China, Shenzhen

Country Full Name: People's Republic of China.

Location: China is in Eastern Asia, bordering the East China Sea, Korea Bay, Yellow Sea, and South China Sea, between North Korea and Vietnam.

Country Climate: Extremely diverse; tropical in south to subarctic in north.

Country Terrain: Mostly mountains, high plateaus, deserts in west; plains, deltas, and hills in east.

Major Languages: Mandarin Chinese.

Major Religions: Buddhism, Christianity, Islam, Taoism.

Population: 10.4 Mil (2012 est.).

Country Economy: The economy of the People's Republic of China is a rapidly developing and influential market economy. China is the one of the worlds largest economies. China has had the fastest-growing major economy for the past 30 years with an average annual GDP growth rate above 10%. China's per capita income has likewise grown at an average annual rate of more than 8% over the last three decades drastically reducing poverty.

Currency: Chinese Yuan Renminbi (CNY). Make an international currency transfer to China.

Inflation: 4.2% (2011 est.).

Shenzhen is a city of sub-provincial administrative status in southern China's Guangdong province, situated immediately north of Hong Kong.

Shenzhen is a major manufacturing centre in China and is home to some of China's most successful high-tech companies. Shenzhen's economic output is ranked fourth among Chinese cities after Beijing, Shanghai and Guangzhou.

The cost of living in Shenzhen in China is in the middle compared to other places. The overall cost of living is determined using the prices for defined quantities of the same goods and services across 13 Basket Groups. Shenzhen in China is currently ranked 394 overall out of 780 places (rank 1 is most expensive: rank 780 is least expensive). The cost of living rank for each of the 13 Basket Groups is as follows:

Alcohol & Tobacco costs are average compared to other places for items such as alcohol at a bar, beer, locally produced spirit, whiskey, wine (where alcohol is legally sold) and tobacco related products. There are 439 places that are more expensive, and 340 places that are less expensive for alcohol and or tobacco.

Clothing costs are high compared to other places for items such as business suits, casual clothing, children's clothing, coats, evening wear, footwear, hats, shoe repairs and underwear. There are 161 places that are more expensive, and 618 places that are less expensive for clothing.

Communication costs are very high compared to other places for various communication costs such as call charges, home telephone rental, internet connection, mobile data costs, mobile phone contract and service provider fees. There are 42 places that are more expensive, and 737 places that are less expensive for communication.

Education costs are low compared to other places for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. There are 486 places that are more expensive, and 293 places that are less expensive for education.

Furniture & Appliance costs are high compared to other places for items such as DVD player, fridge freezer, furniture, household equipment, iron, kettle, light bulbs, microwave, television, toaster, vacuum cleaner and washing machine. There are 218 places that are more expensive, and 561 places that are less expensive for furniture and appliances.

Grocery costs are very low compared to other places for items such as baby consumables, baked goods, baking, canned foods, cheese, cleaning materials, cleaning products, dairy, fresh fruits, fresh vegetables, fruit juices, meat, oil & vinegars, pet food, pre-prepared meals, sauces, seafood, snacks, soft drinks, spices & herbs. There are 637 places that are more expensive, and 142 places that are less expensive for groceries.

Healthcare costs are low compared to other places for general healthcare, general practitioner consultation rates, healthcare/medical insurance, hospital private ward daily rate and non-prescription medicine. There are 512 places that are more expensive, and 267 places that are less expensive for healthcare.

Household Accommodation costs are high compared to other places for items such as accommodation, apartment, flat, house, villa, rent, electricity, household fuels, household gas, water, and local property rates / residential taxes / levies. There are 176 places that are more expensive, and 603 places that are less expensive for household accommodation.

Miscellaneous costs are average compared to other places for items such as dry cleaning, general goods, general services, linen, magazines, maid, newspapers, office supplies, postage stamps and stationery. There are 410 places that are more expensive, and 369 places that are less expensive for miscellaneous items.

Personal Care costs are average compared to other places for items such as cosmetics, hair care, moisturizer, nappies, pain relief tablets, shampoo, soap, sun block, toilet paper and toothpaste. There are 400 places that are more expensive, and 379 places that are less expensive for personal care.

Recreation and Culture costs are very low compared to other places for items such as books, camera, cinema tickets, fitness/health club membership, sports goods and theatre tickets. There are 717 places that are more expensive, and 62 places that are less expensive for recreation and culture.

Restaurants, Meals Out and Hotel costs are very low compared to other places for items such as a business dinner, dinner at a family restaurant (non fast food), 4 star and 5 star hotel rates and take away meal (fast food). There are 705 places that are more expensive, and 74 places that are less expensive for restaurants, meals out and hotels.

Transport costs are low compared to other places for items such as car hire purchase, car insurance, car lease, car maintenance, car rental, car service, diesel, petrol, tyres and public transport. There are 579 places that are more expensive, and 200 places that are less expensive for transport.

Personalized cost of living indexes for Shenzhen in China are based on the basket groups and comparison location(s) selected in the Calculators.

In terms of the hardship people are likely to experience, assessed in global terms, Shenzhen in China is ranked as high degree of hardship with a hardship index of 30%.

Personalized hardship index premiums for Shenzhen in China are based on the comparison location(s) selected in the Calculators.

Note: Xpatulator.com data is updated quarterly. The latest update is as at 1 April 2012. Create a personalized cost of living comparison report using the calculators:
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