Amenities & Cost of Living

It takes a lot to move abroad, but it costs considerably less to live in Hong Kong if you are prepared. The elephant in the room is that housing will probably take a big bite out of your pie, but it’s not as bad as you might think. The cost of living here, with all things considered, is very affordable, considering it’s a global financial centre.

Eating out is inexpensive. Hongkongers have always loved dining out, and eateries are popping up left and right to cater to the ever-increasing appetite for take-home orders. A full meal at a local cha chaan teng (Hong Kong-style cafe) will cost you no more than HK$60 (less than US$8), and it’s tax-free, with tips not expected.

With the 5G network reaching more than 90 per cent of the city, Hong Kong boasts increased bandwidth and higher download speeds, and there is a low monthly fee for telecommunications services: you can find a data plan covering the Mainland, Hong Kong and Macau networks starting at just HK$108, plus prepaid monthly SIM cards for HK$88 up. If you want to save a few dollars, skip the 5G plan altogether! Wi-Fi.HK is a government-led initiative establishing over 5,000 free WIFI hotspots in the city.

Groceries, transport, and utility costs add up, but they do so much slower in Hong Kong. The city’s warm climate and proximity to Mainland China mean low electricity bills and affordable, fresh produce. The public transport system of Hong Kong is heavily invested in promoting public transit. Crossing the Victoria Harbour on the Star Ferry, for example, costs less than HK$4, which translates to under US$0.5!