Cost of Living Comparison Between Shenzhen and Shanghai 

Indices DifferenceInfo
Consumer Prices in Shanghai are 9.8% higher than in Shenzhen (without rent)
Consumer Prices Including Rent in Shanghai are 24.1% higher than in Shenzhen
Rent Prices in Shanghai are 53.2% higher than in Shenzhen
Restaurant Prices in Shanghai are 12.4% higher than in Shenzhen
Groceries Prices in Shanghai are 5.6% higher than in Shenzhen
Local Purchasing Power in Shanghai is 24.4% lower than in Shenzhen
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Shenzhen Edit Shanghai Edit Difference
Meal, Inexpensive Restaurant 25.00 ¥ 30.00 ¥      +20.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 200.00 ¥ 250.00 ¥      +25.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 40.00 ¥ 38.00 ¥      -5.0 %
Domestic Beer (1 pint draught) 8.00 ¥ 10.00 ¥      +25.0 %
Imported Beer (12 oz small bottle) 28.00 ¥ 20.00 ¥      -28.6 %
Cappuccino (regular) 24.73 ¥ 26.53 ¥      +7.3 %
Coke/Pepsi (12 oz small bottle) 3.66 ¥ 3.80 ¥      +3.9 %
Water (12 oz small bottle) 2.45 ¥ 2.22 ¥      -9.1 %
Markets
Shenzhen Edit Shanghai Edit
Milk (regular), (1 gallon) 57.55 ¥ 68.69 ¥      +19.4 %
Loaf of Fresh White Bread (1 lb) 13.78 ¥ 12.81 ¥      -7.0 %
Rice (white), (1 lb) 3.59 ¥ 3.60 ¥      +0.4 %
Eggs (regular) (12) 14.75 ¥ 13.14 ¥      -11.0 %
Local Cheese (1 lb) 40.30 ¥ 55.84 ¥      +38.6 %
Chicken Fillets (1 lb) 14.88 ¥ 11.74 ¥      -21.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 43.73 ¥ 40.83 ¥      -6.6 %
Apples (1 lb) 6.33 ¥ 7.34 ¥      +15.9 %
Banana (1 lb) 4.64 ¥ 5.39 ¥      +16.3 %
Oranges (1 lb) 5.49 ¥ 6.38 ¥      +16.2 %
Tomato (1 lb) 4.81 ¥ 5.00 ¥      +3.8 %
Potato (1 lb) 3.38 ¥ 3.13 ¥      -7.4 %
Onion (1 lb) 3.69 ¥ 3.45 ¥      -6.6 %
Lettuce (1 head) 5.88 ¥ 6.48 ¥      +10.2 %
Water (1.5 liter bottle) 4.20 ¥ 4.13 ¥      -1.7 %
Bottle of Wine (Mid-Range) 100.00 ¥ 100.00 ¥      0.0 %
Domestic Beer (0.5 liter bottle) 6.50 ¥ 6.19 ¥      -4.8 %
Imported Beer (12 oz small bottle) 12.75 ¥ 13.15 ¥      +3.1 %
Cigarettes 20 Pack (Marlboro) 25.00 ¥ 25.00 ¥      0.0 %
Transportation
Shenzhen Edit Shanghai Edit
One-way Ticket (Local Transport) 4.00 ¥ 4.00 ¥      0.0 %
Monthly Pass (Regular Price) 200.00 ¥ 250.00 ¥      +25.0 %
Taxi Start (Normal Tariff) 12.00 ¥ 16.00 ¥      +33.3 %
Taxi 1 mile (Normal Tariff) 4.18 ¥ 4.83 ¥      +15.4 %
Taxi 1hour Waiting (Normal Tariff) 48.00 ¥ 60.00 ¥      +25.0 %
Gasoline (1 gallon) 32.28 ¥ 32.12 ¥      -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) 138,750.00 ¥ 130,971.43 ¥      -5.6 %
Utilities (Monthly)
Shenzhen Edit Shanghai Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 463.44 ¥ 419.73 ¥      -9.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 78.38 ¥ 94.40 ¥      +20.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 105.18 ¥ 134.54 ¥      +27.9 %
Sports And Leisure
Shenzhen Edit Shanghai Edit
Fitness Club, Monthly Fee for 1 Adult 320.51 ¥ 541.99 ¥      +69.1 %
Tennis Court Rent (1 Hour on Weekend) 109.67 ¥ 124.17 ¥      +13.2 %
Cinema, International Release, 1 Seat 57.50 ¥ 60.00 ¥      +4.3 %
Childcare
Shenzhen Edit Shanghai Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 4,583.33 ¥ 8,601.59 ¥      +87.7 %
International Primary School, Yearly for 1 Child 179,658.33 ¥ 199,800.00 ¥      +11.2 %
Clothing And Shoes
Shenzhen Edit Shanghai Edit
1 Pair of Jeans (Levis 501 Or Similar) 460.12 ¥ 439.96 ¥      -4.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 204.63 ¥ 267.29 ¥      +30.6 %
1 Pair of Nike Running Shoes (Mid-Range) 566.79 ¥ 548.07 ¥      -3.3 %
1 Pair of Men Leather Business Shoes 724.93 ¥ 787.56 ¥      +8.6 %
Rent Per Month
Shenzhen Edit Shanghai Edit
Apartment (1 bedroom) in City Centre 5,166.67 ¥ 7,307.69 ¥      +41.4 %
Apartment (1 bedroom) Outside of Centre 2,711.11 ¥ 3,785.00 ¥      +39.6 %
Apartment (3 bedrooms) in City Centre 12,454.55 ¥ 20,684.62 ¥      +66.1 %
Apartment (3 bedrooms) Outside of Centre 6,875.00 ¥ 9,906.25 ¥      +44.1 %
Buy Apartment Price
Shenzhen Edit Shanghai Edit
Price per Square Feet to Buy Apartment in City Centre 8,598.62 ¥ 11,484.65 ¥      +33.6 %
Price per Square Feet to Buy Apartment Outside of Centre 4,625.76 ¥ 6,150.90 ¥      +33.0 %
Salaries And Financing
Shenzhen Edit Shanghai Edit
Average Monthly Net Salary (After Tax) 11,620.56 ¥ 10,899.42 ¥      -6.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.55 4.73      +3.9 %
Last update: April 2024May 2024
Contributors in the past 12 months:113236