Cost of living and prices in Shanghai, prices of food, rent, shopping, etc. 🇨🇳
Updated Jul 2023
Discover the vibrant city of Shanghai, China, where modernity meets tradition in the heart of Eastern Asia. With a population of over 22 million people, Shanghai is a bustling metropolis with a rich history and culture.
Despite being one of China's most expensive cities to live in, the cost of living in Shanghai can still be relatively affordable for those who know how to budget wisely. With a diverse array of dining and accommodation options, as well as efficient public transport systems, Shanghai offers expats and locals alike a high-quality standard of living.
Experience the energetic pulse of Shanghai's urban landscape and discover the city's countless hidden gems. From tranquil parks and gardens to world-class shopping destinations and awe-inspiring skyscrapers, Shanghai is a city that truly has something for everyone.
Cost of Living Estimate in Shanghai
You can calculate cost of living in Shanghai by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.
Restaurants prices
Shanghai is a foodie’s paradise with numerous options for dining and savoring different cuisines. From street food to high-end restaurants, the city has it all. Visitors can enjoy local Shanghainese delicacies such as Xiaolongbao (soup dumplings), hairy crab, and red-braised pork. Alternatively, they can try Chinese regional cuisines, including Sichuan hot pot, Cantonese dim sum, and Beijing roast duck. International food options are also abundant, with restaurants serving Italian, French, Japanese, Korean, and other cuisines. Restaurants are available in all price ranges, so diners can choose between affordable street stalls and high-end eateries.
Eating in Shanghai is not just about trying different dishes, but also about the unique experiences that come with it. Visitors can dine in upscale restaurants, such as the revolving restaurant in the Oriental Pearl Tower, or enjoy a meal in a traditional Chinese courtyard in the atmospheric Old Town. Alternatively, diners can try street food at the night markets, where vendors offer various local snacks and drinks. A popular attraction for some visitors is the Fairyland for Foodies tour, which takes participants to lesser-known eateries serving authentic cuisine from different regions of China. Whatever dining experience visitors choose, they are assured of a memorable culinary journey in Shanghai.
Markets prices
Market prices in Shanghai, China can vary drastically depending on the product or service you are looking for. While some goods and services may be quite affordable, others may be incredibly expensive. It is important to do your research and shop around in order to get the best deals. One strategy may be to visit local markets and negotiate with vendors, as prices may fluctuate based on your bargaining skills. Alternatively, you may find that shopping at malls and chain stores in more affluent areas will offer higher-priced, but higher-quality items.
It is also worth noting that the cost of living in Shanghai is generally higher than in many other parts of China. Housing and transportation costs may be particularly steep, which can have a significant impact on overall prices. Additionally, as a major international hub, many imported goods and products carry a premium in Shanghai. So whether you are a tourist or a resident, it is important to budget accordingly and keep in mind that prices may be higher than what you are used to in other parts of the world.
Transportation prices
Shanghai, one of the most populous cities in China, offers an extensive transportation network to get around the city. The city is well-connected by a subway system with 17 lines serving various destinations. The subway system is efficient, fast, and cost-effective making it the most popular mode of transportation for locals and visitors alike.
Besides the subway system, travelers can also explore the city by taxi. Most taxis in Shanghai are equipped with meters and fares are reasonable. However, communication could be a challenge as most taxi drivers do not speak English. Another popular transportation option is the iconic Shanghai sightseeing bus, which covers all the famous tourist attractions in the city. This mode of transportation provides a great opportunity to explore the city and learn more about its history and culture.
Utilities Per Month prices
Utilities cost in Shanghai, China can be quite high compared to other cities in the country. This is partly due to the fact that Shanghai is a sprawling metropolis that demands huge amounts of energy, water, and other resources to keep it running smoothly. Whether you're renting an apartment or staying in a hotel, you can expect to pay a fair amount for basic utilities like electricity, water, and gas. In general, the cost of these services will depend on the size of your living quarters, as well as your usage habits. For example, if you're someone who takes long showers or runs the air conditioning all day, you can expect to pay more than someone who is more energy-conscious.
One way to save on utilities cost in Shanghai is to be mindful of your usage habits and make a concerted effort to conserve resources wherever possible. This might mean taking shorter showers, turning off the lights when you leave a room, and avoiding unnecessary energy usage. Another helpful strategy is to seek out apartments or hotels that are designed with energy-efficiency in mind. Many newer buildings are outfitted with smart lighting and heating systems that can help reduce your energy usage and lower your monthly bills. By being conscious of your usage and making smart choices, you can save money on utilities in Shanghai and still enjoy all that this vibrant city has to offer.
Sports And Leisure prices
Shanghai is a dynamic city with a vibrant sports and leisure scene. For sports enthusiasts, there are plenty of options from basketball courts to swimming pools, tennis courts to fitness centers, and everything in between. Shanghai is also home to some of the best golf courses in China, so golf lovers can enjoy a round or two surrounded by beautiful scenery. With several stadiums and arenas in the city, there are also opportunities to catch a live football or basketball game for those who prefer being spectators.
