I'm thinking of moving to Shanghai in 2009 for a year when I graduate high school next year and am wondering about the cost in USA dollars. Thanks.
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Cost of living in shanghai is increasing rapidly, but is still a lot cheaper to than Singapore, Hong Kong or Taipei. By 2009, 1 USD is still than more than 7 yuan. U can get a decent apartment, 75m2 , within walking distance to metro station for 3500 yuan/month. Rental of a 2 bedroom apartment, likely to be 7000 yuan per month. Rental exclude utility bills, but these expenses are rather insignificant. There are many property agents that are very professional, who can get you a place wthin your budget, for a fee of 35% of one month rent. The key problems is U have to stay away from where other expatriates live, which tend to be very expensive. Shanghai is much safer than US cities, and she is repaidly developing the metro network, so u can live slight far away from down town area. Restaurant serving local food is cheap, metro (2- 5 yuan) and bus(2 yuan flat) are mostly new and air-conditioned, but the are extremely croweded. Taxi starts 11 yuan/3 km or 14 yuan after 11pm. Unless u insist on products of international brands which are dearer that elsewhere, otherwise shanghai has everthing u ever need.
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