Wondering How Much It Costs to Live in Vietnam? Here's the Answer!

If you're looking for a more affordable place to live, Vietnam could be an interesting option. This country not only offers rich culture and mouth-watering cuisine but also a lower cost of living compared to many other countries, including Indonesia.

In this article, we will take a closer look at the cost of living in Vietnam, covering accommodation, daily meals, transportation, monthly shopping, internet data, and entertainment expenses.

So, if you're planning to live or visit Vietnam, check out this information to help you plan better and be prepared for everyday life there!

Cost of Living in Vietnam

Vietnam offers a cost of living that is generally lower than many other countries, including Indonesia. However, the cost can vary depending on lifestyle and location. In major cities like Ho Chi Minh City and Hanoi, the cost of living may be slightly higher compared to smaller towns.

How Much is the Cost of Living in Vietnam?

The cost of living in Vietnam greatly depends on an individual's needs and lifestyle. On average, the cost of living in Vietnam is 20-30% lower than living in Jakarta. This includes accommodation, food, transportation, and entertainment. Here's a breakdown of living expenses in Vietnam by different categories.

Cost of Living in Vietnam for Workers

Accommodation

Renting an apartment in major cities usually costs between $300 and $700 per month for a one-bedroom unit. In smaller cities or suburban areas, rent can be lower, around $150 to $300.

Meal cost

Eating out costs around $2 to $5 per meal at local restaurants, while dining at international restaurants can cost $10 to $20 per person.

Transportation

Public transportation such as buses and motorbike rentals is very affordable, with bus fares ranging from $0.30 to $1 per trip. Renting a motorbike costs about $50 to $100 per month.

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Monthly Shopping

Daily necessities such as groceries and household items cost around $150 to $300 per month.

Internet Data

Monthly internet packages generally cost between $10 and $20.

Entertainment

Entertainment expenses such as going to the movies, the gym, or dining out usually range from $50 to $100 per month.

Cost of Living in Vietnam for Families

Accommodation

For families, renting an apartment with two or three bedrooms can cost between $500 and $1,200 per month, depending on location and facilities.

Meal cost

A family’s food expenses could reach $300 to $600 per month, depending on how often they eat out.

Transportation

Family transportation costs can range from $100 to $200 per month, especially if using a private vehicle.

Monthly Shopping

Monthly household needs like groceries, household supplies, and hygiene products typically cost between $300 and $600.

Internet Data

Internet packages for families usually range from $20 to $30 per month.

Entertainment

Family activities such as traveling to tourist spots or outdoor activities may cost between $100 and $200 per month.

Cost of Living in Vietnam for Students

Accommodation

Renting a dorm room or student apartment ranges from $150 to $300 per month.

Meal cost

Students spend about $100 to $200 per month on food, with plenty of affordable options available at local food stalls.

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Transportation

Public transport or motorbike rentals for students usually cost around $20 to $50 per month.

Monthly Shopping

Daily necessities and books can cost between $50 and $100 per month.

Internet Data

Students typically pay $10 to $15 for a monthly internet package.

Entertainment

Entertainment and social activities generally cost between $30 and $60 per month.

Cost of Living in Vietnam for One Day

If you're only planning to stay for a day in Vietnam, the cost of accommodation at a budget hotel or hostel can range from $10 to $25 per night. Eating at local restaurants or street food stalls costs about $5 to $10 per day. Local transportation, such as taking a bus or taxi, can cost around $2 to $5 per day.

Internet usage or data costs between $1 to $2 per day, while activities like visiting tourist attractions or enjoying local entertainment can cost around $5 to $15 per day.

Daily Expenses

Accommodation Fees

Accommodation costs in Vietnam vary depending on the type and location of the residence. For international students, campus dormitories are an affordable option, costing around $100 per month or about IDR 1.5 million. Renting an apartment can also be a good option, with the following prices:

Accommodation Type	Estimated Cost
1-bedroom apartment in city center	$200 – $500
1-bedroom apartment outside city center	$150 – $300
3-bedroom apartment in city center	$400 – $1.000
3-bedroom apartment outside city center	$800 – $1.500
Villa	$1.000 – $5.000
Small house	$250 – $800

Meal cost

To save on food, you can eat at street food stalls, where meals start at $1. Eating in a restaurant generally costs no more than $20, while fast food meals start at $4. Two bottles of mineral water (300ml) cost around $1.

Transportation costs

Transportation options in Vietnam include trains, buses, and motorcycles. Monthly transport costs are:

1. Motorbike rental: $40 - $60 (some rental services require a deposit of $100 - $200)
2. Taxi: starting from $0.5 per km
3. Bus: $1 - $30

If you plan to stay longer, buying a second-hand motorbike for $250 - $500 is a cost-effective option. Gasoline costs about $0.99 per liter, or approximately IDR 14,900.

Utility Costs

Monthly utilities, including electricity, water, heating, and waste collection, typically range from $65 to $85, or about IDR 980,000 to IDR 1.2 million for an 85m² apartment.

Miscellaneous expense

Other costs, such as entertainment and shopping, depend on lifestyle and personal needs.

Tips to Save on Living Costs in Vietnam

Living expenses in Vietnam can vary depending on your job, student status, or family needs. To save money, try the following tips:

1. Make sure to turn off all devices when not in use to avoid high utility bills.
2. Limit recreational activities and entertainment to weekends to avoid overspending.
3. Cooking at home can save more money than dining out.
4. Don't buy items you don't truly need.
5. For students, staying in campus dorms can help reduce accommodation costs.
6. Use public transport instead of owning a private vehicle to lower transportation expenses.

Cheapest Cities in Vietnam

Vietnam has several cities with affordable living costs, ideal for those seeking budget-friendly options. Here are some of the cheapest cities in Vietnam:

1. Hội An: Known for its charming old town and low cost of living. Accommodation and food here are relatively cheaper compared to larger cities like Ho Chi Minh City or Hanoi.
2. Da Nang: A beach city offering a more relaxed lifestyle with lower living costs. Da Nang has many affordable accommodation options and delicious food at reasonable prices.
3. Nha Trang: This coastal city, famous for its beautiful beaches, offers a relatively low cost of living. You can find affordable places to eat and stay here.
4. Can Tho: Located in the Mekong Delta, Can Tho offers an extremely affordable cost of living. Accommodation and food expenses are generally lower than in other major cities.
5. Hue: This historic city is also one of the more budget-friendly options. Accommodation and food costs in Hue tend to be lower, making it a good choice for those on a tight budget.

That's a breakdown of living costs in Vietnam. Keep in mind that Hanoi and Ho Chi Minh City have the highest living expenses, but overall, the cost of living in Vietnam is still more affordable compared to many other countries.

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