Last update: Oct 2026

Cost of Living Comparison Between Frankston and Hong Kong

For one person, living is cheaper in Frankston: $2,361 a month against $2,984 in Hong Kong, rent and utilities included – about $7,500 less a year. Rent and utilities account for most of the difference.

115

Cost of Living Index in Frankston
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Frankston Living Index
144

Cost of Living Index in Hong Kong
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Hong Kong Living Index

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Frankston

🇦🇺 Australia

$2,361

/mo nomad

Hong Kong

🇭🇰 Hong Kong (China)

$2,984

/mo nomad

Monthly Cost of Living

How much you'll spend in Frankston and in Hong Kong

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Frankston and in Hong Kong actually costs, broken down by who's living it.

A single person spends $2,361 per month in Frankston vs $2,984 in Hong Kong, rent included.

Frankston $2,361
Hong Kong $2,984

A couple spends around $3,320 per month in Frankston vs $4,584 in Hong Kong, rent included.

Frankston $3,320
Hong Kong $4,584

A family of three spends $4,278 per month in Frankston vs $6,183 in Hong Kong, rent included.

Frankston $4,278
Hong Kong $6,183

Frankston is about 21% cheaper than Hong Kong, and outside of rent the biggest gap is in groceries.

Both Frankston and Hong Kong sit above the global median – Frankston by 75%, Hong Kong by 121%.

Meal at Budget Restaurant

$14.79 A$21.28

$7.75 HK$60.8

90.84%

Three-Course Dinner for Two, Mid-Range

$60.0 A$86.4

$64.7 HK$508

-7.19%

Fast Food Meal (McDonalds, etc)

$10.24 A$14.74

$6.18 HK$48.51

65.70%

Cappuccino

$2.74 A$3.95

$5.08 HK$39.85

-46.06%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.05 A$4.38

$1.31 HK$10.31

132.82%

Water (0.33 liter bottle)

$2.11 A$3.03

$1.09 HK$8.56

93.58%

Local Beer (0.5 liter draught)

$9.51 A$13.69

$7.47 HK$58.6

27.31%

Imported Beer (0.33 liter bottle)

$6.99 A$10.06

$6.50 HK$51.0

7.54%

Milk (1 liter)

$1.56 A$2.25

$2.89 HK$22.71

-46.02%

White Bread (500g)

$2.55 A$3.68

$2.31 HK$18.14

10.39%

Rice (white) (1kg)

$2.10 A$3.02

$2.13 HK$16.71

-1.41%

Eggs

$3.79 A$5.45

$3.52 HK$27.65

7.67%

Local Cheese (1kg)

$10.53 A$15.15

$24.72 HK$194

-57.40%

Chicken Fillets (1kg)

$9.66 A$13.91

$8.52 HK$66.9

13.38%

Beef Round Steak (1kg)

$7.85 A$11.30

$18.00 HK$141

-56.39%

Apples (1kg)

$2.62 A$3.77

$4.18 HK$32.79

-37.32%

Banana (1kg)

$3.01 A$4.33

$2.68 HK$21.07

12.31%

Oranges (1kg)

$2.72 A$3.91

$4.49 HK$35.22

-39.42%

Tomato (1kg)

$2.81 A$4.04

$4.03 HK$31.66

-30.27%

Potato (1kg)

$2.99 A$4.30

$3.12 HK$24.51

-4.17%

Onion (1kg)

$2.53 A$3.64

$3.15 HK$24.72

-19.68%

Lettuce (1 head)

$2.39 A$3.44

$1.62 HK$12.75

47.53%

Water (1.5 liter bottle)

$1.40 A$2.02

$1.74 HK$13.66

-19.54%

Cigarettes 20 Pack (Marlboro, Camel)

$42.29 A$60.9

$13.50 HK$106

213.26%

Wine (Bottle)

$6.19 A$8.90

$16.54 HK$130

-62.58%

Local Beer (0.5 liter bottle)

$3.09 A$4.45

$1.94 HK$15.19

59.28%

Imported Beer (0.33 liter bottle)

$4.11 A$5.91

$2.18 HK$17.11

88.53%

One-way Ticket (Public Transport)

$3.41 A$4.91

$1.41 HK$11.04

141.84%

Public Transport Monthly Pass (Regular Price)

$81.5 A$117

$88.6 HK$696

-8.09%

Taxi Start (Normal Tariff)

$4.46 A$6.42

$3.69 HK$28.94

20.87%

Taxi (Normal Tariff) (1km)

$1.37 A$1.97

$1.32 HK$10.36

3.79%

Taxi 1hour Waiting (Normal Tariff)

$30.40 A$43.74

$15.77 HK$124

92.77%

Gasoline (1 liter)

$1.20 A$1.73

$4.03 HK$31.65

-70.22%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$28.7K A$41.3K

$44.7K HK$350.5K

-35.70%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$26.2K A$37.7K

$37.8K HK$296.6K

-30.70%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$228 A$328

$250 HK$1,959

-8.55%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$10.55 A$15.18

$15.60 HK$122

-32.37%

Internet (50+ Mbps, Unlimited Data)

