Cost of Living Comparison Between Shanghai and Shenzhen 
| Indices Difference |  |
|---|---|
| Consumer Prices in Shenzhen are 9.5% lower than in Shanghai (without rent) | |
| Consumer Prices Including Rent in Shenzhen are 19.7% lower than in Shanghai | |
| Rent Prices in Shenzhen are 34.7% lower than in Shanghai | |
| Restaurant Prices in Shenzhen are 10.4% lower than in Shanghai | |
| Groceries Prices in Shenzhen are 6.6% lower than in Shanghai | |
| Local Purchasing Power in Shenzhen is 30.0% higher than in Shanghai | |
Restaurants | Shanghai Edit |
Shenzhen Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 30.00 ¥ | 25.00 ¥ | -16.7 % |
| 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) | 26.00 ¥ | 25.28 ¥ | -2.8 % |
| Coke/Pepsi (12 oz small bottle) | 3.86 ¥ | 3.65 ¥ | -5.3 % |
| Water (12 oz small bottle) | 2.22 ¥ | 2.35 ¥ | +5.9 % |
Markets | Shanghai Edit |
Shenzhen Edit | |
| Milk (regular), (1 gallon) | 65.51 ¥ | 58.80 ¥ | -10.2 % |
| Loaf of Fresh White Bread (1 lb) | 12.81 ¥ | 13.78 ¥ | +7.6 % |
| Rice (white), (1 lb) | 3.51 ¥ | 3.59 ¥ | +2.2 % |
| Eggs (regular) (12) | 13.02 ¥ | 14.88 ¥ | +14.2 % |
| Local Cheese (1 lb) | 56.20 ¥ | 39.99 ¥ | -28.8 % |
| Chicken Fillets (1 lb) | 11.64 ¥ | 13.74 ¥ | +18.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 40.83 ¥ | 43.32 ¥ | +6.1 % |
| Apples (1 lb) | 7.34 ¥ | 6.33 ¥ | -13.7 % |
| Banana (1 lb) | 5.39 ¥ | 4.55 ¥ | -15.6 % |
| Oranges (1 lb) | 6.48 ¥ | 5.40 ¥ | -16.8 % |
| Tomato (1 lb) | 4.97 ¥ | 4.85 ¥ | -2.5 % |
| Potato (1 lb) | 3.09 ¥ | 3.36 ¥ | +8.5 % |
| Onion (1 lb) | 3.51 ¥ | 3.68 ¥ | +5.0 % |
| Lettuce (1 head) | 6.48 ¥ | 5.46 ¥ | -15.7 % |
| Water (1.5 liter bottle) | 4.13 ¥ | 4.20 ¥ | +1.8 % |
| Bottle of Wine (Mid-Range) | 100.00 ¥ | 100.00 ¥ | 0.0 % |
| Domestic Beer (0.5 liter bottle) | 6.19 ¥ | 6.50 ¥ | +5.0 % |
| Imported Beer (12 oz small bottle) | 13.15 ¥ | 12.38 ¥ | -5.8 % |
| Cigarettes 20 Pack (Marlboro) | 25.00 ¥ | 22.50 ¥ | -10.0 % |
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) | 32.12 ¥ | 32.28 ¥ | +0.5 % |
| 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) | 130,240.00 ¥ | 138,750.00 ¥ | +6.5 % |
Utilities (Monthly) | Shanghai Edit |
Shenzhen Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 440.38 ¥ | 461.88 ¥ | +4.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 94.40 ¥ | 78.38 ¥ | -17.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 136.94 ¥ | 105.18 ¥ | -23.2 % |
Sports And Leisure | Shanghai Edit |
Shenzhen Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 541.99 ¥ | 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 ¥ | 4,407.41 ¥ | -48.8 % |
| International Primary School, Yearly for 1 Child | 199,800.00 ¥ | 173,530.77 ¥ | -13.1 % |
Clothing And Shoes | Shanghai Edit |
Shenzhen Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 455.16 ¥ | 468.35 ¥ | +2.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 261.73 ¥ | 216.90 ¥ | -17.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 550.97 ¥ | 569.95 ¥ | +3.4 % |
| 1 Pair of Men Leather Business Shoes | 787.56 ¥ | 740.56 ¥ | -6.0 % |
Rent Per Month | Shanghai Edit |
Shenzhen Edit | |
| Apartment (1 bedroom) in City Centre | 7,280.00 ¥ | 5,166.67 ¥ | -29.0 % |
| Apartment (1 bedroom) Outside of Centre | 3,785.00 ¥ | 2,711.11 ¥ | -28.4 % |
| Apartment (3 bedrooms) in City Centre | 20,684.62 ¥ | 12,454.55 ¥ | -39.8 % |
| Apartment (3 bedrooms) Outside of Centre | 9,906.25 ¥ | 6,875.00 ¥ | -30.6 % |
Buy Apartment Price | Shanghai Edit |
Shenzhen Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 11,484.65 ¥ | 8,592.72 ¥ | -25.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 6,150.90 ¥ | 4,787.83 ¥ | -22.2 % |
Salaries And Financing | Shanghai Edit |
Shenzhen Edit | |
| Average Monthly Net Salary (After Tax) | 10,702.27 ¥ | 11,173.85 ¥ | +4.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.75 | 4.55 | -4.2 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 247 | 115 |
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 |