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Home » Asia » What is a decent salary in Hong Kong?

What is a decent salary in Hong Kong?

December 14, 2021 by Sadie Daniel

The average salary in Hong Kong is much higher. It is also a good figure to base you research on, if you are coming to HK as an expat. The current average salary per month is 19100 HKD (2430 USD) for male workers and 14700 HKD (1875 USD) for female workers.

Contents

What is a good salary in Hong Kong?

What is a good salary in Hong Kong? – Quora. I agree with some of the analyses below, although I would add that the median salary (as opposed to average) of HK is around HKD 16,800 as of 2018, which is about the salary an average university grad makes. The top 10% earns around HKD 40,000+.

What is good salary in Hong Kong for expat?

The average cost of employing a mid-level expatriate employee in Hong Kong cost a company US$284,466 (HK$2,231,611), including an average cash salary of US$88,126 (HK$691,344). Expat packages include three main elements: the cash salary, benefits (such as accommodation, international schools, or cars) and tax.

What is the average salary in Hong Kong 2020?

$18,400
Survey results of 2020 Annual Earnings and Hours Survey released. According to the statistics released today (March 30) by the Census and Statistics Department (C&SD), the median monthly wage of employees in Hong Kong in May – June 2020 was $18,400. This was 1.5% higher than the median of $18,200 in May – June 2019.

What is a good starting salary in Hong Kong?

Hong Kong fresh graduates taking home HK$16,077/month in their first job. Fresh graduates from the class of 2020 in Hong Kong earned an average monthly starting salary of HK$16,077, a drop for the second consecutive year.

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What is a decent annual salary?

As of Nov 23, 2021, the average annual pay for the Decent jobs category in the United States is $50,739 a year. Just in case you need a simple salary calculator, that works out to be approximately $24.39 an hour. This is the equivalent of $976/week or $4,228/month.

What is a good monthly salary?

How much does an Average make? While ZipRecruiter is seeing monthly salaries as high as $11,333 and as low as $1,708, the majority of Average salaries currently range between $4,125 (25th percentile) to $6,167 (75th percentile) across the United States.

How much do bankers make in Hong Kong?

Banker in Hong Kong Salaries

Job Title Location Salary
UBS Banker salaries – 1 salaries reported Hong Kong HK$1,200,000/yr
ABC Banker salaries – 1 salaries reported Hong Kong HK$60,000/mo
Bank of America Banker salaries – 1 salaries reported Hong Kong HK$300,000/yr
HKdotCOM Banker salaries – 1 salaries reported Hong Kong HK$60,000/mo

How much does a one bedroom apartment cost in Hong Kong?

The average rent for a one-bedroom apartment in Hong Kong can range from 12,000 to 20,000 HKD (1,500 to 2,500 USD) or more per month. On the upside, most apartments easily meet the highest standards of living.

Is it expensive to live in Hong Kong?

Cost of living in Hong Kong is, on average, 15.04% higher than in United States. Rent in Hong Kong is, on average, 76.78% higher than in United States.

How much does a house in Hong Kong cost?

Average home price in Hong Kong: $1,990 per square foot
Last year, the average price reached $1.2 million according to CBRE’s Global Living Report.

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What is the average rent in Hong Kong?

In 2021, the average monthly rent for public and private permanent housing in Hong Kong’s New Territories was 66 Hong Kong dollars per square meters.

What is the salary of domestic helper in Hong Kong?

$4,630 per month
The Government announced today (September 30) that the Minimum Allowable Wage (MAW) for foreign domestic helpers (FDHs) in Hong Kong would remain at $4,630 per month. In addition, under the Standard Employment Contract for hiring FDHs, employers are required to provide FDHs with food free of charge.

What is a decent salary in 2021?

What is a good salary in 2021? The weekly median earnings for full-time wage or salary workers in the United States in the second quarter of 2021 amounted to $990. It translates to a yearly income of approximately $51,480.

Is 75k a good salary 2020?

Given this, a good salary would be $75,000. It is higher than the national average and hovers around the average salary for the four most expensive states in the nation. In other words, a $75,000 salary would cover the basic necessities in even the priciest of areas.

Is 100k a good salary?

An annual income of £100,000 is enough to put a recipient comfortably within the top 2% of all earners, and the figure has become a key indicator that the recipient is a high-flier.

Is 50k a good salary?

As we stated earlier if you are able to make $50,000 a year, that is a decent salary. You are making more money than the minimum wage and almost double in many cities. While 50000 is a good salary starting out in your working years.

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What is a comfortable salary?

The median necessary living wage across the entire US is $67,690. The state with the lowest annual living wage is Mississippi, with $58,321. The state with the highest living wage is Hawaii, with $136,437.

What’s a good salary at 30?

What was the average and median income by age in 2021?

Age 25% 99%
28 $25,000.00 $191,422.00
29 $24,615.00 $205,002.00
30 $25,000.00 $230,410.00
31 $28,000.00 $301,120.00

How much do lawyers make in Hong Kong?

The highest salary for a Lawyer in Hong Kong is HK$123,100 per month. The lowest salary for a Lawyer in Hong Kong is HK$37,200 per month.

Is Hong Kong more expensive than London?

Cost of Living Comparison Between Hong Kong and London
You would need around 51,088.47HK$ (4,917.95£) in London to maintain the same standard of life that you can have with 50,000.00HK$ in Hong Kong (assuming you rent in both cities).

Filed Under: Asia

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About Sadie Daniel

Sadie Daniel is an adventurer at heart. She loves to travel and explore new places. Her thirst for adventure has taken her all over the world, and she's always looking for her next big thrill. Sadie is also a lover of animals, and has been known to rescue stray cats and dogs in her neighborhood. She is a kind-hearted person who enjoys helping others, and she would do anything for her family and friends.

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