In recent years, vegetable production has been in the transitional stage from traditional cultivation mode to modern cultivation mode. Therefore, evaluating the actual productivity and economic benefits of different cultivation modes is instructive for leafy vegetable production. This research chose a vegetable production company (Shanghai, China) as a demonstration case to cultivate various leaf vegetables under different cultivation modes (hydroponic, substrate, and soil cultivation). By investigating the yield and quality of vegetables, as well as all production costs and selling prices, we drive a comparative evaluation of comprehensive features and economic benefits of different cultivation modes. The results showed that leafy vegetables cultivated by hydroponic mode gain the highest fresh weight at the early growth stage, but the greatest unit yield (0.98~1.21 kg·m−2) emerged under the soil cultivation mode. Vegetables grown under substrate mode had the best comprehensive quality with high soluble solids content and low nitrate content. The unit costs of the soilless cultivation modes (8.26~10.3 CNY·m−2) were 3–4-fold higher than that of soil cultivation, mainly due to the high fixed costs and input costs, especially for substrate mode. According to actual prices, the soil cultivation mode had the highest economic benefits as a whole (4.83~8.83 CNY·m−2), and only hydroponic cabbage which had comparable yield gained considerable benefits (8.94 CNY·m−2). Quality-based pricing scheme can make substrate mode achieve profitability. The pricing scheme that guarantees a 40% revenue is within acceptable limits for consumers. Based on this actual production case, it can be concluded that a low unit yield of hydroponic mode and a high unit cost of substrate mode are the predominant factors affecting their profitability and economic viability.