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

Indices DifferenceInfo
Consumer Prices in Hong Kong are 30.7% lower than in New York, NY (without rent)
Consumer Prices Including Rent in Hong Kong are 36.1% lower than in New York, NY
Rent Prices in Hong Kong are 42.0% lower than in New York, NY
Restaurant Prices in Hong Kong are 54.2% lower than in New York, NY
Groceries Prices in Hong Kong are 16.7% lower than in New York, NY
Local Purchasing Power in Hong Kong is 9.1% 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 $
(234.48 HK$)
8.96 $
(70.00 HK$)
     -70.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 130.00 $
(1,016.08 HK$)
63.97 $
(500.00 HK$)
     -50.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(93.79 HK$)
5.76 $
(45.00 HK$)
     -52.0 %
Domestic Beer (1 pint draught) 8.00 $
(62.53 HK$)
6.40 $
(50.00 HK$)
     -20.0 %
Imported Beer (12 oz small bottle) 11.00 $
(85.98 HK$)
6.40 $
(50.00 HK$)
     -41.8 %
Cappuccino (regular) 5.72 $
(44.67 HK$)
5.27 $
(41.17 HK$)
     -7.8 %
Coke/Pepsi (12 oz small bottle) 3.17 $
(24.79 HK$)
1.34 $
(10.47 HK$)
     -57.8 %
Water (12 oz small bottle) 2.33 $
(18.23 HK$)
1.11 $
(8.71 HK$)
     -52.2 %
Markets
New York, NY Edit Hong Kong Edit
Milk (regular), (1 gallon) 5.65 $
(44.13 HK$)
12.22 $
(95.49 HK$)
     +116.4 %
Loaf of Fresh White Bread (1 lb) 4.39 $
(34.28 HK$)
2.09 $
(16.33 HK$)
     -52.4 %
Rice (white), (1 lb) 3.33 $
(26.02 HK$)
1.09 $
(8.50 HK$)
     -67.3 %
Eggs (regular) (12) 5.22 $
(40.77 HK$)
4.05 $
(31.68 HK$)
     -22.3 %
Local Cheese (1 lb) 7.64 $
(59.73 HK$)
12.93 $
(101.06 HK$)
     +69.2 %
Chicken Fillets (1 lb) 7.05 $
(55.11 HK$)
4.55 $
(35.52 HK$)
     -35.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.99 $
(70.28 HK$)
10.87 $
(84.98 HK$)
     +20.9 %
Apples (1 lb) 3.10 $
(24.25 HK$)
1.75 $
(13.69 HK$)
     -43.5 %
Banana (1 lb) 0.95 $
(7.42 HK$)
1.17 $
(9.17 HK$)
     +23.6 %
Oranges (1 lb) 2.53 $
(19.75 HK$)
1.72 $
(13.47 HK$)
     -31.8 %
Tomato (1 lb) 2.86 $
(22.37 HK$)
1.47 $
(11.47 HK$)
     -48.7 %
Potato (1 lb) 1.81 $
(14.12 HK$)
1.21 $
(9.47 HK$)
     -32.9 %
Onion (1 lb) 1.69 $
(13.20 HK$)
1.20 $
(9.40 HK$)
     -28.8 %
Lettuce (1 head) 3.01 $
(23.54 HK$)
1.53 $
(11.95 HK$)
     -49.2 %
Water (1.5 liter bottle) 2.44 $
(19.10 HK$)
1.68 $
(13.16 HK$)
     -31.1 %
Bottle of Wine (Mid-Range) 20.00 $
(156.32 HK$)
15.35 $
(120.00 HK$)
     -23.2 %
Domestic Beer (0.5 liter bottle) 2.53 $
(19.76 HK$)
2.31 $
(18.05 HK$)
     -8.6 %
Imported Beer (12 oz small bottle) 3.86 $
(30.14 HK$)
2.80 $
(21.86 HK$)
     -27.5 %
Cigarettes 20 Pack (Marlboro) 17.00 $
(132.87 HK$)
12.79 $
(100.00 HK$)
     -24.7 %
Transportation
New York, NY Edit Hong Kong Edit
One-way Ticket (Local Transport) 2.90 $
(22.67 HK$)
1.54 $
(12.00 HK$)
     -47.1 %
Monthly Pass (Regular Price) 132.00 $
(1,031.71 HK$)
63.97 $
(500.00 HK$)
     -51.5 %
Taxi Start (Normal Tariff) 5.00 $
(39.08 HK$)
3.45 $
(27.00 HK$)
     -30.9 %
Taxi 1 mile (Normal Tariff) 3.50 $
