Living in Shanghai

Shanghai Pacican Academy does not provide accommodations. A furnished one-bedroom apartment (including refrigerator, air-conditioner, washing machine, stove, table, chairs, bed, and bathroom) costs RMB1,500 - 2,500 as a monthly rent on average.

As regarding the tax rate in China, a teacher with a monthly gross income of RMB11,000 (26 periods of classes per week) will pay RMB865 as tax, an income of RMB14,385 (34 periods of classes per week) will incur RMB1,524 as tax.

An example of the monthly income and living costs of a typical full-time English teacher at Shanghai Pacican Academy:

Income(+) (30 periods of classes per week)	RMB ¥12,692
Commute allowance(+)	¥ 150
Tax(-)	¥ 1,203
Rent(-) (one-bedroom apartment)	¥ 2,000
Food/Grocery(-)	¥ 1,000
Utilities(-) (water, gas, electricity)	¥ 350
High-speed internet(-)	¥ 100
Cellular phone(-)	¥ 150
Miscellaneous(-)	¥ 3,000
Savings at the end of the month	RMB ¥ 5,039 = US $ 741 @ US $1.00 = RMB ¥6.8

The average monthly income per capita in urban Shanghai is RMB2,224 (US$327)
in 2008 as per news.xinhuanet.com.

Some illustrations of purchasing power of RMB in China:

A standard lunch-box with vegetables, meat and rice:	RMB ¥ 5.00 – 8.00 = US $ 0.74 – 1.18
A can of Tsing-Tao beer:	RMB ¥ 4.00 – 4.50 = US $ 0.59 – 0.66
A pack of Marlboro cigarettes (20 pieces):	RMB ¥ 7.00 – 15.00 = US $ 1.00 – 2.2

No sales tax applies in China.

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