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Home » Asia » Is it expensive to live in Ho Chi Minh City?

Is it expensive to live in Ho Chi Minh City?

December 14, 2021 by Bridget Gibson

Vietnam’s most expensive city is Ho Chi Minh City, followed by Hanoi. 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.

Contents

How much do I need to live in Ho Chi Minh?

Summary about cost of living in Ho Chi Minh City, Vietnam: Family of four estimated monthly costs are 1,723$ (39,079,494₫) without rent. A single person estimated monthly costs are 483$ (10,952,025₫) without rent.

Is Ho Chi Minh expensive?

Ho Chi Minh City is an incredible travel bargain compared to most of the rest of the world, though it’s also among the more expensive cities in Vietnam.Hoi An prices are strangely low for food and drinks and even hotels, and it’s a major highlight for most visitors to Vietnam.

How much does an apartment cost in Ho Chi Minh?

According to a report published by Q&Me, as of the fourth quarter of 2020, the average price of an apartment in Ha Noi was around 1,531 U.S. dollars per square meter. In Ho Chi Minh City, the apartment price was much higher, at 2,475 U.S. dollars per square meter.

Is Ho Chi Minh City a good place to live?

“Saigon is a very calming place, despite all the chaos. The lifestyle is relaxed and everyone seems to always make it to places (almost) on time.” The bustling city also offers friendly faces, an active social scene and some of the best (and cheapest) street food on the planet.

See also  Is Ho Chi Minh City rich?

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

Is Vietnam cheaper than South Africa?

South Africa is 28% more expensive than Vietnam.

Is Ho Chi Minh City worth it?

Absolutely it’s worth to see Ho Chi Minh city – one of the biggest and craziest cities in Vietnam beside Hanoi if you want to compare. Things to do : City Tour, Cu Chi tunnel, and Mekong Delta.

How much is average 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

Is Ho Chi Minh City Safe?

Ho Chi Minh is generally a safe city, as safe as other similar cities throughout the world. Violent crime is rare, but lately, robberies, assaults, and harassments started occurring, often involving weapons.

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.

See also  Why do people go to Hanoi?

Is Vietnam friendly to foreigners?

Generally speaking, Vietnamese people are incredibly forgiving. They’ve seen foreigners do some pretty idiotic things, so whatever errant blunders you end up committing really won’t upset them all that much.To keep you from catching flak from locals, here are 11 things you should avoid doing in Vietnam.

Is Vietnam cheap to live?

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 Thailand cheaper than Vietnam?

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.

Can foreigner buy house in Vietnam?

The law on land ownership in Vietnam is valid for all types of property. A foreign owner can purchase an apartment, house, villa or land. Foreign individuals and foreign entities cannot hold more than 30% of the shares of a building or more than 250 properties in the same district.

Where do expats live in Vietnam?

Two of the most popular neighbourhoods with English-speaking expats include Tay Ho in Hanoi and Binh Thanh in Ho Chi Minh City. Once you are a bit more settled, you might find life in other cities appealing, especially those on Vietnam’s beautiful coast.

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Is life in Vietnam good?

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 living in Vietnam hard?

First things first: Visas. Vietnam is an easy place to visit, and it’s not overly-difficult to stay for a semi-long-term, but gaining permanent residency status is tricky. The majority of semi-permanent expats living in Vietnam do so on a tourist visa, which can be acquired easily via any number of online services.

How long can an American stay in Vietnam?

Americans can stay in Vietnam for a maximum of 30 days in Total then will have to leave or do an in-country extension.

How much is a Coke in Vietnam?

Vietnam – Coca-Cola – price, March 2021

Vietnam – Coca-Cola – price, March 2021
VND 7,500.000
USD 0.331
EUR 0.292

Is Ho Chi Minh City better than Hanoi?

Hanoi is better preserved & has a lot more to see during the day; Saigon has friendlier people and much better nightlife & a wider choice of restaurants. Worth spending some time in both.

Filed Under: Asia Tagged With: Ho Chi Minh City, Vietnam

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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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