Cost of Living Comparison · NYC=100 baseline

Cost of Living: Hong Kong vs Sweden

Hong Kong is 59% more expensive than Sweden overall. Detailed side-by-side rent, groceries, utilities and monthly budget for 2026.

Hong Kong
69.8
COL+Rent · Expensive
Rent index: 63.1
CHEAPER
Sweden
44.0
COL+Rent · Affordable
Rent index: 23.7

The verdict: Sweden wins on affordability

Sweden is roughly 59% cheaper than Hong Kong on the combined COL+Rent index. On a moderate urban lifestyle, this translates to a difference of $1,793 per month, or about $21,516 per year.

Monthly Budget Comparison

Single-person urban lifestyle at three budget levels. All figures in USD.

Budget levelHong KongSwedenDifference
Minimal
Suburb rent, no dining out
$2,693$1,315Sweden 105% less
Sample
City rent, ~15 restaurant meals/mo
$3,558$1,765Sweden 102% less
Comfortable
City rent, dining out 25x/mo
$3,807$1,999Sweden 90% less

Budgets include rent, groceries, utilities, transit pass, and a typical number of restaurant meals per tier.

Line-Item Cost Comparison

Every major monthly expense, side by side.

CategoryHong KongSweden
Rent 1-bed, city centre
$2,635$1,050
Rent 1-bed, outside centre
$1,935$825
Groceries (monthly)
$470$295
Mid-range restaurant meal
$11$15
Transit pass (monthly)
$73$90
Basic utilities (85m²)
$215$105

Index Breakdown (NYC = 100)

Individual sub-indices for each category. Lower = cheaper than New York City.

Hong Kong
Cost (excl. rent)75.2
Rent63.1
Groceries75.1
Restaurants51.1
COL + Rent69.8
Local purchasing power (higher = better)91.6
Sweden
Cheaper overall
Cost (excl. rent)60.2
Rent23.7
Groceries51.8
Restaurants51.2
COL + Rent44.0
Local purchasing power (higher = better)99.4

Salary Equivalents

Purchasing-power-adjusted: if you earn X net in the US, how much do you need in Hong Kong and Sweden to maintain the same lifestyle?

US net salaryNeeded in Hong KongNeeded in Sweden
$50,000/yr$61,989$39,076
$75,000/yr$92,984$58,615
$100,000/yr$123,979$78,153

NET (after-tax) purchasing-power equivalents. Gross salary targets depend on each country's tax regime — see the salary comparison page for full tax breakdowns.

Frequently Asked Questions: Hong Kong vs Sweden

Is Hong Kong cheaper than Sweden?

Hong Kong is 59% more expensive than Sweden. The combined Cost of Living + Rent index (NYC = 100) is 69.8 for Hong Kong vs 44.0 for Sweden. In practical terms, a $1,765/month lifestyle in Sweden can be matched for roughly $2,800/month in Hong Kong.

What is the monthly budget difference between Hong Kong and Sweden?

A moderate single-person urban budget costs around $3,558 in Hong Kong versus $1,765 in Sweden — a difference of $1,793/month (102%). The gap grows for comfortable lifestyles: $3,807 vs $1,999.

How does rent compare in Hong Kong vs Sweden?

A 1-bedroom apartment in a city centre costs $2,635/month in Hong Kong and $1,050/month in Sweden. Outside the city centre, rent drops to $1,935 in Hong Kong and $825 in Sweden. Rent typically represents 30–50% of a single person's monthly budget in both countries.

How much salary do I need to move from Hong Kong to Sweden?

If you currently earn $75,000 net in Hong Kong, you'd need roughly $47,278 net in Sweden to maintain the same lifestyle. If moving the other way (from Sweden to Hong Kong on a $75,000 net salary), you'd need $118,977 net in Hong Kong. These are purchasing-power-adjusted amounts — your gross salary target will differ by tax regime.

Which country has higher groceries prices?

Monthly grocery basket for a single person: $470 in Hong Kong vs $295 in Sweden. A mid-range restaurant meal costs $11 in Hong Kong vs $15 in Sweden. Grocery prices tend to track closely with overall cost of living.

Source & caveats: Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates. Last reviewed April 2026. All indices use New York City = 100 as baseline. Actual prices in Hong Kong and Sweden vary materially by city — capital/largest city costs can differ 30–60% from smaller towns. Treat these figures as directional comparisons; verify with current local listings before making relocation decisions.