Shanghai
Shenzhen

Shanghai vs Shenzhen — Cost of Living Comparison

Shanghai
China
VS
Shenzhen
China
Estimated average living costs are ~22% lower in Shenzhen

Shanghai

$2,300

avg. monthly cost

Population

28,517,000

Safety

78/100

Quality

68/100

Cost
55
Safety
78
Life
68

Shenzhen

$1,800

avg. monthly cost

Population

17,500,000

Safety

78/100

Quality

65/100

Cost
58
Safety
78
Life
65

Data last updated:

Compare Two Cities

Estimated average living costs are ~22% lower in Shenzhen

Overall Monthly Cost Comparison

Shanghai

$2,300

estimated per month

Shenzhen

$1,800

estimated per month

Difference

-21.7%

Monthly savings

$500

Yearly savings

$6,000

Figures shown are estimated averages for general comparison purposes only and may not reflect individual spending patterns.

Cost Comparison by Category

Monthly averages side by side

Estimated Salary Equivalency (Informational)

What you'd need to earn for the same lifestyle

This calculation provides an estimated comparison based on average living costs and does not represent financial or employment advice.

$/year (USD)

$58,696

-$16,304/year (USD)

Salary equivalency figures are illustrative estimates only and should not be used for employment, negotiation, or financial planning decisions.

Detailed Category Breakdown

Item-by-item price comparison across 7 categories

ItemShanghaiShenzhenDiff
1-Bedroom Apartment (City Center)(per month)
$1,000.00$850.00
-15.0%
1-Bedroom Apartment (Outside Center)(per month)
$550.00$520.00
-5.5%
3-Bedroom Apartment (City Center)(per month)
$2,200.00$1,850.00
-15.9%
3-Bedroom Apartment (Outside Center)(per month)
$1,100.00$1,100.00
0.0%
ItemShanghaiShenzhenDiff
Meal at Inexpensive Restaurant(per meal)
$4.50$4.50
0.0%
Meal for 2 at Mid-Range Restaurant(per meal)
$30.00$28.00
-6.7%
McMeal at McDonald's(per meal)
$5.00$5.50
+10.0%
Milk (1 liter)(per liter)
$2.00$2.40
+20.0%
Bread (500g loaf)(per loaf)
$1.80$1.80
0.0%
Rice (1 kg)(per kg)
$1.10$1.20
+9.1%
Eggs (12)(per dozen)
$2.20$2.20
0.0%
Chicken Breast (1 kg)(per kg)
$4.50$5.50
+22.2%
Apples (1 kg)(per kg)
$2.80$2.80
0.0%
Banana (1 kg)(per kg)
$1.50$1.60
+6.7%
ItemShanghaiShenzhenDiff
Monthly Public Transit Pass(per month)
$35.00$45.00
+28.6%
One-Way Ticket (Local Transport)(per trip)
$0.55$0.55
0.0%
Taxi Start (Normal Tariff)(base fare)
$2.10$1.40
-33.3%
Taxi 1km (Normal Tariff)(per km)
$0.35$0.40
+14.3%
Gasoline (1 liter)(per liter)
$1.30$1.25
-3.8%
ItemShanghaiShenzhenDiff
Basic Utilities (85m² Apt)(per month)
$75.00$75.00
0.0%
Mobile Phone Plan(per month)
$12.00$12.00
0.0%
Internet (60 Mbps+)(per month)
$15.00$18.00
+20.0%
ItemShanghaiShenzhenDiff
Doctor Visit(per visit)
$25.00$22.00
-12.0%
Dentist Visit(per visit)
$35.00$35.00
0.0%
Prescription Medicine (avg)(per prescription)
$10.00$10.00
0.0%
ItemShanghaiShenzhenDiff
Fitness Club Monthly(per month)
$45.00$45.00
0.0%
Cinema Ticket(per ticket)
$8.00$8.00
0.0%
Cappuccino(per cup)
$4.50$5.00
+11.1%
Beer (0.5l) at Restaurant(per glass)
$3.50$3.50
0.0%
ItemShanghaiShenzhenDiff
Pair of Jeans (Levi's)(per pair)
$55.00$55.00
0.0%
Summer Dress (Chain Store)(per item)
$28.00$28.00
0.0%
Running Shoes (Nike, Adidas)(per pair)
$80.00$85.00
+6.3%

Category values are aggregated estimates and may vary by neighborhood, lifestyle, and market conditions.

Frequently asked questions: Shanghai vs Shenzhen

Is Shanghai or Shenzhen more expensive?
Shenzhen is more expensive, with a cost of living index of 58 compared with 55 for Shanghai.
How much cheaper is Shanghai than Shenzhen?
Living in Shanghai is around 5% cheaper than Shenzhen, based on their overall cost of living indices.
What is the cost of living difference between Shanghai and Shenzhen?
Shanghai scores 55 out of 100 on our cost of living index, while Shenzhen scores 58 — where New York City equals 100.