Last update: Oct 2026

Cost of Living Comparison Between Hong Kong and Ipswich, Australia

Name: Ipswich
Address: Ipswich, AU

For one person, living is cheaper in Ipswich: $2,055 a month against $3,028 in Hong Kong, rent and utilities included – about $11,700 less a year. Rent and utilities account for most of the difference.

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Cost of Living Index in Hong Kong
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Hong Kong Living Index

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Hong Kong

🇭🇰 Hong Kong (China)

$3,028

/mo nomad

Ipswich

🇦🇺 Australia

$2,055

/mo nomad

Monthly Cost of Living

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

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

A single person spends $3,028 per month in Hong Kong vs $2,055 in Ipswich, rent included.

Hong Kong $3,028
Ipswich $2,055

A couple spends around $4,727 per month in Hong Kong vs $2,914 in Ipswich, rent included.

Hong Kong $4,727
Ipswich $2,914

A family of three spends $6,426 per month in Hong Kong vs $3,773 in Ipswich, rent included.

Hong Kong $6,426
Ipswich $3,773

Hong Kong costs about 47% more than Ipswich, and outside of rent the biggest gap is in leisure.

Both Hong Kong and Ipswich sit above the global median – Hong Kong by 123%, Ipswich by 51%.

Meal at Budget Restaurant

$8.11 HK$63.6

$32.17 A$45.57

-74.79%

Three-Course Dinner for Two, Mid-Range

$62.9 HK$493

$75.7 A$107

-16.89%

Fast Food Meal (McDonalds, etc)

$6.33 HK$49.65

$10.05 A$14.24

-37.01%

Cappuccino

$5.03 HK$39.44

$4.60 A$6.51

9.35%

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

$1.27 HK$9.98

$3.76 A$5.33

-66.22%

Water (0.33 liter bottle)

$1.08 HK$8.47

$2.43 A$3.44

-55.56%

Local Beer (0.5 liter draught)

$7.74 HK$60.7

$9.24 A$13.09

-16.23%

Imported Beer (0.33 liter bottle)

$6.55 HK$51.4

$7.67 A$10.87

-14.60%

Milk (1 liter)

$2.87 HK$22.51

$2.49 A$3.53

15.26%

White Bread (500g)

$2.44 HK$19.11

$2.41 A$3.41

1.24%

Rice (white) (1kg)

$2.13 HK$16.69

$2.26 A$3.20

-5.75%

Eggs

$3.43 HK$26.88

$7.19 A$10.18

-52.29%

Local Cheese (1kg)

$24.73 HK$194

$7.19 A$10.19

243.95%

Chicken Fillets (1kg)

$8.86 HK$69.5

$8.65 A$12.25

2.43%

Beef Round Steak (1kg)

$17.81 HK$140

$13.77 A$19.50

29.34%

Apples (1kg)

$4.21 HK$32.99

$3.33 A$4.72

26.43%

Banana (1kg)

$2.60 HK$20.36

$2.70 A$3.82

-3.70%

Oranges (1kg)

$4.65 HK$36.51

$2.75 A$3.89

69.09%

Tomato (1kg)

$4.05 HK$31.80

$3.79 A$5.37

6.86%

Potato (1kg)

$3.18 HK$24.97

$2.00 A$2.83

59.00%

Onion (1kg)

$3.25 HK$25.46

$2.06 A$2.92

57.77%

Lettuce (1 head)

$1.59 HK$12.47

$2.44 A$3.45

-34.84%

Water (1.5 liter bottle)

$1.72 HK$13.50

$1.70 A$2.41

1.18%

Cigarettes 20 Pack (Marlboro, Camel)

$13.27 HK$104

$44.66 A$63.3

-70.29%

Wine (Bottle)

$15.22 HK$119

$21.65 A$30.68

-29.70%

Local Beer (0.5 liter bottle)

$1.93 HK$15.18

$6.39 A$9.05

-69.80%

Imported Beer (0.33 liter bottle)

$2.28 HK$17.91

$7.16 A$10.15

-68.16%

One-way Ticket (Public Transport)

$1.28 HK$10.05

$0.34 A$0.48

276.47%

Public Transport Monthly Pass (Regular Price)

$88.0 HK$691

Taxi Start (Normal Tariff)

$3.75 HK$29.38

$2.19 A$3.10

71.23%

Taxi (Normal Tariff) (1km)

$1.30 HK$10.23

$1.64 A$2.33

-20.73%

Taxi 1hour Waiting (Normal Tariff)

$15.92 HK$125

$35.81 A$50.7

-55.54%

Gasoline (1 liter)

