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Cost of Living in Central, Hong Kong | Expat Exchange
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Cost of Living in Central, Hong Kong

By Joshua Wood, LPC

Last updated on Apr 25, 2025

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

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Is the cost of living in Central high?

We asked people how much they someone comfortably live on in Central, they wrote:

"Living in Central is considered to be quite expensive. The cost of housing is one of the highest in the world, with both rent and property prices being significantly high. A small apartment in the city center can cost a fortune, and larger family homes are even more expensive. The cost of food and groceries is also high in Central, Hong Kong. Dining out at restaurants can be pricey, especially in upscale establishments. However, there are also plenty of cheaper local eateries and street food options. Transportation costs in Central, Hong Kong are relatively reasonable. The city has an efficient public transportation system, including buses, trams, and the MTR (Mass Transit Railway). Taxis are also available but are more expensive. Education costs can be quite high, especially for international schools, which are often the choice for expatriates. Local schools, on the other hand, are more affordable. Healthcare in Hong Kong is excellent, but it can also be expensive, particularly for private healthcare. The city has both public and private hospitals, and the cost can vary greatly between the two. Overall, while the cost of living in Central, Hong Kong is high, it offers a high standard of living, with excellent facilities and infrastructure," remarked one in Central.

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Will I save money living in Central?

"The cost of living in Central is generally higher than in most parts of the United States. Rent, groceries, and dining out tend to be more expensive in Hong Kong. However, some expenses like public transportation can be cheaper. It's also worth noting that healthcare in Hong Kong is excellent and can be less expensive than in the U.S., depending on your insurance. Overall, whether or not you save money will depend on your lifestyle, income, and spending habits," said one expat in Central.

What is the average cost of housing in Central?

If you are thinking about moving to Central, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Central is among the highest in the world. Prices can vary greatly depending on the size and location of the property. For a small apartment in the city center, you could expect to pay a significant amount. Larger, luxury apartments and houses can cost considerably more. It's also worth noting that the cost of living in Hong Kong is generally high, with groceries and utilities also being more expensive than in many other cities," wrote a person living in Central.

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About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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