Is Shenzhen more expensive than Hangzhou?

Shenzhen is 21.0% more expensive than Hangzhou overall. Rent is 42.0% higher, groceries 9.1% more expensive, and restaurants 6.0% more expensive.

Which city has better purchasing power, Hangzhou or Shenzhen?

Hangzhou has a purchasing power index of 120.3 while Shenzhen has 110.0 (NYC = 100). Hangzhou offers better purchasing power.

Hangzhou vs Shenzhen: Shenzhen is 21.0% more expensive, rent 42% higher (2026)

Category	🇨🇳 Hangzhou	🇨🇳 Shenzhen	Difference
Cost of Living	26.2	31.7	+21.0%
Rent	13.1	18.6	+42.0%
Groceries	40.5	44.2	+9.1%
Restaurants	25.1	26.6	+6.0%
Purchasing Power	120.3	110.0	-8.6%

Data from October 2026 · Cost of living: Numbeo, blended with Expatistan and LivingCost where available. Rent, groceries, restaurants and purchasing power: Numbeo (NYC = 100) · Indices reflect relative costs; absolute prices vary by neighbourhood.

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🇨🇳 Cost of Living in Hangzhou

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🇨🇳 Cost of Living in Shenzhen

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