{"id":849,"date":"2015-10-05T15:42:59","date_gmt":"2015-10-05T07:42:59","guid":{"rendered":"http:\/\/www.spacious.hk\/en\/blog\/?p=849"},"modified":"2023-11-02T12:38:53","modified_gmt":"2023-11-02T04:38:53","slug":"cost-of-living-in-hong-kong","status":"publish","type":"post","link":"https:\/\/www.spacious.hk\/en\/blog\/cost-of-living-in-hong-kong","title":{"rendered":"[Video] Cool drone footage shows you the cost of living in HK and the US, including porsches and big macs"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"How much does it cost to live in Hong Kong? Drone Video - Professor Savings\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/jJzzRa9iuxk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">Is Hong Kong the most expensive city to live in? We all know that property prices are insane here, but when it comes to cost of living, some things are more pricey than others. This video from <\/span><a href=\"http:\/\/professorsavings.com\/\" target=\"_blank\" rel=\"noopener sponsored\"><span style=\"font-weight: 400;\">ProfessorSavings.com<\/span><\/a><span style=\"font-weight: 400;\"> (Videos Future Millionaires Watch) breaks it down for you and shows you the price difference in Hong Kong and the US. If you\u2019re too lazy to watch the video, here\u2019s the lowdown on the difference in cost of living in these two places:<\/span><\/p>\n<p><a href=\"http:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2015\/10\/hong-kong-porsche.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" size-full wp-image-851 aligncenter\" src=\"http:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2015\/10\/hong-kong-porsche.jpg\" alt=\"hong-kong-porsche\" width=\"594\" height=\"464\" \/><\/a><\/p>\n<p><b>Did you know\u2026<\/b><\/p>\n<p><b>That Porsches cost 3 times more in Hong Kong than in the US?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">If you were thinking of ballin\u2019 out and showing off your wealth in Hong Kong, you may want to hold off on buying a porsche here and pop\u00a0bottles in the club instead. A porsche in the US may cost around $80K USD, but in Hong Kong you\u2019d have to pay three times as much AND pay double for gas!<\/span><\/p>\n<p><a href=\"http:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2015\/10\/hong-kong-taxi.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" size-medium wp-image-852 aligncenter\" src=\"http:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2015\/10\/hong-kong-taxi-595x441.jpg\" alt=\"hong-kong-taxi\" width=\"595\" height=\"441\" srcset=\"https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2015\/10\/hong-kong-taxi-595x441.jpg 595w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2015\/10\/hong-kong-taxi-70x53.jpg 70w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2015\/10\/hong-kong-taxi.jpg 598w\" sizes=\"auto, (max-width: 595px) 100vw, 595px\" \/><\/a><\/p>\n<p><b>Also, I bet you didn\u2019t know\u2026<\/b><\/p>\n<p><span style=\"font-weight: 400;\">That it costs $1 million USD to buy a taxi in Hong Kong with a license. No wonder taxi drivers here are so grumpy all the time!<\/span><\/p>\n<p><a href=\"http:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2015\/10\/hong-kong-big-mac.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" size-full wp-image-853 aligncenter\" src=\"http:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2015\/10\/hong-kong-big-mac.jpg\" alt=\"hong-kong-big-mac\" width=\"594\" height=\"583\" \/><\/a><\/p>\n<p><b>If you\u2019re a die hard Mcdonald\u2019s fan\u2026<\/b><\/p>\n<p><span style=\"font-weight: 400;\">You\u2019d be happy to know that a big mac in Hong Kong costs half as much as the US! In Hong Kong, you\u2019d only have to pay around $2.10 USD, whereas in the US you\u2019d have to pay $4.20 USD. But given the size of big macs nowadays, maybe it\u2019s not even worth $2.10 USD&#8230;<\/span><\/p>\n<p><a href=\"http:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2015\/10\/hong-kong-minimum-wage.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" size-full wp-image-854 aligncenter\" src=\"http:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2015\/10\/hong-kong-minimum-wage.jpg\" alt=\"hong-kong-minimum-wage\" width=\"594\" height=\"390\" \/><\/a><\/p>\n<p><b>For those earning minimum wage\u2026<\/b><\/p>\n<p><span style=\"font-weight: 400;\">You may want to move to the US. In Hong Kong, the minimum wage is around $4 USD per hour, but in the US, you get paid $9 USD per hour! Do keep in mind certain cost of living may cost more in the US, but earning $9 USD \u00a0in the US would definitely help boost\u00a0your ego!<\/span><\/p>\n<p><a href=\"http:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2015\/10\/hong-kong-luxury-condo.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" size-full wp-image-855 aligncenter\" src=\"http:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2015\/10\/hong-kong-luxury-condo.jpg\" alt=\"hong-kong-luxury-condo\" width=\"593\" height=\"593\" \/><\/a><\/p>\n<p><b>If you\u2019re hunting for luxury condos\u2026<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The average price for a Hong Kong 350 sq. ft. studio for rent is around $2,800 USD, whereas a Hong Kong 455 sq. ft. studio for sale costs around $1 million USD. A lot of you may be on the lookout for <\/span><a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/for-rent\"><span style=\"font-weight: 400;\">apartments for rent<\/span><\/a><span style=\"font-weight: 400;\"> or <\/span><a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/questions\/for-sale\"><span style=\"font-weight: 400;\">apartments for sale<\/span><\/a><span style=\"font-weight: 400;\"> in Hong Kong, but you may want to hold off on renting or buying luxury condos here!<\/span><\/p>\n<p><a href=\"http:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2015\/10\/hong-kong-office.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" size-medium wp-image-856 aligncenter\" src=\"http:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2015\/10\/hong-kong-office-595x588.jpg\" alt=\"hong-kong-office\" width=\"595\" height=\"588\" srcset=\"https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2015\/10\/hong-kong-office-595x588.jpg 595w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2015\/10\/hong-kong-office.jpg 596w\" sizes=\"auto, (max-width: 595px) 100vw, 595px\" \/><\/a><\/p>\n<p><b>Last but not least, did you know that the office rent downtown&#8230;<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Costs double the price in Hong Kong? An office rental in Hong Kong\u2019s city centre costs around $240\/sq. ft. on average, but\u00a0in the US, an office downtown only costs around $120 USD\/sq. ft.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is Hong Kong the most expensive city to live in? We all know that property prices are insane here, but when it comes to cost of living, some things are more pricey than others. This video from ProfessorSavings.com (Videos Future Millionaires Watch) breaks it down for you and shows you the price difference in Hong Kong and the US. If [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":850,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[62],"class_list":["post-849","post","type-post","status-publish","format-standard","hentry","category-hong-kong-living","tag-video"],"_links":{"self":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts\/849","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/comments?post=849"}],"version-history":[{"count":0,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts\/849\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/media\/850"}],"wp:attachment":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/media?parent=849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/categories?post=849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/tags?post=849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}