Hong Kong is a relatively pricey destination. Accommodation is the biggest expense, followed by drinking in Hong Kong's bars. On a very tight budget you could survive on, say, HK$300 a day, but it would require a good deal of self-discipline. Better to budget something along the lines of HK$600
When you are planning your trip go , Public transportation are extremely efficient so you don't really need to ride in taxis. For 3-3.5 star hotels or simply guest houses, travel through MTR (metro rail) or buses are cheap.
Hong Kong is renowned as the world's shopping and dining paradise. You can eat like a billionaires, in the same token there're many affordable places with unbelivable prices. HK has the cheapest MacDonald's prices on earth. A Cantonese wonton noodle soup is only around HK$12 - 15 depending on location. A popular Chinese fast food chain all over the city, the De Coral Fast Food, with set meals under HK$30.
Hong Kong is a fun place to be in, there's always so much happenings around 24/7.
You can just search at Google for the sites for cheap flight tickets and Hotels in Hongkong or you can simply visit a site like Yatra.com and book your ticket and itenary there. I have been using this site since last 2 years and I find it very helpful.
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