Community Events
#2
of 124 cities
67 events on luma
Current value
NY, United States
How do salaries and expenses in New York compare to Hong Kong?
This shows how far a software engineer's salary goes in New York compared to Hong Kong, taking into account both salary differences and cost of living.
Community Insights
NewNew York City remains a polarizing yet magnetic hub for software engineers. It offers unmatched career trajectory and salary potential, ranking among the top globally for net income. However, the financial barrier to entry is steep; residents frequently complain about the "hustle" required just to afford basic housing. While the city provides an exhilarating lifestyle with infinite variety, the trade-off is often a smaller living space and a higher baseline stress level compared to other tech hubs. For many, the energy and ambition of the city make the drawbacks worth it, but burnout is a commonly cited risk.
Rankings
Community Events
#2
of 124 cities
67 events on luma
Current value
Net Income
#6
of 124 cities
$128,444/yr
Current value
Comfortable Weather
#32
of 124 cities
66/100 weather score
Current value
How affordable is housing for a software engineer in New York compared to Hong Kong?
Enter your annual gross salary (before taxes) to see what you would need to earn in New York to maintain the same standard of living.
Relocating is challenging. For foreigners, the US visa system (H1B, L1) is notoriously difficult and lottery-based, with sponsorship becoming scarcer for junior roles. Domestically, the housing market presents a major hurdle; securing an apartment requires extensive paperwork, high liquidity for deposits/fees, and often a guarantor. While the city is culturally open and English is the only language needed, the bureaucratic and financial friction of moving here is significant.
ambitious career-climbers, social butterflies, and those who value experiences over square footage. It is unmatched for those wanting to be at the center of finance and tech innovation. It should be avoided by those who prioritize quiet, vast personal space, or saving a high percentage of income on a junior salary.
Updated 1/20/2026
0–10 composite (higher is better) combining temperature comfort, sunshine hours, rainy-day count, and humid days. See methodology for weighting and data sources.
New York has 67 Luma events listed.
1017% more events than Hong Kong.
Purchasing Power
#45
of 124 cities
Home Affordability
#62
of 124 cities
≈7.9 yrs to buy 80m²
Current value
Safety Index
#82
of 124 cities
49.1/100
Current value
Pollution Score
#83
of 124 cities
58.1/100
Current value (lower is better)
Tax Rate
#86
of 124 cities
35%
Current value (lower is better)
Cost of Living
#123
of 124 cities
100/100
Current value (lower is better)