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  • Dec 28, 2014
  • Updated: 12:51pm

Cost of Living

Expats' costs are down but Hong Kong is still No 10 in Asia

The cost of dining out, which is factored into the survey, has increased 6.4 per cent in Hong Kong, from a year earlier. Photo: Jonathan Wong

Hong Kong has become a little bit cheaper for expatriates to live in, relatively speaking.

Thursday, 29 August, 2013, 4:13am

Cheap eats help offset Hong Kong's outrageous office rents

A 16 ounce cup of Starbucks coffee cost US$3.87 in Hong Kong, 10 per cent cheaper than the US$4.30 price tag in New York.

Hong Kong has always been considered a pricey place to live, but in fact the city can sometimes be quite inexpensive. It all depends upon what you are talking about buying.

16 Apr 2013 - 5:24am

Rising costs in Hong Kong plunge 1 in 5 poor into despair

The biggest worry for low-income people with anxiety is the rising cost of food. Photo: May Tse

One in five people on low incomes in Hong Kong suffer from excessive anxiety because of inflation, and it's likely to get worse as prices climb. The rate is three times that of those on high incomes, according to a study of 5,000 people by the Mood Disorders Centre of Chinese University. A telephone poll was conducted in the last quarter of 2011 but held for a year to monitor inflation trends. It found a close link between inflation and mental health.

15 Apr 2013 - 7:17am 4 comments

Retirees to Guangdong are golden opportunity: John Tsang

Great golf in Zhongshan, says John Tsang. Photo: Edward Wong

Hongkongers have been tipped-off about opportunities in the silver-haired market in Guangdong by Financial Secretary John Tsang Chun-wah. After a visit to Zhongshan, Tsang blogged that cheap accommodation, a low cost of living and brilliant golf facilities were attracting retirees to the mainland city.

1 Apr 2013 - 5:06am

In Hong Kong, affordability is off the menu

A modern Japanese restaurant in Tin Hau. Photo: Nora Tam

A friend has come back to Hong Kong after a five-year absence with a view to again live in China, either here or in Beijing. Having just returned from a few months on the mainland, he is well versed in what to expect there. A wander around his old haunts in our city have left him somewhat shaken, though.

5 Mar 2013 - 3:59am 2 comments

Hong Kong ranks 14th in world for cost of living

Hong Kong ranks 14th in the world for cost of living. Photo: AFP

The EIU’s Worldwide Cost of Living 2013 survey ranked Hong Kong 14th on a global scale and the 4th in Asia, behind Singapore, Osaka and Tokyo.

9 Feb 2013 - 12:22pm 2 comments

Schemes lure more Asians to retire in Southeast Asia

Japanese retiree Shigeru Tanida, 65, teaches karate in Kuala Lumpur, where he has lived since 2006, drawn by the lower costs. Photo: AFP

Like many mothers, Ritsuko Kawasaki fretted over the health and safety risks of remaining in Japan after last year's quake, tsunami and nuclear disasters.

24 Dec 2012 - 5:06am

What's being said on facebook.com/southchinamorningpost

Jackie Chan described Hong Kong as the 'city of protests'. Photo: Xinhua

On a possible right of abode appeal to Beijing:

Kelvin Ng - Can those legal experts who expressed fear for judicial independence also express some real and concrete solutions for the two issues of non-HK children and residency for foreign domestic helpers?

19 Dec 2012 - 2:57am

Power discounts won't help the poor, say critics

Critics say it's impossible for those living in caged homes to benefit from new measures because they don't have their own meters.

Critics say that energy-saving rebates or discounts offered by power firms will not help the poor - who do not have their own power meters, and may have to pay the higher rates regardless of their usage.

13 Dec 2012 - 3:45am

Cost of living on the up in China

Mainland cities pricing out expats

The fast rising cost of living in the mainland's international cities like Beijing and Shanghai is making it increasingly hard for expats to justify the decision to live and work on the mainland.

27 Nov 2012 - 3:42am 2 comments

Hong Kong workers are striving, not thriving

Most of Hong Kong's workers are not thriving.

Fewer than one in four Hong Kong workers consider their lives to be "thriving" - one of the lowest levels among all developed Asian economies surveyed by Gallup last year. Respondents were classified as "thriving", "struggling" or "suffering" according to how they rate their current and future lives on a scale of 0 to 10.

30 Sep 2012 - 7:51am 1 comment

Private bosses assess impact of civil service pay studies

Chamber warns salary surveys may affect economy

An urgent assessment of the economic impact of three civil service pay studies announced in recent weeks is being carried out by the Hong Kong General Chamber of Commerce.

29 May 2007 - 12:00am

Most NETs back set allowance to meet living costs

Rental or cost of living benchmark options gain minority votes in poll

More than two thirds of native English-speaking teachers who joined an internet poll have voted for their special allowance to be restored to at least $13,000 instead of other options being considered.

1 Oct 2005 - 12:00am

EMB survey to assess NETs' cost of living

The government is to survey native English-speaking teachers' lifestyles and living costs after a delegation of NETs called for enhanced benefits.

11 Jun 2005 - 12:00am

Why subsidise singles?

I refer to the article 'Educators propose area for cuts' (December 2).

5 Dec 2003 - 12:00am

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