Cost of living comparison
compared to
Fairbanks vs. Shanghai Cost of Living Summary
Fairbanks is 2.1 times more expensive than Shanghai.
- Restaurants
-
pay 4.3 times more in Fairbanks
- Groceries
-
pay 2.4 times more in Fairbanks
- Transportation
-
pay 31.2% more in Fairbanks
- Housing
-
pay 2.3 times more in Fairbanks
- Childcare
-
pay 28.4% more in Fairbanks
- Entertainment and Sports
-
pay 2.4 times more in Fairbanks
- Clothing
-
pay 21.1% more in Fairbanks
Fairbanks vs. Shanghai Cost Breakdown
If you lived in Fairbanks instead of Shanghai, you would:
pay 4.3 times more for restaurants
|
Shanghai
|
Fairbanks
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.47
CN¥29.86
|
$25.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.22
CN¥34.84
|
$15.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.60
CN¥4.00
|
$2.75
|
|
| Bottle of water (11 fl. oz) |
$0.37
CN¥2.47
|
$2.00
|
|
Shanghai vs. Fairbanks - Cost of restaurants
pay 2.4 times more for groceries
|
Shanghai
|
Fairbanks
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.98
CN¥13.18
|
$5.33
|
|
| Local cheese (8 oz) |
$8.60
CN¥57.38
|
$11.02
|
|
| Milk (1 gallon) |
$6.88
CN¥45.90
|
$4.32
|
|
|
Eggs
1 dozen
|
$1.70
CN¥11.33
|
$4.33
|
|
| Boneless chicken breast (1 lb) |
$1.48
CN¥9.86
|
$4.00
|
|
| Apples (1 lb) |
$0.99
CN¥6.63
|
$3.50
|
|
| Bananas (1 lb) |
$0.77
CN¥5.14
|
$0.96
|
|
| Oranges (1 lb) |
$0.90
CN¥6.03
|
$2.67
|
|
| Tomatoes (1 lb) |
$0.77
CN¥5.13
|
$2.86
|
|
| Potatoes (1 lb) |
$0.36
CN¥2.39
|
$1.66
|
|
| Onions (1 lb) |
$0.43
CN¥2.89
|
$1.66
|
|
Shanghai vs. Fairbanks - Cost of groceries
pay 31.2% more for transportation
|
Shanghai
|
Fairbanks
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.96
CN¥33.13
|
$4.78
|
|
| Monthly public transit pass |
$29.83
CN¥199.09
|
$40.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$19,374.76
CN¥129K
|
?? | |
| Taxi trip in downtown area (5 miles) |
$5.67
CN¥37.83
|
$20.90
|
|
Shanghai vs. Fairbanks - Cost of transportation
pay 2.3 times more for housing
|
Shanghai
|
Fairbanks
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$10.55
CN¥70.41
|
$141.67
|
|
| 1-Bedroom apartment in downtown area |
$1,036.96
CN¥6,920.65
|
$1,581.00
|
|
| 1-Bedroom apartment outside city center |
$588.71
CN¥3,929.04
|
$1,376.33
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$44.06
CN¥294.03
|
$161.92
|
|
Shanghai vs. Fairbanks - Cost of housing
pay 28.4% more for childcare
|
Shanghai
|
Fairbanks
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,413.50
CN¥9,433.67
|
$1,815.50
|
|
| Middle school for 1 child, two semesters |
$27,686.22
CN¥185K
|
?? | |
Shanghai vs. Fairbanks - Cost of childcare
pay 2.4 times more for entertainment and sports
|
Shanghai
|
Fairbanks
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.19
CN¥7.96
|
$7.00
|
|
| Cappuccino in mid-range area |
$3.35
CN¥22.36
|
$6.24
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.73
CN¥24.89
|
$12.00
|
|
| Monthly membership at local gym |
$65.69
CN¥438.41
|
$100.00
|
|
| Movie ticket to theater/cinema |
$8.95
CN¥59.73
|
$18.00
|
|
Shanghai vs. Fairbanks - Cost of entertainment and sports
pay 21.1% more for clothing
|
Shanghai
|
Fairbanks
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$54.37
CN¥362.87
|
$60.00
|
|
|
Regular dress
from H&M or similar store
|
$37.09
CN¥247.57
|
$40.00
|
|
|
Running shoes
Nike or Adidas
|
$75.49
CN¥503.82
|
$120.00
|
|
| Men's business shoes (leather) |
$105.70
CN¥705.47
|
$120.00
|
|
Shanghai vs. Fairbanks - Cost of clothing
We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this
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