Analysis of the trend of Hong Kong people’s daily expenditure

Research Institute

Written by: Binnedy Number Instein

2021-05-27 12:30

Last update date: 2021-05-27 12:30

First look at the main monthly expenditures of households in different houses▼▼▼

According to the statistics of the Census and Statistics Department, the most important expenditure for households in HOS and private housing is housing, followed by food.

As for public housing tenants, the most important expenditure is food and miscellaneous services, and housing expenditure is the third one.

The following is the average monthly expenditure on various goods or services by households in Hong Kong▼▼▼

Analyzing the proportion of household expenditure in Hong Kong from 1973/74 to 2014/15, it can be seen that the proportion of housing has increased from 14.29% to 35.84%; on the contrary, food expenditure has been halved from 50% to 27.33%.

Divided by region, the housing expenditure of Hong Kong Island residents in 2014/15 accounted for as high as 43.76%, but if calculated by the proportion, it was the largest in the New Territories, increasing from 12.77% to 32.55%.

It is worth noting that in the past 40 years, the New Territories has gradually developed, and private buildings and luxury houses have gradually increased, which has led to an increase in housing expenditure.

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