Hong Kong
Hong Kong
Hong Kong

Cost of Living in Hong Kong

By Joshua Wood, LPC

Last updated on Nov 27, 2021

Summary: What is the cost of living in Hong Kong? Hear what expats, digital nomads and retirees living in Hong Kong have to say about the cost of housing, health insurance and general living costs.

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Housing Costs in Hong Kong

"Housing costs are astronomically higher in HK than in the USA. I can't really say what the average cost is, as there is a large range depending on the neighborhood and size of the apartment. But it is much higher even than, for example, NYC. Most companies will subsidize housing, at least partially, even if you are a local hire," said another expat in Hong Kong.

"Substantially higher. $40,000HK gets you around 2000 plus feet per month depending on location," remarked another in Hong Kong.

"Housing costs are much higher here. For the price of this flat, I could just about get a mansion in England. Our flat (3000 sq ft) here is not in one of the better locations, but it still cost 6,000,000 Hong Kong dollars in 1989. I am told I could get about 10 million for it now," explained one expat.

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About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000. Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Some of Joshua's more popular articles include Pros and Cons of Living in Portugal, 8 Best Places to Live in Croatia and the Living in Mexico Guide. Connect with Joshua on LinkedIn.

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Living in Hong Kong GuideLiving in Hong Kong Guide

Despite the crowds and high cost of living, Hong Kong lures expats from around the globe. Members in Hong Kong offer advice about where to live, international schools, meeting others in Hong Kong and more.

Hong Kong Forum Hong Kong Forum
Meet other expats and talk about living in Hong Kong.

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Expats offer insight into the cost of living in Hong Kong.

Moving to Hong KongMoving to Hong Kong Guide

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Real Estate in Hong KongReal Estate in Hong Kong

Real estate listings in popular cities and towns in Hong Kong.

Pros Cons of Living in Hong KongPros & Cons of Living in Hong Kong

Take off your rose-colored glasses and learn what expats have to say about the biggest challenges and the greatest rewards of living in Hong Kong.

Contribute to Hong Kong Network Contribute
Help other expats and newcomers by answering questions about the challenges and adventures of living in Hong Kong.

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