The top salaries in Hong Kong for jobs in the financial industry are about 25 percent higher than in Singapore on average, according to data compiled by Bloomberg from the 2017 salary survey of recruitment firm Robert Walters Plc. That trend carries across most industries.
Are salaries higher in Hong Kong?
The annual Salary Trends report analyses current and projected salary increases in more than 70 countries and cities across the world. The average rate of salary growth for workers in Hong Kong was 2.5% in 2021 – slightly higher than the 2.1% anticipated by companies in last year’s survey.
What is a good salary in Hong Kong 2020?
The average salary in Hong Kong is much higher. It is also a good figure to base you research on, if you are coming to HK as an expat. The current average salary per month is 19100 HKD (2430 USD) for male workers and 14700 HKD (1875 USD) for female workers.
Is Hong Kong or Singapore better for expats?
Singapore is generally considered the nicest city to live in Asia for immigrants from the West, with the best infrastructure in the world. Meanwhile, Hong Kong was ranked the seventh-best place to live in Asia. Housing: Singapore trumps Hong Kong when it comes to housing.
Is it better to live in Singapore or Hong Kong?
Singapore Is A Safer City Than Hong Kong, But Both Are Better Than Many Western Cities. Based on The Economist Safe Cities Index 2021, Singapore is ranked higher than Hong Kong overall with Singapore sitting in 3rd while Hong Kong is a few places lower sitting in joint 8th with Melbourne.
Is 30000 hkd a good salary?
How do you define good salary, median income of HK people is around 16k, 30k would be decent salary level. But if you are talking about have a high quality of life in HK, 30k is not enough, you can rent 100–200 sqft flat in HK with 10 to 20k(depends on location), 1 to 2k for transportation.
Is 50000 hkd a good salary?
The top 10% earns around HKD 40,000+. But let’s assume that you are a single young professional, looking to move to HK, and would like to enjoy a reasonable level of social life, I would say HKD 50,000 is a decent starting point.
What is a good salary in Hong Kong?
What is a good salary in Hong Kong? – Quora. I agree with some of the analyses below, although I would add that the median salary (as opposed to average) of HK is around HKD 16,800 as of 2018, which is about the salary an average university grad makes. The top 10% earns around HKD 40,000+.
What is a good salary to live in Hong Kong?
How much do you need to earn to live in Hong Kong? “You need to earn HK$280’000 per year to live in Hong Kong. This works out at roughly HK$23,000 per month,” says Jamie. This is the figure he shared with us when reflecting on his expenses for the year 2020.
How much does an average Hong Kong person earn?
The median monthly wage of employees in Hong Kong rose 1.5% to $18,400 in May-June 2020, the Census and Statistics Department (C&SD) has reported. This is slightly higher than the $18,200 median recorded in the same period in 2019.
Is Hong Kong a good country to live?
Hong Kong has one of the lowest crime rates in the world despite the territory having one of the most densely populated urban regions. Often described as one of the safest cities in the world, low crime rates make Hong Kong the perfect place for you to settle down.
Is Singapore more developed than Hong Kong?
According to the Global Innovation Index 2017, Singapore ranks seventh in the world and first in Asia, while Hong Kong fell to 16th.
Is Hong Kong a nice place to live?
Hong Kong is a fantastic destination for expats and their families, with wonderful food, a vibrant culture and so much opportunity. Just make sure you are well prepared, with a job offer secured, international health insurance prepared and an apartment ready to help you settle in quickly.
Is Singapore hotter than Hong Kong?
Since Singapore is located in the tropics,it is far more hotter and humid than its Chinese cousin Hong Kong.
Is Hong Kong clean city?
So, is Hong Kong clean? Hong Kong is generally clean ranking third in 2021 for health security and has been making improvements in air quality from 2001 onwards but littering, beach and coastal health need to improve for Hong Kong to become a cleaner, healthier city going forward.
Is Malaysia better than Singapore?
Singapore’s highly developed economy enjoys stable prices and a per capita GDP higher than that of most developed countries. According to the World Bank’s 2017 Ease of Doing Business Report, Singapore ranks #2 as the easiest place to do business in the world, while Malaysia is ranked #24.