We all know how hard it is to find cheap rent in Hong Kong – you can either live in a subdivided apartment or share a “normal-sized” apartment with multiple roommates to make ends meet. According to experts, you should only spend around 33% of your salary/income on rent. If you’re wondering how much rent you can afford for 1 bedroom based on your salary, here are some suggestions based on data gathered.
If you earn 10K, you can afford a bedroom in Sha Tau Kok, Ping Che and Kwan Tei
The only way is North – chances are you’ve never even heard of these places, but if it makes you feel any better, you’ll get some peace and quiet from the busy city.
If you earn 20K, you can afford a bedroom in Sheung Shui, Fanling, Yuen Long, Tin Shui Wai, or Lohas Park
These districts may not be anywhere close to Hong Kong Island, but at least you’ll be surrounded by nature and hiking routes!
If you earn 30K, you can afford a bedroom in Aberdeen, Chai Wan, Kwun Tong, Ma On Shan, Sha Tin, Lai Chi Kok, Kwai Chung, Tsing Yi, Tai Po or Tsuen Wan.
Things are looking brighter – you can afford certain parts of Hong Kong Island and nice parts of Kowloon!
Instead of living in the city centre, you can opt for the island life on these outlying islands! It’ll feel like you’re on vacation everyday.
Congratulations – you can afford to live comfortably on Hong Kong Island! But you still can’t afford Central or Sheung Wan.
And of course, if you earn over $50K HKD, you can basically afford to rent anywhere in Hong Kong!