Shanghai vs. Montreal: Which City is Richer? (GDP & Per Capita Income)

As of 2021, Shanghai is generally considered to be richer than Montreal in terms of both GDP and per capita income.\n\nShanghai is one of the largest cities in China and a major economic hub. It is known for its thriving financial sector, international trade, and manufacturing industries. Shanghai's GDP in 2020 was estimated to be around $525 billion, making it one of the wealthiest cities in the world.\n\nOn the other hand, Montreal is the second-largest city in Canada and a major economic center in the country. It is known for its diverse industries including aerospace, technology, pharmaceuticals, and finance. Montreal's GDP in 2020 was estimated to be around $140 billion, making it a significant contributor to the Canadian economy.\n\nIn terms of per capita income, Shanghai also surpasses Montreal. Shanghai has a higher average income due to its larger population and higher GDP. The per capita income in Shanghai is estimated to be around $20,000, while in Montreal it is around $37,000.\n\nHowever, it's important to note that these figures can vary depending on the source and methodology used for measurement. Additionally, income distribution and cost of living can also affect the overall wealth and living standards of a city or region.