Costs
An internship abroad is a valuable investment in your future, but it naturally also comes with costs. Consider housing, transportation, daily expenses, and any visa fees. It's important to have a clear idea of what your expenses will be in advance so that you’re not caught off guard. Abroad Internships is happy to assist you with advice and help you create a clear cost breakdown, tailored to your internship destination and personal situation.
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Example Monthly Costs for an Internship in Hong Kong
If you're planning an internship in Hong Kong, it's important to understand the typical costs of living. Hong Kong is known for its high cost of housing, but daily living can be manageable depending on your lifestyle. Below is an estimated monthly breakdown:
- Housing: €800 – €1,500
Housing in Hong Kong can be expensive, especially on Hong Kong Island or in central areas. Shared apartments or student dormitories can be more affordable. - Living expenses (groceries, dining out): €250 – €450
Groceries are moderately priced, and local eateries (like cha chaan tengs) offer inexpensive meals. Western restaurants are more costly. - Transportation (public transport, Octopus card): €50 – €100
Hong Kong has an excellent and affordable public transportation system. A monthly top-up of the Octopus card covers most transport needs.
- Phone and internet: €20 – €40
Local SIM cards with generous data plans are widely available and affordable. Internet is usually included in rent. - Insurance (health insurance, travel insurance): €40 – €80
A good travel or international health insurance plan is strongly recommended due to the high cost of private healthcare. - Other expenses (gym, entertainment, personal spending): €150 – €300
This includes fitness centers, social activities, sightseeing, shopping, and more. Many free or low-cost cultural experiences are also available.
Total estimated monthly cost: €1.310 – €2.470
Abroad Internships can help you estimate a realistic budget tailored to your situation and provide advice on saving money during your stay in Hong Kong. Need help or have questions? Feel free to reach out!