Cost of Living Comparison Between New York, NY and Shanghai 

Indices DifferenceInfo
Cost of Living in Shanghai is 61.1% lower than in New York, NY (excluding rent)
Cost of Living Including Rent in Shanghai is 68.0% lower than in New York, NY
Rent Prices in Shanghai are 76.6% lower than in New York, NY
Restaurant Prices in Shanghai are 74.3% lower than in New York, NY
Groceries Prices in Shanghai are 62.6% lower than in New York, NY
Local Purchasing Power in Shanghai is 8.9% lower than in New York, NY
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
New York, NY Edit Shanghai Edit Difference
Meal at an Inexpensive Restaurant 25.00 $
(176.36 ¥)
4.25 $
(30.00 ¥)
     -83.0 %
Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) 140.00 $
(987.63 ¥)
28.35 $
(200.00 ¥)
     -79.7 %
Combo Meal at McDonald's (or Equivalent Fast-Food Meal) 14.00 $
(98.76 ¥)
5.67 $
(40.00 ¥)
     -59.5 %
Domestic Draft Beer (1 Pint) 8.00 $
(56.44 ¥)
1.28 $
(9.00 ¥)
     -84.1 %
Imported Beer (12 oz Small Bottle) 10.00 $
(70.55 ¥)
2.55 $
(18.00 ¥)
     -74.5 %
Cappuccino (Regular Size) 5.63 $
(39.71 ¥)
3.17 $
(22.37 ¥)
     -43.7 %
Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) 3.17 $
(22.37 ¥)
0.53 $
(3.71 ¥)
     -83.4 %
Bottled Water (12 oz) 2.55 $
(17.95 ¥)
0.32 $
(2.25 ¥)
     -87.5 %
Markets
New York, NY Edit Shanghai Edit
Milk (Regular, 1 Liter) 1.54 $
(10.88 ¥)
2.03 $
(14.35 ¥)
     +31.8 %
Fresh White Bread (1 lb Loaf) 4.42 $
(31.20 ¥)
1.57 $
(11.04 ¥)
     -64.6 %
White Rice (1 lb) 3.72 $
(26.23 ¥)
0.43 $
(3.00 ¥)
     -88.6 %
Eggs (12, Large Size) 7.16 $
(50.50 ¥)
1.64 $
(11.57 ¥)
     -77.1 %
Local Cheese (1 lb) 7.79 $
(54.96 ¥)
6.97 $
(49.18 ¥)
     -10.5 %
Chicken Fillets (1 lb) 6.92 $
(48.82 ¥)
1.46 $
(10.28 ¥)
     -78.9 %
Beef Round or Equivalent Back Leg Red Meat (1 lb) 9.27 $
(65.41 ¥)
4.92 $
(34.70 ¥)
     -46.9 %
Apples (1 lb) 3.21 $
(22.67 ¥)
1.03 $
(7.29 ¥)
     -67.8 %
Bananas (1 lb) 1.13 $
(7.97 ¥)
0.76 $
(5.33 ¥)
     -33.1 %
Oranges (1 lb) 2.61 $
(18.43 ¥)
0.80 $
(5.64 ¥)
     -69.4 %
Tomatoes (1 lb) 2.71 $
(19.11 ¥)
0.64 $
(4.51 ¥)
     -76.4 %
Potatoes (1 lb) 1.70 $
(11.98 ¥)
0.34 $
(2.40 ¥)
     -80.0 %
Onions (1 lb) 1.68 $
(11.84 ¥)
0.50 $
(3.52 ¥)
     -70.3 %
Lettuce (1 Head) 3.12 $
(22.02 ¥)
0.57 $
(4.00 ¥)
     -81.8 %
Bottled Water (50 oz) 2.64 $
(18.62 ¥)
0.66 $
(4.65 ¥)
     -75.0 %
Bottle of Wine (Mid-Range) 18.00 $
(126.98 ¥)
11.34 $
(80.00 ¥)
     -37.0 %
Domestic Beer (16.9 oz Bottle) 3.31 $
(23.37 ¥)
0.83 $
(5.86 ¥)
     -74.9 %
Imported Beer (12 oz Small Bottle) 4.34 $
(30.64 ¥)
1.56 $
(10.98 ¥)
     -64.2 %
Cigarettes (Pack of 20, Marlboro) 19.00 $
(134.04 ¥)
3.54 $
(25.00 ¥)
     -81.3 %
Transportation
New York, NY Edit Shanghai Edit
One-Way Ticket (Local Transport) 2.90 $
(20.46 ¥)
0.57 $
(4.00 ¥)
     -80.4 %
Monthly Public Transport Pass (Regular Price) 132.00 $
(931.19 ¥)
28.35 $
(200.00 ¥)
     -78.5 %
Taxi Start (Standard Tariff) 3.00 $
