How Much Does It REALLY Cost To Live In HONG Kong In 2024? COST OF LIVING For Middle Income Earner

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  • Опубліковано 25 гру 2024

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  • @corporatebreakoutcouple
    @corporatebreakoutcouple  6 місяців тому +2

    Thanks for watching our videos!
    Come attend our FREE Masterclasses here :
    breakout-academy.teachable.com

  • @davidhamtaro
    @davidhamtaro 6 місяців тому +2

    Thank you for sharing. Prices have shot up so much compared to my past trips more than 10 years ago. Really omg… don’t save cash in bank for long term, inflation is a legalised robbery!

    • @corporatebreakoutcouple
      @corporatebreakoutcouple  6 місяців тому +2

      Absolutely! Your cash in the bank gets eaten up by the inflation monster.
      We don't remember HK being so expensive 7-8 years back but the reality now is that even eating out at roadside stalls will cost quite a bit

  • @ParvinderSingh-dl3rp
    @ParvinderSingh-dl3rp 3 місяці тому +1

    Nice video 👍. .
    I believe every country has its pros and cons. And its individual preferences too that depends. However , its no doubt that hk is getting more expensive and thats probably because of the inflation all over the world. So, technically all countries are being affected and facing this issue.
    Not to forgot, that hk is still very beautiful place to visit and more safer. 😊😊. I wish to visit again there.

    • @corporatebreakoutcouple
      @corporatebreakoutcouple  3 місяці тому +1

      @@ParvinderSingh-dl3rp thanks for watching our videos! 👍
      We love HK and will visit periodically

  • @jameslee8608
    @jameslee8608 6 місяців тому +1

    It will be good if you can make an analysis of the hotel accommodations cost in Hong Kong as compared to Singapore for the same star 🌟 category for the foreign visitors intending to travel to HKG? Thanks

    • @corporatebreakoutcouple
      @corporatebreakoutcouple  6 місяців тому +1

      Hotels in Singapore are still more expensive when compared to location and room size. A 4 star hotel in HK versus a 4 star in Sg = HK would be cheaper by $100-150 per night in Singapore dollars

  • @user-vv7ir1pl4j
    @user-vv7ir1pl4j Місяць тому +1

    no wonder everyone is moving to the mainland. better fresher food for cheaper. cheaper housing thats newer and more spacious. all unitality bills cheaper. the only reason to go to hong kong would be work or business. or to take advantage of the easier ways to avoid tax if your ultra rich.

    • @corporatebreakoutcouple
      @corporatebreakoutcouple  Місяць тому

      @@user-vv7ir1pl4j yes, love all the points you highlighted. Definitely better standard of living on the mainland.

  • @itwins3517
    @itwins3517 2 місяці тому

    People who go to Michelin or famous restaurants for every meal do not care for cost. If you are really sensitive about cost, shop or eat like a local working-class person and you will notice it's very cheap. LOL. I moved to Vancouver, Canada 2 years ago and EVERYTHING here is 200-300% more expensive (no exaggeration) than cost of living in HK. The only thing comparatively cheaper here is property prices (but not for long)

    • @corporatebreakoutcouple
      @corporatebreakoutcouple  2 місяці тому

      @@itwins3517 we would love to see a cost of living video of Vancouver. Please do one!

  • @darrylk808
    @darrylk808 6 місяців тому +1

    Have you been to HK before? Do you find the food as good as before?
    My wife is from HK, so we go back often. We were just there last month and I thought the food wasn't as good as I remember.🤔 Maybe we are just getting better food in the US...?

    • @corporatebreakoutcouple
      @corporatebreakoutcouple  6 місяців тому +3

      Yes, we've both been to HK many times pre-covid.
      For dim sum, Guangzhou has the best dim sum for sure!
      However US and Australia has really good dim sum too, as many HK chefs migrated there.
      So for us, we are very selective when it comes to food in HK as we know that there are many misses as there are hits

  • @garyt7232
    @garyt7232 6 місяців тому +5

    The political situation in HK is what would concern me. School teaching Mandarin and not Cantonese as well. What will HK look like in 10 or 20 years? Safe travels in HK and in China.

    • @corporatebreakoutcouple
      @corporatebreakoutcouple  6 місяців тому

      Thanks Gary!
      HK, compared to other tier 1 cities in China has not progressed as much over the last 5-6 years.

    • @enzos711
      @enzos711 6 місяців тому

      @@corporatebreakoutcoupleBecause PRC has destroyed foreign investment ..

  • @cac1504
    @cac1504 6 місяців тому

    Hong Kong folks find Singapore HDB flat S$1 still cheap

  • @JJ-iu6sr
    @JJ-iu6sr 6 місяців тому +2

    HK is no longer attractive. Things are expensive and service level is terrible. Recent statistics also show that lesser mainlanders travel to HK to shop and eat. More & more Hong Kongers are also going to nearby Shenzhen to spend during the public holidays. There's also outflow of talents from HK. Today's StraitsTimes carries an article titled "Dear Hong Kong, Singapore is not your biggest rival", is worth reading. So, HK, better buck up.

    • @corporatebreakoutcouple
      @corporatebreakoutcouple  6 місяців тому +1

      Yes, absolutely spot on!
      We recently met a few local HKers on the train to Guangzhou. They head over there almost on a weekly basis to eat & shop as they were lamenting that the cost of living in HK is so high.

  • @chiingekang8235
    @chiingekang8235 Місяць тому +2

    It is not about the cost. Living in 300 sq ft housing in long run will drive u mental - health is far more impt than money !!!

    • @corporatebreakoutcouple
      @corporatebreakoutcouple  Місяць тому

      @@chiingekang8235 you need money to upgrade to a bigger place. So it still boils down to money.

  • @sarahchan5604
    @sarahchan5604 3 місяці тому

    Compare to Europe,North America and Australia, Hong Kong is not expensive at all

    • @corporatebreakoutcouple
      @corporatebreakoutcouple  3 місяці тому

      @@sarahchan5604 it's all relative, isn't it?
      However, people in the countries mentioned are still able to live in houses.
      Have you seen the tiny little spaces that the HKgers live in?

    • @iluvmusicqwe
      @iluvmusicqwe 3 місяці тому +1

      Except in Hong Kong you need to eat terrible quality food if you want to cut down costs

  • @rocketsteel
    @rocketsteel 6 місяців тому +1

    Instant noodles and luncheon meat. Seriously, come on.