Last update: Oct 2026

Cost of Living Comparison Between Hangzhou and Shenzhen

For one person, living is cheaper in Hangzhou: $985 a month against $1,117 in Shenzhen, rent and utilities included – about $1,600 less a year. Higher rent and utilities in Shenzhen outweigh lower spending on other living expenses.

Hangzhou, China
Shenzhen, China
Hangzhou
🇨🇳 China
$985
/mo nomad
Shenzhen
🇨🇳 China
$1,117
/mo nomad
Monthly Cost of Living

How much you'll spend in Hangzhou and in Shenzhen

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Hangzhou and in Shenzhen actually costs, broken down by who's living it.

A single person spends $985 per month in Hangzhou vs $1,117 in Shenzhen, rent included.

  • Hangzhou $985
  • Shenzhen $1,117

A couple spends around $1,533 per month in Hangzhou vs $1,714 in Shenzhen, rent included.

  • Hangzhou $1,533
  • Shenzhen $1,714

A family of three spends $2,080 per month in Hangzhou vs $2,310 in Shenzhen, rent included.

  • Hangzhou $2,080
  • Shenzhen $2,310

Hangzhou is about 12% cheaper than Shenzhen, and outside of rent the biggest gap is in groceries.

Both Hangzhou and Shenzhen are more affordable than the global median – Hangzhou 28% lower, Shenzhen 18% lower.

Currency
🍽 Eating Out
Hangzhou
Shenzhen
Difference
Meal at Budget Restaurant
$3.73 ¥24.78
$3.66 ¥24.31
1.91%
Three-Course Dinner for Two, Mid-Range
$26.03 ¥173
$29.39 ¥195
-11.43%
Fast Food Meal (McDonalds, etc)
$4.68 ¥31.10
$5.28 ¥35.12
-11.36%
Cappuccino
$3.48 ¥23.15
$3.36 ¥22.31
3.57%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.61 ¥4.05
$0.58 ¥3.84
5.17%
Water (0.33 liter bottle)
$0.33 ¥2.20
$0.36 ¥2.37
-8.33%
Local Beer (0.5 liter draught)
$1.22 ¥8.07
$1.48 ¥9.81
-17.57%
Imported Beer (0.33 liter bottle)
$2.23 ¥14.80
$2.14 ¥14.24
4.21%
🛒 Groceries & Markets
Hangzhou
Shenzhen
Difference
Milk (1 liter)
$1.84 ¥12.20
$1.54 ¥10.21
19.48%
White Bread (500g)
$1.61 ¥10.71
$1.63 ¥10.83
-1.23%
Rice (white) (1kg)
$1.10 ¥7.32
$1.14 ¥7.59
-3.51%
Eggs
$2.11 ¥14.00
$1.75 ¥11.62
20.57%
Local Cheese (1kg)
$19.06 ¥127
$20.74 ¥138
-8.10%
Chicken Fillets (1kg)
$3.74 ¥24.87
$3.41 ¥22.68
9.68%
Beef Round Steak (1kg)
$10.29 ¥68.4
$14.42 ¥95.8
-28.64%
Apples (1kg)
$2.32 ¥15.41
$2.25 ¥14.94
3.11%
Banana (1kg)
$1.34 ¥8.91
$1.62 ¥10.77
-17.28%
Oranges (1kg)
$1.52 ¥10.09
$1.94 ¥12.86
-21.65%
Tomato (1kg)
$1.53 ¥10.18
$1.42 ¥9.46
7.75%
Potato (1kg)
$0.94 ¥6.22
$1.08 ¥7.19
-12.96%
Onion (1kg)
$0.94 ¥6.26
$1.28 ¥8.51
-26.56%
Lettuce (1 head)
$0.63 ¥4.17
$0.60 ¥3.96
5.00%
Water (1.5 liter bottle)
$0.55 ¥3.65
$0.56 ¥3.75
-1.79%
Cigarettes 20 Pack (Marlboro, Camel)
$4.02 ¥26.72
$4.43 ¥29.46
-9.26%
Wine (Bottle)
$13.38 ¥88.9
$12.08 ¥80.3
10.76%
Local Beer (0.5 liter bottle)
$0.77 ¥5.11
$0.92 ¥6.14
-16.30%
Imported Beer (0.33 liter bottle)
$1.65 ¥10.96
$1.83 ¥12.13
-9.84%
🚌 Getting Around
Hangzhou
Shenzhen
Difference
One-way Ticket (Public Transport)
$0.47 ¥3.13
$0.44 ¥2.90
6.82%
Public Transport Monthly Pass (Regular Price)
$17.73 ¥118
$18.05 ¥120
-1.77%
Taxi Start (Normal Tariff)
$1.96 ¥13.03
$1.53 ¥10.14
28.10%
Taxi (Normal Tariff) (1km)
$0.38 ¥2.55
$0.41 ¥2.74
-7.32%
Taxi 1hour Waiting (Normal Tariff)
$6.98 ¥46.41
$7.36 ¥48.90
-5.16%
Gasoline (1 liter)
$1.32 ¥8.74
$1.32 ¥8.76
-
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$19.7K ¥131.1K
$19.2K ¥127.8K
2.61%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$18.4K ¥122.2K
$18.0K ¥119.9K
1.87%
🧾 Monthly Utilities & Internet
Hangzhou
Shenzhen
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$48.04 ¥319
$64.8 ¥430
-25.83%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$10.04 ¥66.7
$9.90 ¥65.8
1.41%
Internet (50+ Mbps, Unlimited Data)
$15.02 ¥99.8
$16.40 ¥109
-8.41%
🎉 Sport & Entertainment
Hangzhou
Shenzhen
Difference
Gym Membership (Monthly)
$52.8 ¥351
$48.95 ¥325
7.80%
Tennis Court (1 Hour on Weekend)
$20.00 ¥133
$16.95 ¥113
17.99%
Cinema Ticket
$7.55 ¥50.2
$7.28 ¥48.37
3.71%
🧸 Childcare & Education
Hangzhou
Shenzhen
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$577 ¥3,831
$537 ¥3,567
7.41%
International Primary School, 1 Child (Yearly)
$35.8K ¥237.8K
$24.4K ¥162.2K
46.64%
👕👟 Clothing & Footwear
Hangzhou
Shenzhen
Difference
Jeans (Levis 501 Or Similar)
$60.2 ¥400
$55.7 ¥370
8.00%
Summer Dress (H&M, Zara, etc)
$42.24 ¥281
$40.56 ¥270
4.14%
Sport Shoes (Adidas, Nike)
$84.0 ¥558
$73.1 ¥485
15.03%
Men's Leather Business Shoes
$111 ¥735
$93.9 ¥624
17.81%
🏠 Accommodation & Living
Hangzhou
Shenzhen
Difference
1-bedroom Apartment, City Center (Monthly)
$552 ¥3,669
$753 ¥5,003
-26.67%
1-bedroom Apartment, Outside City Center (Monthly)
$352 ¥2,337
$471 ¥3,127
-25.26%
3-bedroom Apartment, City Center (Monthly)
$1,117 ¥7,422
$1,847 ¥12.3K
-39.54%
3-bedroom Apartment, Outside City Center (Monthly)
$627 ¥4,164
$830 ¥5,516
-24.51%
Buy Apartment in City Center (m2)
$7,668 ¥51.0K
$13.2K ¥87.6K
-41.85%
Buy Apartment Outside City Center (m2)
$3,819 ¥25.4K
$6,479 ¥43.1K
-41.05%
💵 Salaries & Financials
Hangzhou
Shenzhen
Difference
Average Monthly Net Salary (After Tax)
$1,582 ¥10.5K
$1,763 ¥11.7K
-10.24%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.5
3.35
4.48%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Hangzhou: October 25, 2026

