Hello all,
This is my first post. I am considering a job offer from a financial services institution as a product manager. I currently work for the same company in New York City, and am trying to figure out how much higher the salary "should" be. Currently, they haven't offered any sort of expat benefits or housing allowance.
According to the recent Mercer survey, Hong Kong indexes around 115 on cost of living, vs. 100 for New York (linear scale I think). Although, when I spent about 2 months in HK earlier this year, it seemed about as expensive as NYC (eating, drinking, transport).
Would appreciate any advice or opinions. Dpes 15% higher (overall) for HK vs. NYC make sense?
Thanks!