Is Kennedy Town Expensive?

Hong Kong, China (SAR)

+5% vs Hong Kong avg

Living in Kennedy Town, Hong Kong

Kennedy Town is a moderately-priced area within Hong Kong, with a cost of living index of 77.3 — that is +5% compared to the Hong Kong average. It sits around the middle of the pack at #10 out of 22 neighborhoods. Estimated rent for a one-bedroom apartment here is around HK$20,557/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 Kennedy Town, housing takes up roughly 47% 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$822,289 before tax.

Typical Salaries in Kennedy Town

Salaries in Kennedy Town reflect the local cost of living. Based on the neighborhood COLI of 77.3:

After tax and deductions of 13.2% in China (SAR), take-home pay for someone earning HK$822,289 would be roughly HK$713,747/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

77.3
COLI Index
1.05x
vs City Avg
HK$20,557
Est. 1BR Rent
#10
of 22 Areas
13.2%
Total Deductions

Tax & Deductions in Kennedy Town

Estimated annual deductions on a HK$454,021 salary in Kennedy Town, Hong Kong (local employee).

Income Tax
13%
MPF
0.2%
Total Deductions: 13.2%
Est. Take-Home: HK$393,938/yr

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

Salary Equivalents

What a $75,000 USD salary in Kennedy Town would need to be elsewhere:

City Currency Equivalent
New York USD $57,975
London GBP £49,892
Dubai AED AED 290,094

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 Kennedy Town, Hong Kong to maintain your lifestyle.

Open Salary Converter

Hong Kong City Comparisons

Singapore vs Hong Kong

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Kennedy Town:

Akihabara, Tokyo Downtown Portland, Portland West Linn, Portland Jaffa, Tel Aviv Channelside, Tampa Yeouido, Seoul

Frequently Asked Questions

Is Kennedy Town expensive in Hong Kong?

Kennedy Town is near the city average for Hong Kong. Costs are about +5% vs the average, making it a mid-range neighborhood.

How does Kennedy Town compare to the Hong Kong average?

The cost of living in Kennedy Town is above the Hong Kong average. With a multiplier of 1.05x, everyday expenses including rent, food, and transportation are +5% 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.