Cost of Living Comparison Between New York, NY and Hong Kong 
| Indices Difference |  |
|---|---|
| Cost of Living in Hong Kong is 25.0% lower than in New York, NY (excluding rent) | |
| Cost of Living Including Rent in Hong Kong is 33.3% lower than in New York, NY | |
| Rent Prices in Hong Kong are 43.0% lower than in New York, NY | |
| Restaurant Prices in Hong Kong are 48.9% lower than in New York, NY | |
| Groceries Prices in Hong Kong are 24.4% lower than in New York, NY | |
| Local Purchasing Power in Hong Kong is 4.2% lower than in New York, NY | |
Restaurants | New York, NY Edit |
Hong Kong Edit | Difference |
|---|---|---|---|
| Meal at an Inexpensive Restaurant |
25.00 $ (194.95 HK$) |
7.69 $ (60.00 HK$) |
-69.2 % |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) |
140.00 $ (1,091.73 HK$) |
73.74 $ (575.00 HK$) |
-47.3 % |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) |
14.00 $ (109.17 HK$) |
6.41 $ (50.00 HK$) |
-54.2 % |
| Domestic Draft Beer (1 Pint) |
8.00 $ (62.38 HK$) |
6.41 $ (50.00 HK$) |
-19.9 % |
| Imported Beer (12 oz Small Bottle) |
10.00 $ (77.98 HK$) |
6.41 $ (50.00 HK$) |
-35.9 % |
| Cappuccino (Regular Size) |
5.75 $ (44.84 HK$) |
5.09 $ (39.67 HK$) |
-11.5 % |
| Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) |
3.09 $ (24.10 HK$) |
1.24 $ (9.70 HK$) |
-59.8 % |
| Bottled Water (12 oz) |
2.57 $ (20.02 HK$) |
1.09 $ (8.53 HK$) |
-57.4 % |
Markets | New York, NY Edit |
Hong Kong Edit | |
| Milk (Regular, 1 Liter) |
1.36 $ (10.60 HK$) |
3.16 $ (24.63 HK$) |
+132.4 % |
| Fresh White Bread (1 lb Loaf) |
4.43 $ (34.52 HK$) |
2.03 $ (15.85 HK$) |
-54.1 % |
| White Rice (1 lb) |
3.80 $ (29.61 HK$) |
0.91 $ (7.09 HK$) |
-76.1 % |
| Eggs (12, Large Size) |
7.20 $ (56.16 HK$) |
3.75 $ (29.28 HK$) |
-47.9 % |
| Local Cheese (1 lb) |
7.71 $ (60.11 HK$) |
10.61 $ (82.77 HK$) |
+37.7 % |
| Chicken Fillets (1 lb) |
6.92 $ (54.00 HK$) |
4.71 $ (36.76 HK$) |
-31.9 % |
| Beef Round or Equivalent Back Leg Red Meat (1 lb) |
9.01 $ (70.23 HK$) |
9.89 $ (77.15 HK$) |
+9.9 % |
| Apples (1 lb) |
3.12 $ (24.33 HK$) |
1.64 $ (12.75 HK$) |
-47.6 % |
| Bananas (1 lb) |
1.11 $ (8.63 HK$) |
1.05 $ (8.20 HK$) |
-4.9 % |
| Oranges (1 lb) |
2.61 $ (20.38 HK$) |
1.80 $ (14.07 HK$) |
-31.0 % |
| Tomatoes (1 lb) |
2.70 $ (21.03 HK$) |
1.41 $ (10.98 HK$) |
-47.8 % |
| Potatoes (1 lb) |
1.52 $ (11.83 HK$) |
1.11 $ (8.65 HK$) |
-26.9 % |
| Onions (1 lb) |
1.66 $ (12.94 HK$) |
1.07 $ (8.31 HK$) |
-35.8 % |
| Lettuce (1 Head) |
3.00 $ (23.37 HK$) |
1.60 $ (12.50 HK$) |
-46.5 % |
| Bottled Water (50 oz) |
2.56 $ (19.97 HK$) |
1.75 $ (13.66 HK$) |
-31.6 % |
| Bottle of Wine (Mid-Range) |
18.00 $ (140.37 HK$) |
15.39 $ (120.00 HK$) |
-14.5 % |
| Domestic Beer (16.9 oz Bottle) |
3.48 $ (27.17 HK$) |
1.82 $ (14.21 HK$) |
-47.7 % |
| Imported Beer (12 oz Small Bottle) |
4.34 $ (33.87 HK$) |
2.42 $ (18.86 HK$) |
-44.3 % |
| Cigarettes (Pack of 20, Marlboro) |
19.00 $ (148.16 HK$) |
13.14 $ (102.50 HK$) |
-30.8 % |
Transportation | New York, NY Edit |
Hong Kong Edit | |
| One-Way Ticket (Local Transport) |
2.90 $ (22.61 HK$) |
1.54 $ (12.00 HK$) |
-46.9 % |
| Monthly Public Transport Pass (Regular Price) |
133.00 $ (1,037.14 HK$) |
77.08 $ (601.09 HK$) |
-42.0 % |
| Taxi Start (Standard Tariff) |
3.00 $ (23.39 HK$) |
3.72 $ (29.00 HK$) |
+24.0 % |
| Taxi 1 mile (Standard Tariff) |
