Monthly Living Costs - Is this realistic?

Hi everyone!

We are a couple looking at an opportunity in Hong Kong and have done A LOT of research about the cost of living from various websites. We would be grateful to have some feedback from those living in Hong Kong just to make sure we have under / overestimated certain things and that it is realistic.

We appreciate that people's wants / tastes differ so to give an idea of what type of people we are. We would like to go out for drinks / meal once a week (socialising budget), we want a reasonable apartment in Wan Chai / Central / Happy Valley etc (Rent) and will probably lean toward western products (grocery).

These are the monthly costs we anticipate:

Rent -$ 30,000.00
Government Tax -$ 1,500.00
Management Fee (900ft) -$ 1,800.00
Broadband & Phone -$ 500.00
Cell Phone -$ 200.00
Cell Phone -$ 200.00
Electric -$ 1,000.00
Gas -$ 500.00
Water -$ 500.00

Others
Food -$ 12,000.00
Transportation -$ 1,612.00
Transportation -$ 1,612.00
Socialising -$ 5,000.00

We would be very grateful for any feedback / help!

Thanks in advance

 

Hi All! I'm Adrian. I've been involved in Training and one on one coaching since ...2005ish.
Anyhow. I live in Shanghai and visit Hong Kong almost regulalry. We run the NLP and Coaching Courses for Expats in Shanghai but I want to start doing them in HK too. If you ever need a trainer or want to learn about these subjects, let me know. Have a great day!!!
Wechat: Adriannqld Website: Adriancahill.com