Cost of Living & Salary Comparison 2026
Yes, Shenzhen is 33% cheaper than Osaka based on our cost of living index. Shenzhen has a COLI of 41.9, while Osaka has a COLI of 62.8. 33% cheaper
Overall, Shenzhen is approximately 33% cheaper than Osaka based on our cost of living index. Osaka has a COLI of 62.8 (ranked #38 of 182 cities), while Shenzhen has a COLI of 41.9 (ranked #66).
When it comes to housing, one-bedroom apartment rent in Osaka averages $1,000/month compared to $900/month in Shenzhen. That makes Shenzhen approximately 10% cheaper for rent alone.
Osaka has lower total deductions (29.0%) compared to Shenzhen (34.5%), meaning you keep more of your gross salary in Osaka. When evaluating a relocation, remember that total deductions directly impact your take-home pay and should be weighed alongside cost of living differences.
Full breakdown of mandatory payroll deductions for a mid-range salary as a local employee in each city.
Rates shown for local employees. Expat deductions may differ — use the main converter for personalized calculations.
If you earn ¥11,618,223 in Osaka, you would need approximately ¥336,864 in Shenzhen to maintain the same purchasing power. That is 33% less thanks to lower cost of living.
Estimated mid-level annual salaries in local currency, adjusted for each city's cost of living:
| Job Title | Osaka (JPY) | Shenzhen (CNY) |
|---|---|---|
| Doctor (General) | ¥17,510,986 | ¥507,722 |
| Software Engineer | ¥8,269,077 | ¥239,758 |
| Product Manager | ¥9,728,325 | ¥282,068 |
| Lawyer | ¥9,728,325 | ¥282,068 |
| Data Scientist | ¥9,241,909 | ¥267,964 |
| Marketing Manager | ¥7,004,394 | ¥203,089 |
| Teacher | ¥4,669,596 | ¥135,393 |
| Nurse | ¥5,642,429 | ¥163,599 |
Salary estimates are adjusted by each city's COLI relative to the New York baseline. Actual salaries vary by company, experience, and industry.
| Neighborhood | Multiplier |
|---|---|
| Kita (Umeda) | 1.22x (+22%) |
| Chuo (Namba) | 1.18x (+18%) |
| Shinsaibashi | 1.15x (+15%) |
| Fukushima | 1.10x (+10%) |
| Tennoji | 1.08x (+8%) |
| Neighborhood | Multiplier |
|---|---|
| Nanshan (Shekou) | 1.25x (+25%) |
| Futian (CBD) | 1.22x (+22%) |
| Houhai | 1.20x (+20%) |
| Nanshan (Tech Park) | 1.18x (+18%) |
| Qianhai | 1.12x (+12%) |
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Open Salary ConverterOsaka is more expensive overall. Osaka has a COLI of 62.8 while Shenzhen has a COLI of 41.9, making Shenzhen approximately 33% cheaper.
To maintain the same standard of living as ¥11,618,223 in Osaka, you would need approximately ¥336,864 in Shenzhen.
Average one-bedroom rent in Osaka is $1,000/month compared to $900/month in Shenzhen. Shenzhen has lower rent by approximately 10%.
Osaka has lower total deductions (29.0%) compared to Shenzhen (34.5%), meaning you keep more of your gross salary in Osaka.
Cost of living indices (COLI) are benchmarked to New York City = 100 and derived from Numbeo and Expatistan crowd-sourced price surveys, cross-referenced with national statistics agencies. Rent data from Numbeo Property Prices.
Salary ranges are compiled from the U.S. Bureau of Labor Statistics (OES), Glassdoor, and PayScale. Tax rates are approximate effective rates for mid-range earners based on OECD Taxing Wages and national tax authorities. Exchange rates from the European Central Bank. Neighborhood multipliers are estimated from local rental indices and property data.
Last updated: 2026-02-28. Data is refreshed periodically. All figures are estimates for informational purposes only.