Is Shanghai more expensive than Makati?

Shanghai is 0.5% more expensive than Makati overall. Rent is 12.6% higher, groceries 2.8% more expensive, and restaurants 16.6% cheaper.

Which city has better purchasing power, Makati or Shanghai?

Makati has a purchasing power index of 37.1 while Shanghai has 100.4 (NYC = 100). Shanghai offers better purchasing power.

Cost of Living Comparison · 2026

🇵🇭 Makati vs 🇨🇳 Shanghai

2026

Shanghai is 0.5% more expensive

Category	🇵🇭 Makati	🇨🇳 Shanghai	Difference
Cost of Living	40.5	40.7	+0.5%
Rent	21.5	24.2	+12.6%
Groceries	43.0	44.2	+2.8%
Restaurants	30.8	25.7	-16.6%
Purchasing Power	37.1	100.4	+170.6%

Data verified Q1 2026 · Source: Numbeo cost-of-living indices (NYC = 100 baseline) · Indices reflect relative costs; absolute prices vary by neighbourhood.

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🇵🇭 Cost of Living in Makati

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