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Worldwide Cost of Living 2010: How High Is Hong Kong?

2010-12-24
Marcus Tang

Where does Hong Kong rank on living costs?

The 2010 worldwide cost-of-living survey places Hong Kong near the top — pricey across the board; the dearer life gets, the faster retirement savings’ purchasing power erodes, making MPF contributions all the more vital. Retiring in an expensive city takes extra planning.

How do you save for retirement amid high costs?

Big expenses mean maximising MPF: low fees, right mix, never ignored. Compare funds’ fees and long-run returns and build a solid base in a high-cost city.

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