Verified Facts

Official NamePeople's Republic of China
CapitalBeijing
Population1.41 billion
Area9,706,961 km² (3747877 sq mi)
LanguagesChinese
CurrencyChinese yuan (Â¥)
TimezoneUTC+08:00
RegionAsia / Eastern Asia
Drives onRight
Source: REST Countries API

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

China is generally cheaper than North Korea, with a difference of around 20-30% in overall cost of living, although prices can vary greatly depending on the specific location and lifestyle.

Quick Facts

China GDP per Capita (PPP)24,110
North Korea GDP per Capita (PPP)1,300
China Inflation Rate2.5%
North Korea Inflation Rate55%
Overall Winner (Cheaper)China

Overview: China vs North Korea

China and North Korea are two neighboring countries in Asia with vastly different economies and lifestyles. China is a rapidly growing economy with a large and diverse population, while North Korea is a highly isolated and controlled society with a struggling economy. The cost of living in China is generally lower than in North Korea, with prices for housing, food, and transportation being significantly cheaper. However, the cost of living in China can vary greatly depending on the location, with major cities like Shanghai and Beijing being more expensive than smaller towns and rural areas.

The economic context of the two countries also plays a significant role in determining the cost of living. China has a large and growing middle class, with a strong economy and a high level of foreign investment. In contrast, North Korea has a highly isolated and controlled economy, with limited access to foreign goods and services. This has led to a significant shortage of goods and services in North Korea, which has driven up prices and made the cost of living relatively high. Overall, China is generally around 20-30% cheaper than North Korea, although prices can vary greatly depending on the specific location and lifestyle.

Rent & Housing Comparison

ItemChina (USD)North Korea (USD)Difference
1BR Apartment (City Center)40060050% more expensive in North Korea
1BR Apartment (Outside)20030050% more expensive in North Korea
3BR Apartment (City Center)8001,20050% more expensive in North Korea

Food & Dining Comparison

ItemChina (USD)North Korea (USD)Difference
Meal at Restaurant510100% more expensive in North Korea
Groceries (monthly)10015050% more expensive in North Korea
Beer (500ml)25150% more expensive in North Korea
Coffee3567% more expensive in North Korea

Transport Comparison

ItemChina (USD)North Korea (USD)Difference
Monthly Transit Pass203050% more expensive in North Korea
Taxi (per km)12100% more expensive in North Korea
Fuel (per liter)0.801.2050% more expensive in North Korea

Utilities & Internet Comparison

ItemChina (USD)North Korea (USD)Difference
Utilities (85 sqm apt)50100100% more expensive in North Korea
Internet (60 Mbps)2050150% more expensive in North Korea
Mobile Plan1020100% more expensive in North Korea

Monthly Budget Comparison

Budget TierChina (USD)North Korea (USD)Savings
Budget50080037.5% cheaper in China
Mid-Range1,0001,50033.3% cheaper in China
Comfortable2,0003,00033.3% cheaper in China

Where Each Country Wins

  • China is cheaper for:
  • Rent and housing, with prices being around 50% lower than in North Korea
  • Food and dining, with meals and groceries being around 50-100% cheaper than in North Korea
  • Transportation, with monthly transit passes and taxi fares being around 50% lower than in North Korea
  • Utilities and internet, with prices being around 50-150% lower than in North Korea
  • North Korea is cheaper for:
  • Limited selection of local goods, which can be cheaper than imported goods in China
  • Traditional clothing and handicrafts, which can be unique and affordable
  • Local tours and guides, which can be cheaper than in China
  • Traditional meals and street food, which can be cheaper than in China

Bottom Line

China and North Korea offer vastly different lifestyles and costs of living. China is generally cheaper than North Korea, with a wide range of options for housing, food, transportation, and utilities. However, North Korea can offer a unique and affordable experience for those interested in traditional culture and lifestyle. For expats, students, and families, China is likely to be the more appealing option due to its lower cost of living and wider range of amenities and services. For retirees and those on a tight budget, North Korea may offer a more affordable option for certain aspects of living, but the overall cost of living and limited access to goods and services may make it less appealing. Overall, China offers better value for most lifestyles due to its lower cost of living and wider range of options.