Economic Indicators

GDP per Capita (PPP)$27,105 (2024)
Inflation Rate0.2% (2024)
Health Spend per Capita$763 (2023)
Out-of-Pocket Health Spend32.2% (2023)
Education Spend (% GDP)4.0% (2023)
Source: World Bank Open Data

The cost of living in Nanjing is generally considered affordable, with a daily budget of $30-50 USD for backpackers, $50-100 USD for mid-range travelers, and $150-250 USD for comfort seekers.

Quick Facts

Cost LevelAffordable
Daily Budget (Backpacker)$30-50 USD
Daily Budget (Mid-Range)$50-100 USD
Daily Budget (Comfort)$150-250 USD
CurrencyCNY
Tipping Customnot expected

How Expensive Is Nanjing?

Nanjing, the capital of Jiangsu Province in eastern China, offers a unique blend of traditional and modern culture, rich history, and natural beauty. Compared to other major cities in China, such as Shanghai and Beijing, Nanjing has a relatively low cost of living. The city's affordable prices make it an attractive destination for tourists and expats alike. However, prices can vary depending on the location, with the city center tend to be more expensive than the outskirts. Overall, Nanjing provides a great balance of affordability and quality of life, making it an excellent choice for those looking to experience the best of China without breaking the bank.

In terms of global averages, Nanjing's cost of living is lower than many major cities in Asia, such as Tokyo, Seoul, and Hong Kong. However, it is still more expensive than some of its neighboring cities in China, such as Chengdu and Chongqing. Despite this, Nanjing's unique cultural and historical significance, combined with its relatively low cost of living, make it an attractive destination for travelers and expats.

Accommodation Prices

TypePrice Range (USD/night)Notes
Hostel/Budget$10-20Basic dorms and private rooms, often with shared facilities
Mid-Range Hotel$30-603-star hotels with private rooms and en-suite bathrooms
Luxury/Resort$100-2005-star hotels with high-end amenities and services
Apartment Rent (monthly)$200-500City center: $300-500, outside city center: $200-300

Food & Dining Prices

Meal TypePrice Range (USD)
Street Food / Local Eatery$3-5
Casual Restaurant$10-20
Mid-Range Restaurant (2 people)$20-30
Fine Dining$50-100
Beer (local)$2-5
Coffee$3-5
Water (1.5L bottle)$1-2

Transport Costs

TransportCost (USD)
Local bus/metro ride$0.20-0.50
Taxi (per km)$0.50-1.00
Domestic flight$50-200
Fuel (per liter)$0.80-1.20

Monthly Budget Breakdown

CategoryBudget ($)Mid-Range ($)Comfortable ($)
Rent200400800
Food3006001,200
Transport50100200
Utilities50100200
Entertainment100200500
Total7001,4002,900

Money-Saving Tips

  • Consider staying in a hostel or budget hotel, which can save you up to 50% on accommodation costs.
  • Eat at local eateries or street food stalls, which offer delicious and affordable meals.
  • Use public transport, such as buses and metro, which are cheap and efficient.
  • Avoid traveling during peak season (June to August), when prices tend to be higher.
  • Learn some basic Mandarin phrases, which can help you navigate the city and get better deals.
  • Take advantage of the city's many free or low-cost attractions, such as the Nanjing City Wall and the Xuanwu Lake.