Last update: Oct 2026

Cost of Living Comparison Between Gimcheon and Hong Kong

For one person, living is cheaper in Gimcheon: $1,319 a month against $2,984 in Hong Kong, rent and utilities included – about $20,000 less a year. Rent and utilities account for most of the difference.

64

Cost of Living Index in Gimcheon
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Gimcheon Living Index
144

Cost of Living Index in Hong Kong
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Hong Kong Living Index

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Gimcheon

🇰🇷 South Korea

$1,319

/mo nomad

Hong Kong

🇭🇰 Hong Kong (China)

$2,984

/mo nomad

Monthly Cost of Living

How much you'll spend in Gimcheon 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 Gimcheon and in Hong Kong actually costs, broken down by who's living it.

A single person spends $1,319 per month in Gimcheon vs $2,984 in Hong Kong, rent included.

Gimcheon $1,319
Hong Kong $2,984

A couple spends around $1,779 per month in Gimcheon vs $4,584 in Hong Kong, rent included.

Gimcheon $1,779
Hong Kong $4,584

A family of three spends $2,239 per month in Gimcheon vs $6,183 in Hong Kong, rent included.

Gimcheon $2,239
Hong Kong $6,183

Gimcheon is about 56% cheaper than Hong Kong, and outside of rent the biggest gap is in transport.

Gimcheon sits 2% below the global median, while Hong Kong is 121% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$6.09 ₩8,091

$7.75 HK$60.8

-21.42%

Three-Course Dinner for Two, Mid-Range

$34.04 ₩45.3K

$64.7 HK$508

-47.37%

Fast Food Meal (McDonalds, etc)

$6.71 ₩8,928

$6.18 HK$48.51

8.58%

Cappuccino

$3.70 ₩4,921

$5.08 HK$39.85

-27.17%

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

$1.61 ₩2,136

$1.31 HK$10.31

22.90%

Water (0.33 liter bottle)

$0.63 ₩842

$1.09 HK$8.56

-42.20%

Local Beer (0.5 liter draught)

$3.52 ₩4,683

$7.47 HK$58.6

-52.88%

Imported Beer (0.33 liter bottle)

$4.47 ₩5,939

$6.50 HK$51.0

-31.23%

Milk (1 liter)

$2.24 ₩2,975

$2.89 HK$22.71

-22.49%

White Bread (500g)

$3.21 ₩4,264

$2.31 HK$18.14

38.96%

Rice (white) (1kg)

$2.26 ₩3,010

$2.13 HK$16.71

6.10%

Eggs

$3.31 ₩4,401

$3.52 HK$27.65

-5.97%

Local Cheese (1kg)

$15.79 ₩21.0K

$24.72 HK$194

-36.12%

Chicken Fillets (1kg)

$7.71 ₩10.3K

$8.52 HK$66.9

-9.51%

Beef Round Steak (1kg)

$11.34 ₩15.1K

$18.00 HK$141

-37.00%

Apples (1kg)

$7.77 ₩10.3K

$4.18 HK$32.79

85.89%

Banana (1kg)

$3.24 ₩4,302

$2.68 HK$21.07

20.90%

Oranges (1kg)

$7.36 ₩9,792

$4.49 HK$35.22

63.92%

Tomato (1kg)

$6.78 ₩9,020

$4.03 HK$31.66

68.24%

Potato (1kg)

$3.56 ₩4,735

$3.12 HK$24.51

14.10%

Onion (1kg)

$2.41 ₩3,203

$3.15 HK$24.72

-23.49%

Lettuce (1 head)

$2.04 ₩2,712

$1.62 HK$12.75

25.93%

Water (1.5 liter bottle)

$1.48 ₩1,971

$1.74 HK$13.66

-14.94%

Cigarettes 20 Pack (Marlboro, Camel)

$3.44 ₩4,572

$13.50 HK$106

-74.52%

Wine (Bottle)

$18.48 ₩24.6K

$16.54 HK$130

11.73%

Local Beer (0.5 liter bottle)

$2.31 ₩3,071

$1.94 HK$15.19

19.07%

Imported Beer (0.33 liter bottle)

$2.18 HK$17.11

One-way Ticket (Public Transport)

$1.03 ₩1,367

$1.41 HK$11.04

-26.95%

Public Transport Monthly Pass (Regular Price)

$88.6 HK$696

Taxi Start (Normal Tariff)

$2.93 ₩3,895

$3.69 HK$28.94

-20.60%

Taxi (Normal Tariff) (1km)

$0.66 ₩877

$1.32 HK$10.36

-50.00%

Taxi 1hour Waiting (Normal Tariff)

$15.77 HK$124

Gasoline (1 liter)

