The cost of living in Beijing is on par with many of Europe's richest capitals. Mercer's Cost of Living Survey for 2024 ranked Beijing as 13th out of 226 cities, outranking other major destinations, including Paris, France, Amsterdam, the Netherlands, and Berlin, Germany.

As the cultural and political centre of China, Beijing is nearly tied with Shanghai when it comes to the high cost of living. In short, although living in China is generally more affordable than in other great economic powers, Beijing is not cheap.

This is especially true for expats who opt for a certain standard of comfort and luxury. Many often move to Beijing for lucrative salary packages, so expenses are not usually a concern.

If you can resist getting caught up in consumerism culture and can avoid the grossly inflated prices associated with Western-style goods and services, you can easily live well and save money in Beijing.


Cost of accommodation in Beijing

Accommodation in Beijing will be your largest expense if your employer is not providing housing. Property prices have seen a general increase over the years, and new arrivals will find that both buying and renting accommodation in Beijing can cost a huge amount of money.

Typically, the closer a property is to the city centre, the pricier it will be. Beijing is organised according to ring roads; the first ring road is closest to the city centre. So if the housing in a particular area is proving too expensive, house hunters should move their search towards the periphery.

You should also anticipate paying for utilities in Beijing. Although monthly costs vary according to consumption, electricity and water are not exorbitant.

Finding Accommodation in Beijing
Best Neighbourhoods in Beijing


Cost of transport in Beijing

Beijing has a well-established transport network connecting every nook and cranny of the city. Some of the transport options in the city include the subway, taxis, buses, and shared bicycles. While public transport is ubiquitous in Beijing, its cost can vary significantly depending on the mode and destination. 

The subway is the most cost-effective way to travel in Beijing, with fares starting at a few yuan. Taxis are readily available, but the cost can be relatively high during rush hour or peak traffic. 

Buses are also affordable, but they can be overcrowded during peak hours, which can be a less comfortable experience for some expats. Shared bicycles are a popular mode of transport among Beijing's younger expat population, and the cost can be as low as a few cents per ride.

Getting Around in Beijing


Cost of education in Beijing

If you're moving to Beijing with children, you should anticipate paying hefty tuition fees. Many foreigners prefer to enrol their children in one of the international schools in Beijing, and tuition at these institutions is famously expensive.

Although international schools are associated with high fees, educational standards and facilities at these schools are often excellent and considered better than in public schools. As such, most parents consider the cost well worth it. 

You would do well to try to negotiate an education allowance into your contract. Alternatively, one of the city's private bilingual Chinese schools could be a more affordable option.

Education and Schools in Beijing
International Schools in Beijing


Cost of groceries in Beijing

Despite the high cost of housing and education, food is relatively cheap in Beijing – including good quality food. If you enjoy making meals in your kitchen, buying groceries in the fresh market and whipping up something special can cost next to nothing.

The cost of food will be significantly higher if you rely on Western food and rarely eat local Chinese meals. Many items considered staples in a Western diet, such as cheese and bread, are uncommon in Chinese eating. These items will only be available at international supermarkets targeting expats.


Cost of entertainment and eating out in Beijing

Beijing's lifestyle has plenty to offer expats, from hiking along the Great Wall of China and diverse shopping experiences to partying the night away at one of the city's many nightlife spots. Depending on your budget, it's easy to have a low-cost day out haggling at one of Beijing's markets and visiting hole-in-the-wall bars. 

If you have more room in your budget, you can visit Beijing's more touristy areas for more luxury shopping and nightlife experiences. It's also possible to enjoy a day out at one of the city's parks at no cost. Parents will also find many amusement parks and museums at relatively reasonable prices. 

Eating out on a budget in Beijing is possible, and most expats prefer this over cooking at home. Of course, there are many five-star places that can quickly deplete your budget, but a meal in a decent restaurant can be quite reasonably priced. For new arrivals who are brave enough, the best and cheapest food often comes from backstreet restaurants.

Shopping, Activities, Attractions, Dining and Nightlife in Beijing


Cost of healthcare in Beijing

As Beijing is a large metropolis, you will likely have access to excellent healthcare in the city. Some public hospitals in Beijing have international wings catering to the expat population. Healthcare services in public facilities will be more affordable than in private hospitals. 

You must secure private health insurance whether you choose public or private healthcare. While some expat employers may offer this as part of the relocation package, others may not. This will become an additional expense you must account for in your budget. You can shop around to ensure you receive the most comprehensive coverage at the lowest price possible.

Healthcare and Health Insurance in Beijing


Cost of living in Beijing chart

Prices may vary across China, depending on the product and service provider. The list below shows average prices for Beijing in December 2024.

Accommodation (monthly rent)
Three-bedroom apartment in the city centreRMB 16,000
Three-bedroom apartment outside the city centreRMB 8,200
One-bedroom apartment in the city centreRMB 7,400
One-bedroom apartment outside the city centreRMB 4,200
Food and drink
Dozen eggsRMB 16
Milk (1 litre)RMB 14
Rice (1kg)RMB 11
Loaf of white breadRMB 10
Chicken breasts (1kg)RMB 24
Pack of cigarettes (Marlboro)RMB 25
Eating out
Three-course meal for two at a mid-range restaurantRMB 200
Big Mac MealRMB 41
Coca-Cola (330ml)RMB 4
CappuccinoRMB 28
Bottle of beer (local)RMB 10
Utilities/household
Mobile phone monthly plan with calls and data RMB 68
Internet (uncapped ADSL or cable – average per month)RMB 100
Basic utilities (average per month for a standard household)RMB 400
Transportation
Taxi rate/kmRMB 2.45
City-centre public transport fareRMB 5
Gasoline/petrol (per litre)RMB 8.30

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