Budget Direct Insurance Money Magazine's Insurer of the Year 2023 CANSTAR's Insurer of the Year 2024

Canstar & Money Magazine's
Insurer of the Year

prices shown in
Singapore vs Hong Kong
Sin vs Hkg

Average net salary (After tax)

Hong Kong
Singapore

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Hkg
Sin
Outside city centre
Hkg
Sin

Rent 3 bedroom apartment

Cost per month

In city centre
Hkg
Sin
Outside city centre
Hkg
Sin

Buy apartment

Price per m2

In city centre
Hkg
Sin
Outside city centre
Hkg
Sin

Mortgage rates

Hong Kong
4.5%
Singapore
5.5%
Compare our
home insurance prices

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

Electricity, heating, water, Garbage for a 85m2 Apartment

Hong Kong
Singapore

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Hkg
Sin

Mobile phone data

Mobile Phone Monthly Plan with Calls and 10GB+ Data

Hkg
Sin

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Hkg
Sin

Monthly pass

Regular price

Hkg
Sin

Fuel prices

Per Litre

Hong Kong
Singapore

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Hkg
Sin
Compare our
car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

Milk 1L
Hkg
Sin
White bread 500g
Hkg
Sin
Eggs 12
Hkg
Sin
White rice 1kg
Hkg
Sin

Pack of cigarettes

(Marlboro)

Hong Kong
Singapore

Meat & cheese

Chicken breasts 1kg
Hkg
Sin
Beef round 1kg
Hkg
Sin
Local cheese 1kg
Hkg
Sin

Vegetables

Potatoes 1kg
Hkg
Sin
Lettuce 1 head
Hkg
Sin
Tomatoes 1kg
Hkg
Sin

Fruit

Apples 1kg
Hkg
Sin
Oranges 1 head
Hkg
Sin
Bananas 1kg
Hkg
Sin

Eating Out

  • Food
  • Drinks

Meal for two

Inexpensive restaurant 2 meals
Hkg $4,070.74/mth
Sin $4,070.74/mth
Mid-range restaurant Three-course meal for two people
Hkg $4,070.74/mth
Sin $4,070.74/mth

McDonalds McMeal

Or equivalent combo meal

Hong Kong
4.5%
Singapore
5.5%

Restaurant Prices in Hong Kong are 17.14% higher than in Singapore

Drinks

Coke/Pepsi 0.33L
bottle
Hkg $4,070.74/mth
Sin $4,070.74/mth
Water 0.33L
bottle
Hkg $4,070.74/mth
Sin $4,070.74/mth
Cappuccino regular
Hkg $4,070.74/mth
Sin $4,070.74/mth

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Hkg
Sin
Market 0.5L bottle
Hkg
Sin

Imported beer

Restaurant 0.33L bottle
Hkg
Sin
Market 0.33L bottle
Hkg
Sin

Bottle of wine

Mid-range, from supermarket

Hong Kong
5
Singapore

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Hkg
Sin

Summer dress

From a chain store (e.g. Zara, H&M)

Hkg
Sin

Shoes

1 pair Nike shoes
Hkg
Sin
1 pair men's leather shoes
Hkg
Sin

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Hong Kong
$15.33
Singapore
$11.43

Tennis court rental

One hour on weekend

Hkg $4,070.74/mth
Sin $4,070.74/mth

Fitness club

Monthly fee for one adult

Hkg $4,070.74/mth
Sin $4,070.74/mth