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Cost of Living in Hong Kong
Summary about cost of living in Hong Kong:
- Four-person family monthly costs: 3,166.91$ (24,733.13HK$) without rent (using our estimator).
- A single person monthly costs: 888.68$ (6,940.46HK$) without rent.
- Cost of living index in Hong Kong is 20.66% lower than in New York.
- Cost of living rank 139th out of 518 cities in the world.
- Hong Kong has a cost of living index of 79.34.
| Restaurants | [ Edit ] | Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 50.00 HK$ | |
| 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) | 45.00 HK$ | |
| Imported Beer (11.2 oz small bottle) | 50.00 HK$ | |
| Cappuccino (regular) | 34.74 HK$ | |
| Coke/Pepsi (11.2 oz small bottle) | 8.40 HK$ | |
| Water (11.2 oz small bottle) | 6.75 HK$ | |
| Markets | [ Edit ] | |
| Milk (regular), (1 gallon) | 86.84 HK$ | |
| Loaf of Fresh White Bread (1 lb) | 13.82 HK$ | |
| Rice (white), (1 lb) | 6.32 HK$ | |
| Eggs (regular) (12) | 24.68 HK$ | |
| Local Cheese (1 lb) | 51.37 HK$ | |
| Chicken Breasts (Boneless, Skinless), (1 lb) | 19.93 HK$ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 74.18 HK$ | |
| Apples (1 lb) | 9.10 HK$ | |
| Banana (1 lb) | 6.96 HK$ | |
| Oranges (1 lb) | 9.15 HK$ | |
| Tomato (1 lb) | 8.43 HK$ | |
| Potato (1 lb) | 7.65 HK$ | |
| Onion (1 lb) | 7.46 HK$ | |
| Lettuce (1 head) | 9.99 HK$ | |
| Water (1.5 liter bottle) | 11.69 HK$ | |
| Bottle of Wine (Mid-Range) | 150.00 HK$ | |
| Domestic Beer (0.5 liter bottle) | 13.33 HK$ | |
| Imported Beer (11.2 oz small bottle) | 15.86 HK$ | |
| Pack of Cigarettes (Marlboro) | 57.00 HK$ | |
| Transportation | [ Edit ] | |
| One-way Ticket (Local Transport) | 10.00 HK$ | |
| Monthly Pass (Regular Price) | 460.00 HK$ | |
| Taxi Start (Normal Tariff) | 22.00 HK$ | |
| Taxi 1 mile (Normal Tariff) | 13.68 HK$ | |
| Taxi 1hour Waiting (Normal Tariff) | 96.00 HK$ | |
| Gasoline (1 gallon) | 56.11 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) | 217,532.86 HK$ | |
| Utilities (Monthly) | [ Edit ] | |
| Basic (Electricity, Heating, Water, Garbage) for 915 sq ft Apartment | 1,380.22 HK$ | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 0.58 HK$ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 205.41 HK$ | |
| Sports And Leisure | [ Edit ] | |
| Fitness Club, Monthly Fee for 1 Adult | 606.77 HK$ | |
| Tennis Court Rent (1 Hour on Weekend) | 65.88 HK$ | |
| Cinema, International Release, 1 Seat | 90.00 HK$ | |
| Childcare | [ Edit ] | |
| Preschool (or Kindergarten), Private, Monthly for 1 Child | 5,280.00 HK$ | |
| International Primary School, Yearly for 1 Child | 98,200.00 HK$ | |
| Clothing And Shoes | [ Edit ] | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 581.60 HK$ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 268.98 HK$ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 642.91 HK$ | |
| 1 Pair of Men Leather Business Shoes | 980.90 HK$ | |
| Rent Per Month | [ Edit ] | |
| Apartment (1 bedroom) in City Centre | 16,532.79 HK$ | |
| Apartment (1 bedroom) Outside of Centre | 10,950.00 HK$ | |
| Apartment (3 bedrooms) in City Centre | 39,982.14 HK$ | |
| Apartment (3 bedrooms) Outside of Centre | 23,517.86 HK$ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 18,896.32 HK$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 11,694.78 HK$ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 20,992.04 HK$ | |
| Mortgage Interest Rate in Percentages (%), Yearly | 2.25 |
Prices in Hong Kong
These data are based on 3512 entries in the past 12 months from 406 different contributors.
Last update: July 2017
Last update: July 2017
Sources and References:
No sources and references provided yet.
No sources and references provided yet.
12 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.