Last update: Oct 2026

Cost of Living Comparison Between Hong Kong and Pangyo

For one person, living is cheaper in Pangyo: $1,460 a month against $2,984 in Hong Kong, rent and utilities included – about $18,300 less a year. Higher rent and utilities in Hong Kong outweigh lower spending on other living expenses.

144

Cost of Living Index in Hong Kong
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Hong Kong Living Index
72

Cost of Living Index in Pangyo
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Pangyo Living Index

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Hong Kong

🇭🇰 Hong Kong (China)

$2,984

/mo nomad

Pangyo

🇰🇷 South Korea

$1,460

/mo nomad

Monthly Cost of Living

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

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

A single person spends $2,984 per month in Hong Kong vs $1,460 in Pangyo, rent included.

Hong Kong $2,984
Pangyo $1,460

A couple spends around $4,558 per month in Hong Kong vs $2,303 in Pangyo, rent included.

Hong Kong $4,558
Pangyo $2,303

A family of three spends $6,132 per month in Hong Kong vs $3,145 in Pangyo, rent included.

Hong Kong $6,132
Pangyo $3,145

Hong Kong costs about 104% more than Pangyo, and outside of rent the biggest gap is in eating out.

Both Hong Kong and Pangyo sit above the global median – Hong Kong by 123%, Pangyo by 9%.

Meal at Budget Restaurant

$8.46 HK$66.4

$7.17 ₩9,612

17.99%

Three-Course Dinner for Two, Mid-Range

$63.2 HK$496

$30.05 ₩40.3K

110.22%

Fast Food Meal (McDonalds, etc)

$6.20 HK$48.66

$6.54 ₩8,768

-5.20%

Cappuccino

$4.90 HK$38.41

$4.03 ₩5,394

21.59%

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

$1.27 HK$10.01

$1.51 ₩2,023

-15.89%

Water (0.33 liter bottle)

$1.06 HK$8.31

$0.71 ₩953

49.30%

Local Beer (0.5 liter draught)

$7.68 HK$60.3

$2.96 ₩3,973

159.46%

Imported Beer (0.33 liter bottle)

$6.28 HK$49.24

$3.98 ₩5,335

57.79%

Milk (1 liter)

$2.86 HK$22.45

$2.30 ₩3,084

24.35%

White Bread (500g)

$2.43 HK$19.10

$3.19 ₩4,274

-23.82%

Rice (white) (1kg)

$2.18 HK$17.09

$2.74 ₩3,674

-20.44%

Eggs

$3.54 HK$27.80

$2.69 ₩3,607

31.60%

Local Cheese (1kg)

$25.12 HK$197

$10.88 ₩14.6K

130.88%

Chicken Fillets (1kg)

$8.89 HK$69.8

$7.91 ₩10.6K

12.39%

Beef Round Steak (1kg)

$17.63 HK$138

$21.43 ₩28.7K

-17.73%

Apples (1kg)

$4.11 HK$32.22

$7.68 ₩10.3K

-46.48%

Banana (1kg)

$2.72 HK$21.32

$3.62 ₩4,847

-24.86%

Oranges (1kg)

$4.59 HK$36.05

$7.50 ₩10.1K

-38.80%

Tomato (1kg)

$4.02 HK$31.52

$6.11 ₩8,182

-34.21%

Potato (1kg)

$3.25 HK$25.50

$3.62 ₩4,848

-10.22%

Onion (1kg)

$3.27 HK$25.70

$2.68 ₩3,587

22.01%

Lettuce (1 head)

$1.60 HK$12.54

$2.78 ₩3,732

-42.45%

Water (1.5 liter bottle)

$1.73 HK$13.56

$1.28 ₩1,715

35.16%

Cigarettes 20 Pack (Marlboro, Camel)

$13.14 HK$103

$3.45 ₩4,624

280.87%

Wine (Bottle)

$16.59 HK$130

$18.84 ₩25.3K

-11.94%

Local Beer (0.5 liter bottle)

$2.01 HK$15.80

$2.29 ₩3,071

-12.23%

Imported Beer (0.33 liter bottle)

$2.18 HK$17.13

$3.46 ₩4,639

-36.99%

One-way Ticket (Public Transport)

$1.44 HK$11.31

$1.10 ₩1,476

30.91%

Public Transport Monthly Pass (Regular Price)

$89.1 HK$699

$47.53 ₩63.7K

87.38%

Taxi Start (Normal Tariff)

$3.64 HK$28.53

$3.36 ₩4,504

8.33%

Taxi (Normal Tariff) (1km)

$1.31 HK$10.29

$0.66 ₩882

98.48%

Taxi 1hour Waiting (Normal Tariff)

$15.82 HK$124

$13.05 ₩17.5K

21.23%

Gasoline (1 liter)

