Last update: Oct 2026

Cost of Living Comparison Between Hong Kong and Magdeburg

For one person, living is cheaper in Magdeburg: $1,872 a month against $3,028 in Hong Kong, rent and utilities included – about $13,900 less a year. Rent and utilities account for most of the difference.

147

Cost of Living Index in Hong Kong
Learn more

Hong Kong Living Index
90

Cost of Living Index in Magdeburg
Learn more

Magdeburg Living Index

Jump to prices

Hong Kong

🇭🇰 Hong Kong (China)

$3,028

/mo nomad

Magdeburg

🇩🇪 Germany

$1,872

/mo nomad

Monthly Cost of Living

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

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

A single person spends $3,028 per month in Hong Kong vs $1,872 in Magdeburg, rent included.

Hong Kong $3,028
Magdeburg $1,872

A couple spends around $4,727 per month in Hong Kong vs $2,769 in Magdeburg, rent included.

Hong Kong $4,727
Magdeburg $2,769

A family of three spends $6,426 per month in Hong Kong vs $3,665 in Magdeburg, rent included.

Hong Kong $6,426
Magdeburg $3,665

Hong Kong costs about 62% more than Magdeburg, and outside of rent the biggest gap is in groceries.

Both Hong Kong and Magdeburg sit above the global median – Hong Kong by 123%, Magdeburg by 38%.

Meal at Budget Restaurant

$8.11 HK$63.6

$13.05 €11.64

-37.85%

Three-Course Dinner for Two, Mid-Range

$62.9 HK$493

$66.2 €59.1

-5.09%

Fast Food Meal (McDonalds, etc)

$6.33 HK$49.66

$11.37 €10.14

-44.33%

Cappuccino

$5.03 HK$39.45

$3.12 €2.78

61.22%

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

$1.27 HK$9.98

$3.66 €3.27

-65.30%

Water (0.33 liter bottle)

$1.08 HK$8.47

$2.99 €2.67

-63.88%

Local Beer (0.5 liter draught)

$7.74 HK$60.7

$4.41 €3.94

75.51%

Imported Beer (0.33 liter bottle)

$6.55 HK$51.4

$4.43 €3.95

47.86%

Milk (1 liter)

$2.87 HK$22.51

$1.40 €1.25

105.00%

White Bread (500g)

$2.44 HK$19.11

$2.06 €1.84

18.45%

Rice (white) (1kg)

$2.13 HK$16.69

$3.96 €3.53

-46.21%

Eggs

$3.43 HK$26.89

$3.85 €3.43

-10.91%

Local Cheese (1kg)

$24.73 HK$194

$14.55 €12.98

69.97%

Chicken Fillets (1kg)

$8.86 HK$69.5

$10.88 €9.70

-18.57%

Beef Round Steak (1kg)

$17.81 HK$140

$23.84 €21.27

-25.29%

Apples (1kg)

$4.21 HK$33.00

$3.25 €2.90

29.54%

Banana (1kg)

$2.60 HK$20.36

$2.14 €1.91

21.50%

Oranges (1kg)

$4.65 HK$36.52

$2.04 €1.82

127.94%

Tomato (1kg)

$4.05 HK$31.81

$4.34 €3.88

-6.68%

Potato (1kg)

$3.18 HK$24.97

$1.40 €1.25

127.14%

Onion (1kg)

$3.25 HK$25.46

$1.08 €0.96

200.93%

Lettuce (1 head)

$1.59 HK$12.47

$1.44 €1.28

10.42%

Water (1.5 liter bottle)

$1.72 HK$13.50

$1.61 €1.44

6.83%

Cigarettes 20 Pack (Marlboro, Camel)

$13.27 HK$104

$9.76 €8.71

35.96%

Wine (Bottle)

$15.22 HK$119

$5.64 €5.03

169.86%

Local Beer (0.5 liter bottle)

$1.93 HK$15.18

$1.22 €1.09

58.20%

Imported Beer (0.33 liter bottle)

$2.28 HK$17.92

$1.71 €1.53

33.33%

One-way Ticket (Public Transport)

$1.28 HK$10.05

$3.36 €3.00

-61.90%

Public Transport Monthly Pass (Regular Price)

$88.0 HK$691

$71.5 €63.8

23.20%

Taxi Start (Normal Tariff)

$3.75 HK$29.38

$11.38 €10.15

-67.05%

Taxi (Normal Tariff) (1km)

$1.30 HK$10.23

$2.76 €2.47

-52.90%

Taxi 1hour Waiting (Normal Tariff)

$15.92 HK$125

$11.12 €9.92

43.17%

Gasoline (1 liter)

$4.05 HK$31.80

$2.09 €1.86

93.78%

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

$44.6K HK$349.5K

$33.3K €29.7K

33.86%

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

$37.5K HK$294.4K

$38.5K €34.3K

-2.54%

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

$242 HK$1,895

$431 €384

-43.92%

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

$15.72 HK$123

$25.89 €23.10

-39.28%

Internet (50+ Mbps, Unlimited Data)

