Cost of living comparison

China

compared to

Venezuela

Valencia vs. Shanghai Cost of Living Summary

Valencia is 37.1% cheaper than Shanghai.

Restaurants: pay 2.1 times more in Valencia
Groceries: pay 28.9% more in Valencia
Transportation: pay 22.0% more in Valencia
Housing: pay 73.3% less in Valencia
Childcare: pay 92.0% less in Valencia
Entertainment and Sports: pay 20.9% less in Valencia
Clothing: pay 14.0% less in Valencia

The cost of restaurants, groceries, and transportation in Valencia are more expensive than in Shanghai. Expenses including childcare, housing, entertainment and sports, and clothing are lower in Valencia. Notably, restaurants is significantly more expensive in Valencia.

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Valencia vs. Shanghai Cost Breakdown

If you lived in Valencia instead of Shanghai, you would:

Display currency: USD

pay 2.1 times more for restaurants

	Shanghai	Valencia
Basic meal with drink at inexpensive restaurant	$4.47 CN¥29.86	$6.00 VEF59.85	+34.1%
Fast food combo meal McDonalds, or similar	$5.22 CN¥34.84	$16.00 VEF159.59	+206.5%
Bottle of Coca-Cola (11 fl. oz)	$0.60 CN¥4.00	$1.67 VEF16.62	+178.0%
Bottle of water (11 fl. oz)	$0.37 CN¥2.47	$1.27 VEF12.63	+242.4%
Average			+111.6%

Shanghai vs. Valencia - Cost of restaurants

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pay 28.9% more for groceries

	Shanghai	Valencia
Bread 1 loaf	$1.98 CN¥13.18	$1.33 VEF13.27	-32.7%
Local cheese (8 oz)	$8.60 CN¥57.38	$3.15 VEF31.42	-63.4%
Milk (1 gallon)	$6.88 CN¥45.90	$7.90 VEF78.82	+14.9%
Eggs 1 dozen	$1.70 CN¥11.33	$2.18 VEF21.76	+28.5%
Boneless chicken breast (1 lb)	$1.48 CN¥9.86	$3.17 VEF31.64	+114.6%
Apples (1 lb)	$0.99 CN¥6.63	$2.34 VEF23.32	+135.3%
Bananas (1 lb)	$0.77 CN¥5.14	$0.66 VEF6.63	-13.7%
Oranges (1 lb)	$0.90 CN¥6.03	$0.89 VEF8.85	-1.9%
Tomatoes (1 lb)	$0.77 CN¥5.13	$1.11 VEF11.05	+44.0%
Potatoes (1 lb)	$0.36 CN¥2.39	$1.25 VEF12.44	+248.4%
Onions (1 lb)	$0.43 CN¥2.89	$0.91 VEF9.05	+109.4%
Average			+28.9%

Shanghai vs. Valencia - Cost of groceries

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pay 22.0% more for transportation

	Shanghai	Valencia
Gasoline (1 gallon)	$4.96 CN¥33.13	$2.86 VEF28.51	-42.4%
Monthly public transit pass	$29.83 CN¥199.09	$50.00 VEF498.73	+67.6%
New Volkswagen Golf 1.4 (standard edition)	$19,374.76 CN¥129K	$31,000.00 VEF309K	+60.0%
Taxi trip in downtown area (5 miles)	$5.67 CN¥37.83	$19.25 VEF192.01	+239.6%
Average			+22.0%

Shanghai vs. Valencia - Cost of transportation

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pay 73.3% less for housing

	Shanghai	Valencia
Internet connection 50 mbps or faster, cable/dsl	$10.55 CN¥70.41	$36.25 VEF361.58	+243.6%
1-Bedroom apartment in downtown area	$1,036.96 CN¥6,920.65	$207.50 VEF2,069.71	-80.0%
1-Bedroom apartment outside city center	$588.71 CN¥3,929.04	$137.50 VEF1,371.49	-76.6%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$44.06 CN¥294.03	$15.29 VEF152.55	-65.3%
Average			-73.3%

Shanghai vs. Valencia - Cost of housing

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pay 92.0% less for childcare

	Shanghai	Valencia
Private preschool for 1 child, monthly	$1,413.50 CN¥9,433.67	$82.50 VEF822.90	-94.2%
Middle school for 1 child, two semesters	$27,686.22 CN¥185K	$3,000.00 VEF29,923.50	-89.2%
Average			-92.0%

Shanghai vs. Valencia - Cost of childcare

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pay 20.9% less for entertainment and sports

	Shanghai	Valencia
Domestic/local beer (1 pint)	$1.19 CN¥7.96	$2.00 VEF19.95	+67.6%
Cappuccino in mid-range area	$3.35 CN¥22.36	$3.33 VEF33.25	-0.5%
Pack of cigarettes Marlboro or similar	$3.73 CN¥24.89	$2.50 VEF24.94	-33.0%
Monthly membership at local gym	$65.69 CN¥438.41	$35.83 VEF357.42	-45.5%
Movie ticket to theater/cinema	$8.95 CN¥59.73	$5.00 VEF49.87	-44.1%
Average			-20.9%

Shanghai vs. Valencia - Cost of entertainment and sports

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pay 14.0% less for clothing

	Shanghai	Valencia
Regular jeans Levi's brand	$54.37 CN¥362.87	$43.33 VEF432.23	-20.3%
Regular dress from H&M or similar store	$37.09 CN¥247.57	$46.67 VEF465.48	+25.8%
Running shoes Nike or Adidas	$75.49 CN¥503.82	$93.33 VEF930.95	+23.6%
Men's business shoes (leather)	$105.70 CN¥705.47	$46.67 VEF465.48	-55.9%
Average			-14.0%

Shanghai vs. Valencia - Cost of clothing

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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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