Cost of Living Comparison Between New York, NY and Hong Kong 
| Indices Difference |  |
|---|---|
| Cost of Living in Hong Kong is 29.2% lower than in New York, NY (without rent) | |
| Cost of Living Including Rent in Hong Kong is 34.5% lower than in New York, NY | |
| Rent Prices in Hong Kong are 40.3% lower than in New York, NY | |
| Restaurant Prices in Hong Kong are 53.4% lower than in New York, NY | |
| Groceries Prices in Hong Kong are 16.9% lower than in New York, NY | |
| Local Purchasing Power in Hong Kong is 12.3% higher than in New York, NY | |
Restaurants | New York, NY Edit |
Hong Kong Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
30.00 $ (234.58 HK$) |
8.95 $ (70.00 HK$) |
-70.2 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
130.00 $ (1,016.52 HK$) |
63.94 $ (500.00 HK$) |
-50.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (93.83 HK$) |
5.75 $ (45.00 HK$) |
-52.0 % |
| Domestic Beer (1 pint draught) |
8.00 $ (62.56 HK$) |
7.67 $ (60.00 HK$) |
-4.1 % |
| Imported Beer (12 oz small bottle) |
11.00 $ (86.01 HK$) |
7.03 $ (55.00 HK$) |
-36.1 % |
| Cappuccino (regular) |
5.70 $ (44.61 HK$) |
5.27 $ (41.24 HK$) |
-7.6 % |
| Coke/Pepsi (12 oz small bottle) |
3.06 $ (23.96 HK$) |
1.33 $ (10.37 HK$) |
-56.7 % |
| Water (12 oz small bottle) |
2.29 $ (17.90 HK$) |
1.12 $ (8.75 HK$) |
-51.1 % |
Markets | New York, NY Edit |
Hong Kong Edit | |
| Milk (regular), (1 gallon) |
5.54 $ (43.29 HK$) |
12.33 $ (96.38 HK$) |
+122.7 % |
| Loaf of Fresh White Bread (1 lb) |
4.46 $ (34.84 HK$) |
2.17 $ (16.96 HK$) |
-51.3 % |
| Rice (white), (1 lb) |
3.33 $ (26.03 HK$) |
1.10 $ (8.61 HK$) |
-66.9 % |
| Eggs (regular) (12) |
5.20 $ (40.64 HK$) |
3.91 $ (30.58 HK$) |
-24.8 % |
| Local Cheese (1 lb) |
7.46 $ (58.34 HK$) |
12.92 $ (101.06 HK$) |
+73.2 % |
| Chicken Fillets (1 lb) |
6.65 $ (52.01 HK$) |
4.52 $ (35.33 HK$) |
-32.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.49 $ (66.40 HK$) |
10.64 $ (83.17 HK$) |
+25.3 % |
| Apples (1 lb) |
3.25 $ (25.43 HK$) |
1.72 $ (13.41 HK$) |
-47.3 % |
| Banana (1 lb) |
0.95 $ (7.40 HK$) |
1.17 $ (9.17 HK$) |
+24.0 % |
| Oranges (1 lb) |
2.70 $ (21.08 HK$) |
1.75 $ (13.68 HK$) |
-35.1 % |
| Tomato (1 lb) |
3.03 $ (23.68 HK$) |
1.47 $ (11.46 HK$) |
-51.6 % |
| Potato (1 lb) |
1.72 $ (13.41 HK$) |
1.21 $ (9.46 HK$) |
-29.5 % |
| Onion (1 lb) |
1.69 $ (13.21 HK$) |
1.19 $ (9.34 HK$) |
-29.3 % |
| Lettuce (1 head) |
3.19 $ (24.94 HK$) |
1.58 $ (12.39 HK$) |
-50.3 % |
| Water (1.5 liter bottle) |
2.47 $ (19.35 HK$) |
1.74 $ (13.60 HK$) |
-29.7 % |
| Bottle of Wine (Mid-Range) |
20.00 $ (156.39 HK$) |
15.35 $ (120.00 HK$) |
-23.3 % |
| Domestic Beer (0.5 liter bottle) |
2.77 $ (21.63 HK$) |
2.18 $ (17.02 HK$) |
-21.3 % |
| Imported Beer (12 oz small bottle) |
3.76 $ (29.43 HK$) |
2.75 $ (21.47 HK$) |
-27.1 % |
| Cigarettes 20 Pack (Marlboro) |
17.00 $ (132.93 HK$) |
12.79 $ (100.00 HK$) |
-24.8 % |
Transportation | New York, NY Edit |
Hong Kong Edit | |
| One-way Ticket (Local Transport) |
2.90 $ (22.68 HK$) |
1.53 $ (12.00 HK$) |
-47.1 % |
| Monthly Pass (Regular Price) |
132.00 $ (1,032.16 HK$) |
63.94 $ (500.00 HK$) |
-51.6 % |
| Taxi Start (Normal Tariff) |
4.92 $ (38.51 HK$) |
3.45 $ (27.00 HK$) |
-29.9 % |
| Taxi 1 mile (Normal Tariff) |
3.50 $ (27.37 HK$) |
2.06 $ (16.09 HK$) |
-41.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
34.00 $ (265.86 HK$) |
14.58 $ (114.00 HK$) |
-57.1 % |
| Gasoline (1 gallon) |
3.84 $ (30.05 HK$) |
11.65 $ (91.09 HK$) |
