Budget Direct Insurance Money Magazine's Insurer of the Year 2017, 2018, 2019, 2020, and 2021

Money magazine
Insurer of the
Year 2017-21

prices shown in
Hong Kong vs Shanghai
Hkg vs Sha

Average net salary (After tax)

Shanghai
Hong Kong

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Sha
Hkg
Outside city centre
Sha
Hkg

Rent 3 bedroom apartment

Cost per month

In city centre
Sha
Hkg
Outside city centre
Sha
Hkg

Buy apartment

Price per m2

In city centre
Sha
Hkg
Outside city centre
Sha
Hkg

Mortgage rates

Shanghai
4.5%
Hong Kong
5.5%
Compare our
home insurance prices

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

Electricity, heating, water, Garbage for a 85m2 Apartment

Shanghai
Hong Kong

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Sha
Hkg

Mobile phone data

One-minute local prepaid call (no plan or discount)

Sha
Hkg

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Sha
Hkg

Monthly pass

Regular price

Sha
Hkg

Fuel prices

Per Litre

Shanghai
Hong Kong

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Sha
Hkg
Compare our
car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

Milk 1L
Sha
Hkg
White bread 500g
Sha
Hkg
Eggs 12
Sha
Hkg
White rice 1kg
Sha
Hkg

Pack of cigarettes

(Marlboro)

Shanghai
Hong Kong

Meat & cheese

Chicken breasts 1kg
Sha
Hkg
Beef round 1kg
Sha
Hkg
Local cheese 1kg
Sha
Hkg

Vegetables

Potatoes 1kg
Sha
Hkg
Lettuce 1 head
Sha
Hkg
Tomatoes 1kg
Sha
Hkg

Fruit

Apples 1kg
Sha
Hkg
Oranges 1 head
Sha
Hkg
Bananas 1kg
Sha
Hkg

Eating Out

  • Food
  • Drinks

Meal for two

Inexpensive restaurant 2 meals
Sha $4,070.74/mth
Hkg $4,070.74/mth
Mid-range restaurant Three-course meal for two people
Sha $4,070.74/mth
Hkg $4,070.74/mth

Mcdonalds McMeal

Or equivalent combo meal

Shanghai
4.5%
Hong Kong
5.5%

Restaurant Prices in Shanghai are 17.14% higher than in Hong Kong

Drinks

Coke/Pepsi 0.33L
bottle
Sha $4,070.74/mth
Hkg $4,070.74/mth
Water 0.33L
bottle
Sha $4,070.74/mth
Hkg $4,070.74/mth
Cappuccino regular
Sha $4,070.74/mth
Hkg $4,070.74/mth

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Sha
Hkg
Market 0.5L bottle
Sha
Hkg

Imported beer

Restaurant 0.33L bottle
Sha
Hkg
Market 0.33L bottle
Sha
Hkg

Bottle of wine

Mid-range, from supermarket

Shanghai
5
Hong Kong

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Sha
Hkg

Summer dress

From a chain store (e.g. Zara, H&M)

Sha
Hkg

Shoes

1 pair Nike shoes
Sha
Hkg
1 pair men's leather shoes
Sha
Hkg

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Shanghai
$15.33
Hong Kong
$11.43

Tennis court rental

One hour on weekend

Sha $4,070.74/mth
Hkg $4,070.74/mth

Fitness club

Monthly fee for one adult

Sha $4,070.74/mth
Hkg $4,070.74/mth