It will probably be in HK dollars, and per month, which is a lot more than 60K USD per year! It will be plenty to live on if you are on your own; you'll have a ball and save a small fortune! If you have a family with a non-working spouse and a couple of kids, you might find things a bit tight. Accommodation in HK is very expensive, but food & public transport are cheap. Expect to budget anything from 15k to 20k per month if you are alone, more if you have a family. You can save money by living in the New Territories or outlying islands, but it all depends what you want from your experience. PM me if you want to chat more.