Cost of Living Comparison Between New York, NY and Hong Kong 

Indices DifferenceInfo
Cost of Living in Hong Kong is 26.0% lower than in New York, NY (without rent)
Cost of Living Including Rent in Hong Kong is 34.4% lower than in New York, NY
Rent Prices in Hong Kong are 45.0% lower than in New York, NY
Restaurant Prices in Hong Kong are 50.4% lower than in New York, NY
Groceries Prices in Hong Kong are 23.3% lower than in New York, NY
Local Purchasing Power in Hong Kong is 2.8% higher than in New York, NY
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
New York, NY Edit Hong Kong Edit Difference
Meal, Inexpensive Restaurant 30.00 $
(233.75 HK$)
8.98 $
(70.00 HK$)
     -70.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 130.00 $
(1,012.90 HK$)
64.17 $
(500.00 HK$)
     -50.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(93.50 HK$)
6.42 $
(50.00 HK$)
     -46.5 %
Domestic Beer (1 pint draught) 9.00 $
(70.12 HK$)
7.70 $
(60.00 HK$)
     -14.4 %
Imported Beer (12 oz small bottle) 11.50 $
(89.60 HK$)
7.06 $
(55.00 HK$)
     -38.6 %
Cappuccino (regular) 5.87 $
(45.72 HK$)
5.11 $
(39.84 HK$)
     -12.9 %
Coke/Pepsi (12 oz small bottle) 3.22 $
(25.05 HK$)
1.35 $
(10.54 HK$)
     -57.9 %
Water (12 oz small bottle) 2.48 $
(19.32 HK$)
1.09 $
(8.48 HK$)
     -56.1 %
Markets
New York, NY Edit Hong Kong Edit
Milk (regular), (1 gallon) 5.84 $
(45.54 HK$)
11.80 $
(91.94 HK$)
     +101.9 %
Loaf of Fresh White Bread (1 lb) 4.54 $
(35.40 HK$)
2.08 $
(16.19 HK$)
     -54.3 %
Rice (white), (1 lb) 3.57 $
(27.80 HK$)
0.92 $
(7.20 HK$)
     -74.1 %
Eggs (regular) (12) 5.59 $
(43.59 HK$)
3.36 $
(26.15 HK$)
     -40.0 %
Local Cheese (1 lb) 7.96 $
(61.99 HK$)
11.48 $
(89.45 HK$)
     +44.3 %
Chicken Fillets (1 lb) 6.92 $
(53.90 HK$)
4.28 $
(33.32 HK$)
     -38.2 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.03 $
(70.34 HK$)
10.04 $
(78.23 HK$)
     +11.2 %
Apples (1 lb) 3.45 $
(26.91 HK$)
1.76 $
(13.68 HK$)
     -49.1 %
Banana (1 lb) 1.09 $
(8.46 HK$)
1.22 $
(9.54 HK$)
     +12.8 %
Oranges (1 lb) 2.75 $
(21.40 HK$)
1.81 $
(14.10 HK$)
     -34.1 %
Tomato (1 lb) 2.82 $
(21.99 HK$)
1.49 $
(11.61 HK$)
     -47.2 %
Potato (1 lb) 1.66 $
(12.93 HK$)
1.10 $
(8.59 HK$)
     -33.6 %
Onion (1 lb) 1.73 $
(13.49 HK$)
1.09 $
(8.50 HK$)
     -37.0 %
Lettuce (1 head) 3.06 $
(23.81 HK$)
1.85 $
(14.39 HK$)
     -39.5 %
Water (1.5 liter bottle) 2.58 $
(20.09 HK$)
1.67 $
(13.00 HK$)
     -35.3 %
Bottle of Wine (Mid-Range) 20.00 $
(155.83 HK$)
15.40 $
(120.00 HK$)
     -23.0 %
Domestic Beer (0.5 liter bottle) 2.89 $
(22.55 HK$)
2.00 $
(15.57 HK$)
     -31.0 %
Imported Beer (12 oz small bottle) 3.82 $
(29.75 HK$)
2.75 $
(21.45 HK$)
     -27.9 %
Cigarettes 20 Pack (Marlboro) 18.00 $
(140.25 HK$)
13.09 $
(102.00 HK$)
     -27.3 %
Transportation
New York, NY Edit Hong Kong Edit
One-way Ticket (Local Transport) 2.90 $
(22.60 HK$)
1.54 $
(12.00 HK$)
     -46.9 %
Monthly Pass (Regular Price) 132.00 $
(1,028.48 HK$)
67.38 $
(525.00 HK$)
     -49.0 %
Taxi Start (Normal Tariff) 5.00 $
(38.96 HK$)
3.72 $
