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International Cost of Living Calculator

We provide international cost of living and hardship data so that you can create reports online (24X7) using any of the calculators:


Expat Salary: Salary purchasing power parity calculator, for simple cost of living comparison and international salary calculation (e.g. to compare a salary offer).


Cost of Living Comparison: Cost of living allowance calculator, compares cost of living and hardship and calculates a cost of living allowance based on the difference.


International Cost of Living Index: Cost of living index calculator, compares multiple locations to a home base (e.g. international offices compared to HQ).


International Assignment: International assignment management calculator, for global mobility managers who use the build-up approach for detailed international assignment salary and allowance calculations.

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Mobility Calculators

Do you need a Cost of Living Comparison Calculator?

The global cost of living calculators have been created to compare the cost of living in every country and major city in the world, to help you manage short and long term assignments (page down for a description of each cost of living calculator):

Cost of Living Allowance
Cost of Living Index
International Assignment Management
Salary Purchasing Power Parity
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Pricing

International Cost of Living Calculator Pricing


7 Day Subscription = $39 per location (minimum of 2 locations required)


Annual Subscription = $89 per location (minimum of 2 locations required)


See below for full details


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Reports within minutes


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Location Rankings

Cost of Living Comparison by City and Country


Find out the World Rankings Today


Most Expensive Location Rankings


Latest Basket Group Rankings


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Location Reviews

Cost of Living Review by City and Country

Help

International Cost of Living Help

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China, Hong Kong
Overview

China, Hong KongHong Kong is a special administrative region of the People's Republic of China. Hong Kong's highly favourable geographical position and trading opportunities are wealth-generating assets.

China is in Eastern Asia, bordering the East China Sea, Korea Bay, Yellow Sea, and South China Sea, between North Korea and Vietnam. The climate in Hong Kong is subtropical with a warm and humid spring, hot and rainy summer, pleasant and sunny autumn, and a cool and dry winter.

The official languages are Chinese and English. Business is conducted in English, which all Hong Kong business people speak, although they may converse in Cantonese with their colleagues. Overall, the standard of spoken English outside business circles has deteriorated in recent years, making communication for non-Cantonese speakers increasingly difficult in many routine transactions. The main religions are Buddhism and Taoism.

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.

Business introductions are usually formal, for example it is expected to use formal professional titles followed by surname. Expatriate business dress is conservative. Men typically wear a suit and tie, while women wear a dress or a skirt and blouse.

The security risk for expatriates in Hong Kong is low overall. Risks are mainly petty crime such as tourist scams, muggings and business corruption, as well as those related to protests.

The currency of Hong Kong is the Hong Kong Dollar (HKD). Banking is on a par with that of Western Europe and North America.

Medical facilities are good, however the cost of treatment for expatriates can be high. People entering HK may undergo temperature screening at borders. Depending on the results, further medical examinations may be required.

The population of Hong Kong is 7.2 Million (2016 est.), while the inflation rate is 0.5% (Mar 2017).


Cost Of Living

The cost of living for expatriates / professional migrants in Hong Kong as at 1 April 2017 is very high in comparison to other places in the world.

In Hong Kong, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports):
1) Alcohol (where available) & Tobacco: High
2) Clothing: Very High
3) Communication: Low
4) Education: High
5) Furniture & Appliances: Average
6) Groceries: Very High
7) Healthcare: Very High
8) Household Accommodation: Very High
9) Miscellaneous: Very High
10) Personal Care: Very High
11) Recreation & Culture: Very High
12) Restaurants Meals Out and Hotels: Very High
13) Transport: Very High

Hong Kong is for example 83.3% more expensive than Houston TX for groceries, 370.8% more expensive for household costs than Kuala Lumpur, and 52.4% more expensive for transport costs than Dubai.

Hong Kong is ranked as a some hardship location.

The hardship premium for Hong Kong for an expat from Perth, is for example 10%, i.e. host location (Hong Kong) premium of 20% minus home (Perth) location premium of 10%.

Want to know more about cost of living, hardship (quality of living) or expat salary in Hong Kong? Register subscribe to your home location and Hong Kong and run your personalised reports.

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