City Comparison

Hong Kong vs Tokyo

Cost of Living Comparison · 2026

Hong Kong

Hong Kong
107
Above Average
$1.1M
Median Home
$2,350/mo
Median Rent
$42,000
Median Income

Tokyo

Japan
82
Very Affordable
$450,000
Median Home
$1,225/mo
Median Rent
$42,000
Median Income

The Verdict

30.5%

The cost gap between these cities is 30.5%, with Tokyo being the more affordable option. A $75,000 income in Hong Kong has equivalent purchasing power to $57,477 in Tokyo.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
195
Hong Kong
98
Tokyo
Groceries
105
Hong Kong
88
Tokyo
Utilities
92
Hong Kong
85
Tokyo
Transportation
78
Hong Kong
78
Tokyo
Healthcare
65
Hong Kong
62
Tokyo

Salary Equivalence

A $75,000 salary in Hong Kong has the same purchasing power as $57,477 in Tokyo.

Conversely, $75,000 in Tokyo equals $97,866 in Hong Kong.

Living in Hong Kong vs Tokyo

Housing Costs

Hong Kong's housing index of 195 is higher Tokyo's 98, translating to median home prices of $1.1M vs $450,000. The $650,000 difference in home prices means roughly $42,252 per year in additional mortgage costs at current rates. Renters face a similar gap: $2,350/mo in Hong Kong compared to $1,225/mo in Tokyo, a monthly difference of $1,125.

Grocery & Food Costs

Grocery expenses index at 105 in Hong Kong and 88 in Tokyo. A household spending the national average of $475/month on groceries would pay approximately $499/month in Hong Kong vs $418/month in Tokyo. Tokyo offers a meaningful advantage on everyday food costs, saving roughly $972/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 92 in Hong Kong and 85 in Tokyo. Monthly utility bills average approximately $368 in Hong Kong vs $340 in Tokyo. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 65 in Hong Kong and 62 in Tokyo. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $42,000 in Hong Kong and $42,000 in Tokyo. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $39,252 and $51,220 respectively. Tokyo residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $980/month to housing in Hong Kong vs $980/month in Tokyo. In Hong Kong, median rent of $2,350/mo exceeds this threshold, suggesting renters may feel stretched. In Tokyo, median rent of $1,225/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 97 index points — focus your budget analysis there.

Frequently Asked Questions

Tokyo is 30.5% more affordable overall with an index of 82 vs 107.
A $75,000 salary in Hong Kong has equivalent purchasing power to approximately $57,477 in Tokyo, based on the cost of living difference.
Hong Kong's housing index is 195 with median homes at $1.1M, while Tokyo's is 98 with median homes at $450,000.

Moving & Relocation Resources

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