(29.00 HK$)
     -25.6 %
Taxi 1 mile (Normal Tariff) 3.50 $
(27.27 HK$)
2.17 $
(16.90 HK$)
     -38.0 %
Taxi 1hour Waiting (Normal Tariff) 39.00 $
(303.87 HK$)
14.63 $
(114.00 HK$)
     -62.5 %
Gasoline (1 gallon) 3.79 $
(29.56 HK$)
11.73 $
(91.43 HK$)
     +209.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,500.00 $
(268,806.99 HK$)
34,653.12 $
(270,000.00 HK$)
     +0.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,677.59 $
(215,650.10 HK$)
32,768.44 $
(255,315.55 HK$)
     +18.4 %
Utilities (Monthly)
New York, NY Edit Hong Kong Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 181.64 $
(1,415.22 HK$)
242.43 $
(1,888.86 HK$)
     +33.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 63.32 $
(493.38 HK$)
18.15 $
(141.45 HK$)
     -71.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 64.91 $
(505.72 HK$)
24.19 $
(188.50 HK$)
     -62.7 %
Sports And Leisure
New York, NY Edit Hong Kong Edit
Fitness Club, Monthly Fee for 1 Adult 155.42 $
(1,210.93 HK$)
81.44 $
(634.56 HK$)
     -47.6 %
Tennis Court Rent (1 Hour on Weekend) 72.22 $
(562.72 HK$)
8.59 $
(66.91 HK$)
     -88.1 %
Cinema, International Release, 1 Seat 20.00 $
(155.83 HK$)
12.83 $
(100.00 HK$)
     -35.8 %
Childcare
New York, NY Edit Hong Kong Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 3,122.44 $
(24,328.55 HK$)
1,072.15 $
(8,353.67 HK$)
     -65.7 %
International Primary School, Yearly for 1 Child 59,000.00 $
(459,698.91 HK$)
22,588.70 $
(176,000.00 HK$)
     -61.7 %
Clothing And Shoes
New York, NY Edit Hong Kong Edit
1 Pair of Jeans (Levis 501 Or Similar) 67.32 $
(524.54 HK$)
75.20 $
(585.89 HK$)
     +11.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 46.47 $
(362.10 HK$)
38.75 $
(301.88 HK$)
     -16.6 %
1 Pair of Nike Running Shoes (Mid-Range) 112.81 $
(878.94 HK$)
91.66 $
(714.20 HK$)
     -18.7 %
1 Pair of Men Leather Business Shoes 173.82 $
(1,354.30 HK$)
141.52 $
(1,102.69 HK$)
     -18.6 %
Rent Per Month
New York, NY Edit Hong Kong Edit
Apartment (1 bedroom) in City Centre 3,946.82 $
(30,751.65 HK$)
2,088.09 $
(16,269.35 HK$)
     -47.1 %
Apartment (1 bedroom) Outside of Centre 2,902.97 $
(22,618.50 HK$)
1,583.34 $
(12,336.59 HK$)
     -45.5 %
Apartment (3 bedrooms) in City Centre 8,522.41 $
(66,402.45 HK$)
4,514.45 $
(35,174.36 HK$)
     -47.0 %
Apartment (3 bedrooms) Outside of Centre 5,264.17 $
(41,015.79 HK$)
3,170.47 $
(24,702.70 HK$)
     -39.8 %
Buy Apartment Price
New York, NY Edit Hong Kong Edit
Price per Square Feet to Buy Apartment in City Centre 1,667.95 $
(12,995.81 HK$)
2,447.26 $
(19,067.82 HK$)
     +46.7 %
Price per Square Feet to Buy Apartment Outside of Centre 1,197.27 $
(9,328.50 HK$)
1,499.06 $
(11,679.96 HK$)
     +25.2 %
Salaries And Financing
New York, NY Edit Hong Kong Edit
Average Monthly Net Salary (After Tax) 5,570.97 $
(43,406.22 HK$)
3,755.00 $
(29,257.09 HK$)
     -32.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.60 4.02      -39.1 %
Last update: February 2025February 2025
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