Cost of Living Comparison Between New York, NY and Hong Kong 
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| Indices Difference |  |
|---|---|
| Cost of Living in Hong Kong is 29.1% lower than in New York, NY (without rent) | |
| Cost of Living Including Rent in Hong Kong is 34.8% lower than in New York, NY | |
| Rent Prices in Hong Kong are 41.1% 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 16.5% lower than in New York, NY | |
| Local Purchasing Power in Hong Kong is 6.5% higher than in New York, NY | |
Restaurants | New York, NY Edit |
Hong Kong Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
30.00 $ (233.97 HK$) |
8.85 $ (69.00 HK$) |
-70.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
130.00 $ (1,013.86 HK$) |
64.11 $ (500.00 HK$) |
-50.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (93.59 HK$) |
5.77 $ (45.00 HK$) |
-51.9 % |
| Domestic Beer (0.5 liter draught) |
8.00 $ (62.39 HK$) |
7.69 $ (60.00 HK$) |
-3.8 % |
| Imported Beer (0.33 liter bottle) |
10.50 $ (81.89 HK$) |
6.73 $ (52.50 HK$) |
-35.9 % |
| Cappuccino (regular) |
5.67 $ (44.21 HK$) |
5.31 $ (41.44 HK$) |
-6.3 % |
| Coke/Pepsi (0.33 liter bottle) |
3.12 $ (24.33 HK$) |
1.33 $ (10.41 HK$) |
-57.2 % |
| Water (0.33 liter bottle) |
2.30 $ (17.96 HK$) |
1.13 $ (8.78 HK$) |
-51.1 % |
Markets | New York, NY Edit |
Hong Kong Edit | |
| Milk (regular), (1 liter) |
1.49 $ (11.60 HK$) |
3.21 $ (25.04 HK$) |
+115.8 % |
| Loaf of Fresh White Bread (500g) |
4.78 $ (37.24 HK$) |
2.30 $ (17.91 HK$) |
-51.9 % |
| Rice (white), (1kg) |
7.34 $ (57.23 HK$) |
2.42 $ (18.85 HK$) |
-67.1 % |
| Eggs (regular) (12) |
5.12 $ (39.96 HK$) |
4.01 $ (31.27 HK$) |
-21.7 % |
| Local Cheese (1kg) |
16.45 $ (128.27 HK$) |
28.57 $ (222.79 HK$) |
+73.7 % |
| Chicken Fillets (1kg) |
15.02 $ (117.11 HK$) |
9.90 $ (77.20 HK$) |
-34.1 % |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) |
19.16 $ (149.44 HK$) |
23.51 $ (183.37 HK$) |
+22.7 % |
| Apples (1kg) |
6.84 $ (53.33 HK$) |
3.72 $ (28.99 HK$) |
-45.7 % |
| Banana (1kg) |
2.12 $ (16.52 HK$) |
2.56 $ (19.93 HK$) |
+20.6 % |
| Oranges (1kg) |
5.57 $ (43.45 HK$) |
3.87 $ (30.16 HK$) |
-30.6 % |
| Tomato (1kg) |
6.45 $ (50.32 HK$) |
3.24 $ (25.27 HK$) |
-49.8 % |
| Potato (1kg) |
3.98 $ (31.05 HK$) |
2.67 $ (20.85 HK$) |
-32.9 % |
| Onion (1kg) |
3.72 $ (29.04 HK$) |
2.64 $ (20.60 HK$) |
-29.1 % |
| Lettuce (1 head) |
2.95 $ (23.00 HK$) |
1.59 $ (12.39 HK$) |
-46.1 % |
| Water (1.5 liter bottle) |
2.57 $ (20.04 HK$) |
1.67 $ (13.04 HK$) |
-34.9 % |
| Bottle of Wine (Mid-Range) |
20.00 $ (155.98 HK$) |
15.39 $ (120.00 HK$) |
-23.1 % |
| Domestic Beer (0.5 liter bottle) |
2.57 $ (20.04 HK$) |
2.27 $ (17.73 HK$) |
-11.5 % |
| Imported Beer (0.33 liter bottle) |
3.81 $ (29.68 HK$) |
2.75 $ (21.47 HK$) |
-27.7 % |
| Cigarettes 20 Pack (Marlboro) |
17.00 $ (132.58 HK$) |
12.82 $ (100.00 HK$) |
-24.6 % |
Transportation | New York, NY Edit |
Hong Kong Edit | |
| One-way Ticket (Local Transport) |
2.90 $ (22.62 HK$) |
1.54 $ (12.00 HK$) |
-46.9 % |
| Monthly Pass (Regular Price) |
132.00 $ (1,029.46 HK$) |
64.11 $ (500.00 HK$) |
-51.4 % |
| Taxi Start (Normal Tariff) |
5.00 $ (38.99 HK$) |
3.46 $ (27.00 HK$) |
