In terms of overall cost of living, Europe tends to be more expensive than China. This is particularly evident in major cities like London, Paris, and Stockholm, where the cost of housing, transportation, and daily expenses is significantly higher than in comparable Chinese cities such as Beijing or Shanghai. According to the Expatistan Cost of Living Index, as of 2021, the cost of living in major European cities is often 20-30% higher than in Chinese cities. Additionally, the European Union's high minimum wage standards and the strong purchasing power of the Euro contribute to higher prices across the continent. For instance, a monthly rent for a one-bedroom apartment in Paris is approximately $1,800, while in Beijing, it is around $700. Similarly, the price of groceries, dining out, and public transportation is generally higher in Europe. However, it's important to note that costs can vary greatly within each region, and some European countries, like Poland or Romania, may offer a more affordable lifestyle compared to Western European nations.