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Old 16th Sep 2011, 23:54
  #3134 (permalink)  
Wallstreet
 
Join Date: Sep 2011
Location: Netherlands
Age: 32
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Living costs in Honk Kong

Hello,

Despite reading a whole lot of the Cathay thread here, I'm still considering applying for the cadet program.
I am trying to find out how the costs of living are in HK for a single.
It seems to me there are quit a lot of cheap appartments, but I wonder if any extra costs are attached when you hire such a appartment. I see a lot of appartments in the range of 10.000 HKD.

But I wonder if there are extra costs in hiring such an appartment.
For example,

Management Fee
Government Rate
Government Rent

What rates are to be expected, and are there more costs that I'm not aware of ?

I have also found that indeed food is very expensive in Hong Kong, but you can save a hell of a lot by shopping in local supermarkets rahter then the ''expat'' supermarkets ?

I would like to make a list of living costs to see what you would have left to live from after your normal expensis.

45.000 pay
- 7000 tax
- 10.000 appartment
- 3.500 food ?
- 1.500 insurance ?
- 5000 transport through HK ?
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that would leave: 18,000 HKD ?

Please note that I have never been in Honk Kong and I have just quessed these figures, and I may have forgot to include costs ?

Hope some of you living in Honk Kong can help me with this..
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