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Salary in HK

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  1. #1

    Join Date
    Apr 2013
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    17

    Salary in HK

    Hi all,

    I have taken up employment in a HK school at around $48,500 per month (no housing allowance). My partner will be earning a similar amount.

    I've never lived in HK and I'm just wondering whether this is considered good money there. We are hoping to find an apartment in the Sheung Wan or Mid Levels area for about 20,000.

    What are the typical costs of electricity, water, Internet, mobile phone contracts etc? Would $2000 a month do the trick?

    Thanks!!


  2. #2

    Join Date
    Mar 2012
    Posts
    267

    Salary sounds about right although no housing allowance is odd if you are at a big international school. The typical costs of those things are less than 2000.


  3. #3

    Join Date
    Mar 2013
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    2,455

    That's about 5 times the average salary so you'll be fine.


  4. #4

    Join Date
    May 2013
    Location
    central
    Posts
    12

    $10K ?!

    Quote Originally Posted by usehername:
    That's about 5 times the average salary so you'll be fine.
    Ye, i heard that $10k is the average. i just don't get how locals survive.

    i don't get how bus companies survive, or taxi drivers or the MTR etc etc.

    i just don't get HK!

    sorry for hijacking!

  5. #5

    Join Date
    Feb 2013
    Posts
    3,471
    Quote Originally Posted by mkojin:
    Hi all,

    I have taken up employment in a HK school at around $48,500 per month (no housing allowance). My partner will be earning a similar amount.

    I've never lived in HK and I'm just wondering whether this is considered good money there. We are hoping to find an apartment in the Sheung Wan or Mid Levels area for about 20,000.

    What are the typical costs of electricity, water, Internet, mobile phone contracts etc? Would $2000 a month do the trick?

    Thanks!!
    The median salary is HK is $10k, not the average...

    $48k is good money if you're used to less.....a lot of the bankers here would snigger...

    In my opinion, with both of you on that salary you will be very comfortable......I would spend less on rent by living in the NTs and run a car! Where are you teaching?

  6. #6

    Join Date
    Apr 2013
    Posts
    17
    Quote Originally Posted by INXS:
    The median salary is HK is $10k, not the average...

    $48k is good money if you're used to less.....a lot of the bankers here would snigger...

    In my opinion, with both of you on that salary you will be very comfortable......I would spend less on rent by living in the NTs and run a car! Where are you teaching?

    Hi all!

    Thanks very much for your great advice.

    I will be teaching at HKUGA College - a DSS school down south of the island.

    My problem is that wherever I have moved to in my life I have felt the need to be one of those idiots who needs everything at their doorstep!

    Sounds like living costs are cheaper than Australia (except for rent! My god!!!) so we should be fine.

    Any other info- keep it coming!:-)?

  7. #7

    Join Date
    Oct 2010
    Posts
    23,164
    Quote Originally Posted by INXS:
    The median salary is HK is $10k, not the average...
    A median is a type of average.... back to school with you!

    Quote Originally Posted by Xenophobic:
    Ye, i heard that $10k is the average. i just don't get how locals survive.
    Around half of families in HK are living in heavily subsided Government sponsored housing, provided at a small fraction of equivalent market rates. Take out expensive housing, and you can live very cheaply in HK.

  8. #8

    Join Date
    Feb 2013
    Posts
    3,471
    Quote Originally Posted by TheBrit:
    A median is a type of average.... back to school with you!
    Fair call but most people, when they say the average are referring to the mean IMO.......

    I wonder what the mean salary is in HK...?

  9. #9

    Join Date
    Feb 2010
    Posts
    7,442

    A 'mean' salary for me is 200k a month.....

    Sent from somewhere....

    INXS likes this.

  10. #10

    Join Date
    Jun 2011
    Posts
    1,116

    I think you have to budget at least 25 000 / month if you want to leave in those areas..


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