3.50 $ (27.29 HK$) |
2.17 $ (16.90 HK$) |
-38.1 % |
| Taxi 1 Hour Waiting (Standard Tariff) |
42.00 $ (327.52 HK$) |
16.16 $ (126.00 HK$) |
-61.5 % |
| Gasoline (1 Liter) |
0.88 $ (6.89 HK$) |
3.23 $ (25.16 HK$) |
+265.0 % |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) |
35,458.00 $ (276,503.79 HK$) |
44,882.93 $ (350,000.00 HK$) |
+26.6 % |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) |
25,752.12 $ (200,816.67 HK$) |
35,776.82 $ (278,990.00 HK$) |
+38.9 % |
Utilities (Monthly) | New York, NY Edit |
Hong Kong Edit | |
| Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) |
184.68 $ (1,440.15 HK$) |
215.95 $ (1,683.98 HK$) |
+16.9 % |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) |
62.88 $ (490.38 HK$) |
15.55 $ (121.22 HK$) |
-75.3 % |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) |
64.43 $ (502.42 HK$) |
20.07 $ (156.48 HK$) |
-68.9 % |
Sports And Leisure | New York, NY Edit |
Hong Kong Edit | |
| Monthly Fitness Club Membership |
125.62 $ (979.63 HK$) |
77.73 $ (606.11 HK$) |
-38.1 % |
| Tennis Court Rental (1 Hour, Weekend) |
64.67 $ (504.27 HK$) |
9.73 $ (75.86 HK$) |
-85.0 % |
| Cinema Ticket (International Release) |
22.00 $ (171.56 HK$) |
12.82 $ (100.00 HK$) |
-41.7 % |
Childcare | New York, NY Edit |
Hong Kong Edit | |
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child |
3,427.83 $ (26,730.47 HK$) |
1,065.82 $ (8,311.37 HK$) |
-68.9 % |
| International Primary School, Annual Tuition per Child |
59,079.88 $ (460,708.76 HK$) |
22,779.93 $ (177,639.40 HK$) |
-61.4 % |
Clothing And Shoes | New York, NY Edit |
Hong Kong Edit | |
| Jeans (Levi's 501 or Similar) |
68.86 $ (537.00 HK$) |
75.54 $ (589.09 HK$) |
+9.7 % |
| Summer Dress in a Chain Store (e.g. Zara or H&M) |
55.75 $ (434.74 HK$) |
39.64 $ (309.09 HK$) |
-28.9 % |
| Nike Running Shoes (Mid-Range) |
118.12 $ (921.14 HK$) |
86.96 $ (678.12 HK$) |
-26.4 % |
| Men's Leather Business Shoes |
162.00 $ (1,263.29 HK$) |
132.92 $ (1,036.50 HK$) |
-18.0 % |
Rent Per Month | New York, NY Edit |
Hong Kong Edit | |
| 1 Bedroom Apartment in City Centre |
4,625.86 $ (36,072.77 HK$) |
2,310.94 $ (18,020.83 HK$) |
-50.0 % |
| 1 Bedroom Apartment Outside of City Centre |
2,779.46 $ (21,674.44 HK$) |
1,691.51 $ (13,190.48 HK$) |
-39.1 % |
| 3 Bedroom Apartment in City Centre |
9,380.95 $ (73,153.28 HK$) |
5,222.20 $ (40,723.08 HK$) |
-44.3 % |
| 3 Bedroom Apartment Outside of City Centre |
5,152.50 $ (40,179.53 HK$) |
3,273.10 $ (25,523.81 HK$) |
-36.5 % |
Buy Apartment Price | New York, NY Edit |
Hong Kong Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,974.73 $ (15,399.06 HK$) |
2,359.60 $ (18,400.32 HK$) |
+19.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
922.44 $ (7,193.24 HK$) |
1,487.09 $ (11,596.41 HK$) |
+61.2 % |
Salaries And Financing | New York, NY Edit |
Hong Kong Edit | |
| Average Monthly Net Salary (After Tax) |
5,214.04 $ (40,659.41 HK$) |
3,330.36 $ (25,970.34 HK$) |
-36.1 % |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 6.64 | 3.75 | -43.5 % |
| Last update: | 18 January 2026 | 15 January 2026 | |
| Contributors in the past 12 months: | 283 | 281 | |
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| 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 |
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| Cost of Living in Glen Cove, New York | 30.15 miles |