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Old 03-10-2013, 08:30 PM
 
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In Hong Kong is housing the only thing that is ridiculously expensive? Or is everything ridiculously expensive?

Other things might include - restaurants, shopping, groceries, transportation, healthcare, entertainment etc.

Thank you for your response.
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Old 03-10-2013, 08:58 PM
 
Location: City of Angels
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totally depends how you spend money. HK always ends up near the top of mercer's cost of living list but the main reason for that is because the survey is geared towards rich expats/corporate execs with expensive accounts. if you are cool with public transport and eating like locals do than food and transport are not going to be very expensive. but if you need absolutely refuse to live without your own private car and wont eat at anything less than a 5 star restaurant then hk can be very expensive.
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Old 03-11-2013, 05:56 AM
 
Location: Striving for Avalon
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Quote:
Originally Posted by foadi View Post
totally depends how you spend money. HK always ends up near the top of mercer's cost of living list but the main reason for that is because the survey is geared towards rich expats/corporate execs with expensive accounts. if you are cool with public transport and eating like locals do than food and transport are not going to be very expensive. but if you need absolutely refuse to live without your own private car and wont eat at anything less than a 5 star restaurant then hk can be very expensive.
Agreed. Hong Kong caters to literally every budget. I found it to be "good value for money" as the Brits say. I felt that my dollar went farther (with regard to quality/satisfaction). For example, I had a Michelin star Cantonese dinner for US$60, including French wine. I've also been satisfied by the $6 meals. At the highest end, the Mandarin Oriental and Peninsula offer some of the best experiences in the world.

That said, one can live on $150HKD ( $19.30 US) when travelling there if they are ok with roughing it. It is expensive by Asian standards, but I saw no reason to spend fortunes unless you wanted to.
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Old 03-11-2013, 09:27 AM
 
Location: Hong Kong
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Food, and other daily expenses are not expensive here comparing to western countries. Only housing is very expensive.
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Old 03-11-2013, 01:47 PM
 
Location: Earth
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Originally Posted by Amelorn View Post
Agreed. Hong Kong caters to literally every budget. I found it to be "good value for money" as the Brits say. I felt that my dollar went farther (with regard to quality/satisfaction). For example, I had a Michelin star Cantonese dinner for US$60, including French wine. I've also been satisfied by the $6 meals. At the highest end, the Mandarin Oriental and Peninsula offer some of the best experiences in the world.

That said, one can live on $150HKD ( $19.30 US) when travelling there if they are ok with roughing it. It is expensive by Asian standards, but I saw no reason to spend fortunes unless you wanted to.
Where do you stay, if I might ask.

I used to stay in Kowloon on Flower Market Street with a friend.
So the price was perfect.
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Old 03-11-2013, 03:45 PM
 
Location: City of Angels
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Originally Posted by chielgirl View Post
Where do you stay, if I might ask.

I used to stay in Kowloon on Flower Market Street with a friend.
So the price was perfect.
prolly a dorm situation unless amelorn was staying somewhere for free. private rooms are usually at least 200hkd per night in the cheaper guesthouses. i'm not much for hyperbudget trips, typically average around 600hkd/day in hong kong. don't really consider myself to be roughing it on that budget either, it's enough for a centrally located room/ensuite bath in a decent/clean guesthouse, three full meals at a range of restaurants, and plenty left over for daily activities around the city. by comparison, i don't think it would be possible to do the same on a US$75/day budget in the large US and european cities.
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Old 03-11-2013, 05:55 PM
 
Location: San Francisco Bay Area
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Housing is expensive in HK. Food and transportation is a good value compared to most US cities.
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Old 03-11-2013, 07:46 PM
 
Location: Striving for Avalon
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Originally Posted by foadi View Post
prolly a dorm situation unless amelorn was staying somewhere for free. private rooms are usually at least 200hkd per night in the cheaper guesthouses. i'm not much for hyperbudget trips, typically average around 600hkd/day in hong kong. don't really consider myself to be roughing it on that budget either, it's enough for a centrally located room/ensuite bath in a decent/clean guesthouse, three full meals at a range of restaurants, and plenty left over for daily activities around the city. by comparison, i don't think it would be possible to do the same on a US$75/day budget in the large US and european cities.
Those weren't my personal experiences. My Hong Kong hotels are more in the $1,500-$1,600 HKD range (The Prince Marco Polo, Harbour Grand Hong Kong etc).
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Old 03-14-2013, 03:33 AM
 
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As the others have said, housing in HK is frightfully expensive, but everything else is a bargain as long as you live like the locals. If you insist on eating American food all the time, it'll get a little expensive. But even McDonalds is cheaper in HK than in the US, and you'll find that buying butter and cheese from New Zealand is cheaper than buying American products, and fruit juices from Israel and the Philippines taste just as good as the more expensive American stuff. Besides, part of the fun in living in the Crossroads of Asia is trying the awesome food that you can't get in the US.

But really, you'll find that eating out, HK style, is very cheap, usually cheaper than making your own food. I lived in a HK-style flat which meant I had a HK-style kitchen--no oven, and a very small refrigerator, so I ate out all the time. Even getting a big bowl of noodles at Circle K was tasty and cheap. My food bill (and waist line) went up considerably after I came back to the US.

As for clothing, it's a no brainer. If you buy all your clothes at Lane Crawford, yeah you'll spend a small fortune. But I went to Macau for tailor-made cashmere suits for less than US$100 and bought most of my other clothes at Stanley Market. Yes, Stanley is touristy, but their clothes fit us bigger Americans, and it's still a ton cheaper than buying clothes in the US (especially from that rugby shop at Stanley). Plus, the bus ride out to Stanley is an adventure! And, of course, there was always the occasional Shenzhen run for things like luggage, briefcases, watches, pens, DVDs, and other odds and ends.
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Old 03-14-2013, 09:17 AM
 
Location: San Francisco Bay Area
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4 and 5 star hotels are also very expensive, and small by US standards. But, eating out in HK (like a local) is a bargain.
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