Last update: Oct 2026

Cost of Living Comparison Between Hong Kong and Boryeong

For one person, living is cheaper in Boryeong: $1,491 a month against $3,028 in Hong Kong, rent and utilities included – about $18,400 less a year. Rent and utilities account for most of the difference.

Hong Kong, Hong Kong (China)
Boryeong, South Korea
Hong Kong
🇭🇰 Hong Kong (China)
$3,028
/mo nomad
Boryeong
🇰🇷 South Korea
$1,491
/mo nomad
Monthly Cost of Living

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

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

Monthly costs for one person with rent: $3,028 in Hong Kong versus $1,491 in Boryeong.

  • Hong Kong $3,028
  • Boryeong $1,491

Estimated couple costs with rent: $4,727 in Hong Kong versus $2,407 in Boryeong.

  • Hong Kong $4,727
  • Boryeong $2,407

Monthly costs for a family of three with rent: $6,426 in Hong Kong versus $3,324 in Boryeong.

  • Hong Kong $6,426
  • Boryeong $3,324

Living in Hong Kong is roughly 103% more expensive than in Boryeong, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Hong Kong 123% above, Boryeong 10% above.

Currency
🍽 Eating Out
Hong Kong
Boryeong
Difference
Meal at Budget Restaurant
$8.11 HK$63.6
$8.93 ₩11.8K
-9.18%
Three-Course Dinner for Two, Mid-Range
$62.9 HK$493
$68.1 ₩90.3K
-7.65%
Fast Food Meal (McDonalds, etc)
$6.33 HK$49.65
$7.32 ₩9,710
-13.52%
Cappuccino
$5.03 HK$39.44
$4.08 ₩5,408
23.28%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.27 HK$9.98
$1.56 ₩2,071
-18.59%
Water (0.33 liter bottle)
$1.08 HK$8.47
$0.75 ₩990
44.00%
Local Beer (0.5 liter draught)
$7.74 HK$60.7
$3.77 ₩5,002
105.31%
Imported Beer (0.33 liter bottle)
$6.55 HK$51.4
$5.85 ₩7,768
11.97%
🛒 Groceries & Markets
Hong Kong
Boryeong
Difference
Milk (1 liter)
$2.87 HK$22.51
$2.12 ₩2,812
35.38%
White Bread (500g)
$2.44 HK$19.11
$3.15 ₩4,178
-22.54%
Rice (white) (1kg)
$2.13 HK$16.69
$4.19 ₩5,556
-49.16%
Eggs
$3.43 HK$26.88
$3.53 ₩4,678
-2.83%
Local Cheese (1kg)
$24.73 HK$194
$17.85 ₩23.7K
38.54%
Chicken Fillets (1kg)
$8.86 HK$69.5
$10.63 ₩14.1K
-16.65%
Beef Round Steak (1kg)
$17.81 HK$140
$26.69 ₩35.4K
-33.27%
Apples (1kg)
$4.21 HK$32.99
$7.90 ₩10.5K
-46.71%
Banana (1kg)
$2.60 HK$20.36
$3.38 ₩4,491
-23.08%
Oranges (1kg)
$4.65 HK$36.51
$5.76 ₩7,643
-19.27%
Tomato (1kg)
$4.05 HK$31.80
$6.16 ₩8,172
-34.25%
Potato (1kg)
$3.18 HK$24.97
$3.68 ₩4,887
-13.59%
Onion (1kg)
$3.25 HK$25.46
$2.62 ₩3,478
24.05%
Lettuce (1 head)
$1.59 HK$12.47
$2.92 ₩3,880
-45.55%
Water (1.5 liter bottle)
$1.72 HK$13.50
$1.14 ₩1,514
50.88%
Cigarettes 20 Pack (Marlboro, Camel)
$13.27 HK$104
$3.48 ₩4,616
281.32%
Wine (Bottle)
$15.22 HK$119
$18.49 ₩24.5K
-17.69%
Local Beer (0.5 liter bottle)
$1.93 HK$15.17
$2.28 ₩3,024
-15.35%
Imported Beer (0.33 liter bottle)
$2.28 HK$17.91
$3.27 ₩4,337
-30.28%
🚌 Getting Around
Hong Kong
Boryeong
Difference
One-way Ticket (Public Transport)
$1.28 HK$10.05
$1.16 ₩1,540
10.34%
Public Transport Monthly Pass (Regular Price)
$88.0 HK$691
-
-
Taxi Start (Normal Tariff)
$3.75 HK$29.38
$3.65 ₩4,841
2.74%
Taxi (Normal Tariff) (1km)
$1.30 HK$10.23
$0.64 ₩853
103.13%
Taxi 1hour Waiting (Normal Tariff)
$15.92 HK$125
$8.75 ₩11.6K
81.94%
Gasoline (1 liter)
$4.05 HK$31.80
$1.45 ₩1,929
179.31%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$44.6K HK$349.5K
$29.2K ₩38.7M
52.61%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$37.5K HK$294.3K
$28.5K ₩37.9M
31.43%
🧾 Monthly Utilities & Internet
Hong Kong
Boryeong
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$242 HK$1,895
$212 ₩281.9K
13.69%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$15.72 HK$123
$35.99 ₩47.8K
-56.32%
Internet (50+ Mbps, Unlimited Data)
$21.12 HK$166
$20.61 ₩27.3K
2.47%
🎉 Sport & Entertainment
Hong Kong
Boryeong
Difference
Gym Membership (Monthly)
$99.8 HK$783
$54.2 ₩72.0K
83.94%
Tennis Court (1 Hour on Weekend)
$9.52 HK$74.7
$14.07 ₩18.7K
-32.34%
Cinema Ticket
$12.80 HK$100
$11.14 ₩14.8K
14.90%
🧸 Childcare & Education
Hong Kong
Boryeong
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,287 HK$10.1K
$379 ₩503.3K
239.15%
International Primary School, 1 Child (Yearly)
$22.0K HK$172.7K
$22.5K ₩29.8M
-2.01%
👕👟 Clothing & Footwear
Hong Kong
Boryeong
Difference
Jeans (Levis 501 Or Similar)
$66.7 HK$523
$58.5 ₩77.7K
13.94%
Summer Dress (H&M, Zara, etc)
$42.46 HK$333
$32.86 ₩43.6K
29.21%
Sport Shoes (Adidas, Nike)
$83.6 HK$655
$69.3 ₩92.0K
20.51%
Men's Leather Business Shoes
$122 HK$956
$84.1 ₩111.5K
45.08%
🏠 Accommodation & Living
Hong Kong
Boryeong
Difference
1-bedroom Apartment, City Center (Monthly)
$2,432 HK$19.1K
$489 ₩648.4K
397.59%
1-bedroom Apartment, Outside City Center (Monthly)
$1,764 HK$13.8K
$361 ₩479.2K
388.45%
3-bedroom Apartment, City Center (Monthly)
$5,347 HK$41.9K
$1,184 ₩1.6M
351.76%
3-bedroom Apartment, Outside City Center (Monthly)
$3,677 HK$28.8K
$758 ₩1.0M
385.04%
Buy Apartment in City Center (m2)
$28.4K HK$223.0K
$7,113 ₩9.4M
299.59%
Buy Apartment Outside City Center (m2)
$18.1K HK$141.8K
$5,616 ₩7.5M
221.89%
💵 Salaries & Financials
Hong Kong
Boryeong
Difference
Average Monthly Net Salary (After Tax)
$3,264 HK$25.6K
$1,484 ₩2.0M
119.90%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.79
4.08
-7.11%

