Not expensive. Official website of Haikou University of Economics shows that the monthly meal fee of 600 yuan is within the consumption level of normal college students, which is not expensive. Haikou Institute of Economics is located in Haikou City, Hainan Province, referred to as "Haijing". It is a multi-disciplinary full-time general undergraduate college with economics and management as its major and the coexistence of arts, science, engineering and arts. It is the first independent private undergraduate college in Hainan Province.