Last update: Oct 2026

Cost of Living Comparison Between Hong Kong and Frankston

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.

144

Cost of Living Index in Hong Kong
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Hong Kong Living Index
115

Cost of Living Index in Frankston
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Frankston Living Index

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Hong Kong

🇭🇰 Hong Kong (China)

$2,984

/mo nomad

Frankston

🇦🇺 Australia

$2,361

/mo nomad

Monthly Cost of Living

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

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 Frankston actually costs, broken down by who's living it.

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

Hong Kong $2,984
Frankston $2,361

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

Hong Kong $4,584
Frankston $3,320

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

Hong Kong $6,183
Frankston $4,278

Hong Kong costs about 26% more than Frankston, and outside of rent the biggest gap is in groceries.

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

Meal at Budget Restaurant

$7.75 HK$60.8

$14.79 A$21.28

-47.60%

Three-Course Dinner for Two, Mid-Range

$64.7 HK$508

$60.0 A$86.4

7.75%

Fast Food Meal (McDonalds, etc)

$6.18 HK$48.51

$10.24 A$14.74

-39.65%

Cappuccino

$5.08 HK$39.85

$2.74 A$3.95

85.40%

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

$1.31 HK$10.31

$3.05 A$4.38

-57.05%

Water (0.33 liter bottle)

$1.09 HK$8.56

$2.11 A$3.03

-48.34%

Local Beer (0.5 liter draught)

$7.47 HK$58.6

$9.51 A$13.69

-21.45%

Imported Beer (0.33 liter bottle)

$6.50 HK$51.0

$6.99 A$10.06

-7.01%

Milk (1 liter)

$2.89 HK$22.71

$1.56 A$2.25

85.26%

White Bread (500g)

$2.31 HK$18.14

$2.55 A$3.68

-9.41%

Rice (white) (1kg)

$2.13 HK$16.71

$2.10 A$3.02

1.43%

Eggs

$3.52 HK$27.65

$3.79 A$5.45

-7.12%

Local Cheese (1kg)

$24.72 HK$194

$10.53 A$15.15

134.76%

Chicken Fillets (1kg)

$8.52 HK$66.9

$9.66 A$13.91

-11.80%

Beef Round Steak (1kg)

$18.00 HK$141

$7.85 A$11.30

129.30%

Apples (1kg)

$4.18 HK$32.79

$2.62 A$3.77

59.54%

Banana (1kg)

$2.68 HK$21.07

$3.01 A$4.33

-10.96%

Oranges (1kg)

$4.49 HK$35.22

$2.72 A$3.91

65.07%

Tomato (1kg)

$4.03 HK$31.66

$2.81 A$4.04

43.42%

Potato (1kg)

$3.12 HK$24.51

$2.99 A$4.30

4.35%

Onion (1kg)

$3.15 HK$24.72

$2.53 A$3.64

24.51%

Lettuce (1 head)

$1.62 HK$12.75

$2.39 A$3.44

-32.22%

Water (1.5 liter bottle)

$1.74 HK$13.66

$1.40 A$2.02

24.29%

Cigarettes 20 Pack (Marlboro, Camel)

$13.50 HK$106

$42.29 A$60.9

-68.08%

Wine (Bottle)

$16.54 HK$130

$6.19 A$8.90

167.21%

Local Beer (0.5 liter bottle)

$1.94 HK$15.19

$3.09 A$4.45

-37.22%

Imported Beer (0.33 liter bottle)

$2.18 HK$17.11

$4.11 A$5.91

-46.96%

One-way Ticket (Public Transport)

$1.41 HK$11.04

$3.41 A$4.91

-58.65%

Public Transport Monthly Pass (Regular Price)

$88.6 HK$696

$81.5 A$117

8.80%

Taxi Start (Normal Tariff)

$3.69 HK$28.94

$4.46 A$6.42

-17.26%

Taxi (Normal Tariff) (1km)

$1.32 HK$10.36

$1.37 A$1.97

-3.65%

Taxi 1hour Waiting (Normal Tariff)

$15.77 HK$124

$30.40 A$43.74

-48.13%

Gasoline (1 liter)