$1.15 ₩1,525

$4.03 HK$31.65

-71.46%

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

$29.5K ₩39.2M

$44.7K HK$350.5K

-33.93%

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

$35.9K ₩47.8M

$37.8K HK$296.6K

-4.90%

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

$213 ₩283.8K

$250 HK$1,959

-14.49%

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

$44.15 ₩58.7K

$15.60 HK$122

183.01%

Internet (50+ Mbps, Unlimited Data)

$20.62 ₩27.4K

$21.77 HK$171

-5.28%

Gym Membership (Monthly)

$70.7 ₩93.9K

$94.2 HK$739

-24.97%

Tennis Court (1 Hour on Weekend)

$9.29 HK$72.9

Cinema Ticket

$11.36 ₩15.1K

$13.91 HK$109

-18.33%

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

$303 ₩403.1K

$1,162 HK$9,122

-73.92%

International Primary School, 1 Child (Yearly)

$17.7K ₩23.5M

$21.9K HK$171.6K

-19.10%

Jeans (Levis 501 Or Similar)

$66.7 ₩88.7K

$68.0 HK$534

-1.93%

Summer Dress (H&M, Zara, etc)

$64.2 ₩85.3K

$41.91 HK$329

53.07%

Sport Shoes (Adidas, Nike)

$74.1 ₩98.5K

$79.7 HK$626

-7.12%

Men's Leather Business Shoes

$98.6 ₩131.1K

$122 HK$956

-19.02%

1-bedroom Apartment, City Center (Monthly)

$296 ₩393.1K

$2,241 HK$17.6K

-86.81%

1-bedroom Apartment, Outside City Center (Monthly)

$244 ₩324.3K

$1,718 HK$13.5K

-85.80%

3-bedroom Apartment, City Center (Monthly)

$5,041 HK$39.6K

3-bedroom Apartment, Outside City Center (Monthly)

$3,435 HK$27.0K

Buy Apartment in City Center (m2)

$29.2K HK$229.0K

Buy Apartment Outside City Center (m2)

$17.6K HK$137.9K

Average Monthly Net Salary (After Tax)

$1,930 ₩2.6M

$3,271 HK$25.7K

-40.99%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.1

3.91

4.86%

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

Last update for Gimcheon: October 11, 2026

Last update for Hong Kong: October 10, 2026

Monthly budget structure

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

Groceries & Markets

Gimcheon

$408 * 30.9%

Hong Kong

$411 13.8% 0.6% $2.5

Monthly Utilities & Internet

Gimcheon

$278 21.1%

Hong Kong

$287 9.6% 3.1% $8.8

Accommodation & Living

Gimcheon

$244 18.5%

Hong Kong

$1.7K 57.6% 605% $1.5K

Eating Out

Gimcheon

$149 11.3%

Hong Kong

$201 6.8% 35.4% $53

Clothing & Footwear

Gimcheon

$137 10.4%

Hong Kong

$140 4.7% 2.6% $3.6

Sport & Entertainment

Gimcheon

$93 7.1%

Hong Kong

$122 4.1% 30.6% $29

Getting Around

Gimcheon

$10 * 0.8%

Hong Kong

$105 3.5% 911% $94

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $296 in Gimcheon 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 69% higher in Hong Kong, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $34.00 in Gimcheon versus $65.0 in Hong Kong. Monthly groceries follow the same trend: $408 vs $411 – making Gimcheon the more affordable choice for daily food spending.

Good to know

🇰🇷 Gimcheon

🇭🇰 Hong Kong

🕒 Local time

05:04 5:04 AM

04:04 4:04 AM

1 h behind Gimcheon

🌤 Weather

👥 Population

143,056

1,367,900 Capital

💱 Currency

South Korean Won KRW ₩

Hong Kong Dollar HKD $

📈 Exchange rate

10,000 KRW = 7.52 USD

10,000 KRW = 6.69 EUR

1 HKD = 0.127 USD

1 HKD = 0.113 EUR

Exchange rates and currency converter

HKD, USD, EUR to KRW – South Korean Won Converter

🇺🇸 United States Dollar ($)

🇰🇷 South Korean Won (₩)

South Korean Won exchange rates as of October 17, 2026: 1 USD = 1,330 KRW (10,000 KRW = 7.52 USD). 1 EUR = 1,495 KRW (10,000 KRW = 6.69 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 KRW in detail →

On the map

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Between locations

Gimcheon Hong Kong 2,050 km ≈ 3 h nonstop flight

From you

Gimcheon
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

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

Yes – Hong Kong is pricier by about 126%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $1,979 per month in Gimcheon 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 Gimcheon, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $1,319 in Gimcheon and $2,984 in Hong Kong. That's a gap of about 126%.

Kindergarten costs $303 per month in Gimcheon and $1,162 in Hong Kong. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,500 monthly budget goes further in Gimcheon, where all-in costs run around $1,319, than in Hong Kong at $2,984. In Gimcheon it covers expenses comfortably, while in Hong Kong it requires careful planning or may not stretch far enough.

Families tend to lean toward Gimcheon – 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 Gimcheon. 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.