What is the average cost of housing in Hong Kong?

"Housing costs are astronomically higher in HK than in the USA. I can't really say what the average cost is, as there is a large range depending on the neighborhood and size of the apartment. But it is much higher even than, for example, NYC. Most companies will subsidize housing, at least partially, even if you are a local hire," explained one expat living in Hong Kong, Hong Kong.

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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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"The cost of housing in Hong Kong is generally high, with prices varying depending on the location and type of property. On average, a one-bedroom apartment in the city centre can cost around HK$20,000 per month, while a three-bedroom apartment in the suburbs can cost around HK$15,000 per month. Prices for larger properties can be significantly higher," said another expat in Hong Kong, Hong Kong.