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Cost of Living in Ningbo, China

By Joshua Wood, LPC

Last updated on Feb 20, 2023

Summary: The cost of living in Ningbo, China is generally considered to be quite affordable. A nice 1 bedroom apartment in Ningbo can cost anywhere from $400 to $600 per month, while a nice 2 bedroom apartment can cost from $600 to $800 per month. The cost of dinner at a moderately priced restaurant in Ningbo is usually around $10 to $15 per person.

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Is the cost of living in Ningbo high?

We asked people how much they someone comfortably live on in Ningbo, they wrote:

"The cost of living in Ningbo is generally considered to be quite affordable compared to other cities in China. While housing costs can be slightly higher than average, the cost of everyday necessities such as food and transportation are quite reasonable. Groceries are generally inexpensive and the overall cost of living is fairly low for a major city, making it a great option for expats and locals alike," wrote a person living in Ningbo, China.

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Will I save money living in Ningbo?

"Living in Ningbo compared to the United States can provide significant savings in cost of living. Rent is generally much lower and food costs are also lower in Ningbo than in the US, as are utilities, transportation and other everyday expenses. Healthcare costs tend to be lower in China as well, making it a great way to make both an adventurous move and a economical one," explained one expat living in Ningbo, China.

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What is the average cost of housing in Ningbo?

If you are thinking about moving to Ningbo, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The cost of housing in Ningbo varies greatly depending on the area and type of property. Generally speaking, housing in Ningbo is comparatively more affordable than many other major cities in China, with prices ranging from around 2,000 yuan per month for a basic one-bedroom apartment to around 10,000 yuan per month for a high-end luxury villa," wrote a person living in Ningbo, China.

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What are typical rental prices for expats in Ningbo?

"The rental price for a nice 1 bedroom apartment in Ningbo can vary depending on the location and amenities, but generally ranges from around $400 to $800 per month. For a nice 2 bedroom apartment, the rental price can range from around $600 to $1,200 per month," said one expat living in Ningbo.

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What appliances are typically included in a rental?

We asked foreigners in Ningbo what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"In a rental property in Ningbo, tenants can typically expect to find a refrigerator, washing machine, air conditioner, and water heater. Other common appliances may include a microwave, oven, and range. Depending on the property, tenants may also find a television, internet router, and other electronic devices," said one expat living in Ningbo.

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About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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