Last update: Oct 2026

Cost of Living Comparison Between Magadan and Hong Kong

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.

50

Cost of Living Index in Magadan
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Magadan Living Index
144

Cost of Living Index in Hong Kong
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Hong Kong Living Index

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Magadan

🇷🇺 Russia

$1,005

/mo nomad

Hong Kong

🇭🇰 Hong Kong (China)

$2,984

/mo nomad

Monthly Cost of Living

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

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Magadan and in Hong Kong actually costs, broken down by who's living it.

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

Magadan $1,005
Hong Kong $2,984

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

Magadan $1,585
Hong Kong $4,558

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

Magadan $2,164
Hong Kong $6,132

Magadan is about 66% cheaper than Hong Kong, and outside of rent the biggest gap is in groceries.

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

Meal at Budget Restaurant

$11.46 ₽975

$8.46 HK$66.4

35.46%

Three-Course Dinner for Two, Mid-Range

$36.52 ₽3,107

$63.2 HK$496

-42.19%

Fast Food Meal (McDonalds, etc)

$6.39 ₽544

$6.20 HK$48.66

3.06%

Cappuccino

$2.77 ₽236

$4.90 HK$38.41

-43.47%

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

$1.11 ₽94.3

$1.27 HK$10.01

-12.60%

Water (0.33 liter bottle)

$0.57 ₽48.15

$1.06 HK$8.31

-46.23%

Local Beer (0.5 liter draught)

$1.68 ₽143

$7.68 HK$60.3

-78.13%

Imported Beer (0.33 liter bottle)

$3.02 ₽257

$6.28 HK$49.24

-51.91%

Milk (1 liter)

$1.10 ₽93.3

$2.86 HK$22.45

-61.54%

White Bread (500g)

$0.72 ₽61.2

$2.43 HK$19.10

-70.37%

Rice (white) (1kg)

$1.16 ₽98.5

$2.18 HK$17.09

-46.79%

Eggs

$1.51 ₽128

$3.54 HK$27.80

-57.34%

Local Cheese (1kg)

$10.97 ₽933

$25.12 HK$197

-56.33%

Chicken Fillets (1kg)

$5.26 ₽447

$8.89 HK$69.8

-40.83%

Beef Round Steak (1kg)

$12.84 ₽1,092

$17.63 HK$138

-27.17%

Apples (1kg)

$1.68 ₽143

$4.11 HK$32.22

-59.12%

Banana (1kg)

$1.80 ₽153

$2.72 HK$21.32

-33.82%

Oranges (1kg)

$1.69 ₽144

$4.59 HK$36.05

-63.18%

Tomato (1kg)

$2.36 ₽201

$4.02 HK$31.52

-41.29%

Potato (1kg)

$0.79 ₽67.4

$3.25 HK$25.50

-75.69%

Onion (1kg)

$0.59 ₽50.3

$3.27 HK$25.70

-81.96%

Lettuce (1 head)

$1.47 ₽125

$1.60 HK$12.54

-8.13%

Water (1.5 liter bottle)

$0.66 ₽56.1

$1.73 HK$13.56

-61.85%

Cigarettes 20 Pack (Marlboro, Camel)

$2.66 ₽226

$13.14 HK$103

-79.76%

Wine (Bottle)

$6.64 ₽565

$16.59 HK$130

-59.98%

Local Beer (0.5 liter bottle)

$1.03 ₽87.8

$2.01 HK$15.80

-48.76%

Imported Beer (0.33 liter bottle)

$2.00 ₽170

$2.18 HK$17.13

-8.26%

One-way Ticket (Public Transport)

$0.52 ₽44.54

$1.44 HK$11.31

-63.89%

Public Transport Monthly Pass (Regular Price)

$89.1 HK$699

Taxi Start (Normal Tariff)

$2.31 ₽197

$3.64 HK$28.53

-36.54%

Taxi (Normal Tariff) (1km)

$0.36 ₽30.42

$1.31 HK$10.29

-72.52%

Taxi 1hour Waiting (Normal Tariff)

$5.02 ₽427

$15.82 HK$124

-68.27%

Gasoline (1 liter)

$0.86 ₽73.4

$4.06 HK$31.89

-78.82%

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

$34.8K ₽3.0M

$44.4K HK$348.2K

-21.63%

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

$32.1K ₽2.7M

$37.4K HK$293.2K

-14.22%

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

$108 ₽9,180

$247 HK$1,942

-56.40%

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

$5.71 ₽486

$15.89 HK$125

-64.07%

Internet (50+ Mbps, Unlimited Data)

