Is the cost of living in Clearwater Bay high?

"Clearwater Bay, is considered one of the more affluent areas in the city, and as such, the cost of living is relatively high. Housing is the most significant expense, with rental prices for apartments and houses being quite steep, especially for properties with a sea view or those located near the beach. The cost of groceries and dining out in Clearwater Bay is also higher than the average in Hong Kong. Imported goods, in particular, can be quite expensive. Transportation costs can vary. While public transportation like buses and minibuses are reasonably priced, owning a private vehicle can be costly due to high parking fees and fuel costs. Education costs are another significant expense for families living in Clearwater Bay. International schools in the area charge high tuition fees. Healthcare in Hong Kong is generally expensive, and Clearwater Bay is no exception. While public healthcare is subsidized, private healthcare can be quite costly. Overall, while the cost of living in Clearwater Bay is high, it offers a high standard of living with its beautiful beaches, hiking trails, and high-quality amenities," remarked another expat who made the move to Clearwater Bay, Hong Kong.