+203.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
35,000.00 $ (273,679.00 HK$) |
33,225.06 $ (259,800.00 HK$) |
-5.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
28,263.92 $ (221,006.86 HK$) |
32,719.53 $ (255,847.10 HK$) |
+15.8 % |
Utilities (Monthly) | New York, NY Edit |
Hong Kong Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
170.23 $ (1,331.11 HK$) |
266.38 $ (2,082.92 HK$) |
+56.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
66.57 $ (520.51 HK$) |
19.69 $ (153.93 HK$) |
-70.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
69.41 $ (542.71 HK$) |
22.42 $ (175.30 HK$) |
-67.7 % |
Sports And Leisure | New York, NY Edit |
Hong Kong Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
138.80 $ (1,085.33 HK$) |
86.77 $ (678.47 HK$) |
-37.5 % |
| Tennis Court Rent (1 Hour on Weekend) |
77.86 $ (608.80 HK$) |
8.91 $ (69.64 HK$) |
-88.6 % |
| Cinema, International Release, 1 Seat |
20.00 $ (156.39 HK$) |
12.79 $ (100.00 HK$) |
-36.1 % |
Childcare | New York, NY Edit |
Hong Kong Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,168.00 $ (24,771.86 HK$) |
927.83 $ (7,255.07 HK$) |
-70.7 % |
| International Primary School, Yearly for 1 Child |
58,000.00 $ (453,525.20 HK$) |
21,650.77 $ (169,296.00 HK$) |
-62.7 % |
Clothing And Shoes | New York, NY Edit |
Hong Kong Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
71.54 $ (559.38 HK$) |
76.06 $ (594.76 HK$) |
+6.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
48.24 $ (377.19 HK$) |
40.73 $ (318.50 HK$) |
-15.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
101.45 $ (793.26 HK$) |
91.07 $ (712.12 HK$) |
-10.2 % |
| 1 Pair of Men Leather Business Shoes |
162.57 $ (1,271.16 HK$) |
136.24 $ (1,065.32 HK$) |
-16.2 % |
Rent Per Month | New York, NY Edit |
Hong Kong Edit | |
| Apartment (1 bedroom) in City Centre |
4,328.21 $ (33,843.97 HK$) |
2,370.27 $ (18,534.09 HK$) |
-45.2 % |
| Apartment (1 bedroom) Outside of Centre |
2,903.63 $ (22,704.67 HK$) |
1,641.71 $ (12,837.21 HK$) |
-43.5 % |
| Apartment (3 bedrooms) in City Centre |
8,565.00 $ (66,973.16 HK$) |
4,843.27 $ (37,871.43 HK$) |
-43.5 % |
| Apartment (3 bedrooms) Outside of Centre |
4,515.20 $ (35,306.15 HK$) |
3,265.38 $ (25,533.33 HK$) |
-27.7 % |
Buy Apartment Price | New York, NY Edit |
Hong Kong Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,569.57 $ (12,273.10 HK$) |
2,693.81 $ (21,063.96 HK$) |
+71.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,142.75 $ (8,935.60 HK$) |
1,738.19 $ (13,591.60 HK$) |
+52.1 % |
Salaries And Financing | New York, NY Edit |
Hong Kong Edit | |
| Average Monthly Net Salary (After Tax) |
5,718.11 $ (44,712.16 HK$) |
4,202.49 $ (32,860.95 HK$) |
-26.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.72 | 3.96 | -41.1 % |
| Last update: | June 2024 | May 2024 | |
| Contributors in the past 12 months: | 478 | 373 |
Moving to New York, NY? Explore:
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| Cost of Living in East Rutherford, New Jersey | 10.01 miles |
| Cost of Living in Rutherford, New Jersey | 10.22 miles |
| Cost of Living in Newark, New Jersey | 11.63 miles |
| Cost of Living in Paterson, New Jersey | 17.95 miles |
| Cost of Living in Bergen County, New Jersey | 20.13 miles |
| Cost of Living in Hempstead, New York | 22.26 miles |
| Cost of Living in West Caldwell, New Jersey | 23.56 miles |
| Cost of Living in Woodbridge, New Jersey | 25.26 miles |
| Cost of Living in Parsippany-Troy Hills, New Jersey | 30.18 miles |