What is middle class income in Hong Kong?

What is middle class income in Hong Kong?

Median monthly income in Hong Kong rises to $18,400 | Hong Kong Business.

Is there a minimum wage in Hong Kong?

At present, the minimum wage sits at HK$37.5 per hour and applies to all local workers apart from domestic helpers. The notion of raising the minimum wage is a fairly contentious concept, as many argue that it does more harm than good.

Is Hong Kong affordable to live?

Foreigners may think that, in a bustling metropolis such as Hong Kong, life doesn’t come cheap. You should allow for HK$30,000 to HK$50,000 (US$3,900 to US$6,500) per year for other living costs, including food, leisure, transportation, and personal items, depending on how extravagantly you plan to live.

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How much does it cost to live in Hong Kong per month?

Family of four estimated monthly costs: HK$60,155 Single person estimated monthly costs: HK$43,417 Hong Kong is the most expensive city in Asia (1 out of 15) Cost of living in Hong Kong is more expensive than in 96\% of cities in the World (8 out of 199)

What is the average salary of a person in Hong Kong?

A person working in Hong Kong typically earns around 36,600 HKD per month. Salaries range from 9,260 HKD (lowest average) to 163,000 HKD (highest average, actual maximum salary is higher).

How much is a meal in fast food in Hong Kong?

Food Update prices Basic lunchtime menu (including a drink) HK$81 Combo meal in fast food restaurant (big HK$39 500 gr (1 lb.) of boneless chicken breas HK$47 1 liter (1 qt.) of whole fat milk HK$24

How much do Hong Kong employees receive in bonuses?

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63\% of surveyed staff in Hong Kong reported that they haven’t received any bonuses or incentives in the previous year while 37\% said that they received at least one form of monetary bonus. Those who got bonuses reported rates ranging from 3\% to 6\% of their annual salary.

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