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

Last update for Hong Kong: October 27, 2026

Last update for Boryeong: October 24, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Hong Kong
$1.8K
Boryeong
$361 79.5% $1.4K
Groceries & Markets
Hong Kong
$410
Boryeong
$481 17.1% $70
Monthly Utilities & Internet
Hong Kong
$278
Boryeong
$269 3.4% $9.3
Eating Out
Hong Kong
$205
Boryeong
$182 11.3% $23
Clothing & Footwear
Hong Kong
$142
Boryeong
$110 22.2% $31
Sport & Entertainment
Hong Kong
$125
Boryeong
$77 39% $49
Getting Around
Hong Kong
$103
Boryeong
$12 * 88.9% $92

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

Cost Breakdown

A one-bedroom apartment in the center runs $2,432 in Hong Kong and $489 in Boryeong. Housing cost is often the main lever when comparing two cities.

Hong Kong pays about 2.2 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $63 in Hong Kong vs $68 in Boryeong for a mid-range dinner for two. Groceries echo the gap at $410 vs $481 per month, with Hong Kong cheaper across the board.

Good to know
🇭🇰 Hong Kong
🇰🇷 Boryeong
🕒 Local time
18:03 6:03 PM
19:03 7:03 PM
1 h ahead of Hong Kong
🌤 Weather
👥 Population
1,367,900 Capital
103,620
💱 Currency
Exchange rates and currency converter

KRW, USD, EUR to HKD – Hong Kong Dollar Converter

Hong Kong Dollar exchange rates as of October 28, 2026: 1 USD = 7.84 HKD (1 HKD = 0.127 USD). 1 EUR = 8.73 HKD (1 HKD = 0.115 EUR).

South Korean Won exchange rates as of October 28, 2026: 1 USD = 1,327 KRW (10,000 KRW = 7.54 USD). 1 EUR = 1,477 KRW (10,000 KRW = 6.77 EUR).

On the map
Between locations
  • Hong Kong Boryeong 1,970 km ≈ 3 h nonstop flight
From you
  • Hong Kong
  • Boryeong

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
Hong Kong vs Boryeong: Cost of Living - Frequently Asked Questions
What is the total cost difference between living in Hong Kong and in Boryeong?
Hong Kong and Boryeong differ by about 103% in total monthly costs ($3,028 vs $1,491 including rent). Boryeong is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.
Which city pays better: Hong Kong or Boryeong?
Average pay in Hong Kong is about 2.2 times higher, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.
How do apartment prices compare in Hong Kong and in Boryeong?
Rent for a central apartment: $2,432 in Hong Kong versus $489 in Boryeong. Housing is usually the single largest factor when comparing overall living costs between the two.
What is the difference in childcare costs between Hong Kong and Boryeong?
Childcare runs $1,287 in Hong Kong versus $379 in Boryeong. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
Which city has cheaper restaurants?
Dining out is cheaper in Hong Kong – a meal for two runs $63 versus $68 in Boryeong. If you eat out regularly, this makes a real dent in your monthly spending.
Which city is more doable on $2,000 per month?
At $1,491 in Boryeong versus $3,028 in Hong Kong, a $2,000 budget is realistic in Boryeong but tight or insufficient in Hong Kong. The gap between the two cities makes Boryeong the clear choice for anyone on this budget.
How does quality of life compare between Hong Kong and Boryeong?
Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.
Is Hong Kong or Boryeong safer for residents?
Safety-wise, Hong Kong and Boryeong are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.
How do I decide between Hong Kong and Boryeong?
It comes down to priorities – Boryeong wins on affordability, Hong Kong on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.

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