They are not the same thing at all.

len() queries for the number of items contained in a container. For a string that's the number of characters:

Return the length (the number of items) of an object. The argument may be a sequence (string, tuple or list) or a mapping (dictionary).

sys.getsizeof() on the other hand returns the memory size of the object:

Return the size of an object in bytes. The object can be any type of object. All built-in objects will return correct results, but this does not have to hold true for third-party extensions as it is implementation specific.

Python string objects are not simple sequences of characters, 1 byte per character.

Specifically, the sys.getsizeof() function includes the garbage collector overhead if any:

getsizeof() calls the object’s __sizeof__ method and adds an additional garbage collector overhead if the object is managed by the garbage collector.

String objects do not need to be tracked (they cannot create circular references), but string objects do need more memory than just the bytes per character. In Python 2, __sizeof__ method returns (in C code):

Py_ssize_t res;
res = PyStringObject_SIZE + PyString_GET_SIZE(v) * Py_TYPE(v)->tp_itemsize;
return PyInt_FromSsize_t(res);

where PyStringObject_SIZE is the C struct header size for the type, PyString_GET_SIZE basically is the same as len() and Py_TYPE(v)->tp_itemsize is the per-character size. In Python 2.7, for byte strings, the size per character is 1, but it's PyStringObject_SIZE that is confusing you; on my Mac that size is 37 bytes:

>>> sys.getsizeof('')
37

For unicode strings the per-character size goes up to 2 or 4 (depending on compilation options). On Python 3.3 and newer, Unicode strings take up between 1 and 4 bytes per character, depending on the contents of the string.

For containers such as dictionaries or lists that reference other objects, the memory size given covers only the memory used by the container and the pointer values used to reference those other objects. There is no straightforward method of including the memory size of the ‘contained’ objects because those same objects could have many more references elsewhere and are not necessarily owned by a single container.

The documentation states it like this:

Only the memory consumption directly attributed to the object is accounted for, not the memory consumption of objects it refers to.

If you need to calculate the memory footprint of a container and anything referenced by that container you’ll have to use some method of traversing to those contained objects and get their size; the documentation points to a recursive recipe.

sys.getsizeof gives you the amount of memory allocated to the list itself, but you also have 10...00 int objects that the list only contains a pointer to.

I will attempt to answer your question from a broader point of view. You're referring to two functions and comparing their outputs. Let's take a look at their documentation first:

• len():

Return the length (the number of items) of an object. The argument may be a sequence (such as a string, bytes, tuple, list, or range) or a collection (such as a dictionary, set, or frozen set).

So in case of string, you can expect len() to return the number of characters.

• sys.getsizeof():

Return the size of an object in bytes. The object can be any type of object. All built-in objects will return correct results, but this does not have to hold true for third-party extensions as it is implementation specific.

So in case of string (as with many other objects) you can expect sys.getsizeof() the size of the object in bytes. There is no reason to think that it should be the same as the number of characters.

Let's have a look at some examples:

>>> first = "First"
>>> len(first)
5
>>> sys.getsizeof(first)
42

This example confirms that the size is not the same as the number of characters.

>>> second = "Second"
>>> len(second)
6
>>> sys.getsizeof(second)
43

We can notice that if we look at a string one character longer, its size is one byte bigger as well. We don't know if it's a coincidence or not though.

>>> together = first + second
>>> print(together)
FirstSecond
>>> len(together)
11

If we concatenate the two strings, their combined length is equal to the sum of their lengths, which makes sense.

>>> sys.getsizeof(together)
48

Contrary to what someone might expect though, the size of the combined string is not equal to the sum of their individual sizes. But it still seems to be the length plus something. In particular, something worth 37 bytes. Now you need to realize that it's 37 bytes in this particular case, using this particular Python implementation etc. You should not rely on that at all. Still, we can take a look why it's 37 bytes what they are (approximately) used for.

String objects are in CPython (probably the most widely used implementation of Python) implemented as PyStringObject. This is the C source code (I use the 2.7.9 version):

typedef struct {
    PyObject_VAR_HEAD
    long ob_shash;
    int ob_sstate;
    char ob_sval[1];

    /* Invariants:
     *     ob_sval contains space for 'ob_size+1' elements.
     *     ob_sval[ob_size] == 0.
     *     ob_shash is the hash of the string or -1 if not computed yet.
     *     ob_sstate != 0 iff the string object is in stringobject.c's
     *       'interned' dictionary; in this case the two references
     *       from 'interned' to this object are *not counted* in ob_refcnt.
     */
} PyStringObject;

You can see that there is something called PyObject_VAR_HEAD, one int, one long and a char array. The char array will always contain one more character to store the '\0' at the end of the string. This, along with the int, long and PyObject_VAR_HEAD take the additional 37 bytes. PyObject_VAR_HEAD is defined in another C source file and it refers to other implementation-specific stuff, you need to explore if you want to find out where exactly are the 37 bytes. Plus, the documentation mentions that sys.getsizeof()

adds an additional garbage collector overhead if the object is managed by the garbage collector.

Overall, you don't need to know what exactly takes the something (the 37 bytes here) but this answer should give you a certain idea why the numbers differ and where to find more information should you really need it.