$55.0 A$79.1

$21.77 HK$171

152.46%

Gym Membership (Monthly)

$55.0 A$79.2

$94.2 HK$739

-41.59%

Tennis Court (1 Hour on Weekend)

$17.90 A$25.76

$9.29 HK$72.9

92.68%

Cinema Ticket

$15.52 A$22.34

$13.91 HK$109

11.57%

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

$2,391 A$3,441

$1,162 HK$9,122

105.73%

International Primary School, 1 Child (Yearly)

$30.0K A$43.2K

$21.9K HK$171.6K

37.31%

Jeans (Levis 501 Or Similar)

$79.0 A$114

$68.0 HK$534

16.21%

Summer Dress (H&M, Zara, etc)

$49.82 A$71.7

$41.91 HK$329

18.87%

Sport Shoes (Adidas, Nike)

$85.9 A$124

$79.7 HK$626

7.71%

Men's Leather Business Shoes

$48.85 A$70.3

$122 HK$956

-59.88%

1-bedroom Apartment, City Center (Monthly)

$1,374 A$1,978

$2,241 HK$17.6K

-38.67%

1-bedroom Apartment, Outside City Center (Monthly)

$1,191 A$1,714

$1,718 HK$13.5K

-30.67%

3-bedroom Apartment, City Center (Monthly)

$2,167 A$3,118

$5,041 HK$39.6K

-57.01%

3-bedroom Apartment, Outside City Center (Monthly)

$1,792 A$2,578

$3,435 HK$27.0K

-47.83%

Buy Apartment in City Center (m2)

$6,300 A$9,066

$29.2K HK$229.0K

-78.41%

Buy Apartment Outside City Center (m2)

$5,043 A$7,257

$17.6K HK$137.9K

-71.30%

Average Monthly Net Salary (After Tax)

$4,335 A$6,237

$3,271 HK$25.7K

32.51%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.9

3.91

50.90%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Frankston: October 12, 2026

Last update for Hong Kong: October 10, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Frankston

$1.2K 50.5%

Hong Kong

$1.7K 57.6% 44.2% $527

Groceries & Markets

Frankston

$301 12.7%

Hong Kong

$411 13.8% 36.6% $110

Monthly Utilities & Internet

Frankston

$294 12.4%

Hong Kong

$287 9.6% 2.3% $6.8

Eating Out

Frankston

$264 11.2%

Hong Kong

$201 6.8% 23.7% $63

Clothing & Footwear

Frankston

$119 5%

Hong Kong

$140 4.7% 18.1% $22

Getting Around

Frankston

$106 4.5%

Hong Kong

$105 3.5% 1.8% $1.9

Sport & Entertainment

Frankston

$86 3.6%

Hong Kong

$122 4.1% 41.8% $36

Cost Breakdown

A central one-bedroom costs $1,374 in Frankston versus $2,241 in Hong Kong. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 33% higher in Frankston, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $60.0 in Frankston versus $65.0 in Hong Kong. Monthly groceries follow the same trend: $301 vs $411 – making Frankston the more affordable choice for daily food spending.

Good to know

🇦🇺 Frankston

🇭🇰 Hong Kong

🕒 Local time

10:40 10:40 AM

07:40 7:40 AM

3 h behind Frankston

🌤 Weather

👥 Population

37,331

1,367,900 Capital

💱 Currency

Australian Dollar AUD $

Hong Kong Dollar HKD $

📈 Exchange rate

1 AUD = 0.695 USD

1 AUD = 0.618 EUR

1 HKD = 0.127 USD

1 HKD = 0.113 EUR

Exchange rates and currency converter

HKD, USD, EUR to AUD – Australian Dollar Converter

🇺🇸 United States Dollar ($)

🇦🇺 Australian Dollar ($)

Australian Dollar exchange rates as of October 17, 2026: 1 USD = 1.44 AUD (1 AUD = 0.695 USD). 1 EUR = 1.62 AUD (1 AUD = 0.618 EUR).

Hong Kong Dollar exchange rates as of October 17, 2026: 1 USD = 7.85 HKD (1 HKD = 0.127 USD). 1 EUR = 8.82 HKD (1 HKD = 0.113 EUR).

USD to AUD in detail →

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Between locations

Frankston Hong Kong 7,460 km ≈ 10 h nonstop flight

From you

Frankston
Hong Kong

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Frankston vs Hong Kong: Cost of Living - Frequently Asked Questions

Yes – Hong Kong is pricier by about 26%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $3,541 per month in Frankston and $4,476 in Hong Kong. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Frankston, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Groceries cost about 37% more in Hong Kong, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $60.0 in Frankston and $65.0 in Hong Kong. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,500 monthly budget goes further in Frankston, where all-in costs run around $2,361, than in Hong Kong at $2,984. In Frankston it covers expenses comfortably, while in Hong Kong it requires careful planning or may not stretch far enough.

Families tend to lean toward Frankston – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Frankston. If higher salaries, better infrastructure, or specific career opportunities are the priority, Hong Kong makes more sense. Both are solid long-term options with distinct trade-offs.