Cost Comparison 2025

SydneyvsHong Kong

Australia
Hong Kong

Overall

πŸ’°

+5.6%

Sydney is 5.6%more expensive

Rent

🏠

+37.5%

Housing is 37.5% higher

Dining

🍽️

-22.2%

Restaurants 22.2% cheaper

Groceries

πŸ›’

+17.6%

Food shopping 17.6% more

Comparing the cost of living between Sydney, Australia and Hong Kong, Hong Kong reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Sydney is more expensive than Hong Kong by approximately 5.6%. 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 Sydney are lower than in Hong Kong by 27%. A one-bedroom apartment in Sydney's city center costs around A$3,000, while the same in Hong Kong is approximately HK$20,000.

Dining out in Sydney is notably more expensive compared to Hong Kong. An inexpensive restaurant meal costs A$20 in Sydney versus HK$60 in Hong Kong.

Public transportation in Sydney is more affordable, with monthly passes at A$200 compared to HK$500 in Hong Kong.

Grocery shopping in Sydney 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 Sydney can expect to spend approximately A$804 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 A$2,814 monthly in Sydney 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

Item
Sydney, Australia
Hong Kong, Hong Kong

🏠 Housing Costs (Monthly Rent)

1BR City Center
A$3,000
HK$20,000
1BR Outside Center
A$2,200
HK$15,000
3BR City Center
A$5,500
HK$45,000

🍽️ Food & Dining

Meal, Inexpensive Restaurant
A$20
HK$60
Meal for 2, Mid-range Restaurant
A$120
HK$500
Cappuccino
A$5
HK$40
Domestic Beer (0.5L)
A$10
HK$50

πŸ›’ Groceries

Milk (1L)
A$2
HK$25
Bread (500g)
A$3
HK$15
Eggs (12)
A$5
HK$25
Cheese (1kg)
A$12
HK$150

🚌 Transportation

One-way Ticket
A$5
HK$10
Monthly Pass
A$200
HK$500
Taxi Start
A$5
HK$27
Gasoline (1L)
A$2
HK$20

πŸ’‘ Utilities & Internet

Basic Utilities (85mΒ²)
A$150
HK$1,000
Internet (60 Mbps)
A$80
HK$200
Mobile Minute
A$0
HK$1

Tips for Moving Between Cities

For those considering a move from Sydney 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 Sydney 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

Sydney

Cost of Living Index90
Rent Index80
Purchasing Power Index95

Hong Kong

Cost of Living Index95
Rent Index110
Purchasing Power Index85

Frequently Asked Questions

Is Sydney more expensive than Hong Kong?

Yes, Sydney is approximately 5.6% more expensive than Hong Kong overall. The biggest differences are in housing and restaurant prices.

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

To maintain the same standard of living, you would need approximately 1.1x of your Hong Kong salary when living in Sydney. For example, if you earn $50,000 in Hong Kong, you'd need about $52,778 in Sydney for a comparable lifestyle.

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

The most significant cost difference is in dining out. Restaurant prices vary by about 29%, which can significantly impact your entertainment budget. Transportation and utilities show notable variations between the two cities.

Which city is better for expats and digital nomads?

Sydney 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 Sydney if you prioritize earning potential, or Hong Kong for affordability.

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

In Sydney, a single person needs approximately A$3,004 per month (including rent), while a family of four requires about A$6,614. 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 Sydney 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 Sydney

Calculate Salary Equivalence

Last updated: 2025-01-15 β€’ Data sourced from multiple providers