You must have heard that Hong Kong is expensive. It is even nominated by the BBC to be the most expensive city for expats in 2016. So be prepared. The website Expatisan provides an, in my opinion, accurate overview of prices for most bought products and compares this to other countries. Please check it out to get some feeling for the cost of living in Hong Kong.
But don’t let the prices set you back. It all depends on the choices you make. It can be as expensive as you like, when you go out and dine in the upscale restaurants, go to private schools and hospitals, ride a car and live in a top-notch building. But the beauty is, that you have a choice to eat in more local restaurants, enjoy the same rooftop views with BYO drinks and food, use public schools and hospitals (also high quality), ride public transport (maybe more efficient than a car) and choose to live a bit further from Hong Kong island. So I am convinced that with any budget you can have a great life in Hong Kong. And don’t forget to take into account the lower tax rate when you make your calculations. Let me know if you need any help in setting a budget or want to know more about cost of living in Hong Kong. Happy to answer your questions.