Cost of living comparison

Venezuela

compared to

China

Shanghai vs. Valencia Cost of Living Summary

Shanghai is 58.9% more expensive than Valencia.

Restaurants: pay 52.7% less in Shanghai
Groceries: pay 22.4% less in Shanghai
Transportation: pay 18.1% less in Shanghai
Housing: pay 3.8 times more in Shanghai
Childcare: pay 12.6 times more in Shanghai
Entertainment and Sports: pay 26.5% more in Shanghai
Clothing: pay 16.3% more in Shanghai

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

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Shanghai vs. Valencia Cost Breakdown

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

Display currency: USD

pay 52.7% less for restaurants

	Valencia	Shanghai
Basic meal with drink at inexpensive restaurant	$6.00 VEF59.85	$4.47 CN¥29.86	-25.4%
Fast food combo meal McDonalds, or similar	$16.00 VEF159.59	$5.22 CN¥34.84	-67.4%
Bottle of Coca-Cola (11 fl. oz)	$1.67 VEF16.62	$0.60 CN¥4.00	-64.0%
Bottle of water (11 fl. oz)	$1.27 VEF12.63	$0.37 CN¥2.47	-70.8%
Average			-52.7%

Valencia vs. Shanghai - Cost of restaurants

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pay 22.4% less for groceries

	Valencia	Shanghai
Bread 1 loaf	$1.33 VEF13.27	$1.98 CN¥13.18	+48.5%
Local cheese (8 oz)	$3.15 VEF31.42	$8.60 CN¥57.38	+172.9%
Milk (1 gallon)	$7.90 VEF78.82	$6.88 CN¥45.90	-13.0%
Eggs 1 dozen	$2.18 VEF21.76	$1.70 CN¥11.33	-22.2%
Boneless chicken breast (1 lb)	$3.17 VEF31.64	$1.48 CN¥9.86	-53.4%
Apples (1 lb)	$2.34 VEF23.32	$0.99 CN¥6.63	-57.5%
Bananas (1 lb)	$0.66 VEF6.63	$0.77 CN¥5.14	+15.9%
Oranges (1 lb)	$0.89 VEF8.85	$0.90 CN¥6.03	+1.9%
Tomatoes (1 lb)	$1.11 VEF11.05	$0.77 CN¥5.13	-30.6%
Potatoes (1 lb)	$1.25 VEF12.44	$0.36 CN¥2.39	-71.3%
Onions (1 lb)	$0.91 VEF9.05	$0.43 CN¥2.89	-52.2%
Average			-22.4%

Valencia vs. Shanghai - Cost of groceries

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pay 18.1% less for transportation

	Valencia	Shanghai
Gasoline (1 gallon)	$2.86 VEF28.51	$4.96 CN¥33.13	+73.7%
Monthly public transit pass	$50.00 VEF498.73	$29.83 CN¥199.09	-40.3%
New Volkswagen Golf 1.4 (standard edition)	$31,000.00 VEF309K	$19,374.76 CN¥129K	-37.5%
Taxi trip in downtown area (5 miles)	$19.25 VEF192.01	$5.67 CN¥37.83	-70.6%
Average			-18.1%

Valencia vs. Shanghai - Cost of transportation

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pay 3.8 times more for housing

	Valencia	Shanghai
Internet connection 50 mbps or faster, cable/dsl	$36.25 VEF361.58	$10.55 CN¥70.41	-70.9%
1-Bedroom apartment in downtown area	$207.50 VEF2,069.71	$1,036.96 CN¥6,920.65	+399.7%
1-Bedroom apartment outside city center	$137.50 VEF1,371.49	$588.71 CN¥3,929.04	+328.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$15.29 VEF152.55	$44.06 CN¥294.03	+188.1%
Average			+275.2%

Valencia vs. Shanghai - Cost of housing

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pay 12.6 times more for childcare

	Valencia	Shanghai
Private preschool for 1 child, monthly	$82.50 VEF822.90	$1,413.50 CN¥9,433.67	+1613.3%
Middle school for 1 child, two semesters	$3,000.00 VEF29,923.50	$27,686.22 CN¥185K	+822.9%
Average			+1157.5%

Valencia vs. Shanghai - Cost of childcare

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pay 26.5% more for entertainment and sports

	Valencia	Shanghai
Domestic/local beer (1 pint)	$2.00 VEF19.95	$1.19 CN¥7.96	-40.3%
Cappuccino in mid-range area	$3.33 VEF33.25	$3.35 CN¥22.36	+0.5%
Pack of cigarettes Marlboro or similar	$2.50 VEF24.94	$3.73 CN¥24.89	+49.2%
Monthly membership at local gym	$35.83 VEF357.42	$65.69 CN¥438.41	+83.3%
Movie ticket to theater/cinema	$5.00 VEF49.87	$8.95 CN¥59.73	+79.0%
Average			+26.5%

Valencia vs. Shanghai - Cost of entertainment and sports

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pay 16.3% more for clothing

	Valencia	Shanghai
Regular jeans Levi's brand	$43.33 VEF432.23	$54.37 CN¥362.87	+25.5%
Regular dress from H&M or similar store	$46.67 VEF465.48	$37.09 CN¥247.57	-20.5%
Running shoes Nike or Adidas	$93.33 VEF930.95	$75.49 CN¥503.82	-19.1%
Men's business shoes (leather)	$46.67 VEF465.48	$105.70 CN¥705.47	+126.5%
Average			+16.3%

Valencia vs. Shanghai - 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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