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Cost of Living in Hong Kong
Summary about cost of living in Hong Kong:
- Cost of living index in Hong Kong is 22.49% lower than in New York
- Hong Kong has a cost of living index of 77.51
- Cost of living rank 127th out of 506 cities in the world
- Four-person family monthly costs: 3,125.02$ (24,354.39HK$), without rent (using our estimator)
- A single person spends monthly in average 880.97$ (6,865.74HK$), without rent
| Restaurants | [ Edit ] | Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 50.00 HK$ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 350.00 HK$ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 35.00 HK$ | |
| Domestic Beer (1 pint draught) | 40.00 HK$ | |
| Imported Beer (11.2 oz small bottle) | 47.50 HK$ | |
| Cappuccino (regular) | 34.64 HK$ | |
| Coke/Pepsi (11.2 oz small bottle) | 8.07 HK$ | |
| Water (11.2 oz small bottle) | 6.54 HK$ | |
| Markets | [ Edit ] | |
| Milk (regular), (1 gallon) | 86.20 HK$ | |
| Loaf of Fresh White Bread (1 lb) | 13.71 HK$ | |
| Rice (white), (1 lb) | 5.98 HK$ | |
| Eggs (12) | 24.63 HK$ | |
| Local Cheese (1 lb) | 56.77 HK$ | |
| Chicken Breasts (Boneless, Skinless), (1 lb) | 18.96 HK$ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 71.35 HK$ | |
| Apples (1 lb) | 8.36 HK$ | |
| Banana (1 lb) | 6.52 HK$ | |
| Oranges (1 lb) | 8.68 HK$ | |
| Tomato (1 lb) | 8.13 HK$ | |
| Potato (1 lb) | 7.00 HK$ | |
| Onion (1 lb) | 7.32 HK$ | |
| Lettuce (1 head) | 8.84 HK$ | |
| Water (1.5 liter bottle) | 11.74 HK$ | |
| Bottle of Wine (Mid-Range) | 150.00 HK$ | |
| Domestic Beer (0.5 liter bottle) | 12.92 HK$ | |
| Imported Beer (11.2 oz small bottle) | 15.42 HK$ | |
| Pack of Cigarettes (Marlboro) | 57.00 HK$ | |
| Transportation | [ Edit ] | |
| One-way Ticket (Local Transport) | 10.00 HK$ | |
| Monthly Pass (Regular Price) | 450.00 HK$ | |
| Taxi Start (Normal Tariff) | 22.00 HK$ | |
| Taxi 1 mile (Normal Tariff) | 12.87 HK$ | |
| Taxi 1hour Waiting (Normal Tariff) | 96.00 HK$ | |
| Gasoline (1 gallon) | 55.63 HK$ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 213,000.00 HK$ | |
| Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) | 214,469.09 HK$ | |
| Utilities (Monthly) | [ Edit ] | |
| Basic (Electricity, Heating, Water, Garbage) for 915 sq ft Apartment | 1,467.32 HK$ | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 0.62 HK$ | |
| Internet (60 Mbps or more, Unlimited Data, Cable/ADSL) | 205.45 HK$ | |
| Sports And Leisure | [ Edit ] | |
| Fitness Club, Monthly Fee for 1 Adult | 599.51 HK$ | |
| Tennis Court Rent (1 Hour on Weekend) | 67.84 HK$ | |
| Cinema, International Release, 1 Seat | 90.00 HK$ | |
| Childcare | [ Edit ] | |
| Preschool (or Kindergarten), Private, Monthly for 1 Child | 4,937.50 HK$ | |
| International Primary School, Yearly for 1 Child | 92,800.00 HK$ | |
| Clothing And Shoes | [ Edit ] | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 589.14 HK$ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 270.53 HK$ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 639.29 HK$ | |
| 1 Pair of Men Leather Business Shoes | 972.28 HK$ | |
| Rent Per Month | [ Edit ] | |
| Apartment (1 bedroom) in City Centre | 16,723.21 HK$ | |
| Apartment (1 bedroom) Outside of Centre | 10,946.00 HK$ | |
| Apartment (3 bedrooms) in City Centre | 39,900.00 HK$ | |
| Apartment (3 bedrooms) Outside of Centre | 22,600.00 HK$ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 18,135.45 HK$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 11,161.70 HK$ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 21,056.68 HK$ | |
| Mortgage Interest Rate in Percentages (%), Yearly | 2.25 |
Prices in Hong Kong
These data are based on 3250 entries in the past 12 months from 381 different contributors.
Last update: May 2017
Last update: May 2017
Sources and References:
No sources and references provided yet.
No sources and references provided yet.
11 Comments so far
http://www.tradingeconomics.com/hong-kong/wages
https://hk-magazine.com/article/inside-hk/hk-stories/13825/median-intensity-what-does-average-wage-get-you-hong-kong
Three bedroom apartment on Hong Kong island is easily 35-40,000 HKD/month
Electricity + gas + water is respectively around 5000 HKD/2 months, 2500 HKD/2months + 2000 HKD/3 months = ~4500 HKD/month for a 1100 m2 apartment in Tung Chung.
And what is Outside City Center?
The index from Mid-Levels Hong Kong is defiantly misleading. The price of goods are much lower in reality.
For Example
1.Hong Kong McDonald provides $21 HKD Big Mac/Fish Fillet Combo Meal (USD $2.70)
2.A bottle of water (1.5 Liters) costs between $5-7 HKD (USD $0.75) from 7-11
3.I am using 100Megabit Hong Kong broadband Network and it would only cost me $198 HKD. For 1000 Megabit it would be $268.