Cost of living in Hefei
Hefei, the capital of Anhui Province in China, is a rapidly growing city known for its rich history and modern development. Understanding the cost of living in Hefei is crucial for anyone considering moving to or doing business in this vibrant city.
This guide provides a detailed breakdown of the cost of living in Hefei, covering essential categories such as dining, groceries, transportation, housing, and utilities. Whether you're planning to relocate or just curious about the city's expenses, this overview will offer valuable insights.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $3.10 on average, with a range between $2.07 and $5.52.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $18.63, with prices ranging from $13.80 to $34.50.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $5.11, with a range between $4.83 and $5.52.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $0.55 to $4.14, imported beer $1.38 to $3.73, cappuccino $2.07 to $4.83, and Coke/Pepsi $0.41 to $0.69.
Grocery Prices
- Milk - Milk is priced between $1.10 and $1.82 per liter, averaging $1.69.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.24 and $2.76, with an average price of $1.73.
- Eggs (Dozen) - A dozen eggs range from $0.99 to $2.48, averaging $1.99.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.10 to $2.07 per kg, while oranges range from $0.83 to $1.66 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.41 and $0.83 per kg, and lettuce costs $0.28 to $0.83 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $0.41 and $0.55.
- Fuel (Gasoline) - Gasoline is priced between $1.10 and $1.23 per liter.
- Taxi Fares - Taxi fares start at $1.24, with a cost of $0.28 per km and $2.48 to $4.14 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $275.97.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $165.58 to $317.36, averaging $239.17.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $551.94.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $386.36.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $3449.61 to $3863.56, averaging $3656.58.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $1655.81 to $3173.64, averaging $2083.95.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $34.50 and $68.99, averaging $50.59.
- Internet - Internet services range from $6.90 to $22.08, with an average cost of $15.52.
Cost of Living Rankings
The cost of living indices for China are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in China, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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Salaries And Financing
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"Key Takeaways"
Hefei offers a relatively affordable cost of living compared to many other major cities in China. Dining out is inexpensive, with a variety of options available for different budgets.
Housing costs are quite reasonable, especially outside the city centre, making it an attractive option for those looking to save on rent.
Transportation is very affordable, with low costs for public transport and fuel, which can significantly reduce monthly expenses.
Conclusion
In conclusion, Hefei presents a cost-effective living environment with affordable housing, dining, and transportation options. This makes it an appealing choice for both locals and expatriates.
Whether you're planning to move to Hefei for work, study, or retirement, understanding the cost of living will help you budget effectively and make the most of what the city has to offer.