$4.05 HK$31.80

$1.42 A$2.01

185.21%

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

$44.6K HK$349.5K

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

$37.5K HK$294.3K

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

$242 HK$1,895

$91.8 A$130

163.21%

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

$15.72 HK$123

$31.51 A$44.64

-50.11%

Internet (50+ Mbps, Unlimited Data)

$21.12 HK$166

$62.6 A$88.7

-66.27%

Gym Membership (Monthly)

$99.8 HK$783

$17.21 A$24.37

479.72%

Tennis Court (1 Hour on Weekend)

$9.52 HK$74.7

Cinema Ticket

$12.80 HK$100

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

$1,287 HK$10.1K

International Primary School, 1 Child (Yearly)

$22.0K HK$172.7K

Jeans (Levis 501 Or Similar)

$66.7 HK$523

Summer Dress (H&M, Zara, etc)

$42.46 HK$333

Sport Shoes (Adidas, Nike)

$83.6 HK$655

Men's Leather Business Shoes

$122 HK$957

1-bedroom Apartment, City Center (Monthly)

$2,432 HK$19.1K

$1,045 A$1,480

132.77%

1-bedroom Apartment, Outside City Center (Monthly)

$1,764 HK$13.8K

$1,025 A$1,452

72.05%

3-bedroom Apartment, City Center (Monthly)

$5,347 HK$41.9K

$1,403 A$1,987

281.25%

3-bedroom Apartment, Outside City Center (Monthly)

$3,677 HK$28.8K

$1,381 A$1,956

166.29%

Buy Apartment in City Center (m2)

$28.4K HK$223.0K

Buy Apartment Outside City Center (m2)

$18.1K HK$141.8K

Average Monthly Net Salary (After Tax)

$3,264 HK$25.6K

$4,151 A$5,880

-21.36%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.79

5.98

-36.62%

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

Last update for Hong Kong: October 27, 2026

Last update for Ipswich: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Hong Kong

$1.8K 58.2%

Ipswich

–

Groceries & Markets

Hong Kong

$410 13.6%

Ipswich

–

Monthly Utilities & Internet

Hong Kong

$278 9.2%

Ipswich

–

Eating Out

Hong Kong

$205 6.8%

Ipswich

–

Clothing & Footwear

Hong Kong

$142 4.7%

Ipswich

–

Sport & Entertainment

Hong Kong

$125 4.1%

Ipswich

–

Getting Around

Hong Kong

$103 3.4%

Ipswich

–

Cost Breakdown

A central one-bedroom costs $2,432 in Hong Kong versus $1,045 in Ipswich. 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 27% higher in Ipswich, 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 $63 in Hong Kong versus $76 in Ipswich. Groceries tell a different story – $410 in Hong Kong vs $386 in Ipswich – so Ipswich wins on supermarket bills even if dining out costs more.

Good to know

🇭🇰 Hong Kong

🇦🇺 Ipswich

🕒 Local time

17:00 5:00 PM

19:00 7:00 PM

2 h ahead of Hong Kong

🌤 Weather

👥 Population

1,367,900 Capital

229,208

💱 Currency

Hong Kong Dollar HKD $

Australian Dollar AUD $

📈 Exchange rate

1 HKD = 0.127 USD

1 HKD = 0.114 EUR

1 AUD = 0.706 USD

1 AUD = 0.633 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 29, 2026: 1 USD = 7.84 HKD (1 HKD = 0.127 USD). 1 EUR = 8.75 HKD (1 HKD = 0.114 EUR).

Australian Dollar exchange rates as of October 29, 2026: 1 USD = 1.42 AUD (1 AUD = 0.706 USD). 1 EUR = 1.58 AUD (1 AUD = 0.633 EUR).

USD to HKD in detail →

On the map

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Hong Kong Ipswich 6,930 km ≈ 9 h nonstop flight

From you

Hong Kong
Ipswich

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 Ipswich: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $3,028 in Hong Kong, $2,055 in Ipswich – Ipswich comes out roughly 32% cheaper. Outside of rent, the biggest gap is in clothing.

For a comfortable life, plan on about $4,543 per month in Hong Kong and $3,082 in Ipswich. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Ipswich, especially for central apartments: a one-bedroom in the center costs $1,045 there versus $2,432 in Hong Kong.

A mid-range dinner for two costs $63 in Hong Kong and $76 in Ipswich. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $3,028 in Hong Kong and $2,055 in Ipswich. That makes Ipswich about 32% cheaper.

A $2,500 monthly budget goes further in Ipswich, where all-in costs run around $2,055, than in Hong Kong at $3,028. In Ipswich it covers expenses comfortably, while in Hong Kong it requires careful planning or may not stretch far enough.

It depends on your priorities. Hong Kong has an edge in some lifestyle areas, with costs from $2,055 in Ipswich to $3,028 in Hong Kong. Climate, culture, job market, and personal taste all factor in.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.