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Where you can afford to live in Hong Kong based on your salary

Hong Kong Property | July 15, 2015

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.

Find an apartment in Sha Tau Kok

Find an apartment in Ping Che

Find an apartment in Kwan Tei

sheungshui

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!

Find an apartment in Sheung Shui

Find an apartment in Fanling

Find an apartment in Yuen Long

Find an apartment in Tin Shui Wai

chaiwan

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!

Find an apartment in Ma On Shan

Find an apartment in Sha Tin

discovery bay

If you earn 40K, You can afford a bedroom in Discovery Bay, Peng Chau, Mui Wo, Tung Chung or Lantau.

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.

Find an apartment in Discovery Bay

Find an apartment in Tung Chung

Find an apartment in Lantau

hk island

If you earn 50K, you can afford a bedroom in Siu Sai Wan, Shau Kei Wan, Taikoo Shing, North Point or Tin Hau.

Congratulations – you can afford to live comfortably on Hong Kong Island! But you still can’t afford Central or Sheung Wan.

Find an apartment in Siu Sai Wan

Find an apartment in North Point

Find an apartment in Tin Hau

And of course, if you earn over $50K HKD, you can basically afford to rent anywhere in Hong Kong!

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