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Home » Asia » Is Shenzhen cheaper than Shanghai?

Is Shenzhen cheaper than Shanghai?

December 14, 2021 by Shelia Campbell

Cost of Living Shenzhen is cheaper than Shanghai. Costs have been skyrocketing across China, with rents doubling or tripling in the years I’ve been here.Let’s just say for a 2 bedroom in Shanghai the cost is about 10,000 CNY and that same place and location in Shenzhen would be 7,000 to 8,000.

Contents

Which is better Shenzhen or Shanghai?

For starters, Shenzhen boasts the highest number of completed skyscrapers on the Chinese mainland at 222 in total (Hong Kong has 355), while Shanghai has a total of 159. Additionally, Shenzhen held the record in 2016, 2017 and 2018 for the most skyscrapers completed in a city over the course of a year.

Is Shenzhen China expensive?

Shenzhen is China’s coolest, cleanest and most livable city. In 2019, Lonely Planet ranked Shenzhen as second in the world in the list of top 10 cities to visit. Shenzhen has a slightly higher cost of living than most cities in China but it is cheaper than 67% of cities in the world.

Is Shenzhen more expensive than Beijing?

You can change the amount in this calculation. Do you live in Beijing? Tell us some prices in Beijing. Do you live in Shenzhen?
Cost of Living Comparison Between Beijing and Shenzhen.

City Cost of Living Index
Shenzhen 50.87
Beijing 46.14
New York, NY 100
Prague 49.05

Is Shenzhen cheap?

Summary about cost of living in Shenzhen, China:A single person estimated monthly costs are 691$ (4,417¥) without rent. Shenzhen is 49.10% less expensive than New York (without rent). Rent in Shenzhen is, on average, 72.55% lower than in New York.

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How far is Shenzhen from Shanghai by train?

The railway between Shenzhen and Shanghai is measured 1,623 km (1,008 miles).

Is Shenzhen same as Shanghai?

The SSE is located in Shanghai, China’s financial capital. The Shenzhen stock exchange is a smaller exchange. Its market capitalization was $3 trillion in April 2015.

How much is apartment in Shenzhen China?

The average rental price for a decent-sized apartment in the Futian District is about RMB 7,500. The rent can be as low as RMB 6,500 and as high as RMB 8,000. These apartments range from 85 to 90 square meters. However, depending on the floor area and the location, some apartments can cost RMB 30,000.

How much is a meal in Shenzhen?

While meal prices in Shenzhen can vary, the average cost of food in Shenzhen is ¥115 per day. Based on the spending habits of previous travelers, when dining out an average meal in Shenzhen should cost around ¥46 per person. Breakfast prices are usually a little cheaper than lunch or dinner.

How many foreigners live in Shenzhen?

6,990 foreigners
There are now 6,990 foreigners who live in Shenzhen City as permanent residents, said sources from exit and entry section of Shenzhen Public Security Bureau. Shenzhen, which faces Hong Kong across a local river, is also one of the country’s five special economic zones.

Do they speak English in Shenzhen?

While Shenzhen is located in the Southern Chinese province of Guangdong, where the local dialect is Cantonese, Mandarin is the official spoken language. This is the case across Mainland China.

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How much is house rent in China?

Meanwhile, rent is still very affordable. For example, as of June 2018, the average monthly cost of a mortgage in China’s top cities was 16,000 yuan per month, while the average rent was less than half that at 7,000 yuan, according to a JLL report.

What’s it like living in Shenzhen?

Shenzhen is a very massive city. There are many people here. It is very very crowded, with millions of people going to specific isolated areas, such as laojie, luohu, huaqiangbei and more. It has many attractions that make it very enjoyable like Window of the World, OCT, Splendid China, and many more.

Does Shenzhen have an airport?

Shenzhen Airport Company Ltd. Shenzhen Bao’an International Airport (formerly Shenzhen Huangtian Airport) (IATA: SZX, ICAO: ZGSZ) is the airport serving Shenzhen, Guangdong Province.The airport also serves as an Asian-Pacific cargo hub for UPS Airlines.

How much is the train from Shanghai to Shenzhen?

Shanghai to Shenzhen By Train or Plane?

High-Speed Train Normal-Speed Train
Duration Daytime high-speed train:8-11.5 hours Overnight bullet train: 10.5-11 hours 18.5-19 hours
Ticket Price Second class: US$84 Soft sleeper: US$123 Soft sleeper: US$99 Hard sleeper: US$63
Punctuality 99% punctual Occasional delays

Is Shenzhen near Beijing?

The distance between Beijing and Shenzhen is 1943 km. The road distance is 2195.5 km.The best way to get from Beijing to Shenzhen is to fly which takes 6h 6m and costs ¥550 – ¥2400.

What is Shenzhen China known for?

The city connects Hong Kong to China’s mainland and is one of the largest and most popular cities in southeast China. It is best known for shopping and entertainment, thanks to its large malls and many family-friendly amusement parks.

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What is special about Shenzhen?

Shenzhen was just 40 years ago a region of fishing towns and swamp, and now it is China’s 7th biggest city and the main gateway city for foreign travelers. It is a city with a laid-back feel and an excellent place for tourist sightseeing with convenient trains and buses for onward travel inland.

What do they speak in Shenzhen?

Mandarin is the mother dialect of the Chinese language and is spoken in most provinces of China, including Shenzhen. Cantonese, however, is the dialect of the Guangdong Province and because the people of Shenzhen grow up speaking Cantonese, it’s widely spoken.

Where do expats live in Shenzhen?

The largest concentrations of expats in Shenzhen are in Shekou, OCT and Coco Park (Futian CBD) although there are pockets in other places in Futian such as Honey Lake and in Luo Hu.

Can foreigners buy property in Shenzhen?

Foreigners are now limited to buying one home for personal use in Shenzhen.“Only 8 percent of property in Shenzhen is bought by non-mainland residents, and around 20 percent of these buyers have two or more houses in the city,” Mr.

Filed Under: Asia Tagged With: China, Shanghai

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About Shelia Campbell

Sheila Campbell has been traveling the world for as long as she can remember. Her parents were avid travelers, and they passed their love of exploration onto their daughter. Sheila has visited every continent on Earth, and she's always looking for new and interesting places to explore.

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