|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 cheap for shopping? Hongkongers sure love a spot of cheap shopping in Hong Kong. Hong Kong is well known for its bargains thanks to a large number of street markets like Mong Kok Ladies’ Market and separate shopping streets. There’s huge satisfaction in getting the best value deal and saving dollars.
how much does an 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.
Is it good to live in Hong Kong? Hong Kong is a playground with unique districts like Lan Kwai Fong, Soho, and Wan Chai. It’s pretty cool that all the bars, clubs, lounges, and restaurants are all within walking distance. It makes for safe drinking and convenience. If you are of the nocturnal species, there is no better place to live than Hong Kong.
is it expensive to live in Hong Kong?
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.
How much is coffee in Hong Kong?
If you go to proper cafes, the cup of coffee can cost $30 to $40. For cheap but good standards, McCafe is indeed your best bet. Like many other places in the world, there are expensive ways to live in Hong Kong, and there are inexpensive ways to live in Hong Kong.
what is the average rent in Hong Kong?
List of prices in Hong Kong Current as of Mar 2020.
How much is a can of Coke in Hong Kong?
From 7–11 you can buy a can for anywhere from HK$6.5 to $7.5 it depends on the shop. A shop in a busy area will cost more. From a vending machine in the middle of nowhere $9. From a Park and Shop $6 if you buy it as a multipack.
What is a good salary in Hong Kong?
A HK$1.5 million yearly income would mean a monthly salary of HK$125,000. According to the Population Census last year, only 4.2 per cent of the working population earn more than HK$60,000 a month, the highest category in the report. Hongkongers on average earn HK$12,800 per month.
What is the minimum salary in Hong Kong?
Minimum Wages in Hong Kong is expected to reach 40.50 HKD/Hour by the end of 2020, according to Trading Economics global macro models and analysts expectations.
How much does a house cost in Hong Kong?
Hong Kong’s house price-to-income ratio is 18.1, meaning that, at the city’s median annual household income of HK$300,000, the median cost of a home is more than HK$5.4 million.
Where should I live in Hong Kong?
So with all that in mind, the following 7 areas of the city are the best places to live for expats in varying circumstances. Happy Valley/Jardine’s Lookout – Upmarket Living. Kowloon Tong & West Kowloon – Good for Families. The Mid Levels – Wonderfully Central. Repulse Bay & Stanley – Offering the Beach Life. The Peak.
How do people survive living in Hong Kong?
Moving to Hong Kong – Top Ten Survival Tips Keep a healthy body and mind. First and foremost you need to look after yourself. Get connected. Find an apartment sharpish. Don’t turn down an invitation (unless it’s a Skype date) Working hard, playing harder. Try something new. Network, network, network. There will be tears!
Should I move to HK?
Another reason why you should consider moving to Hong Kong is the diverse atmosphere. The mix of high-end skyscrapers just a ferry ride from island beaches, and the ease of communicating in English makes Hong Kong a dream destination for many expats.
What is average salary in Hong Kong?
Wages in Hong Kong is expected to be 17500.00 HKD/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Hong Kong to stand at 18000.00 in 12 months time.
Is Hong Kong cheap?
Ultimately, Hong Kong can be a relatively cheap holiday. Stick to the local restaurants, walk the streets and markets and stay at a three-star hotel and you won’t leave with an empty pocket.