Beijing vs Shanghai
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026·Source: OECD, Numbeo & National Statistics
💡 Why it matters: Beijing vs Shanghai
Shanghai is 5% more affordable for homebuyers. Beijing has a price-to-income ratio of 22.5x compared to 18.5x in Shanghai.
| Metric | Beijing | Shanghai |
|---|---|---|
| Avg Home Price | $580,000 | $550,000 |
| Price / sqm | $10,800 | $10,500 |
| Rent (1BR) | $1,100/mo | $1,200/mo |
| Rent (3BR) | $2,000/mo | $2,200/mo |
| Price-to-Income | 22.5x | 18.5x |
| Mortgage Rate | 4.2% | 4.2% |
| 1yr Change | -3.2% | -2.8% |
| Median Income | $26,000/yr | $30,000/yr |
| Population | 21,500,000 | 28,500,000 |
📊
HomePricePeek Research TeamData Specialists
Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.
✓ OECD, Numbeo & National Statistics✓ Updated 2025
Frequently Asked Questions
Is Beijing or Shanghai more expensive?
Shanghai is more affordable. Home prices differ by $30,000 (5%).
Which city has cheaper rent, Beijing or Shanghai?
Rent for a 1BR in Beijing is $1,100/mo vs $1,200/mo in Shanghai.
Explore the DataPeek Network