Cost of living comparison
Hong Kong is 28.8% cheaper than Monaco.
If you lived in Hong Kong instead of Monaco, you would:
pay 72.9% less for restaurants
Monaco
|
Hong Kong
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$41.23
€38.54
|
$7.64
HK$59.84
|
|
Fast food combo meal
McDonalds, or similar
|
$10.44
€9.76
|
$5.73
HK$44.88
|
|
Bottle of Coca-Cola (11 fl. oz) |
$5.94
€5.55
|
$1.23
HK$9.62
|
|
Bottle of water (11 fl. oz) |
$7.70
€7.20
|
$1.11
HK$8.66
|
|
pay 6.0% more for groceries
Monaco
|
Hong Kong
|
||
---|---|---|---|
Bread
1 loaf
|
$3.80
€3.55
|
$2.29
HK$17.90
|
|
Local cheese (8 oz) |
$10.72
€10.02
|
$12.63
HK$98.87
|
|
Milk (1 gallon) |
$8.50
€7.94
|
$11.66
HK$91.27
|
|
Eggs
1 dozen
|
$4.29
€4.01
|
$3.47
HK$27.14
|
|
Boneless chicken breast (1 lb) |
$6.64
€6.21
|
$4.48
HK$35.07
|
|
Apples (1 lb) |
$1.33
€1.24
|
$2.03
HK$15.90
|
|
Bananas (1 lb) |
$1.99
€1.86
|
$1.13
HK$8.86
|
|
Oranges (1 lb) |
$0.71
€0.66
|
$1.75
HK$13.72
|
|
Tomatoes (1 lb) |
$1.87
€1.75
|
$1.35
HK$10.55
|
|
Potatoes (1 lb) |
$1.37
€1.28
|
$1.21
HK$9.46
|
|
Onions (1 lb) |
$1.39
€1.30
|
$1.18
HK$9.21
|
|
pay 29.5% more for transportation
Monaco
|
Hong Kong
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.27
€7.73
|
$10.64
HK$83.32
|
|
Monthly public transit pass |
$38.21
€35.72
|
$63.70
HK$498.64
|
|
New Volkswagen Golf 1.4 (standard edition) |
$21,988.99
€20,557.18
|
$33,122.07
HK$259,291.19
|
|
Taxi trip in downtown area (5 miles) |
$18.25
€17.06
|
$13.12
HK$102.72
|
|
pay 58.1% less for housing
Monaco
|
Hong Kong
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$107.38
€100.39
|
$23.34
HK$182.70
|
|
1-Bedroom apartment in downtown area |
$5,818.99
€5,440.09
|
$2,288.41
HK$17,914.44
|
|
1-Bedroom apartment outside city center |
$4,384.68
€4,099.17
|
$1,628.63
HK$12,749.46
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$226.60
€211.84
|
$157.03
HK$1,229.32
|
|
pay 40.0% less for childcare
Monaco
|
Hong Kong
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$3,518.24
€3,289.15
|
$771.50
HK$6,039.59
|
|
Middle school for 1 child, two semesters |
$19,240.37
€17,987.53
|
$18,861.18
HK$147,651.93
|
|
pay 27.2% less for entertainment and sports
Monaco
|
Hong Kong
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.80
€8.22
|
$6.37
HK$49.86
|
|
Cappuccino in mid-range area |
$4.42
€4.13
|
$5.02
HK$39.31
|
|
Pack of cigarettes
Marlboro or similar
|
$12.09
€11.31
|
$8.28
HK$64.82
|
|
Monthly membership at local gym |
$604.70
€565.32
|
$79.37
HK$621.30
|
|
Movie ticket to theater/cinema |
$13.19
€12.33
|
$12.74
HK$99.73
|
|
pay 38.8% less for clothing
Monaco
|
Hong Kong
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$142.47
€133.19
|
$80.90
HK$633.33
|
|
Regular dress
from H&M or similar store
|
$39.03
€36.49
|
$39.86
HK$312.07
|
|
Running shoes
Nike or Adidas
|
$149.66
€139.92
|
$88.35
HK$691.62
|
|
Men's business shoes (leather) |
$481.56
€450.20
|
$129.40
HK$1,012.99
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Hong Kong or Monaco. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.