Cost of Living in Shenzhen

Cost of living in Shenzhen is 43.69% lower than in New York, NY Info
Our estimator (with default settings) estimate monthly expenses for a single person at 673.79$ (4,306.89¥) and for four person family at 2,429.40$ (15,528.74¥) (without rent).
Restaurants [Edit] Avg. Range
Meal, Inexpensive Restaurant 30.00 ¥ 25.00-50.00
Meal for 2 People, Mid-range Restaurant, Three-course 165.00 ¥ 100.00-300.00
McMeal at McDonalds (or Equivalent Combo Meal) 28.00 ¥ 25.00-30.00
Domestic Beer (0.5 liter draught) 6.00 ¥ 5.00-10.00
Imported Beer (0.33 liter bottle) 15.00 ¥ 10.00-30.00
Cappuccino (regular) 27.69 ¥ 20.00-30.00
Coke/Pepsi (0.33 liter bottle) 3.92 ¥ 3.00-5.00
Water (0.33 liter bottle) 2.17 ¥ 2.00-3.00
Markets [Edit] Avg.
Milk (regular), (1 gallon) 62.93 ¥ 45.42-75.71
Loaf of Fresh White Bread (1 lb) 12.81 ¥ 9.07-20.00
Rice (white), (1 lb) 4.24 ¥ 2.81-4.54
Eggs (12) 17.58 ¥ 15.00-20.00
Local Cheese (1 lb) 36.42 ¥ 18.14-72.57
Chicken Breasts (Boneless, Skinless), (1 lb) 13.48 ¥ 11.34-17.24
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 48.38 ¥ 45.36-54.43
Apples (1 lb) 7.96 ¥ 6.35-9.07
Banana (1 lb) 4.72 ¥ 4.54-5.44
Oranges (1 lb) 6.35 ¥ 4.54-7.26
Tomato (1 lb) 3.72 ¥ 2.72-4.54
Potato (1 lb) 2.81 ¥ 1.36-4.54
Onion (1 lb) 15.88 ¥ 9.07-27.22
Lettuce (1 head) 3.33 ¥ 2.00-5.00
Water (1.5 liter bottle) 3.00 ¥ 3.00-3.00
Bottle of Wine (Mid-Range) 50.00 ¥ 50.00-120.00
Domestic Beer (0.5 liter bottle) 5.25 ¥ 5.00-6.00
Imported Beer (0.33 liter bottle) 12.38 ¥ 10.00-15.00
Pack of Cigarettes (Marlboro) 18.00 ¥ 15.00-20.00
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 2.00 ¥ 2.00-4.00
Monthly Pass (Regular Price) 250.00 ¥ 100.00-280.00
Taxi Start (Normal Tariff) 13.00 ¥ 10.00-13.00
Taxi 1 mile (Normal Tariff) 4.02 ¥ 3.86-4.83
Taxi 1hour Waiting (Normal Tariff) 48.00 ¥ 36.00-60.00
Gasoline (1 gallon) 27.00 ¥ 24.61-30.28
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 150,000.00 ¥ 140,000.00-200,000.00
Utilities (Monthly) [Edit] Avg.
Basic (Electricity, Heating, Water, Garbage) for 915 sq ft Apartment 727.21 ¥ 450.00-1,062.50
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.31 ¥ 0.20-0.80
Internet (10 Mbps, Unlimited Data, Cable/ADSL) 143.82 ¥ 100.00-160.00
Sports And Leisure [Edit] Avg.
Fitness Club, Monthly Fee for 1 Adult 236.11 ¥ 150.00-350.00
Tennis Court Rent (1 Hour on Weekend) 63.33 ¥ 50.00-80.00
Cinema, International Release, 1 Seat 80.00 ¥ 50.00-90.00
Clothing And Shoes [Edit] Avg.
1 Pair of Jeans (Levis 501 Or Similar) 524.88 ¥ 300.00-800.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 281.25 ¥ 200.00-400.00
1 Pair of Nike Running Shoes (Mid-Range) 533.22 ¥ 400.00-650.00
1 Pair of Men Leather Business Shoes 580.00 ¥ 500.00-700.00
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 6,688.84 ¥ 4,500.00-8,500.00
Apartment (1 bedroom) Outside of Centre 3,710.00 ¥ 3,000.00-4,500.00
Apartment (3 bedrooms) in City Centre 14,346.35 ¥ 9,000.00-18,000.00
Apartment (3 bedrooms) Outside of Centre 6,852.94 ¥ 6,000.00-9,000.00
Buy Apartment Price [Edit] Avg.
Price per Square Feet to Buy Apartment in City Centre 6,934.38 ¥ 4,645.11-8,825.72
Price per Square Feet to Buy Apartment Outside of Centre 3,658.68 ¥ 2,787.07-4,645.11
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 10,657.46 ¥ 6,000.00-15,000.00
Mortgage Interest Rate in Percentages (%), Yearly 5.79 5.50-6.00

