Last update: Oct 2026

Cost of Living Comparison Between Shanghai and Ulsan

For one person, living is cheaper in Shanghai: $1,244 a month against $1,339 in Ulsan, rent and utilities included – about $1,100 less a year. The total is higher in Ulsan despite lower rent and utilities.

61

Cost of Living Index in Shanghai
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Shanghai Living Index
65

Cost of Living Index in Ulsan
Learn more

Ulsan Living Index

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Shanghai

🇨🇳 China

$1,244

/mo nomad

Ulsan

🇰🇷 South Korea

$1,339

/mo nomad

Monthly Cost of Living

How much you'll spend in Shanghai and in Ulsan

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

Monthly costs for one person with rent: $1,244 in Shanghai versus $1,339 in Ulsan.

Shanghai $1,244
Ulsan $1,339

Estimated couple costs with rent: $1,999 in Shanghai versus $2,185 in Ulsan.

Shanghai $1,999
Ulsan $2,185

Monthly costs for a family of three with rent: $2,755 in Shanghai versus $3,030 in Ulsan.

Shanghai $2,755
Ulsan $3,030

Living in Shanghai costs roughly 7% less than in Ulsan, and outside of rent the biggest gap is in groceries.

Both cities sit below the global median: Shanghai 8% lower, Ulsan 1% lower.

Meal at Budget Restaurant

$4.56 ¥30.47

$7.62 ₩10.1K

-40.16%

Three-Course Dinner for Two, Mid-Range

$30.21 ¥202

$44.63 ₩59.3K

-32.31%

Fast Food Meal (McDonalds, etc)

$5.25 ¥35.13

$5.93 ₩7,882

-11.47%

Cappuccino

$3.28 ¥21.94

$3.32 ₩4,410

-1.20%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.57 ¥3.84

$0.88 ₩1,175

-35.23%

Water (0.33 liter bottle)

$0.36 ¥2.39

$0.47 ₩619

-23.40%

Local Beer (0.5 liter draught)

$1.23 ¥8.23

$3.01 ₩4,006

-59.14%

Imported Beer (0.33 liter bottle)

$2.27 ¥15.18

$4.38 ₩5,826

-48.17%

Milk (1 liter)

$1.84 ¥12.30

$2.36 ₩3,139

-22.03%

White Bread (500g)

$1.96 ¥13.08

$3.25 ₩4,315

-39.69%

Rice (white) (1kg)

$1.03 ¥6.87

$3.16 ₩4,207

-67.41%

Eggs

$1.67 ¥11.16

$2.73 ₩3,634

-38.83%

Local Cheese (1kg)

$16.96 ¥113

$10.88 ₩14.5K

55.88%

Chicken Fillets (1kg)

$3.19 ¥21.33

$10.63 ₩14.1K

-69.99%

Beef Round Steak (1kg)

$12.90 ¥86.3

$24.54 ₩32.6K

-47.43%

Apples (1kg)

$2.24 ¥15.00

$11.39 ₩15.1K

-80.33%

Banana (1kg)

$1.66 ¥11.13

$3.74 ₩4,975

-55.61%

Oranges (1kg)

$2.02 ¥13.54

$8.09 ₩10.8K

-75.03%

Tomato (1kg)

$1.66 ¥11.08

$6.05 ₩8,048

-72.56%

Potato (1kg)

$0.77 ¥5.17

$6.01 ₩7,992

-87.19%

Onion (1kg)

$0.93 ¥6.21

$3.26 ₩4,328

-71.47%

Lettuce (1 head)

$0.63 ¥4.19

$2.89 ₩3,844

-78.20%

Water (1.5 liter bottle)

$0.60 ¥3.99

$1.28 ₩1,707

-53.13%

Cigarettes 20 Pack (Marlboro, Camel)

$3.80 ¥25.44

$3.12 ₩4,154

21.79%

Wine (Bottle)

$10.87 ¥72.7

$18.52 ₩24.6K

-41.31%

Local Beer (0.5 liter bottle)

$0.82 ¥5.51

$2.45 ₩3,264

-66.53%

Imported Beer (0.33 liter bottle)

$1.61 ¥10.76

$3.44 ₩4,577

-53.20%

One-way Ticket (Public Transport)

$0.61 ¥4.11

$1.14 ₩1,511

-46.49%

Public Transport Monthly Pass (Regular Price)

$29.40 ¥197

Taxi Start (Normal Tariff)

$2.11 ¥14.11

$2.89 ₩3,849

-26.99%

Taxi (Normal Tariff) (1km)

$0.43 ¥2.87

$0.78 ₩1,040

-44.87%

Taxi 1hour Waiting (Normal Tariff)

$9.06 ¥60.6

$16.96 ₩22.6K

-46.58%

Gasoline (1 liter)

$1.33 ¥8.89

$1.43 ₩1,899

-6.99%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$19.0K ¥127.2K

$30.0K ₩39.9M

-36.62%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$18.7K ¥125.1K

$34.1K ₩45.4M

-45.19%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$57.8 ¥387

$197 ₩261.8K

-70.64%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$8.09 ¥54.1

$37.06 ₩49.3K

-78.17%

Internet (50+ Mbps, Unlimited Data)

