Cost of living comparison
Banff is 11.4% more expensive than Hong Kong.
- Restaurants
-
pay 91.8% more in Banff
- Groceries
-
pay 5.6% more in Banff
- Transportation
-
pay 6.6% more in Banff
- Housing
-
pay 24.2% more in Banff
- Childcare
-
pay 15.8% less in Banff
- Entertainment and Sports
-
pay 15.5% less in Banff
- Clothing
-
pay 16.8% less in Banff
The cost of restaurants, housing, transportation, and groceries in Banff are more expensive than in Hong Kong. Expenses including clothing, childcare, and entertainment and sports are lower in Banff. Notably, restaurants is significantly more expensive in Banff.
If you lived in Banff instead of Hong Kong, you would:
pay 91.8% more for restaurants
|
Hong Kong
|
Banff
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.72
HK$59.98
|
$23.35
CA$33.60
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.33
HK$49.23
|
$8.62
CA$12.41
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.35
HK$10.46
|
$2.06
CA$2.96
|
|
| Bottle of water (11 fl. oz) |
$1.09
HK$8.48
|
$1.92
CA$2.76
|
|
pay 5.6% more for groceries
|
Hong Kong
|
Banff
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.40
HK$18.66
|
$2.28
CA$3.28
|
|
| Local cheese (8 oz) |
$13.58
HK$105.55
|
$6.10
CA$8.78
|
|
| Milk (1 gallon) |
$12.17
HK$94.59
|
$6.94
CA$9.99
|
|
|
Eggs
1 dozen
|
$3.59
HK$27.93
|
$3.65
CA$5.26
|
|
| Boneless chicken breast (1 lb) |
$4.30
HK$33.42
|
$6.57
CA$9.45
|
|
| Apples (1 lb) |
$1.62
HK$12.57
|
$1.63
CA$2.34
|
|
| Bananas (1 lb) |
$1.19
HK$9.22
|
$0.78
CA$1.13
|
|
| Oranges (1 lb) |
$1.61
HK$12.50
|
$2.31
CA$3.33
|
|
| Tomatoes (1 lb) |
$1.51
HK$11.73
|
$2.17
CA$3.13
|
|
| Potatoes (1 lb) |
$1.16
HK$9.04
|
$1.43
CA$2.05
|
|
| Onions (1 lb) |
$1.14
HK$8.89
|
$1.51
CA$2.18
|
|
pay 6.6% more for transportation
|
Hong Kong
|
Banff
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$11.42
HK$88.79
|
$3.77
CA$5.43
|
|
| Monthly public transit pass |
$64.30
HK$499.81
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$34,067.68
HK$264,801.24
|
$24,412.64
CA$35,128.57
|
|
| Taxi trip in downtown area (5 miles) |
$14.53
HK$112.91
|
$31.25
CA$44.97
|
|
pay 24.2% more for housing
|
Hong Kong
|
Banff
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$21.69
HK$168.62
|
$70.17
CA$100.97
|
|
| 1-Bedroom apartment in downtown area |
$2,183.24
HK$16,969.86
|
$790.33
CA$1,137.25
|
|
| 1-Bedroom apartment outside city center |
$1,543.27
HK$11,995.53
|
$862.18
CA$1,240.63
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$187.23
HK$1,455.34
|
$151.78
CA$218.40
|
|
pay 15.8% less for childcare
|
Hong Kong
|
Banff
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,002.59
HK$7,792.93
|
$844.22
CA$1,214.79
|
|
| Middle school for 1 child, two semesters |
$21,790.97
HK$169,376.83
|
?? | |
pay 15.5% less for entertainment and sports
|
Hong Kong
|
Banff
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.72
HK$59.98
|
$7.18
CA$10.34
|
|
| Cappuccino in mid-range area |
$5.30
HK$41.22
|
$3.48
CA$5.01
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.12
HK$101.96
|
$14.37
CA$20.68
|
|
| Monthly membership at local gym |
$85.27
HK$662.81
|
$74.24
CA$106.83
|
|
| Movie ticket to theater/cinema |
$12.86
HK$99.96
|
$8.62
CA$12.41
|
|
pay 16.8% less for clothing
|
Hong Kong
|
Banff
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$72.66
HK$564.76
|
$38.32
CA$55.14
|
|
|
Regular dress
from H&M or similar store
|
$40.59
HK$315.48
|
$38.32
CA$55.14
|
|
|
Running shoes
Nike or Adidas
|
$92.45
HK$718.63
|
$101.79
CA$146.46
|
|
| Men's business shoes (leather) |
$142.24
HK$1,105.59
|
$107.77
CA$155.08
|
|
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