Prices of drinks in cafes and bars vary like they would any major metropolis. They can be cheap or be real budget-busters, with a basic coffee or beer costing ¥10-40. In a high-end hotel bar, one basic beer may cost as much as ¥80. There are internationally-known chains, like Starbucks and Coffee Bean & Tea Leaf, as well as popular domestic and local java joints to satisfy those looking to relax.
Tsingtao, Snow and Pearl River beer are widely available. Major foreign brands are produced domestically and smaller brands are typically imported. There is also a local brew known as REEB beer spelled backwards. A large bottle 640 ml of any of these costs anywhere from ¥2-6.
Shanghai is filled with amazing nightlife, complete with both affordable bars and nightclubs that pulsate with a city energy.
There are many magazines for Expats that can be found at hotels and other expat eateries that list events and the best bars, clubs and restaurants in Shanghai. The most popular ones are That's Shanghai, City Weekend, and Time Out.http://www.cityweekend.com.cn/issues/http://www.thatsmags.com/shanghai/http://timeoutshanghai.com