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Shenzhen Living Costs Analysis
Jun 9, 2024
Analysis of Living Costs for Average People in Shenzhen
Background
In 1979, an elder drew a circle in Shenzhen, marking the beginning of its rapid development
Transformed from a small fishing village to a major hub for the internet economy
Shenzhen’s motto: Once you come, you are a Shenzhen person
Overview of Shenzhen
Shenzhen is divided into 10 districts
Luohu: Old commercial center
Futian: New financial commercial center
Nanshan: Hub for internet and tech companies
Bao'an, Yantian: Areas on both sides of Shenzhen
Longgang, Longhua: Traditional industrial clusters
Dapeng New District, Pingshan, Guangming: Other areas
Living Costs
Dining
Breakfast in commercial centers is more expensive, buns cost 3 yuan, noodles around 10 yuan
Dining in urban villages is cheaper, with the same meals priced lower
Breakfast: Buns 3 yuan, noodles around 10 yuan
Housing
Housing prices in Shenzhen are very high, with many people living in urban villages
Approximately 10 million people live in Shenzhen’s urban villages
Rent for a single room in an urban village is about 2000 yuan/month
Hotel-style apartments: Monthly rent around 4000 yuan
Transportation
Metro: From the airport to the city center 5 yuan
Didi ride prices: Within 5 km 10-20 yuan
Buses and shared bikes are also convenient
Shopping and Consumption
Supermarket prices: Mushrooms 10 yuan/3 packs, enoki mushrooms 2 yuan/pack
Income Situation
Average monthly salary: 16,000 yuan
Business, finance, and investment: 20,000-30,000 yuan or more
Regular workers: About 10,000 yuan
Conclusion
Basic living expenses in Shenzhen are about 10,000 yuan/month
High-income people live in commercial areas and eat out
Average people live in urban villages and cook at home to save money
Prices have risen somewhat before and after the pandemic
Audience Interaction
Invite the audience to leave comments discussing their perceptions of living costs in Shenzhen
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