Expert Info
on 1 Jun 2015
Hi All, I am KP, currently residing in India, and have got a job offer in Hong Kong (Quarry Bay) for an IT organization, I will be getting approx 35000 HKD per month after taxes. Here are my questions. 1. I am planning to stay in the surrounding areas of Quarry Bay, and trying to get a 300-400 S.ft of accommodation under 12000 K per month. Is it possible ? 2. My wife will be staying along with me, we are vegetarians, what can be the approximate expenditure for two people, considering a decent life (Not lavish) in a good, family friendly locality ? 3. I am planning to take medical insurance for my wife ? Can I get it under 800 HKD for month ? 4. Will I be able to save 15000 HKD after all my expenses ? Thanks for taking time to read through my questions, any help will be greatly appreciated.
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I suggest you take a look at the Cost of Living in Hong Kong page to assist you with you budgetting. Much of a persons expenses are affected by their lifestyle.
Good luck with you decision
Shantalie
The best way to figure out whether the salary will be adequate is do a mock-up of a budget and plug in figures found online. Then you can tally up those expenses and see how that compares to the salary you've been offered.
Have a look at the Cost of Living in Hong Kong page. You might find the cost of living table, right at the bottom of the page, particularly useful. For a more comprehensive list of expenses, check out Numbeo and Expatistan. Both websites are an excellent way of estimating costs in a new city.
Good luck.
Meagan