Last update: Oct 2026

Cost of Living Comparison Between Hong Kong and Magadan

For one person, living is cheaper in Magadan: $1,005 a month against $2,984 in Hong Kong, rent and utilities included – about $23,700 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
50

Cost of Living Index in Magadan
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Magadan Living Index

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Hong Kong

🇭🇰 Hong Kong (China)

$2,984

/mo nomad

Magadan

🇷🇺 Russia

$1,005

/mo nomad

Monthly Cost of Living

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

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

A single person spends $2,984 per month in Hong Kong vs $1,005 in Magadan, rent included.

Hong Kong $2,984
Magadan $1,005

A couple spends around $4,558 per month in Hong Kong vs $1,585 in Magadan, rent included.

Hong Kong $4,558
Magadan $1,585

A family of three spends $6,132 per month in Hong Kong vs $2,164 in Magadan, rent included.

Hong Kong $6,132
Magadan $2,164

Hong Kong costs about 197% more than Magadan, and outside of rent the biggest gap is in groceries.

Hong Kong sits 123% above the global median, while Magadan is 25% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.46 HK$66.4

$11.46 ₽975

-26.18%

Three-Course Dinner for Two, Mid-Range

$63.2 HK$496

$36.52 ₽3,107

72.97%

Fast Food Meal (McDonalds, etc)

$6.20 HK$48.66

$6.39 ₽544

-2.97%

Cappuccino

$4.90 HK$38.41

$2.77 ₽236

76.90%

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

$1.27 HK$10.01

$1.11 ₽94.3

14.41%

Water (0.33 liter bottle)

$1.06 HK$8.31

$0.57 ₽48.15

85.96%

Local Beer (0.5 liter draught)

$7.68 HK$60.3

$1.68 ₽143

357.14%

Imported Beer (0.33 liter bottle)

$6.28 HK$49.24

$3.02 ₽257

107.95%

Milk (1 liter)

$2.86 HK$22.45

$1.10 ₽93.3

160.00%

White Bread (500g)

$2.43 HK$19.10

$0.72 ₽61.2

237.50%

Rice (white) (1kg)

$2.18 HK$17.09

$1.16 ₽98.5

87.93%

Eggs

$3.54 HK$27.80

$1.51 ₽128

134.44%

Local Cheese (1kg)

$25.12 HK$197

$10.97 ₽933

128.99%

Chicken Fillets (1kg)

$8.89 HK$69.8

$5.26 ₽447

69.01%

Beef Round Steak (1kg)

$17.63 HK$138

$12.84 ₽1,092

37.31%

Apples (1kg)

$4.11 HK$32.22

$1.68 ₽143

144.64%

Banana (1kg)

$2.72 HK$21.32

$1.80 ₽153

51.11%

Oranges (1kg)

$4.59 HK$36.05

$1.69 ₽144

171.60%

Tomato (1kg)

$4.02 HK$31.52

$2.36 ₽201

70.34%

Potato (1kg)

$3.25 HK$25.50

$0.79 ₽67.4

311.39%

Onion (1kg)

$3.27 HK$25.70

$0.59 ₽50.3

454.24%

Lettuce (1 head)

$1.60 HK$12.54

$1.47 ₽125

8.84%

Water (1.5 liter bottle)

$1.73 HK$13.56

$0.66 ₽56.1

162.12%

Cigarettes 20 Pack (Marlboro, Camel)

$13.14 HK$103

$2.66 ₽226

393.98%

Wine (Bottle)

$16.59 HK$130

$6.64 ₽565

149.85%

Local Beer (0.5 liter bottle)

$2.01 HK$15.80

$1.03 ₽87.8

95.15%

Imported Beer (0.33 liter bottle)

$2.18 HK$17.13

$2.00 ₽170

9.00%

One-way Ticket (Public Transport)

$1.44 HK$11.31

$0.52 ₽44.54

176.92%

Public Transport Monthly Pass (Regular Price)

$89.1 HK$699

Taxi Start (Normal Tariff)

$3.64 HK$28.53

$2.31 ₽197

57.58%

Taxi (Normal Tariff) (1km)

$1.31 HK$10.29

$0.36 ₽30.42

263.89%

Taxi 1hour Waiting (Normal Tariff)

$15.82 HK$124

$5.02 ₽427

215.14%

Gasoline (1 liter)

$4.06 HK$31.89

$0.86 ₽73.4

372.09%

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

$44.4K HK$348.2K

$34.8K ₽3.0M

27.60%

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

$37.4K HK$293.2K

$32.1K ₽2.7M

16.58%

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

$247 HK$1,942

$108 ₽9,180

129.36%

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

$15.89 HK$125

$5.71 ₽486

178.28%

Internet (50+ Mbps, Unlimited Data)

$21.46 HK$168

$7.40 ₽630

190.00%

Gym Membership (Monthly)

