Hong Kong’s Child Raising Costs Nearly 70 Percent of Median Household Income: Survey

Birth rates in HK have dropped continuously for the past 10 years

A concept family photo of a happy husband, wife, and daughter. Fotolia

Hong Kong’s total population saw negative growth in 2021, with data showing the declining birth rate being a top reason.

A recent survey found that the average cost of raising a child in Hong Kong accounts for nearly 70 percent of the city’s median household income.