$4.06 HK$31.89

$1.41 ₩1,887

187.94%

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

$44.4K HK$348.2K

$30.8K ₩41.2M

44.26%

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

$37.4K HK$293.2K

$38.4K ₩51.4M

-2.68%

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

$247 HK$1,942

$199 ₩266.8K

24.28%

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

$15.89 HK$125

$36.74 ₩49.2K

-56.75%

Internet (50+ Mbps, Unlimited Data)

$21.46 HK$168

$22.15 ₩29.7K

-3.12%

Gym Membership (Monthly)

$91.4 HK$717

$51.2 ₩68.6K

78.56%

Tennis Court (1 Hour on Weekend)

$9.08 HK$71.3

$11.91 ₩16.0K

-23.76%

Cinema Ticket

$13.96 HK$110

$11.13 ₩14.9K

25.43%

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

$1,155 HK$9,067

$526 ₩704.4K

119.79%

International Primary School, 1 Child (Yearly)

$22.3K HK$174.6K

$21.7K ₩29.0M

2.68%

Jeans (Levis 501 Or Similar)

$68.9 HK$541

$65.7 ₩88.0K

4.90%

Summer Dress (H&M, Zara, etc)

$40.44 HK$317

$64.1 ₩85.9K

-36.92%

Sport Shoes (Adidas, Nike)

$79.9 HK$627

$74.5 ₩99.8K

7.28%

Men's Leather Business Shoes

$118 HK$923

$101 ₩135.3K

16.50%

1-bedroom Apartment, City Center (Monthly)

$2,180 HK$17.1K

$478 ₩641.1K

355.56%

1-bedroom Apartment, Outside City Center (Monthly)

$1,718 HK$13.5K

$361 ₩483.8K

375.85%

3-bedroom Apartment, City Center (Monthly)

$5,047 HK$39.6K

$1,182 ₩1.6M

327.06%

3-bedroom Apartment, Outside City Center (Monthly)

$3,543 HK$27.8K

$735 ₩985.5K

381.75%

Buy Apartment in City Center (m2)

$29.1K HK$228.7K

$7,053 ₩9.5M

313.30%

Buy Apartment Outside City Center (m2)

$17.6K HK$137.9K

$5,546 ₩7.4M

216.83%

Average Monthly Net Salary (After Tax)

$3,228 HK$25.3K

$5,262 ₩7.1M

-38.65%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.91

4.1

-4.63%

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

Last update for Hong Kong: October 4, 2026

Last update for Pangyo: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Hong Kong

$1.7K 57.5%

Pangyo

$361 24.4% 79% $1.4K

Groceries & Markets

Hong Kong

$415 13.9%

Pangyo

$433 29.3% 4.3% $18

Monthly Utilities & Internet

Hong Kong

$285 9.5%

Pangyo

$258 17.5% 9.4% $27

Eating Out

Hong Kong

$205 6.9%

Pangyo

$157 10.6% 23.5% $48

Clothing & Footwear

Hong Kong

$138 4.6%

Pangyo

$137 9.3% 0.5% $0.7

Sport & Entertainment

Hong Kong

$119 4%

Pangyo

$73 5% 38.4% $46

Getting Around

Hong Kong

$105 3.5%

Pangyo

$59 4% 44.2% $46

Cost Breakdown

A central one-bedroom costs $2,180 in Hong Kong versus $478 in Pangyo. 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 63% higher in Pangyo, 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 $63.0 in Hong Kong versus $30.00 in Pangyo. Groceries tell a different story – $415 in Hong Kong vs $433 in Pangyo – so Hong Kong wins on supermarket bills even if dining out costs more.

Good to know

🇭🇰 Hong Kong

🇰🇷 Pangyo

🕒 Local time

16:36 4:36 PM

17:36 5:36 PM

1 h ahead of Hong Kong

🌤 Weather

👥 Population

1,367,900 Capital

💱 Currency

Hong Kong Dollar HKD $

South Korean Won KRW ₩

📈 Exchange rate

1 HKD = 0.127 USD

1 HKD = 0.114 EUR

10,000 KRW = 7.46 USD

10,000 KRW = 6.65 EUR

Exchange rates and currency converter

KRW, 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 = 8.8 HKD (1 HKD = 0.114 EUR).

South Korean Won exchange rates as of October 10, 2026: 1 USD = 1,340 KRW (10,000 KRW = 7.46 USD). 1 EUR = 1,503 KRW (10,000 KRW = 6.65 EUR).

USD to HKD in detail →

On the map

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Between locations

Hong Kong Pangyo 2,090 km ≈ 3 h nonstop flight

From you

Hong Kong
Pangyo

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 Pangyo: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,984 in Hong Kong, $1,460 in Pangyo – roughly 104% apart. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $4,476 per month in Hong Kong and $2,191 in Pangyo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Pangyo, 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 $30.00 in Pangyo. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $2,984 in Hong Kong and $1,460 in Pangyo. That's a gap of about 104%.

A $1,500 monthly budget goes further in Pangyo, where all-in costs run around $1,460, than in Hong Kong at $2,984. In Pangyo 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 $1,460 in Pangyo 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 Pangyo. 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.