(21.16 ¥)
2.13 $
(15.00 ¥)
     -29.1 %
Taxi 1 mile (Standard Tariff) 3.50 $
(24.69 ¥)
0.68 $
(4.83 ¥)
     -80.4 %
Taxi 1 Hour Waiting (Standard Tariff) 42.00 $
(296.29 ¥)
8.51 $
(60.00 ¥)
     -79.7 %
Gasoline (1 Liter) 0.89 $
(6.29 ¥)
1.11 $
(7.82 ¥)
     +24.3 %
Volkswagen Golf 1.5 (or Equivalent New Compact Car) 35,458.00 $
(250,138.46 ¥)
18,427.95 $
(130,000.00 ¥)
     -48.0 %
Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) 25,440.74 $
(179,471.70 ¥)
17,473.13 $
(123,264.17 ¥)
     -31.3 %
Utilities (Monthly)
New York, NY Edit Shanghai Edit
Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) 193.29 $
(1,363.58 ¥)
53.37 $
(376.50 ¥)
     -72.4 %
Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) 60.36 $
(425.79 ¥)
8.16 $
(57.56 ¥)
     -86.5 %
Broadband Internet (Unlimited Data, 60 Mbps or Higher) 63.12 $
(445.28 ¥)
11.70 $
(82.57 ¥)
     -81.5 %
Sports And Leisure
New York, NY Edit Shanghai Edit
Monthly Fitness Club Membership 129.54 $
(913.88 ¥)
65.12 $
(459.42 ¥)
     -49.7 %
Tennis Court Rental (1 Hour, Weekend) 47.22 $
(333.13 ¥)
19.65 $
(138.64 ¥)
     -58.4 %
Cinema Ticket (International Release) 22.00 $
(155.20 ¥)
7.09 $
(50.00 ¥)
     -67.8 %
Childcare
New York, NY Edit Shanghai Edit
Private Full-Day Preschool or Kindergarten, Monthly Fee per Child 3,429.54 $
(24,193.68 ¥)
1,157.40 $
(8,164.91 ¥)
     -66.3 %
International Primary School, Annual Tuition per Child 58,332.82 $
(411,508.90 ¥)
26,899.41 $
(189,761.90 ¥)
     -53.9 %
Clothing And Shoes
New York, NY Edit Shanghai Edit
Jeans (Levi's 501 or Similar) 66.67 $
(470.30 ¥)
45.34 $
(319.86 ¥)
     -32.0 %
Summer Dress in a Chain Store (e.g. Zara or H&M) 54.92 $
(387.45 ¥)
35.55 $
(250.76 ¥)
     -35.3 %
Nike Running Shoes (Mid-Range) 117.04 $
(825.69 ¥)
70.87 $
(499.96 ¥)
     -39.4 %
Men's Leather Business Shoes 157.86 $
(1,113.60 ¥)
106.97 $
(754.63 ¥)
     -32.2 %
Rent Per Month
New York, NY Edit Shanghai Edit
1 Bedroom Apartment in City Centre 4,256.90 $
(30,030.28 ¥)
895.15 $
(6,314.81 ¥)
     -79.0 %
1 Bedroom Apartment Outside of City Centre 2,486.46 $
(17,540.72 ¥)
541.60 $
(3,820.69 ¥)
     -78.2 %
3 Bedroom Apartment in City Centre 8,410.42 $
(59,331.28 ¥)
2,152.55 $
(15,185.19 ¥)
     -74.4 %
3 Bedroom Apartment Outside of City Centre 4,919.57 $
(34,705.07 ¥)
1,114.18 $
(7,860.00 ¥)
     -77.4 %
Buy Apartment Price
New York, NY Edit Shanghai Edit
Price per Square Feet to Buy Apartment in City Centre 1,816.35 $
(12,813.47 ¥)
1,332.44 $
(9,399.72 ¥)
     -26.6 %
Price per Square Feet to Buy Apartment Outside of Centre 689.16 $
(4,861.67 ¥)
680.03 $
(4,797.30 ¥)
     -1.3 %
Salaries And Financing
New York, NY Edit Shanghai Edit
Average Monthly Net Salary (After Tax) 5,414.47 $
(38,196.37 ¥)
1,578.19 $
(11,133.33 ¥)
     -70.9 %
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.42 3.38      -47.3 %
Last update: 13 December 202510 December 2025
Contributors in the past 12 months:370240