Even in these two places, a couple can enjoy a comfortable, middle-class lifestyle for less than $1,300 per month. Many Westerners who live in Hanoi and Ho Chi Minh City get by spending around $500 per month, but it’s a no-frills lifestyle.
Cost of Living in Vietnam.
Expense | U.S. $ |
---|---|
Monthly Total: | $899 to $1,469 |
Contents
Can you live on $1000 a month in Vietnam?
How much does it cost to live in Vietnam? $700 on the low end of the range, up to $1,400 for mid-range expats. This averages living costs across many months—you may spend more getting set up, but many expats average $1,000 per month.It does not include expat health insurance, which can run about $500 a year.
How much money do you need to retire in Vietnam?
How much does it cost to retire in Vietnam? $960 per month to live comfortably in Vietnam. For less than $12,000 per year, you can hit gym, eat out frequently, and enjoy beers on the beach. To ensure you have money for visa runs and incidental expenses, let’s round the total to $1,000 per month.
How much is a house in Vietnam in USD?
Home prices in Vietnam are considered very affordable compared to other property hotspots favoured by Chinese such as Bangkok. A high-end property in central Ho Chi Minh City costs USD3,000 to USD 6,000 per square meter while its equivalent in Bangkok costs around USD7,000 to USD9,000 per square meter.
How much money is enough for Vietnam?
For a more comfortable backpacker experience in Vietnam, it’s best to budget around $50 per day. This way, you’ll have more money to spend on things like food, drinks, activities and hotel rooms. For a comfortable mid-range experience in Vietnam, it’s best to budget $60 to $100 per day for your entire costs.
Is $100 a lot of money in Vietnam?
What USD $100 buys you in Vietnam. Travelers to Vietnam turn into instant millionaires overnight, as 100 US dollars gets you 2,340,000 Vietnamese Dong (VND). While you won’t exactly be rich by Vietnamese standards, you’ll be set for a comfortable week’s worth of travel.
What are the disadvantages of living in Vietnam?
Pros and Cons of Living in Vietnam
Pros | Cons |
---|---|
Very affordable | Western goods are expensive! |
Great food | Whilst the food is great, it does get samey |
Fresh markets | The food isn’t as clean or organic as back home. Meat is especially poor quality. |
Great expat communities | There are some odd balls hanging around |
How much does a house cost in Vietnam?
The average home in Vietnam costs approximately $4,500. Monthly rent varies, but the average cost is about $650, and this price often includes utilities.
What is a good salary in Vietnam?
Wage and salary in Vietnam are very dissimilar across occupations and contrast starkly between urban and rural areas. The average wage per person in Vietnam is around 3.45 million VND ($150) a month and differentiated by many factors.
Average Salary.
Career | Average monthly salary (VND/USD) |
---|---|
Real Estate | 17 million VND ~ $720 US |
What is a good expat salary in Vietnam?
Expats working in Vietnam are currently enjoying over $90,000 in average annual income, with the country scoring in the 19th place for best countries to live and work and the first place when it comes to saving more and having more disposable income.
Is Vietnam a bad place to live?
According to the 2019 Global Peace Index, Vietnam ranks 57th out of 163 countries in safety—well above the United States in the 114th position. In today’s Vietnam, violent crime is rare.
How much is a condo in Vietnam?
On average, you’ll pay just over USD 2,000 per square meter for a standard apartment in the city. Buying a luxury condo in Ho Chi Minh City often costs upwards of USD 5,000 per square meter though. Naturally, prices vary based on your condo’s location.
Is it cheap to live in Vietnam?
Vietnam is an inexpensive country to live in. Most items cost less than half of what you would pay in the West, and anywhere from 5% to 25% less than what they would cost in many other Southeast Asian countries. Vietnam’s most expensive city is Ho Chi Minh City, followed by Hanoi.
Is Philippines cheaper than Vietnam?
According to a 2020 survey by Numbeo, whose data is used by The Economist and Time Magazine, the Philippines has a Cost of Living index of 39.2 – meaning that, overall, everything costs 39.2% of the price you’d pay in New York (which has an index of 100). Vietnam is even slightly cheaper, with an index of 38.1.
Is Vietnam cheaper than Thailand?
Overall. Overall, the cost of living in Vietnam is lower than Thailand, even in a major city such as Ho Chi Minh City. As an expat, you can expect to pay about 20 to 30% less than you would in Thailand, although not everything will be more affordable.
How much do you need for a month in Vietnam?
Our rough estimate was a budget of around US$ 3,000 (total for 2 people) for 30 days. That worked out at US$ 50 per day per person, which is a comfortable amount for Vietnam and would allow us room for the occasional splurge.
What’s the average salary in Vietnam?
The average salary in Vietnam is 6.1 million Vietnamese Dong (VND) per month, according to the July 2021 press release by the General Statistics Office of Vietnam. As per the August 2021 exchange rate, this is equivalent to 277 USD/month. In Vietnam, it’s common to pay employees a 13th-month salary as an annual bonus.
Can I live in Vietnam?
Vietnam has become increasingly popular as an expat destination in recent years and it is now recognized as a safe place for foreigners to live and work. Expats are attracted by the nice weather, low cost of living, lively culture and the steady improvements in Vietnam’s infrastructure.
Is Vietnam friendly to foreigners?
Vietnamese people are generally observed to be guarded and non-confrontational. This trait reflects clearly in their attitude towards strangers or someone they are not close to. They are friendly in an effort to maintain harmony, yet reluctant to open up about themselves.
What should I avoid in Vietnam?
11 Things You Shouldn’t Eat or Drink in Vietnam
- Tap water. Might as well start with the obvious one.
- Strange meat. We don’t mean street meat, as street food in Vietnam is amazing.
- Roadside coffee.
- Uncooked vegetables.
- Raw blood pudding.
- Cold soups.
- Dog meat.
- Milk.
What you should not do in Vietnam?
15 Things You Should Never Do In Vietnam – Must Read Before…
- Don’t Forget To Apply For A Visa.
- Donʼt Wear Shorts, Short Skirts To Pagoda/Temple.
- No Public Display of Affection.
- Never buy bottled water without checking the seal.
- Never forget to take off your shoes when entering a Vietnamese house.