Last update: Oct 2026

Cost of Living Comparison Between Shanghai and Gimhae

For one person, living is cheaper in Shanghai: $1,244 a month against $1,541 in Gimhae, rent and utilities included – about $3,600 less a year. The total is higher in Gimhae despite lower rent and utilities.

Shanghai
🇨🇳 China
$1,244
/mo nomad
Gimhae
🇰🇷 South Korea
$1,541
/mo nomad
Monthly Cost of Living

How much you'll spend in Shanghai and in Gimhae

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 Gimhae actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,244 in Shanghai versus $1,541 in Gimhae.

  • Shanghai $1,244
  • Gimhae $1,541

Estimated couple costs with rent: $1,999 in Shanghai versus $2,437 in Gimhae.

  • Shanghai $1,999
  • Gimhae $2,437

Monthly costs for a family of three with rent: $2,755 in Shanghai versus $3,333 in Gimhae.

  • Shanghai $2,755
  • Gimhae $3,333

Living in Shanghai costs roughly 19% less than in Gimhae, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Shanghai is 8% below, Gimhae is 14% above.

Currency
🍽 Eating Out
Shanghai
Gimhae
Difference
Meal at Budget Restaurant
$4.56 ¥30.43
$7.67 ₩10.2K
-40.55%
Three-Course Dinner for Two, Mid-Range
$30.21 ¥202
$48.55 ₩64.8K
-37.78%
Fast Food Meal (McDonalds, etc)
$5.25 ¥35.08
$6.61 ₩8,821
-20.57%
Cappuccino
$3.28 ¥21.91
$3.59 ₩4,787
-8.64%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.57 ¥3.84
$1.84 ₩2,460
-69.02%
Water (0.33 liter bottle)
$0.36 ¥2.38
$1.40 ₩1,872
-74.29%
Local Beer (0.5 liter draught)
$1.23 ¥8.22
$3.75 ₩4,997
-67.20%
Imported Beer (0.33 liter bottle)
$2.27 ¥15.16
$4.24 ₩5,651
-46.46%
🛒 Groceries & Markets
Shanghai
Gimhae
Difference
Milk (1 liter)
$1.84 ¥12.28
$2.25 ₩3,007
-18.22%
White Bread (500g)
$1.96 ¥13.06
$3.19 ₩4,252
-38.56%
Rice (white) (1kg)
$1.03 ¥6.86
$3.05 ₩4,066
-66.23%
Eggs
$1.67 ¥11.15
$2.70 ₩3,600
-38.15%
Local Cheese (1kg)
$16.96 ¥113
$11.02 ₩14.7K
53.90%
Chicken Fillets (1kg)
$3.19 ¥21.30
$10.56 ₩14.1K
-69.79%
Beef Round Steak (1kg)
$12.90 ¥86.1
$25.32 ₩33.8K
-49.05%
Apples (1kg)
$2.24 ¥14.98
$11.29 ₩15.1K
-80.16%
Banana (1kg)
$1.66 ¥11.12
$3.59 ₩4,791
-53.76%
Oranges (1kg)
$2.02 ¥13.52
$8.31 ₩11.1K
-75.69%
Tomato (1kg)
$1.66 ¥11.07
$6.04 ₩8,061
-72.52%
Potato (1kg)
$0.77 ¥5.17
$6.15 ₩8,201
-87.48%
Onion (1kg)
$0.93 ¥6.20
$3.29 ₩4,395
-71.73%
Lettuce (1 head)
$0.63 ¥4.18
$2.85 ₩3,808
-77.89%
Water (1.5 liter bottle)
$0.60 ¥3.98
$1.27 ₩1,701
-52.76%
Cigarettes 20 Pack (Marlboro, Camel)
$3.80 ¥25.40
$3.38 ₩4,510
12.43%
Wine (Bottle)
$10.87 ¥72.6
$18.56 ₩24.8K
-41.43%
Local Beer (0.5 liter bottle)
$0.82 ¥5.50
$2.39 ₩3,184
-65.69%
Imported Beer (0.33 liter bottle)
$1.61 ¥10.75
$3.50 ₩4,669
-54.00%
🚌 Getting Around
Shanghai
Gimhae
Difference
One-way Ticket (Public Transport)
$0.61 ¥4.11
$1.09 ₩1,456
-44.04%
Public Transport Monthly Pass (Regular Price)
$29.40 ¥196
-
-
Taxi Start (Normal Tariff)
$2.11 ¥14.09
$3.65 ₩4,876
-42.19%
Taxi (Normal Tariff) (1km)
$0.43 ¥2.86
$0.77 ₩1,027
-44.16%
Taxi 1hour Waiting (Normal Tariff)
$9.06 ¥60.5
$16.84 ₩22.5K
-46.20%
Gasoline (1 liter)
$1.33 ¥8.88
$1.28 ₩1,713
3.91%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$19.0K ¥127.0K
$29.4K ₩39.3M
-35.39%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$18.7K ¥124.9K
$33.7K ₩45.0M
-44.52%
🧾 Monthly Utilities & Internet
Shanghai
Gimhae
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$57.8 ¥386
$202 ₩269.1K
-71.34%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$8.09 ¥54.0
$35.95 ₩48.0K
-77.50%
Internet (50+ Mbps, Unlimited Data)
$10.48 ¥69.9
$26.53 ₩35.4K
-60.50%
🎉 Sport & Entertainment
Shanghai
Gimhae
Difference
Gym Membership (Monthly)
$65.7 ¥439
$51.5 ₩68.6K
27.68%
Tennis Court (1 Hour on Weekend)
$17.82 ¥119
$12.05 ₩16.1K
47.88%
Cinema Ticket
$8.95 ¥59.8
$12.09 ₩16.1K
-25.97%
🧸 Childcare & Education
Shanghai
Gimhae
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,414 ¥9,438
$627 ₩836.6K
125.42%
International Primary School, 1 Child (Yearly)
$27.9K ¥186.0K
$21.5K ₩28.7M
29.66%
👕👟 Clothing & Footwear
Shanghai
Gimhae
Difference
Jeans (Levis 501 Or Similar)
$54.0 ¥360
$103 ₩137.7K
-47.70%
Summer Dress (H&M, Zara, etc)
$37.09 ¥248
$66.3 ₩88.4K
-44.05%
Sport Shoes (Adidas, Nike)
$74.3 ¥496
$92.2 ₩123.0K
-19.48%
Men's Leather Business Shoes
$106 ¥705
$127 ₩169.1K
-16.68%
🏠 Accommodation & Living
Shanghai
Gimhae
Difference
1-bedroom Apartment, City Center (Monthly)
$1,055 ¥7,046
$491 ₩655.4K
114.81%
1-bedroom Apartment, Outside City Center (Monthly)
$585 ¥3,904
$361 ₩482.2K
61.79%
3-bedroom Apartment, City Center (Monthly)
$2,485 ¥16.6K
$1,146 ₩1.5M
116.79%
3-bedroom Apartment, Outside City Center (Monthly)
$1,232 ¥8,228
$744 ₩992.5K
65.67%
Buy Apartment in City Center (m2)
$13.9K ¥93.0K
$7,025 ₩9.4M
98.26%
Buy Apartment Outside City Center (m2)
$6,253 ¥41.7K
$5,432 ₩7.2M
15.10%
💵 Salaries & Financials
Shanghai
Gimhae
Difference
Average Monthly Net Salary (After Tax)
$1,711 ¥11.4K
$2,546 ₩3.4M
-32.81%
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 Gimhae: October 11, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Shanghai
$585
Gimhae
$361 38.2% $223
Groceries & Markets
Shanghai
$235
Gimhae
$488 108% $254
Clothing & Footwear
Shanghai
$122
Gimhae
$175 43.4% $53
Eating Out
Shanghai
$106
Gimhae
$164 55.1% $58
Sport & Entertainment
Shanghai
$84
Gimhae
$76 9.5% $8
Monthly Utilities & Internet
Shanghai
$76
Gimhae
$264 246% $188
Getting Around
Shanghai
$36
Gimhae
$12 * 67.1% $24