$7.40 ₽630

$21.46 HK$168

-65.52%

Gym Membership (Monthly)

$34.01 ₽2,894

$91.4 HK$717

-62.78%

Tennis Court (1 Hour on Weekend)

$22.93 ₽1,951

$9.08 HK$71.3

152.53%

Cinema Ticket

$6.18 ₽526

$13.96 HK$110

-55.73%

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

$389 ₽33.1K

$1,155 HK$9,067

-66.34%

International Primary School, 1 Child (Yearly)

$7,208 ₽613.3K

$22.3K HK$174.6K

-67.61%

Jeans (Levis 501 Or Similar)

$70.7 ₽6,014

$68.9 HK$541

2.58%

Summer Dress (H&M, Zara, etc)

$49.87 ₽4,243

$40.44 HK$317

23.32%

Sport Shoes (Adidas, Nike)

$130 ₽11.1K

$79.9 HK$627

62.78%

Men's Leather Business Shoes

$114 ₽9,684

$118 HK$923

-3.24%

1-bedroom Apartment, City Center (Monthly)

$433 ₽36.9K

$2,180 HK$17.1K

-80.13%

1-bedroom Apartment, Outside City Center (Monthly)

$299 ₽25.5K

$1,718 HK$13.5K

-82.57%

3-bedroom Apartment, City Center (Monthly)

$840 ₽71.5K

$5,047 HK$39.6K

-83.36%

3-bedroom Apartment, Outside City Center (Monthly)

$573 ₽48.7K

$3,543 HK$27.8K

-83.83%

Buy Apartment in City Center (m2)

$1,927 ₽164.0K

$29.1K HK$228.7K

-93.39%

Buy Apartment Outside City Center (m2)

$1,333 ₽113.5K

$17.6K HK$137.9K

-92.41%

Average Monthly Net Salary (After Tax)

$3,228 HK$25.3K

20-Year Fixed Mortgage Interest Rate (Annual %)

21.33

3.91

445.52%

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

Last update for Magadan: October 6, 2026

Last update for Hong Kong: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Magadan

$299 29.8%

Hong Kong

$1.7K 57.5% 474% $1.4K

Groceries & Markets

Magadan

$204 20.3%

Hong Kong

$415 13.9% 103% $211

Eating Out

Magadan

$165 16.4%

Hong Kong

$205 6.9% 24.3% $40

Clothing & Footwear

Magadan

$164 16.3%

Hong Kong

$138 4.6% 15.8% $26

Monthly Utilities & Internet

Magadan

$121 12%

Hong Kong

$285 9.5% 135% $164

Sport & Entertainment

Magadan

$46 4.6%

Hong Kong

$119 4% 157% $73

Getting Around

Magadan

$6.2 * 0.6%

Hong Kong

$105 3.5% 1594% $99

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

Cost Breakdown

A central one-bedroom costs $433 in Magadan versus $2,180 in Hong Kong. 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 $37.00 in Magadan versus $63.0 in Hong Kong. Monthly groceries follow the same trend: $204 vs $415 – making Magadan the more affordable choice for daily food spending.

Good to know

🇷🇺 Magadan

🇭🇰 Hong Kong

🕒 Local time

16:46 4:46 PM

13:46 1:46 PM

3 h behind Magadan

🌤 Weather

👥 Population

89,193

1,367,900 Capital

💱 Currency

Russian Ruble RUB ₽

Hong Kong Dollar HKD $

📈 Exchange rate

100 RUB = 1.18 USD

100 RUB = 1.05 EUR

1 HKD = 0.127 USD

1 HKD = 0.114 EUR

Exchange rates and currency converter

HKD, USD, EUR to RUB – Russian Ruble Converter

🇺🇸 United States Dollar ($)

🇷🇺 Russian Ruble (₽)

Russian Ruble exchange rates as of October 10, 2026: 1 USD = 85.09 RUB (100 RUB = 1.18 USD). 1 EUR = 95.44 RUB (100 RUB = 1.05 EUR).

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).

USD to RUB in detail →

On the map

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Between locations

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

From you

Magadan
Hong Kong

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated March 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Magadan vs Hong Kong: Cost of Living - Frequently Asked Questions

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

For a comfortable life, plan on about $1,507 per month in Magadan and $4,476 in Hong Kong. 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 $37.00 in Magadan and $63.0 in Hong Kong. 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.