Shanghai is home to some of the best dining experiences in the world, and you don’t have to break the bank to enjoy Michelin-quality meals. Whether you’re a local or a visitor, these 10 affordable Michelin-rated restaurants offer exceptional food at reasonable prices. From authentic Shanghai cuisine to creative interpretations of classic dishes, these eateries prove that you can enjoy Michelin excellence without the hefty price tag.
1. Ren He Guan (人和馆)
- Address: 407 Zhaojia Bang Road (肇嘉浜路407号)
- Overview: A Michelin restaurant since 2021, Ren He Guan offers impressive dishes that are full of flavor and great service. The food’s balance of traditional Shanghai flavors with modern touches makes it stand out.
- Average Price: ¥201
2. Yong Xing Restaurant (永兴餐厅)
- Address: 1st Floor, 626 Fuxing Middle Road (复兴中路626弄1号)
- Overview: Known for its exceptional Shanghai-style cuisine, this Michelin restaurant is a local favorite. The signature dish, Duck Roll, is aromatic and perfectly cooked with a generous portion.
- Average Price: ¥88
3. Ding Te Le Congee & Noodle Shop (顶特勒粥面馆)
- Address: 290 Ninghai East Road (宁海东路290号)
- Overview: A Michelin-recommended restaurant for 8 consecutive years, this place is famous for its Yellow Croaker Noodles. The noodles are tender, and the fish is fresh without any unpleasant fishiness, and you can even add extra broth!
- Average Price: ¥78
4. Solo (索洛)
- Address: 103, 191 Hengshan Road, Tianping Road (天平路街道衡山路191号103)
- Overview: A Michelin and Black Pearl restaurant, Solo offers dishes like Beef Tartare and delicate Wagyu slices that are sure to impress. Its combination of French techniques with quality ingredients creates a fine-dining experience at a reasonable price.
- Average Price: ¥198
5. Hao Sheng Restaurant (豪生酒家)
- Address: 156 Guangyuan Road (广元路156号)
- Overview: This restaurant has consistently earned Michelin Bib Gourmand recommendations for years. Offering Shanghai-style Omakase with traditional dishes, it’s the place to enjoy high-end local flavors at a more affordable price.
- Average Price: ¥158
6. Wei Xiang Zhai (味香斋)
- Address: 14 Yandang Road (雁荡路14号)
- Overview: A hidden gem for budget diners, this Michelin-listed restaurant offers dishes starting at just ¥20. Their sesame noodles are a standout, with a rich, sticky sauce and a strong onion fragrance that make it incredibly satisfying.
- Average Price: ¥31
7. Fu Xing Noodle King (复兴面王)
- Address: 133-12 Tianyao Bridge Road, Yongxin Fang (永新坊天钥桥路133号-12临)
- Overview: Michelin-recommended, Fu Xing serves flavorful noodles with a unique twist. Their tomato-tossed noodles, though thin, maintain a delightful chewiness. The strong tomato flavor is perfectly balanced, making this a must-try.
- Average Price: ¥35
8. Lao Zheng Xing Restaurant (老正兴菜馆)
- Address: 556 Fuzhou Road (福州路556号)
- Overview: A Michelin one-star restaurant, Lao Zheng Xing is known for its authentic local dishes and cozy atmosphere. The signature “Shiang You Shan Hu” dish (crispy, peppery fish) is aromatic and has the perfect balance of sweet and spicy.
- Average Price: ¥185
9. Xi Yue 8 (喜粤8号)
- Address: 101 Main Building, 63 Runan Street (汝南街63号主楼101室)
- Overview: This Michelin two-star restaurant is one of the most affordable high-end dining experiences. The crystal-clear Shrimp Dumplings (Har Gow) are stuffed with three juicy shrimp, offering an exquisite texture and flavor.
- Average Price: ¥212
10. Rong Jia Huang Yu Mian (荣家黄鱼面)
- Address: L105A-1, 688 Nanjing West Road (南京西路688号L105A-1室)
- Overview: A Michelin four-star rated spot for the best Yellow Croaker Noodles in Shanghai. Their signature dish features a rich, milky broth made from hours of simmering fish, providing an unforgettable depth of flavor.
- Average Price: ¥146