Cost of Living in South Korea vs Hong Kong comparison

$1,993

South Korea

Explore South Korea, a captivating country with a population of 51,466,201. Embrace a comfortable lifestyle with an average cost of living at $1993 and a median after-tax salary of $2010.65. Enjoy dining at diverse restaurants for $57, shop for essentials at bustling markets with an average of $107, and entrust your childcare needs to facilities costing approximately $18809annually. Keep your wardrobe fresh with a clothing budget of $247and secure a lovely home for $2578per month. South Korea also offers an attractive average salary of $2010.65. Immerse yourself in the beauty of South Korea, where rich culture meets affordability.

$4,036

Hong Kong

Discover Hong Kong, a captivating country with a population of 7,500,700. Experience a comfortable way of life, where the average cost of living stands at $4036, and the median after-tax salary amounts to $2983.61. Savor the culinary delights of Hong Kong at various restaurants for an average of $96, explore bustling markets with essentials priced at around $121, and entrust your childcare needs to facilities costing approximately $18953annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $11397per month. Hong Kong also boasts an appealing average salary of $2983.61. Immerse yourself in the beauty of Hong Kong, where affordability and cultural richness converge.

restaurant
$ 57
Restaurants
restaurant
$ 96
Restaurants
store
$ 107
Markets
store
$ 121
Markets
child_friendly
$ 18,809
Childcare
child_friendly
$ 18,953
Childcare
checkroom
$ 247
Clothing
checkroom
$ 338
Clothing
night_shelter
$ 2,578
Rent Per Month
night_shelter
$ 11,397
Rent Per Month
account_balance_wallet
$ 2,010
Salaries
account_balance_wallet
$ 2,983
Salaries
South Korea VS Hong Kong
restaurant

Restaurants

South Korea

Hong Kong

Difference

Meal, Inexpensive Restaurant

5.56 $ 7.64 $ -27 %

Meal for 2 People, Mid-range Restaurant, Three-course

34.75 $ 63.7 $ -45 %

McMeal at McDonalds (or Equivalent Combo Meal)

4.86 $ 5.41 $ -10 %

Domestic Beer (1 pint draught)

2.78 $ 6.37 $ -56 %

Imported Beer (12 oz small bottle)

4.17 $ 6.37 $ -34 %

Cappuccino (regular)

3.25 $ 5.06 $ -35 %

Coke/Pepsi (12 oz small bottle)

1.24 $ 1.25 $ --

Water (12 oz small bottle)

0.65 $ 1.03 $ -36 %
store

Markets

South Korea

Hong Kong

Difference

Milk (regular), (1 gallon)

1.82 $ 3.04 $ -40 %

Loaf of Fresh White Bread (1 lb)

2.3 $ 2.28 $ --

Rice (white), (1 lb)

3.22 $ 1.95 $ 65 %

Eggs (regular) (12)

2.91 $ 3.48 $ -16 %

Local Cheese (1 lb)

12.49 $ 24.99 $ -50 %

Chicken Fillets (1 lb)

8.13 $ 9.26 $ -12 %

Beef Round (1 lb) (or Equivalent Back Leg Red Meat)

28.53 $ 22.9 $ 24 %

Apples (1 lb)

5.73 $ 4.54 $ 26 %

Banana (1 lb)

3.09 $ 2.58 $ 19 %

Oranges (1 lb)

4.92 $ 3.72 $ 32 %

Tomato (1 lb)

5.04 $ 2.9 $ 73 %

Potato (1 lb)

3.18 $ 2.57 $ 23 %

Onion (1 lb)

2.36 $ 2.59 $ -8 %

Lettuce (1 head)

2.05 $ 1.58 $ 29 %

Water (1.5 liter bottle)

0.96 $ 1.57 $ -38 %

Bottle of Wine (Mid-Range)

13.9 $ 19.11 $ -27 %

Domestic Beer (0.5 liter bottle)

1.85 $ 1.82 $ 1 %

Imported Beer (12 oz small bottle)

2.19 $ 2.78 $ -21 %

Cigarettes 20 Pack (Marlboro)

3.13 $ 7.9 $ -60 %
commute

Transportation

South Korea

Hong Kong

Difference

One-way Ticket (Local Transport)

0.9 $ 1.53 $ -41 %

Monthly Pass (Regular Price)

38.22 $ 63.7 $ -40 %

Taxi Start (Normal Tariff)

2.43 $ 3.18 $ -23 %

Taxi 1 mile (Normal Tariff)

0.69 $ 1.21 $ -42 %

Taxi 1hour Waiting (Normal Tariff)

8.34 $ 12.74 $ -34 %

Gasoline (1 gallon)

1.22 $ 2.72 $ -55 %

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

24545.84 $ 33121.53 $ -25 %

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

21911.65 $ 31917.11 $ -31 %
mark_as_unread

Utilities (Monthly)

South Korea

Hong Kong

Difference

Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment

127.06 $ 196.81 $ -35 %

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)

0.15 $ 0.1 $ 49 %

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

19.3 $ 22.17 $ -12 %
kitesurfing

Sports And Leisure

South Korea

Hong Kong

Difference

Fitness Club, Monthly Fee for 1 Adult

42.31 $ 71.59 $ -40 %

Tennis Court Rent (1 Hour on Weekend)

16.69 $ 9.1 $ 83 %

Cinema, International Release, 1 Seat

8.34 $ 12.74 $ -34 %
child_friendly

Childcare

South Korea

Hong Kong

Difference

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

325.01 $ 762.83 $ -57 %

International Primary School, Yearly for 1 Child

18484.27 $ 18190.61 $ 1 %
checkroom

Clothing And Shoes

South Korea

Hong Kong

Difference

1 Pair of Jeans (Levis 501 Or Similar)

50.47 $ 81.42 $ -38 %

1 Summer Dress in a Chain Store (Zara, H&M, ...)

36.18 $ 40.14 $ -9 %

1 Pair of Nike Running Shoes (Mid-Range)

65.02 $ 88.26 $ -26 %

1 Pair of Men Leather Business Shoes

95.42 $ 128.36 $ -25 %
night_shelter

Rent Per Month

South Korea

Hong Kong

Difference

Apartment (1 bedroom) in City Centre

445.59 $ 2198.67 $ -79 %

Apartment (1 bedroom) Outside of Centre

309.71 $ 1614.94 $ -80 %

Apartment (3 bedrooms) in City Centre

1100.29 $ 4519.81 $ -75 %

Apartment (3 bedrooms) Outside of Centre

723.08 $ 3064.29 $ -76 %
home

Buy Apartment Price

South Korea

Hong Kong

Difference

Price per Square Feet to Buy Apartment in City Centre

13976.44 $ 31793.01 $ -56 %

Price per Square Feet to Buy Apartment Outside of Centre

7599.99 $ 20607.21 $ -63 %
account_balance_wallet

Salaries And Financing

South Korea

Hong Kong

Difference

Average Monthly Net Salary (After Tax)

2010.65 $ 2983.61 $ -32 %

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

3.52 % 2.34 % 50 %