$4.03 HK$31.65

$1.20 A$1.73

235.83%

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

$44.7K HK$350.5K

$28.7K A$41.3K

55.52%

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

$37.8K HK$296.6K

$26.2K A$37.7K

44.29%

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

$250 HK$1,959

$228 A$328

9.35%

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

$15.60 HK$122

$10.55 A$15.18

47.87%

Internet (50+ Mbps, Unlimited Data)

$21.77 HK$171

$55.0 A$79.1

-60.39%

Gym Membership (Monthly)

$94.2 HK$739

$55.0 A$79.2

71.22%

Tennis Court (1 Hour on Weekend)

$9.29 HK$72.9

$17.90 A$25.76

-48.10%

Cinema Ticket

$13.91 HK$109

$15.52 A$22.34

-10.37%

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

$1,162 HK$9,122

$2,391 A$3,441

-51.39%

International Primary School, 1 Child (Yearly)

$21.9K HK$171.6K

$30.0K A$43.2K

-27.17%

Jeans (Levis 501 Or Similar)

$68.0 HK$534

$79.0 A$114

-13.95%

Summer Dress (H&M, Zara, etc)

$41.91 HK$329

$49.82 A$71.7

-15.88%

Sport Shoes (Adidas, Nike)

$79.7 HK$626

$85.9 A$124

-7.16%

Men's Leather Business Shoes

$122 HK$956

$48.85 A$70.3

149.25%

1-bedroom Apartment, City Center (Monthly)

$2,241 HK$17.6K

$1,374 A$1,978

63.06%

1-bedroom Apartment, Outside City Center (Monthly)

$1,718 HK$13.5K

$1,191 A$1,714

44.24%

3-bedroom Apartment, City Center (Monthly)

$5,041 HK$39.6K

$2,167 A$3,118

132.64%

3-bedroom Apartment, Outside City Center (Monthly)

$3,435 HK$27.0K

$1,792 A$2,578

91.69%

Buy Apartment in City Center (m2)

$29.2K HK$229.0K

$6,300 A$9,066

363.14%

Buy Apartment Outside City Center (m2)

$17.6K HK$137.9K

$5,043 A$7,257

248.42%

Average Monthly Net Salary (After Tax)

$3,271 HK$25.7K

$4,335 A$6,237

-24.53%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.91

5.9

-33.73%

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

Last update for Hong Kong: October 10, 2026

Last update for Frankston: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Hong Kong

$1.7K 57.6%

Frankston

$1.2K 50.5% 30.7% $527

Groceries & Markets

Hong Kong

$411 13.8%

Frankston

$301 12.7% 26.8% $110

Monthly Utilities & Internet

Hong Kong

$287 9.6%

Frankston

$294 12.4% 2.4% $6.8

Eating Out

Hong Kong

$201 6.8%

Frankston

$264 11.2% 31.1% $63

Clothing & Footwear

Hong Kong

$140 4.7%

Frankston

$119 5% 15.4% $22

Sport & Entertainment

Hong Kong

$122 4.1%

Frankston

$86 3.6% 29.5% $36

Getting Around

Hong Kong

$105 3.5%

Frankston

$106 4.5% 1.8% $1.9

Cost Breakdown

A central one-bedroom costs $2,241 in Hong Kong versus $1,374 in Frankston. 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 $65.0 in Hong Kong versus $60.0 in Frankston. Monthly groceries follow the same trend: $411 vs $301 – making Frankston the more affordable choice for daily food spending.

Good to know

🇭🇰 Hong Kong

🇦🇺 Frankston

🕒 Local time

06:59 6:59 AM

09:59 9:59 AM

3 h ahead of Hong Kong

🌤 Weather

👥 Population

1,367,900 Capital

37,331

💱 Currency

Hong Kong Dollar HKD $

Australian Dollar AUD $

📈 Exchange rate

1 HKD = 0.127 USD

1 HKD = 0.113 EUR

1 AUD = 0.695 USD

1 AUD = 0.618 EUR

Exchange rates and currency converter

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

🇺🇸 United States Dollar ($)

🇭🇰 Hong Kong Dollar ($)

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).

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).

USD to HKD in detail →

On the map

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Between locations

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

From you

Hong Kong
Frankston

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 Frankston: 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 $4,476 per month in Hong Kong and $3,541 in Frankston. 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 $65.0 in Hong Kong and $60.0 in Frankston. 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.