Cost of living comparison

compared to

Shanghai vs. Waterloo Cost of Living Summary

Shanghai is 26.8% cheaper than Waterloo.

Restaurants
pay 66.1% less in Shanghai
Groceries
pay 36.1% less in Shanghai
Transportation
pay 24.7% less in Shanghai
Housing
pay 21.9% less in Shanghai
Childcare
pay 1.5% less in Shanghai
Entertainment and Sports
pay 28.4% less in Shanghai
Clothing
pay 83.2% more in Shanghai

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

Shanghai vs. Waterloo Cost Breakdown

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

pay 66.1% less for restaurants

 
Waterloo
Shanghai
Basic meal with drink at inexpensive restaurant $16.00
 
$4.47
CN¥29.87
Fast food combo meal
McDonalds, or similar
$9.00
 
$5.22
CN¥34.85
Bottle of Coca-Cola (11 fl. oz) $2.65
 
$0.60
CN¥4.00

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pay 36.1% less for groceries

 
Waterloo
Shanghai
Bread
1 loaf
$2.37
 
$1.98
CN¥13.19
Local cheese (8 oz) $6.61
 
$8.60
CN¥57.39
Milk (1 gallon) $3.64
 
$6.88
CN¥45.91

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pay 24.7% less for transportation

 
Waterloo
Shanghai
Gasoline (1 gallon) $3.74
 
$4.96
CN¥33.13
Monthly public transit pass ?? $29.83
CN¥199.12
New Volkswagen Golf 1.4 (standard edition) $35,957.00
 
$19,374.76
CN¥129K

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pay 21.9% less for housing

 
Waterloo
Shanghai
Internet connection
50 mbps or faster, cable/dsl
$60.00
 
$10.55
CN¥70.42
1-Bedroom apartment in downtown area $851.67
 
$1,036.96
CN¥6,921.79
1-Bedroom apartment outside city center $746.50
 
$588.71
CN¥3,929.69

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pay 1.5% less for childcare

 
Waterloo
Shanghai
Private preschool for 1 child, monthly $1,722.92
 
$1,413.50
CN¥9,435.22
Middle school for 1 child, two semesters $23,429.75
 
$27,686.22
CN¥185K

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pay 28.4% less for entertainment and sports

 
Waterloo
Shanghai
Domestic/local beer (1 pint) $4.00
 
$1.19
CN¥7.96
Cappuccino in mid-range area $5.73
 
$3.35
CN¥22.36
Pack of cigarettes
Marlboro or similar
$8.11
 
$3.73
CN¥24.89

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pay 83.2% more for clothing

 
Waterloo
Shanghai
Regular jeans
Levi's brand
$20.00
 
$54.37
CN¥362.93
Regular dress
from H&M or similar store
$15.00
 
$37.09
CN¥247.61
Running shoes
Nike or Adidas
$59.50
 
$75.49
CN¥503.90

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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 November 2026). How we calculate this

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