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Money magazine
Insurer of the
Year 2017-21

prices shown in
Toronto vs Shanghai
Tor vs Sha

Average net salary (After tax)

Shanghai
Toronto

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Sha
Tor
Outside city centre
Sha
Tor

Rent 3 bedroom apartment

Cost per month

In city centre
Sha
Tor
Outside city centre
Sha
Tor

Buy apartment

Price per m2

In city centre
Sha
Tor
Outside city centre
Sha
Tor

Mortgage rates

Shanghai
4.5%
Toronto
5.5%
Compare our
home insurance prices

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

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

Shanghai
Toronto

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Sha
Tor

Mobile phone data

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

Sha
Tor

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Sha
Tor

Monthly pass

Regular price

Sha
Tor

Fuel prices

Per Litre

Shanghai
Toronto

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Sha
Tor
Compare our
car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

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

Pack of cigarettes

(Marlboro)

Shanghai
Toronto

Meat & cheese

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

Vegetables

Potatoes 1kg
Sha
Tor
Lettuce 1 head
Sha
Tor
Tomatoes 1kg
Sha
Tor

Fruit

Apples 1kg
Sha
Tor
Oranges 1 head
Sha
Tor
Bananas 1kg
Sha
Tor

Eating Out

  • Food
  • Drinks

Meal for two

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

Mcdonalds McMeal

Or equivalent combo meal

Shanghai
4.5%
Toronto
5.5%

Restaurant Prices in Shanghai are 17.14% higher than in Toronto

Drinks

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

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Sha
Tor
Market 0.5L bottle
Sha
Tor

Imported beer

Restaurant 0.33L bottle
Sha
Tor
Market 0.33L bottle
Sha
Tor

Bottle of wine

Mid-range, from supermarket

Shanghai
5
Toronto

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Sha
Tor

Summer dress

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

Sha
Tor

Shoes

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

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Shanghai
$15.33
Toronto
$11.43

Tennis court rental

One hour on weekend

Sha $4,070.74/mth
Tor $4,070.74/mth

Fitness club

Monthly fee for one adult

Sha $4,070.74/mth
Tor $4,070.74/mth