Cost of Living: Italy vs Hong Kong
Italy is 34% cheaper than Hong Kong overall. Detailed side-by-side rent, groceries, utilities and monthly budget for 2026.
The verdict: Italy wins on affordability
Italy is roughly 34% cheaper than Hong Kong on the combined COL+Rent index. On a moderate urban lifestyle, this translates to a difference of $1,490 per month, or about $17,880 per year.
Monthly Budget Comparison
Single-person urban lifestyle at three budget levels. All figures in USD.
| Budget level | Italy | Hong Kong | Difference |
|---|---|---|---|
Minimal Suburb rent, no dining out | $1,443 | $2,693 | Italy 46% less |
Sample City rent, ~15 restaurant meals/mo | $2,068 | $3,558 | Italy 42% less |
Comfortable City rent, dining out 25x/mo | $2,337 | $3,807 | Italy 39% 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.
| Category | Italy | Hong Kong |
|---|---|---|
Rent 1-bed, city centre | $1,240 | $2,635 |
Rent 1-bed, outside centre | $870 | $1,935 |
Groceries (monthly) | $305 | $470 |
Mid-range restaurant meal | $17 | $11 |
Transit pass (monthly) | $38 | $73 |
Basic utilities (85m²) | $230 | $215 |
Index Breakdown (NYC = 100)
Individual sub-indices for each category. Lower = cheaper than New York City.
Salary Equivalents
Purchasing-power-adjusted: if you earn X net in the US, how much do you need in Italy and Hong Kong to maintain the same lifestyle?
| US net salary | Needed in Italy | Needed in Hong Kong |
|---|---|---|
| $50,000/yr | $40,675 | $61,989 |
| $75,000/yr | $61,012 | $92,984 |
| $100,000/yr | $81,350 | $123,979 |
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.
Dig Deeper
Combine this cost comparison with tax and salary data for the complete picture.
Cost of Living in Italy
Full monthly budget & line-item costs for Italy only.
Cost of Living in Hong Kong
Full monthly budget & line-item costs for Hong Kong only.
Italy vs Hong Kong Salary
Side-by-side take-home pay at $50K–$200K with 2025 tax brackets.
Salary After Tax in Italy
Net take-home pay calculator for Italy.
Salary After Tax in Hong Kong
Net take-home pay calculator for Hong Kong.
All 40 Countries — Cost of Living
Sortable leaderboard, affordability tiers, and the salary-equivalence calculator.
Frequently Asked Questions: Italy vs Hong Kong
Is Italy cheaper than Hong Kong?
Italy is 34% cheaper than Hong Kong. The combined Cost of Living + Rent index (NYC = 100) is 45.8 for Italy vs 69.8 for Hong Kong. In practical terms, a $3,558/month lifestyle in Hong Kong can be matched for roughly $2,335/month in Italy.
What is the monthly budget difference between Italy and Hong Kong?
A moderate single-person urban budget costs around $2,068 in Italy versus $3,558 in Hong Kong — a difference of $1,490/month (42%). The gap grows for comfortable lifestyles: $2,337 vs $3,807.
How does rent compare in Italy vs Hong Kong?
A 1-bedroom apartment in a city centre costs $1,240/month in Italy and $2,635/month in Hong Kong. Outside the city centre, rent drops to $870 in Italy and $1,935 in Hong Kong. Rent typically represents 30–50% of a single person's monthly budget in both countries.
How much salary do I need to move from Italy to Hong Kong?
If you currently earn $75,000 net in Italy, you'd need roughly $114,301 net in Hong Kong to maintain the same lifestyle. If moving the other way (from Hong Kong to Italy on a $75,000 net salary), you'd need $49,212 net in Italy. 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: $305 in Italy vs $470 in Hong Kong. A mid-range restaurant meal costs $17 in Italy vs $11 in Hong Kong. Grocery prices tend to track closely with overall cost of living.