-30.8 % |
| Taxi 1km (Normal Tariff) |
2.17 $ (16.96 HK$) |
1.28 $ (10.00 HK$) |
-41.0 % |
| Taxi 1hour Waiting (Normal Tariff) |
34.00 $ (265.16 HK$) |
14.62 $ (114.00 HK$) |
-57.0 % |
| Gasoline (1 liter) |
1.02 $ (7.94 HK$) |
3.08 $ (24.03 HK$) |
+202.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
31,500.00 $ (245,666.86 HK$) |
33,312.19 $ (259,800.00 HK$) |
+5.8 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,469.93 $ (214,236.55 HK$) |
33,161.21 $ (258,622.58 HK$) |
+20.7 % |
Utilities (Monthly) | New York, NY Edit |
Hong Kong Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment |
183.18 $ (1,428.63 HK$) |
260.34 $ (2,030.36 HK$) |
+42.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
66.32 $ (517.24 HK$) |
19.75 $ (154.02 HK$) |
-70.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
71.56 $ (558.11 HK$) |
22.26 $ (173.63 HK$) |
-68.9 % |
Sports And Leisure | New York, NY Edit |
Hong Kong Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
136.59 $ (1,065.27 HK$) |
86.38 $ (673.65 HK$) |
-36.8 % |
| Tennis Court Rent (1 Hour on Weekend) |
77.86 $ (607.20 HK$) |
8.62 $ (67.24 HK$) |
-88.9 % |
| Cinema, International Release, 1 Seat |
20.00 $ (155.98 HK$) |
12.82 $ (100.00 HK$) |
-35.9 % |
Childcare | New York, NY Edit |
Hong Kong Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,096.67 $ (24,150.74 HK$) |
930.26 $ (7,255.07 HK$) |
-70.0 % |
| International Primary School, Yearly for 1 Child |
57,600.00 $ (449,219.40 HK$) |
21,707.54 $ (169,296.00 HK$) |
-62.3 % |
Clothing And Shoes | New York, NY Edit |
Hong Kong Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
70.45 $ (549.44 HK$) |
76.29 $ (594.97 HK$) |
+8.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
48.24 $ (376.21 HK$) |
41.20 $ (321.31 HK$) |
-14.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
99.55 $ (776.40 HK$) |
91.50 $ (713.58 HK$) |
-8.1 % |
| 1 Pair of Men Leather Business Shoes |
165.41 $ (1,290.02 HK$) |
135.18 $ (1,054.30 HK$) |
-18.3 % |
Rent Per Month | New York, NY Edit |
Hong Kong Edit | |
| Apartment (1 bedroom) in City Centre |
4,318.92 $ (33,683.02 HK$) |
2,325.74 $ (18,138.30 HK$) |
-46.2 % |
| Apartment (1 bedroom) Outside of Centre |
2,895.30 $ (22,580.29 HK$) |
1,617.35 $ (12,613.64 HK$) |
-44.1 % |
| Apartment (3 bedrooms) in City Centre |
8,530.20 $ (66,526.59 HK$) |
4,779.66 $ (37,276.32 HK$) |
-44.0 % |
| Apartment (3 bedrooms) Outside of Centre |
4,533.85 $ (35,359.23 HK$) |
3,226.08 $ (25,160.00 HK$) |
-28.8 % |
Buy Apartment Price | New York, NY Edit |
Hong Kong Edit | |
| Price per Square Meter to Buy Apartment in City Centre |
17,702.15 $ (138,058.13 HK$) |
29,071.30 $ (226,725.56 HK$) |
+64.2 % |
| Price per Square Meter to Buy Apartment Outside of Centre |
12,300.54 $ (95,931.28 HK$) |
18,758.34 $ (146,295.32 HK$) |
+52.5 % |
Salaries And Financing | New York, NY Edit |
Hong Kong Edit | |
| Average Monthly Net Salary (After Tax) |
5,908.74 $ (46,081.95 HK$) |
4,100.34 $ (31,978.33 HK$) |
-30.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.72 | 3.95 | -41.2 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 496 | 375 |
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