Hong Kong, China (SAR)
-20% vs Hong Kong avgTseung Kwan O is one of the most affordable neighborhoods in Hong Kong, with a cost of living index of 58.9 — that is -20% compared to the Hong Kong average. Ranked #17 of 22, it offers some of the lowest costs in the city. Estimated rent for a one-bedroom apartment here is around HK$15,663/month, compared to a range of HK$12,726 in Yuen Long to HK$29,367 in The Peak.
For a typical resident of Tseung Kwan O, housing takes up roughly 36% 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$626,506 before tax.
Salaries in Tseung Kwan O reflect the local cost of living. Based on the neighborhood COLI of 58.9:
After tax and deductions of 12.1% in China (SAR), take-home pay for someone earning HK$626,506 would be roughly HK$550,699/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.
Estimated annual deductions on a HK$345,949 salary in Tseung Kwan O, Hong Kong (local employee).
Rates shown are for a local employee. Use the salary converter for expat calculations.
What a $75,000 USD salary in Tseung Kwan O would need to be elsewhere:
| City | Currency | Equivalent |
|---|---|---|
| New York | USD | $44,175 |
| London | GBP | £38,016 |
| Dubai | AED | AED 221,042 |
| 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% |
See exactly what you need to earn in Tseung Kwan O, Hong Kong to maintain your lifestyle.
Open Salary ConverterNeighborhoods with a similar cost of living to Tseung Kwan O:
Tseung Kwan O is one of the more affordable neighborhoods in Hong Kong. It costs about -20% less than the city average, ranking #17 out of 22 neighborhoods.
The cost of living in Tseung Kwan O is below the Hong Kong average. With a multiplier of 0.80x, everyday expenses including rent, food, and transportation are -20% compared to the city baseline.