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Money magazine
Insurer of the
Year 2017-21

prices shown in
Shanghai vs New York
Sha vs Nyc

Average net salary (After tax)

New York
Shanghai

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Nyc
Sha
Outside city centre
Nyc
Sha

Rent 3 bedroom apartment

Cost per month

In city centre
Nyc
Sha
Outside city centre
Nyc
Sha

Buy apartment

Price per m2

In city centre
Nyc
Sha
Outside city centre
Nyc
Sha

Mortgage rates

New York
4.5%
Shanghai
5.5%
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home insurance prices

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

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

New York
Shanghai

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Nyc
Sha

Mobile phone data

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

Nyc
Sha

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Nyc
Sha

Monthly pass

Regular price

Nyc
Sha

Fuel prices

Per Litre

New York
Shanghai

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Nyc
Sha
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car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

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

Pack of cigarettes

(Marlboro)

New York
Shanghai

Meat & cheese

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

Vegetables

Potatoes 1kg
Nyc
Sha
Lettuce 1 head
Nyc
Sha
Tomatoes 1kg
Nyc
Sha

Fruit

Apples 1kg
Nyc
Sha
Oranges 1 head
Nyc
Sha
Bananas 1kg
Nyc
Sha

Eating Out

  • Food
  • Drinks

Meal for two

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

Mcdonalds McMeal

Or equivalent combo meal

New York
4.5%
Shanghai
5.5%

Restaurant Prices in New York are 17.14% higher than in Shanghai

Drinks

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

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Nyc
Sha
Market 0.5L bottle
Nyc
Sha

Imported beer

Restaurant 0.33L bottle
Nyc
Sha
Market 0.33L bottle
Nyc
Sha

Bottle of wine

Mid-range, from supermarket

New York
5
Shanghai

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Nyc
Sha

Summer dress

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

Nyc
Sha

Shoes

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

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

New York
$15.33
Shanghai
$11.43

Tennis court rental

One hour on weekend

Nyc $4,070.74/mth
Sha $4,070.74/mth

Fitness club

Monthly fee for one adult

Nyc $4,070.74/mth
Sha $4,070.74/mth