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Q: Living on 12,500 RMB in Beijing?

Hi, I have a job in Beijing on the salary of 12,500 RMB per month.

 

Taking off that, I need to pay tax on my salary ofcourse, and fund an apartment and rent. Do you think this is a forseeable amount to live in Beijing for? I hoped that I might be able to save a little bit each month too in order to pay back my loans, etc.

5 years 31 weeks ago in  Money & Banking - Beijing

 
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12,500RMB in Beijing is a little on the low side. Rent is a killer. Tax won't be much. But if you forget going to bars, having western meals, dating etc, perhaps you will get by. In other words, you won't have a life. Won't be much left to save. 

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5 years 31 weeks ago
 
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Really depends how you live.  If you live the expat bubble life and only eat at expensive restaurants and bars etc. then you'll struggle.   If you cook for yourself most of the time and  don't mind going out for a meal maybe once a week, it should be enough.

Like louis said, rent will be the main problem. Depends on your standards I guess. If your goal is to save money, it can be done.  If your goal is to live the luxurious expat life then you'll struggle on 12500. Remember there are Chinese people on lower salaries with crazy mortgages, so it can be done. It's just a matter of what quality of life you want to have while in Beijing. 

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5 years 31 weeks ago
 
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