(27.36 HK$)
2.06 $
(16.09 HK$)
     -41.2 %
Taxi 1hour Waiting (Normal Tariff) 34.00 $
(265.74 HK$)
14.59 $
(114.00 HK$)
     -57.1 %
Gasoline (1 gallon) 3.85 $
(30.13 HK$)
11.60 $
(90.67 HK$)
     +201.0 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 $
(273,559.61 HK$)
33,239.56 $
(259,800.00 HK$)
     -5.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 28,356.86 $
(221,636.89 HK$)
33,088.91 $
(258,622.58 HK$)
     +16.7 %
Utilities (Monthly)
New York, NY Edit Hong Kong Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 187.85 $
(1,468.27 HK$)
259.73 $
(2,030.06 HK$)
     +38.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 68.17 $
(532.83 HK$)
19.15 $
(149.71 HK$)
     -71.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 71.82 $
(561.33 HK$)
20.93 $
(163.60 HK$)
     -70.9 %
Sports And Leisure
New York, NY Edit Hong Kong Edit
Fitness Club, Monthly Fee for 1 Adult 147.95 $
(1,156.41 HK$)
87.39 $
(683.03 HK$)
     -40.9 %
Tennis Court Rent (1 Hour on Weekend) 93.12 $
(727.86 HK$)
8.52 $
(66.58 HK$)
     -90.9 %
Cinema, International Release, 1 Seat 20.00 $
(156.32 HK$)
12.79 $
(100.00 HK$)
     -36.0 %
Childcare
New York, NY Edit Hong Kong Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 3,123.56 $
(24,413.68 HK$)
950.07 $
(7,425.76 HK$)
     -69.6 %
International Primary School, Yearly for 1 Child 58,000.00 $
(453,327.36 HK$)
21,429.87 $
(167,495.65 HK$)
     -63.1 %
Clothing And Shoes
New York, NY Edit Hong Kong Edit
1 Pair of Jeans (Levis 501 Or Similar) 72.17 $
(564.11 HK$)
76.54 $
(598.24 HK$)
     +6.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 48.24 $
(377.03 HK$)
41.31 $
(322.89 HK$)
     -14.4 %
1 Pair of Nike Running Shoes (Mid-Range) 101.23 $
(791.24 HK$)
89.82 $
(702.04 HK$)
     -11.3 %
1 Pair of Men Leather Business Shoes 169.09 $
(1,321.58 HK$)
128.95 $
(1,007.90 HK$)
     -23.7 %
Rent Per Month
New York, NY Edit Hong Kong Edit
Apartment (1 bedroom) in City Centre 4,203.82 $
(32,857.03 HK$)
2,304.39 $
(18,011.11 HK$)
     -45.2 %
Apartment (1 bedroom) Outside of Centre 2,895.30 $
(22,629.63 HK$)
1,620.61 $
(12,666.67 HK$)
     -44.0 %
Apartment (3 bedrooms) in City Centre 8,779.04 $
(68,616.87 HK$)
4,786.07 $
(37,407.89 HK$)
     -45.5 %
Apartment (3 bedrooms) Outside of Centre 4,625.19 $
(36,150.40 HK$)
3,182.01 $
(24,870.59 HK$)
     -31.2 %
Buy Apartment Price
New York, NY Edit Hong Kong Edit
Price per Square Feet to Buy Apartment in City Centre 1,710.37 $
(13,368.24 HK$)
2,690.17 $
(21,026.37 HK$)
     +57.3 %
Price per Square Feet to Buy Apartment Outside of Centre 1,142.75 $
(8,931.71 HK$)
1,734.55 $
(13,557.23 HK$)
     +51.8 %
Salaries And Financing
New York, NY Edit Hong Kong Edit
Average Monthly Net Salary (After Tax) 5,903.58 $
(46,142.32 HK$)
4,114.36 $
(32,157.83 HK$)
     -30.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.74 3.94      -41.6 %
Last update: May 2024May 2024
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