The Cost of Living and Monthly Expenses in Hong Kong(2023 Updated)
The Cost of Living and Monthly Expenses in Hong Kong Hong Kong, a bustling metropolis known for its vibrant culture, stunning skyline, and thriving business environment, is also infamous for its high cost of living. Living in Hong Kong comes with a hefty price tag, encompassing housing, education, entertainment, food and drinks, transportation, and groceries. In this article, we'll break down the monthly expenses for each category, giving you a comprehensive understanding of the financial landscape in this city. Table of Contents Housing Education Entertainment Food and Drinks Transportation Groceries Total Monthly Expenditure Housing Housing constitutes a significant portion of monthly expenses in Hong Kong. The city is renowned for its sky-high property prices and limited living space. Here's a breakdown of typical housing expenses: Rent for a one-bedroom apartment in the city center: $2,500 - $5,000 per month Utilities (electricity, water, gas, internet): $150 - $300 per m...