Cost of Living in Hong Kong

Hong Kong

Summary

Cost of living in Hong Kong, Hong Kong is $3,725 and it seems expensive according to the average monthly salary which is $2,584. For more insights check the list of average prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$3,725
Cost of Living
$2,584
Average Salary
$3,060
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$2,354.23
Apartment (1 bedroom) Outside of Centre
$1,693.98
Apartment (3 bedrooms) in City Centre
$5,076.79
Apartment (3 bedrooms) Outside of Centre
$3,200.09

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$2,583.96
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
%2.58

Utilities (Monthly)

Name
Price
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$216.75
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.07
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$25.71

Markets

Name
Price
Milk (regular), (1 liter)
$2.83
Loaf of Fresh White Bread (500g)
$2.35
Eggs (regular) (12)
$3.13
Local Cheese (1kg)
$23.93
Water (1.5 liter bottle)
$1.92
Bottle of Wine (Mid-Range)
$16.33
Domestic Beer (0.5 liter bottle)
$1.79
Imported Beer (0.33 liter bottle)
$2.59
Cigarettes 20 Pack (Marlboro)
$7.71
Apples (1kg)
$3.73
Chicken Breasts (Boneless, Skinless), (1kg)
$11.55
Oranges (1kg)
$3.35
Potato (1kg)
$2.98
Lettuce (1 head)
$1.8
Rice (white), (1kg)
$2.38
Tomato (1kg)
$3.42
Banana (1kg)
$2.46
Onion (1kg)
$3.08
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$20.88

Transportation

Name
Price
One-way Ticket (Local Transport)
$1.42
Monthly Pass (Regular Price)
$64.14
Gasoline (1 liter)
$2.1
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$32,232.49
Taxi Start (Normal Tariff)
$3.11
Taxi 1km (Normal Tariff)
$1.29
Taxi 1hour Waiting (Normal Tariff)
$12.83
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$29,062.81

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$78.55
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$39.75
1 Pair of Nike Running Shoes (Mid-Range)
$87
1 Pair of Men Leather Business Shoes
$137.38

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$6.77
Meal for 2 People, Mid-range Restaurant, Three-course
$55.87
McMeal at McDonalds (or Equivalent Combo Meal)
$4.51
Domestic Beer (0.5 liter draught)
$6.23
Imported Beer (0.33 liter bottle)
$6.55
Coke/Pepsi (0.33 liter bottle)
$1.55
Water (0.33 liter bottle)
$1.2
Cappuccino (regular)
$4.57

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$81.35
Tennis Court Rent (1 Hour on Weekend)
$8.75
Cinema, International Release, 1 Seat
$13.11

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$764.8
International Primary School, Yearly for 1 Child
$17,211.51

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$30,912.91
Price per Square Meter to Buy Apartment Outside of Centre
$19,719.82

Questions

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

The total cost of living is around $3,725 in Hong Kong. The average rent in Hong Kong for a one-bedroom apartment in the city centre is approximately $3,060 per month, and utilities cost around $217 a month. Other costs will be around $881 including markets, transportation, restaurants, and sports and leisure for one-person.

Is Hong Kong expensive to live?

Hong Kong seems false expensive to live in according to the average monthly salary which is $2,584. You probably need to make more than $2,584 to live comfortable in Hong Kong.

What is the average salary in Hong Kong?

A person working in Hong Kong typically earns around $2,584 per month (After tax) and it's not qualification specific. $2,584 is not a good salary according to average cost of living which is $3,725.

What is the average rent in Hong Kong?

The average one-bedroom apartment in Hong Kong city centre stands at around $3,060 per month. If you're okay with an apartment outside of the city centre that will be cost around $2,202.