Reality of Moving to HK for a New Yorker

Closed Thread
Page 2 of 2 FirstFirst 1 2
  1. #11

    Join Date
    Oct 2006
    Posts
    4,905

    To each his/her own... all I am saying is that with a 500K salary, anyone can live comfortably, travel a bit, go out and save money if you do it right.

    It's roughly the equivalent of a six figure salary in Canada, OZ or NZ when you factor in the taxes. It's not luxury but I would hardly call it hardship.


  2. #12

    Join Date
    Oct 2006
    Posts
    4,905

    Here's a fairly generous budgetary projection for two people:

    Rental: 15K/month
    Tax:3K/month
    Groceries:5K/month
    Utilities/Internet/TV:2K/month
    Transportation:2K/month
    Entertainment:5K/month

    Total 32K/month or 384 000

    That leaves savings of 116 000

    Take a flat for 10K and that gives you three holidays of 20K with the same savings.


  3. #13

    Join Date
    Jul 2008
    Posts
    8

    Thanks

    All great points to think about - I appreciate all your point of views.