducated but not ignorant turds are okay. But, the amount of shyster scumbags moving to Canada to "invest" is something our government needs to seriously start looking at.
My salary hasn't increased much in the three years I've been here, though neither have the prices in my small city.