Cost of living in Hong Kong, Asia
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How much is rent in Hong Kong in US dollars?

City Asia Updated July 2026

A one-bedroom in a mid-tier Hong Kong neighbourhood runs roughly USD 2,000 to 2,800 a month (HKD 15,500 to 22,000), with the moderate benchmark sitting at $2,222. Premium areas (Mid-Levels Central, The Peak, Repulse Bay) run USD 3,500 to 6,000+ for similar square footage. Outer Kowloon, the New Territories, and parts of Sham Shui Po or Tuen Mun bring the same one-bedroom down to USD 1,200 to 1,700. Square footage is the gotcha: a โ€œone-bedroomโ€ in Hong Kong often means 350 to 500 sq ft (33 to 46 sq m), notably smaller than a US or UK equivalent. Buildings with sea or mountain views, club amenities, or a managed estate carry a 25 to 40 percent premium. Furnished short-let serviced apartments run 50 to 100 percent above unfurnished annual leases. For the full housing breakdown, see our Hong Kong cost of living page.

About the author

Jo Berks

Jo Berks

Global Cost of Living Research & Data Analyst

Jo is an independent researcher with over a decade of experience delivering data, analysis, and structured reports across multiple industries. Her work focuses on sourcing and validating datasets to produce clear, usable insights. At CostLiving, she analyses global pricing data and identifies regional cost trends to support research-led content and comparative resources.

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