Last update: Oct 2026

Cost of Living Comparison Between Shanghai and Geoje

For one person, living is cheaper in Shanghai: $1,244 a month against $1,738 in Geoje, rent and utilities included – about $5,900 less a year. Other living expenses account for most of the difference.

Shanghai
🇨🇳 China
$1,244
/mo nomad
Geoje
🇰🇷 South Korea
$1,738
/mo nomad
Monthly Cost of Living

How much you'll spend in Shanghai and in Geoje

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

A single person spends $1,244 per month in Shanghai vs $1,738 in Geoje, rent included.

  • Shanghai $1,244
  • Geoje $1,738

A couple spends around $1,999 per month in Shanghai vs $2,672 in Geoje, rent included.

  • Shanghai $1,999
  • Geoje $2,672

A family of three spends $2,755 per month in Shanghai vs $3,606 in Geoje, rent included.

  • Shanghai $2,755
  • Geoje $3,606

Shanghai is about 28% cheaper than Geoje, and outside of rent the biggest gap is in groceries.

Shanghai sits 8% below the global median, while Geoje is 29% above – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Shanghai
Geoje
Difference
Meal at Budget Restaurant
$4.56 ¥30.43
$7.40 ₩9,877
-38.38%
Three-Course Dinner for Two, Mid-Range
$30.21 ¥202
$48.64 ₩64.9K
-37.89%
Fast Food Meal (McDonalds, etc)
$5.25 ¥35.08
$6.73 ₩8,985
-21.99%
Cappuccino
$3.28 ¥21.91
$3.58 ₩4,783
-8.38%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.57 ¥3.84
$1.85 ₩2,471
-69.19%
Water (0.33 liter bottle)
$0.36 ¥2.38
$1.10 ₩1,473
-67.27%
Local Beer (0.5 liter draught)
$1.23 ¥8.22
$1.92 ₩2,555
-35.94%
Imported Beer (0.33 liter bottle)
$2.27 ¥15.16
$3.81 ₩5,084
-40.42%
🛒 Groceries & Markets
Shanghai
Geoje
Difference
Milk (1 liter)
$1.84 ¥12.28
$2.35 ₩3,134
-21.70%
White Bread (500g)
$1.96 ¥13.06
$2.97 ₩3,961
-34.01%
Rice (white) (1kg)
$1.03 ¥6.86
$3.11 ₩4,146
-66.88%
Eggs
$1.67 ¥11.15
$2.70 ₩3,605
-38.15%
Local Cheese (1kg)
$16.96 ¥113
$11.00 ₩14.7K
54.18%
Chicken Fillets (1kg)
$3.19 ¥21.30
$7.46 ₩9,948
-57.24%
Beef Round Steak (1kg)
$12.90 ¥86.1
$22.69 ₩30.3K
-43.15%
Apples (1kg)
$2.24 ¥14.98
$11.16 ₩14.9K
-79.93%
Banana (1kg)
$1.66 ¥11.12
$3.57 ₩4,762
-53.50%
Oranges (1kg)
$2.02 ¥13.52
$6.16 ₩8,225
-67.21%
Tomato (1kg)
$1.66 ¥11.07
$5.90 ₩7,871
-71.86%
Potato (1kg)
$0.77 ¥5.17
$5.91 ₩7,885
-86.97%
Onion (1kg)
$0.93 ¥6.20
$3.41 ₩4,551
-72.73%
Lettuce (1 head)
$0.63 ¥4.18
$2.79 ₩3,720
-77.42%
Water (1.5 liter bottle)
$0.60 ¥3.98
$1.28 ₩1,709
-53.13%
Cigarettes 20 Pack (Marlboro, Camel)
$3.80 ¥25.40
$3.44 ₩4,590
10.47%
Wine (Bottle)
$10.87 ¥72.6
$13.08 ₩17.5K
-16.90%
Local Beer (0.5 liter bottle)
$0.82 ¥5.50
$1.91 ₩2,543
-57.07%
Imported Beer (0.33 liter bottle)
$1.61 ¥10.75
$3.38 ₩4,509
-52.37%
🚌 Getting Around
Shanghai
Geoje
Difference
One-way Ticket (Public Transport)
$0.61 ¥4.11
$1.24 ₩1,656
-50.81%
Public Transport Monthly Pass (Regular Price)
$29.40 ¥196
-
-
Taxi Start (Normal Tariff)
$2.11 ¥14.09
$2.93 ₩3,908
-27.99%
Taxi (Normal Tariff) (1km)
$0.43 ¥2.86
$0.78 ₩1,045
-44.87%
Taxi 1hour Waiting (Normal Tariff)
$9.06 ¥60.5
$17.03 ₩22.7K
-46.80%
Gasoline (1 liter)
$1.33 ¥8.88
$1.43 ₩1,904
-6.99%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$19.0K ¥127.0K
$29.3K ₩39.1M
-35.10%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$18.7K ¥124.9K
$33.7K ₩45.0M
-44.55%
🧾 Monthly Utilities & Internet
Shanghai
Geoje
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$57.8 ¥386
$199 ₩265.6K
-70.96%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$8.09 ¥54.0
$36.82 ₩49.1K
-78.03%
Internet (50+ Mbps, Unlimited Data)
$10.48 ¥69.9
$27.67 ₩36.9K
-62.13%
🎉 Sport & Entertainment
Shanghai
Geoje
Difference
Gym Membership (Monthly)
$65.7 ¥439
$131 ₩175.3K
-50.02%
Tennis Court (1 Hour on Weekend)
$17.82 ¥119
-
-
Cinema Ticket
$8.95 ¥59.8
$11.88 ₩15.9K
-24.66%
🧸 Childcare & Education
Shanghai
Geoje
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,414 ¥9,438
$644 ₩858.9K
119.59%
International Primary School, 1 Child (Yearly)
$27.9K ¥186.0K
$22.0K ₩29.3M
26.71%
👕👟 Clothing & Footwear
Shanghai
Geoje
Difference
Jeans (Levis 501 Or Similar)
$54.0 ¥360
$106 ₩141.8K
-49.20%
Summer Dress (H&M, Zara, etc)
$37.09 ¥248
$65.1 ₩86.9K
-43.03%
Sport Shoes (Adidas, Nike)
$74.3 ¥496
$52.8 ₩70.4K
40.63%
Men's Leather Business Shoes
$106 ¥705
$126 ₩167.6K
-15.96%
🏠 Accommodation & Living
Shanghai
Geoje
Difference
1-bedroom Apartment, City Center (Monthly)
$1,055 ¥7,046
$667 ₩890.1K
58.17%
1-bedroom Apartment, Outside City Center (Monthly)
$585 ¥3,904
$559 ₩745.5K
4.65%
3-bedroom Apartment, City Center (Monthly)
$2,485 ¥16.6K
$1,163 ₩1.6M
113.63%
3-bedroom Apartment, Outside City Center (Monthly)
$1,232 ¥8,228
$1,037 ₩1.4M
18.80%
Buy Apartment in City Center (m2)
$13.9K ¥93.0K
-
-
Buy Apartment Outside City Center (m2)
$6,253 ¥41.7K
-
-
💵 Salaries & Financials
Shanghai
Geoje
Difference
Average Monthly Net Salary (After Tax)
$1,711 ¥11.4K
$1,787 ₩2.4M
-4.27%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.36
4.22
-20.38%

