Is consumption high in Hangzhou?

Consumption levels in Hangzhou, Zhejiang are generally higher.

Income is the basis and prerequisite for consumption. The high level of consumption in Hangzhou, Zhejiang is mainly due to the rapid development of local industries and the high income and salary of residents.

1. The more disposable income people currently have, the greater their total consumption of goods and services.

2. Residents’ consumption level not only depends on current income, but also is affected by future income expectations.

3. The overall level of social consumption is closely related to the size of people’s income gap.

4. Catering: Generally, the per capita price of a dinner is between 50-80 yuan. The per capita price of high-end restaurants such as Louwailou and Zhiweiguan is generally more than 100 yuan. If you choose pasta, fried food, etc. Snacks can be purchased for about 20-30 yuan.

5. Hangzhou is a new first-tier city. The scenery in Hangzhou is also very beautiful, such as the West Lake in Hangzhou, and the prices in Hangzhou are also very high. For example, renting a house in Hangzhou is very expensive, but food is not expensive, so It is said that Hangzhou is a good place for tourism, so the standard of daily life in Hangzhou is very high.