http://www.geoexpat.com/forum/showth...p?threadid=247
Just like NYC, you can find cheap places and you can find expensive places to shop, entertain and live in.
http://www.finfacts.com/costofliving.htm
You also have to keep in mind that a very significant number of people here in HK live in govt subsidised housing. The numbers I've heard are around 50-60% -- this is messes some numbers up and companies know this and abuse it when calculating compensation. You, as an expat will not have the luxury of living in a govt estate.