Cost Comparison 2025

Hong KongvsEdmonton

Hong Kong
Canada

Overall

💰

-28.4%

Hong Kong is 28.4%cheaper

Rent

🏠

-59.1%

Housing is 59.1% lower

Dining

🍽️

0.0%

Restaurants 0.0% same

Groceries

🛒

-22.0%

Food shopping 22.0% less

Comparing the cost of living between Hong Kong, Hong Kong and Edmonton, Canada reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Hong Kong is more affordable than Edmonton by approximately 28.4%. 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 Edmonton by 144%. A one-bedroom apartment in Hong Kong's city center costs around HK$20,000, while the same in Edmonton is approximately CA$1,400.

Dining out in Hong Kong costs about the same compared to Edmonton. An inexpensive restaurant meal costs HK$60 in Hong Kong versus CA$18 in Edmonton.

Public transportation in Hong Kong is more expensive, with monthly passes at HK$500 compared to CA$100 in Edmonton.

Grocery shopping in Hong Kong is more expensive by approximately 28%. 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 Edmonton, the same lifestyle would cost around CA$695. For families, these figures increase significantly, with a family of four requiring about HK$13,440 monthly in Hong Kong versus CA$2,431 in Edmonton. 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

Item
Hong Kong, Hong Kong
Edmonton, Canada

🏠 Housing Costs (Monthly Rent)

1BR City Center
HK$20,000
CA$1,400
1BR Outside Center
HK$15,000
CA$1,100
3BR City Center
HK$45,000
CA$2,400

🍽️ Food & Dining

Meal, Inexpensive Restaurant
HK$60
CA$18
Meal for 2, Mid-range Restaurant
HK$500
CA$80
Cappuccino
HK$40
CA$5
Domestic Beer (0.5L)
HK$50
CA$6

🛒 Groceries

Milk (1L)
HK$25
CA$2
Bread (500g)
HK$15
CA$3
Eggs (12)
HK$25
CA$4
Cheese (1kg)
HK$150
CA$14

🚌 Transportation

One-way Ticket
HK$10
CA$4
Monthly Pass
HK$500
CA$100
Taxi Start
HK$27
CA$4
Gasoline (1L)
HK$20
CA$1

💡 Utilities & Internet

Basic Utilities (85m²)
HK$1,000
CA$200
Internet (60 Mbps)
HK$200
CA$75
Mobile Minute
HK$1
CA$0

Tips for Moving Between Cities

For those considering a move from Edmonton 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 Edmonton 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

Cost of Living Index95
Rent Index110
Purchasing Power Index85

Edmonton

Cost of Living Index68
Rent Index45
Purchasing Power Index95

Frequently Asked Questions

Is Hong Kong more expensive than Edmonton?

No, Hong Kong is approximately 28.4% cheaper than Edmonton. You'll find significant savings in housing, food, and transportation costs.

How much salary do I need in Hong Kong compared to Edmonton?

To maintain the same standard of living, you would need approximately 78% of your Edmonton salary when living in Hong Kong. For example, if you earn $50,000 in Edmonton, you'd need about $38,934 in Hong Kong for a comparable lifestyle.

What are the biggest cost differences between Hong Kong and Edmonton?

The most significant cost difference is in housing. Rent prices differ by approximately 144%, 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?

Edmonton 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 cultural experiences, or Edmonton for better value.

What's a reasonable monthly budget for Hong Kong vs Edmonton?

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 Edmonton, these figures are CA$1,795 for singles and CA$4,331 for families. These estimates include housing, food, transportation, and basic entertainment.

The cost of living comparison between Hong Kong and Edmonton 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 Edmonton to maintain your lifestyle from Hong Kong

Calculate Salary Equivalence

Last updated: 2025-01-15 • Data sourced from multiple providers