Hong KongvsBudapest
Overall
💰-45.3%
Hong Kong is 45.3%cheaper
Rent
🏠-68.2%
Housing is 68.2% lower
Dining
🍽️-35.7%
Restaurants 35.7% cheaper
Groceries
🛒-52.0%
Food shopping 52.0% less
Comparing the cost of living between Hong Kong, Hong Kong and Budapest, Hungary reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Hong Kong is more affordable than Budapest by approximately 45.3%. This comparison covers essential living expenses including housing, food, transportation, and utilities, providing you with a complete picture of what to expect financially in each city.
Key Cost Differences
Housing costs in Hong Kong are higher than in Budapest by 214%. A one-bedroom apartment in Hong Kong's city center costs around HK$20,000, while the same in Budapest is approximately HUF 200,000.
Dining out in Hong Kong is notably more expensive compared to Budapest. An inexpensive restaurant meal costs HK$60 in Hong Kong versus HUF 2,000 in Budapest.
Public transportation in Hong Kong is more affordable, with monthly passes at HK$500 compared to HUF 9,500 in Budapest.
Purchasing power in Hong Kong is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Budapest.
Grocery shopping in Hong Kong is more expensive by approximately 108%. Basic items like milk, bread, and eggs show higher prices across the board.
Monthly Budget Breakdown
When breaking down monthly expenses, a single person in Hong Kong can expect to spend approximately HK$3,840 per month (excluding rent), while in Budapest, the same lifestyle would cost around HUF 94,600. For families, these figures increase significantly, with a family of four requiring about HK$13,440 monthly in Hong Kong versus HUF 331,100 in Budapest. These estimates include groceries, dining out, transportation, utilities, and entertainment, providing a realistic picture of day-to-day living costs in each city.
Detailed Cost Comparison
🏠 Housing Costs (Monthly Rent)
🍽️ Food & Dining
🛒 Groceries
🚌 Transportation
💡 Utilities & Internet
Tips for Moving Between Cities
For those considering a move from Budapest to Hong Kong, the cost savings can be substantial, particularly in housing and daily expenses. However, it's important to factor in salary differences and job opportunities. Conversely, moving from Hong Kong to Budapest requires careful financial planning. Consider negotiating salary adjustments that reflect the higher cost of living, and research neighborhoods outside the city center for more affordable housing options while maintaining reasonable commute times.
Quality of Life Indices
Hong Kong
Budapest
Frequently Asked Questions
Is Hong Kong more expensive than Budapest?
No, Hong Kong is approximately 45.3% cheaper than Budapest. You'll find significant savings in housing, food, and transportation costs.
How much salary do I need in Hong Kong compared to Budapest?
To maintain the same standard of living, you would need approximately 69% of your Budapest salary when living in Hong Kong. For example, if you earn $50,000 in Budapest, you'd need about $34,420 in Hong Kong for a comparable lifestyle.
What are the biggest cost differences between Hong Kong and Budapest?
The most significant cost difference is in housing. Rent prices differ by approximately 214%, making it a major factor in your budget planning. Transportation and utilities show notable variations between the two cities.
Which city is better for expats and digital nomads?
Hong Kong offers better purchasing power, making it more attractive for those earning in strong currencies. However, Hong Kong provides lower living costs, which benefits budget-conscious travelers. Consider Hong Kong if you prioritize earning potential, or Budapest for affordability.
What's a reasonable monthly budget for Hong Kong vs Budapest?
In Hong Kong, a single person needs approximately HK$18,840 per month (including rent), while a family of four requires about HK$43,440. In Budapest, these figures are HUF 234,600 for singles and HUF 581,100 for families. These estimates include housing, food, transportation, and basic entertainment.
The cost of living comparison between Hong Kong and Budapest in 2025 shows significant differences across various expense categories. Whether you're planning a relocation for work, considering retirement options, or simply curious about living costs, understanding these differences is crucial for making informed financial decisions.
Need to calculate salary equivalence?
Find out how much you need to earn in Budapest to maintain your lifestyle from Hong Kong
Calculate Salary Equivalence