Is the cost of living high in Hong Kong?

Could you save money on 60 000 Hong Kong currency a year?

Yes, it is high. However, it isn' as high as people tend to believe. The highest is housing.

60000 a year? It is possible, but you need to watch your budget closely.

Many people live in a small apartment, they are able to get through everyday and so can you.

.if you,re earning 20k a month.the answer is YES !

Yes it's high, but the answerer above me is right; it's not as high as many people believe. My aunt and here, uhm, boyfriend rents an apartment in Lantau Island, in the New Territories, and their rent is only HK$850/month (about US$105)... not bad! And the apartment is not very big, not very small--just appropriately sized.

HK$60,000 a year, or HK$5,000 a month will be really hard to survive on. You room (not flat, room!) will be at least 2-3000. If you go to remote place you can add HK$1000 for transport.

No way!

If you don't have an ID card already, you will not get a work permit if you salary is below HK$25,000 or so.

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