Hong Kong vs Madrid

Cost of living comparison for 2026. Hong Kong is roughly 7% more affordable than Madrid (index 35 vs 38, New York = 100). Data sourced live via AI — updated regularly.

Hong Kong
More affordable overall
7% cheaper than Madrid · Cost index: 35 vs 38

Life Power at $3,000/mo

The same salary ranks differently depending on where you live — from Beggar to King.

Head-to-Head Stats

35Cost Index38
2,616Median Income /mo2,200
85Safety Index71
17Income Tax %22
70Internet (Mbps)271
320Coworking /mo200

Price Breakdown

Hong KongCategoryMadrid
$2,310/month
1-BR Apartment (Center)
48% ← cheaper
$1,200/month
$2.5/liter
Meal for One
56% ← cheaper
$1.1/liter
$8/meal
Restaurant (Mid-range)
33% cheaper →
$12/meal
$59/month
Monthly Transit Pass
19% ← cheaper
$48/month
$165/month
Utilities (Monthly)
15% ← cheaper
$140/month
$115/visit
Doctor Visit
48% ← cheaper
$60/visit

Digital Nomad Profile

Hong Kong

Internet70 Mbps
Coworking$320/mo
Café WiFiexcellent
Englishhigh
Communitygrowing
Walkability78/100

Madrid

Internet271 Mbps
Coworking$200/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability75/100

Frequently Asked Questions

Is Hong Kong cheaper than Madrid?

Hong Kong is cheaper than Madrid. Hong Kong has a cost of living index of 35/100 compared to 38/100 for Madrid (New York = 100), making it roughly 7% more affordable overall.

How much cheaper is Hong Kong than Madrid?

Hong Kong is approximately 7% cheaper than Madrid based on cost index scores (35 vs 38, where New York = 100). A person spending $3,000/month in Madrid could live a similar lifestyle for roughly $2,779/month in Hong Kong.

What is the rent comparison between Hong Kong and Madrid?

In Hong Kong, a 1-bedroom apartment in the city center costs approximately $2,310/month. In Madrid, the equivalent is around $1,200/month.

Which city is better for digital nomads — Hong Kong or Madrid?

Both cities have nomad infrastructure. Hong Kong offers 70 Mbps internet and coworking at ~$320/month. Madrid offers 271 Mbps and coworking at ~$200/month. Hong Kong has a cost advantage of 7%.

What is the average income in Hong Kong vs Madrid?

The median net monthly salary in Hong Kong is approximately $2,616 USD, compared to $2,200 USD in Madrid.

Compare Hong Kong with…

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