Cost of Living Comparison Between Shenzhen and Shanghai 

Indices DifferenceInfo
Consumer Prices in Shanghai are 10.4% higher than in Shenzhen (without rent)
Consumer Prices Including Rent in Shanghai are 24.3% higher than in Shenzhen
Rent Prices in Shanghai are 52.3% higher than in Shenzhen
Restaurant Prices in Shanghai are 11.5% higher than in Shenzhen
Groceries Prices in Shanghai are 7.3% higher than in Shenzhen
Local Purchasing Power in Shanghai is 22.9% 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) 25.28 ¥ 25.91 ¥      +2.5 %
Coke/Pepsi (12 oz small bottle) 3.66 ¥ 3.83 ¥      +4.8 %
Water (12 oz small bottle) 2.37 ¥ 2.23 ¥      -5.8 %
Markets
Shenzhen Edit Shanghai Edit
Milk (regular), (1 gallon) 57.50 ¥ 65.51 ¥      +13.9 %
Loaf of Fresh White Bread (1 lb) 13.78 ¥ 12.81 ¥      -7.0 %
Rice (white), (1 lb) 3.63 ¥ 3.51 ¥      -3.3 %
Eggs (regular) (12) 14.74 ¥ 13.02 ¥      -11.6 %
Local Cheese (1 lb) 39.99 ¥ 56.20 ¥      +40.5 %
Chicken Fillets (1 lb) 13.74 ¥ 11.64 ¥      -15.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 43.32 ¥ 40.83 ¥      -5.7 %
Apples (1 lb) 6.27 ¥ 7.34 ¥      +17.0 %
Banana (1 lb) 4.50 ¥ 5.39 ¥      +20.0 %
Oranges (1 lb) 5.40 ¥ 6.48 ¥      +20.1 %
Tomato (1 lb) 4.85 ¥ 4.97 ¥      +2.5 %
Potato (1 lb) 3.36 ¥ 3.09 ¥      -7.8 %
Onion (1 lb) 3.68 ¥ 3.51 ¥      -4.7 %
Lettuce (1 head) 5.46 ¥ 6.48 ¥      +18.6 %
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) 6.58 ¥ 6.19 ¥      -6.0 %
Imported Beer (12 oz small bottle) 12.38 ¥ 13.15 ¥      +6.2 %
Cigarettes 20 Pack (Marlboro) 22.50 ¥ 25.00 ¥      +11.1 %
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 ¥ 130,240.00 ¥      -6.1 %
Utilities (Monthly)
Shenzhen Edit Shanghai Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 463.41 ¥ 440.39 ¥      -5.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 80.27 ¥ 94.40 ¥      +17.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 105.43 ¥ 136.95 ¥      +29.9 %
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 60.00 ¥ 60.00 ¥      0.0 %
Childcare
Shenzhen Edit Shanghai Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 4,407.41 ¥ 8,601.59 ¥      +95.2 %
International Primary School, Yearly for 1 Child 173,530.77 ¥ 199,800.00 ¥      +15.1 %
Clothing And Shoes
Shenzhen Edit Shanghai Edit
1 Pair of Jeans (Levis 501 Or Similar) 468.35 ¥ 455.16 ¥      -2.8 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 216.90 ¥ 261.73 ¥      +20.7 %
1 Pair of Nike Running Shoes (Mid-Range) 569.95 ¥ 550.97 ¥      -3.3 %
1 Pair of Men Leather Business Shoes 740.56 ¥ 787.56 ¥      +6.3 %
Rent Per Month
Shenzhen Edit Shanghai Edit
Apartment (1 bedroom) in City Centre 5,187.50 ¥ 7,280.00 ¥      +40.3 %
Apartment (1 bedroom) Outside of Centre 2,800.00 ¥ 3,728.57 ¥      +33.2 %
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 8,592.28 ¥ 11,484.65 ¥      +33.7 %
Price per Square Feet to Buy Apartment Outside of Centre 4,787.70 ¥ 6,150.90 ¥      +28.5 %
Salaries And Financing
Shenzhen Edit Shanghai Edit
Average Monthly Net Salary (After Tax) 11,167.99 ¥ 10,702.27 ¥      -4.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.55 4.75      +4.4 %
Last update: April 2024April 2024
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