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Top 10 most expensive Chinese cities to live in (Jan 2011)

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According to a monthly survey by China Index Academy, which tracks changes in home prices in 100 Chinese cities, the average price of residential homes in January is 8,645 yuan (US$1,316) per square meter, up 0.95 percent than in December.

Among the 100 cities surveyed, Shenzhen topped the list with the highest home prices at 25,004 yuan (US$3,806) per square meter in January, followed by Shanghai at 23,478 yuan (US$3,573), Beijing at 22,650 yuan (US$3,456).?

Here is the list of the top 10 cities with the highest average home prices:

Ranking

City

Average home price (RMB/sq m)

Month-on-month change

1

Shenzhen

25,004

0.41%

2

Shanghai

23,478

0.74%

3

Beijing

22,650

0.51%

4

Hangzhou

20,762

0.93%

5

Sanya

19,262

0.23%

6

Wenzhou  

16,081

0.93%

7

Guangzhou  

14,944

2.54%

8

Ningbo  

13,873

0.53%

9

Fuzhou

12,329

0.33%

10

Nanjing

12,215

1.67%

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