China, Hong Kong

Country Full Name: People's Republic of China. Hong Kong Status: Semi-autonomous, special administrative region of China.

Location: China is in Eastern Asia, bordering the East China Sea, Korea Bay, Yellow Sea, and South China Sea, between North Korea and Vietnam.

Country Climate: Extremely diverse; tropical in south to subarctic in north.

Country Terrain: Mostly mountains, high plateaus, deserts in west; plains, deltas, and hills in east.

Major Languages: Chinese (mainly Cantonese), English (both official).

Major Religions: Buddhism, Taoism.

Population: 7.0 million (2008 est.) 7.1 million (2009 est.).

Country Economy: The economy of Hong Kong is characterised by the principle of one country, two systems, whereby Hong Kong runs on economic and political systems different from those of mainland China. Hong Kong is one of the world's leading international financial centres, with a major capitalist service economy characterized by low taxation, free trade and minimum government intervention under the ethos of positive non-interventionism.

Currency: Hong Kong Dollar(HKD).

Inflation: 6.3% (2011 est.).

City: Hong Kong is a special administrative region of the People's Republic of China.

City Economy: Hong Kong's highly favorable geographical position and trading opportunities are wealth-generating assets.

The cost of living in Hong Kong in China is very high compared to other places. The overall cost of living is determined using the prices for defined quantities of the same goods and services across 13 Basket Groups. Hong Kong in China is currently ranked 2 overall out of 950 places (rank 1 is most expensive: rank 950 is least expensive). The cost of living rank for each of the 13 Basket Groups is as follows:

Alcohol & Tobacco costs are very high compared to other places for items such as alcoholic beverages, alcohol at a bar, beer, locally produced spirit, whiskey, and wine (where alcohol is legally sold) as well as for tobacco products such as cigarettes. There are 149 places that are more expensive, and 800 places that are less expensive for alcohol and or tobacco.

Clothing costs are high compared to other places for items such as clothing and footwear products, business suits, casual clothing, childrens clothing and footwear, coats and hats, evening wear, shoe repairs, and underwear. There are 209 places that are more expensive, and 740 places that are less expensive for clothing.

Communication costs are high compared to other places for various communication costs such as home telephone rental and call charges, internet connection and service provider fees, mobile / cellular phone contract, data, and calls. There are 378 places that are more expensive, and 571 places that are less expensive for communication.

Education costs are very low compared to other places for items such as creche / pre-school fees, high school / college fees, primary school fees, and tertiary study fees. There are 852 places that are more expensive, and 97 places that are less expensive for education.

Furniture & Appliance costs are very low compared to other places for items such as furniture, household equipment and appliances, DVD player, fridge freezer, iron, kettle, toaster, microwave, light bulbs, television, vacuum cleaner, and washing machine. There are 866 places that are more expensive, and 83 places that are less expensive for furniture and appliances.

Grocery costs are very high compared to other places for items such as food, non-alcoholic beverages and cleaning material items such as baby consumables, baked goods, baking, canned foods, cheese, cleaning products, dairy, fresh fruits, fresh vegetables, fruit juices, meat, oil & vinegars, pet food, pre-prepared meals, sauces, seafood, snacks, soft drinks, spices & herbs . There are 22 places that are more expensive, and 927 places that are less expensive for groceries.

Healthcare costs are very high compared to other places for general healthcare, medical and medical insurance, general practitioner consultation rates, hospital private ward daily rate, non-prescription medicine, and private medical insurance / medical aid contributions. There are 1 places that are more expensive, and 948 places that are less expensive for healthcare.

Household Accommodation costs are very high compared to other places for items such as housing, water, electricity, household gas, household fuels, local rates and residential taxes, mortgage, house / flat rental, household electricity consumption, household gas / fuel consumption, household water consumption, and local property rates / taxes / levies. There are 0 places that are more expensive, and 949 places that are less expensive for household accommodation.

Miscellaneous costs are high compared to other places for items such as stationery, linen, general goods and services, domestic help, dry cleaning, linen, office supplies, newspapers and magazines, and postage stamps. There are 296 places that are more expensive, and 653 places that are less expensive for miscellaneous items.

Personal Care costs are average compared to other places for items such as personal care products and services, cosmetics, hair care, moisturizer / sun block, nappies, pain relief tablets, toilet paper, toothpaste, and soap / shampoo / conditioner. There are 410 places that are more expensive, and 539 places that are less expensive for personal care.

Recreation and Culture costs are average compared to other places for items such as books, camera film, cinema tickets, DVDs and CDs, sports goods, and theatre tickets. There are 480 places that are more expensive, and 469 places that are less expensive for recreation and culture.

Restaurants, Meals Out and Hotel costs are high compared to other places for items such as a business dinner, dinner at a restaurant (non fast food), hotel rates, take away drinks and snacks (fast food). There are 379 places that are more expensive, and 570 places that are less expensive for restaurants, meals out and hotels.

Transport costs are very high compared to other places for items such as public transport, vehicle costs, vehicle fuel, vehicle insurance and vehicle maintenance, hire purchase / lease of vehicle, petrol / diesel, public transport service maintenance, tires, vehicle Insurance, and vehicle purchase. There are 152 places that are more expensive, and 797 places that are less expensive for transport.

Personalized cost of living indexes for Hong Kong in China are based on the basket groups and comparison location(s) selected in the Calculators.

In terms of the hardship people are likely to experience, assessed in global terms, Hong Kong in China is ranked as some hardship with a hardship index of 20%.

Personalized hardship index premiums for Hong Kong in China are based on the comparison location(s) selected in the Calculators.

Note: Xpatulator.com data is updated quarterly. The latest update is at at 1 January 2012. Create a personalized cost of living comparison report using the calculators:
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