$91.4 HK$717

$34.01 ₽2,894

168.66%

Tennis Court (1 Hour on Weekend)

$9.08 HK$71.3

$22.93 ₽1,951

-60.40%

Cinema Ticket

$13.96 HK$110

$6.18 ₽526

125.89%

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

$1,155 HK$9,067

$389 ₽33.1K

197.05%

International Primary School, 1 Child (Yearly)

$22.3K HK$174.6K

$7,208 ₽613.3K

208.70%

Jeans (Levis 501 Or Similar)

$68.9 HK$541

$70.7 ₽6,014

-2.52%

Summer Dress (H&M, Zara, etc)

$40.44 HK$317

$49.87 ₽4,243

-18.91%

Sport Shoes (Adidas, Nike)

$79.9 HK$627

$130 ₽11.1K

-38.57%

Men's Leather Business Shoes

$118 HK$923

$114 ₽9,684

3.35%

1-bedroom Apartment, City Center (Monthly)

$2,180 HK$17.1K

$433 ₽36.9K

403.18%

1-bedroom Apartment, Outside City Center (Monthly)

$1,718 HK$13.5K

$299 ₽25.5K

473.76%

3-bedroom Apartment, City Center (Monthly)

$5,047 HK$39.6K

$840 ₽71.5K

500.98%

3-bedroom Apartment, Outside City Center (Monthly)

$3,543 HK$27.8K

$573 ₽48.7K

518.55%

Buy Apartment in City Center (m2)

$29.1K HK$228.7K

$1,927 ₽164.0K

1412.68%

Buy Apartment Outside City Center (m2)

$17.6K HK$137.9K

$1,333 ₽113.5K

1217.69%

Average Monthly Net Salary (After Tax)

$3,228 HK$25.3K

20-Year Fixed Mortgage Interest Rate (Annual %)

3.91

21.33

-81.67%

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

Last update for Hong Kong: October 4, 2026

Last update for Magadan: October 6, 2026

Monthly budget structure

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

Accommodation & Living

Hong Kong

$1.7K 57.5%

Magadan

$299 29.8% 82.6% $1.4K

Groceries & Markets

Hong Kong

$415 13.9%

Magadan

$204 20.3% 50.8% $211

Monthly Utilities & Internet

Hong Kong

$285 9.5%

Magadan

$121 12% 57.5% $164

Eating Out

Hong Kong

$205 6.9%

Magadan

$165 16.4% 19.5% $40

Clothing & Footwear

Hong Kong

$138 4.6%

Magadan

$164 16.3% 18.8% $26

Sport & Entertainment

Hong Kong

$119 4%

Magadan

$46 4.6% 61.1% $73

Getting Around

Hong Kong

$105 3.5%

Magadan

$6.2 * 0.6% 94.1% $99

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

Cost Breakdown

A central one-bedroom costs $2,180 in Hong Kong versus $433 in Magadan. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $63.0 in Hong Kong versus $37.00 in Magadan. Monthly groceries follow the same trend: $415 vs $204 – making Magadan the more affordable choice for daily food spending.

Good to know

🇭🇰 Hong Kong

🇷🇺 Magadan

🕒 Local time

18:45 6:45 PM

21:45 9:45 PM

3 h ahead of Hong Kong

🌤 Weather

👥 Population

1,367,900 Capital

89,193

💱 Currency

Hong Kong Dollar HKD $

Russian Ruble RUB ₽

📈 Exchange rate

1 HKD = 0.127 USD

1 HKD = 0.114 EUR

100 RUB = 1.18 USD

100 RUB = 1.05 EUR

Exchange rates and currency converter

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

🇺🇸 United States Dollar ($)

🇭🇰 Hong Kong Dollar ($)

Hong Kong Dollar exchange rates as of October 10, 2026: 1 USD = 7.85 HKD (1 HKD = 0.127 USD). 1 EUR = 8.79 HKD (1 HKD = 0.114 EUR).

Russian Ruble exchange rates as of October 10, 2026: 1 USD = 85.09 RUB (100 RUB = 1.18 USD). 1 EUR = 95.35 RUB (100 RUB = 1.05 EUR).

USD to HKD in detail →

On the map

Lowest

Highest

Between locations

Hong Kong Magadan 5,040 km ≈ 7 h nonstop flight

From you

Hong Kong
Magadan

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 Magadan: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,984 in Hong Kong, $1,005 in Magadan – roughly 197% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $4,476 per month in Hong Kong and $1,507 in Magadan. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

A mid-range dinner for two costs $63.0 in Hong Kong and $37.00 in Magadan. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 103% 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 $1,000 monthly budget goes further in Magadan, where all-in costs run around $1,005, than in Hong Kong at $2,984. In Magadan 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 $1,005 in Magadan to $2,984 in Hong Kong. Climate, culture, job market, and personal taste all factor in.

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 Magadan. 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.