Is Hung Hom Expensive?

Hong Kong, China (SAR)

-12% vs Hong Kong avg

Living in Hung Hom, Hong Kong

Hung Hom is a relatively affordable area in Hong Kong, with a cost of living index of 64.8 — that is -12% compared to the Hong Kong average. At #15 of 22, it is below the city average in cost. Estimated rent for a one-bedroom apartment here is around HK$17,229/month, compared to a range of HK$12,726 in Yuen Long to HK$29,367 in The Peak.

Monthly Budget Breakdown

For a typical resident of Hung Hom, housing takes up roughly 40% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately HK$689,157 before tax.

Typical Salaries in Hung Hom

Salaries in Hung Hom reflect the local cost of living. Based on the neighborhood COLI of 64.8:

After tax and deductions of 12.5% in China (SAR), take-home pay for someone earning HK$689,157 would be roughly HK$603,012/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

64.8
COLI Index
0.88x
vs City Avg
HK$17,229
Est. 1BR Rent
#15
of 22 Areas
12.5%
Total Deductions

Tax & Deductions in Hung Hom

Estimated annual deductions on a HK$380,602 salary in Hung Hom, Hong Kong (local employee).

Income Tax
12%
MPF
0.2%
Total Deductions: 12.5%
Est. Take-Home: HK$333,000/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Hung Hom would need to be elsewhere:

City Currency Equivalent
New York USD $48,600
London GBP £41,824
Dubai AED AED 243,184

Other Neighborhoods in Hong Kong

Neighborhood COLI Multiplier vs Avg
The Peak 110.4 1.50x +50%
Central 103.0 1.40x +40%
Mid-Levels 95.7 1.30x +30%
Repulse Bay 95.7 1.30x +30%
Causeway Bay 92.0 1.25x +25%

View all 22 neighborhoods in Hong Kong →

Convert Your Salary

See exactly what you need to earn in Hung Hom, Hong Kong to maintain your lifestyle.

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Hong Kong City Comparisons

Singapore vs Hong Kong

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Hung Hom:

Thornbury, Melbourne Mount Lawley, Perth Koreatown, Los Angeles Eagle Rock, Los Angeles Merl, Luxembourg City Grant Park, Atlanta

Frequently Asked Questions

Is Hung Hom expensive in Hong Kong?

Hung Hom is one of the more affordable neighborhoods in Hong Kong. It costs about -12% less than the city average, ranking #15 out of 22 neighborhoods.

How does Hung Hom compare to the Hong Kong average?

The cost of living in Hung Hom is below the Hong Kong average. With a multiplier of 0.88x, everyday expenses including rent, food, and transportation are -12% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.