I am currently weighing up whether or not to accept a job in Hong Kong. My dilemna is that I am currently in Shanghai and living a good life with a daily budget of 100 RMB/day and saving the rest.
My question is: Can one live a reasonable life on $HK100 a day in Hong Kong (excluding rent and utilities of course)?
It would be particularly interesting to hear from anyone who has come from Shanghai with comparisons on costs of living etc.
Thanks!
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take also into consideration that lunch averages 50 hk dollars (in central at least) but you can go really below that number if you go to the local shops. also take into consideration transportation costs to and from your work not unless you want to live near work so you can forego any transport costs.
so is $100 budget a day include having a drink and a meal with friends ?
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if you will have to have breakfast, lunch outside, it takes at least $60-70 per day (Central exclusive). Plus a high transportation cost, nothing you can leave for magazines, beers, newspaper, drinks.... it really depends on whether you can stand like that!!
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At local fast food chains, breakfast set is around $15-$20, lunch set is $22-$35, tea set is $12-$20, dinner set is $28-$50. Coffee is $9-$12. Bowl of wonton noodle is $16-$20.
Honestly, it really depends on how you live your life. If you are used to frugal living, you would be a happy camper with $100 per day.
But then if you have meals with wine at nice restaurants, coffee breaks at Starbucks or Pacific Coffee, drinks at the bars after work, movies, then a budget at a minimum of $1000 per day is more realistic.
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Thanks to all for the advice.
What's the cost of taking the subway every month, say 5-6 stations to and from work each day?
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go to the mtr website for more info
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Also take into consideration the lower taxes in Hong Kong. Provided you ear the same income and want to save the same amount of money, you have more to spend....
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