HomePricePeek

Beijing vs Shenzhen

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Beijing vs Shenzhen

Shenzhen is 17% more affordable for homebuyers. Beijing has a price-to-income ratio of 22.5x compared to 20.5x in Shenzhen.

MetricBeijingShenzhen
Avg Home Price$580,000$480,000
Price / sqm$10,800$9,200
Rent (1BR)$1,100/mo$1,000/mo
Rent (3BR)$2,000/mo$1,800/mo
Price-to-Income22.5x20.5x
Mortgage Rate4.2%4.2%
1yr Change-3.2%-4.5%
Median Income$26,000/yr$23,000/yr
Population21,500,00017,500,000
BeijingView full details โ†’ShenzhenView full details โ†’
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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.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Beijing or Shenzhen more expensive?
Shenzhen is more affordable. Home prices differ by $100,000 (17%).
Which city has cheaper rent, Beijing or Shenzhen?
Rent for a 1BR in Beijing is $1,100/mo vs $1,000/mo in Shenzhen.

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