Cost of Living Comparison Between Seoul and Shanghai 

Indices DifferenceInfo
Consumer Prices in Shanghai are 42.3% lower than in Seoul (without rent)
Consumer Prices Including Rent in Shanghai are 29.2% lower than in Seoul
Rent Prices in Shanghai are 5.6% higher than in Seoul
Restaurant Prices in Shanghai are 34.3% lower than in Seoul
Groceries Prices in Shanghai are 51.3% lower than in Seoul
Local Purchasing Power in Shanghai is 26.6% lower than in Seoul
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Seoul Edit Shanghai Edit Difference
Meal, Inexpensive Restaurant 11,000.00 ₩
(57.90 ¥)
5,699.45 ₩
(30.00 ¥)
     -48.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 70,000.00 ₩
(368.46 ¥)
47,495.45 ₩
(250.00 ¥)
     -32.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 8,000.00 ₩
(42.11 ¥)
7,219.31 ₩
(38.00 ¥)
     -9.8 %
Domestic Beer (1 pint draught) 5,000.00 ₩
(26.32 ¥)
1,899.82 ₩
(10.00 ¥)
     -62.0 %
Imported Beer (12 oz small bottle) 7,000.00 ₩
(36.85 ¥)
3,799.64 ₩
(20.00 ¥)
     -45.7 %
Cappuccino (regular) 5,236.68 ₩
(27.56 ¥)
5,041.15 ₩
(26.53 ¥)
     -3.7 %
Coke/Pepsi (12 oz small bottle) 2,114.27 ₩
(11.13 ¥)
722.36 ₩
(3.80 ¥)
     -65.8 %
Water (12 oz small bottle) 1,110.03 ₩
(5.84 ¥)
422.59 ₩
(2.22 ¥)
     -61.9 %
Markets
Seoul Edit Shanghai Edit
Milk (regular), (1 gallon) 11,125.60 ₩
(58.56 ¥)
13,050.50 ₩
(68.69 ¥)
     +17.3 %
Loaf of Fresh White Bread (1 lb) 3,783.44 ₩
(19.91 ¥)
2,433.53 ₩
(12.81 ¥)
     -35.7 %
Rice (white), (1 lb) 2,110.76 ₩
(11.11 ¥)
684.24 ₩
(3.60 ¥)
     -67.6 %
Eggs (regular) (12) 4,480.67 ₩
(23.58 ¥)
2,495.60 ₩
(13.14 ¥)
     -44.3 %
Local Cheese (1 lb) 7,302.12 ₩
(38.44 ¥)
10,608.52 ₩
(55.84 ¥)
     +45.3 %
Chicken Fillets (1 lb) 6,339.63 ₩
(33.37 ¥)
2,230.35 ₩
(11.74 ¥)
     -64.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 23,449.70 ₩
(123.43 ¥)
7,756.49 ₩
(40.83 ¥)
     -66.9 %
Apples (1 lb) 4,152.23 ₩
(21.86 ¥)
1,393.59 ₩
(7.34 ¥)
     -66.4 %
Banana (1 lb) 2,172.62 ₩
(11.44 ¥)
1,024.90 ₩
(5.39 ¥)
     -52.8 %
Oranges (1 lb) 3,537.36 ₩
(18.62 ¥)
1,212.97 ₩
(6.38 ¥)
     -65.7 %
Tomato (1 lb) 3,733.44 ₩
(19.65 ¥)
949.10 ₩
(5.00 ¥)
     -74.6 %
Potato (1 lb) 2,594.74 ₩
(13.66 ¥)
593.98 ₩
(3.13 ¥)
     -77.1 %
Onion (1 lb) 1,943.77 ₩
(10.23 ¥)
654.88 ₩
(3.45 ¥)
     -66.3 %
Lettuce (1 head) 3,315.74 ₩
(17.45 ¥)
1,230.50 ₩
(6.48 ¥)
     -62.9 %
Water (1.5 liter bottle) 1,527.54 ₩
(8.04 ¥)
784.82 ₩
(4.13 ¥)
     -48.6 %
Bottle of Wine (Mid-Range) 25,000.00 ₩
(131.59 ¥)
18,998.18 ₩
(100.00 ¥)
     -24.0 %
Domestic Beer (0.5 liter bottle) 3,527.21 ₩
(18.57 ¥)
1,176.14 ₩
(6.19 ¥)
     -66.7 %
Imported Beer (12 oz small bottle) 3,879.41 ₩
(20.42 ¥)
2,497.91 ₩
(13.15 ¥)
     -35.6 %
Cigarettes 20 Pack (Marlboro) 4,500.00 ₩
(23.69 ¥)
4,749.55 ₩
(25.00 ¥)
     +5.5 %
Transportation
Seoul Edit Shanghai Edit
One-way Ticket (Local Transport) 1,450.00 ₩
(7.63 ¥)
759.93 ₩
(4.00 ¥)
     -47.6 %
Monthly Pass (Regular Price) 61,000.00 ₩
(321.08 ¥)
47,495.45 ₩
(250.00 ¥)
     -22.1 %
Taxi Start (Normal Tariff) 4,800.00 ₩
(25.27 ¥)
