If you are planning to settle in Hong Kong, here is what you need to know about the cost of living in this Special Administrative Region.
Mercer International firm published the results of its annual survey on the cost of living in major cities worldwide on Wednesday, June 22. This year, Hong Kong ranks as the most expensive city for expatriates, followed by Luanda, Zurich, Singapore and Toyko.
The survey takes into account the price comparison of over 200 products and services, namely, housing, transportation, clothing, food, household items and entertainment in 375 cities cities worldwide.
Other Chinese cities, namely Shanghai, Beijing, Shenzhen, Guangzhou and Seoul rank 7th, 10th, 12th, 15th and 18th respectively due to the weakening of the Chinese yuan against the US dollar.
Find more information here: www.imercer.com
Feel free to share your views about the cost of living in Hong Kong.
Thank you in advance for your contribution.