HKD to CNY Travel Money Compared

Currency Guide for China (CN)

When planning a mid-range trip to China for a week, travelers should budget around CNY 4,500 to CNY 6,500 (approximately USD 640 to USD 900). This amount accounts for various daily expenses that balance comfort and local authenticity. Here's a quick snapshot of typical costs you'll encounter:

• 🍜 Meal at a local restaurant: CNY 60

• ☕ Coffee at a café: CNY 30

• 🚍 Public transport fare: CNY 3–CNY 30 (depending on distance)

• 📱 Prepaid SIM card: CNY 100

• 🏨 Budget hotel or Airbnb: CNY 300–CNY 800 per night

Overall, traveling in China can be categorized as relatively affordable. Compared to the United States, where a similar mid-range trip might spike costs, travelers can enjoy greater savings in China. Costs may be more comparable to Australia, where expenses for dining and accommodation tend to be higher than in China but not as steep as in the U.S.

Expat Living Costs in China

For expatriates settling in China, the typical monthly living costs can range from CNY 10,000 to CNY 15,000, depending on lifestyle choices and location. Major cities like Beijing and Shanghai tend to be on the pricier side, whereas smaller cities can be much cheaper. When it comes to banking, international cards like Visa and MasterCard are widely accepted in urban areas, but it is advisable to have a local payment method such as Alipay or WeChat Pay for seamless transactions. For sending and receiving money, using online transfer services like Wise or OFX can often yield better exchange rates and lower fees compared to traditional banks. Additionally, it's generally more cost-effective to exchange currency locally rather than withdrawing funds from international ATMs or using your home bank, as this can incur hefty fees.