Table of Contents
How much does living in Hong Kong cost?
Summary about cost of living in Hong Kong, Hong Kong: Family of four estimated monthly costs are 3,860$ (30,079HK$) without rent. A single person estimated monthly costs are 1,089$ (8,486HK$) without rent. Hong Kong is 19.56\% less expensive than New York (without rent).
How much does it cost to live in an apartment in Hong Kong?
How expensive is housing and accommodation in Hong Kong?
| Renting in Hong Kong | Average monthly cost |
|---|---|
| One bedroom apartment (city centre) | HK$16,551 |
| One bedroom apartment (outside of city centre) | HK$11,006 |
| Three bedroom family home (city centre) | HK$39,800 |
| Three bedroom family home (outside of city centre) | HK$23,426 |
Is Hong Kong very expensive?
Hong Kong is a very inexpensive destination certainly far cheaper than London, Dublin and most other western European cities. Alcohol is a bit expensive but not a lot and accommodation in terms of what you pay and what you get for your money is far better value than Europe.
How much does a 1 bedroom apartment cost in Hong Kong?
The average rent for a one-bedroom apartment in Hong Kong can range from 12,000 to 20,000 HKD (1,500 to 2,500 USD) or more per month. On the upside, most apartments easily meet the highest standards of living.
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 a realistic monthly budget for Hong Kong?
Based on our research in our realistic monthly budget for Hong Kong, individual’s should budget for between HK$27,500-HK$43,000 per month. Couples should budget HK$37,500 – HK$52,000 and families should budget HK$43,500-60,000 per month.
What is a good starting salary in Hong Kong for expats?
A good starting salary in Hong Kong will generally be between HK$25,000-HK$30,000, with the median range being HK$18,200 according to HKSAR Government statistics for 2019. Most ex-pats coming to Hong Kong won’t be earning less than HK$20,000 in most cases
Is Hong Kong more expensive than New York City?
Hong Kong is 19.57\% less expensive than New York (without rent, see our cost of living index ). Rent in Hong Kong is, on average, 23.79\% lower than in New York.
https://www.youtube.com/watch?v=JLkG5wUvvKU