3,039.71 ₩
(16.00 ¥)
     -36.7 %
Taxi 1 mile (Normal Tariff) 1,609.34 ₩
(8.47 ¥)
917.24 ₩
(4.83 ¥)
     -43.0 %
Taxi 1hour Waiting (Normal Tariff) 12,000.00 ₩
(63.16 ¥)
11,398.91 ₩
(60.00 ¥)
     -5.0 %
Gasoline (1 gallon) 6,359.53 ₩
(33.47 ¥)
6,101.57 ₩
(32.12 ¥)
     -4.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 37,731,000.00 ₩
(198,603.22 ¥)
28,497,272.72 ₩
(150,000.00 ¥)
     -24.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 34,450,892.86 ₩
(181,337.84 ¥)
24,882,190.12 ₩
(130,971.43 ¥)
     -27.8 %
Utilities (Monthly)
Seoul Edit Shanghai Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 245,357.30 ₩
(1,291.48 ¥)
79,742.45 ₩
(419.74 ¥)
     -67.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 60,381.58 ₩
(317.83 ¥)
17,934.28 ₩
(94.40 ¥)
     -70.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 32,381.12 ₩
(170.44 ¥)
25,561.02 ₩
(134.54 ¥)
     -21.1 %
Sports And Leisure
Seoul Edit Shanghai Edit
Fitness Club, Monthly Fee for 1 Adult 71,031.75 ₩
(373.89 ¥)
102,967.61 ₩
(541.99 ¥)
     +45.0 %
Tennis Court Rent (1 Hour on Weekend) 28,620.00 ₩
(150.65 ¥)
23,589.41 ₩
(124.17 ¥)
     -17.6 %
Cinema, International Release, 1 Seat 15,000.00 ₩
(78.95 ¥)
11,398.91 ₩
(60.00 ¥)
     -24.0 %
Childcare
Seoul Edit Shanghai Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 517,833.33 ₩
(2,725.70 ¥)
1,634,145.19 ₩
(8,601.59 ¥)
     +215.6 %
International Primary School, Yearly for 1 Child 27,654,545.45 ₩
(145,564.17 ¥)
37,958,367.26 ₩
(199,800.00 ¥)
     +37.3 %
Clothing And Shoes
Seoul Edit Shanghai Edit
1 Pair of Jeans (Levis 501 Or Similar) 83,308.30 ₩
(438.51 ¥)
83,584.08 ₩
(439.96 ¥)
     +0.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 60,656.82 ₩
(319.28 ¥)
50,780.56 ₩
(267.29 ¥)
     -16.3 %
1 Pair of Nike Running Shoes (Mid-Range) 116,545.45 ₩
(613.46 ¥)
104,124.11 ₩
(548.07 ¥)
     -10.7 %
1 Pair of Men Leather Business Shoes 172,647.06 ₩
(908.76 ¥)
149,622.08 ₩
(787.56 ¥)
     -13.3 %
Rent Per Month
Seoul Edit Shanghai Edit
Apartment (1 bedroom) in City Centre 1,167,677.59 ₩
(6,146.26 ¥)
1,383,067.64 ₩
(7,280.00 ¥)
     +18.4 %
Apartment (1 bedroom) Outside of Centre 704,545.45 ₩
(3,708.49 ¥)
719,081.18 ₩
(3,785.00 ¥)
     +2.1 %
Apartment (3 bedrooms) in City Centre 3,659,892.69 ₩
(19,264.44 ¥)
3,929,700.84 ₩
(20,684.62 ¥)
     +7.4 %
Apartment (3 bedrooms) Outside of Centre 1,959,190.93 ₩
(10,312.52 ¥)
1,882,007.39 ₩
(9,906.25 ¥)
     -3.9 %
Buy Apartment Price
Seoul Edit Shanghai Edit
Price per Square Feet to Buy Apartment in City Centre 2,397,231.37 ₩
(12,618.21 ¥)
2,181,875.59 ₩
(11,484.65 ¥)
     -9.0 %
Price per Square Feet to Buy Apartment Outside of Centre 1,373,553.05 ₩
(7,229.92 ¥)
1,168,559.97 ₩
(6,150.90 ¥)
     -14.9 %
Salaries And Financing
Seoul Edit Shanghai Edit
Average Monthly Net Salary (After Tax) 3,912,625.81 ₩
(20,594.74 ¥)
2,033,237.11 ₩
(10,702.27 ¥)
     -48.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.11 4.75      -7.1 %
Last update: May 2024April 2024
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