Location Factors

Kowloon

The location factor for Kowloon (Hong Kong) is 1.42, based on local living costs.

This means a HK$699,116 per year salary would roughly be compareable to €60,000 in Berlin (Germany).
If you would have to pay full taxes in Germany, this amount would rise to HK$881,493.

You can also start a calculation based on Kowloon.

Name Kowloon
🇭🇰
Hong Kong
Chosen Factor 1.42 1.79* 1.49 1.88*
Market Rates unavailable 1.15 1.46*
Consumer Price Index 0.97 1.23* 0.99 1.24*
Rent Index* 2.61 3.29* 2.99 3.76*
Consumer Price Plus Rent Index 1.42 1.79* 1.49 1.88*
Groceries Index 1.14 1.44* 1.23 1.54*
Restaurant Price Index* 0.75 0.94* 0.74 0.94*
Local Purchasing Power Index* 0.75 0.95* 0.67 0.84*
Buffer Location Bracket* B B or A
Currency Hong Kong Dollar (HKD)
Income Tax* 0% to 15%
* Not used for index.* If taxes paid in Germany instead.
Market rates based on PayScale. Living costs based on Numbeo.

Other locations in Hong Kong

City Factor Based On
Hong Kong 1.59 2.01* Living Costs
create calculation* If taxes paid in Germany instead.