For those who prefer a more laid-back leisurely experience, Shanghai has a lot to offer as well. From beautiful parks to art galleries, museums to concert halls, there is something for everyone. History buffs can explore the city's ancient temples and traditional buildings, while foodies can indulge in a culinary adventure with Shanghai's famous street food and Michelin-starred restaurants. The city is also known for its trendy bars and clubs, so those looking for nightlife won't be disappointed. Whatever your interests, Shanghai has much to offer in terms of sports and leisure.
Salaries And Financing prices
Shanghai, China is known for its bustling economy and modern way of living. It's no surprise that salaries in Shanghai are competitive and relatively high compared to other cities in China. The cost of living in Shanghai is also higher than other cities in China, so it's important to have a clear understanding of your finances before relocating or traveling to Shanghai. It's advisable to research the average salaries of your desired profession in Shanghai and also the cost of living in the city to make sure you have enough funds to cover your expenses.
When it comes to financing in Shanghai, it's important to note that cash rules the day. Although Shanghai has been quick to adopt mobile payment methods like WeChat Pay and Alipay, many establishments still only accept cash. It's always a good idea to carry enough cash on you when traveling around Shanghai to avoid any inconvenience. Exchange rates for foreign currency can be unpredictable, so it's advisable to exchange your currency at licensed locations or banks for a fair rate. Shanghai offers all the convenience and luxuries of a modern city, but it's important to be financially savvy and manage your expenses to ensure a stress-free trip or stay in the city.
Childcare prices
When it comes to childcare prices in Shanghai, China, it's important to note that they can vary greatly depending on the type of institution you choose. For example, if you opt for a top private international school, you'll likely pay significantly more than you would for a local kindergarten. It's not uncommon for parents to spend a substantial portion of their monthly income on their child's education, especially if they want access to the best facilities and teachers.
Kindergartens are a popular choice for parents looking for affordable childcare options in Shanghai. However, while these institutions may be more budget-friendly than private schools, it's important to choose wisely. Many kindergartens in China have come under fire for their lack of safety regulations and poor teacher training. With this in mind, it's essential to do your research before enrolling your child in any institution, regardless of cost. In Shanghai, you'll find a range of kindergartens, from state-run institutions to private schools catering to expat families.
Clothing And Shoes prices
Shanghai is known for its fashion-forward culture and diverse shopping options, making it a great place to find clothing and shoes at various prices. Whether you are looking for high-end designer brands or street style boutiques, Shanghai has it all. The city's fashion centers, such as Nanjing Road and Huaihai Road, are bustling with stores selling everything from sportswear to formal attire. Additionally, there are a variety of department stores and shopping malls which offer a wide range of clothing and shoe options.
For those on a budget, there are also many markets and wholesale centers in Shanghai where you can find stylish clothing and shoes at affordable prices. From Hongqiao Pearl Market to Qipu Road Clothing Wholesale Market, these places are crowded with vendors selling trendy pieces at bargain prices. In addition, there are several online shopping platforms, such as Taobao and JD.com, which offer a vast selection of shoes and clothing at competitive prices. No matter your budget or style preference, Shanghai is a city that caters to all fashion needs.
Rent Per Month prices
If you're planning to stay in Shanghai for a short period of time, there are various options available. Short-term rentals offer flexibility and convenience, and you can find a variety of options ranging from studio apartments to spacious villas. Whether you're looking for a fully furnished apartment or something more basic, there's something for everyone. Some rental options include additional amenities such as housekeeping, laundry facilities, and WIFI.
When it comes to short stay options, hotels are always an excellent choice. Shanghai has a plethora of hotels that cater to different budget ranges. Whether you're looking for a luxury stay or a budget-friendly option, you can find plenty of options to choose from. In addition to the traditional hotel options, Shanghai also has various boutique hotels that offer unique experiences and personalized service. Short stay options like hotels are perfect for those who prefer to have everything taken care of by the staff and want to enjoy the convenience of being in the heart of the city.
Buy Apartment prices
Shanghai, China is a bustling metropolis with plenty of real estate buying options for both locals and foreigners alike. From small apartments to luxurious villas, the real estate market in Shanghai has something for everyone. While prices may vary depending on location and property type, one can expect to find a range of prices to fit any budget. Prospective buyers should be prepared to conduct thorough research and work with a reputable real estate agent to navigate the complexities of the market.
One popular option for real estate buyers in Shanghai is purchasing a pre-existing property. This can include anything from an older apartment in a historic building to a recently built condominium. Some buyers may prefer to purchase a new property that is currently under construction, giving them the opportunity to customize the space to their liking. Another option for those looking to invest in real estate in Shanghai is purchasing commercial property such as a storefront or office space. Regardless of the chosen property type, buyers should expect to face stiff competition in the market, so it is important to act quickly and decisively when the right opportunity presents itself.