Living costs in Hong Kong can be high due to the city's dense population and limited space. Consequently, apartments are small, with a 25-square-meter unit considered relatively luxurious. In terms of hotels, the least expensive rooms in 5-star hotels will start at 102-740 USD per night. Four-star hotel accommodations can range from 53-540 USD, while three-star hotels typically cost between 45-225 USD per night.
If you're looking for budget-friendly accommodations, hostels are a great option in Hong Kong. They prioritize space-saving, and you can find a bed in a shared room for as low as 13 USD. For those seeking more privacy, a private room for two people starts at around 26 USD. Additionally, it's possible to rent an apartment at an affordable rate in Hong Kong, with the average weekly rent being approximately 75 USD.
