SingaporevsHong Kong
Overall
💰0.0%
Singapore is 0.0%same cost
Rent
🏠+22.2%
Housing is 22.2% higher
Dining
🍽️-12.5%
Restaurants 12.5% cheaper
Groceries
🛒+17.6%
Food shopping 17.6% more
Comparing the cost of living between Singapore, Singapore and Hong Kong, Hong Kong reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Singapore is similarly priced than Hong Kong. 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 Singapore are lower than in Hong Kong by 18%. A one-bedroom apartment in Singapore's city center costs around SGD 3,500, while the same in Hong Kong is approximately HK$20,000.
Dining out in Singapore is notably more expensive compared to Hong Kong. An inexpensive restaurant meal costs SGD 15 in Singapore versus HK$60 in Hong Kong.
Public transportation in Singapore is more affordable, with monthly passes at SGD 120 compared to HK$500 in Hong Kong.
Purchasing power in Singapore is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Hong Kong.
Grocery shopping in Singapore is more affordable by approximately 15%. Basic items like milk, bread, and eggs show lower prices across the board.
Monthly Budget Breakdown
When breaking down monthly expenses, a single person in Singapore can expect to spend approximately SGD 777 per month (excluding rent), while in Hong Kong, the same lifestyle would cost around HK$3,840. For families, these figures increase significantly, with a family of four requiring about SGD 2,720 monthly in Singapore versus HK$13,440 in Hong Kong. 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 Hong Kong to Singapore, 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 Singapore to Hong Kong 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
Singapore
Hong Kong
Frequently Asked Questions
Is Singapore more expensive than Hong Kong?
The cost of living in Singapore and Hong Kong is relatively similar, with only minor differences in specific categories. Your actual expenses will depend on your lifestyle choices.
How much salary do I need in Singapore compared to Hong Kong?
To maintain the same standard of living, you would need approximately 100% of your Hong Kong salary when living in Singapore. For example, if you earn $50,000 in Hong Kong, you'd need about $50,000 in Singapore for a comparable lifestyle.
What are the biggest cost differences between Singapore and Hong Kong?
The most significant cost difference is in housing. Rent prices differ by approximately 18%, 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?
Singapore 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 Singapore if you prioritize earning potential, or Hong Kong for affordability.
What's a reasonable monthly budget for Singapore vs Hong Kong?
In Singapore, a single person needs approximately SGD 3,277 per month (including rent), while a family of four requires about SGD 7,220. In Hong Kong, these figures are HK$18,840 for singles and HK$43,440 for families. These estimates include housing, food, transportation, and basic entertainment.
The cost of living comparison between Singapore and Hong Kong in 2025 shows moderate 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 Hong Kong to maintain your lifestyle from Singapore
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