Week 8: Cost Breakdown!
Okay 8 weeks in let's get down to business, how much money have I spent and where. First of all, there is the tuition which was base of $5,205 which includes housing and tuition for 3 months in addition to various trips that were planned by IPE. Through the trips, they likely spend a decent amount of money. However, I got a scholarship for $3,500 which most people in the program got if not more. The most pricy part of the program was probably the plane tickets which was approximately $2,000 for a round trip. Since coming to China, I’ve spent ~12,000RMB (1,500 USD). Here is a breakdown of my other expenses and how far everything can go.
In the first week, I spent a lot of my money on various dorm necessities like toilet paper, trashbags, and miscellaneous expenses. In total, it added up to approximately $300RMB (40USD) which is fairly cheap for all the little purchases that added up. Here is the rest of the breakdown for the past 8 weeks.
Utilities/Essentials: 504 RMB (68.85USD)
This includes hot water which we need to pay for separately which isn’t too bad since it is so hot I don’t end up using the hot water much and this also includes laundry which I do often because the hot weather makes me sweat through all my clothes at a lighting pace.
Food: 2043.18 RMB (279.12 USD)
This is crazy cheap considering I only eat out and I don’t pay attention to my food budget whatsoever (before I decided this blog was going to be a cost report). However, this is just my actual meals, I summed my snacks/drinks separately.
Snacks/Drinks: 1469 RMB (209.86 USD)
How have I spent almost the same amount on snacks and drinks as real food? I am ashamed but also it is so easy to buy snacks here and there when there is a convenience store everywhere (including in our dorm) and each snack is approximately 1 USD but those costs can add up for sure.
Shopping: 2964.3 RMB (404.92 USD)
It is sooo easy to spend so much on clothes when everything here is so cheap and cute. I also have been buying gifts and souvenirs for friends and family back home but I think I definitely need to reel in my shopping addiction.
Experiences: 1261.56 RMB (180.14 USD)
This includes fees and transportation for miscellaneous activities such as watching Inside Out 2 (which was really good), doing an escape room, going to a gaming cafe, or exploring downtown. This I would say was all 100% worth it.
Solo Trip: 3290 RMB (449.45 USD)
A few weeks ago, I went on a 4-day solo trip around Shanghai to Hangzhou and Nanjing. I ended up spending 449.45 USD for the train tickets which were approximately 120 RMB (17 USD) each and for the hotel rooms which were 340 RMB (48 USD) per night. Although, my friend who took a solo trip to Chongqing only spent 150 RMB on a hotel so it can definitely vary a lot. It was definitely worth the experience and you can definitely solo travel for even less money too!
Hopefully this helps put in perspective what studying abroad means in regards to money. To be honest, I have not been the most careful with money, because my parents have money in RMB that they won’t be using anytime soon. Regardless, hopefully my breakdown was helpful!
See ya next week!
Erin Xia
Mechanical Engineering
Shanghai Jiao Tong University Joint Institute













