Cost of Living in Hong Kong vs South Korea comparison
Updated:
Hong Kong
Explore Hong Kong, a captivating country with a population of 7,500,700. Embrace a comfortable lifestyle with an average cost of living at $4036 and a median after-tax salary of $2983.61. Enjoy dining at diverse restaurants for $96, shop for essentials at bustling markets with an average of $121, and entrust your childcare needs to facilities costing approximately $18953annually. Keep your wardrobe fresh with a clothing budget of $338and secure a lovely home for $11397per month. Hong Kong also offers an attractive average salary of $2983.61. Immerse yourself in the beauty of Hong Kong, where rich culture meets affordability.
South Korea
Discover South Korea, a captivating country with a population of 51,466,201. Experience a comfortable way of life, where the average cost of living stands at $1993, and the median after-tax salary amounts to $2010.65. Savor the culinary delights of South Korea at various restaurants for an average of $57, explore bustling markets with essentials priced at around $107, and entrust your childcare needs to facilities costing approximately $18809annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $2578per month. South Korea also boasts an appealing average salary of $2010.65. Immerse yourself in the beauty of South Korea, where affordability and cultural richness converge.
Hong Kong VS South Korea
Restaurants |
Hong Kong |
South Korea |
Difference |
|---|---|---|---|
|
Meal, Inexpensive Restaurant |
7.64 $ | 5.56 $ | 37 % |
|
Meal for 2 People, Mid-range Restaurant, Three-course |
63.7 $ | 34.75 $ | 83 % |
|
McMeal at McDonalds (or Equivalent Combo Meal) |
5.41 $ | 4.86 $ | 11 % |
|
Domestic Beer (1 pint draught) |
6.37 $ | 2.78 $ | 129 % |
|
Imported Beer (12 oz small bottle) |
6.37 $ | 4.17 $ | 52 % |
|
Cappuccino (regular) |
5.06 $ | 3.25 $ | 55 % |
|
Coke/Pepsi (12 oz small bottle) |
1.25 $ | 1.24 $ | -- |
|
Water (12 oz small bottle) |
1.03 $ | 0.65 $ | 58 % |
Markets |
Hong Kong |
South Korea |
Difference |
|---|---|---|---|
|
Milk (regular), (1 gallon) |
3.04 $ | 1.82 $ | 67 % |
|
Loaf of Fresh White Bread (1 lb) |
2.28 $ | 2.3 $ | -- |
|
Rice (white), (1 lb) |
1.95 $ | 3.22 $ | -39 % |
|
Eggs (regular) (12) |
3.48 $ | 2.91 $ | 19 % |
|
Local Cheese (1 lb) |
24.99 $ | 12.49 $ | 100 % |
|
Chicken Fillets (1 lb) |
9.26 $ | 8.13 $ | 13 % |
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
22.9 $ | 28.53 $ | -19 % |
|
Apples (1 lb) |
4.54 $ | 5.73 $ | -20 % |
|
Banana (1 lb) |
2.58 $ | 3.09 $ | -16 % |
|
Oranges (1 lb) |
3.72 $ | 4.92 $ | -24 % |
|
Tomato (1 lb) |
2.9 $ | 5.04 $ | -42 % |
|
Potato (1 lb) |
2.57 $ | 3.18 $ | -19 % |
|
Onion (1 lb) |
2.59 $ | 2.36 $ | 9 % |
|
Lettuce (1 head) |
1.58 $ | 2.05 $ | -22 % |
|
Water (1.5 liter bottle) |
1.57 $ | 0.96 $ | 63 % |
|
Bottle of Wine (Mid-Range) |
19.11 $ | 13.9 $ | 37 % |
|
Domestic Beer (0.5 liter bottle) |
1.82 $ | 1.85 $ | -1 % |
|
Imported Beer (12 oz small bottle) |
2.78 $ | 2.19 $ | 26 % |
|
Cigarettes 20 Pack (Marlboro) |
7.9 $ | 3.13 $ | 152 % |
Transportation |
Hong Kong |
South Korea |
Difference |
|---|---|---|---|
|
One-way Ticket (Local Transport) |
1.53 $ | 0.9 $ | 70 % |
|
Monthly Pass (Regular Price) |
63.7 $ | 38.22 $ | 66 % |
|
Taxi Start (Normal Tariff) |
3.18 $ | 2.43 $ | 30 % |
|
Taxi 1 mile (Normal Tariff) |
1.21 $ | 0.69 $ | 75 % |
|
Taxi 1hour Waiting (Normal Tariff) |
12.74 $ | 8.34 $ | 52 % |
|
Gasoline (1 gallon) |
2.72 $ | 1.22 $ | 122 % |
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33121.53 $ | 24545.84 $ | 34 % |
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
31917.11 $ | 21911.65 $ | 45 % |
Utilities (Monthly) |
Hong Kong |
South Korea |
Difference |
|---|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
196.81 $ | 127.06 $ | 54 % |
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.1 $ | 0.15 $ | -33 % |
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
22.17 $ | 19.3 $ | 14 % |
Sports And Leisure |
Hong Kong |
South Korea |
Difference |
|---|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
71.59 $ | 42.31 $ | 69 % |
|
Tennis Court Rent (1 Hour on Weekend) |
9.1 $ | 16.69 $ | -45 % |
|
Cinema, International Release, 1 Seat |
12.74 $ | 8.34 $ | 52 % |
Childcare |
Hong Kong |
South Korea |
Difference |
|---|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
762.83 $ | 325.01 $ | 134 % |
|
International Primary School, Yearly for 1 Child |
18190.61 $ | 18484.27 $ | -1 % |
Clothing And Shoes |
Hong Kong |
South Korea |
Difference |
|---|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
81.42 $ | 50.47 $ | 61 % |
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
40.14 $ | 36.18 $ | 10 % |
|
1 Pair of Nike Running Shoes (Mid-Range) |
88.26 $ | 65.02 $ | 35 % |
|
1 Pair of Men Leather Business Shoes |
128.36 $ | 95.42 $ | 34 % |
Rent Per Month |
Hong Kong |
South Korea |
Difference |
|---|---|---|---|
|
Apartment (1 bedroom) in City Centre |
2198.67 $ | 445.59 $ | 393 % |
|
Apartment (1 bedroom) Outside of Centre |
1614.94 $ | 309.71 $ | 421 % |
|
Apartment (3 bedrooms) in City Centre |
4519.81 $ | 1100.29 $ | 310 % |
|
Apartment (3 bedrooms) Outside of Centre |
3064.29 $ | 723.08 $ | 323 % |
Buy Apartment Price |
Hong Kong |
South Korea |
Difference |
|---|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
31793.01 $ | 13976.44 $ | 127 % |
|
Price per Square Feet to Buy Apartment Outside of Centre |
20607.21 $ | 7599.99 $ | 171 % |
Salaries And Financing |
Hong Kong |
South Korea |
Difference |
|---|---|---|---|
|
Average Monthly Net Salary (After Tax) |
2983.61 $ | 2010.65 $ | 48 % |
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
2.34 % | 3.52 % | -33 % |