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

Last update for Shanghai: October 12, 2026

Last update for Geoje: October 11, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Shanghai
$585
Geoje
$559 4.4% $26
Groceries & Markets
Shanghai
$235
Geoje
$440 87.3% $205
Clothing & Footwear
Shanghai
$122
Geoje
$157 29.1% $36
Eating Out
Shanghai
$106
Geoje
$151 42.8% $45
Sport & Entertainment
Shanghai
$84
Geoje
$155 85.6% $72
Monthly Utilities & Internet
Shanghai
$76
Geoje
$264 245% $187
Getting Around
Shanghai
$36
Geoje
$12 * 67.3% $24

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,055 in Shanghai versus $667 in Geoje. 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 4% higher in Geoje, 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 $30.00 in Shanghai versus $49.00 in Geoje. Monthly groceries follow the same trend: $235 vs $440 – making Shanghai the more affordable choice for daily food spending.

Good to know
🇨🇳 Shanghai
🇰🇷 Geoje
🕒 Local time
05:03 5:03 AM
06:03 6:03 AM
1 h ahead of Shanghai
🌤 Weather
👥 Population
24,870,895
254,073
💱 Currency
Exchange rates and currency converter

KRW, USD, EUR to CNY – Chinese Yuan Converter

Chinese Yuan exchange rates as of October 17, 2026: 1 USD = 6.68 CNY (1 CNY = 0.15 USD). 1 EUR = 7.51 CNY (1 CNY = 0.133 EUR).

South Korean Won exchange rates as of October 17, 2026: 1 USD = 1,334 KRW (10,000 KRW = 7.5 USD). 1 EUR = 1,500 KRW (10,000 KRW = 6.67 EUR).

On the map
Between locations
  • Shanghai Geoje 780 km ≈ 1 h 30 min nonstop flight
From you
  • Shanghai
  • Geoje

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
Shanghai vs Geoje: Cost of Living - Frequently Asked Questions
Which city is more expensive, Shanghai or Geoje?
Geoje costs about 40% more than Shanghai, and outside of rent the gap comes mainly from groceries. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.
How much do you need to earn to live comfortably in Shanghai and in Geoje?
For a comfortable life, plan on about $1,865 per month in Shanghai and $2,607 in Geoje. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Where is rent cheaper, Shanghai or Geoje?
Rent is clearly cheaper in Shanghai, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
How much does it cost to live in Shanghai compared to Geoje?
Monthly expenses with rent come to $1,244 in Shanghai and $1,738 in Geoje. That's a gap of about 40%.
How do childcare costs compare in Shanghai and in Geoje?
Kindergarten costs $1,414 per month in Shanghai and $644 in Geoje. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Can you live on $2,000/month in Shanghai or in Geoje?
A $2,000 monthly budget goes further in Shanghai, where all-in costs run around $1,244, than in Geoje at $1,738. In Shanghai it covers expenses comfortably, while in Geoje it requires careful planning or may not stretch far enough.
Which city is better for families?
Families tend to lean toward Shanghai – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
How safe is Shanghai compared to Geoje?
Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.
Should I move to Shanghai or to Geoje?
If budget matters most, go with Shanghai. If higher salaries, better infrastructure, or specific career opportunities are the priority, Geoje makes more sense. Both are solid long-term options with distinct trade-offs.

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