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Home » Asia » Is it cheaper to live in Vietnam or Thailand?

Is it cheaper to live in Vietnam or Thailand?

December 14, 2021 by Bridget Gibson

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.

Contents

Is it better to live in Thailand or Vietnam?

Both are ‘stable’ and considered safe for travelling and living, in terms of daily life. Thailand wins hands down with convenience, options and comfort. Travelling around Vietnam, although progressing quickly, is still more of an adventure.

Is it cheaper to live in the US or Thailand?

Estimates for the cost of living in Thailand generally say it’s between 30% and 40% cheaper than living in the U.S. According to Numbeo, a site that collects cost of living data from around the world, the average cost of living in Thailand is roughly 34% lower than the average cost of living in the U.S. Rents are 63%

Is Vietnam cheaper than UK?

Cost of living in Vietnam is 57% cheaper than in United Kingdom.

Are beaches better in Thailand or Vietnam?

Vietnam vs Thailand in Beaches: Thailand Wins! Vietnam does have some good beaches, but they are generally not as attractive as those in Thailand.Beach destinations like Ko Phuket, Ko Samui ; and Krabi offer beautiful beaches and resorts with stunning views.

Is Vietnam safer than Thailand?

Thailand and Vietnam are both very safe places to travel, and you will encounter far fewer dangers than are common in the west. As with most major cities in Asia, bag-snatching and phone snatching can happen in Bangkok and Ho Chi Minh City – and elsewhere if you are not careful.

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Is Vietnam richer than Thailand?

Thailand vs Vietnam: Economic Indicators Comparison
Thailand with a GDP of $505B ranked the 26th largest economy in the world, while Vietnam ranked 47th with $245.2B. By GDP 5-years average growth and GDP per capita, Thailand and Vietnam ranked 86th vs 17th and 89th vs 138th, respectively.

What is the best and cheapest country to live in?

10 best and cheapest countries to live in

  • Vietnam.
  • Costa Rica.
  • Bulgaria.
  • Mexico.
  • South Africa.
  • China.
  • South Korea.
  • Thailand.

Why is Thailand so cheap?

The cost of living Thailand offers lower compared to other countries, yet it also has higher living standards than some of its neighbors. The most significant reason it is deemed as poor is the imbalance between the cities and urban areas, while the majority of people live and work in rural Thailand.

How much does it cost to live in Vietnam?

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

How much should I save up to move to Vietnam?

Your budget for moving to Vietnam is all down to your own discipline, it’s easy to spend $3000 in your first month while it’s also possible to spend $900 as well. The first month can be expensive because of the deposit you need to pay for the apartment and motorbike.

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How big is Vietnam compared to UK?

Vietnam is about 1.4 times bigger than United Kingdom.
United Kingdom is approximately 243,610 sq km, while Vietnam is approximately 331,210 sq km, making Vietnam 36% larger than United Kingdom. Meanwhile, the population of United Kingdom is ~65.8 million people (33.0 million more people live in Vietnam).

Can I move to Vietnam from UK?

If you want to stay in Vietnam, you must do so legally and with the right visa.We are aware that some foreigners have been using visa companies to submit visa applications to extend their stay in Vietnam without leaving the country. The UK government cannot control the rates charged by commercial companies.

Is Vietnam cheaper than Philippines?

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 Thailand better than Philippines?

Both countries have beautiful landscapes, mountains, jungles and waterfalls to explore, so are great destinations for a sunseeker that’s also looking for some adventure. However if beaches are your main priority, then the Philippines is a better choice than Thailand.

How safe is Vietnam?

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.

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Is there a lot of tourism in Vietnam?

Tourism in Vietnam is a component of the modern Vietnamese economy. In 2019, Vietnam received 18 million international arrivals, up from 2.1 million in the year 2000.In 2008, Vietnam received 4.218 million international tourists, in 2009 the number was 3.8 million, down 11%.

Is Vietnam more developed than Thailand?

Although Thailand performs better than Vietnam on several development indicators and has higher GDP and per capita income, it now faces a slower growth rate.The GDP growth rate of Vietnam in 2018 was 1.7 times higher than Thailand’s, with stronger and steadier economic growth.

Is Vietnam safe for solo female traveler?

Although Vietnam is one of the safest countries in the world for solo travelers, women traveling alone are still more likely than men to be a target for scams and other crimes. This article provides actionable advice that solo female travelers in Vietnam can use to stay safe.

Is Thailand a 1st world country?

In the past Thailand has been classified as both a Third World and First World Country.However, Thailand is classified as a developing nation by a large number of international organizations, which look at a number of factors such as the economy, Human Development Index (the HDI), as part of their classifications.

Is Thailand a peaceful country?

The 163 states cover over 99% of the world’s population and are assessed using 23 indicators, each banded or normalised on a scale of 1-5.
World’s Most peaceful countries – ranked.

Rank Country Score
113 Thailand 2.205
114 Uganda 2.219
115 Togo 2.239
116 Kenya 2.254

Filed Under: Asia

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About Bridget Gibson

Bridget Gibson loves to explore the world. A wanderlust spirit, Bridget has journeyed to far-off places and experienced different cultures. She is always on the lookout for her next adventure, and she loves nothing more than discovering something new about life.

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