The Macao Special Administrative Region is one of the two special administrative regions of the People's Republic of China, the other being Hong Kong. Macao's economy is based largely on tourism, much of it geared toward gambling. Other chief economic activities in Macau are export-geared textile and garment manufacturing, banking and other financial services. The clothing industry has provided about three quarters of export earnings, and the gaming, tourism and hospitality industry is estimated to contribute more than 50% of Macau's GDP, and 70% of Macau government revenue. 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 Macao is generally warm and foggy in spring, hot and rainy in summer, cool and clear in autumn, and cold but sunny in winter. The official languages are Chinese and Portuguese. Cantonese is the most widely spoken dialect, though Mandarin is also spoken and visitors are encouraged to use it if they can. English is the most widely spoken foreign language. Portuguese is spoken by a few residents, but is still one of the official languages and is used by the police and government offices. The main religions are Buddhism and Christianity. The economy of Macao is characterised by the policy of "one country, two systems", by which the Central People's Government is responsible for Macao's defence and foreign affairs, while Macao maintains its own legal system, police force, monetary system, customs policy, immigration policy, and delegates to international organisations and events. The territory has thriving industries such as textiles, electronics and toys, and a notable tourist industry. This makes it one of the richest cities in the world. Expatriate business dress is conservative, a lightweight suit and tie for men and a lightweight suit or equivalent for women. Expatriates should be aware that displays of emotion, such as anger, are frowned upon. If an expatriate becomes angry, their Chinese counterpart may react by laughing. This is a way of maintaining self-respect. The security risk for expatriates in Macao is low to medium. Risks include petty crime and scams, particularly in crowded areas. The currency of Macao, SAR is the Macau Pataca (MOP). Banking is on a par with that of Western Europe and North America. Medical facilities are good however costs of treatment for expatriates can be high. Dengue Fever is common. The population of Macao is 651,000 (2019 est.), while the inflation rate (CPI) is 2.73% for Macau as at September 2019. Xpatulator Hypothetical Tax for China is based on the current personal income tax rates which are progressive up to 45%.
Cost Of Living
The cost of living for expatriates / professional migrants in We have collected prices for the same items, world wide, based on Expat spending norms, in or closest to the location, and converted them to $USD so that we can compare the cost of 13 different baskets in 780 global locations. For each basket, compared to New York, the equivalent cost in Macao is as follows: Macao as at 1 November 2019 is very high in comparison to other places in the world. 1) Alcohol and/or Tobacco: for items such as beer, spirits, wine and tobacco related products such as cigarettes. A basket costing USD$1000 in New York costs USD$760. Average price in a store for a midrange bottle of wine is USD$11.15, domestic/local beer (500ml) USD$1.70, imported/international beer (330ml) USD$3.44 and a pack of 20 cigarettes is USD$6.19. 2) Clothing: for items such as business, casual and children's clothing and footwear. A basket costing USD$1000 in New York costs USD$1050. Average price for an international brand of mens jeans is USD$74, a quality international brand of running shoes USD$86, mens leather shoes suitable for office wear USD$109 while a medium size international summer dress from a global chain store is USD$26. 3) Communication: for various communication costs such as home telephone rental, internet subscription, mobile service provider tariff and data costs. A basket costing USD$200 in New York costs USD$138. Average price for a monthly standard plan internet subscription is USD$27, while the benchmark mobile tariff is USD$0.07 per minute. 4) Education: for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. A basket costing USD$30000 in New York costs USD$34500. Average annual private international school fee (excluding extras) USD$22,348 for Primary School, and USD$24,869 for High School. 5) Furniture & Appliances: for items such as dining table and chairs, home entertainment, kitchen appliances, and sofas. A basket costing USD$2500 in New York costs USD$3100. Average price for a 6kg front loader Washing Machine is USD$855, and USD$734 for a 46+'' LED UHD TV. 6) Groceries: for items such as consumables, cleaning products, dairy, fresh fruit & vegetables, general food products, snacks, soft drinks. A basket costing USD$1000 in New York costs USD$950. Average grocery prices in a major international retail store for 1 kg apples is USD$3.25, 1 kg oranges USD$3.10, 1 head lettuce USD$1.55, 1 kg potatos USD$2.79, 1 kg boneless, skinless, chicken breast USD$5.78, 1 kg cheddar cheese USD$11.35, 1 dozen large eggs USD$2.12, 500g loaf white bread USD$1.69, 1 L full cream milk USD$1.98, and 1.5 L water USD$1.19. 7) Healthcare: for general heath care, doctor visits, hospital stays, non-prescription medicine, and medical insurance. A basket costing USD$1000 in New York costs USD$860. Average healthcare cost for a private practice Doctor visit for an uninsured patient is USD$70, and a private hospital stay per day including nursing care, medications, diagnostic tests, food, and related costs is USD$2,144. 8) Household Accommodation: for items such as apartment rent, house rent, property purchase, mortgage rate, and utilities. A basket costing USD$5000 in New York costs USD$6500. Average expatriate house / apartment rent for a secure upmarket unfurnished apartment (3 bedrooms) is USD$5,473 in a central location, and USD$3,480 in a suburban location, per month, excluding utilities. 9) Miscellaneous: for items such as dry cleaning, linen, magazines, newspapers, office supplies, and postage stamps. A basket costing USD$500 in New York costs USD$745. Average price for dry cleaning (1 mens 2 pc suit) is USD$14.51, while an international newspaper is USD$4.46. 10) Personal Care: for items such as cosmetics, hair care, and toiletries. A basket costing USD$500 in New York costs USD$470. Average cost for a mens haircut and blow dry is USD$37, while a womens hair colour, cut and blow dry - medium length is USD$187. 11) Recreation & Culture: for items such as books, cinema, sport and theatre tickets. A basket costing USD$500 in New York costs USD$515. Average price for a latest release international cinema ticket (average of on and off peak where applicable) for one adult is USD$14.86, and an international fitness, recreation or sports club membership cost for one adult is USD$105 per month. 12) Restaurants Meals Out and Hotels: for items such as hotel daily room rates, meals and beverages in a restaurant, and take away food and beverages. A basket costing USD$1000 in New York costs USD$910. Average cappuccino price (regular, medium) is USD$4.05, coke/pepsi (330ml) USD$0.96, burger meal (international franchise or similar) USD$4.95, and a mid-range international restaurant meal for 2 USD$37.16. 13) Transport: for items such as fuel (petrol/gasoline), car hire, public transport, vehicle purchase and maintenance. A basket costing USD$1000 in New York costs USD$870. Average average price over the last year for highest available octane petrol / gasoline (1L) is USD$1.36, while the benchmark car sedan purchase price including taxes/duties for a compact / small / economy vehicle (1.4 L) is USD$22,294. Macao is 47.8% more expensive than Houston TX for groceries, 204.6% more expensive for household costs than Kuala Lumpur, and 47.9% more expensive for transport costs than Dubai. The hardship premium for Macao for an expat from Perth, is for example 10%, i.e. host location (Macao) premium of 20% minus home (Perth) location premium of 10%. Macao is ranked as a some hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Macao? Register subscribe to your home location and Macao and run your personalised reports.