Cost of Living Comparison Between Shanghai and Shenzhen 
| Indices Difference |  |
|---|---|
| Cost of Living in Shenzhen is 9.3% lower than in Shanghai (without rent) | |
| Cost of Living Including Rent in Shenzhen is 18.7% lower than in Shanghai | |
| Rent Prices in Shenzhen are 32.9% lower than in Shanghai | |
| Restaurant Prices in Shenzhen are 12.8% lower than in Shanghai | |
| Groceries Prices in Shenzhen are 5.9% lower than in Shanghai | |
| Local Purchasing Power in Shenzhen is 29.4% higher than in Shanghai | |
Restaurants | Shanghai Edit |
Shenzhen Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 32.50 ¥ | 25.00 ¥ | -23.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 250.00 ¥ | 200.00 ¥ | -20.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 38.00 ¥ | 40.00 ¥ | +5.3 % |
| Domestic Beer (1 pint draught) | 10.00 ¥ | 8.00 ¥ | -20.0 % |
| Imported Beer (12 oz small bottle) | 20.00 ¥ | 28.00 ¥ | +40.0 % |
| Cappuccino (regular) | 26.47 ¥ | 24.52 ¥ | -7.4 % |
| Coke/Pepsi (12 oz small bottle) | 3.80 ¥ | 3.64 ¥ | -4.1 % |
| Water (12 oz small bottle) | 2.26 ¥ | 2.45 ¥ | +8.5 % |
Markets | Shanghai Edit |
Shenzhen Edit | |
| Milk (regular), (1 gallon) | 69.20 ¥ | 57.55 ¥ | -16.8 % |
| Loaf of Fresh White Bread (1 lb) | 13.02 ¥ | 13.78 ¥ | +5.9 % |
| Rice (white), (1 lb) | 3.54 ¥ | 3.59 ¥ | +1.3 % |
| Eggs (regular) (12) | 12.75 ¥ | 14.75 ¥ | +15.7 % |
| Local Cheese (1 lb) | 56.79 ¥ | 40.30 ¥ | -29.0 % |
| Chicken Fillets (1 lb) | 11.86 ¥ | 14.88 ¥ | +25.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 40.62 ¥ | 43.73 ¥ | +7.7 % |
| Apples (1 lb) | 7.54 ¥ | 6.33 ¥ | -16.1 % |
| Banana (1 lb) | 5.43 ¥ | 4.64 ¥ | -14.5 % |
| Oranges (1 lb) | 6.50 ¥ | 5.49 ¥ | -15.5 % |
| Tomato (1 lb) | 5.02 ¥ | 4.81 ¥ | -4.1 % |
| Potato (1 lb) | 3.16 ¥ | 3.38 ¥ | +7.0 % |
| Onion (1 lb) | 3.47 ¥ | 3.69 ¥ | +6.3 % |
| Lettuce (1 head) | 6.34 ¥ | 5.88 ¥ | -7.2 % |
| Water (1.5 liter bottle) | 4.09 ¥ | 4.20 ¥ | +2.8 % |
| Bottle of Wine (Mid-Range) | 100.00 ¥ | 100.00 ¥ | 0.0 % |
| Domestic Beer (0.5 liter bottle) | 6.13 ¥ | 6.50 ¥ | +6.0 % |
| Imported Beer (12 oz small bottle) | 13.10 ¥ | 12.75 ¥ | -2.7 % |
| Cigarettes 20 Pack (Marlboro) | 25.00 ¥ | 25.00 ¥ | 0.0 % |
Transportation | Shanghai Edit |
Shenzhen Edit | |
| One-way Ticket (Local Transport) | 4.00 ¥ | 4.00 ¥ | 0.0 % |
| Monthly Pass (Regular Price) | 250.00 ¥ | 200.00 ¥ | -20.0 % |
| Taxi Start (Normal Tariff) | 16.00 ¥ | 12.00 ¥ | -25.0 % |
| Taxi 1 mile (Normal Tariff) | 4.83 ¥ | 4.18 ¥ | -13.3 % |
| Taxi 1hour Waiting (Normal Tariff) | 60.00 ¥ | 48.00 ¥ | -20.0 % |
| Gasoline (1 gallon) | 32.00 ¥ | 32.30 ¥ | +0.9 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 150,000.00 ¥ | 150,000.00 ¥ | 0.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 131,573.33 ¥ | 138,750.00 ¥ | +5.5 % |
