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
Shanghai vs Singapore
Sha vs Sin

Average net salary (After tax)

Singapore
Shanghai

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Sin
Sha
Outside city centre
Sin
Sha

Rent 3 bedroom apartment

Cost per month

In city centre
Sin
Sha
Outside city centre
Sin
Sha

Buy apartment

Price per m2

In city centre
Sin
Sha
Outside city centre
Sin
Sha

Mortgage rates

Singapore
4.5%
Shanghai
5.5%
Compare our
home insurance prices

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

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

Singapore
Shanghai

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Sin
Sha

Mobile phone data

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

Sin
Sha

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Sin
Sha

Monthly pass

Regular price

Sin
Sha

Fuel prices

Per Litre

Singapore
Shanghai

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Sin
Sha
Compare our
car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

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

Pack of cigarettes

(Marlboro)

Singapore
Shanghai

Meat & cheese

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

Vegetables

Potatoes 1kg
Sin
Sha
Lettuce 1 head
Sin
Sha
Tomatoes 1kg
Sin
Sha

Fruit

Apples 1kg
Sin
Sha
Oranges 1 head
Sin
Sha
Bananas 1kg
Sin
Sha

Eating Out

  • Food
  • Drinks

Meal for two

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

Mcdonalds McMeal

Or equivalent combo meal

Singapore
4.5%
Shanghai
5.5%

Restaurant Prices in Singapore are 17.14% higher than in Shanghai

Drinks

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

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Sin
Sha
Market 0.5L bottle
Sin
Sha

Imported beer

Restaurant 0.33L bottle
Sin
Sha
Market 0.33L bottle
Sin
Sha

Bottle of wine

Mid-range, from supermarket

Singapore
5
Shanghai

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Sin
Sha

Summer dress

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

Sin
Sha

Shoes

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

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Singapore
$15.33
Shanghai
$11.43

Tennis court rental

One hour on weekend

Sin $4,070.74/mth
Sha $4,070.74/mth

Fitness club

Monthly fee for one adult

Sin $4,070.74/mth
Sha $4,070.74/mth