Cost of Living & Income: Shenzhen vs Madrid

ℹ️ About the data: the figures for Shenzhen and Madrid are averages compiled from millions of user-contributed income and living-cost entries worldwide over the last 12 months (updated July 2026), converted to Chinese yuan (CNY, ¥). Green 🟢 marks a higher income or a lower price. Source: NUMBEO, which is widely cited by international media; the Seapoe team compiled, translated and processed the data.

Income comparison

MetricShenzhenMadridShenzhen vs Madrid
💰 Average monthly net salary¥11,743¥17,041Madrid earns 1.5× the salary in Shenzhen

Daily expenses

MetricShenzhenMadridShenzhen vs Madrid
🍜 Meal, inexpensive restaurant¥25¥124Madrid costs 4.98× the price in Shenzhen
🍝 Meal for two, mid-range restaurant (3 courses)¥200¥467Madrid costs 2.33× the price in Shenzhen
🍔 McMeal at McDonald's (or equivalent)¥35¥78Madrid costs 2.22× the price in Shenzhen
💧 Utilities, 85 m² apartment (monthly)¥382.6¥1,293.5Madrid costs 3.38× the price in Shenzhen
💻 Broadband internet, 60 Mbps+ (monthly)¥75.8¥241.1Madrid costs 3.18× the price in Shenzhen
📱 Mobile plan, calls + 10 GB+ data (monthly)¥61.7¥122.6Madrid costs 1.99× the price in Shenzhen
💪 Gym membership (monthly)¥330.1¥333.6Madrid costs 1.01× the price in Shenzhen
🎬 Cinema ticket, international release¥49.9¥77.8Madrid costs 1.56× the price in Shenzhen
⛽ Petrol (1 litre)¥8.6¥12.0Madrid costs 1.38× the price in Shenzhen

Supermarket prices

MetricShenzhenMadridShenzhen vs Madrid
🥩 Beef round (1 kg)¥93.3¥121.8Madrid costs 1.31× the price in Shenzhen
🥚 Eggs (12)¥11.8¥26.3Madrid costs 2.23× the price in Shenzhen
🥛 Milk (1 litre)¥11.0¥8.8Shenzhen costs 1.25× the price in Madrid
🍞 Bread (500 g)¥11.8¥10.1Shenzhen costs 1.17× the price in Madrid
🍏 Apples (1 kg)¥14.7¥18.0Madrid costs 1.23× the price in Shenzhen
🥔 Potatoes (1 kg)¥7.3¥15.1Madrid costs 2.06× the price in Shenzhen
🍅 Tomatoes (1 kg)¥9.5¥17.8Madrid costs 1.87× the price in Shenzhen
🍺 Domestic beer (500 ml)¥6.4¥8.3Madrid costs 1.31× the price in Shenzhen
🍷 Wine, mid-range bottle¥88.0¥54.4Shenzhen costs 1.62× the price in Madrid

Rent & property prices

MetricShenzhenMadridShenzhen vs Madrid
🛌 Rent, 1-bedroom in city centre (monthly)¥4,543¥10,683Madrid costs 2.35× the price in Shenzhen
🛌 Rent, 1-bedroom outside centre (monthly)¥3,049¥8,226Madrid costs 2.70× the price in Shenzhen
🚪 Rent, 3-bedroom in city centre (monthly)¥12,006¥19,031Madrid costs 1.59× the price in Shenzhen
🚪 Rent, 3-bedroom outside centre (monthly)¥5,876¥12,453Madrid costs 2.12× the price in Shenzhen
🏡 Apartment price per m², city centre¥87,274¥62,075Shenzhen costs 1.41× the price in Madrid
🏡 Apartment price per m², outside centre¥41,349¥29,535Shenzhen costs 1.40× the price in Madrid