Last update for Shenzhen: October 27, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Hangzhou
$352
Shenzhen
$471 33.8% $119
Groceries & Markets
Hangzhou
$235
Shenzhen
$249 5.9% $14
Clothing & Footwear
Hangzhou
$134
Shenzhen
$118 11.4% $15
Eating Out
Hangzhou
$100
Shenzhen
$101 0.9% $0.9
Monthly Utilities & Internet
Hangzhou
$73
Shenzhen
$91 24.6% $18
Sport & Entertainment
Hangzhou
$68
Shenzhen
$64 6.4% $4.4
Getting Around
Hangzhou
$23
Shenzhen
$23 0.5% $0.1

Cost Breakdown

A central one-bedroom costs $552 in Hangzhou versus $753 in Shenzhen. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 11% higher in Shenzhen, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $26 in Hangzhou versus $29 in Shenzhen. Monthly groceries follow the same trend: $235 vs $249 – making Hangzhou the more affordable choice for daily food spending.

Good to know
🇨🇳 Hangzhou
🇨🇳 Shenzhen
🕒 Local time
21:13 9:13 PM
21:13 9:13 PM
Same time as Hangzhou
🌤 Weather
👥 Population
10,360,000
12,528,300
💱 Currency
Exchange rates and currency converter

USD, EUR to CNY – Chinese Yuan Converter

Chinese Yuan exchange rates as of November 1, 2026: 1 USD = 6.64 CNY (1 CNY = 0.15 USD). 1 EUR = 7.42 CNY (1 CNY = 0.135 EUR).

On the map
Between locations
  • Hangzhou Shenzhen 1,050 km ≈ 1 h 45 min nonstop flight
From you
  • Hangzhou
  • Shenzhen

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
Hangzhou vs Shenzhen: Cost of Living - Frequently Asked Questions
Is Hangzhou cheaper than Shenzhen?
Yes – Shenzhen is pricier by about 13%, and outside of rent the gap shows up most in groceries.
What income do you need for each city?
For a comfortable life, plan on about $1,477 per month in Hangzhou and $1,675 in Shenzhen. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Hangzhou, especially for central apartments: a one-bedroom in the center costs $552 there versus $753 in Shenzhen.
Is eating out cheaper in Hangzhou or in Shenzhen?
A mid-range dinner for two costs $26 in Hangzhou and $29 in Shenzhen. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.
How do food prices compare in Hangzhou and in Shenzhen?
Groceries cost about 6% more in Shenzhen, though the gap depends on what you buy.
Which city is the better choice to relocate to?
If budget matters most, go with Hangzhou. If higher salaries or specific career opportunities are the priority, Shenzhen makes more sense. Both are solid long-term options with distinct trade-offs.

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