$10.48 ¥70.0

$27.21 ₩36.2K

-61.48%

Gym Membership (Monthly)

$65.7 ¥439

$60.4 ₩80.3K

8.72%

Tennis Court (1 Hour on Weekend)

$17.82 ¥119

Cinema Ticket

$8.95 ¥59.9

$10.30 ₩13.7K

-13.11%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,414 ¥9,451

$263 ₩349.3K

438.06%

International Primary School, 1 Child (Yearly)

$27.9K ¥186.2K

$22.0K ₩29.3M

26.43%

Jeans (Levis 501 Or Similar)

$54.0 ¥361

$51.5 ₩68.5K

4.79%

Summer Dress (H&M, Zara, etc)

$37.09 ¥248

$45.56 ₩60.6K

-18.59%

Sport Shoes (Adidas, Nike)

$74.3 ¥496

$61.0 ₩81.2K

21.64%

Men's Leather Business Shoes

$106 ¥706

$75.0 ₩99.7K

40.77%

1-bedroom Apartment, City Center (Monthly)

$1,055 ¥7,056

$373 ₩495.3K

183.27%

1-bedroom Apartment, Outside City Center (Monthly)

$585 ¥3,910

$244 ₩324.7K

139.46%

3-bedroom Apartment, City Center (Monthly)

$2,485 ¥16.6K

$761 ₩1.0M

226.60%

3-bedroom Apartment, Outside City Center (Monthly)

$1,232 ¥8,240

$648 ₩861.8K

90.13%

Buy Apartment in City Center (m2)

$13.9K ¥93.1K

$4,483 ₩6.0M

210.67%

Buy Apartment Outside City Center (m2)

$6,253 ¥41.8K

$2,479 ₩3.3M

152.28%

Average Monthly Net Salary (After Tax)

$1,711 ¥11.4K

$2,331 ₩3.1M

-26.61%

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 Ulsan: October 11, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Shanghai

$585 47%

Ulsan

$244 18.2% 58.2% $341

Groceries & Markets

Shanghai

$235 18.9%

Ulsan

$489 36.5% 108% $254

Clothing & Footwear

Shanghai

$122 9.8%

Ulsan

$105 7.8% 13.9% $17

Eating Out

Shanghai

$106 8.5%

Ulsan

$148 11% 39.4% $42

Sport & Entertainment

Shanghai

$84 6.7%

Ulsan

$81 6.1% 3.1% $2.6

Monthly Utilities & Internet

Shanghai

$76 6.1%

Ulsan

$261 19.5% 242% $185

Getting Around

Shanghai

$36 2.9%

Ulsan

$11 * 0.9% 68.6% $25

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 $373 in Ulsan. Housing cost is often the main lever when comparing two cities.

Ulsan pays 36% 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 $45.00 in Ulsan for a mid-range dinner for two. Groceries echo the gap at $235 vs $489 per month, with Shanghai cheaper across the board.

Good to know

🇨🇳 Shanghai

🇰🇷 Ulsan

🕒 Local time

10:00 10:00 AM

11:00 11:00 AM

1 h ahead of Shanghai

🌤 Weather

👥 Population

24,870,895

1,129,827

💱 Currency

Chinese Yuan CNY ¥

South Korean Won KRW ₩

📈 Exchange rate

1 CNY = 0.15 USD

1 CNY = 0.133 EUR

10,000 KRW = 7.52 USD

10,000 KRW = 6.69 EUR

Exchange rates and currency converter

KRW, USD, EUR to CNY – Chinese Yuan Converter

🇺🇸 United States Dollar ($)

🇨🇳 Chinese Yuan (¥)

Chinese Yuan exchange rates as of October 18, 2026: 1 USD = 6.69 CNY (1 CNY = 0.15 USD). 1 EUR = 7.52 CNY (1 CNY = 0.133 EUR).

South Korean Won exchange rates as of October 18, 2026: 1 USD = 1,330 KRW (10,000 KRW = 7.52 USD). 1 EUR = 1,495 KRW (10,000 KRW = 6.69 EUR).

USD to CNY in detail →

On the map

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Between locations

Shanghai Ulsan 870 km ≈ 1 h 30 min nonstop flight

From you

Shanghai
Ulsan

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 Ulsan: Cost of Living - Frequently Asked Questions

Shanghai and Ulsan differ by about 8% in total monthly costs ($1,244 vs $1,339 including rent). Shanghai is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 36% lower in Ulsan. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,055 in Shanghai versus $373 in Ulsan. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 108% higher in Ulsan. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $1,244 per month in Shanghai versus $1,339 in Ulsan – a 8% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,244 in Shanghai versus $1,339 in Ulsan, a $2,000 budget is realistic in Shanghai but tight or insufficient in Ulsan. The gap between the two cities makes Shanghai the clear choice for anyone on this budget.

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.

Safety-wise, Shanghai and Ulsan are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Shanghai gentler on the wallet – expenses run 8% less than in Ulsan. Beyond cost, consider language, visa policies, and how big the international community is in each city.