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

Cost Breakdown

A one-bedroom apartment in the center runs $1,055 in Shanghai and $491 in Gimhae. Housing cost is often the main lever when comparing two cities.

Gimhae pays 49% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $30.00 in Shanghai vs $49.00 in Gimhae for a mid-range dinner for two. Groceries echo the gap at $235 vs $488 per month, with Shanghai cheaper across the board.

Good to know
🇨🇳 Shanghai
🇰🇷 Gimhae
🕒 Local time
04:19 4:19 AM
05:19 5:19 AM
1 h ahead of Shanghai
🌤 Weather
👥 Population
24,870,895
532,132
💱 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 Gimhae 820 km ≈ 1 h 30 min nonstop flight
From you
  • Shanghai
  • Gimhae

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 Gimhae: Cost of Living - Frequently Asked Questions
Which city is more expensive, Shanghai or Gimhae?
Shanghai wins on cost – living expenses run 24% lower than in Gimhae. Housing and daily spending are where you'll feel the difference most, making Shanghai the obvious pick if budget is a priority.
Are salaries higher in Shanghai or in Gimhae?
On paper, salaries run 49% lower in Gimhae. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.
How much does a 1-bedroom apartment cost in Shanghai compared to Gimhae?
Rent for a central apartment: $1,055 in Shanghai versus $491 in Gimhae. Housing is usually the single largest factor when comparing overall living costs between the two.
How do childcare costs compare in Shanghai and in Gimhae?
Childcare runs $1,414 in Shanghai versus $627 in Gimhae. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
How do dining costs compare in Shanghai and in Gimhae?
Dining out is cheaper in Shanghai – a meal for two runs $30.00 versus $49.00 in Gimhae. If you eat out regularly, this makes a real dent in your monthly spending.
Can you live on $2,000/month in Shanghai or in Gimhae?
At $1,244 in Shanghai versus $1,541 in Gimhae, a $2,000 budget is realistic in Shanghai but tight or insufficient in Gimhae. The gap between the two cities makes Shanghai the clear choice for anyone on this budget.
Which city offers a better quality of life: Shanghai or Gimhae?
Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.
How safe is Shanghai compared to Gimhae?
Safety-wise, Shanghai and Gimhae are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.
Which city is more affordable for expats?
Expats usually find Shanghai gentler on the wallet – expenses run 24% less than in Gimhae. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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