Utilities (Monthly) | Shanghai Edit |
Shenzhen Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 415.36 ¥ | 463.44 ¥ | +11.6 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 94.62 ¥ | 78.38 ¥ | -17.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 130.47 ¥ | 105.18 ¥ | -19.4 % |
Sports And Leisure | Shanghai Edit |
Shenzhen Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 542.75 ¥ | 320.51 ¥ | -40.9 % |
| Tennis Court Rent (1 Hour on Weekend) | 124.17 ¥ | 109.67 ¥ | -11.7 % |
| Cinema, International Release, 1 Seat | 60.00 ¥ | 57.50 ¥ | -4.2 % |
Childcare | Shanghai Edit |
Shenzhen Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 8,601.59 ¥ | 4,583.33 ¥ | -46.7 % |
| International Primary School, Yearly for 1 Child | 199,800.00 ¥ | 179,658.33 ¥ | -10.1 % |
Clothing And Shoes | Shanghai Edit |
Shenzhen Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 419.19 ¥ | 454.24 ¥ | +8.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 256.35 ¥ | 212.47 ¥ | -17.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 559.93 ¥ | 563.40 ¥ | +0.6 % |
| 1 Pair of Men Leather Business Shoes | 757.27 ¥ | 716.60 ¥ | -5.4 % |
Rent Per Month | Shanghai Edit |
Shenzhen Edit | |
| Apartment (1 bedroom) in City Centre | 7,224.14 ¥ | 5,166.67 ¥ | -28.5 % |
| Apartment (1 bedroom) Outside of Centre | 3,681.82 ¥ | 2,800.00 ¥ | -24.0 % |
| Apartment (3 bedrooms) in City Centre | 19,918.52 ¥ | 12,416.67 ¥ | -37.7 % |
| Apartment (3 bedrooms) Outside of Centre | 9,500.00 ¥ | 6,687.50 ¥ | -29.6 % |
Buy Apartment Price | Shanghai Edit |
Shenzhen Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 11,001.46 ¥ | 8,549.63 ¥ | -22.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 6,035.07 ¥ | 4,583.17 ¥ | -24.1 % |
Salaries And Financing | Shanghai Edit |
Shenzhen Edit | |
| Average Monthly Net Salary (After Tax) | 10,980.95 ¥ | 11,554.58 ¥ | +5.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.68 | 4.52 | -3.4 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 248 | 119 |
Moving to Shanghai? Explore:
Moving to Shenzhen? Explore:
Cities near Shanghai: | Cost of Living in Taicang, Suzhou, Jiangsu | 32.06 miles |
| Cost of Living in Suzhou | 60.57 miles |
| Cost of Living in Jiaxing | 61.36 miles |
| Cost of Living in Luzhou | 62.03 miles |
| Cost of Living in Changshu | 64.40 miles |
| Cost of Living in Nantong | 78.78 miles |
| Cost of Living in Zhangjiagang | 81.62 miles |
| Cost of Living in Wuxi | 82.00 miles |
| Cost of Living in Huzhou | 92.74 miles |
| Cost of Living in Jiangyin | 96.30 miles |
Cities near Shenzhen: | Cost of Living in Huizhou | 61.84 miles |
| Cost of Living in Guangzhou | 85.88 miles |
| Cost of Living in Yunfu | 205.46 miles |
| Cost of Living in Shaoguan | 213.17 miles |