All 22 neighborhoods in Hong Kong ranked by cost of living index. Updated 2026.
| # | Neighborhood | 1BR Rent | Index | vs Avg |
|---|---|---|---|---|
| 1 | Yuen Long | $1,625/mo | 0.65x | -35% |
| 2 | Tuen Mun | $1,700/mo | 0.68x | -32% |
| 3 | Tai Po | $1,800/mo | 0.72x | -28% |
| 4 | Sham Shui Po | $1,950/mo | 0.78x | -22% |
| 5 | Sha Tin | $1,950/mo | 0.78x | -22% |
| 6 | Tseung Kwan O | $2,000/mo | 0.80x | -20% |
| 7 | Sai Kung | $2,125/mo | 0.85x | -15% |
| 8 | Hung Hom | $2,200/mo | 0.88x | -12% |
| 9 | Mong Kok | $2,300/mo | 0.92x | -8% |
| 10 | Aberdeen | $2,300/mo | 0.92x | -8% |
| 11 | Quarry Bay | $2,450/mo | 0.98x | -2% |
| 12 | North Point | $2,500/mo | 1.00x | Avg |
| 13 | Kennedy Town | $2,625/mo | 1.05x | +5% |
| 14 | Discovery Bay | $2,750/mo | 1.10x | +10% |
| 15 | Tsim Sha Tsui | $2,875/mo | 1.15x | +15% |
| 16 | Wan Chai | $2,950/mo | 1.18x | +18% |
| 17 | Happy Valley | $3,050/mo | 1.22x | +22% |
| 18 | Causeway Bay | $3,125/mo | 1.25x | +25% |
| 19 | Mid-Levels | $3,250/mo | 1.30x | +30% |
| 20 | Repulse Bay | $3,250/mo | 1.30x | +30% |
| 21 | Central | $3,500/mo | 1.40x | +40% |
| 22 | The Peak | $3,750/mo | 1.50x | +50% |
Rent estimates based on city average of $2,500/mo adjusted by neighborhood cost index. Index 1.00 = city average.
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Open a Wise Account →The cheapest neighborhood in Hong Kong is Yuen Long, with an estimated 1-bedroom rent of $1,625/month — 35% below the city average.
The average 1-bedroom rent in Hong Kong is approximately $2,500/month. Rents range from $1,625/mo (Yuen Long) to $3,750/mo (The Peak).
Our database covers 22 neighborhoods in Hong Kong, each with detailed cost-of-living and salary data.