How much money is enough for a living in China? What can one yuan buy in China? Let’s read this to find a fun way to live in this country!
In Taobao, the biggest e-commerce platform in China, you can buy some small groceries like tooth mugs, pens, hooks, or even toys with about 1 yuan, the equivalent of $0.14 at exchange rates for now.
If you choose to go shopping offline, there are more types of goods priced 1 yuan.
In first-class cities such as Beijing, Shanghai, Guangzhou, and Shenzhen, you can buy a bun or some shallots from markets or vendors.
In other cities, prices of goods are cheaper most of the time so that you can buy more things with 1 yuan. For example, a handful of vegetable, an egg, an ice-cream, even a bag of rice.
You can also take a bus or buy a newspaper with 1 yuan in several cities now.
1 Yuan in China Years Ago
A few years ago, you can buy more with 1 yuan since the price level is quite low.
40 years ago, the average price of rice is ￥0.3-0.4 per kg, and the price of meat is around ￥2 per kg, which means that you can cook and enjoy a very hearty meal for a family with only 1 yuan!
With one yuan, you can also get your hair cut for 3-4 times, or shower a couple of times. It seems that the purchasing power of one yuan was high in the 1970s in China
With the increasing price level and crazy sales promotion, it seems that no matter how much money we earn, it’s never enough for a living. But don’t forget that you can still buy some fun things with one yuan and enjoy a moment.
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