16 items that are a tad cheaper in Singapore than in Hong Kong

Coffee lovers need not go farther for a cheaper cup of cappuccino.

Singapore and Hong Kong are sharing similarities that make them amongst the most dominant markets in the world for investment. From ease of doing business in each market, tax rates, GDP per capita, government policies, quality of existing infrastructure, and the availability of debt finance, the two cities are close rivals. Some experts however believe that the widening gap between Singapore and Hong Kong’s costs of living is making the latter a more attractive destination for multinational companies looking to relocate employees. A survey from the Economic Intelligence Unit last year has ranked Singapore for the first time as the most expensive city in the world to live in. It climbed five spots up from its previous ranking while Hong Kong only moved one notch up to 13th.

Is living in Singapore really more expensive than Hong Kong?

Singapore Business Review has compiled a list of consumer prices for both cities from Numbeo, which bills itself as the world’s largest database of user contributed data about cities and countries worldwide.

The list, which covers cost of meals, market produce, transportation fare, clothing, sports and recreations, and property, shows Singapore is costlier than Hong Kong in many items. There are however a few items where the cost is cheaper in Singapore. Can you guess?

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia