Hong Kong isn’t as cheap as it used to be, simply because the cost of land is prohibitive and many resources are imported, including water from China.

That said, there are many bargains here, including public transportation, its many museums, its duty-free goods and meals taken at local Chinese restaurants.

• At the budget end (staying in guesthouses or hostels, rarely eating out, walking and visiting mostly free sights), you might be able to get away with about HK$750/person/day.

• A more average budget for most visitors (staying at standard hotels, eating out once a day, going to the full range of sights and taking public transport), would be more than double that, at HK$1,500 to HK$2,500/person/day.

• Double that again and HK$3,000 to HK$5,000/person/day buys a pretty high-end experience, with smart hotels, meals at the full range of restaurants and taking taxis around town whenever you feel like it.