Cost of living in Hong Kong vs Taipei, Taiwan
Currency:
Food | + 1% | |||
---|---|---|---|---|
Food in Hong Kong is about the same as in Taipei (Taiwan) | ||||
Basic lunchtime menu (including a drink) in the business district | HK$78 (281 NT$) | 194 NT$ | + 45% | |
Combo meal in fast food restaurant (big mac meal or similar) | HK$38 (136 NT$) | 152 NT$ | - 11% | |
500 gr (1 lb.) of boneless chicken breast | HK$44 (160 NT$) | 128 NT$ | + 24% | |
1 liter (1 qt.) of whole fat milk | HK$23 (83 NT$) | 94 NT$ | - 12% | |
12 eggs, large | HK$29 (105 NT$) | 101 NT$ | + 4% | |
1 kg (2 lb.) of tomatoes | HK$22 (79 NT$) | 147 NT$ | - 46% | |
500 gr (16 oz.) of local cheese | HK$92 (330 NT$) | 465 NT$ | - 29% | |
1 kg (2 lb.) of apples | HK$24 (87 NT$) | 155 NT$ | - 44% | |
1 kg (2 lb.) of potatoes | HK$17 (62 NT$) | 180 NT$ | - 65% | |
0.5 l (16 oz) domestic beer in the supermarket | HK$17 (62 NT$) | 64 NT$ | - 3% | |
1 bottle of red table wine, good quality | HK$230 (826 NT$) | 628 NT$ | + 32% | |
2 liters of coca-cola | HK$15 (53 NT$) | 59 NT$ | - 11% | |
Bread for 2 people for 1 day | HK$19 (67 NT$) | 28 NT$ | + 142% | |
Housing | + 159% | |||
Housing in Hong Kong is 159% more expensive than in Taipei (Taiwan) | ||||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | HK$42,731 (153,518 NT$) | 44,921 NT$ | + 242% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | HK$31,492 (113,140 NT$) | 32,644 NT$ | + 247% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | HK$1,664 (5,979 NT$) | 4,526 NT$ | + 32% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | HK$23,566 (84,665 NT$) | 27,496 NT$ | + 208% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | HK$15,226 (54,702 NT$) | 18,127 NT$ | + 202% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | HK$1,062 (3,817 NT$) | 1,956 NT$ | + 95% | |
Internet 8 mbps (1 month) | HK$142 (511 NT$) | 735 NT$ | - 31% | |
40” flat screen tv | HK$5,312 (19,085 NT$) | 14,890 NT$ | + 28% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | HK$1,366 (4,909 NT$) | 4,128 NT$ | + 19% | |
Laundry detergent (3 l. ~ 100 oz.) | HK$69 (246 NT$) | 201 NT$ | + 22% | |
Hourly rate for cleaning help | HK$94 (338 NT$) | 383 NT$ | - 12% | |
Clothes | + 2% | |||
Clothes in Hong Kong is about the same as in Taipei (Taiwan) | ||||
1 pair of jeans (levis 501 or similar) | HK$704 (2,531 NT$) | 2,299 NT$ | + 10% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | HK$314 (1,130 NT$) | 1,189 NT$ | - 5% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | HK$728 (2,615 NT$) | 3,201 NT$ | - 18% | |
1 pair of men’s leather business shoes | HK$1,295 (4,651 NT$) | 3,531 NT$ | + 32% | |
Transportation | + 42% | |||
Transportation in Hong Kong is 42% more expensive than in Taipei (Taiwan) | ||||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | HK$243,567 (875,064 NT$) | 882,100 NT$ | - 1% | |
1 liter (1/4 gallon) of gas | HK$17 (59 NT$) | 36 NT$ | + 65% | |
Monthly ticket public transport | HK$618 (2,220 NT$) | 1,326 NT$ | + 68% | |
Taxi trip on a business day, basic tariff, 8 km. (5 miles) | HK$78 (281 NT$) | 253 NT$ | + 11% | |
Personal Care | - 1% | |||
Personal Care in Hong Kong is about the same as in Taipei (Taiwan) | ||||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | HK$49 (177 NT$) | 232 NT$ | - 24% | |
1 box of antibiotics (12 doses) | HK$115 (413 NT$) | 240 NT$ | + 72% | |
Short visit to private doctor (15 minutes) | HK$463 (1,662 NT$) | 988 NT$ | + 68% | |
1 box of 32 tampons (tampax, ob, ...) | HK$59 (212 NT$) | 327 NT$ | - 35% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | HK$38 (137 NT$) | 179 NT$ | - 23% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | HK$53 (190 NT$) | 224 NT$ | - 15% | |
4 rolls of toilet paper | HK$18 (65 NT$) | 84 NT$ | - 23% | |
Tube of toothpaste | HK$20 (72 NT$) | 101 NT$ | - 28% | |
Standard men's haircut in expat area of the city | HK$265 (954 NT$) | 679 NT$ | + 40% | |
Entertainment | + 22% | |||
Entertainment in Hong Kong is 22% more expensive than in Taipei (Taiwan) | ||||
Basic dinner out for two in neighborhood pub | HK$381 (1,367 NT$) | 1,262 NT$ | + 8% | |
2 tickets to the movies | HK$190 (683 NT$) | 636 NT$ | + 8% | |
2 tickets to the theater (best available seats) | HK$1,027 (3,689 NT$) | 3,811 NT$ | - 3% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | HK$894 (3,211 NT$) | 2,054 NT$ | + 56% | |
1 cocktail drink in downtown club | HK$100 (361 NT$) | 382 NT$ | - 5% | |
Cappuccino in expat area of the city | HK$46 (164 NT$) | 144 NT$ | + 14% | |
1 beer in neighbourhood pub (500ml or 1pt.) | HK$69 (248 NT$) | 174 NT$ | + 43% | |
Ipad wi-fi 128gb | HK$3,416 (12,274 NT$) | 13,389 NT$ | - 8% | |
1 min. of prepaid mobile tariff (no discounts or plans) | HK$1.08 (3.90 NT$) | 7 NT$ | - 46% | |
1 month of gym membership in business district | HK$893 (3,207 NT$) | 1,614 NT$ | + 99% | |
1 package of marlboro cigarettes | HK$62 (223 NT$) | 130 NT$ | + 71% | |
TOTAL | + 57% |

These prices were last updated on February 24, 2021.
Exchange rate:
3.593
TWD
/
HKD
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Cost of living in Hong Kong is 57% more expensive than in Taipei (Taiwan)
For example, you would need at least 231,121 NT$ (HK$64,331) in Hong Kong to maintain the same standard of living that you can have with 147,000 NT$ in Taipei.
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