$21.12 HK$166

$38.07 €33.97

-44.52%

Gym Membership (Monthly)

$99.8 HK$783

$38.13 €34.02

161.66%

Tennis Court (1 Hour on Weekend)

$9.52 HK$74.7

$31.92 €28.48

-70.18%

Cinema Ticket

$12.80 HK$100

$13.82 €12.33

-7.38%

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

$1,287 HK$10.1K

$226 €202

468.03%

International Primary School, 1 Child (Yearly)

$22.0K HK$172.7K

Jeans (Levis 501 Or Similar)

$66.7 HK$523

$89.5 €79.9

-25.51%

Summer Dress (H&M, Zara, etc)

$42.46 HK$333

$33.51 €29.90

26.71%

Sport Shoes (Adidas, Nike)

$83.6 HK$656

$107 €95.5

-21.91%

Men's Leather Business Shoes

$122 HK$957

$166 €148

-26.63%

1-bedroom Apartment, City Center (Monthly)

$2,432 HK$19.1K

$607 €542

300.43%

1-bedroom Apartment, Outside City Center (Monthly)

$1,764 HK$13.8K

$443 €396

297.81%

3-bedroom Apartment, City Center (Monthly)

$5,347 HK$42.0K

$1,160 €1,035

361.13%

3-bedroom Apartment, Outside City Center (Monthly)

$3,677 HK$28.9K

$747 €667

392.19%

Buy Apartment in City Center (m2)

$28.4K HK$223.0K

$3,878 €3,460

632.90%

Buy Apartment Outside City Center (m2)

$18.1K HK$141.8K

$1,837 €1,639

883.85%

Average Monthly Net Salary (After Tax)

$3,264 HK$25.6K

$2,733 €2,438

19.46%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.79

3.95

-4.05%

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

Last update for Hong Kong: October 27, 2026

Last update for Magdeburg: October 24, 2026

Monthly budget structure

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

Accommodation & Living

Hong Kong

$1.8K 58.2%

Magdeburg

$443 23.7% 74.9% $1.3K

Groceries & Markets

Hong Kong

$410 13.6%

Magdeburg

$347 18.5% 15.5% $64

Monthly Utilities & Internet

Hong Kong

$278 9.2%

Magdeburg

$495 26.4% 77.7% $216

Eating Out

Hong Kong

$205 6.8%

Magdeburg

$233 12.5% 13.7% $28

Clothing & Footwear

Hong Kong

$142 4.7%

Magdeburg

$178 9.5% 25.9% $37

Sport & Entertainment

Hong Kong

$125 4.1%

Magdeburg

$66 3.5% 47.5% $60

Getting Around

Hong Kong

$103 3.4%

Magdeburg

$110 5.9% 6.5% $6.7

Cost Breakdown

A central one-bedroom costs $2,432 in Hong Kong versus $607 in Magdeburg. 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 19% 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 $63 in Hong Kong versus $66 in Magdeburg. Groceries tell a different story – $410 in Hong Kong vs $347 in Magdeburg – so Magdeburg wins on supermarket bills even if dining out costs more.

Good to know

🇭🇰 Hong Kong

🇩🇪 Magdeburg

🕒 Local time

03:51 3:51 AM

20:51 8:51 PM

7 h behind Hong Kong

🌤 Weather

👥 Population

1,367,900 Capital

231,021

💱 Currency

Hong Kong Dollar HKD $

Euro EUR €

📈 Exchange rate

1 HKD = 0.127 USD

1 HKD = 0.114 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to HKD – Hong Kong Dollar Converter

🇺🇸 United States Dollar ($)

🇭🇰 Hong Kong Dollar ($)

Hong Kong Dollar exchange rates as of November 2, 2026: 1 USD = 7.85 HKD (1 HKD = 0.127 USD). 1 EUR = 8.79 HKD (1 HKD = 0.114 EUR).

Euro exchange rates as of November 2, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

USD to HKD in detail →

On the map

Lowest

Highest

Between locations

Hong Kong Magdeburg 8,880 km ≈ 12 h nonstop flight

From you

Hong Kong
Magdeburg

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 Magdeburg: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $3,028 in Hong Kong, $1,872 in Magdeburg – Magdeburg comes out roughly 38% cheaper. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $4,543 per month in Hong Kong and $2,808 in Magdeburg. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Magdeburg, especially for central apartments: a one-bedroom in the center costs $607 there versus $2,432 in Hong Kong.

A mid-range dinner for two costs $63 in Hong Kong and $66 in Magdeburg. 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 $1,872 in Magdeburg. That makes Magdeburg about 38% cheaper.

A $3,000 monthly budget goes further in Magdeburg, where all-in costs run around $1,872, than in Hong Kong at $3,028. In Magdeburg it covers expenses comfortably, while in Hong Kong it requires careful planning or may not stretch far enough.

Families tend to lean toward Magdeburg – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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

If budget matters most, go with Magdeburg. If higher salaries or specific career opportunities are the priority, Hong Kong makes more sense. Both are solid long-term options with distinct trade-offs.