Prices in Shenzhen, China

These data are based on 846 entries in the past 18 months from 93 different contributors.
Last update: November, 2015
Sources and References : Info
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12 Comments so far
#alex ferdman on Oct 23, 2015 :
Ok. My 2 cents. I was not overly happy in Shenzhen but, yes, food is cheap, Walmart open every day, subway has easy access to Hong Kong and plenty of shopping except electronics.
But for my taste not much art for sale and no markets like in Singapore or Istanbul.
Plus, for a single guy it looks more complicated than Thailand which is waiting.
#Anonymous on Sep 26, 2015 :
Shenzhen is one tier city like Peking and Shanghai. It locate next to Hong Kong. So you could see a lot of Honkies buy there. The Rule of tumbs is if it take 1/2 to 1 hours reach next city, the price would drop half. If Hong Kong city can sell 15k per m square, then Shenzen can get that price. This is all because Shenzhen can have high speed train to there. So you need to know why the working people just good enough to cover their meal, accommodation and traveling expenses. You can see Tokyo is the same also. Even worker with PhD. So you need to be smart. Stay in cheap country or outskirt and work and bring back the money and safe half of your salary. Look for next booming city and used your hard earn money to invest. Hopefully by another 10-20 years, you would be another land lord property owner of next 1 tier city and you do not need to work anymore for your daily expenses. Let the youngsters like you now struggle. So Struggle hard and no complain, live thrifty and safe more. No need to produce baby first until you manage to get your first house, I mean you able to pay 50% downpayment and rest by loan ( 3 bedroom apartement). Then ask your wife stay at parents or their parent house for few year and save more while you work in the city. By the time then you work 10-20 years, you would paid off your apartment( since you rent out 2 rooms). Then you can refinance or sell and buy 2 apartment in the same area, now you can ask your wife and your teenage son live in city. Now you can partly retire and work easy job since you can get positive cash flow from your 2nd apartment. I think this scheme can work if you willing to "struggle hard first and easy would come later principle". Not like others economic terrorist complain here and there. We live in a socially order system where elders already do thier part to archive their financial freedom. So do your part and learn from the owner stories and not complain the system. By the time you get old, do you want what you earn being drain out by the system. Please learn from history eg GM retirees where their stock option drain out during crisis. I cannot promise this can work for you but you really need a discipline for 20 years planning ahead. So you just break your target to 5 years plan and once reach your target and readjust. Good luck
#Skyscraper Boy on Mar 12, 2015 :
If you live outside the special economic zone in Shenzhen you can enjoy a much better lifestyle at an affordable price.

I have been watching videos by Winston on Youtube (look up user SerpentZA) - really, it has opened up my eyes..

Shenzhen is a clean, safe and friendly city and most people live well and can save money.

This is the technology city of PRC where huge international tech companies get their smart-phones, tablets and other tech devices
built. Also, this is a manufacturing city where all sorts of products are made, not just tech.

There are many western entrepreneurs trying their luck in Shenzhen and many have chosen to live there permanently in preference to living
back in their home countries.
#Ak Yeoh on Dec 22, 2014 :
I would like to rent a 2 room apartment nearby to Foxconn. Please give advise which apartment will be better and cheaper. Any website I can refer to.
#Anonymous on Sep 17, 2014 :
Compared with Beijing, I doubt about the CPI and related data. I lived in Beijing from 2008 to 2012 and living in Shenzhen since 2012. CPI, especally food related comsumptions, Shenzhen is much cheaper than Beijing, while the service quality is much better. In fact, except that public transportation cost is much more expensive than Beijing, other living cost is cheaper than Beijing.
#Angela on May 07, 2014 :
According to the government report in 2013 July, that the Shenzhen Average Salary of 2013 is 4918, before tax.

But as you are a foreigner that expatriate to Shenzhen from your company generally your salary is much much higher. 50,000 to 25,000 monthly maybe
#Charis on May 07, 2014 :
In Shenzhen, for the normal people it is very hard to have their own apartment, normally the parents support them to buy it.
#Anonymous on Jun 22, 2013 :
PHD's Salary is about 2500 dollers here,and apartment is about 300,000 dollers,it will cost you about 10 years without eating and drinking.That is true china.for PDH
#fifafans1 on Jun 22, 2013 :
Little is extremely rich and half is unbelievable poor.
#Anonymous on May 05, 2013 :
The median salary for many people is just the base salary, not including commission. Many earn over double that amount with commission and receive large bonuses at the end of the year.
#Anonymous on Jul 09, 2012 :
Hi man, that is China, forgot the average salary, someone is extremely rich and some is unbelievable poor.
#Anonymous on May 28, 2012 :
Does not make ANY SENSE if Median Monthly Disposable Salary (After Tax) is 450, interest rate 10.5% and price per sq meter is around 2100 dollar. How small are those apartments? If they are 50, the price is 100,000 or so, with average salary 450, and 10% interest rate = never able to pay off apartment.

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